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Over 100 Migrant Workers Test Blockchain Remittance in Thailand

Over 100 migrant workers transferred money instantly over blockchain to their homes in Myanmar in the last months. It marks a successful pilot test for Everex, a company aiming to give financial access to the world’s huge Bottom of the Pyramid (BOP) population. Overall, average transactions took less than a minute and recorded savings of over 7% in remittance cost and currency exchange rates. Everex essentially hands the power to send any amount of money fast and cheap around the world to in ...

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