Asia To Get Blockchain based Remittance1

Asia To Get Blockchain based Remittance

The UAE Exchange, a part of payments and foreign exchange company Finablr along with Ripple is planning a blockchain-based cross-border remittance to Asia by early 2019. Asia the largest recipients of remittance in the world, at present almost all remittances are sent through foreign exchanges. Promoth Manghat, CEO of Finablr said that alternative holds tremendous promise for the industry.

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