Topic: [ANN]REMCO : Worlds First Distributed Platform for Money Transfer - page 17. (Read 19234 times)
October 24, 2018, 01:31:39 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.
October 24, 2018, 12:46:07 PM
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?
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
First of all. Thanks for taking the time to answer our questions here. I can imagine that you are quite busy with the preparation for the ICO.
There is one thing I am still a bit confused. The Remittance tokens will be on the Ethereum blockchain, right? And when a new token is generated, will it be an ERC20 token, too? Or will you build an own blockchain for this (multichain blockchain?)?
Sure I'll explain as best as I can.
Remember we are all about a practical solution that can actually work in this industry.
We have two token model: There is the utility and asset token (ERC 20)
The utility is internally built, and transaction recording is on multichain.
As a money transmitter, there can be no delays, third-party verification, fluctuation in value for each transaction otherwise such blockchain solution will never work for remittance. i.e., Bitcoin
To avoid the fate of other solutions which ultimately could not be used for real-time money transmission, we came up with Remco.
Thanks
Okay, so the asset token will be for sending money. Does this mean that there has to be a new asset token created for every transfer of money?
The asset token is like company shares, while the utility token is for sending money in real-time to bank accounts and mobile wallets globally.
October 24, 2018, 12:26:49 PM
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?
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
First of all. Thanks for taking the time to answer our questions here. I can imagine that you are quite busy with the preparation for the ICO.
There is one thing I am still a bit confused. The Remittance tokens will be on the Ethereum blockchain, right? And when a new token is generated, will it be an ERC20 token, too? Or will you build an own blockchain for this (multichain blockchain?)?
Sure I'll explain as best as I can.
Remember we are all about a practical solution that can actually work in this industry.
We have two token model: There is the utility and asset token (ERC 20)
The utility is internally built, and transaction recording is on multichain.
As a money transmitter, there can be no delays, third-party verification, fluctuation in value for each transaction otherwise such blockchain solution will never work for remittance. i.e., Bitcoin
To avoid the fate of other solutions which ultimately could not be used for real-time money transmission, we came up with Remco.
Thanks
Okay, so the asset token will be for sending money. Does this mean that there has to be a new asset token created for every transfer of money?
October 24, 2018, 11:17:22 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?
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
i really liked the fact that the Recipient of money will now how this money got into its country or to him!
that made me wonder if you're planing on spreading countries where Crypto currency is banned?
Yes. The World's First Powerful Distributed Token-Generating Blockchain Platform for Money Transfer. Jurisdiction and Money Transmission Flow Agnostic.
Remco's global architecture allows it to terminate Fiat even though the entry is Crypto and vice versa.
Thanks
October 24, 2018, 11:08:50 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?
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
i really liked the fact that the Recipient of money will now how this money got into its country or to him!
that made me wonder if you're planing on spreading countries where Crypto currency is banned?
October 24, 2018, 10:55:32 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?
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
Hi there, thanks for taking out time to answer questions here. Remco is doing a great work by taking money transfers to the blockchain, but I'll like to ask, how will it be possible that recipient won't know that the transfer is initiated by blockchain?
October 24, 2018, 10:31:51 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?
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
First of all. Thanks for taking the time to answer our questions here. I can imagine that you are quite busy with the preparation for the ICO.
There is one thing I am still a bit confused. The Remittance tokens will be on the Ethereum blockchain, right? And when a new token is generated, will it be an ERC20 token, too? Or will you build an own blockchain for this (multichain blockchain?)?
Sure I'll explain as best as I can.
Remember we are all about a practical solution that can actually work in this industry.
We have two token model: There is the utility and asset token (ERC 20)
The utility is internally built, and transaction recording is on multichain.
As a money transmitter, there can be no delays, third-party verification, fluctuation in value for each transaction otherwise such blockchain solution will never work for remittance. i.e., Bitcoin
To avoid the fate of other solutions which ultimately could not be used for real-time money transmission, we came up with Remco.
Thanks
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.
October 24, 2018, 09:32:21 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?
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
First of all. Thanks for taking the time to answer our questions here. I can imagine that you are quite busy with the preparation for the ICO.
There is one thing I am still a bit confused. The Remittance tokens will be on the Ethereum blockchain, right? And when a new token is generated, will it be an ERC20 token, too? Or will you build an own blockchain for this (multichain blockchain?)?
Sure I'll explain as best as I can.
Remember we are all about a practical solution that can actually work in this industry.
We have two token model: There is the utility and asset token (ERC 20)
The utility is internally built, and transaction recording is on multichain.
As a money transmitter, there can be no delays, third-party verification, fluctuation in value for each transaction otherwise such blockchain solution will never work for remittance. i.e., Bitcoin
To avoid the fate of other solutions which ultimately could not be used for real-time money transmission, we came up with Remco.
Thanks
Is remco for transferring cryptocurrency assets such as bitcoin or Ethereum or for transferring fiat? Is it the crypto world western union.
October 24, 2018, 08:24:12 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?
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
First of all. Thanks for taking the time to answer our questions here. I can imagine that you are quite busy with the preparation for the ICO.
There is one thing I am still a bit confused. The Remittance tokens will be on the Ethereum blockchain, right? And when a new token is generated, will it be an ERC20 token, too? Or will you build an own blockchain for this (multichain blockchain?)?
Sure I'll explain as best as I can.
Remember we are all about a practical solution that can actually work in this industry.
We have two token model: There is the utility and asset token (ERC 20)
The utility is internally built, and transaction recording is on multichain.
As a money transmitter, there can be no delays, third-party verification, fluctuation in value for each transaction otherwise such blockchain solution will never work for remittance. i.e., Bitcoin
To avoid the fate of other solutions which ultimately could not be used for real-time money transmission, we came up with Remco.
Thanks
Thanks for the information.
It’ll be a utility token, used by money transmitters on their platform. They pay for Using REMCO service on their platform in tokens. But users don’t need to know there’s a Blockchain technology involved.
Also there’s an asset token, ERC20 based, which would be trading on exchanges.
Are these tokens same?
No, they are not the same. The utility token is strictly utility and drives the asset token, however, the asset token can be used to move value on the network with an exchange bridge in between.
October 24, 2018, 08:17:46 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?
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
First of all. Thanks for taking the time to answer our questions here. I can imagine that you are quite busy with the preparation for the ICO.
There is one thing I am still a bit confused. The Remittance tokens will be on the Ethereum blockchain, right? And when a new token is generated, will it be an ERC20 token, too? Or will you build an own blockchain for this (multichain blockchain?)?
Sure I'll explain as best as I can.
Remember we are all about a practical solution that can actually work in this industry.
We have two token model: There is the utility and asset token (ERC 20)
The utility is internally built, and transaction recording is on multichain.
As a money transmitter, there can be no delays, third-party verification, fluctuation in value for each transaction otherwise such blockchain solution will never work for remittance. i.e., Bitcoin
To avoid the fate of other solutions which ultimately could not be used for real-time money transmission, we came up with Remco.
Thanks
Thanks for the information.
It’ll be a utility token, used by money transmitters on their platform. They pay for Using REMCO service on their platform in tokens. But users don’t need to know there’s a Blockchain technology involved.
Also there’s an asset token, ERC20 based, which would be trading on exchanges.
Are these tokens same?
October 24, 2018, 08:06:08 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?
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
Thank you for taking the time to answer our questions. It's nice to see the founder personally engage in the discussion. Often there is no answer, or the thread is maintained by any external who has no idea about the project.
good to see that this is different here. This creates confidence and makes an investment even more interesting for me
October 24, 2018, 07:40:49 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?
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
First of all. Thanks for taking the time to answer our questions here. I can imagine that you are quite busy with the preparation for the ICO.
There is one thing I am still a bit confused. The Remittance tokens will be on the Ethereum blockchain, right? And when a new token is generated, will it be an ERC20 token, too? Or will you build an own blockchain for this (multichain blockchain?)?
Sure I'll explain as best as I can.
Remember we are all about a practical solution that can actually work in this industry.
We have two token model: There is the utility and asset token (ERC 20)
The utility is internally built, and transaction recording is on multichain.
As a money transmitter, there can be no delays, third-party verification, fluctuation in value for each transaction otherwise such blockchain solution will never work for remittance. i.e., Bitcoin
To avoid the fate of other solutions which ultimately could not be used for real-time money transmission, we came up with Remco.
Thanks
October 24, 2018, 07:26:06 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?
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
First of all. Thanks for taking the time to answer our questions here. I can imagine that you are quite busy with the preparation for the ICO.
There is one thing I am still a bit confused. The Remittance tokens will be on the Ethereum blockchain, right? And when a new token is generated, will it be an ERC20 token, too? Or will you build an own blockchain for this (multichain blockchain?)?
October 24, 2018, 07:23:09 AM
Works for me as well and have to agree they at least put time into their white paper I’ve seen so many projects put next to 0 effort into their whitepaper not realizing just critical of a peice of their company and project it is
yeah, i believe whitepaper is the first document any serious investor would go through like you said i urge them to place serious emphasis on it. they could translate it to many more language
I did not see any YouTube account on their homepage either.
They seem not to have a special YouTube account but on a closer look and search on YouTube you will find couple of review videos about Remco for instance this https://www.youtube.com/watch?v=Fn3cCLm76tk
Ya I’ve seen those but I think it’s important the team spin up their own channel and post things like interviews and ads and reviews to it and start building a subscriber following as it’s a great market to get investors
Whitepaper is like blueprint for any project. That normally have everything what team wants to do. And how it's going to work. So that should be properly documented.
Channel coming up
Here is a video
https://www.youtube.com/watch?v=OgfqCEDRcUA
October 24, 2018, 06:31:20 AM
this project has the latest system and in my opinion this will require considerable support I also want to know whether the system has been tested for security or not?
I believe some level of security test has been done and also being still in its early stage, more testing will be done as we progress and further developments take place
i have no idea they have carried out some security test i would really want to read about it do you have any link to any material video or article.
Yeah, They are giving a services related to money transfer and before they fully launch or implement it they must really know that it will going to be a 101% secured to avoid having problems.
October 24, 2018, 05:45:59 AM
Works for me as well and have to agree they at least put time into their white paper I’ve seen so many projects put next to 0 effort into their whitepaper not realizing just critical of a peice of their company and project it is
yeah, i believe whitepaper is the first document any serious investor would go through like you said i urge them to place serious emphasis on it. they could translate it to many more language
I did not see any YouTube account on their homepage either.
They seem not to have a special YouTube account but on a closer look and search on YouTube you will find couple of review videos about Remco for instance this https://www.youtube.com/watch?v=Fn3cCLm76tk
All round, it's a good thing that they are taking advantage of social media. It shows how serious they are about putting themselves out there. This is one of the signs of a project that believes fully in itself
October 24, 2018, 05:34:51 AM
this project has the latest system and in my opinion this will require considerable support I also want to know whether the system has been tested for security or not?
I believe some level of security test has been done and also being still in its early stage, more testing will be done as we progress and further developments take place
i have no idea they have carried out some security test i would really want to read about it do you have any link to any material video or article.
October 24, 2018, 05:27:20 AM
Works for me as well and have to agree they at least put time into their white paper I’ve seen so many projects put next to 0 effort into their whitepaper not realizing just critical of a peice of their company and project it is
yeah, i believe whitepaper is the first document any serious investor would go through like you said i urge them to place serious emphasis on it. they could translate it to many more language
I did not see any YouTube account on their homepage either.
They seem not to have a special YouTube account but on a closer look and search on YouTube you will find couple of review videos about Remco for instance this https://www.youtube.com/watch?v=Fn3cCLm76tk
Yeah, I just watched some the project reviews and it's really good that some people know what will be the advatanges of REMCO to other money transfer companies.
From the details they have on their website it should attract many given they processed $700 million in 24 months. I mean imagine processing that much with the token. The token would basically create the demand on its own. Assuming of course the same number of transactions happen with the token.
October 24, 2018, 05:14:49 AM
Works for me as well and have to agree they at least put time into their white paper I’ve seen so many projects put next to 0 effort into their whitepaper not realizing just critical of a peice of their company and project it is
yeah, i believe whitepaper is the first document any serious investor would go through like you said i urge them to place serious emphasis on it. they could translate it to many more language
I did not see any YouTube account on their homepage either.
They seem not to have a special YouTube account but on a closer look and search on YouTube you will find couple of review videos about Remco for instance this https://www.youtube.com/watch?v=Fn3cCLm76tk
Ya I’ve seen those but I think it’s important the team spin up their own channel and post things like interviews and ads and reviews to it and start building a subscriber following as it’s a great market to get investors
Whitepaper is like blueprint for any project. That normally have everything what team wants to do. And how it's going to work. So that should be properly documented.
That's great if you really wanna learn about this project incase of investing or just learnin!
October 24, 2018, 04:46:53 AM
Works for me as well and have to agree they at least put time into their white paper I’ve seen so many projects put next to 0 effort into their whitepaper not realizing just critical of a peice of their company and project it is
yeah, i believe whitepaper is the first document any serious investor would go through like you said i urge them to place serious emphasis on it. they could translate it to many more language
I did not see any YouTube account on their homepage either.
They seem not to have a special YouTube account but on a closer look and search on YouTube you will find couple of review videos about Remco for instance this https://www.youtube.com/watch?v=Fn3cCLm76tk
Yeah, I just watched some the project reviews and it's really good that some people know what will be the advatanges of REMCO to other money transfer companies.
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