How Pakistan Uses Blockchain to Cut $31 Billion in Remittance Costs

From revolutionizing remittances in Pakistan to integrating blockchain into pet care and intellectual property markets, the latest developments highlight the transformative potential of blockchain technology across diverse industries. As countries like Brazil explore blockchain and AI for logistics and Ethereum layer-2 solutions redefine decentralized finance, these stories showcase a global shift towards innovation and efficiency. Dive into the details to uncover how these advancements are shaping the future of finance, technology, and beyond.

Pakistan Explores Blockchain for Remittances

Pakistan is investigating the use of blockchain technology to enhance the efficiency of remittances from overseas workers, according to Bilal bin Saqib, the chief adviser to the finance minister and a member of the Pakistan Crypto Council (PCC). In an interview with CoinDesk, Saqib highlighted that overseas Pakistanis sent over $31 billion in 2023-24 through traditional channels, which are often slow and costly, with fees exceeding 5%. The PCC aims to reduce these costs and delays by leveraging blockchain-based solutions. Additionally, the council is advocating for a clear regulatory framework to foster blockchain and Web3 innovation while ensuring compliance with Financial Action Task Force (FATF) standards. Despite a ban on cryptocurrency trading in Pakistan, the country ranks among the top five Asian nations in Chainalysis' 2024 Global Crypto Adoption Index, reflecting significant demand for digital assets. (Source: CoinDesk, https://www.coindesk.com/tech/2025/03/10/pakistan-to-explore-blockchain-for-multibillion-dollar-remittances-from-abroad)

Unichain and Berachain Lead Blockchain Growth

Uniswap’s Ethereum layer-2 network, Unichain, has emerged as the fastest-growing blockchain in its debut month, according to Cointelegraph. Launched on February 11, Unichain recorded 236,452 active addresses and $217.7 billion in decentralized exchange (DEX) volume, ranking third in the industry. Meanwhile, Berachain, another new entrant, reported a 30-day DEX volume of $3.78 billion and 1.7 million active addresses. The rise of Ethereum layer-2 solutions like Unichain has allowed users to access Uniswap’s services with lower fees and faster transactions, reclaiming its position as the top DEX by total value locked (TVL). However, Solana, a leader in active addresses and transactions, has seen a decline in key metrics, including a 27% drop in DEX volume over the past month. (Source: Cointelegraph, https://cointelegraph.com/news/uniswap-berachain-named-fastest-growing-networks-in-the-last-month-nansen)

HexyDog Integrates Blockchain for Pet Care

HexyDog, a cryptocurrency project, is integrating blockchain technology into the pet care industry to enable seamless payments in pet shops, grooming salons, and veterinary clinics. According to Markets Insider, the initiative aims to provide decentralized payment alternatives while supporting animal welfare initiatives. HexyDog’s ecosystem includes smart contract-based transactions for secure and fast payments, and a portion of its transactions may be allocated to animal rescue and pet shelters. The project also features an Ambassador Program to encourage community involvement and plans to expand its token utility through partnerships and governance participation. (Source: Markets Insider, https://markets.businessinsider.com/news/stocks/hexydog-announces-blockchain-integration-to-support-animal-welfare-1034458861)

Brazilian Postal Service Adopts Blockchain and AI

Brazil’s state-owned postal service, Correios, is seeking blockchain and AI solutions to modernize its logistics and operational processes. As reported by The Block, the initiative aims to address challenges such as growing parcel volumes and the need for faster delivery times. Blockchain technology could enhance supply chain transparency and secure transactions, while AI applications may improve delivery efficiency and automate customer service. Correios’ move aligns with global trends, as major logistics companies like DHL and FedEx have already adopted similar technologies to optimize operations. (Source: The Block, https://blockchaintechnology-news.com/news/brazilian-postal-service-looks-to-ai-and-blockchain-for-business-efficiency/)

Orderly Integrates with Story for IP Blockchain Liquidity

Orderly, a permissionless liquidity layer, has integrated its trading infrastructure with Story, a Layer 1 blockchain designed to tokenize intellectual property (IP) into programmable digital assets. According to GlobeNewswire, this integration allows developers on Story to access Orderly’s liquidity framework, enabling seamless trading of tokenized IP assets such as music rights and patents. Story’s blockchain aims to transform IP into a dynamic, market-driven resource, while Orderly’s omnichain liquidity infrastructure supports diverse use cases across multiple blockchains. This partnership is expected to enhance the scalability and usability of tokenized IP markets. (Source: GlobeNewswire, https://www.globenewswire.com/news-release/2025/03/10/3040087/0/en/Orderly-Integrates-Story-to-Enhance-Liquidity-on-World-s-First-IP-Blockchain.html)

Pakistan's exploration of blockchain technology for remittances represents a significant step toward modernizing its financial infrastructure. With over $31 billion in remittances annually, the inefficiencies and high costs of traditional channels have long been a burden for overseas workers and their families. Blockchain's potential to reduce transaction fees and processing times could provide a much-needed solution, especially in a country where digital asset adoption is already high despite regulatory restrictions. However, the success of such an initiative hinges on the establishment of a clear regulatory framework. Without this, the integration of blockchain into remittance systems may face hurdles, including compliance with international standards like those of the FATF. Pakistan's move could set a precedent for other developing nations grappling with similar challenges, but the balance between innovation and regulation will be critical.

The rapid growth of Unichain and Berachain underscores the increasing demand for Ethereum layer-2 solutions, which address scalability and cost issues inherent in the Ethereum network. Unichain's impressive debut, with over $217 billion in DEX volume, highlights the market's appetite for efficient decentralized trading platforms. This growth not only strengthens Uniswap's position in the DeFi ecosystem but also signals a shift in user preferences toward platforms offering lower fees and faster transactions. Meanwhile, Berachain's performance further validates the potential of new blockchain entrants to capture market share. However, the decline in Solana's metrics serves as a reminder that competition in the blockchain space is fierce, and maintaining user engagement requires continuous innovation. The rise of these networks could accelerate the adoption of decentralized finance, but their long-term success will depend on their ability to sustain growth and address emerging challenges.

HexyDog's integration of blockchain into the pet care industry is a creative application of decentralized technology, demonstrating the versatility of blockchain beyond traditional finance. By enabling seamless payments in pet-related services and supporting animal welfare initiatives, HexyDog is tapping into a niche market with significant emotional and economic value. The use of smart contracts for secure transactions adds a layer of trust and efficiency, while the allocation of funds to animal rescue efforts aligns with growing consumer interest in socially responsible projects. However, the project's success will depend on its ability to build a robust ecosystem and foster widespread adoption among pet care providers and consumers. Expanding token utility through partnerships and governance could enhance its appeal, but the challenge lies in convincing stakeholders of the tangible benefits of blockchain in this sector.

The Brazilian postal service's adoption of blockchain and AI technologies reflects a broader trend of digital transformation in logistics. By leveraging blockchain for supply chain transparency and AI for operational efficiency, Correios aims to address the growing demands of e-commerce and modernize its services. This move aligns with global practices, as industry leaders like DHL and FedEx have already demonstrated the value of these technologies in optimizing logistics. For Correios, the integration of blockchain could reduce fraud and improve accountability, while AI could streamline delivery processes and enhance customer satisfaction. However, the implementation of such advanced technologies requires significant investment and expertise, and the success of this initiative will depend on the organization's ability to overcome these challenges. If executed effectively, Correios could set a benchmark for other state-owned enterprises in emerging markets.

The partnership between Orderly and Story to enhance liquidity for tokenized intellectual property (IP) assets is a groundbreaking development in the blockchain space. By integrating Orderly's liquidity infrastructure with Story's IP-focused blockchain, the collaboration aims to unlock the potential of IP as a tradable asset class. This initiative could revolutionize industries like music, patents, and creative rights by providing a transparent and efficient marketplace for IP transactions. The ability to tokenize and trade IP assets introduces new revenue streams for creators and rights holders, while Orderly's omnichain liquidity framework ensures scalability across multiple blockchains. However, the success of this venture will depend on the adoption of tokenized IP markets and the resolution of legal and regulatory complexities surrounding IP rights. If these challenges are addressed, this partnership could pave the way for a new era of innovation in the digital economy.

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