ABOUT REMYT:
Remyt is a decentralized peer-to-peer application platform, which provides an ecosystem where users have one wallet that enables them to send funds across borders.
Remyt will make the process of money transfer by a foreign worker to an individual in his or her home country simple and fast.
PROBLEM:
Currently, the money transfer market costs more than $ 500 billion, but for the high profitability and popularity of this niche, there are still a number of problems present in the industry. Issues such as high commissions, lack of transparency, duration of operations, still put their shadow on the popularity of the platform for remittances.
NECESSITY AND RELEVANCE OF A NEW PLATFORM:
Today the remittance market is worth over $500 billion, but it is still faced with derisking, high fees, insufficient transparency, Increase in settlement time, which threatens to make it more difficult for many to send and receive money.
Banks are responsible for major remittances in the world, but there are three dominant operators in the non-bank sector: Money Gram, RIA and Western Union. They operate about 1.1 million retail locations in 200 countries. However there are other players in the industry like: Currencyfair, Xe, world remit, transferwise etc. Remyt aims to decentralize remittance processes using blockchain technology by offering the cheapest fees, transparency and instant access.
PROCESS OF WORK:
In this way THE TEAM create:
MODEL OF WORK:
TOKEN INFO:
TEAM MEMBERS AND ADVISORY MEMBERS TO THE PROJECT:
Team seems to be the strongest part of this project. It consists of innovative and talented people. Of course I cannot complain if we talk about their professional level, guys indeed are experts on their field. We are not just a company founded solely for ICO.
THE ROADMAP:
READ MORE AND FOLLOW LINKS:
Author: https://bitcointalk.org/index.php?action=profile;u=1384271