Facilitating cross-border settlements and remittances is a great use for blockchain-based technologies such as ZED Network. More information
https://zed.networkThat is true and because of blockchain technology more people will trust the system that involves money transfer as it became transparent to all of its users or customers.
Many years ago, in 2011, Bill Gates wrote about remittances in the
washingtonpost.com such opinion:
If the transaction costs on remittances worldwide were cut from an average of 10 percent to an average of 5 percent, it would unlock $15 billion a year in poor countries.
This is where ZED is going to materialize and tokenize his thoughts, saving our money!