Western Union has formally responded to statements suggesting it is taking concrete steps toward using distributed ledger technologies via a partnership with Ripple Labs.
Long cited as a technology that could enable more cost-effective cross-border payments, Western Union has, as commentators have noted, what is perhaps one of the more evident vested interests in exploring digital currency offerings.
Still, representatives for the Colorado-based company remain tight-lipped about what the proposed project with Ripple Labs would entail.
via CoinDesk http://ift.tt/1I1o1ys
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