The REMCO platform tokenized one billion dollars on the blockchain successfully!

REMCO Platform Testing Update

The most recent capability added to the REMCO platform would allow governments, multinationals and national pension and sovereign funds to tokenize funds aimed at infrastructure projects.

“The REMCO platform successfully tokenized one billion dollars on a blockchain with the token’s programming set to release funds to entities and individuals with total transparency, on terms set by the funder,” explained REMCO’s CEO Peter Ojo.

On REMCO’s platform, governments, for instance, might auction their debt through treasury bills and bonds directly to registered individuals and businesses.

REMCO is building the world first distributed token-generating platform for money Transfer. This recent successful development industry test has demonstrated that REMCOs approach to tokenization goes beyond money transfer, and can be a powerful tool for resource allocation.

Much can be traced to how programmability is introduced into the tokenized asset, how business logic can be introduced, reducing the need for manual intervention.

REMCO is also in the midst of an STO, a Security Coin Offering, to more fully build out its platform and team, and recently announced it’s first listing on an exchange, allowing conversion to fiat currency. This initial exchange, LATOKEN, will go live in Q2, 2019.

MORE info at remittancetoken.io

http://remcosoftware.org
http://www.remittancetoken.io