Tag Archives: Ripple


How Western Union Could Inspire Mass Crypto Adoption in 2019

  By David Drake   The international money transfer has continuously been a growing industry since it first entered the market in the 19th century. The wire transfers are significantly faster compared to traditional banking methods and are available in most geographical locations around the world, making it possible for customers to send money in hundreds of currencies. With the […]

Western Union Ready to Support Customers’ Crypto Adoption

  By David Drake   For over a hundred years, the global money transfer landscape has radically evolved from localized payments, that were the preserve of banks, to the emergence of numerous money transfer companies. One of the world’s leading money transfer company, Western Union, has managed to keep up with the changing financial landscape. It has established itself as […]

Western Union Ready for Cryptos: How will this Impact Uptake of Digital Assets?

  By David Drake   Western Union, the global money transfer leader says it is ready for digital currencies. The company is not entirely new to cryptocurrencies as it has been testing Ripple, an international technology payment for months. In a recent announcement, the company indicated that it is equipped to incorporate digital currencies, as it views them like any […]

Why Western Union is All Set to Include Cryptos in its Services

  By David Drake   Western Union,  the global funds remittance giant is considering going paperless this year. In an interview with Reuters Plus, Odilon Almeida, Western Union President, said the company has been exploring ways to include cryptocurrencies in its services. The global funds transfer giant has also considered employing blockchain technology in its operations as a way of […]

Will Investments by Ripple and Binance Accelerate Future Adoption of Blockchain?

  by David Drake   The need to encourage responsible innovation in the cryptocurrency space has received a huge boost. Ripple, a cryptocurrency and payments start-up has committed $50 million to a research program called the University Blockchain Research Initiative. The program has already partnered with 17 universities across the world to facilitate research and development in cryptocurrency, blockchain and […]

Top 5 Ways Blockchain is Going Mainstream in the Business World

  by David Drake   Global spending on research and development has reached $1.7 trillion. 80% of this amount was spent by only 10 countries, the highest being the United States, followed by China and Japan in terms of percentage GDP. To a large extent, research and development spending reflects the importance a country places on innovation, which is the […]

How Impact Seeding and Research will Impact the Future of Blockchain

  by David Drake   Startups in the cryptocurrency space are not just after disrupting the status quo, they are aiming at providing venture capital, competing with traditional early stage investors. Early this month, Binance, the leading cryptocurrency exchange in terms of trade volumes declared that it was setting aside $1 billion in a Social Impact Fund to finance cryptocurrency […]

Will Funds from Ripple and Binance Catalyze the Adoption of Blockchain Technology?

  by David Drake     Smooth-functioning, transparent and resilient financial systems are important for the economic development of countries. This is the reason why blockchain technology has the potential to transform the financial sector and, by extension, the entire global economy. Although this technology has made significant headway in the mainstream financial sector, its potential is far from being fully […]

Can Blockchain Funds Ensure Lasting Results for the Cryptocurrency Industry?

  by David Drake     Research and development are critical components of driving innovation because they allow for the development of new technologies, knowledge and techniques. With changes in technology, people are able to generate more outputs with the same amount of resources, and sometimes even fewer resources – an aspect that increases productivity. At the same time, startups that […]

How Research and Social Impact Initiatives will Accelerate Blockchain Application

  by David Drake     Impact investing is trending globally, attracting both individual and institutional investors.  At the beginning of 2016, the global ‘impact’ market stood at just below $23 trillion. On May 31, 2018, a leading cryptocurrency trading exchange, Binance, joined impact investing when it announced plans to launch a $1 billion venture capital fund dubbed the “Social Impact […]