CoinSpeaker TransferWise Undermines the Potential Advantage of Blockchain Technology
Even though in the early stage of its development, the blockchain technology is hailed by many as a potential game-changer in the future. Several FinTech organizations are flexing their muscles to facilitate instant cross-border payments using blockchain. However, the London-based financial startup TransferWise which transfers money across 70 countries, refuses to acknowledge the potential of the blockchain technology. TransferWise believes that blockchain is still pretty novice and there no potential advantage of using it.