Sending money internationally is costliest for migrant populations due to inadequate access to financial services.
The application is geared towards people living in North and South America who want to remit money to recipients across country borders. The solution provides a more convenient and cost-effective way for people to pay bills, transfer money, recharge phones, and provide for their loved ones as if they were in their home country.
Transactions references are synchronized almost instantly between all blockchain nodes, reducing the delays and costs associated with correspondent banks.
Guaranteed integrity and security for user data and transactions and a complete audit trail for every document.
Through the distributed architecture, data generated in different countries/regions can be stored and shared in ways that comply with local and international standards.