Crypto-Arbitrage Powered Remittances - Aniko Launches 2018

Financial Services for Emerging Markets on the Blockchain

Aniko is an exciting and compelling project about to hit the market. This project will leverage the power and soaring popularity of crypto technology to drive and deliver real benefits in the financial world. These benefits are not restricted to mass corporations or investors but will have a genuine benefit on driving social and economic stability and growth in developing markets.

The inspiration for the Aniko project came from the experience of its founder and CEO Kevin Kilty and, in particular, his background of working in financial inclusion. Having worked as a pro-bono consultant in Africa and the Middle East, Kevin witnessed the game changer that was the launch of the M Pesa mobile money system in 2007, allowing users to send money and access financial services via their mobile phone.  

The arrival of the smartphone and blockchain technology has presented the potential and opportunity to create a low-cost, instant remittance and mobile money platform – Aniko. 

What is Aniko?

The Aniko goal is to build a solution for everybody, from individuals remitting money and making purchases online through to businesses operating internationally and crypto-investors managing their portfolios. The Aniko team firmly believes there is significant value in a platform that brings together all these user groups and communities.

At the core of the proposition is a proven crypto-arbitrage engine. This engine transfers value internationally by buying multiple crypto-currencies in one country and selling them in another, all as a back-end process; users transfer and receive fiat currency.

The Aniko platform is a stake-to-play token. Aniko token holders earn rewards in Omega tokens, a private token on the Aniko platform used to pay for remittances and mobile money.

Progress to date

Co-founders Kevin and JS Greenwood have developed the Aniko platform, crypto-arbitrage engine and go-to-market strategy. Kevin and JS have been joined by Aijaz Kahn, an expert in mobile money, and Frank Bonnet, a leading token architect. 

The functionality and UX of the app (Aniko wallet) have been tested with our Indian and Filipino pilot groups and our business solution (Aniko Enterprise) has been developed in consultation with money exchange businesses.

The Aniko wallet will be available in August 2018 for both Android and Apple users on the Play and Apple Store.

Please find the full press release here: https://www.aniko.io/news/watchout-new-crypto-kids-on-the-block-chain-aniko

Source: Aniko Corporation

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Tags: blockchain, cryptocurrency, emerging markets, financial inclusion, initial coin offering, mobile money, money transfer, remittance, token


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