355 Million Overseas Workers Need Flexible Remittance Alternatives

By using blockchain technology for microfinancing, AssetStream, global decentralized P2P microfinance platform, set to create a layer of trust and security between borrowers and lenders.

A financial inclusion report showed that 355 Million account holders send or receive domestic remittances in cash or over the counter because they do not trust the traditional banking system which converts the currency from the country of origin to a much lower value. Or they fall prey to the fluctuating exchange rates and unregulated “money changers”.

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