REMIIT - Decentralized Remittance & Payment Platform.

in #cryptocurrency6 years ago

Mission of the project - Resolve Trust Issues between Businesses, Enhance User Experience for End Users.

Based on experience as BluepanNet (MTO), we have discovered many issues in overseas remittances.
Remit want to resolve it:

  • Blockchain Integration to the current commercial systems.
  • Stabilizing the Token with a sophisticated Token Economy.
  • Develop an Infrastructure for Linkers (e.g MTO, Financial Institution).

🎥 Video presentation:

THE REMIIT PLATFORM & TECHNOLOGY

Blockchain Adoption
The money transfer and payment sector is not as friendly or open to the current adoption of decentralization and P2P interactions. However this area of services are the most crucial aspects that should be adopted by the blockchain. Through the blockchain and smart contract technologies, REMIIT will ensure to be the benchmark of blockchain adoption where the blockchain can be used for actual business services working with pre-existing Money Transfer and Payment Providers.

REMIIT Smart Contract
Configurable Smart Contract for small scale Linkers (ex.MTOs, Financial Institutions) to expand easily making partnerships with Linkers overseas through the Trust-Based Smart Contract.

REMIIT Payment Gateway
A Protocol interface for payment providers that can capitalize on the REMIIT’s blockchain remittance system as a means of payment processing without going through banks and intermediaries.

TOKEN ECONOMY
The Two-Tier Token System: REMI & REMD
Crypto Limitations Due to Price Volatility of Tokens : Risk Bourne to Service Providers.
Splitting it into TWO to prevent rapid value fluctuation and ensure smooth overseas remittance.
How it works:
Youtube:

     REMI                                                    
  • Convert to REMD
  • Mining Rewards
    REMD
  • Means of Transfer
  • Stabilized (Index Boundary)
  • Guaranteed Minimum Exchange Value from REMI to REMD

Roadmap:
2018 Q3 Private-sale
2018 Q4 Crowd-sale; KYC/AML; Pre-sale
2019 Q1 REMIIT Smart Contract (RSC) MVP; REMIIT Wallet MVP
2019 Q2 REMIIT DEX MVP
2019 Q3 REMIIT Linker Protocol (RLP) SDK; REMIIT Linker Applications; Partnership with Main Linkers
2019 Q4 RSC launch; REMIIT Wallet launch; REMIIT DEX for Main Linkers launch
2020 Q2 REMIIT DEX Expansion
2020 Q3 REMIIT Payment Gateway Protocol (RPGP) MVP
2020 Q4 Partnership with Main Payment Providers
2021 Q1
RPGP launch Service Expansion Partnership for the future EcoSystem

📌Links:
Website: https://remiit.io/
Whitepaper: https://remiit.io/static/remiit/images/Whitepaper_REMIIT_Eng.pdf
Telegram: https://t.me/remiit

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