30 Apr '15, 12pm

MonetaGo Puts Faith In Bitcoin For Global B2B Payments

One of the strongest selling points of cryptocurrencies is the ability to streamline cross-border payments and bypass difficult exchange rates. The B2B supply chain, however, is apprehensive about adopting currencies like bitcoin, in part due to its high volatility and a lack of a cohesive ecosystem to support the payment. But the bitcoin market has not given up on gaining traction within the B2B community. Since its founding just one year ago, global bitcoin exchange MonetaGo launched on Tuesday (April 28) its closed beta operations that supports trade in more than a dozen currencies across the globe. The exchange, the company said, is particularly applicable to cross-border B2B payments. What makes the exchange so attractive is its seamlessness, MonetaGo CEO Jesse Chenard said in a statement, describing the service as “the beginning of a future in financial technologies ...

Full article: http://cbnco.biz/monetago-puts-faith-in-bitcoin-for-globa...

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