Remiit Ico Overview

yaroslav1995 (38)in #ico • 6 years ago (edited)

REMIIT is a decentralized platform that unites enterprises and private users for money transfers based on the principles of openness and trust.

RSC provides a configurable smart contract that can cater for various businesses give the freedom in creating connections and partnerships with companies overseas. RPGP is an interface for payment providers and payment gateways to conduct the transaction through REMIIT’s remittance platform. To prevent rapid value fluctuation and ensure smooth overseas remittance REMI is the token traded in exchanges and performs a utility role that converts to REMD. REMD is the token which is used in the overseas blockchain remittance system.

REMD Decentralized Exchange: In our overseas remittance system, there exist imbalance of the REMD ow in the amount Linkers hold. Thus, the internal exchange that the Linkers could voluntarily trade their overs and shorts by using other cryptocurrencies has been designed. By using this mechanism, the liquidity problem can be solved autonomously.

The idea is realized on the basis of blocking technology. The working tool is the SmartContractSystem application.

The idea of the project

Traceto is a startup of Singapore's Cynopsis Solutions Pte. Ltd which has a very strong market position and invaluable experience, which is designed to strongly push the development of the Traceto project. The Traceto network itself is a decentralized network of KYC (Know Your Customer), which provides a comprehensive solution for KYC for crypto-cash and lock-up companies using SmartContract and AI (Artificial Intelligence) technologies.

Traceto has identified and resolves 4 important issues, according to the company:

Who are you? - Identification and verification of identity;

Who is not you? - Disclosure of politically significant persons, persons under sanctions and terrorists;

What did you do? - Monitoring of suspicious transactions and identification of the source of funds;

Are you still who you were? - the client's activities may change with time.

In solving these problems using Smart Contracts and Artificial Intelligence, Traceto Network provides the first inclusive KYC solution from the real world for the virtual world.

REMIIT SMART CONTRACT

REMIIT provides a smart RSC contract, which in turn will be configured for foreign money transfers. The first step supported by REMIIT is the provision of a variety of RSC distributions and UX (User Experience), which allow business users and users of a common remittance to easily participate in the RSC process.

ICO

Name - REMI
Platform - Ethereum
Type - ERC20
PreICO price - 1 REMI = 0.01 USD
Price in ICO - 1 REMI = 0.01 USD
Token for sale: 2,400,000,000

PROSPECTS.

As already mentioned at the beginning of this review, the market has much to develop. Moreover, the niche of KYC is very popular and competitive. Consequently, start-ups will have to spin and try to be ahead of the rest, and therefore with proper work, all start-ups have chances to succeed. Specifically, the Traceto chances are somewhat more than many, due to the experience of the work already done and due loyalty on the part of the project blockbuster.

I believe that after several years Traceto will be included in the top companies of this segment, which will allow the tokenholders to increase their capital well. REMIIT is a Blockchain Powered Remittance and Payment Platform that connects various businesses and users through a trust-based Smart Contract System. REMIIT endeavors to allow business scalability of businesses in the Money Transfer Sector and provide users with a cheap and transparent process with value stability through the 2-Tier token system. REMI is the token traded in exchanges and performs a utility role that converts to REMD. REMD is the token which is used in the overseas blockchain remittance system.

USEFUL LINKS AND MORE INFORMATION:

Website: https://remiit.io/
Whitepaper: https://remiit.io/static/remiit/images/Whitepaper_REMIIT_Eng.pdf
Telegram: https://t.me/remiit
Facebook: https://www.facebook.com/remiit.io/?modal=admin_todo_tour
Twitter: https://twitter.com/remiit_ico
Medium: https://medium.com/remiit