INTRODUCTION
A friend of mine on the popular messaging app ( Telegram); that shared this great opportunity with me- The Local Remit ICO project; one of the most ambitious and well thought crypto currency project that I have personally seen in this current bear market in the crypto space! The call for more crypto currency peer to peer transactions is a serious one, but you see? Truth be told — there must be a workable systems or mechanisms that has inbuilt capacity for us to truly enjoy peer to peer transactions, Local Remit is finding a way to make or building a trustless systems where one can easily trade crypto currencies will help in our need for more adoption of crypto currencies! The use of crypto currency for the everyday person who isn’t a programmer or a technological person isn’t an easy task, to me personally, less adoption is as a result of lack of properly systems on ground to make crypto currencies transactions easy! The current peer to peer system isn’t very effective hence the need for a better and more functional one! I see this with the Local Remit project. There are a number of so peer to peer systems currently in the crypto currency space but with a lots of flaws that make them not truly peer to peer. Local Remit team comprises of highly experience crypto currency enthusiast whose impacts and contributions is something to reckon with!
In this review my goal and intention is to keep my research and findings 100% as it is!
WHAT IS Local Remit
Local Remit is a peer to-peer platform that allows transactions between traders and also eliminating the need for a middle man or systems all in function of an agreement between two traders. Local Remit as a Peer to peer platform’s goal is to help users to safely transact using crypto in P2P marketplaces while earning reputation for every executed transactions in the crypto currency space.
Problem
It’s been almost 10yrs (10) since the invention of the first decentralize digital currency known as bitcoin, large percentage of the world population is yet to understand and trade with crypto currencies! So sad.
The world leaders and respective national governments never saw it coming, it was a great blow on their face as they are currently beginning to realize blockchain and crypto currencies potential.
Why are they threaten by it? Because this technology doesn’t need them to function. Is completely decentralize with no central government-major issue for our present day government. Why because they never want to give power to the people.
With all this said, there is an urgent need to increase awareness about crypto currency and for us in the crypto currency community to be involve in projects that seeks more adoption for crypto currencies. For crypto currency to truly achieve its potential, more and more people need to use it in their everyday transactions!
The need to trade peer to peer and for such system is in great demand because of governments crack down on many crypto currencies centralized trade systems across the world. To me transacting with a great degree in peer to peer has a huge industry around it- It is a multi-million dollars industry with a great potential and Local Remit is working hard currently to take a great advantage of it!
Why Local Remit
The need for massive awareness and adoption for crypto currencies is dear to me and I personally think everyone too in the space thinks the same! Therefore supporting a project or platform that is deliberately working to ensure adoption is a great move in the right direction, Local Remit has four key features “
Connecting the unbanked population, Local Remit OTC, Counter-Party Risk, Multi‐device synchronicity.” The team is committing all these pieces to heart, we should expect a solid and a functional system based on all the details that is on the amazing whitepaper.
All details about the project is linked down below!
I expect you guys to study the whitepaper and understand everything before investing!!!
· Website: https://localremit.com
· My bitcointalk.org username: ekomic
· My Bitcointalk profile link:
https://bitcointalk.org/index.php?action=profile;u=1085034;sa=summary
