Migranet Review: Global AI-Powered Blockchain for Immigration Migration

5 min readMay 16, 2019

Blockchain technology with its unique features and especially distributed data management, solving problems of trust — is changing the face of many areas in the world. In a digital economy, sellers and buyers can be directly connected without the need of an intermediary. Thereby, the transactions are done quickly and the transaction costs are reduced significantly. That’s exactly what blockchain technology is helping to change the world.

Along with blockchain, electronic money is also emerging as an asset that investors everywhere around the world prefer. Although officials around the world are very cautious about this type of asset, and many countries have yet to come up with a clear legal framework for electronic money, In one day of electronic money still reached billions of dollars. This volume will not stop there when the world has more than 170 electronic exchange trading platform with more than 100,000 registered users every day.

The future of blockchain as well as electronic currencies is very difficult to predict. But at present, the electronic money industry is still in its infancy, and contains a tremendous potential for growth. At present, more and more development platforms are in place to address the problems of the traditional financial sector, and even address the backlashes of newly created modern technologies. Therefore, the number of financial solutions using blockchain technology is increasing, including Migranet

WHAT IS MIGRANET ?

Migranet is a blockchain based migration services platform that aims to be assisting the migrant to work out their immigration process in a more decentralized and transparent way.

HERE ARE CHALLENGES MIGRANET WANT TO COMBAT

The rate of fake immigration agents existing in this ecosystem is alarming; this people mostly get involved in human trafficking, selling migrants to the rich people as slave and no reliable law to put a full stop to those act.

There are many people that wish to move to another country but the cost of acquiring all migration paper documents is very high; not everybody could afford it and the condition has make many people missed their dream country.

Another issue is that, there are report of corruption cases in most immigration services platform these days. Many migrant has been scam and at the process lost their funds without any means of trace.

The last issue I want to emphasize on is the issue international payment system. This process are very tedious and stressful because it require doing conversion of currency and other documentation process.

HERE COMES THE REVOLUTION

Migranet is the revolution this ecosystem will experienced as they are implementing blockchain into this system which has the features to solve various challenges facing immigration services ecosystem. The blockchain will be used to automate the processes, secure the data and make the system transparent.

So Migranet was built to help migrant to do their immigration application process in a transparent form. The Migranet platform will subdue and reduce those charges the other immigration platform do charge with assurance of less than 90%. The Migranet will be a platform where other immigration agent can register their services and got verified which will eliminate the rate of fake immigration practitioners. The Migranet has also introduced a traditional token termed “MIG Token” which will be globally accepted to pay for all the services this platform will be offering. Accepting cryptocurrency like MIG Token will make the transaction process easier and more secured.

MIGRANET IEO AT IDAX

Migranet has adopted an initial exchange offering as means of raising funds for the development of the platform. Having known the usefulness of the MIG Token, which is to be used to pay for services on the Migranet platform as well as be used for remittance payments, it is advisable to hold the MIG Token now. So therefore, prospective investors are thereby invited to invest in this project because it has a lot of potential. Am assuring anyone that will invest on this project will have every reason to smiles at the end.

Migranet has planned to do a pre-sales on IDAX cryptocurrency exchange. They scheduled it to be on two phases :

The First sales starts on May 16, 2019 10:00(UTC+8) and ends on May 17, 2019 10:00 (UTC+8)

The Second sales starts on May 17, 2019 10: 00(UTC+8) and ends on May 18, 2019 10:00 (UTC+8)

TOKEN DISTRIBUTION AND ALLOCATION

FOLLOW UP THE ROADMAP OF THE PROJECT

MEET THE BRAIN BEHIND THIS PROJECT

The team behind this project are well known people in this ecosystem; they are attorneys from law firms, data scientists, recruitment professionals and immigration practitioners. Here is the opportunity to meet them one after the other.