Proposed Real World Solutions and Data+Network architecture using XDC Protocol
Describes standards for DApps, Core Protocol, Platform, Network and Integration points
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High Remittance costs across countries. It takes forever to receive a remittance and there is an unreasonable transaction cost incurred to send the money from one country to another.
Able to access the remitted funds instantly through any Forex dealer nearby using a cash method under KYC/AML limits of UISD 3000.
$100 billion
Western Union
Transferwise
MoneyGram
Anyone who resides in outside country wants to send money back home