Asdra Protocol, a global remittance solution

Asdra
Asdra
Oct 8, 2021 · 3 min read
Asdra Inc. www.asdra.com

“Benja, 22, migrated to Thailand in 2017 from Myanmar. Upon leaving her native country, she shares she did not have a solid financial standing because the bank was too far away. Financial troubles continued upon her new home, where she hoped a new life would begin.”

The story of Benja shows some of the barriers that unbanked and underbanked people everywhere face, and there are more than 1.7 billion people in the world without financial access and security. Most unbanked adults live in rural areas and are migrants. According to UN statistics, 73% of international migrants work abroad. Migration can also be the result of seeking economic opportunities, stability, or life security.

People in Southeast Asia are at risk of being unbanked and migrating.

While migrants are limited to the financial, global remittances seem limitless

Do cryptocurrencies solve the needs of unbanked individuals and remittances?

The best blockchain can, however, help us improve our service

Asdra utilizes the blockchain to deliver cutting-edge services

Asdra’s multilayers consist of six layers of functionality, including multi-smart contracts for converting fiat into stable tokens, token exchanges, exchange rate oracles, algorithmic management of token stability, international settlement liquidity, and Asdra’s token governance.

In order to facilitate immediate remittances across the globe. Asdra encompasses multiple smart contracts that are part of the entire ecosystem that allows users to use the stable token network of Asdra and make real-time global transfers and enjoy the benefits of blockchain in the most seamless way. Through the use of a smartphone, our customers are able to easily access our financial services regardless of where they are located.

To learn more about our technology, Asdra Move, the Asdra Protocol, Asdra Utility Token that binds the ecosystem, join our community!

AsdraOfficial

Asdra is driven by our mission to “Banking the Unbanked.”

AsdraOfficial

Our proposition is simple: to help people who are less fortunate grow by helping them send their hard-earned money home through internet and blockchain technology.

Asdra

Written by

Asdra

A decentralized payment protocol, Asdra is revolutionizing global remittance, driven by our mission to “Banking the Unbanked.” Visit https://www.asdra.com

AsdraOfficial

Our proposition is simple: to help people who are less fortunate grow by helping them send their hard-earned money home through internet and blockchain technology.