REMIIT

 

About REMIIT

The REMIIT Platform aims to be a revolutionary initiative as a catalyst for the development of a more efficient and innovative structure for overseas remittance and payment and provide these various services in each and every country.

REMIIT intends to innovate the business of "what happens when we send and receive something" from a new perspective. This is where REMIIT's own Ecosystem based on blockchain technology comes into place. At the heart of the overseas remittances/payment, there lies the foreign exchange for remittance process.

REMIIT has designed the REMIIT Smart Contract (RSC) to make the process to scale efficiently. Each participant in the REMIIT Ecosystem are placed at the center of the business relationship. To do this, the REMIIT Smart Contract (RSC) with the REMIIT Payment Gateway Protocol (RPGP) have combined to expand to "payment" through the remittance platform. With this infrastructure of these ecosystems, each participant can create a variety of channels to overcome existing problems. Ultimately, the limitations of the previous foreign exchange ecosystem will be overcome by various channels, the market will expand, and the business will grow.

How REMIIT Works

RSC (REMIIT Smart Contract) – The RSC system gives affordable fees and expanded networks for all the participants who may be using remittance services.
Issuance Of REMI – REMI is a token used within the platform to make the whole of the REMIIT ecosystem robust and active.
RPGP (REMIIT Payment Gateway Protocol) – The providers use this interface for payments through the system.
REMIIT Features
The Algorithms are optimized for remittance
The escrow service is used for various participants of the process
The systems user interface is friendly and easily configurable
It has an RSC communication channel
The RSC store—for data storage
REMIIT Benefits
To begin with, the system runs on the blockchain platform, thus it is transparent and secure for all the participants. The participants in the system are evaluated regarding reputation, helping to flush out possible frauds in the system. Importantly, the optimized algorithms make the process fast and easy. Besides, it is cheap and affordable to use.
The team behind the REMIIT system is a great one with vast experience to propel it forward. The users of the system can manage the credit ratings that are generated from the blockchain transaction, allowing them to manage their credibility and enjoy several other benefits. Users will equally be able to use the REMI wallet as a payment means by itself directly.

PROBLEMS REMIIT SEEKS TO SOLVE

       We have temporarily discussed above that the existing distant places remittance and price methods have a variety of problems. These are real tales attributable to the current monetary structures and lifestyles, which have been considered as troubles that have been again and again and continually raised with the aid of several groups that have already labored on blockchain-based solutions.

      Remittance certainly capacity sending out money. However, this is a lexical meaning in the dictionary. From the point of view of businesses, remittances cowl not only an easy transfer, however additionally repayments and in addition extends to «what occurs when we ship and get hold of something.» REMIIT appears at these problems from this standpoint: there exists a reoccurring remote places fee problem in the huge scale of remote places remittances market, which is derived via «issues related to alternate and use.

   Below are some problems our platform seeks to address;

       > Reliability and security issues

       > Cost-effectiveness(Commission and efficiency) issues

       >  Infrastructure issue

SOLUTIONS TO THE PROBLEMS

      REMIIT intends to innovate the commercial enterprise of «what takes place when we ship and receive something» from a new perspective. This is the place REMIIT's personal Ecosystem-based totally on blockchain technological know-how comes into place. REMIIT has designed the REMIIT Smart Contract to make the system to scale efficiently. Each participant in the REMIIT Ecosystem is positioned at the center of the business relationship.

     With this infrastructure of these ecosystems, each participant can create a variety of channels to overcome present problems. Ultimately, the barriers of the preceding foreign trade ecosystem will be overcome by using more than a few channels, the market will expand, and the business will grow.

         > REMIIT Smart Contract

         > Tier Token System: How to solve the Crypto Paradox

         >  Expansion to REMIIT Payment Gateway Protocol

ICO DETAILS

Private ICO                 In progress

Pre ICO                       September 2018 to October 2018

Public ICO                   October 2018 to November 2018

TOKEN DISTRIBUTION

Milestones

1

2018 Q3

Private-sale
Pre-sale.

2

2018 Q4

Crowd-sale
KYC/AML.

3

2019 Q1

REMIIT Smart Contract (RSC) MVP
REMIIT Wallet MVP.

4

2019 Q2

REMIIT DEX MVP.

5

2019 Q3

REMIIT Linker Protocol (RLP) SDK
REMIIT Linker Applications
Partnership with Main Linkers.

6

2019 Q4

RSC launch
REMIIT Wallet launch
REMIIT DEX for Main Linkers launch.

7

2020 Q2

REMIIT DEX Expansion.

8

2020 Q3

REMIIT Payment Gateway Protocol (RPGP) MVP.

9

2020 Q4

Partnership with Main Payment Providers.

10

2021 Q1

RPGP launch
Service Expansion
Partnership for the future EcoSystem.

For information visit the sites below;
Website: https://remiit.io/
Whitepaper: https://remiit.io/static/remiit/images/Whitepaper_REMIIT_Eng.pdf
Telegram: https://t.me/remiit
Reddit: https://www.reddit.com/r/REMIIT/

author:
rivaldo2020
BTT Profil link:
https://bitcointalk.org/index.php?action=profile;u=2051385
0x320f6344D4BE878C96e77AD580e2EE132C4BF6F8