Practical applications The practical applications for the cryptocurrency have advanced considerably in the last five years. This can be seen in the way e-commerce has magnetised toward the security of Bitcoin. For example, a merchant in Johannesburg who is selling to customers in Botswana (or Barbados, for that matter) wouldn’t have all the issues associated
Terra, a mobile-first international payment network, incubated by Mahindra Comviva, announced the launch of Terra Pulse to help financial authorities and regulators accurately measure mobile-powered international remittances. Terra provides the rails for international transfers by interconnecting digital wallet service providers, foreign exchange houses and remittance companies. As a regulated entity, Terra maintains an audit trail
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WorldRemit and MTN Group announced that WorldRemit customers can now send money instantly to MTN Mobile Money wallets in Rwanda, Uganda and Zambia. The launch follows the signing of a global partnership agreement earlier this year, to enable WorldRemit customers all over the world to send international remittances to MTN’s Mobile Money customers. “This partnership makes
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