Since the advent of international transfers, the process of transferring funds from one person to another has changed significantly and has become much better and more convenient. However, despite this, the process of transferring funds is still far from perfect. Today, when transferring money from one person to another using the banking system, users are faced with such problems as:

• high fees;
• lack of transparency;
• long execution time of operations.

Moreover, in order to receive funds, the client of the Bank must go to its nearest branch, for which the financial institution must in turn create a large network of agents.

The new platform called Remco will improve the situation and ensure faster financial transactions, reduce the amount of fees, as well as create more favorable conditions for the work of banking institutions.

Project objective

The main task of the developers is to provide banks and international payment systems with the ability to issue their own virtual currencies to perform secure, transparent and fast transfers of funds between clients located in different parts of the world.

Principle of operation

In the process of this site will take part:

• issuing companies;
• agents and representatives of offices;
• ordinary user.

Each participant will be able to use this platform to get a number of advantages. Thus, banking institutions and international payment systems will be able to create their own tokens, set their own characteristics, use them to perform financial transactions, and distribute them among agents.

Agents will be able to transfer funds equivalent to tokens to ordinary users, as well as charge a fee for the use of coins.

Ordinary users will be able to use tokens for instant money transfers through banking institutions, international payment systems or for direct transfer of funds to persons located in other countries of the world. Moreover, they can use virtual currency to store funds in Bank accounts.

All operations will be performed through a dedicated website or mobile application. It can be used to convert any currency into tokens of one of the issuing banks, as well as for direct transfer of funds between residents of any country. Moreover, it is important to note that when performing an operation, the user can specify multiple recipients at the same time. It is important to pay attention to the fact that in the personal account, each user can monitor the status of their operation.

The main currency of the platform will be REMCO tokens, which can be purchased during the ICO, as well as after its completion on crypto-currency trading platforms.

Dates and details of the ICO

The developers plan to release 2 billion tokens, of which 65 percent will be sold. Public sale of REMCO tokens will be held in the period from December 1 this year to March 31. The cost of the 1st coin will be 0.08 dollars.

Softcap of the project is $ 6 million, hardcap of the project is $ 60 million.

The distribution of tokens and funds is as follows:

Conclusion

Based on the fact that the development of this project is a well-known organization VTNGlobal, which manages financial institutions and international payment systems in Nigeria and the United States, it is safe to say that this project is expected to succeed. Moreover, at the moment this organization is engaged in payment of payments of the famous Western Union system in the United States.

It is also worth noting that at the moment the developer already has a license to perform mobile payments, an international license for the transfer of funds and the ability to connect to a huge number of Bank accounts. In other words, the Remco project has everything for a successful start.

Official resources of the project Remco:

WEBSITE: https://www.remittancetoken.io
TELEGRAM: https://t.me/remittancetoken
WHITEPAPER: https://www.remittancetoken.io/assets/REMCO_White_Paper.pdf
ANN THREAD: https://bitcointalk.org/index.php?topic=4983198
FACEBOOK: http://facebook.com/remittancetoken/
TWITTER: http://twitter.com/RemittanceToken
REDDIT: https://www.reddit.com/user/remittancetoken/
MEDIUM: https://medium.com/@peterojo
LINKEDIN: https://www.linkedin.com/company/remittancetoken/
INSTAGRAM: https://www.instagram.com/Remittancetoken/
SLACK: https://remittancetoken.slack.com
GITHUB: https://github.com/Remittancetoken

AUTHORSHIP:
MY BITCOINTALK USERNAME: klimenok1991
MY BITCOINTALK PROFILE LINK: https://bitcointalk.org/index.php?action=profile;u=1238493
MY ETH ADDRESS: 0x90051516FC3451D7bF1b5e7D0A4486757FC81C32
UNIQUENESS 100%: https://text.ru/antiplagiat/5bf51bd436fb5