Home Ico Review Viome Ico Review : The future of money transfers

Viome Ico Review : The future of money transfers

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About Viome

Viome is a digital P2P transfer platform powered via Blockchain and Visa Direct. Vio users can send and receive funds – domestically & internationally – to another user’s profile or wallet address. Users can then exchange Vio tokens to local currency, directly to their Visa debit card account. No transfer fees. No foreign exchange markup.Vio leverages the Ethereum blockchain, in combination with Visa Direct, to create an innovative digital P2P transfer platform. The Ethereum blockchain provides the mechanism for users to instantly send and receive funds, domestically & internationally, and Visa Direct is then used to disburse fiat currency seamlessly, securely and directly into a user’s Visa Debit card.

Basic Information

Token Name Viome
Token Symbol VIO
Social Media Viome Ico Review : The future of money transfersViome Ico Review : The future of money transfersViome Ico Review : The future of money transfers
Token Price ======
Platform Ethereum
Restriction No Restriction
Country Mauritius
Accepting ETH BTC
Whitepaper Click Here For View Whitepaper
Website Click Here For Visit ICO Homepage

How Vio Works

Vio is a digital P2P transfer platform

Viome leverages the Ethereum blockchain, in combination with Visa Direct, to create an innovative digital P2P transfer platform. The Ethereum blockchain provides the mechanism for users to instantly send and receive funds, domestically & internationally, and Visa Direct is then used to disburse fiat currency seamlessly, securely and directly into a user’s Visa Debit card.

Ethereum Blockchain

Viome In a changing global payments environment, emerging technologies have opened up new ways for fintechs to reach previously excluded populations of the world. The advent of the blockchain has enabled remittance start-ups to take advantage of the P2P network of the blockchain to enable quick, secure and cost effective transfer of money between individuals across the globe. The blockchain use case is therefore well served in underdeveloped markets, particularly those in Africa.

Visa Direct

Viome Direct offers real-time push payment capabilities that use Visa’s global payment system, one of the world’s largest electronic payment networks.1 Through a participating financial institution, businesses and consumers can use the Visa network to send money to over one billion eligible Visa card accounts.

Digital transformation in Africa

The high cost of remittances

Global Remittances totaled $429 billion in 2016. In some poor countries, remittances make up more than a quarter of national income. Currently, it’s expensive to send money overseas, which is especially damaging for the immigrants sending small savings home to the developing world. The World Bank says transaction fees average 7.5% globally, however, in many remittance corridors, they’re a lot higher.

Vio App

App Functionality

The Vio is a native app (iOS and Android), containing the following functionality (market roll-outdependent):
• Profile & Wallet
• Send funds domestically & internationally (either to another profile or wallet address)
• Exchange tokens to fiat (directly into debit card via Visa Direct)
• Top-up purchase of tokens (using Visa/Mastercard)
• Request funds from contacts
• View transaction history
• View Information section (About, Terms and Conditions, Policies)

Transaction Fees

Vio does not charge any transfer fees or have any exchange rate mark-up for the use of its payments transfer service. Instead, revenue will be generated by trading Vio tokens, both on digital currency exchanges and within the Vio app. This revenue will be used to cover all sponsoring Bank and Visa Direct processing related fees.

Bank Program Sponsorship

United Bank for Africa Plc is a leading pan-African financial services group, with presence in 19 African countries, as well as the United Kingdom, the United States of America and France. The Bank provides services to over 14 million customers globally, through one of the most diverse service channels in sub-Saharan Africa, with over 1,000 branches and customer touch points and robust online and mobile
banking platforms.

Vio Token

With the advent of token technology, innovative applications built on top of blockchain technology can be created utilising pre-existing crypto infrastructure.3 Vio leverages blockchain technology, in combination with Visa Direct, to build a digital P2P remittance platform through the use of a token.

Also Read – Click Here for Read All ICO Review

This article is writing on 05 July 2018 based on information available online & news portal. If you feel it’s outdated or incorrect, please write here to update it. Mail us: [email protected] Or Whatsapp Us- +13098896258

Disclaimer:

Not all the websites Which listed in Top List are 100% safe to use or investment. We do not promote any of those. Due diligence is your own responsibility. You should never make an investment in an online program with money you aren’t prepared to lose. Make sure to research the website. So Please take care of your investments. and be on the safe site and avoid much losing online.

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Vernahttps://coinworldstory.com
One of Coinworldstory's longest-tenured contributors, and now one of our news,ico,hyip editors, Verna has authored over 4100+ stories for the site. When not writing or editing, He likes to play basketball, play guitar or visit remote places. Verna, to his regret, holds a very small amount of digital currencies.

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