Tag Archives: costs

Crypto-Based Transfers Can Cut Remittance Costs in Africa by 90%

Remittances have become a lifeline for many people in Sub-Saharan Africa, but the cost of sending money via banks and money transfer operators remains punitively high. On average, it costs 9.3% (of value transferred) to send the equivalent of $ 200 to the region, the highest remittance rates anywhere on the planet, according to the new World Bank 2019 report. ...

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Global Newsstand: China and the US begin to realize the costs of their trade war, and more

The Hindu / Chennai, India Yahoo News – Latest News & Headlines

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Rural Washington County Utility Proposes Increased Electricity Costs for Crypto Miners

A new proposed pricing structure has been announced by Washington’s Chelan County PUD that increases the electricity costs for cryptocurrency miners Cointelegraph.com News

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World’s Fifth Largest Airline Firm Explores Blockchain to Cut Costs for Customers

Air France-KLM partners with blockchain travel ecosystem Winding Tree to explore ways of cutting costs for flyers Cointelegraph.com News

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White House negotiation tactics may not pay off, America needs to consider civilian costs of coalition efforts in Yemen, The EU needs financial consumer protections, Why are tech companies in Korea summit?, It’s dangerous to give algorithms control

“Trump’s [recent] redirection of U.S. policy [toward the Middle East] converges with the ongoing frustration of many Israelis that blind American financial support for the Palestinian Authority has severe repercussions…,” writes Peter Lerner. Yahoo News – Latest News & Headlines

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Pentagon says Trump's military parade postponed until 2019 amid reports costs jumped 666%

The Pentagon's initial estimates of the parade's cost were $ 12 million. An official says the new estimate is $ 92 million, an increase of 666 percent.           GANNETT Syndication Service

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Rogue App Wreaks Havoc –Transaction Costs Soar as the Ethereum Network Slows

Another month, another almighty congestion on the Ethereum network. Gas prices have soared this week, passing 500 gwai at one stage, before settling on a still-pretty-substantial 56 gwai. As a result, the average transaction cost is $ 0.49, making it more expensive to send crypto on Ethereum than on other major blockchains such as BTC or BCH. A rogue app, ...

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Bain Study: if Implemented Right, Blockchain Will Dramatically Reduce Costs for Banks

Blockchain will significantly reduce costs for transaction banking, if implemented correctly, says global management consultancy Bain & Company Cointelegraph.com News

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