https://www.scmp.com/rss/500303/feed Maxine Ryan is the chief operating officer and co-founder of Bitspark, which helps customers cash in and out of cryptocurrencies en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com The global money transfer industry is under threat. With high fees, a war on cash and the growing trend of “de-risking” by banks, the traditional means is no longer effective in serving the two billion people who are unbanked. Bankless, cash-based societies are where the real money transfer market lies, with global remittance flows to developing countries reaching a record of US$466 billion in 2017. In recent years, blockchain technology emerged as the solution to enable a global money transfer... https://www.scmp.com/business/banking-finance/article/3001912/age-bankless-global-money-transfer-dawns-blockchain?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3001912/age-bankless-global-money-transfer-dawns-blockchain?utm_source=rss_feed Sun, 17 Mar 2019 02:30:12 +0000