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.
The REMIIT Platform aims to be a revolutionary initiative as a catalyst for the development of a more efficient and innovative structure for overseas remittance and payment and provide these various services in each and every country.
REMIIT intends to innovate the business of "what happens when we send and receive something" from a new perspective. This is where REMIIT's own Ecosystem based on blockchain technology comes into place. At the heart of the overseas remittances/payment, there lies the foreign exchange for remittance process.
REMIIT has designed the REMIIT Smart Contract (RSC) to make the process to scale efficiently. Each participant in the REMIIT Ecosystem are placed at the center of the business relationship. To do this, the REMIIT Smart Contract (RSC) with the REMIIT Payment Gateway Protocol (RPGP) have combined to expand to "payment" through the remittance platform. With this infrastructure of these ecosystems, each participant can create a variety of channels to overcome existing problems. Ultimately, the limitations of the previous foreign exchange ecosystem will be overcome by various channels, the market will expand, and the business will grow.