Migranet - Leveraging on AI for Global Migration

Migration is a growing phenomenon around the world today. Individuals of different classes around the globe embark on different types of sojourns to other countries, where they'll have a better chance at life.

The trend of migration is on the rise and the United Nations (UN) already posited that 3.4% of the global population is living in other nations that are not their country of origin.

Benefits of Migration

The major reason behind the exodus of people from countries of birth to other regions in the world is to enjoy robust economic opportunities at that end. Besides, migration also plays a major role in the economy of host countries because migrants will engage in daily transactions that add more value to the country's GDP.

The Problem with Migration

As it is common with many sectors that are developing, migration comes with many problems. To a large extent, these contribute to the decline in moving from one location to another.

The first issue is the incidences of fraud. This is common because migrants often fall play to self-acclaimed professionals that end up using the funds without any tangible output.

High bank charges and a massive increase in rates in the Foreign Exchange (FOREX) market is another factor that contributes to the decline in migration.

The Migranet Solution

With the strides of blockchain technology in solving real-world problems, Migranet diverted its focus on the immigration sector. Below are the inputs in making the industry viable:

Eradication of Fraud

The platform cuts down the incidences of fraud by using the smart contract to to facilitate decentralized transactions among involved parries. To that end, it protects migrants from fraudulent activities and helps in the verification of data.

Tri-Migration Model

The major outlook of this project is to take advantage of Artificial Intelligence (AI) in bringing innovation into the fragmented immigration industry.

Hence, the tri-model, in this case, are the Blockchain Technology, AI, and Biometrics. These help in improving the speed, accuracy, and accountability in the system.

How they work

These tri structures have individual delegations. The blockchain technology opens the floor with the decentralization aspect.

On its part, the Biometrics system issues specific identification to each migrant. This works in unison with Artificial Intelligence to access migrants' credentials. The essence is to reduce misinterpretations and cut down fraud.

How do I Apply?

Now that you've realized the important of Migranet in xurrind down a high spate of fraud in the system, the platform proceeds to introduce a viable medium of registration.

Migrants will sign up and enter their country of origin, professional history, and education into the system. After that, they would define the purpose of their movement. It could be for work, education, or permanent residency purposes. At the end of this stage, migrants will proceed to make a payment of $150 for migration purposes that are not for permanent residency.

Token Distribution

Crowd-sales: 60%
Reserve: 30%
Bounty: 2%
Advisors: 2.5%
Team: 5.5%

Token Sales Information

Ticker: MIG
Token Supply: 850 million
Exchange Rate: 1 MIG = $0.20 USD
Soft Cap: $20 million
Hard Cap: $75 million
Accepted Payment: Ethereum (ETH)

Migrate with ease

Blockchain-based platforms continue to prove that traditional hitches are easy to solve. With a decentralized solution like Migranet, you wouldn't have hassles in relocating to any location of your choice.

For moreover detailed information about this project, please, check below links;

Website: https://migranet.io/
Telegram channel: https://t.me/migranetnews

Whitepaper: https://migranet.io/wp-content/uploads/2019/04/Migranet-Whitepaper-v.1.1.10.pdf

Bitcointalk ANN thread: https://bitcointalk.org/index.php?topic=5124821.0

Author’s details
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1777715
ETH Address: 0xEbb2204B0F92D51D00Ded27f00030f52a7378834