Remiit

What is Remiit ?

This blockchain-based transfer platform connects MTOs around the world. Based on the information published on their official website, the REMIIT reputation rating system, which is the main platform feature, allows operators to focus on remittance activity with MTOs or other partners. , thus allowing secure transfers. Public ICO will take place from October to November 2018.

The REMIIT project is a decentralized remittance and remittance platform that aims to address the current global social issues in the field of international financial transfer using blockchain technology. The foundation of establishing reliable chains among business partners in different countries eliminates restrictions on foreign transactions and provides cost-effective solutions for business participants.

How does REMIIT work?

RSC (REMIIT Smart Contract) - The RSC system provides affordable fees and extended networks for all participants to use money transfer services.

Release REMI - REMI is a token used in the platform to make the entire REMIIT ecosystem strong and dynamic.

RPGP (REMIIT Payment Gateway Protocol) - Providers use this interface for payment through the system.

Problem

The following are some of the issues our platform wants to handle;

Reliability and security issues.

Cost effectiveness (Commission and efficiency) problems.

Infrastructure problems.

SOLUTIONS FOR PROBLEMS

REMIIT intends to innovate commercial companies «what happens when we send and receive something» from a new perspective. This is a private place based on the REMIIT ecosystem that truly relies on the knowledge of blockchain technology. REMIIT has designed REMIIT Smart Contract to make the system efficient. Every participant in the REMIIT Ecosystem is positioned at the center of a business relationship.

With the infrastructure of this ecosystem, each participant can make various channels to overcome existing problems. In the end, barriers from the previous foreign trade ecosystem will be overcome by using more than several channels, the market will develop, and businesses will grow.

REMIIT Vision

wander in the same way involving MTOs on this planet to have their duties stretch in countries and in this way give birth as confident in the settlement of players working in the market.

BLOCKCHAIN

The first blockchain revolution is Bitcoin and is used for fees as well as for sending money with the help of millions of people. The second revolution is on the blockchain itself. Blockchain is being tested and used in various industries and is related to each other. In addition, it is no longer just a financial corporation but companies from various industries are trying to observe blockchain technology for various fields.

In this sense, maybe the blockchain will be commercialized in the near future. This technology, similar to the Internet, must make the world more connected and environmentally friendly no longer only in the monetary sector but also in many fields. Companies and new opportunities that have not yet existed will be created, and we need to experience them.

Solution

REMIIT points to developing the problem of “what happens when we send and get something” from another perspective. This is REMIIT’s particular ecosystem specific place in view of blockchain innovation coming to put. At the core of foreign settlements / installments, there is external trade for the settlement process. REMIIT has compiled REMIIT Perspicacious Contract (RSC) to make procedures for advanced scale. Every member in the REMIIT Ecosystem is set at the focal point of a business relationship. To do this, REMIIT Astute Contract (RSC) with REMIIT Payment Gateway Protocol (RPGP) has joined to extend to “installments” through the completion phase. With this layer of biological systems, each member can make various channels to survive the existing problems.

The REMIIT project is a decentralized money transfer and payment platform, whose purpose is to solve current global social problems in the field of international financial transfers using blockchain technology. This platform builds a chain of trust, among business partners in various countries, eliminates restrictions on foreign transactions, and offers more cost-effective solutions for business people.

Everything works very simple: The REMIIT platform database combines and connects participants - groups or individuals - with the REMIIT Smart Contract (RSC) intelligent contract. The company chooses the cost of exchange rates and services per day, and then downloads it to the RSC Store. Users go to the store (RSC Store) and choose smart contracts that are more profitable. All of this is transparent and safe, without risk, you can use partners who are constantly verified and make unlimited transactions with minimal commission fees.

A key aspect is the two-tier REMIIT REMI-REMD token system, which solves external price fluctuations, while contributing to the internal business ecosystem. REMI tokens, which can be purchased at the ICO, will be traded on the exchange and have the function to convert to other REMD tokens. REMD tokens will be used on platforms, tokens can be exchanged through internal decentralized exchanges. Token REMI will not only ensure the use of stable tokens for transactions, but also control liquidity for companies participating in the platform.

For further development of the REMII ecosystem, the team conducted an ICO.

PreICO will begin on 03/09/2018 and finish on 02/10/2018.

ICO Public is scheduled to begin on 08/10/2018 and finish on 11/11/2018.

The number of tokens issued is 6,000,000,000 REMI

Price of 1 REMI = 0.01 USD

Soft stamp: 5,000,000 USD

Hard cap: 20,000,000 USD

Payment is received at ETH.

Token distribution:

40% of sales
15% team
13% reserve
Founders 10%
Creation market 10%
5% advisor
5% partner

2% Community



Distribution of funds after sales:

35% development
Marketing and Business 25%
Operating expenses 20%
5% legal problem
10% reserve
Other 5%
The company carries out an official Bounty program, a special pool is 40 million REMI (400,000 USD), you can join and help the team in advertising the project, to attract more users.

ROADMAP

2018 Sales Continued Sales of Q3-Private.
2018 Q4-Crowd-sale KYC / AML.
MVP REMIIT MVP REMIIT MVP 2019 Q1-REMIIT Smart Contract (RSC).
2019 Q2-REMIIT DEX MVP.
2019 Q3-REMIIT Linker Protocol (RLP) SDK REMIIT Partnership Application Linker.
2019 Q4-RSC launches REMIIT Wallet to launch REMIIT DEX.
2020 Q2-Expansion of DEX REMIIT.
2020 Q3-protocol REMIIT Payment Gateway Protocol (RPGP) MVP.
2020 Q4-Partnership with major payment providers.
2021 Q1-RPGP launches a future service extension for EcoSystem.

for more information:

Website: https://remiit.io/

Whitepaper: https://remiit.io/static/remiit/images/Whitepaper_REMIIT_Eng.pdf

Telegram: https://t.me/remiit

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

My profile: https://bitcointalk.org/index.php?action=profile;u=939755

ETH address: 0x79ab31AD412f95e8DA691F066f27d0Bc2736aCDC