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How BitPesa Plans to Reduce Friction in the Remittances Market

Monday 16th, June 2014 / 11:39
How BitPesa Plans to Reduce Friction in the Remittances Market

Kenya: Masai man with mobile

The global remittances industry is now worth over $500bn a year and, for bitcoin advocates, it represents unimpeachable proof of the need for decentralized digital currency.

With high fees on international money transfers and few players in the market, the space is, to use the cliché, ripe for disruption.

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