FinTech and Blockchain development company Everex is deploying its solution, to providing workable financial services to the section of the population that has no access to banking or financial services, on the Ethereum blockchain . Working in partnership with banks, money-service businesses and currency exchangers, Everex aims to creating effective solutions to reduce overheads and compliance costs whilst making financial services more accessible to billions more people in the future.
Everex has identified the following priorities to address using their technology:
•Direct global remittances between developing countries;
•A peer-to-peer (P2P) online payments for e-commerce;
•Decentralized P2P exchanges for local currencies;
•0.27% transaction fees and settlement within seconds.