What is REMCO about?
REMCO blockchain solution is a Tokenized money transfer platform with unparalleled speed. Designed for licensed money transmitters, REMCO’s technology platform provides money transmitters, agents and customers a proven “out-of-the” box ledger solution to move money at the speed of thought.
REMCO was carved out by the parent company that has processed 700 000 000 (700 million) USD in the last 24 months. The company holds money transmitter licenses in three US states and mobile payment licenses issued by Central Bank. The parent company process payments for Western Union and the biggest money transmitters. The off-chain version of the Tokenise money transfer method is in pilot in the states of Illinois, Georgia and Maryland, USA and on a run rate of 20 000 000 (20 million) USD by end of 2018.
What are the value drivers behind REMCO token price?
The main value driver behind REMCO token price is demand for tokens by REMCO clients. REMCO has existing clients and access to millions of subscribers from the day 1.
REMCO ICO Roadmap
Parent company Integration of Tokenized/ cashless card for termination to 22 Commercial Banks
Parent company received Money Transmission licenses in the states of Illinois, USA
Parent company received Money Transmission licenses in the states of Georgia, USA- December/2018
Tokenized/ cashless card money transfer off-chain launched in Illinois, USA
Tokenized/ cashless card money transfer off-chain launched Georgia, USA
Travelled to Tokyo, Japan for Blockchain event meeting with various blockchain innovators
Blockchain Project initiation
Blockchain infrastructure development start
Investment from Parent company
Legal adviser appointed
Parent company received Money Transmission licenses in the state of Maryland, USA
Parent company committed to the Private sale
Blockchain infrastructure development testing completed
Blockchain infrastructure to go live on or before