I have been following ReMoneta for a little while now and they seem to be an interesting new ICO coming up. Is there a person on this forum who can explain the technology behind this instant tranfer. In other cryptos that I know, transfers take a long time.

Why has it not been possible so far and is it technically possible to provide instant micropayments? I do not know much about IT, but I am trying to get really into the bottom of this project and maybe someone can provide an explanation for dummies