Solving the Last Mile Finance Problem with Bitcoin

Solving the Last Mile Finance Problem with Bitcoin

Bitcoins are becoming a strong contender in the last mile finance space. I would like to begin this article with this brave claim. And prove along the article, as to why this is true. The Chief Information Officer of Western Union, Mr. John Thomson recently expressed his opinion on Bitcoins, on the Internet. Here is an important quote. "Bitcoin as a technology doesn't solve any problems for us in the core of our business. Our challenge is the last mile. How do I get that money in the person's hand, and meet all the regulatory compliance needs in that country? So, I don't really need it for....


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