The South Indian Bank (SIB) has launched a blockchain-enabled hassle-free money transfer facility for customers. With this, SIB customers can transfer funds from foreign countries in a safe and digitally encrypted environment. The bank had tied up with a Middle East-based forex major in this regard.
from Google Alert - Blockchain http://ift.tt/2j8q1xy
There are so many benefits to using a cryptocurrency, that it would seem foolish to neglect such an invention. For example, it allows you to send money anywhere in the world in an instant, with basically no fees involved. Everyone can be included in the financial system, it will change the way we interact with money, it can prevent fraud, and much more.
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