REMIIT - the method of transferring money and prices for a long distance

ABOUT THE COMPANY REMIIT

When we face globalization, various barriers between countries have diminished, and global interactions between people and goods have become more comfortable. Especially due to internet improvements, the range of foreign money transfers and commission costs is growing rapidly. Although such a huge market has encouraged monopolistic monetary institutions, barriers between customers are still excessive, and transparency remains an ongoing problem. First, "foreign transfer" transactions are slow and inefficient because systems such as the SWIFT network, while money transfer operators, such as banks and non-bank financial organizations, have restrictions on scalability and extensibility.


REMIIT PROBLEMS TO SOLVE

We have discussed it temporarily above that long distances in payment places and price methods have various problems. This is a true story related to the current monetary structure and lifestyle, which has been regarded as a problem that has been repeatedly and continuously improved with the help of several groups that have worked on blockchain-based solutions.
Remittance, of course, money transfer capacity. However, this is a lexical meaning in the dictionary. From a business point of view, remittances are not just easy transfers, but additional payments and also extend to "what happens when we send and hold something." REMIIT appears on this issue from this point of view: there has been a reemergence of the problem of the large-scale costs of remote places where remote market remittances are derived through problems related to alternatives and usage. The following are some of the issues our platform wants to handle;

. Reliability and security issues

. Cost effectiveness (Commission and efficiency) problems

. Infrastructure problems

PROBLEM SOLUTIONS

REMIIT intends to innovate commercial companies «what happens when we send and receive something» from a new perspective. This is a private place based on the REMIIT ecosystem that truly relies on the knowledge of blockchain technology. REMIIT has designed REMIIT Smart Contract to make the system efficient. Every participant in the REMIIT Ecosystem is positioned at the center of a business relationship.
With the infrastructure of this ecosystem, each participant can make various channels to overcome existing problems. In the end, barriers from the previous foreign trade ecosystem will be overcome by using more than several channels, the market will develop, and businesses will grow.

. REMIIT Smart Contract

. Tier Token System:

. Expand to REMIIT Payment Gateway Protocol

How does REMIIT work?

RSC (REMIIT Smart Contract) - The RSC system offers affordable rates and a wide area network for all participants to use money transfer services.
Release REMI - REMI is a token used in a platform to make the entire REMIIT ecosystem become strong and dynamic.
RPGP (REMIIT Payment Gateway Protocol) - Providers use this interface to make payments through the system.


REMIIT characteristics

. The algorithm is optimized for money transfers

. Escrow services are used for many participants in the process

. User friendly and easy to configure interface

. It has an RSC communication channel

. RSC Store - to save data

Benefits of REMIIT

For starters, the system runs on the blockchain platform. Therefore it is transparent and safe for all participants. The system participant is known for his reputation, which helps eliminate the potential for fraud in the system. More importantly, optimization algorithms make the process fast and easy. In addition, the price is cheap and affordable to use.

The team behind the REMIIT system is a very good system with lots of experience to advance it. 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.

ICO DETAIL ICO

Personal In the process
ICO Pre-September 2018 to October 2018
Public ICO October 2018 to November 2018

CURRENT DISTRIBUTION



For more information, visit the sites below:

Author: alberto hiro
ETH address: 0xc828d8F4FFc021DaCb9e9ea21269C66a03Ef15cE


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