I did a presentation on this long ago (The original presentation can be downloaded from here: Uberization of Money Transfer: 12 Questions every small and medium, independent money transfer operator should ask themselves). For months I’ve been thinking of doing an updated version of the presentation into an article, so here it is. It is […]
The crypto epoch is upon us. Today, more and more financial institutions are starting to wake up to crypto, look at it, and stop dismissing it with a wave of their hand. Very recently, Bank of Lithuania, which had a negative opinion on crypto has reversed its decision. Imagine a central bank of a country, […]
If you’ve never sent money to someone across the world using crypto, then it is something I would suggest you must try. In the modern world of email that we live in, sending money via crypto is the equivalent of instant messaging. It is highly gratifying. What fascinates me even more is our collective ability […]
Unrestrained by national interests, unaffected by global events, cryptocurrency offers a financial resource that offers much in the way of benefits for the future. According to futurists, those experts who look forward and make judgments based on how they see society evolving, cryptocurrency will replace all other forms of currency by 2030. Yet the question […]
The central bank of Pakistan, i.e. State Bank of Pakistan, ended months of neutral stance by formally issuing a notice on Bitcoin &/or Virtual Currencies. In a Banking Policy & Regulations Department (BPRD) Circular # 3 of 2018, State Bank of Pakistan has officially put a Prohibition of Dealing in Virtual Currencies/Tokens. It also confirms […]
For the past couple of years, I have been talking around the world about the Fragments State of Our Payment Systems. With over 1,900 payment systems around the world, less than 3 percents are connected and can talk to each other directly or using one hop. Think about that for a minute, what a mammoth […]
I present to you the following scenario. Day 1: Single IOU Let’s say you walk into your bank in America and present $ 100,000 to the bank, and ask them to make a Cashier’s Cheque for you. No problem they say! The teller types one up, and charges you $ 10 extra for it and […]
Stellar Lumens Here is a very decent infographic that explains the Stellar Lumens in a nice, concise infographic. Original Source.