Remittance

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

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