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RE: Bitspark: The World’s First Cash-in Cash-out Remittance Platform Leveraging Blockchain Technology

in #bitcoin7 years ago

The idea is to eliminate the need for MTOs to have bank accounts. Because banks keep closing MTO bank accounts due to de-risking there has to be a better way for MTOs to trade fiat for digital currency. Therefore MTOs and senders can trade bitUSD etc. for fiat and earn a profit in the process. With a slow roll-out for BTS liquidity and fiat-pegged cryptos on BitShares blockchain this is very feasible.