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      "title": "REMIIT is a decentralized remittance and payment platform that means to go about as an impetus of globalization through the blockchain.",
      "body": "Remiit is to disrupt the entire of the worldwide remittance advertise utilizing the blockchain innovation, through the REMIIT Smart Contract (RSC).\nPublished on September 28, 2018\n![](https://cdn.steemitimages.com/DQmTUQiMoP92mQcTcDwCk7xWif595WSzG7pSY2pGUGBNFqY/image.png)\n![](https://cdn.steemitimages.com/DQmXDzaVNE9aHPyCcjqh7wN8adT3277Z2pGn3b2iUZsTfwH/image.png)\n\n![](https://cdn.steemitimages.com/DQmXWo9o7N8uKAT9gBFDm3gyYWNy4yx1d9dYtS51Bb4758L/image.png)\nABOUT REMIIT\nREMIIT is a decentralized remittance and payment platform that means to go about as an impetus of globalization through the blockchain. REMIIT interfaces different businesses and clients through a trust-based Smart Contract System. REMIIT tries to permit business scalability of businesses in the Money Transfer Sector and give clients a cheap and transparent process with esteem solidness through the 2-Tier token framework. REMI is the token exchanged trades and plays out an utility part that converts to REMD. REMD is the token which is utilized in the overseas blockchain remittance system.\n\nThe primary point of Remiit is to disrupt the entire of the worldwide remittance advertise utilizing the blockchain innovation, through the REMIIT Smart Contract (RSC). This platform is configurable notwithstanding being advanced for the remittance benefit. The platform enables remitters to encounter transparent procedures when utilizing the REMIIT system.\n\n\nFor the service to extend up to payment, the platform incorporates the REMIIT payment Gateway Protocol, which is a creative system added to the REMIIT Smart Contract System. The payment provider will then have the capacity to do the enhancement of their business, and they will have the capacity to conquer the issues that they would not have defeated already.\n\nREMIIT FEATURES\nRSC (REMIIT Smart Contract): The RSC system gives affordable fees and expanded networks for all the participants who may be using remittance services.\n\nREMI Token: REMI is a token used within the platform to make the whole of the REMIIT ecosystem robust and active.\n\nRPGP (REMIIT Payment Gateway Protocol): The providers use this interface for payments through the system.\n\nThe RSC store: for data storage\n\n\n\n\nREMIIT BENEFITS\nThe users of the system can manage the credit ratings that are generated from the blockchain transaction, allowing them to manage their credibility and enjoy several other benefits.\n\nThe participants in the system are evaluated regarding reputation, helping to flush out possible frauds in the system.\n\nThe team behind the REMIIT system is a great one with vast experience to propel it forward.\n\nImportantly, the optimized algorithms make the process fast and easy.\n\nBesides, it is cheap and affordable to use.\n\nBased on experience as BluepanNet (MTO), we have discovered many issues in overseas remittances.\n\nRemit want to resolve it:\n\nBlockchain Integration to the current commercial systems.\nStabilizing the Token with a sophisticated Token Economy.\nDevelop an Infrastructure for Linkers (e.g MTO, Financial Institution).\n🎥 Video presentation:\n\nTHE REMIIT PLATFORM & TECHNOLOGY\n\nBlockchain Adoption\n\nThe money transfer and payment sector is not as friendly or open to the current adoption of decentralization and P2P interactions. However this area of services are the most crucial aspects that should be adopted by the blockchain. 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