REMIIT – The Impossible Trinity RemD Exchange System

REMIIT  – Greetings to all! In the last part we have considered the situation in the money transfer system and found a lot of problems, and now let’s see what the guys from the REMIIT team are ready to offer for a significant  “Upgrade” of the translation system. Every consumer has the right to receive various services so that they become more qualitative and diverse it is necessary to depart from the centralized monopolized system.
The optimal solution is the REMIIT ecosystem based on the blockchain. The platform’s creators developed the REMIIT Smart Contract (RSC) to make the process scalable. For all users of the system to be in the center of Business Relations RSC merged with the extension remiit to the Protocol of payment gateways (RPGP). As a result, all participants will be able to create a variety of unique channels for exchanging and transferring funds.
Thus, the limitations of the existing currency system will be removed. The market is going to expand and the business will grow.
The platform is based on three whales:
1. Remiit Smart Contract. For participants of business in international money transfers the low commission (B2C), and also RSC which will be connected to the extended network of B2C is offered. This is a new way, not known before. In addition, new tools will provide smart contracts (thanks to smart contracts, existing industries can be associated with innovation). REMIIT Smart Contract will provide participants with interfaces to use smart contracts. Users who are directly or indirectly involved in RSC will be able to check transactions, share and share data through a message feed – so contracts will be transparently implemented in an optimized manner. In addition, Smart contracts will provide escrow, a key feature that allows members to trust each other.
2. REMI-REMD 2-tier token system. REMD will be provided as an intermediate currency remiit Smart Contract. A detailed and systematic design is necessary for its reliable functioning. REMD is obliged to rely on external exchanges, which may lead to fluctuations, and this threatens price stability. The developers called this situation “Crypto Paradox” and created an external cryptocurrency REMI. It and internal crypto REMD are necessary for the decision of external price fluctuations and the duality of internal business-ecosystem. REMI is equipped with a control function for the stability of REMD as a buffer for markets and as a tool to implement market policy. As a result, REMD will be the basis for the stability of internal business operations and will provide liquidity by creating a decentralized REX stock exchange.
3. Remiit Payment Gateway Protocol (RPGP). Through RPGP, payment providers and business-related participants can explore the foreign business by contacting Remiit Smart Contract. This will allow RSC participants to open new companies outside of existing money transfer services.
Who benefits from being a member of the REMIIT Ecosystem?
REMIIT is created for payment providers, banking institutions, fintech providers, platform and corporate companies, as well as for ordinary consumers.

Key benefits of the ecosystem
REMIIT will create its own smart contract structure for blockchain technology and provide REMIIT smart contract. RSC was developed on the basis of research of platform developers and offers from consumers. It will ensure the protection of transactions at the highest level, and thanks to it participants will be able to easily find a template for their situation. Setting conditions to activate RSC will be convenient due to low (programmable) and highly-level (customizable) interfaces.
Other Advantages:
The ability to bring currency to one denominator.
Decentralized transparent operations.
Ability to create unique channels for transactions.
Low B2C interest rate.

Escrow functions.
The REMIIT ecosystem eliminates the boundaries between states. Transparency and a proper level of security will be ensured when making transactions.
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ICO and Token allocation details
Preico 2018-10-17-2018-11-18
ICO 2018-11-22-2018-12-25
Softcap $5 million
Hardcap $20 million
Cost 1 REMI = $0.01
Why is the REMIIT platform so needed now?
REMIIT  – Already repeatedly there were attempts of commercialization of blockchain, means, it is a time of innovative remiit Ecosystem. This platform will connect foreign transfers and payments using blockchain technology. will provide creative opportunities and channels for various participants so that they can make international money transfers in a free and effective way. REMIIT is a unique opportunity for businesses to expand into areas that many could not afford using conventional monolithic channels. Learn more about the project, study the team working on REMIIT, as well as a technical document, you can on the official site, all the necessary links you will find at the end of the article.

Tags: #cryptocurrency #cryptonews #ico

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