There’s a lot of blockchain hype, but money-transfer start-up Veem is using it today

(Source: Yahoo Finance UK) … software company Checkster to Bulat Kitchen, which makes knives. While blockchain now accounts for the bulk of Veem’s transactions, it only handled 10 percent of the total amount of money sent in the fourth quarter. When it comes to transferring large sums, it’s still more efficient for Veem to use traditional financialrails.