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
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?