REMIIT will work to transfer and can only buy on an internal platform

bollot15 (25)in #steemit • 6 years ago (edited)

REMIIT is a unique project that aims to achieve the highest level of trust and to bring together companies involved in money transfers and their clients through the provision of decentralized and safe sites for remittances.

At present, there are serious problems in using crypto currencies as a means to transfer funds due to high volatility and low liquidity. REMIIT offers its users innovative solutions for money transfers using two types of tokens themselves, which will have different tasks.

TECHNOLOGY

The platform will use 2 types of tokens, which will have different functions.

The first token will be called REMI. This will be used to trade on external exchanges

The second REMD token will work for transfers and can only be purchased on an internal exchange platform. Both tokens can be converted to one side. The developers have compiled this division to reduce all risks associated with unexpected course collapse. The transaction will meet the network miner. They will use certain templates from smart platform contracts to ensure transaction reliability and security, where they will receive fair prizes in REMI tokens. To ensure smooth operations, the liaison (money transfer operator) will use certain protocols and REMIIT smart contracts.

RSC smart contracts are made as a result of many developer tests. This is the main component of the entire transaction system and will continue to be updated based on customer feedback. RSC uses an escrow algorithm, which will provide more security for transactions. Its main task is to enable possible money transactions between interested third parties who have not trusted each other.

The Gateway Protocol (RPGP) protocol will aim to improve platform scalability in international markets and function to develop the REMIIT ecosystem. It is planned that the protocol will help involve more different companies for international transfers. RPGP protocols paired with smart platform contracts are the main link of the entire ecosystem, which in the future will be a new solution in the field of cash payments.

REMI Wallet is available on the platform for clients, which will have an updated interface that is easy and simple. This will have functions not only from ordinary wallets - crypto translation and asset management, but also the possibility of trading and exchanging crypto currencies.

MVP available https://share.protopie.io/ZVv8ST1VNE

BLOCKCHAIN.

The first blockade revolution is bitkoyn, used to fill and transfer millions of people. Second revolution in the same chain. Blockchain is tested and used in various industries and is related to each other. In addition, financial companies are not the only one, but companies from various sectors also want to be familiar with the knowledge of blockchain technology in various fields. In this sense, there is a possibility that the block will be marketed in the near future. This technology, similar to the Internet, should make the world more connected and more respectful of the environment, and not only in the monetary sector, but also in many fields. We have created new types of businesses and opportunities that did not exist before, and we need to experiment with them.