AirPocket, page-86

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sohoisnotforsale

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06/05/15

15:35

Post #: 15228613
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Originally posted by mitchouse ↑

It's stated in the press release in broad terms:

How AirPocket Works
AirPocket Agents (“AirAgents”) are vetted and have a funded AirPocket account. The Sender locates an AirAgent through the application’s mapping interface and approaches them with the cash they intend to send. The AirAgent accepts the cash and through their account with AirPocket sends the equivalent amount through the application. The transaction is recorded on the Blockchain ledger, providing secure, incorruptible, persistent and decentralised storage and verification. This eliminates large overheads associated with the maintenance of the platform and regulatory reporting for digitalBTC.
Once the AirAgent has sent the funds, the sender receives a code (“AirCode”) via an SMS, which they send onto the Recipient. The Recipient then locates an AirAgent in their country and provides them with the AirCode, which credits the AirAgent’s account. The AirAgent then provides the recipient with the cash in their local currency.
The fees to send currency are significantly lower than average fees paid by the Sender using other remittance channels. This is due to the low cost mobile peer-to-peer technology implementation as well as the use of the Blockchain technology to store transaction

The ease and security of this process will be the deciding factor about how successful it becomes.

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so airpocket does the international transfer, but its not disclosed how this happens.

essentially, meeting someone on a street corner, via an app, to deposit or pick up cash, seems highly risky to save a few dollars in fee's...

good luck all...

DCC Price at posting: 23.0¢ Sentiment: Sell Disclosure: Not Held
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AirPocket, page-86

Prospech finds dynamite heavy REE grades from historic core in Finland

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AirPocket, page-86

Top Stories

Prospech finds dynamite heavy REE grades from historic core in Finland

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To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

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