Global cash transfer giant Western Union has revealed that it is evaluating options for the integration of blockchain technology and Cryptocurrency services to its platform. The revelations were made via a blog post and a video on the company’s blog. The news follows an increased buzz around cryptocurrencies globally.
Bitcoin is the dominating crypto currency. The recent crash only managed to get its price back to where it was last December, which means it is still profitable compared to a few years ago. Yet the digital currency that started it all suffers from some serious flaws, from volatility to its core algorithms.
It has been almost 7 months since Phil Chen, HTC’s Decentralised Chief Officer, stood on stage at Coindesk’s Concensus summit in New York and announced the worlds first cryptocurrency focused phone, the Exodus1.
News about cryptocurrencies and blockchain technology can easily fly under the radar
Indonesian cryptocurrency and payments company Pundix has introduced a point of sale terminal at a shop in Nigeria
Cryptos have seemingly hit bottom as nearly all market demand seems to have been sucked out of the asset, causing many cryptos to hit historic lows.
With a crash in the value of bitcoin last week, Nigerians are pulling back to cut down on their losses in the cryptocurrency market