ELI5: Explain Like I'm 5

Blockchain-based remittances company

A Blockchain-based Remittance Company is a company that helps people to send money to family and friends living in different countries. This can be done through a mobile app or website. Blockchain technology is used to securely keep track of where the money is going and coming from so it can be sent quickly and securely. When people use the company, they enter information about who they are sending the money to and how much money they are sending. This information is then stored in a secure network, called a blockchain. The blockchain is made up of computers from different places so that the records can not be changed or deleted. This process ensures that the money reaches its destination safely and quickly.
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