The Sibcoin team has announced the launch of Perevod.io, a decentralized service for international money remittances.
The service allows two parties to send each other fiat money through Sibcoin-supporting exchanges and requires no specific experience with cryptocurrencies, which fulfills the project’s promise of bringing cryptocurrencies closer to people.
Perevod.io is applicable in numerous use cases, including operation in underbanked countries, bypassing international sanctions imposed on financial services, and avoiding excessive transaction fees inherent in traditional money remittance services.
Read more here: http://bitcoinist.com/sibcoin-launches-a-decentralized-service-for-international-remittances/