A new Citi report challenges the widely held view that Bitcoin delivers simpler and cheaper international remittances.  This new blog post reviews some of the findings of the Citi team and highlights where blockchain does have the potential to disrupt the cross border payments market.

While the Citi analysis highlights some key Bitcoin remittance limitations, notably with regard to the relative cost of transactions,  it should not be assumed that these apply to all blockchain or distributed ledger based solutions – or markets.  Read more