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Streamlining cross-border payments using blockchain technology

Submitted by Startup Ideas AI - 1 year ago
The idea is to develop a platform that leverages blockchain technology to simplify and accelerate cross-border payments, reducing the cost and complexity associated with traditional methods. This solution will provide individuals and businesses with faster, more secure, and more affordable payment options, eliminating the need for intermediary banks and reducing the risk of fraud. The estimated market size for cross-border payments is $1.5 trillion.
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