Remco added support for India (local tokenization of stored value and International money transfer) on the blockchain.
Designed to support financial institutions including cooperative banks, savings banks, and specialized credit institutions.
The new REMCO platform is available to any licensed entity seeking the advantages of its re-engineered processes. Tokenization has the potential to disrupt the $613 billion remittance market and $1.5 trillion global gift card market and has been demonstrated to have the capability to bring about greater efficiency and transparency.
For more information, go to https://remcosoftware.org or http://www.remittancetoken.io.
# ## #
There are many competent mobile payment operators and carrier in the country.
We anticipate a substantial utilization of blockchain technology especially for storing and distributing stored value products in the Country.
There is a consensus that global remittances can be more efficient with blockchain technology, but a successful tech-build using blockchain requires not just blockchain expertise, but a superior understanding of the existing money transmission model and how blockchain can be used to improve on the processes.
By tokenizing this currency, local FinTech companies in the country can take advantage of blockchain technology that is gaining widespread recognition in the future without having to reinvent the wheel. For example, they can utilize Remco blockchain solution to tokenize, secure and distribute digital assets, stored value products such as gift cards, money transmission effortlessly.
This move can now pave the way for all stored value transactions on the blockchain. The remittance blockchain solution is now available to corporations in this country looking to take advantage of the efficiency and security of the blockchain.
For corporations, there is Remco token purchase requirement to participate before going Live. This requirement is designed to help the ecosystem.
Tokenization can help disrupt the $613-billion remittance market and $1.5 trillion global gift card market
Tokenization has been demonstrated to have the capability to bring about efficiency, transparency.
Join the mission
Buy Remco tokens today.
Trade Remco on Digifinex
