Of all the pure plays to be made on blockchain rig
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Posted On: 01/17/2018 11:34:50 AM
Of all the pure plays to be made on blockchain right now, BTL Group Ltd. (BTLLF; http://btl.co/ ) is a strong candidate for major profit. BTLLF focuses on international remittance payments — a $550 billion industry.
With Trump has promising to “issue a temporary moratorium on new agency regulations”, he’s also threatened to dismantle the Dodd-Frank Act, saying it “has made it impossible for bankers to function.” This is ideal for proliferating the use of blockchain technology.
With its cross-border settlement technology called Interbit, BTLLF aims to disrupt the industry by using blockchain technology to shorten transaction times and lower fees.
Doing so would effectively box out traditional remittance services from the market.
To help achieve this, BTLLF acquired a company called Xapcash in February 2016 — which specializes in online and instore payment processing for remittance services. BTL uses Xapcash to tap into Canada’s $24 billion remittance market by offering blockchain-based technology to send payments around the globe.
BTLLF entered into a project with Visa Europe in September 2016 to explore new applications for blockchain technology within the financial services industry.
BTLLF is attempting to define an entirely new way of doing business, and completely disrupt the established financial world order in the process.
With Trump has promising to “issue a temporary moratorium on new agency regulations”, he’s also threatened to dismantle the Dodd-Frank Act, saying it “has made it impossible for bankers to function.” This is ideal for proliferating the use of blockchain technology.
With its cross-border settlement technology called Interbit, BTLLF aims to disrupt the industry by using blockchain technology to shorten transaction times and lower fees.
Doing so would effectively box out traditional remittance services from the market.
To help achieve this, BTLLF acquired a company called Xapcash in February 2016 — which specializes in online and instore payment processing for remittance services. BTL uses Xapcash to tap into Canada’s $24 billion remittance market by offering blockchain-based technology to send payments around the globe.
BTLLF entered into a project with Visa Europe in September 2016 to explore new applications for blockchain technology within the financial services industry.
BTLLF is attempting to define an entirely new way of doing business, and completely disrupt the established financial world order in the process.
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