MoneyGram's CEO says blockchain works best when customers don't know it's there

CoinDesk·

MoneyGram's CEO says blockchain works best when customers don't know it's there

60-second summary

MoneyGram's CEO Anthony Soohoo emphasizes that blockchain is most effective when customers are unaware it's being used, highlighting the company's shift from experimental to strategic implementation. Their blockchain strategy now focuses on modernizing global payments infrastructure, with no specific timeline or details on its scale, indicating a long-term commitment to the technology, potentially driving future industry adoption.

In an interview with CoinDesk, MoneyGram CEO Anthony Soohoo said that their blockchain strategy has evolved from early experimentation into a broader effort to modernize the company's global payments infrastructure.