[ANN]REMCO : Worlds First Distributed Platform for Money Transfer - page 15.

faulerwilli

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Quote from: Nathan01 on October 25, 2018, 05:01:34 PM

Quote from: VBPROJECT on October 23, 2018, 11:56:10 PM

Quote from: AngelJoshua on October 23, 2018, 07:48:53 AM

Quote from: faulerwilli on October 23, 2018, 05:41:37 AM

If you look at this page: https://www.remittancetoken.io/Wallet.aspx
then it says that the wallet is live. I just can not find a link to it, can I take a look at the wallet somewhere?

Yeah, I also tried to find some link about the wallet because it's really looks like already live somewhere. Or does the admin or their team member could give us the link for it.

I'm the founder of Remco. I'll be glad to answer any questions as best as I can.

- The main project is for money transmitters, and the infrastructure is here ( https://remcosoftware.org ). These entities can provide the tokenized solution to their existing users through their current mobile app/online/agent outlet to any country.

Recipient of money will not know this is blockchain initiated transfer. This is the beauty of Remco! However, we are testing our mobile app, and we will release it before the end of the ICO.
Thanks

This part got me confused "Recipient of money will not know this is blockchain initiated transfer" how do you intend to carry this out? I mean I thought the project was suppose to run on the blockchain ecosystem how then can the participants not know that transactions happened in the blockchain ecosystem

As I understand it, Remco tokens are used to make a transfer in Fiat. The recipient then just gets money into his account, and it looks like a normal transfer.
But please correct me if I got it wrong

Nathan01

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DocTailor IEO on Zloadr

Quote from: VBPROJECT on October 23, 2018, 11:56:10 PM

Quote from: AngelJoshua on October 23, 2018, 07:48:53 AM

Quote from: faulerwilli on October 23, 2018, 05:41:37 AM

If you look at this page: https://www.remittancetoken.io/Wallet.aspx
then it says that the wallet is live. I just can not find a link to it, can I take a look at the wallet somewhere?

Yeah, I also tried to find some link about the wallet because it's really looks like already live somewhere. Or does the admin or their team member could give us the link for it.

I'm the founder of Remco. I'll be glad to answer any questions as best as I can.

- The main project is for money transmitters, and the infrastructure is here ( https://remcosoftware.org ). These entities can provide the tokenized solution to their existing users through their current mobile app/online/agent outlet to any country.

Recipient of money will not know this is blockchain initiated transfer. This is the beauty of Remco! However, we are testing our mobile app, and we will release it before the end of the ICO.
Thanks

This part got me confused "Recipient of money will not know this is blockchain initiated transfer" how do you intend to carry this out? I mean I thought the project was suppose to run on the blockchain ecosystem how then can the participants not know that transactions happened in the blockchain ecosystem

cryptossi

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★Bitvest.io★ Play Plinko or Invest!

Quote from: phantam on October 25, 2018, 04:03:57 PM

Quote from: ganeshramk on October 25, 2018, 02:23:26 PM

According to the bar plot shown in the ANN post, India is top in the list of remittances made. No doubt. It will also stay always in the top for next years also.

It's no doubt India is a massive market and a huge opportunity for crypto, theirs some blowback from government in india but i believe the regulations are finally starting to catch up to crypto slowly but surely

India will be up there as one of the world's superpowers in the next 20-25 years. They have started building the infrastructure and the business brains to take over a lot of other countries. Also, their size is enormous and they have such a large market and workforce. It's definitely a wise move to focus REMCO's target on the Indian electronic payments market as they have enormous potential.

Ace44

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Quote from: ibininja on October 25, 2018, 01:44:05 AM

Quote from: Ace44 on October 25, 2018, 01:18:16 AM

Quote from: faulerwilli on October 24, 2018, 04:03:12 PM

Quote from: nesh1 on October 24, 2018, 02:31:39 PM

I just noticed that REMCO also has an Instagram account, but they do not have a lot of followers there and no posts at all any reason for that, because it could be a great platform to get some investors in.

I do not see any sense in operating an instagram-account in the area of cryptocurrencies. Which relevant information should be communicated there?
Since I think it's much better that the founder here actively participate in the forum.
Honestly, I have not even looked at the link to instagram. The whitepaper has enough information for now

I do agree with you on that, even though i've seen a couple of brands in the blockchain industry advertising their products/ services via the channel but i still see it as not the right avenue to use in terms of advertising, here has always been a p;ace of cryptocurrency gist and has been known for such, same with other avenues like twitter, so instagram is not really the right avenue to use

Well to the clients it might be effective since many could be on Instagram and they can offer their services to those not as an ICO but as a business entity. I think they are quite active in Nigeria. So I am not sure which social channel they use the most over there.

Yea, well, according to statistics, that part of the world is very active when it comes to social networking, so i don't see that as a barrier as they have one of the largest user base when it comes to such, yea i do agree with you on the aspect of Instagram been preferable to some clients, just stating the little detail that i've noticed when it comes to ICOs

phantam

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Bountyhive.io

Quote from: ganeshramk on October 25, 2018, 02:23:26 PM

According to the bar plot shown in the ANN post, India is top in the list of remittances made. No doubt. It will also stay always in the top for next years also.

It's no doubt India is a massive market and a huge opportunity for crypto, theirs some blowback from government in india but i believe the regulations are finally starting to catch up to crypto slowly but surely

CrypticBabe

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Activity: 420

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Quote from: Sozialtourist on October 25, 2018, 12:20:23 PM

Quote from: CrypticBabe on October 25, 2018, 10:18:21 AM

Quote from: Zombie259 on October 24, 2018, 04:29:57 PM

Quote from: faulerwilli on October 24, 2018, 04:03:12 PM

Quote from: nesh1 on October 24, 2018, 02:31:39 PM

I just noticed that REMCO also has an Instagram account, but they do not have a lot of followers there and no posts at all any reason for that, because it could be a great platform to get some investors in.

I do not see any sense in operating an instagram-account in the area of cryptocurrencies. Which relevant information should be communicated there?
Since I think it's much better that the founder here actively participate in the forum.
Honestly, I have not even looked at the link to instagram. The whitepaper has enough information for now

I agree. I think the benefit and influence of Instagram for cryptocurrencies is limited. There are some better and more popular apps for sharing photos and videos.

You can't believe how paid marketing works in Instagram !
You'll have many quality Users there and many Investors use it!
Keeping them updated by Sharing Photos of team,office, their activities is always appreciate!
So Don't take Instagram for granted!

Yeah, Instagram can be a powerful platform for marketing. Just look at all these 'Influencers' there who have a huge fanbase. However for cryptos I have the feeling Twitter and Facebook have still a leading role.

may be 'TRUE".
i mean 1b people uses Insta every Year and regarding the huge number you cant deny the fact that it holds a huge number of participants!
like i said its really amazing tool for showing activities from the dev side to client side!

nxnqauff

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PG-PAY Gold Backed Token

Quote from: VBPROJECT on October 24, 2018, 11:31:51 AM

Is remco for transferring cryptocurrency assets such as bitcoin or Ethereum or for transferring fiat? Is it the crypto world western union.

Hi again,
Remco is for transferring any stored value.

Fiat, cryptocurrency asset. Any store value can be transferred using Remco. Entities using Remco get to decide what value they are transferring.
[/quote]

Nice information. Does this mean, you also convert crypto to fiat or fiat to crypto while making remitances? That would be awesome feature if it is a possibility.

ganeshramk

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According to the bar plot shown in the ANN post, India is top in the list of remittances made. No doubt. It will also stay always in the top for next years also.

ctrades31

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Activity: 392

Merit: 0

Quote from: Kinkadeinspired on October 25, 2018, 01:15:09 PM

Quote from: nesh1 on October 24, 2018, 02:31:39 PM

I just noticed that REMCO also has an Instagram account, but they do not have a lot of followers there and no posts at all any reason for that, because it could be a great platform to get some investors in.

Instagram is a great marketing platform, no doubt, but I seriously think its not a great place for crypto to thrive. You can surely take advantage of its marketing prowess but I believe cryptoverse will really prefer twitter and Instagram as a form of communication above every other social media.

It's really good to hear that they have Instagram profile also. But I am believe in generally in twitter profiles. Because on twitter we can gain lot of followers. Can we have Instagram link?

Kinkadeinspired

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Activity: 644

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Quote from: nesh1 on October 24, 2018, 02:31:39 PM

I just noticed that REMCO also has an Instagram account, but they do not have a lot of followers there and no posts at all any reason for that, because it could be a great platform to get some investors in.

Instagram is a great marketing platform, no doubt, but I seriously think its not a great place for crypto to thrive. You can surely take advantage of its marketing prowess but I believe cryptoverse will really prefer twitter and Instagram as a form of communication above every other social media.

Sozialtourist

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Activity: 686

Merit: 101

Quote from: CrypticBabe on October 25, 2018, 10:18:21 AM

Quote from: Zombie259 on October 24, 2018, 04:29:57 PM

Quote from: faulerwilli on October 24, 2018, 04:03:12 PM

Quote from: nesh1 on October 24, 2018, 02:31:39 PM

I just noticed that REMCO also has an Instagram account, but they do not have a lot of followers there and no posts at all any reason for that, because it could be a great platform to get some investors in.

I do not see any sense in operating an instagram-account in the area of cryptocurrencies. Which relevant information should be communicated there?
Since I think it's much better that the founder here actively participate in the forum.
Honestly, I have not even looked at the link to instagram. The whitepaper has enough information for now

I agree. I think the benefit and influence of Instagram for cryptocurrencies is limited. There are some better and more popular apps for sharing photos and videos.

You can't believe how paid marketing works in Instagram !
You'll have many quality Users there and many Investors use it!
Keeping them updated by Sharing Photos of team,office, their activities is always appreciate!
So Don't take Instagram for granted!

Yeah, Instagram can be a powerful platform for marketing. Just look at all these 'Influencers' there who have a huge fanbase. However for cryptos I have the feeling Twitter and Facebook have still a leading role.

Zombie259

member

Activity: 420

Merit: 11

Quote from: Getadaaa on October 25, 2018, 09:10:51 AM

Quote from: faulerwilli on October 25, 2018, 07:39:39 AM

found this picture on the remco twitter channel. I have to say, the rating of 3.65 $ I find very appealing. Especially if you look at the price in the pre-ICO. That would be a huge increase in value

Goes a long way to support the fact; pictures explain better. Thanks for sharing. It’s alway best to get in early whenever you find a project worth the investment. DYOR, next invest. There’s sometimes bonus offer for early investors.

I saw this "Fair Market Value" calculation on the REMCO website and was really amazed. Even if the future price for the Remittance Token will reach 50% of the calculated value, it would be a great investment.

gee777

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Activity: 728

Merit: 10

Quote from: AngelJoshua on October 25, 2018, 09:57:59 AM

Quote from: gee777 on October 25, 2018, 03:46:14 AM

Quote from: Owillz on October 25, 2018, 03:30:32 AM

Quote from: RyCriptoC on October 25, 2018, 12:18:32 AM

Quote from: phantam on October 24, 2018, 09:48:29 PM

I'd imagine they will have the system audited over time almost all companies have security and crypto companies go over their platforms to evaluate any wholes or issues in things like smartcontracts and platforms to assure their arent any huge holes from day 1.

A company/project who going to provide financial related services have to go through Security audit. And its must, because any loophole can cause huge damage.

Fact!! Any form of exploitation done through a lapses in the system will result to great loss and bad reputation and that can eventually discourage others from using the platform.

Read that they have been in operation for 15 years now on the traditional grounds and there has been no reports of any lapse in security, so I have faith all will go well with the new blockchain model they want to implement.

Wow, I didn't read about that they are already on operation for that 15 years. So if they are really confident that on their security that will be good but they must keep monitor and securing it. Hoping the best for them.

Sure. I believe the CTO will be very vigilant especially as it is a financial organisation that deals with transfer on money through the Internet. Security should be a top level priority.

CrypticBabe

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Activity: 420

Merit: 2

Quote from: Zombie259 on October 24, 2018, 04:29:57 PM

Quote from: faulerwilli on October 24, 2018, 04:03:12 PM

Quote from: nesh1 on October 24, 2018, 02:31:39 PM

I just noticed that REMCO also has an Instagram account, but they do not have a lot of followers there and no posts at all any reason for that, because it could be a great platform to get some investors in.

I do not see any sense in operating an instagram-account in the area of cryptocurrencies. Which relevant information should be communicated there?
Since I think it's much better that the founder here actively participate in the forum.
Honestly, I have not even looked at the link to instagram. The whitepaper has enough information for now

I agree. I think the benefit and influence of Instagram for cryptocurrencies is limited. There are some better and more popular apps for sharing photos and videos.

You can't believe how paid marketing works in Instagram !
You'll have many quality Users there and many Investors use it!
Keeping them updated by Sharing Photos of team,office, their activities is always appreciate!
So Don't take Instagram for granted!

AngelJoshua

member

Activity: 630

Merit: 10

Quote from: gee777 on October 25, 2018, 03:46:14 AM

Quote from: Owillz on October 25, 2018, 03:30:32 AM

Quote from: RyCriptoC on October 25, 2018, 12:18:32 AM

Quote from: phantam on October 24, 2018, 09:48:29 PM

I'd imagine they will have the system audited over time almost all companies have security and crypto companies go over their platforms to evaluate any wholes or issues in things like smartcontracts and platforms to assure their arent any huge holes from day 1.

A company/project who going to provide financial related services have to go through Security audit. And its must, because any loophole can cause huge damage.

Fact!! Any form of exploitation done through a lapses in the system will result to great loss and bad reputation and that can eventually discourage others from using the platform.

Read that they have been in operation for 15 years now on the traditional grounds and there has been no reports of any lapse in security, so I have faith all will go well with the new blockchain model they want to implement.

Wow, I didn't read about that they are already on operation for that 15 years. So if they are really confident that on their security that will be good but they must keep monitor and securing it. Hoping the best for them.

ibininja

member

Activity: 490

Merit: 10

From my understanding, their sister company in Nigeria does a lot of transfers and I think the could or they will find this quite handy especially that mobile payments seem quite popular there.

Getadaaa

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Activity: 448

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Quote from: faulerwilli on October 25, 2018, 07:39:39 AM

found this picture on the remco twitter channel. I have to say, the rating of 3.65 $ I find very appealing. Especially if you look at the price in the pre-ICO. That would be a huge increase in value

Goes a long way to support the fact; pictures explain better. Thanks for sharing. It’s alway best to get in early whenever you find a project worth the investment. DYOR, next invest. There’s sometimes bonus offer for early investors.

em777

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Activity: 574

Merit: 1

when you are fed up transfer your crypto to me

Quote from: RyCriptoC on October 25, 2018, 12:18:32 AM

Quote from: phantam on October 24, 2018, 09:48:29 PM

I'd imagine they will have the system audited over time almost all companies have security and crypto companies go over their platforms to evaluate any wholes or issues in things like smartcontracts and platforms to assure their arent any huge holes from day 1.

A company/project who going to provide financial related services have to go through Security audit. And its must, because any loophole can cause huge damage.

the truth about service like this is that once their security system is breached a lot of funds would be lost so its better to prepare before it is too late

ctrades31

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Onam have their whitepaper already in 9 languages. Is there any plan about release whitepaper in more languages?

ethtrader16

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Empowering crypto w/ sustainable energy

Did you heard guy's, that Remco is rated by topicolist.com? You should check below tweet which is posted by Remco on their twitter.

https://twitter.com/RemittanceToken/status/1055126569549811712?s=19

Topic: [ANN]REMCO : Worlds First Distributed Platform for Money Transfer - page 15. (Read 19210 times)