Much has been talked about the enormous potential of blockchain protocols as a money transfer & remittances tools even though there were no concrete examples to show. That has changed in 2015. Companies are being built and will sooner or later become a vital part of new international money transfer systems that can include the traditional remittance companies if they learn, adapt, innovate partner and evolve. The blockchain technology behind bitcoin and other cryptocurrencies can be a secure & cost-efficient digital money system that will undoubtedly bring a number of changes to the way we transfer value internationally. Rebittance Companies are moving remittance in a number of corridors. The Ripple Network has already being implemented by Banks & Forex Companies in different geographies and even Western Union is looking at it. All these innovations will become a reality in a not so distant future. Regulation is slowly making the ecosystem more dependable and safer. Compliance and KYC will be even easier than is today. That is why we at IMTC think that it is important to learn, to listen, to analyze and to create partnerships between the old and the new to find better ways to move forward as an industry. That’s why we developed MTBIT.
MTBIT is the forum to discuss these innovations, to explore the possibilities and create bridges now. The future is now.
Miami Beach, United States