Quote from: melody82 on July 20, 2015, 10:40:50 PM

Quote from: Hollingsworth on July 20, 2015, 10:34:41 PM

The point of this thread is rendered moot when you consider that Western Union is trial testing blockchain technology with various fintech companies including Ripple Labs. Remittance companies will have adopt some form of blockchain technology if they want to compete.

Interesting, I didnt know that. Do you have a good article you can link please?

Here you go:

http://www.coindesk.com/western-union-pilot-program-ripple-labs/

Whether WU adopts the blockchain model remains to be seen. Ripple Labs is now Fincen compliant. That would help bridge the gap for a traditional remittance company like Western Union looking for a legitimate player in the crypto world.