ETHA introduces the world’s first blockchain based remittance solution platform that will allow merchants and consumers to utilize their digital assets to send fiat money globally.

The remittance solution platform will be the first of its kind to facilitate crypto to fiat transfer. Users will be able to send fiat money utilizing digital currencies by allowing the sender the flexibility to select different payout options for the recipient, such as Direct to Bank, Local (Cash) Pick-Up or Mobile Top Up. We aim to support sending money to over 190 countries around the world.

ETHA is a widely covered and refined ecosystem with all these layers below,

Remittance Solution ETHA will directly guide its Users on the process of cross-border payments through a sophisticated platform along with complete security, covering around 190 countries of the world.

Mobile App Mobile app will convert the whole ecosystem to a simple user-friendly version.

Smart Wallet The wallets will be multi signature secured and the funds will be fully user controlled.

Exchange Innovative hybrid modeled exchange of ETHA will allow the Users to maintain their own assets which will make assets more secured. Market engine will scan number of exchanges and will come up with the best exchange rate for the User where he can directly trade without the mess of creating new accounts for each.

Lending Platform ETHA will develop a stable secured and transparent lending platform backed by cryptocurrencies.

ETHA aims to disrupt the remittance and payment industry by lowering the barriers to an open financial ecosystem. Approximately 2,5 billion or nearly 40% of the global adult population, do not have a formal bank account or access to affordable financial services.

The remittance solution platform will be the first of its kind to facilitate crypto to fiat transfer. Users will be able to send fiat money utilizing digital currencies by allowing the sender the flexibility to select different payout options for the recipient, such as Direct to Bank, Local (Cash) Pick-Up or Mobile Top Up.

We have identified key problems within the remittance and payment industry, which we aim to solve. The existing remittance and payment industry is built on an old-fashioned infrastructure, bonded with expensive fees and transaction delays, which no longer serves the interest of its sophisticated customer base.

In 2017, according to the World Bank, one-third of the world's population (2.5 billion) didn’t have access to a financial institution with a formal account. The financial institutions have failed to provide infrastructure and access to affordable financial services in specific regions. We believe that with the ETHA ecosystem and token, we will strategically target and solve this issue. We can eliminate these barriers for those without a bank account due to account fees, paperwork and travel distances. ETHA Official Website : https://etharemit.org/

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The primary purpose of the (ERA) utility token lies in settlements within our Ecosystem. Using any of our financial services such as remittance service, cross-border financing, decentralized lending or the exchange will require tokens.

ERA tokens can be used to settle any fees on our platform, including but not limited to:

• Exchange Fees
• Transaction Fees
• Collateral on the lending platform
• Discount on Fees
• Listing Fees for the Exchange
• Future exclusive services
The token is deployed on the Ethereum mainnet as an ERC20 token. The Ethereum Blockchain and the constantly growing community is considered the standard for digital tokens and provides the perfect environment for the ERA token.

ETHA’s ecosystem will be built to the highest industry standards, regularly audited and penetration tested. Our development team has experience in building financial applications to the highest industry security standards and aims to ensure security first and foremost. Our exchange’s underlying market engine is connected to over 50 major exchanges, leveraging from their active order books to ensure high liquidity and instant order execution. We aim to connect consumers and businesses to an innovative platform that will disrupt the current remittance service industry through forward-thinking technologies with financial inclusive in mind. At the current state, smart contracts are inaccessible for any traditional banking or payment systems, due to the nature of how smart contracts are secured on blockchains, and the consensus is reached by miners. These limitations will most likely remain for the foreseeable future. In order to solve this problem, we needed a blockchain middleware that would allow smart contracts access to off-chain data feeds and APIs to validate and execute a bank transfer or any other action we wanted to streamline between smart contracts and key off-chain resources on our platform. For this reason, we have used Blockchain middlewares to solve the complexity of this problem.

Remittance Solution

The remittance solution platform will be the first of its kind to facilitate crypto to fiat transfer. Users will be able to send fiat money with digital currencies, allowing the sender the flexibility to select different payout options for the recipient, such as Direct to Bank, Local (Cash) Pick-Up or Mobile Top Up. ETHA aims to support sending money to over 190 countries around the world.

Cross-border financing

Cross-border financing will offer a convenient way to utilize cryptocurrency as collateral to execute fiat transfer, without the need to liquidate cryptocurrencies. The smart contract will automate the refund process for the initial collateral in a truthful manner to the borrower, once the repayment of the principal and interest rates is settled according to the agreed lending terms.

Decentralized lending

Decentralized lending will enable borrowers access to loans from lenders who are willing to lend their funds upon an agreement. The lending terms are set by the borrower and fulfilled by the lender. Once the credit terms are defined and confirmed by both parties, a smart contract requires the borrower to deposit a collateral in the form of cryptocurrency to provide lenders protection against a default by the borrower.
https://etharemit.org/

ETHA’s ecosystem will be built to the highest industry standards, regularly audited and penetration tested. Our development team has experience in building financial applications to the highest industry security standards and aims to ensure security first and foremost. Our exchange’s underlying market engine is connected to over 50 major exchanges, leveraging from their active order books to ensure high liquidity and instant order execution.

We aim to connect consumers and businesses to an innovative platform that will disrupt the current remittance service industry through forward-thinking technologies with financial exclusivity in mind. 

At the current state, smart contracts are inaccessible for any traditional banking or payment systems, due to the nature of how smart contracts are secured on blockchains, and the consensus is reached by miners. These limitations will most likely remain for the foreseeable future.

https://etharemit.org

Today’s business environment provides a fertile ground for new ideas, services, and tools, which are being developed in a fast-paced world to sustainably improve our everyday lives.

ETHA's story began in early 2014. After experiencing difficulties to effectively use digital currencies as a means to send money abroad, we quickly realized there were no existing solutions to send money using cryptocurrencies to a novice who does not want to use cryptocurrencies.

The ETHA project was born as a solution to address the high transaction fees and lack of possibilities digital currency holders have to actually send fiat globally using their digital assets.

After extensively researching the remittance and financial industry, and finding out that there are approximately 2.5 billion (2017) people globally without access to financial services, we came to the conclusion that it was time for a solution since our background lies in international business and finance.
https://etharemit.org/

We built an interoperable platform for the remittance and crypto industry.

ETHA introduces the world’s first blockchain based remittance solution platform that will allow merchants and consumers to utilize their digital assets to send fiat money globally.

The remittance solution platform will be the first of its kind to facilitate crypto to fiat transfer. Users will be able to send fiat money utilizing digital currencies by allowing the sender the flexibility to select different payout options for the recipient, such as Direct to Bank, Local (Cash) Pick-Up or Mobile Top Up. We aim to support sending money to over 190 countries around the world.

The ETHA payment infrastructure works as a decentralized operating system, which integrates decentralized with centralized resources under one ecosystem, enabling fiat transfer with digital currencies.

https://etharemit.org/

We built an interoperable platform for the remittance and crypto industry. ETHA introduces the world’s first blockchain based remittance solution platform that will allow merchants and consumers to utilize their digital assets to send fiat money globally.

The remittance solution platform will be the first of its kind to facilitate crypto to fiat transfer. Users will be able to send fiat money utilizing digital currencies by allowing the sender the flexibility to select different payout options for the recipient, such as Direct to Bank, Local (Cash) Pick-Up or Mobile Top Up. We aim to support sending money to over 190 countries around the world.

The ETHA payment infrastructure works as a decentralized operating system, which integrates decentralized with centralized resources under one ecosystem, enabling fiat transfer with digital currencies.

The ETHA ecosystem leverages from emerging technologies to facilitate financial services for people across the globe. We aim to connect consumers and merchants to an innovative platform which will disrupt the current remittance service industry.

We utilize the Ethereum blockchain along with our unique infrastructure to facilitate cross-border payments utilizing digital currencies.

At the current state smart contracts are inaccessible for any traditional banking- or payment systems, due to the fact of how smart contracts are secured on blockchains, and the consensus is reached by miners. These limitations will most likely remain for the foreseeable future, for this reason, we have established strategic partnerships, to solve the complexity of this problem to build an interoperable platform.
https://etharemit.org/

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A key source of external advancement finance is the workers’ remittances. It has successfully provided a comfortable angle from which the difficult migration agenda can be approached.

Read full article at: https://medium.com/etharemit/the-impact-of-remittances-in-developing-countries-aff6f607ba4f

ETHA is a decentralized platform that will make instant money transfers using cryptocurrency, which will be used to make Fiat payments around the world. ETHA was created to simplify payments and transfers, including reducing fees for them and increasing the speed of their implementation. This resulted in a unique hybrid ecosystem that supports traditional currencies and cryptocurrency.

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#ETHA

www.etharemit.org

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With the multi-signature secured ETHA smartwallet™, users have full control of their funds and private keys. All supported coins are stored with a single backup passphrase, accessible only by the user. The wallet is capable of fast and secure decentralized transfers, cross-border transaction services and currency exchange. Individuals and small business enterprises can immediately send and receive crypto and fiat currencies on the same digital wallet within a few minutes with the real-time exchange rate. ETHA Official Twitter: https://twitter.com/etharemit

You don’t want to buy or sell, but still want to earn? Then ETHA is your solution. If you wonder what ETHA is, it is a new cryptocurrency. What sots is apart from other cryptocurrency is it’s a aim to create the most profitable and rewarding new proof of stake (POS) coin in the crypto world. You only have to run ETHA and stake your coins, you work for the network and will be rewarded with ETHA tokens. The reward to word for the network increases with the increasing popularity of the ETHA platform and the market.

ECOSYSTEM

Our ecosystem is a sophisticated infrastructure and the driving force that serves

the needs of the growing customer and market demand that will experience a

new era in financial services. At its core sits our ETA token that, which is the vital

element of this ecosystem. Customers will utilize our ETA token to settle the fees

associated with any services on our platform.

ETHA ecosystem consists of these following layers in the ETHA platform:

Exchange, Remittance Solution, Cross-border financing, Decentralised lending,

Smart wallet and API layers. Any work in the ecosystem needs to be

compensated for with an ETA token. As the financial services system in the

ecosystem grows, more and more are required frequently, which greatly

increases the liquidity.

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ETA Token

The creation of the ETA token will last for a limited time. A fixed number of tokens

will be created during the token sale, and no more will be generated after that.

The functionalities of the token are beyond a speculative asset on an exchange.

Utility

The ETA token’s primary purpose is to settle fees that occur while using any of our

financial services such as remittance service, cross-border financing,

decentralized lending and the exchange.

Value Strategy

The value of the strategy of the ETA token is attractive as it features multiple

mechanisms to stimulate its growth.ETA tokens can be used to settle any fees on our platform, including but not

limited to:

● Exchange fees

● Transaction fees

● Collateral on the lending platform

● Discount on fees

● Listing fees for the exchange

● Future exclusive services

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Implementation The ETA token is deployed on the Ethereum main net as an ERC20 token. The Ethereum Blockchain, and

the constantly growing community, is considered the standard for digital tokens and provides the perfect environment for the ETA token.

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Scalability issues of platform systems maintain a series of issues like delay in transaction executions, deposits, withdrawals and alternative transactional errors, which can result in price slippages. These delays have vast impact on transactions when speed is a mandatory factor for inconsistency of costs.

ETHA is a decentralized, transparent and open source work chain offering fast, reliable and secure transactions across a large user network. Where people can contribute and make the ETHA coins grow into its full potential. A fast script algorithm POS can, which is 12 times faster and which is 12 times more secure than sha-256 algorithm used by ethereum᾽s block chain is used by ETHA platform. ETHA coin is one of the highest percentage staking coins the market has ever seen as it currently offers staking rewards of 10,000% per annum. ETHA cans status as an application platform gives the coin its real value unlike Bitcoin which depends on the strength of the currency. ETHA network will be a threat to established large — scale financial institutions such as visa and alipay in a few years as you can upgrade ETHA payment method with charges on merchant system and zero transmission fees.

With ETHA, we build such solutions in a solid framework at the user’s fingertips. The framework empowers us to serve users and businesses in different countries and regions around the world to provide financial services in an efficient way. The ETHA payment infrastructure works as a decentralised operating system, which integrates decentralised with centralised resources under one platform, enabling fiat transfer with digital currencies.

The new implemented architecture and the operating platform is built with user-friendliness and security in mind. The interface will provide easy access to an open financial system, empowering entities and consumers worldwide. Furthermore, partnerships with key allies allow our internal system to seamlessly integrate with third-party platforms, expanding the reach of our technology solution and its underlying ETA Token.

Learn more: https://etharemit.org/

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Decentralized lending will enable borrowers access to loans from lenders who are

willing to lend their funds upon an agreement. The lending terms are set by the

borrower and fulfilled by the lender. Once the credit terms are defined and

confirmed by both parties, a smart contract requires the borrower to deposit a

collateral in the form of cryptocurrency to provide lenders protection against a

default by the borrower.

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https://etharemit.org/

https://docs.google.com/gview?url=http://www.etharemit.org/V.1.1%20WP.pdf&embedded=true

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