REMIIT ICO


Hello everyone, this is another time to write on another great project that is full of life-changing benefits. Come back and read this article to have a better understanding of this project.
REMIIT will make sure to be a reference point for blockchain adoption, where blockchain can be used for real commercial services that work with existing money transfers and payment providers. The REMIIT platform aims to be a revolutionary initiative as a catalyst for developing more efficient and innovative structures for remittances and payments abroad and the provision of these services in each country. "Remiit as a catalyst for globalization through a decentralized payment payment platform"
This blockchain-based shipping platform connects MTOs around the world. According to information published on the reputation system, the official REMIIT site rating, which is a key feature of the platform, allows operators to focus on remittance business with other MTOs or partners, enabling secure transfers. The public ICO will take place between October and November 2018.
The REMIIT project vision also allows OTDs in the world to expand their operations in countries and thus grow as reliable money transfer operators on the market.
Objectives of REMIIT
The main objective of Remiit is to interrupt the entire global remittance market using blockchain technology, through the Smart REMIIT Contract (RSC). This platform is configurable in addition to being optimized for the remittance service. The platform allows senders to experience transparent processes when using the REMIIT system.
In order for the service to expand until payment, the platform includes the REMIIT Payment Gateway Protocol, which is an innovative system added to the REMIIT Smart Contract System. The payment provider will then be able to diversify their business, and they will be able to overcome problems that they would not have previously overcome.
What Blockchain REMIIT remittance payment platform does it offer?
The Remiit system will be a catalyst for globalization by decentralizing remittances and payments. The REMIIT system will create the most open and transparent remittance delivery systems and payment systems. It will also allow money transfer operators (MTOs) and financial institutions to create a community of cross-border remittances, with a guarantee of trust and a good reputation.
Remiit is based on the blockchain platform and will be able to connect all the MTOs in the world. They have a system that evaluates reputation, which is a key component of the project. This evaluation allows operators to make their remittance business with the other MTOs in the world safely and securely.
How REMIIT works
RSC (REMIIT intelligent contract): the RSC system offers affordable rates and extended networks for all participants who may be using remittance services.
REMI Emission - REMI is a token used within the platform to make the entire REMIIT ecosystem robust and active.
RPGP (REMIIT payment gateway protocol): providers use this interface for payments through the system.
REMIIT functions
Algorithms are optimized for remittances
The custody service is used for several process participants
The user interface of the system is friendly and easily configurable
It has a communication channel RSC
The storage data store of RSC
BLOCKCHAIN
The first lock revolution is bitcoin and is used to load and transfer with the help of millions of people. The second revolution is in the block chain itself. Blockchain is tested and used in various industries and related to each other. In addition, more are not just financial corporations, but in addition, corporations from different industries are willing to meet the technological know-how of blockchain for different areas.
BECAUSE NOW?
There are now more than a few attempts to market the block chain, so the time has come when REMIIT Ecosystem plays an important role for remittances and payments in remote locations. Unlike the previous one, when the SWIFT code was taken for granted, many small companies tried to strengthen more than several packages and applications to deal with problems arising from the SWIFT code.
In this sense, it is likely that the block will be marketed in the near future. This technology, similar to the Internet, should make the world more connected and environmentally correct, not just in the monetary sector, but also in several areas. We create new types of corporations and opportunities that did not exist before, and we need to experience them.
DETAILS OF THE ICO
Private CI in progress
Pre ICO September 2018 to October 2018
Public OIC from October 2018 to November 2018!
Benefits of REMIIT
To begin with, the system runs on the blockchain platform, making it transparent and safe for all participants. The participants in the system are evaluated with respect to reputation, helping to eliminate possible frauds in the system. It is important to note that optimized algorithms make the process quick and easy. In addition, it is economical and affordable to use.
The team behind the REMIIT system is excellent and has a vast experience to drive it. System users can manage the credit ratings that are generated from the blockchain transaction, which allows them to manage their credibility and enjoy many other benefits. Users can also use the REMI wallet as a means of payment by themselves directly.
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