The lack of competition and inability to challenge the large Money Transfer Operators is directly responsible for the cost of remittances staying punitively high, at around 8%. Zed Network will give them good competition!
If ZED NETWORK offer less transaction fee which is mention in the whitepaper. this could be a big challenge to their competitor.
Any MTO that will used ZED platform will surely shaken their competitors because of the upgraded system and services they offer, the increase of customers for MTO is one the impact that ZED platform might do.