Great news! Increasingly, there are attempts to legalize cryptocurrencies.
So Western Union did not stay away. And this is a world name. WU is known and used all over the world.
The more such news, the more people will learn about cryptocurrencies.
Topic: Western Union getting into crypto (Read 440 times)
if they will stop the blame and join it will be a great idea because sending money via banks is somehow outdated.
As long as there would be no news posted in their website then i would no longer believe such news posted in any social media sites or any news agency, a lot of fake news scattering everywhere, trying to believe the people. Anyway, i would be happy to review and ask on their site regarding this news agency if this legit or not. Lets be more careful and be selective. Lets spread the facts.
This is a very convenient money transfer service. I used to transfer money to my relatives, but they are now involved in crypto, which shows that the crypto market is getting closer and closer more users
Could've been CNN for more legitimacy. 
But it was CCN.
Let us say that happens.
Why?
They are losing customers because of the crypto currency thing.
Why?
They are too greedy with their transsction fees.
Paying $6 for just a $400 transaction. What the hell! Before people think they are the best but eyes are opened now and their customers are looking for another option.
They might really look into the blockchain technology.
But it was CCN.Let us say that happens.
Why?
They are losing customers because of the crypto currency thing.
Why?
They are too greedy with their transsction fees.
Paying $6 for just a $400 transaction. What the hell! Before people think they are the best but eyes are opened now and their customers are looking for another option.
They might really look into the blockchain technology.
I think i read somewhere one time that they were working with ripple to develop a safe and secure transfer system with cryptos but that might have burned out.
That's what I've heard of too but we have to wait for their final announcement on what crypto will they use for their service. It's also interesting that they are only adopting and use the technology. 
This might lower their fees and be more instant. This is a good use for crypto.
https://www.ccn.com/western-union-patent-eyes-cryptocurrency-for-secure-transfer-system
https://www.ccn.com/western-union-patent-eyes-cryptocurrency-for-secure-transfer-system
I think i read somewhere one time that they were working with ripple to develop a safe and secure transfer system with cryptos but that might have burned out. I knew that they wouldn't stop though, they realize that cryptos are the future and they want to get ahead of the game before they get left behind and I do not blame them for it.
Please have a look at Crypterium. It allows to spend all crypto currency through qr code, nfc terminal, IBAN transfer etc with your mobile phone. The merchants dont have to chance their pos machine. Its revelation. Ex-Visa CEO has joined the CRPT team recently.
woooooooooooooooow this will be massive .this is really a good news i guess with this prizes will go up when it is implemented.
This might lower their fees and be more instant. This is a good use for crypto.
https://www.ccn.com/western-union-patent-eyes-cryptocurrency-for-secure-transfer-system
This really good news for crypto users and Western Union clients as well. I just hope that the transaction fees is much lower than the regular fees. https://www.ccn.com/western-union-patent-eyes-cryptocurrency-for-secure-transfer-system
A very good news for the crypto community. Fromm now on The Western Union will be involved in trading crypto currency.
Soon more and more companies like western union will be turning to blockhain technologies and this is great because blockchain and crypto are become usual for more people
This is really great news for the market of crypto currency as well as for the investors also. With the continuous development of this market, many companies and institutions are coming to this market. Western Union is the leading money transferring institution and their presence in the market will make the crypto more popular.
It is great to see more and more companies embrace cryptocurrencies. I am cautiously optimistic about the recent stream of good news(Microsoft, Western Union etc embracing the blockchain tech and crypto) which could help reverse the current bear market and set the foundation for the next big bull run. As the popularity of Bitcoin and cryptocurrencies continues to rise, more and more people will invest into this market which is why I am excited about the future.
I know many banks and financial institutions will use the Blockchain tech for better service. But I doubt that it's gonna be an open source system.
I thought they were already testing using Ripple to facilitate money transfers? Maybe they have decided that it wasn't giving them any siginficant cost saving benefits, as the speed of the transfer with Western Union is already pretty quick, unlike the Banking SWIFT system.
They are about to join the blockchain security.
transfer of many using internet needs to be more secure and they find blockchain as one of the best to go with.
we should expect more to come.
transfer of many using internet needs to be more secure and they find blockchain as one of the best to go with.
we should expect more to come.
I think that's a good idea. They don't need to use Bitcoin or any other altcoins, all they is the Blockchain itself. They just have to input that into their system and that's it.
But of course, I am not a programmer nor a business man, just a typical bounty hunter. I don't know if it is an easy thing or not. Hope they (Western Union) really accept blockchain in their system, anyway.
But of course, I am not a programmer nor a business man, just a typical bounty hunter. I don't know if it is an easy thing or not. Hope they (Western Union) really accept blockchain in their system, anyway.
This might lower their fees and be more instant. This is a good use for crypto.
https://www.ccn.com/western-union-patent-eyes-cryptocurrency-for-secure-transfer-system
https://www.ccn.com/western-union-patent-eyes-cryptocurrency-for-secure-transfer-system
Well this is expected because there should be a majority of customers who are requesting to use bitcoins and other crypto coin. This platform will be beneficial for both the customers and the company. Ofcourse western union is recognized around the world and they are just making our transaction and payments more convient to use by all.
Western Union started could see lucrative opportunities in crypto and the technology that exists therein. certainly, they do not want to lose this chance and opportunity for them. even if not mistaken Western Union also has partnered with ripple and naturally it also became a great step that they take in the future.
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