Yes. I think that it is a good news.Good security is always neccessary for good transaction and if western union increase crypto's security than it is definetly good news for all users of crypto.
Topic: Western Union getting into crypto - page 2. (Read 440 times)
This is something positive to the crypto market, western union is quite a big company for overseas money transfer. Hope that because of this new player some of their clients get to know crypto and be a crypto user.
This is undoubtedly a breakthrough in the history of the development of blockchain technology! Such news contributes to the growth of confidence in crypto-currencies and, accordingly, to new investments! I'm very happy, Western Union is a solid company that will add several billion dollars to the capitalization of the crypto currency market!
Personally I think, all well-known and widely-used banking systems, exchanges and other institutions which work with money, need to be changed in order not to be old-fashioned.
Cryptocurrency transforms a lot. So Western Unions needs to be developed too.
Cryptocurrency transforms a lot. So Western Unions needs to be developed too.
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
For Western Union to recently incorporate cryptocurrency protocol into their payment service is a welcome development for the company in particular and the cryptocurrency community in general. Thanks for this amazing information.
A very good news for the crypto community. Fromm now on The Western Union will be involved in trading crypto currency.
Well, its good to have a large corporation trying to adapt to changing times
Why not?
They're on a business of money matters, money transfer worldwide so there's a huge possibility that they may adopt the trending technology which is the Blockchain Technology. If this news is legitimate well, it's exciting and hopefully they will have bounty programs for us to participate to help spread the project to the world.
They're on a business of money matters, money transfer worldwide so there's a huge possibility that they may adopt the trending technology which is the Blockchain Technology. If this news is legitimate well, it's exciting and hopefully they will have bounty programs for us to participate to help spread the project to the world.
Western union is an excellent business that suits crypto and blockchain tech and their conversion will immensely mean an upgrade towards the next advanced tech, im sure more businesses will follow, these news also indicate the mass adoption towards crypto that is coming slowly but surely.
That would be a wonderful game changer for crypto; it would build more trust to take crypto mainstream; I hope they pull it off
I also agree with you because this will be a very interesting development for crypto and shows that it is growing and will become globally accepted soon. but I think the western union are more interested in the blockchain.Let see on what will happen and what they have to do with it, for sure it will more interesting not just for blockchain only it also in crypto.
if they do it, then this is very interesting and maybe other financial companies can do the same thing done by western union. so the competition will be more exciting and the market will be more challenging to find a winner.
Good news. Now many companies are very interested in blockchain technology and the Western Union is no exception. Let's see what happens.
Western union realized they are on verge of extinction and this is the only way for them to survive. If they still tried to rob people for their service, people would have a lot of other services to choose from. By the time western union adapts it, there would already be a number of large crypto companies in the field.
That would be a wonderful game changer for crypto; it would build more trust to take crypto mainstream; I hope they pull it off
I also agree with you because this will be a very interesting development for crypto and shows that it is growing and will become globally accepted soon. but I think the western union are more interested in the blockchain.
If this is true then a good financial services and communications company will join the cryptocurrency and it will surely put more investors to the market. I just wish that what they are doing would not be centralized but we can rest assured that if they get into the crypto industry their platform will be must more regulated and with good financial offerings.
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
From what I understand they could use a blockchain, a Bitcoin like network to transfer some information securely.
They will not convert the fiat into Bitcoin and back or such, they very likely will not interact with Bitcoin at all.
However, Blockchain leads the innovation nowadays, whether the patent will be actually used or not.
Not surprised at all. They are a financial service so it is only normal that they are getting into anything that has to do with the transaction of money. If a company like western union that is used all across the world, confirms their involvement in cryptos that would mean that a lot more people around the world will start to trust crypto more. This is good news.
NOW this is the kinda of news we ALL want to hear.
they saw how they are losing the market to a real currency (bitcoin) which people have been eyeing for sometime now and they are now afraid that they can lose considerable amount of revenue to bitcoin as more people start using it. so they want to use the crypto hype to their own advantage and save their business.
Great news! If this is really true then we will be expecting a bullish crypto market anytime soon. There are lots of transactions that are made everyday with Western Union and we all know how big this company is. Hoping that we will see some great effect on the news. Let's all spread the word out about this adoption of Western Union to blockchain.
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