The Second Coming, Cross-Border Payments Update Cross-border payments have become one the most proven applications of blockchain. The increasing real use of the Bitcoin network, which has corresponded to a steady increase in bitcoin price, stems, in part, from institutions, businesses, and individual consumers using Bitcoin as a global payment rail that transcends the expenses and challenges posed by legacy systems.
https://medium.com/@PanteraCapital/the-second-coming-cross-border-payments-update-blockchain-letter-may-2016-34b2fa9166d#.axgrfhvci