REMIIT Platform Blockchain Adoption
The money transfer and payment sector is not as friendly or open to the current adoption of decentralization and P2P interactions. However this area of services are the most crucial aspects that should be adopted by the blockchain. Through the blockchain and smart contract technologies, REMIIT will ensure to be the benchmark of blockchain adoption where the blockchain can be used for actual business services working with pre-existing Money Transfer and Payment Providers.
Resolve Trust Issues between Businesses
Enhance User Experience for End Users
Based on our experience as BluepanNet (MTO), we have discovered many issues in overseas remittances.
We want to resolve it through
Blockchain Integration-to the current commercial systems
Stabilizing the Token - with a sophisticated Token Economy
Develop an Infrastructure - for Linkers (e.g MTO, Financial Institution)
REMIIT Smart Contract
Configurable Smart Contract for small scale Linkers (ex.MTOs, Financial Institutions) to expand easily making partnerships with Linkers overseas through the Trust-Based Smart Contract
REMIIT Payment Gateway
A Protocol interface for payment providers that can capitalize on the REMIIT’s blockchain remittance system as a means of payment processing without going through banks and intermediaries.
Advanced UX on Blockchain DApp
The blockchain technology will bring us a lot of benefits and abundance. However there are still many assignments on how to approach the user in order for this to happen. REMIIT recognizes that great technologies are useless if it is not being used thus REMIIT is aiming for a “Customer Experience” that goes beyond “Usability”.