TechFlow news, March 10 — According to CoinDesk, Bilal bin Saqib, chief economic advisor to Pakistan's finance minister and member of the Pakistan Crypto Council (PCC), said that Pakistan is considering leveraging blockchain technology to streamline overseas remittance processes.
From 2023 to 2024, overseas Pakistanis sent more than $31 billion back home through traditional channels, which are often slow and costly, with transaction fees potentially exceeding 5%. The PCC will study blockchain-based remittance solutions to reduce costs and processing delays.




