REMIT - Decentralized money transfer and payment

Hello everyone, this is another moment to write on another great project that is full of life changing benefits. Seat back and read this article in order to have better understanding about this project.

ABOUT THE COMPANY REMIIT

When we face globalization, the various obstacles between countries have diminished, and the global interaction of people and goods has become more convenient. Especially due to the improvement of the Internet, the range of foreign remittances and commission fees is growing rapidly. While such a massive market has stimulated monopolistic monetary institutions, the obstacles between customers are still excessive, and transparency remains an ongoing problem. First, transactions of "foreign transfer" are sluggish and inefficient due to systems such as the SWIFT network, while money transfer operators, such as banks and non-bank financial organizations, have boundaries in scalability and extensibility.

In addition, the "exchange rate" arising in the discussion of world finance is changing, as we are considering the possibility of using political and economic hobbies between countries. In these situations, there have been many revolutionary attempts to destroy inefficient designs using applied sciences, mostly based on the block chain. The main technological know-how of the first-generation block unit was transparency and security using distributed register technology.

In addition, the "exchange rate" that occurs when discussing the world of Finance, changing, as we are considering the possibility of using political and economic passions between the two countries. In these situations, there have been many revolutionary attempts to break down inefficient designs with the help of applied Sciences, mostly based on block chain. The main technological know-how of the first generation block was transparency and security through distributed Ledger technology.

PROBLEMS REMIIT SOLVES

We have temporarily discussed above that the existing methods of transferring money and prices for distant places have many problems. These are real stories related to current monetary structures and lifestyles that were considered problems that were again and again, and were constantly raised with the help of several groups that were already working on solutions based on block relationships.

Money transfer course is the sending capacity of money. However, this is a lexical meaning in the dictionary. From the point of view of business, money transfers are reduced not only to a simple transfer, but also to additional payments and, in addition, extend to "what happens when we send and take control of something." REMIIT appears with these problems from this point of view: there is a repeated problem of remote places in the huge scale of the remittance market of remote locations, which is obtained from "issues related to the alternative and use. Below are some of the problems that our platform addresses;

SOLUTION PROVIDED BY REMIIT

We have temporarily discussed above that existing methods of money transfer and long distance prices have many problems. This is the real history associated with the current monetary structure and way of life, which were considered as problems which were again and again, and constantly rising by several groups who have worked on solutions based on the block links.

Money transfer is of course the capacity of sending money. However, this is the lexical meaning of the dictionary. From a business point of view, remittances are not only about simple transfers, but also about additional payments, and also extend to "what happens when we send and master something." REMIIT emerges with these problems from this perspective: there is a repeated problem of remote locations in the huge scale of the money transfer market of remote locations, which is obtained on "issues related to alternative and use. Below are some of the issues that our platform addresses

WHY NOW?

There are now more than a few attempts to commercialize the block chain, so the time has come when REMIIT Ecosystem performs an important role for remittances and payments in remote locations. Unlike the previous one, when the SWIFT code was taken for granted, many finteh corporations tried to strengthen more than several packages and applications to cope with the problems arising from the SWIFT code.

BLOCKCHAIN.

The first revolution of blockade is bitkoyn and is used to charge as well as for transfer with the help of millions of people. The second revolution is in the very block chain. 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 keen to comply with the technological know-how of blockchain for different areas.

In this sense, it is likely that the block will be commercialized in the near future. This technology, similar to the Internet, should make the world more connected and environmentally friendly, and not just in the money sector, but also in numerous areas. We created new types of corporations and opportunities that had not existed before, and we need to experience them.

DISTRIBUTION

Dear good readers, this is just brief about this great project, more and details can be obtained through these links:

Website: https://remiit.io/

Technical documentation: https://remiit.io/static/remiit/images/Whitepaper_REMIIT_Eng.pdf

Telegram: https://t.me/remiit

Reddit: https://www.reddit.com/r/REMIIT/

My Bitcointalk Username: Abbey84

My Bitcointalk profile link:https://bitcointalk.org/index.php?action=profile;u=2143170

My Ethereum wallet adress: 0x323e8Fe8fC7a863cd424aF0149B4d764c9E32f55