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TransferWise Co-Founder: If Every Bank in the World Was Connected to the Ripple Network, It Would Be Amazing | CryptoGlobe
On Monday (19 November 2018), Taavet Hinrikus, the co-founder and chairman of UK-based cross-border money transfer company TransferWise, explained why his company is not yet using blockchain technology. Hinrikus, who, until a year ago, was the former CEO of TransferWise, presented his thoughts on the potential application of blockchain technology for cross-border payments while giving an interview on the latest episode of Fortune's online show "Balancing the Ledger". TransferWise was founded in the UK in 2011 by two Estonians friends who were working in London but needed to send money between UK and Estonia. And since they found the existing solutions to the cross-border payment problem too slow and/or expensive, they decided to quit their jobs and set up their own business:

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