#118 SMARTCASH REMITTANCE AND PAYMENT SOLUTIONS.

By #cryptoinnovator

Summary

Worldwide adoption of smartcash as a currency for payment and money transfer. As we all know, some money transfers solutions are so expensive that most of our money are consumed mostly on transaction fees, especially in african countries. With this smart solution, we can solve the problem of money transfer and make mainstream use of smartcash.

Description

SMARTCASH REMITTANCE AND PAYMENT SOLUTIONS. Since we have fundings for previous proposal for P2P smartcash to fiat exchange or "smart direct" which will have direct exchange of smartcash to different fiats in your country. I would like to propose to further develop it as a Money Transfer tool that will exchange smartcash to fiats that can be encashed in remittance centers like western union or other remittance centers all over the world. *By this, we should have a mobile application (can be intergrated to present mobile wallet) that will make this smartcash to fiat, (and bitcoin) exchange. Since smartcash transfer from one wallet to another costs mimimal transaction fee, it will be a much cheaper way of decentralized money transfer. And I know that remittance centers doesn't accept cryptocurrency coins yet to be encashed, so we need to have, smartcash to fiat exchange before sending fiat value to a remittance center or to a bank (this works like a paypal that can send money to remittance centers/ banks). This will be the "cash out". * Secondly, this smart mobile application should also have "cash in" options to deposit fiat money to smartcash mobile wallet, which can be done through online bank transactions, over the counter or through deposit from remittance centers. In this way fiat to smartcash exchange will be much accessible and more people can acquire the coin thus, providing mainstream use for the coin, and worldwide adoption. * lastly, for payment solutions. We can use this smart mobile Application to make online transactions in a form of fiat stored in smart wallet app or with our own smartcash. As we go mainstream, smartcash will be adopted as a currency. With this, we can use smartcash to buy or make payments/ transactions online, either to a friend, payment for monthly bill (electricity, phone bills, water etc). Can also be used to buy load, book flight or trip online and can work like a visa/mastercard for transactions using fiat/smartcash stored in smart app. *bonus: For every transactions made in the smartcash, either through payment bills, buying load or online trasactions, a reward will be sent to the wallet in a form of smartcash. In this way, we did not only make transactions cheaper, we made it rewarding for the users of smartcash. The aim of this is to have worldwide adoption and compete with the top coins in cryptoworld in terms of usage and adoption.

Categories

Technology

Milestones

Date Amount (US$) Amount (Σ) Description Status
January 31, 2018 100,000.00 33,872,470.15 * SMARTCASH REMITTANCE AND PAYMENT SOLUTIONS. -
* Estimated

Requested Amount

  • Total USD: 100,000.00
  • Estimated SMART: 33,872,470.15
  • Estimated BTC: 10.84596494

Schedule

  • Created Date: Friday, December 8, 2017
  • Voting Deadline: Friday, December 22, 2017 08:45:00 UTC
  • Payment Date: Payments will be made in accordance with the delivered milestones

Status

  • Not Funded

Votes

0.13%
Yes (1,485.82)
99.84%
No (1,131,305.02)
0.03%
Abstain (356.00)

Voting Audit

Address Voting Power Vote Is Valid

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