Remittance
Engagement Model
Offshore - Fixed Price
Client Location
UAE
Client Description
Client was a leading remittance solution provider in middle-east. They wanted us to provide a blockchain based remittance solution so that people can transfer small amount and it is remitted faster.
Blockchain Service Offered
Use Case Discovery & Prototyping
Technologies
Chain4Real, Apache libraries & frameworks, TensorFlow, TFX, Java, SmartContract, IoT, Google AI, Computer Vision.
Target Industries
Industry agnostic, Supply Chain
Value Add
- Faster transaction processing
- Live exchange rates with minimal fee
- Instant deposits and withdrawals
Solution Highlights
- Remittance and Payment Processing solution allows as a real-time gross settlement system.
- Independent servers participate in the network as possible to ensure high availability.
- Decentralized details of the transactions, including the KYC (Know Your Customer).
- Cross Border Instant Settlement using blockchain enabled transaction settlement.
- Anti Counterparty Risks Management with improved contractual performance.
- Increased Transaction Transparency and secure money transfers across bank.
- Reduced Fraud Via Self Sovereign Identity to reduced error handling and reconciliation.
- Anti-Money Laundering (AML) Smart contract for country specific regulatory / guidelines.
CONTACT US
PIPRA Solutions Pvt Ltd
Plot 1, Street 13, Lepakshi Colony, W. Marredpally, Hyderabad - 500026, Telangana, India
Phone: +91-630-099-7928
Email: hello@pipra.solutions
