Western Union Tests Transactions With Ripple

The largest money transfer service Western Union is testing blockchain-based payments with Ripple  
14 February 2018   106

During an interview with Bloomberg, Western Union CFO Raj Agrawal confirmed that the company tested the blockchain transactions. According to him, the transactions are still being tested. This cooperation did not appear to produce any significant changes in Western Union’s operations. This testing is not a key part of the business.

The company unveiled this information after more than a month of speculation. An insider claimed that Western Union was working with Ripple. In January, Ripple stated that “3 of the top 5 global money transfer companies plan to use XRP in payment flows in 2018”. This statement also raised the speculation that Western Union is already testing XRP integration.

Earlier this week, Ripple confirmed a partnership with UAE Exchange, one of the largest money transfer services in the Middle East.

Genesis Conference to be Held in London

Genesis Conference will cover research and development, regulation, economics and applications issues, taking place in London on February 22
22 February 2018   68

Genesis London Conference will take place on February 22, tackling the most pertinent issues in blockchain space: research and development, regulation, economics and applications.

Genesis London is a platform for researchers, developers and generally anyone interested in blockchain, and its priority is to share knowledge, facilitate productive discourse and filter out the hype.

Location: The CityPoint building, 1 Ropemaker St, London, EC2, UK
Date and time: 9:30AM - 8PM, February 22, 2018

The agenda of the conference includes Privacy and Confidentiality Techniques for Blockchains; Permissioned Business Blockchain Applications and Use-cases; Scalable, Transparent and Post-quantum Secure Computational Integrity, with Applications to Cryptocurrencies; A Rational Protocol Design Treatment of Bitcoin, and more.

The headline speakers include Patrick de Laive, co-founder of TNW; Margarita Khartanovich, head of insight at Binary District; Jack Gavigan, chief operating officer at ZCash; Jeremy Kahn, technology writer for Bloomberg, and many more.