Egyptian National Bank Turns to Blockchain to Boost Remittance Business

in #dlike5 years ago

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Ripple has onboarded the National Bank of Egypt to its blockchain powered cross-border payments network, RippleNet

Remittances: an almost $600 billion global market

The global remittance market — referring to the money or goods that migrants send back to family and friends in their home countries — is expected to reach $597 billion in 2020, according to data from the World Bank.


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