Singapore Fintech Facilitates Myanmar Immigrant Workers in Thailand with Instant Blockchain Remittance

According to reports, a Singapore-based financial technology firm, Everex, has consociated with Myanmar’s Shwe Bank to launch Blockchain-Powered remittance Services between Thailand & Myanmar.

The blockchain based firm claims that the collaboration will allow millions of Myanmar migrant working in Thailand to transfer money home securely & instantly at lower transaction charge than traditional remittance methods.

Everex also purposes to use blockchain technology in removing high remittance fees, decrease the time to transfer money & give a clear audit trail of the complete transaction through this partnership.

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