FTX FUND the reliable international payment gateway
Blockchain technology promises to facilitate fast, secure, low-cost international payment processing services (and other transactions) through the use of encrypted distributed ledgers that provide trusted real-time verification of transactions without the need for intermediaries such as correspondent banks and clearing houses. Blockchain technology was initially used to support the digital currency Bitcoin, but is now being explored for a wide variety of applications that don’t involve Bitcoin. Though few blockchain-based payment services are yet available, that’s expected to change in 2017 as the investment that has poured into exploration of blockchain’s potential by banks, financial-technology startups and other company’s yields fruit. According to a survey of 200 global banks published by the IBM Institute for Business Value and The Economist Intelligence Unit, 15 percent of banks expect to introduce full-scale commercial blockchain solutions in 2017, with “mass adopters” rap...