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Local => Altcoins (Pilipinas) => Topic started by: Russlenat on December 24, 2019, 03:59:21 PM



Title: Ripple Based Remittance Firm - SendFriend Claims to Save Up to 80% in Fees
Post by: Russlenat on December 24, 2019, 03:59:21 PM
Quote
Philippines-focused remittance platform
SendFriend’s money transfer app aimed at reducing annual remittance fees for cross-border Filipino workers claims to lower such transaction costs by up to 75%. What makes it possible, according to the startup’s CEO, David Lighton, is RippleNet’s On-Demand Liquidity (ODL) technology.

With ODL, RippleNet’s users can utilize digital token XRP to bridge two currencies in three seconds. “We can now source liquidity, on-demand and depress those transaction costs by up to 75%,” said Lighton, and further added that the firm managed to reduce charge up to 2%.


Source ;https://cointelegraph.com/news/ripple-based-remittance-firm-sendfriend-claims-to-save-up-to-80-in-fees

other source : https://ripple.com/insights/sendfriend-uses-on-demand-liquidity-to-save-customers-up-to-80-in-remittance-fees/

about SendFriend. https://www.sendfriend.io/about/



What do you think about this article? Will this help to reduce the international remittance fees? how feasible is this plan kaya?


Title: Re: Ripple Based Remittance Firm - SendFriend Claims to Save Up to 80% in Fees
Post by: blockman on December 26, 2019, 12:22:07 AM
Hindi ako pamilyar sa sendfriend. Ang pagkakaalam ko ang unang nabalita ay yung cebuana at moneygram na gagamit ng xrapid o yung technology ng Ripple. Kaso hanggang ngayon walang masyadong update tungkol sa mga balita na yun.
Kaya kung hindi magtuloy tuloy itong tungkol sa sendfriend baka matulad lang din sa mga nasabi kong remittance.


Title: Re: Ripple Based Remittance Firm - SendFriend Claims to Save Up to 80% in Fees
Post by: ecnalubma on December 26, 2019, 05:09:13 AM
Hindi ako pamilyar sa sendfriend. Ang pagkakaalam ko ang unang nabalita ay yung cebuana at moneygram na gagamit ng xrapid o yung technology ng Ripple. Kaso hanggang ngayon walang masyadong update tungkol sa mga balita na yun.
Kaya kung hindi magtuloy tuloy itong tungkol sa sendfriend baka matulad lang din sa mga nasabi kong remittance.
Hindi naman siguro kailangan laging may update minsan kasi ang mga implementations na ganito one lang ina-announce minsan kadalasan nag eexist nalang ang update without the publics knowledge. Pero ang kagandahan slowly remittances are implementing and getting to recognise blockchain tech.


Title: Re: Ripple Based Remittance Firm - SendFriend Claims to Save Up to 80% in Fees
Post by: blockman on December 26, 2019, 07:40:02 AM
Hindi naman siguro kailangan laging may update minsan kasi ang mga implementations na ganito one lang ina-announce minsan kadalasan nag eexist nalang ang update without the publics knowledge. Pero ang kagandahan slowly remittances are implementing and getting to recognise blockchain tech.
Minsan kasi kapag ganun lang parang para lang sa balita. Ganun pa man, tama yung sinasabi mo na hindi naman nila kailangan iupdate palagi. Kaya kung ano man ang kalalagyan ng sendfriend sa pag adopt ng blockchain sana maging open rin sila sa crypto kahit na ito talaga yung alternative sa magiging service nila. Kapag lahat ng tao nasa crypto at aware na sa service katulad ng sa mga remittance magandang competition yan at baka may maisip na mas maganda ang mga nasa remittance industry.


Title: Re: Ripple Based Remittance Firm - SendFriend Claims to Save Up to 80% in Fees
Post by: Kupid002 on December 29, 2019, 09:05:44 AM
Hindi ako pamilyar sa sendfriend. Ang pagkakaalam ko ang unang nabalita ay yung cebuana at moneygram na gagamit ng xrapid o yung technology ng Ripple. Kaso hanggang ngayon walang masyadong update tungkol sa mga balita na yun.
Kaya kung hindi magtuloy tuloy itong tungkol sa sendfriend baka matulad lang din sa mga nasabi kong remittance.
Pero possible naman talaga ito at mas mura dihamak kesa sa mag send money ka gamit mismo ung remitances. Kung may ganitong option mas pabor to sa may mga family abroad na nagtatrabaho at madalas na nagpapadala may ways na para mas mura ung pagpapadala at less hassle nadin.