October 10, 2018
Veem, a San Francisco-based money transfer service promises to simplify international wire transfers.
Designed as a platform to allow businesses to transfer money, Veem is the first platform to use blockchain technology to process transactions.
Technology aside, what makes Veem attractive is the speed and low fees compared to traditional bank wire transfers. According to Veem, a typical international transfer is processed in 1-3 days.