Sibcoin Brings Decentralized Remittance Service to People

in cryptocurrency •  7 years ago 

The Sibcoin team has announced the launch of Perevod.io, a decentralized service for international money remittances.

The service allows two parties to send each other fiat money through Sibcoin-supporting exchanges and requires no specific experience with cryptocurrencies, which fulfills the project’s promise of bringing cryptocurrencies closer to people.

Perevod.io is applicable in numerous use cases, including operation in underbanked countries, bypassing international sanctions imposed on financial services, and avoiding excessive transaction fees inherent in traditional money remittance services.

Read more here: http://bitcoinist.com/sibcoin-launches-a-decentralized-service-for-international-remittances/

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Lots of innovation in the crypto space...however we have to be careful, Also read: The fears in Crypto currencies : Etherium downfall to 0.10 USD : https://steemit.com/steem/@charles1/the-fears-in-crypto-currencies-etherium-plunge

thanks for sharing and stay in touch.

Interesting development. Thanks for sharing!

sounds really cool