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Citibank is currently one of the biggest banks in the world, Competing with the likes of Barclays and HSBC on a international level Citi, armed with the best financial analysts has remained a market leader. In Citibank’s latest research, it was revealed how Bitcoin could actually coexist with banks rather than act as a competitor.


Bitcoin has always been hailed as one of the mist disruptive financial technologies to exist. Many consider its potential to rival the Dollar, but the reports released by Citibank highlights the potential of blockchain technology to be integrated into current infrastructure. Particular credit was given to Bitcoin, Ripple and Ethereum blockchain which were linked to “unbanked” countries where their impact could be colossal.Image result for nigeria

The Citibank has also expanded in various African countries such as Nigeria, highlighting the ever expanding banking network being constructed. As seen below the report discussed the advantages of the decentralized model of cryptocurrencies which could prove to be more than complementary.

“The power behind an open network like Bitcoin is the possibility of incorporating it with other technologies to bring about true innovation, such as applications that support the Internet of Things (e.g. machine-to-machine payments).”


The benefits of Bitcoin were stated throughout the report and the info graphic above provided a scale into the massive savings the remittance industry could make. Of course, the fees associated with converting your Bitcoin back to fiat were mentioned, but with the advent of exchanges such as NairaEX, fees are set to a minimum ensuring your money retains its fullest value, and premium rates are offered for your Bitcoin.

To conclude the report was very promising and praising of block chain and crypto technology. Flaws were pointed out in the research, but ultimately with Bitcoins growing popularity even Citibank realized the potential the technology has to revolutionize markets rather than disrupt.

Source: https://btc.ng/bitcoin-guide/bitcoin-can-work-with-banks-for-remittance-citibank/

NairaExsupport:
Citibank is currently one of the biggest banks in the world, Competing with the likes of Barclays and HSBC on a international level Citi, armed with the best financial analysts has remained a market leader. In Citibank’s latest research, it was revealed how Bitcoin could actually coexist with banks rather than act as a competitor.


Bitcoin has always been hailed as one of the mist disruptive financial technologies to exist. Many consider its potential to rival the Dollar, but the reports released by Citibank highlights the potential of blockchain technology to be integrated into current infrastructure. Particular credit was given to Bitcoin, Ripple and Ethereum blockchain which were linked to “unbanked” countries where their impact could be colossal.Image result for nigeria

The Citibank has also expanded in various African countries such as Nigeria, highlighting the ever expanding banking network being constructed. As seen below the report discussed the advantages of the decentralized model of cryptocurrencies which could prove to be more than complementary.

“The power behind an open network like Bitcoin is the possibility of incorporating it with other technologies to bring about true innovation, such as applications that support the Internet of Things (e.g. machine-to-machine payments).”


The benefits of Bitcoin were stated throughout the report and the info graphic above provided a scale into the massive savings the remittance industry could make. Of course, the fees associated with converting your Bitcoin back to fiat were mentioned, but with the advent of exchanges such as NairaEX, fees are set to a minimum ensuring your money retains its fullest value, and premium rates are offered for your Bitcoin.

To conclude the report was very promising and praising of block chain and crypto technology. Flaws were pointed out in the research, but ultimately with Bitcoins growing popularity even Citibank realized the potential the technology has to revolutionize markets rather than disrupt.

Source: https://btc.ng/bitcoin-guide/bitcoin-can-work-with-banks-for-remittance-citibank/

please i need your assiatance urgently, i just deposited some cash in ur acct for my pm funding buh for the past 4hours plus now my pm acct is yet to be funded so please help me check.
ynX6sycF6H9nz7Niq
AKinsolaibraheem@gmail.com

alkines:
please i need your assiatance urgently, i just deposited some cash in ur acct for my pm funding buh for the past 4hours plus now my pm acct is yet to be funded so please help me check.
ynX6sycF6H9nz7Niq
AKinsolaibraheem@gmail.com

Next time please use other channels available on our website to contact the support team https://nairaex.com/contact

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For reference: Your account was funded within mins when you contacted us on twitter.

NairaExsupport:
Next time please use other channels available on our website to contact the support team https://nairaex.com/contact

Notification is not enabled for this profile on NL.

For reference: Your account was funded within mins when you contacted us on twitter.

nice doing buiz with you..sharp transaction and friendly user support