Western Union CEO Calls Shift to Digital Assets ‘The Next Evolution’
The chief executive highlights digital assets as a pivotal step in the company’s future strategy for global money transfers.
Summary
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Terms & Concepts
- Digital Assets: Electronic representations of value or rights that can be transferred or stored using blockchain or other digital technologies.
- Blockchain: A distributed ledger technology that securely records transactions across multiple computers, enabling transparency and reducing reliance on central intermediaries.