"Beam" - we need more companies like this one!

[pawel7777]

A simple idea for a startup. They send money from UK to Ghana using BTC.

It would probably be cheaper if sender/recipients were familiar with bitcoin and could transfer without middleman. But I love the concept.

Wonder what the Western Union, MoneyGram and others will do when companies like Beam turn to be successful, don't think they will agree to die quietly.

More details:

http://www.coindesk.com/beam-launches-cheap-rebittance-solution-ghana/

https://beamremit.com/#!/

[EnFinlay]

Wow.  That's an excellent use of bitcoin, those currency exchange places can be really scammy.  I remember I was in the Dominican Republic and everyone was trying to get me to go their recommended currency exchange places - they had deals with them where they got a cut for every tourist they brought in.