ETHA-PARTNERS WITH-CHAINLINK TO PROVIDE THE FIRST BLOCKCHAIN-BASE REMITTANCE PLATFORM FOR FINANCIAL SERVICES.

crypto24hrs (29)in #etha • 5 years ago (edited)

You will totally agree with me that the success of every business or project is solely dependent on how robust and viable the potential business environment is, little wonder most ICOs with myopic project vision i recent times can not find their feet in the scheme of things.
Herald the presence of a project with such a verse business potentials and an uncommon vision, it is called.......

ETHA-THE FIRST BLOCHAIN-BASED REMITTANCE PLATFORM FOR FINANCIAL SERVICES.

Do you no that According to world bank report, the annual remittance volume exceeded half a Trillion US dollar in 2017 and global remittance grew by 7% to $613 billion when compared to its previous year from $573 billion in 2016 and 2017 alike.

Do you no that traditional remittance service providers (RSP) and financial institutions earn $42 billion in annual global remittance fees alone, just to facilitate cross-border transactions. And more than 700 million people depend on remittance flows in 2017 with extended global remittance growth of nearly 5 to $642 billion in 2018 respectively.

Do you no that more than 250 million people all over the world uses remittance services on yearly basis to send money to friends and family members abroad? these are verifiable facts. Please take a closer look at Top 10 countries that received money from their emigrants back home in 2017 from US please see with your eyes.

Do you no that Cutting money transfer fees could unlock $15bn for developing countries? Here's how it works https://wef.ch/2JPXlJb #economics

Over the years consumeres went to conventional cash exchange administrators to send their assets to another country, With practically zero challenge in the market, the cash exchange administrators could charge anomalous high commissions and markup expenses on the FX.
And Shoppers had next to zero choice when it comes to cross-fringe cash exchange to pay for concealed charges and high rates a decades prior on the off chance that they needed to send cash over.

AVERAGE PRICING.

Do you no that it is on record that the average cost of sending $200 is put at 7.45% during the first quarter of 2017. And some remittance service providers charges up to 15% while the Sub-Saharan African region is the most expensive to transfer money with the average cost of 9.4% ?

It is indeed very sad to say that while the remittance industry is growing at a geometric progression as shown above, the consumers have not noticed any significant reduction in the fees structure by these shylock traditional operators of remittance, But all tanks to ETHA for her introduction of blockchain remittance which has all the potentials to render more efficient and cost effect services, thus saving users billions of dollars from transaction fees annually.

WHAT ETHA IS HAS TO OFFER

ETHA- Is building a blockchain -base remittance platform that work with on and off chain solutions which is aimed at connecting people and business to an innovative platform which is capable of disrupting the present settlement industry, through ground breaking technologies in view of budgetary inclusivity.

ETHA presents the world's first blockchain-based remittance solution platform which will enable traders and customers to use their computerized resources to send fiat cash world wide.

The platform will give the sender the adaptability to choose distinctive payout choices for the beneficiary, for example, Direct to Bank, Local (Cash) Pick-Up or Mobile Top Up (contingent upon the assigned nation). ETHA will likely give her services in excess of 190 nations around the globe.

The installment framework fills in as a decentralized working framework, which incorporates the advantages of decentralized frameworks with the vital unified assets under one platform, empowering fiat cash exchange with digital monetary standards. What a wonderful project with great idea!

WHY ETHA HAS TO PARTNER WITH CHAINLINK ORACLE NETWORK.

The developers of ETHA has a connectivity challenge during the implementation and testing of her smart contract with the operating platform, Hence the need to incorporate a reliable blockchain oracle to address the connectivity challenges with external resources.
Fortunately, CHAINLINK decentralized oracle network has a reliable solution which can easily without much of a stretch associate the APIs to and off-chain data bolsters. This is indeed in line with the adage that say "two good heads are better than one ETHA + CHAINLINK = The first and the best blockchain-based remitta platform in the world.

MY HUMBLE AND HONEST SUBMISSION.

Without much i do i recommend this project called ETHA for your participation and investment while the offer last and you will be glad you did. Love you all as you respond to my love with your upvotes and likes tanks.

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