Cross border remittance blockchain

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Blockchain organises data into blocks, accessibility to lending solutions.

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Any digital asset can be can be transmitted over the including Lumens.

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How is Blockchain changing Cross Border Payments ?
With CBDCs, cross-border remittances can be executed in near real-time, eliminating intermediaries and significantly reducing settlement times. Blockchain can support cross-border payments in any cryptocurrency of your choice, including popular crypto coins, CBDCs, and custom cryptocurrency. Consensus-. premium.gruppoarcheologicoturan.org � blog � blockchain-cross-border-payments.

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calendar_month 22.09.2022

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CBDCs can streamline this process by providing a direct, peer-to-peer transfer mechanism. The direct transfer of CBDCs can ensure that a larger portion of the remitted amount reaches the intended recipient, thereby promoting financial inclusion and benefiting individuals and families who heavily rely on remittances. In the remittance market, cryptocurrencies like Bitcoin and Ripple, which have a number of advantages over conventional methods, have emerged as disruptive forces.