Blockchain and Remittance Day to be Held This Month
The International Money Transfer Conference (IMTC) is set to hold the first Blockchain and Remittance Day in Istanbul on May 25. This one-day event is part of a larger conference featuring remittances in the Middle East, Africa, and Europe. In particular, the Blockchain and Remittance Day event will feature a range of new systems and services built to enhance remittances and money transfers. Spotlight on Bitcoin and Blockchain. Blockchain refers to a public ledger of transactions for bitcoin which undergo verification through complex algorithms solved by computers or bitcoin miners. Apart....
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Shinhan Bank, one of the largest financial institutions in South Korea will begin a remittance service – backed by bitcoin – between Korea and China, starting next month. The Korea-China corridor will soon see the bitcoin remittance service made possible through Hong Kong as an intermediary, a country where digital currency transactions are legally allowed, according to Korean news outlet Pulse. Fundamentally, the remittance operation will see Shinhan Bank transfer value to a digital currency exchange in Hong Kong, which will then further the transaction by transferring the value, in....
This May, the city of Istanbul will play host to the International Money Transfer Conference or IMTC EMEA 2015. The conference will be held at the Conrad Istanbul Bosphorus Hotel on May 25-27th 2015, and will bring together all the players dealing in money transfer globally. In recent years, businesses involved in money transfer have come to include a heterogeneous mix of telcos, banks, mobile network operators, as well as the latest kid on the block, Bitcoin remittance startups. Global Remittance - A Growth Industry. IMTC EMEA 2015 to be held in Istanbul, Turkey in May. Global remittance....
Visa Europe's innovation lab was demonstrating its proof-of-concept remittance app, which sends funds over the bitcoin blockchain, at the UnBound London conference on 30th November. The lab built the prototype with startup Epiphyte as part of a 100-day development project. Visa Europe Collab's Jon Downing and Epiphyte's Edan Yago discussed the reasons for embarking on the project, and for using the bitcoin blockchain instead of a closed network, in this CoinDesk exclusive. At the conference, held under the Victorian railway arches of London Bridge, Collab's Nigel Clarke, an innovation....
Spanish startup Bit2Me has won $10,000 for its new blockchain-powered remittance app Hive. The startup was awarded the prize after pitching Hive at FinTech Americas' hackathon, held in Miami last week. Team Hive from Spain announced the winners of the @fintechamericas @Cobiscorp Hackathon! @blockchain @Sbootcamp pic.twitter.com/bkjFWta8Yh. - fintechamericas (@fintechamericas) October 22, 2015. Hive is a peer-to-peer app that leverages blockchain technology to enable the transfer of funds between users, who can top-up their accounts with either bitcoin or credit cards. According to a....
The 6th annual Remittance & Mobile Money Expo, held today and tomorrow – Feb. 2 and 3 in Lagos, Nigeria, will address the challenges and opportunities in the emerging African remittance market. Billing itself as the largest gathering of stakeholders in the remittance ecosystem serving Africa, the conference will be at the Lagos Oriental Hotel. The theme of the conference, hosted by MobileMoneyAfrica, a resource for mobile financial inclusion, is “lowering transaction cost.” There will be more than 30 speakers. According to MobileMoneyAfrica, Nigeria is the largest remittance....