What do you think about an Uber model for remittance? An app where money senders in opposite direction get matched and do local money exchange. The exchange is insured against default by digital assets on the blockchain.

What you are describing is some I wrote a paper on way back, called the Uberization of Money Transfer. (Read here: The Uberization of Money Transfer – Faisal Khan). Let’s start with the basic notion. Yes, it seems logical that independent PLHs (Principal License Holders) would benefit from a grand alliance of sorts. Think about how Oyo Hotels, AirBnB, […]

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