Jumat, 23 November 2018

REMCO - The World's First Largest Token for Money Transfer



Hello Community, If you are interested in Blockchain technology and want to invest in a Project that uses blockchain technology, you should read my article because I will introduce the Blockchain project called REMCO and to find out more about the benefits and benefits of the REMCO project, here's the explanation:

REMCO (Remittance Utility Token) is the World's First Renewable Token Generation Platform for Money Transfer. This is a Strong Distributed Token Generating Platform for Money Transfers. REMCO Token Generating Platform API to allow any licensed money transmitter to Mint tokens programmed to move value and take advantage of ledger excellence at speed and scale, while also offering innovative compensation to all transaction stakeholders.

With the REMCO platform, we aim to package technology into practical solutions for the money transfer industry, and with our wallets, we specifically aim for the role of cash agents. We have reengineered the processes that customers and agents must follow, and developed prepaid cards that can be sold as any gift card. Customers then visit a mobile support website to organize and fund their wallets. This website offers the option to share funds and for other controls not previously possible. By separating sales from shipping, we change the nature of the agent's experience both for the sender and the agent, giving good value by overcoming pain points on both sides.

Features


  • Remittance partners can mint programmable Remittance Tokens in real-time with predetermined values and other features.
  • Remittance partners can distribute these newly minted Remittance Tokens to senders, either online or via an agent in their network in real time, a reinvention of the process.
  • Senders receive Tokens and use them to transfer money to their recipients, either to their bank account, mobile wallet or for pickup at an agent.
  • The funds on the Token can be split among multiple recipients affordably.
  • The recipient receives fiat money. The Remittance Token can also be customized to pay bills for utilities, taxes, school fees, and rent.
The REMCO operates on a private permissioned network using a programmable token to transfer money leveraging on direct API connections with the destination banks and mobile wallets in various jurisdictions. The system allows pre-authorized partners to generate tokens on the network for distribution to end users or their agents. These tokens can be programmed with various denominations and currencies and buyers/senders will use a mobile or online app to initiate the money transfer, thus the sender will perform the actual transfer.



BENEFITS

Benefits For Remittance Companies

  • Issue their own token in any currency of choice
  • Distribute their token to end users directly
  • Define the characteristics of their token
  • Token can be used to remit money to bank/mobile wallets globally
  • Tie their token to mobile wallet payout network globally
  • Distribute their token to their agents
Benefits For Agents

  • Take ownership of token and send to users
  • Earn token activation commission
  • Earn token usage fee
Benefits For Users

  • Use token to send money to bank accounts globally
  • Use token to send money to mobile wallets globally
  • Use token to send multiple transactions thereby reducing cost

ICO DETAILS

  • Token - REMCO
  • PreICO Price - 1 REMCO = 0.06 USD
  • ICO Price - 1 REMCO = 0.08 USD
  • Platform - Ethereum
  • Accepting - ETH, BTC, BCH, VCASH
  • Soft cap - 6000000 USD
  • Hard cap - 60000000 USD
  • Country - USA
  • Whitelist/KYC - KYC
  • Restricted areas - Iran, North Korea

TOKEN ALLOCATION

  • Total Token for sale - (65% of the total supply)
  • Founders, Team and Advisors - (15% of the total supply)
  • Marketing - (5% of the total supply)
  • Business - partners (5% of the total supply)
  • Reserve - (10% of the total supply)
ROADMAP
August-2017
Parent company Integration of Tokenized/ cashless card for termination to 22 Commercial Banks

November 2017
Parent company received Money Transmission licenses in the states of Illinois, USA

December 2017
Parent company received Money Transmission licenses in the states of Georgia, USA- December/2018

January 2018
Tokenized/ cashless card money transfer off-chain launched in Illinois, USA

February 2018
Tokenized/ cashless card money transfer off-chain launched Georgia, USA

March 2018
Travelled to Tokyo, Japan for Blockchain event meeting with various blockchain innovators

June 2018
Blockchain Project initiation

July 2018
Blockchain infrastructure development start
Investment from Parent company

August 2018
Legal adviser appointed

September 2018
Parent company received Money Transmission licenses in the state of Maryland, USA

October 2018
Parent company committed to the Private sale

November 2018
Blockchain infrastructure development testing completed

More about REMCO project, please visit the link below:


Published by : assyfa
MyETH: 0xCa53A32ab48cF8bA4eC4A494bA4e95ceC26Fe71d
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