24 Oct 2018

REMCO - Platform provides money transmitters, agents and customers a proven "out-of-the" box ledger solution to move money at the speed of thought.


REMCO blockchain solution is a Tokenized money transfer platform with unparalleled speed, designed for licensed money transmitters. REMCO's technology platform provides money transmitters, agents and customers a proven "out-of-the" box ledger solution to move money at the speed of thought.

REMCO's technology platform provides money transmitters, agents and customers a proven "out-of-the" box ledger solution to move money at the speed of thought. It's a Powerful Distributed Token-Generating Platform for Money Transfer. The REMCO Token Generating Platform’s APIs to allow any licensed money transmitter to mint programmable Tokens to move value and leverage distributed ledger advantages at speed and scale, while also offering innovative compensation to all transaction stakeholders.

The parent company has many jurisdictional money transmitter licenses in the USA and CBN licenses for mobile payment and international money transfers. These businesses will be the first client of REMCO post-launch ensuring instant usage of REMCO's blockchain infrastructure.
Peter Ojo, also VTNGlobal's CEO, has a history of taking first mover advantage with FinTech solutions deployed in Nigeria that still lead in that market. His Nigerian company, VTNetwork Limited, holds two licenses with the Central Bank of Nigeria for mobile payments and international money transfer, in a country of over 180 million population, where most are unbanked.

The company also plans an initiative that may have an even larger industry-wide impact. It will apply for a national bank charter in the USA, a new designation recently announced from The Office of the Comptroller of the Currency and will launch an MSB-centric bank, to serve the needs of licensed MSBs across the USA. Remco has big plans with an ICO this Fall that will build out the RemittanceToken platform capabilities, and fund rapid expansion across the USA and into many more markets.

Roadmap

August 2017
- Parent company Integration of Tokenized/ cashless card for termination to 22 Commercial Banks

November 2017
- Parent company received Money Transmission licenses in the states of Illinois, USA

December 2017
- Parent company received Money Transmission licenses in the states of Georgia, USA- December/2018

January 2018
- Tokenized/ cashless card money transfer off-chain launched in Illinois, USA

February 2018
- Tokenized/ cashless card money transfer off-chain launched Georgia, USA

March 2018
- Travelled to Tokyo, Japan for Blockchain event meeting with various blockchain innovators

June 2018
- Blockchain Project initiation

July 2018
- Blockchain infrastructure development start
- Investment from Parent company

August 2018
- Legal adviser appointed

September 2018
- Parent company received Money Transmission licenses in the state of Maryland, USA

October 2018
- Parent company committed to the Private sale

November 2018
- Blockchain infrastructure development testing completed

April 2019
- Blockchain infrastructure to go live on or before

Token Information
Token REMCO
PreICO Price 1 REMCO = 0.06 USD
Price 1 REMCO = 0.08 USD
Platform Ethereum
Accepting ETH, BTC, BCH, VCASH
Soft cap 6,000,000 USD
Hard cap 60,000,000 USD
Country USA
Whitelist/KYC KYC
Restricted areas Iran, North Korea

Contact Author
User Name : iulius99
Bitcoin Profile : https://bitcointalk.org/index.php?action=profile;u=156562
ETH : 0x3ddE644022ecbe3AE546424eC090d1f2Ac821877

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