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Milestones Remco

Tokenised Money Transfer Platform

Remco was carved out by the parent company that has processed $700,000,000 in the last 24 months. The company holds money transmitter licenses in three US states and mobile payment licenses issued by Central Bank. The parent company process payments for Western Union and the biggest money transmitters. The off-chain version of the Tokenise money transfer method is in pilot in the states of Illinois, Georgia and Maryland, USA and on a run rate of $20,000,000 by end of 2018. The Remco project is the blockchain version and the reason for this ICO. There is an agreement between the parent company and Remco to be the first client of Remco.

4.3
1 0 expert ratings
Benchy 4.3
KYC
Experts
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Ended
Token
REMCO
Type
Price in ICO
0.0800 USD
Country
USA
Whitelist/KYC
KYC
Restricted areas
Iran, North Korea
preICO start
1st Nov 2018
preICO end
30th Nov 2018
ICO start
1st Dec 2018
ICO end
31st Mar 2019
Visit ICO website
Report

Milestones

1
August-2017

Parent company Integration of Tokenized/ cashless card for termination to 22 Commercial Banks

2
November 2017

Parent company received Money Transmission licenses in the states of Illinois, USA

3
December 2017

Parent company received Money Transmission licenses in the states of Georgia, USA- December/2018

4
January 2018

Tokenized/ cashless card money transfer off-chain launched in Illinois, USA

5
February 2018

Tokenized/ cashless card money transfer off-chain launched Georgia, USA

6
March 2018

Travelled to Tokyo, Japan for Blockchain event meeting with various blockchain innovators

7
June 2018

Blockchain Project initiation

8
July 2018

Blockchain infrastructure development start

9
July 2018

Investment from Parent company

10
August 2018

Legal adviser appointed

11
September 2018

Parent company received Money Transmission licenses in the state of Maryland, USA

12
October 2018

Parent company committed to the Private sale

13
November 2018

Blockchain infrastructure development testing completed

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ICO KYC Report
2 members invited
Peter Ojo
Passed
Joel Patenaude
Passed
KYC procedure verifies selected/specific team members only. It does not guarantee ICO success nor is a call for investment.
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