Migrants, Blockchain and a better LIFE !

The current system of remittances are not fair to the migrants. However, hope is lit with the decentralised ledger technology.

Blockchain based financial transfers are cheaper and therefore, more affordable for migrants. For example, using Bitcoin, the transaction charges as seen in traditional MTOs, can be slashed down to 1 percent. Bitcoin-to-Bitcoin transfer offers minimal transfer costs when compared to MTOs. Conversion of bitcoins to local currency will not cause loss in the value of amount the migrants send. This way not more than a penny of their hard earned money is wasted.

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Accubits Technologies is an enterprise solutions development company focusing on AI and Blockchain technologies, based in Virginia, USA. https://accubits.com/

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Accubits Technologies Inc

Accubits Technologies Inc

31 Followers

Accubits Technologies is an enterprise solutions development company focusing on AI and Blockchain technologies, based in Virginia, USA. https://accubits.com/