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RE: Remco, the Crypto Money Orders, with a plus.
Nice article. Love the explanation and scenario used. But can't bob directly send the money to alice using vtnglobal instead of using an agent? Is the agent really necessary.
Right, since the transaction will be done one the blockchain which is decentralized, I also see no need for middlemen (agents) anymore.
Exactly. I am a bit confused on that end. Even in the traditional system can't I carry out my transaction without middlemen?
they said the receipent will not know that the money was transfered through blockchain network! i mean transection can happen without any middleman! but to keep the statement they'll need a agent that'll receive the fund and deliver to orginal one!
That is the thing; it will be extremely costly if VTNGlobal opened office everywhere Hence the agents. This approach would not require VTNGlobal to establish a physical office, hire employees, get Registrations...etc