The REMCO Token Generating Platform’s APIs to allow any licensed money transmitter to mint programmable Tokens to move value and leverage distributed ledger advantages at speed and scale, while also offering innovative compensation to all transaction stakeholders.
REMCO designs and provide practical and transformative technology for money transfer, especially cash transfers with the vision to transform the cash-based side of the industry, reward crucial stakeholders and add consumer convenience, control and affordability.
REMITTANCE TOKEN FOR MONEY TRANSFER ORGANIZATIONS
REMCO Remittance Tokens connect senders and recipients of money similar to the way mobile phones connect two people. REMCO’s platform provides the infrastructure, the pipes, that allow remittance companies globally to mint and customize their own Tokens on a revolutionary open source platform designed for speed, compliance and transparency.
REMCO Remittance tokens use a revolutionary money transmission Token with an open source platform that allows remittance companies globally to mint and customize their own Tokens.
WHY CHOOSE REMCO?
The REMCO Token solution is built using Multichain, and it includes a self-service B2B platform that not only allows money transmitters to enjoy the advantages of DLT using their existing cash-in networks, but to expand their networks by riding REMCOs reinvented processes for street corner agents.
Money transmitters have few and limited options for building and expanding their business on another’s rails.
Traditional money transfer is slow for both money transmitters and their customers. New blockchain approaches are slower than many existing centralized systems.
Many corridors remain very costly, and pricing for small-value transfers is foolish. Blockchain-based cryptocurrencies require miner compensation, are inefficient and can’t scale.
Stakeholders in the cash-based money transfer processes are increasingly frustrated by more work for less pay, leading to less participation and fewer consumer options.
Conventional platforms have entry barriers that are too high for affiliate networks; REMCO addresses this shortcoming.
A technical failure can paralyze all affiliate networks on a centralized platform, until the cause is detected and rectified.
Options for money transmitters to build their business with technology that fits their use cases and addresses their pain points using programmable tokens that can run on the rails of our global platform for remittance.
REMCO uses a blockchain on which transactions essentially self-verify, providing the speed needed to ramp up.
REMCO runs on a distributed ledger technology known as a Multichain blockchain.
Our solution does not involve miners to verify transactions, and be paid. Even micropayments can be made affordably!
REMCO Tokens are thought to be quantum-proof, though this is subject to additional scrutiny and study.
Re-engineered Process at Cash Agents
The REMCO Prepaid solution requires less time to sell than present methods, offers bonus commissions and gives tremendous control and value to the customer. Data analytics allow aggregation from multiple networks.
REMCO MAIN FEATURES
REMCO uses blockchain protocol that require no third party POW and virtually no fee. The result is unparallel speed and cost savings for users.
With over a decade’s experience connecting to receive-side payments and banking infrastructure, our platform works!
FASTER SPEED OF PAYOUT
No more waiting for a batch process or other slow payout processes.
COMMISSIONS FOR AGENTS
We simplify the transaction process for agents and even offer the possibility of bonus commissions based on sender preferences.
ARTIFICIAL INTELLIGENCE PLUS HUMAN EXPERIENCE
Elements of the platform will get smarter over time through AI and the unique platform itself is the result of over a decade’s experience building and running platforms for remittances and payments, integrating them with banks, bank switches and other infrastructure providers and complying with.
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
REMCO ICO DISTRIBUTION
Total tokens for sale65%
Founders Team & Advisors15%
REMCO USE OF FUNDS
We have a history of “eating what we kill” and being able to run a tight ship, with bare-bones expenses. We understand how to work with all stakeholders and how to move a business forward and believe this long history will allow us to maximize the effect of all funds raised.
Research and Development40%
Legal and compliance10%
This ICO Roadmap is all part of a larger and longer journey.
VTNGlobal’s roadmap covers over 15 years in the Fintech space. Its platform is used by the biggest remittance organizations and processes many hundreds of millions of dollars annually. It is majority shareholder of VTNetwork Limited, a Central Bank of Nigeria-licensed mobile payment operator and international money transfer operator. This business has access to 3,600,000 subscribers, 4,700 registered agents and 5,900 merchants in Nigeria.
The planned timetable for the REMCO ICO and subsequent service rollout follows.
Remco ICO Launches
We expect to launch an ICO once all pieces are in place and within a few months of very active promotion.
Remco ICO Ends
Platform Live, Processing for VTNGLOBAL only
Initial testing will be in-house, live in the US states where the service is licensed and regulated.
Platform Live, Processing for all authorized partners
Following a successful self-tests we will onboard remittance partners.
FOR MORE INFORMATION CLICK LINK BELLOW:
ANN Thread: https://bitcointalk.org/index.php?topic=4983198.new#new
Author : Bitcoin demon