REMIIT
REMIIT
Token: REMI


Blockchain Powered Remittance and Payment Platform

PreICO dates
Start date: 2018-09-17
End date: 2018-10-16

ICO dates
Start date: 2018-10-22
End date: 2018-11-25

Registrated in: Singapore

Platform: Ethereum
Type: ERC20

PREMIUM ICO

Dominium

Dominium Blockchain – The one-stop-platform for everything to do with property anywhere in the world!
Ends in 47 days 8 hours
Goal: 17,500,000 USD
Price: 1 DOM = 0.25 EUR

HARA

Empowering billions by utilizing a global and transparent data exchange.
Ends in 16 days 8 hours
Goal: 17,000,000 USD
Price: 1 HART = 0.059 USD
REMIIT categories
Banking Cryptocurrency Investment
REMIIT whitepaper
Video
REMIIT token sale
KYC passing required Yes | Whitelist Yes | Restriction for countries China,Iran,Iraq,Singapore,USA
Soft cap $5000000
Hard cap $20000000
Tokens for sale 2400000000
Token distribution in ICO
40%
40%
Minimal investment 0.5 ETH
Acceppting ETH
Bonus in ICO Pre ICO Week 1,2 - 20% Week 3,4 - 15% Main ICO Week 1 - 10% Week 2 - 5% Week 3,4 - 0%
REMIIT news, social
REMIIT search trends in Google
Random whitepaper excerpts

CONTENTS
Intro
01
Background
02
Problem
03
Solution
06
-Remit Eco System
Why now?
10
-Blockchain
Market potential
11
-Remittance Market Size
-Remittance business scalability :: Payment Business
-Scenario
REMIIT Component
16
-Remiit Smart Contract (RSC)
-Remiit Payment Gateway Protocol (RPGP)
-Remi token
-Remiit service
Team
29
Roadmap
32
Distribution
34
...

INTRO
Background
Problem
Solution
Why now?
Intro
I am hoping to give you a teleportation portal (or path). This path is not the path that many have used,
it is a path only for you.
If you have curiosity about a new world and the enthusiasm to fulfill it, you will no longer be required
to compete with anyone on your existing path or take a loop around it.
If you choose the final destination of the path, we will provide you with the means of opening it.
The open path will take you to your final destination in a blink of an eye and allow you to achieve your
purpose.
It is a way not only removing obstacles or preventing you from taking the wrong paths, but it is a path
only for you that does not get exposed to trivial dangers.
Even the cost of reaching the destination is incomparably cheaper than the path you used to know.
We hope to provide you with this path.
Through this path, you will be able to find business partners, easily find overseas goods at your door ...

Intro
BACKGROUND
Problem
Solution
Why now?
Background
[Executive Surmmary]
As we face Globalization, various barriers between countries have been lowered and the global interaction of
people and goods have become more convenient. Especially due to the development of the internet, the
number of overseas remittance and payment transactions is rapidly increasing. (The market size of more than
$650 Billion will be covered in [Market Potential].)
While such a huge market has spurred monopolistic financial institutions, the barriers between users are still
high and transparency continues to be a consistent problem.
First, 'overseas remittance' transactions are slow and ineffective because of systems like the SWIFT network
while Money Transfer Operators (MTOs) such as banks and non-bank fintech companies have limitations in
scalability and expandability. Furthermore, the 'exchange rate' that emerges when discussing global finance is
changing in as we read depending on the ...

Intro
Background
PROBLEM
Solution
Why now?
Problem
We have briefly discussed above that the existing overseas remittance and payment methods have a variety of
problems. These are real stories attributable to the current economic structures and lifestyles, which have
been viewed as problems that have been repeatedly and continually raised by numerous companies that have
already worked on blockchain-based solutions. The core problems raised are overseas remittances having
expensive fees and slow transaction speeds. These companies have each suggested various solutions against
these issues.
Before further discussing these issues, we need to turn our attention to the simple question:
What is 'Remit-
tance'?
'Remittance' simply means sending out money. However, this is a lexical meaning in the dictionary. From the
perspective of businesses, remittances cover not only a simple transfer, but also payments and further extends
to
'what happens when we send and re...

Intro
Background
PROBLEM
Solution
Why now?
1-2.
Security issues are also a serious threat because of hacking. The amount of loss in annual remittanc-
es is also steadily increasing due to the use of SWIFT network. One recent example is 2016 Bangla-
desh bank robbery that involved the SWIFT network and amounted to US$81 million. Authorities
also suspect that North Korea was involved in that incident.
1-3.
Players wishing to participate i n overseas remittances business are required to cooperate with
partners from other countries. In order to establish business alliances between money transfer
operators, trust is essential, and verification of this trust requires a great deal of time and effort. This
is the reason why operators (except for monopolistic financial institutions) have difficulty in expand-
ing its business and improving its services.
- *KYC/AML is intended to verify the reliability of multilateral such as 'Individual-Company-MTO'
in overseas transact...

Intro
Background
PROBLEM
Solution
Why now?
2-2.
Sales of allied players participating in the overseas remittances business are also less cost-effective.
The tremendous amount of efforts to be exerted to find a reliable partner overseas are far too risky
because nothing guarantees that an alliance will be formed. (Traveling overseas to find a reliable
company requires a certain amount of money and time.)
2-3.
Technological investments for security also result in high costs. This leads to an inefficient structure
where all related cost goes back to the remittance/payment participants.
3. Infrastructure issue
(right to have various services and market scalability)
Consumers have the right to be supplied with a variety of services. In order to get better and more
diverse services, we need to move away from the monopolized and centralized systems; the
overseas remittance/settlement infrastructure is likely to expand further.
3-1.
Every user would want...

Intro
Background
Problem
SOLUTION
Why now?
Solution ::
Remiit Eco System
REMIIT intends to innovate the business of 'what happens when we send and receive something' from a new
perspective. This is where REMIIT's own Ecosystem based on blockchain technology comes into place.
At the heart of the overseas remittances/payment, there lies the foreign exchange for remittance process.
REMIIT has designed the
REMIIT Smart Contract (RSC)
to make the process to scale efficiently. Each partici-
pant in the REMIIT Ecosystem are placed at the center of the business relationship. To do this, the REMIIT Smart
Contract (RSC) with the
REMIIT Payment Gateway Protocol (RPGP)
have combined to expand to 'payment'
through the remittance platform.
With this infrastructure of these ecosystems, each participant can create a variety of channels to overcome
existing problems. Ultimately, the limitations of the previous foreign exchange ecosystem will be overcome by
<...

Intro
Background
Problem
SOLUTION
Why now?
2. REMI-REMD 2-Tier Token System: How to solve the Crypto Paradox
REMIIT intends to provide REMD as the intermediary currency of the key tool, RSC(REMIIT Smart
Contract). In order for REMD to function reliably as an intermediary currency, a detailed and system-
atic design is required. Inevitably, cryptocurrency is bound to rely on external exchanges for
exchanging, which can lead to fluctuations thus threatening stability of the price. We named this
contradictory situation the 'Crypto Paradox' and designed the external cryptocurrency REMI and
the internal cryptocurrency REMD to solve the external price fluctuations and the duality of the
internal business ecosystem. First, REMI has a control function for the stability of REMD as a buffer
for external markets and a tool for policy implementation in the internal market. With the help of
REMI, REMD gains the foundation of stability for internal business operations and secures liquidity
<...

REMIIT Roadmap

1
2018 Q3
Private-sale
Pre-sale.
2
2018 Q4
Crowd-sale
KYC/AML.
3
2019 Q1
REMIIT Smart Contract (RSC) MVP
REMIIT Wallet MVP.
4
2019 Q2
REMIIT DEX MVP.
5
2019 Q3
REMIIT Linker Protocol (RLP) SDK
REMIIT Linker Applications
Partnership with Main Linkers.
6
2019 Q4
RSC launch
REMIIT Wallet launch
REMIIT DEX for Main Linkers launch.
7
2020 Q2
REMIIT DEX Expansion.
8
2020 Q3
REMIIT Payment Gateway Protocol (RPGP) MVP.
9
2020 Q4
Partnership with Main Payment Providers.
10
2021 Q1
RPGP launch
Service Expansion
Partnership for the future EcoSystem.
Tae Won Kim
Advisor Tae Won Kim

Israel Keys
Advisor Israel Keys

Ueda Shin
Advisor Ueda Shin

David Seo
Advisor David Seo

Jin Wan Cho
Advisor Jin Wan Cho

Kwon Gi Mun
Advisor Kwon Gi Mun

Peter Ryu
Advisor Peter Ryu

Ryan Moon
Team Ryan Moon CXO

Stevie An
Team Stevie An CEO

Logan Hong
Team Logan Hong CTO

Jay Jung
Team Jay Jung CFO

Danny Kim
Team Danny Kim Global Remittance Manager

Yuchao Li
Team Yuchao Li Business Development Manager

Hank Shin
Team Hank Shin Marketing & PR Manager

Remy Lobos
Team Remy Lobos Remittance Assistant Manager

Freend Choi
Team Freend Choi Blockchain Engineer

Hunter Shin
Team Hunter Shin Blockchain Engineer

Joey Lee
Team Joey Lee Blockchain Engineer

Arup Ghosh
Team Arup Ghosh Blockchain Engineer

Danny Kim
Danny Kim
Global Remittance Manager
David Seo
David Seo
CEO and Co-Founder
Sales Director
Hank shin
Hank shin
BlockBank Co., Ltd. Global Marketing Associate
Israel Keys
Israel Keys
CEO & Founder
Joey Lee
Joey Lee
Blockchain Engineer
Peter Ryu
Peter Ryu
CTO and Co-Founder
Ryan Moon
Ryan Moon
CXO
UX/UI Designer
Stevie An
Stevie An
CEO
Global Sales Manager