Blockchain technology has made significant advancements across various sectors, but it can be challenging to distinguish between real-world applications and lofty promises. Two standout cryptocurrency use cases have begun to showcase their transformative power: business transactions and consumer remittances.

Both areas currently suffer from inefficiencies in the current system, such as high fees and slow transfer times. With blockchain, borderless transactions can be executed within seconds for as little as a fraction of a cent.

This is the power of cryptocurrency transactions. For business payments, this unlocks the ability to stream payments globally, increasing efficiency and reducing costs instantly. For consumer remittances, an estimated 1.4B people worldwide are currently …