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Money transfer, payments, savings, investments, and other financial services and operations are business processes where fintech is a widely recognized product. You can not underestimate professional fintech consultancy if your company wants to follow the latest emerging technologies and trends and deliver quick, effective, and safe financial services and products to your customers. In our…
Is blockchain only about bitcoin and other cryptocurrencies? Certainly, not. Blockchain guarantees the security and authenticity of data records. Today about 90% of banks in Europe and America research this decentralized technological system. Moreover, blockchain fuels insurance, healthcare, government, cybersecurity, and hundreds of other industries. Among the loudest names in the sphere are the businesses…
On September 7 this year, El Salvador introduced the Chivo bitcoin wallet for its citizens to provide commission-free payment service for remittances. In 2020, El Salvador got about $6 billion in remittances. The money transfer commission can reach up to 33%. So, if all Salvadorians turn to Chivo, it may cost Western Union and other…