I thought it could not get any more competitive in the payment sector but now you have IBM in the mix. According to this article they have created a system to send money internationally that is much more efficient than current systems. It makes sense to use crypto for banks and businesses on a global scale as it is easier and cheaper to send. All you need is a quick way to convert it into and out of the cryptocurrency and you have a much better system that places are using today.
I am curious to see who will use this. There is already ripple and banking coins trying to get their place in the new world of finance. And I think companies like Paypal and SWIFT better up their game soon or they will be in trouble.
Either way I hope to see fees going down for customers.
Here is the link for more info:
https://www.forbes.com/sites/rachelwolfson/2019/03/18/ibm-launches-a-blockchain-based-global-payments-network-using-stellars-cryptocurrency/
