This block chain-based transfer platform connects MTOs around the world. Based on the information published on their official website, the REMIIT reputation rating system , which is the main feature of the platform, allows operators to focus on remittances with MTOs or other partners. , thus allowing secure transfers. The public ICO will take place from October to November 2018.
The REMIIT project vision also enables MTOs around the world to expand their operations in countries and become a credible money transfer company to the market.
Target
The main goal of Remiit is to break the entire global remittances market using blockchain technology, thanks to the REMIIT Intelligent Contract (RSC). This platform can be configured in addition to being optimized for money transfer services. This platform allows the sender to benefit from a transparent process when using the REMIIT system.
For expansion services up to billing, this platform includes the REMIIT Payment Gateway Protocol, an innovative system added to the REMIIT Smart Contract system. Payment service providers will then be able to diversify their business and be able to overcome the problems they will never have overcome before.
What does REMIIT Blockchain Money Transfer provide?
The Remiit system will be a catalyst for globalization by decentralizing remittances and payments. The REMIIT system will create more open and transparent money transfer systems and payment systems. It will also enable money transfer operators (MTOs) and financial institutions to create a cross-border fund transfer community with good credibility and reputation.
Remiit is built on the blockchain platform, and it will be able to connect every MTO in the world. They have a reputation evaluation system, which is an important part of the project. This assessment allows operators to transfer their money to other MTOs around the world safely and securely.
How does REMIIT work?
RSC (REMIIT Smart Contract) - The RSC system offers affordable rates and wide area networks for all participants to use money transfer services.
Release REMI - REMI is a token used in the platform to make the entire REMIIT ecosystem strong and dynamic.
RPGP (REMIIT Payment Gateway Protocol) - Providers use this interface to make payments through the system.
Characteristics of REMIIT
Algorithms are optimized for money transfer
Escrow service is used for many participants in the process
User friendly and easy to configure interface
It has a communication channel RSC
RSC Store - to store data
Benefits of REMIIT
For starters, the system runs on a blockchain platform. It is therefore transparent and secure for all participants. System participants are known for their reputation, which helps eliminate potential fraud in the system. More importantly, optimization algorithms make the process fast and easy. In addition, it is cheap and affordable to use.
The team behind the REMIIT system is an excellent system with a lot of experience to move it forward. System users can manage the credit ratings generated by blockchain transactions, allowing them to manage their credibility and benefit from a number of other benefits. Users will be able to use the REMI wallet as a direct payment method.
Details of the REMIIT token
ICO Settings
Token Notice: REMI
Pre-sale date: September 2018 - October 20, 18
Main dates ICO: October 2018 - November 2018
Official links for more details,
Website: https://remiit.io/
Whitepaper: https://remiit.io/static/remiit/images/Whitepaper_REMIIT_Eng.pdf
Facebook: https://www.facebook.com/remiit.io/
Twitter: https://twitter.com/remiit_ico
Telegram: https://t.me/remiit
ANN thread: https://bitcointalk.org/index.php?topic=4929374
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