DLT solution

Distributed ledger technology (DLT)

DLT is a decentralized database managed by multiple participants, across multiple nodes. Blockchain is a type of DLT where transactions are recorded with an immutable cryptographic signature called a hash.

RemittanceToken is an example of a DLT.  It’s a database system  for recording the transaction of assets in which the transactions and their details are recorded in multiple places at the same time. Unlike traditional databases, distributed ledgers have no central data store or administration functionality

Designed for licensed money transmitters and Central banks Digital currency

REMCO’s technology platform provides money transmitters, financial institutions  agents and customers a proven “out-of-the” box ledger  solution to move money at the speed of thought.

Per the pilot conducted by VTNGLOBAL in the States of  Georgia and Illinois in comparison to the traditional way of  sending money, test reveals that the REMCO process is ten  times faster and more affordable.

The Problem

The cross-border international money transfer business is broken.


  • Lack consistent standards and regulations 
  • Costs vary significantly
  • Poorly kept transaction records, if at all

Current Remittance Process


Remittances to low-  and middle-income  countries  reached $597 billion by 2021


REMCO Tokens allow any licensed money transmitter to mint programmable Tokens. These tokens  move value and leverage distributed ledger advantages at speed and scale, while also offering  innovative compensation to all transaction stakeholders. REMCO’s parent will immediately be the first  user, therefore REMCO has a substantial, built-in customer


Senders of money are about speed, cost and flexibility

REMCO runs on multichain, leading this space in speed and reliability

Business Model

1% FX margins on Transfers plus $3.99

Provide money transmitters and crypto companies liquidity and access to transfer funds to 124 countries on Remcos multi currency stable Token

Token Value apprecaition on Exchange

Remco cryptocurrency appreciation in value on exchanges


Competitive advantage

Remittance-related blockchain projects face significant barriers to entry due to multi-jurisdictional  regulations. REMCO enjoys its parent company’s (VTNGLOBAL) position in the market with multi jurisdictional licenses, access to  124 countries, 15,000 banks and 6.0  million subscribers and global reach from day one


REMCO Tokens are generated and recorded on blockchain. This adds  security, compared to the random number-generated and stored on  relational databases.

REMCO uses blockchain, where transactions self-verify and provide the speed required to scale.

REMCO runs on a distributed ledger technology known as a Multichain blockchain

Our solution does not involve miners to verify transactions, and be paid. Even micropayments can be made affordably

The REMCO Prepaid solution requires less time to sell than present methods, offers bonus commissions and gives tremendous control and value to the customer. Data analytics allow aggregation from multiple networks

Contact us

Remco Software, Inc.

8101 Sandy Spring Road, suite, 100b, Laurel, MD 20707, USA

email: info@remittancetoken.io

URL:   https://www.remittancetoken.io

The Network: https://remcosoftware.org