Growing Demand for Global And Real-Time Payments To Boost Bitcoin Adoption

Growing Demand for Global And Real-Time Payments To Boost Bitcoin Adoption

Making predictions in the world of finance and payments in 2016 will be quite a challenge as nothing has been set in stone yet. That being said, various emerging trends in the payment industry can’t be ignored. Bitcoin is gaining more popularity all over the world, as traditional finance struggles to keep up with the growing customer demand. Global, Open And Real-Time Payments Are Coming. There is no denying the payments industry will change a lot over the next few years. Several of those changes may very well start to rear their heads in 2016. Based on a recent community blog on Finextra,....


Related News

Ripple To Launch XRP Powered On-Demand Liquidity Solution In Lithuania

Ripple, an American FinTech firm, and FINCI, a Lithuanian FinTech firm, have partnered up to make retail remittances and B2B payments faster and more affordable. This is done through RippleNet’s On-Demand Liquidity (ODL), which uses XRP for cross-border payments that are crypto-enabled. This partnership will allow customers and businesses to make real-time payments while sparing […]

JPMorgan Sees $600 Billion Demand for Bitcoin From Global Institutional Adoption

JPMorgan’s analysts have predicted significant demand for bitcoin following the $100 million purchase of the cryptocurrency by Massmutual. The analysts believe that other traditional investors, including pension funds, will follow suit, leading to a conservative estimate of $600 billion demand for bitcoin. $600 Billion Demand for Bitcoin JPMorgan Chase’s analysts wrote a note Friday explaining why they see significant demand for bitcoin. They explained that the recent investment of $100 million in the cryptocurrency by mega insurer Massachusetts Mutual Life Insurance Co.....

Japan to test Ripple’s ODL service for money transfers to the Philippines

Japan’s first On-Demand Liquidity service implementation helps Ripple drive the adoption of crypto-enabled services. Showcasing the use of cryptocurrency in monetary transfers, Ripple has become a known partner for traditional institutions that wish to revamp their cross-border remittance services. Taking this vision further, Ripple announced a new partnership with Japan’s SBI Remit to transform remittance payments from Japan to the Philippines.Ripple’s latest partnership will see the involvement of mobile payments service Coins.ph and digital asset exchange platform SBI VC Trade to....

XinFin (XDC) hits a new ATH after fresh partnerships and exchange listings

XDC price soared to a new all-time high shortly after a round of new partnerships, protocol integrations and exchange listings. Enterprise adoption of blockchain technology is an important long-term goal of the cryptocurrency community because the integration of digital currencies with daily business activities will bring new users into the ecosystem and provide a boost to on-chain activity.One protocol that has been gaining traction on the enterprise adoption front is XinFin Network (XDC), an enterprise-ready hybrid blockchain solution specifically designed to optimize international trade....

Vitalik: People still 'underrate' the superiority of crypto payments

The Ethereum co-founder suggests that cryptocurrency payments are a "big boost" to international business, charity, and even payments within countries. Ethereum co-founder Vitalik Buterin suggests the superiority of cryptocurrency for payments is often "underrated" compared to fiat, pointing to the convenience of international payments and payments to charities as key examples. Buterin made the comments in a Twitter thread on Aug. 24, explaining that it's not just resistance to censorship, but also convenience that makes cryptocurrencies "superior" when it comes to international business,....