The multi-dimensional blockchain platform based on third-generation trust, YGGDRASH, has announced that it has entered into partnership with a blockchain-based open market remittance platform, REMIIT.
YGGDRASH is a South Korean project that develops a blockchain platform that allows blockchain experience in everyday life by solving the problem of speed and capacity. YGGDRASH has recently launched an Incubation Center, which will finance the growth of various dApps and various start-ups. Furthermore, the establishment of a profit-sharing exchange has been announced.
REMIIT is a blockchain-based open market remittance platform that uses an intelligent contract to reduce network complexity. The REMIIT token is a unified stable token that reduces the trust cost of transitions, which is a much more advantageous solution than the distributed IOU series. The REMIIT project has developed in-depth research into the space of remittances based on blockchain and the token economy. Organize an initial exchange offer on Coinis at 10:00 on November 27th.
David Seo, CEO of YGGDRASH, said: "REMIIT's remittance platform is full of potential" and "I felt a great interest in the abundant operational know-how of REMIIT in the remittance sector overseas and the high understanding of the remittance market abroad ". said: "We will strengthen the overseas remittance sector together with REMIIT in the YGGDRASH ecosystem."
The managing director of REMIIT, Stevie An, on the partnership: "Following the partnership with the agreement on the repatriation service of the HYCON ecosystem, the strategic commercial agreement with YGGDRASH and the monopoly agreement for remittances abroad have ensured the competitiveness of REMIIT's remittance platform overseas ". "We will actively exchange the technologies and business infrastructures owned by the two companies to create synergies, which will lead to the global success of REMIIT's remittance platform overseas."
The potential to allow remittances abroad to significantly reduce costs, complexity and increase the speed of negotiation and settlement processes in a secure manner has aroused the interest of the biggest names in blockchain technology. . The path to its adoption will require the resolution of problems in distributed IOU systems that many blockchain remittance projects implement. However, despite the obstacles that lie ahead, REMIIT is at the forefront of developing a high-speed shunting platform. With the help of YGGDRASH, it is expected to accelerate development and bring more transparency and efficiency.