Remiit ( REMI ) – Revolutionized Remittance Service
In the modern world, where competition is increasingly frequent, we see every day that the emergence of new players, for all their advertising campaign cannot enforce, their decisions. After reading the technical documentation of the REMIIT project, I decided that this project would soon reach the established position. In this article, I will talk about the strength of this project, the solution and why I consider it an attractive option for investment and future use. Then, let's start
The current problem that REMIIT wants to improve
The patch system has many problems, such as reliability and security issues. In the current system, to send money to another country, you must have the confidence. During the process, centralized financial institutions charge a reasonable amount of transaction costs, while speed is difficult to meet. International money transfers systems, such as SWIFT, have many security problems and are very vulnerable to hacker attacks. The existing money transfer system is not transparent and honest. Personally, I do not know why they charge high fees for their bad services
The REMIIT project is based on a two-level REMD system and a REMI token. This platform also ensures that transactions are carried out by the same payment service provider and money transfer agent so that all processes are as secure as possible. REMIIT also offers users smartphone applications, ideal for convenient use. They cleverly divide their platform into two parts: the intellectual contract (RSC) and payment gateway (RPG). This, first, helps connect and work together abroad and, secondly, it is possible to pay for user interfaces that work with certain protocols. They develop payment methods that help users make payments without contacting the three parties/brokers or banks that charge a large amount of money for their services
The blockchain technology used by the REMIIT project will offer many benefits. Thanks to this, the Remiit project presents a quite serious technological aspect that distinguishes it from the context of the participants. With the block contract and Remiit's intellectual contract as a point of reference in the niche, the objective of the REMIIT ecosystem is to create absolute experience in the field of correction. Each member of the REMIIT ecosystem will be at the center of a high-tech business relationship. The missions pay special attention to the symbolic economy. Thanks to the two-level structure, which is used by developers, REMIIT can guarantee the stability of the token. And you will agree that, in the context of the current instability of the market, this guarantee is very encouraging
How does the money transfer system work?
Remiit will launch two types of tokens. REMI and REMD. REMI can be exchanged on an external platform or converted to REMD at a certain level. The REMD can be exchanged with fiduciary or cryptographic currency on the Remiit decentralized website (REX), available only to platform participants
REMD will also be used for real money transfers. Liaison officers (money transfer operators and other participants from both parties) will have access to various REMIIT standard contracts that can be used to transfer money between their REMD customers, which are automatically converted into currency, space guaranteed at least
The Advantages of the System
• System users can manage the credit reports generated by the chain transactions, allowing them to manage their trust and many other benefits
• System participants are assessed based on their reputation, which helps eliminate fraud in the system
• The team behind the REMIIT system has extensive driving experience
• It is important to note that optimized algorithms make the process fast and easy
• Plus, the price is cheap and easy to use
The goal of REMIIT
The main goal of Remiit is to put an end to all calculation announcements around the world, using block innovations, as part of the REMIIT Keen (RSC) contract. This step can be configured even if the solution is simplified. This step allows the sender to process the procedure directly when using REMIIT. For the administration to extend to different parts, the phase includes the REMIIT gateway protocol, the creation structure added to the REMIIT system of the intellectual contract system. Money transfer providers will have the opportunity to improve their operations and overcome the problems they will not lose
Features of the Project
• Improved algorithm for completion
• The benefits of this obligation are used for several members of the procedure
• The structure of the user interface can be adjusted and effective
• It has RSC correspondence channels
• RSC storage for information storage
The Conclusion
REMMIT is a promising project. Although cryptocurrency has been issued as a more secure, transparent and fair international payment method, which will avoid many of the existing financial infrastructure problems, none of them has fulfilled that promise. Double backups of REMIIT tokens and other sizes are exciting new approaches. If you can solve the problem of money transfer, it has the potential to be more widely used for mysterious industries and the global economy. I think REMIIT is the right solution to the current investment
For the more information please visit
Website: https://remiit.io/
Whitepaper: https://remiit.io/static/remiit/images/Whitepaper_REMIIT_Eng.pdf
Telegram: https://t.me/remiit
ANN Thread : https://bitcointalk.org/index.php?topic=4929374
Facebook : https://www.facebook.com/remiit.io/
Twitter : https://twitter.com/remiit_ico
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