Cross-border Payment systems: SWIFT, RippleNet or BWW?

If you have ever tried to send money offshore to family or friends through a bank or other international payment services like Western Union, you know it’s expensive, cumbersome & extremely inconvenient. At least that was the case till about a few years ago when FinTech & Blockchain explosion took place. I have been using a service called Transferwise which is a UK-based startup working since 2011 whose features include low transfer fees, competitive fiat exchange rates & direct transfer to bank accounts in more than 48 countries and most important of all it’s all done online. Another popular PayPal…...