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Transmission project

Currency transfers have become one of the largest global directions of cash flow in the world: at the beginning of 2017 the total volume of such transactions exceeded $150TR. and the volume of all transfers of private individuals was estimated at $3TR in a year.

What is the average exchange rate of the global money market that Transmission provides to its customers?

It is very simple. The current Forex market exchange rate where the leading banks and major players of the market exchanging their financial assets. This “real” rate takes into account the demand and supply of money market participants, inflation, the level of interest rates in the countries of the world, and the monetary policy of their central banks.
For example, if the current direct market cross rate of the dollar to the euro is 1.165 usd == 1 euro, then by transferring usd through the largest US banks for the exchange rate offered to the client, the bank offered to the client will be about 1,19–1,195 usd for 1 euro. That is, the need to convert the currency leads to an additional loss of the client about 2–2.5% of the final amount in euros compared to the exchange rate.
A similar situation has developed in the area of ​​buying sales of crypto-currencies: most small and novice investors interested in investing in crypto-currency assets that do not have the status of a professional participant in this market and the necessary tools for exchange when buying or selling crypto currency and getting a currency are forced to pay for it a whole list of commissions in the aggregate reaches 5% -7% of the transaction amount.

To put it more simply, if the rate of the currently popular crypto currency Ethereum on the Bitfinex exchange is 220 usd == 1 eth, then in actual fact the investor will spend usd 231–235 for 1 eth.

What does Uber have to do with it?
#Uber is one of the most successful and rapidly growing global IT company with a capitalization of about $60B and revenues of $6.5B.
This is an example to be mimicked and a landmark for many. One of the leaders of the global taxi market with a total volume of over $110B with a market share of at least 15–20%, not having its own vehicle fleet and the main production assets.
The company is an aggregator operating on one of the most promising markets of the modern era   the taxi market demonstrating an annual high growth rate of up to 
The #Uber model is exactly what was reflected in the concept of business Transmission in the segment of global money transfers. Recall, the size of this market is $3TR per year. And these are only traditional fiat currencies, and there is still a popularity-growing market for crypto-currencies with a growth potential of 30–50% per year and there is a segment of regular international transfers of small and medium-sized businesses to their counterparties.
So let’s look at the numbers:
The current valuation of the private transfer market is $3.000B per year.
Estimated market share that can capture the most successful service of about 10% of the market or $300B a year.
With an average commission of 1% of the value of transactions, the potential annual revenue of the service will be $3B, and if you take into account additional revenues from commissions of the crypto-currency market and regular payments of small business companies is about $5B per year.
The capitalization of unprofitable #Uber business at an annual income of $6.5B is estimated at $60B.
That means that capitalization of #Transmission business and the growth rate of active service users can present a surprise to the traditional players of the transfer and conversion market in the near future.
At the same time, the companies that carry out transfers and conversions has many fundamental advantages:

So if the operational business of #Uber is unprofitable due to high competition and the need to reduce the cost of transportation below the cost of business, the business associated with currency transfers is profitable and capable of generating net income streams almost from the very start of the project.

Transmission all over the World 

At the moment transmission already have divisions in Geneva, Hong Kong and Palo Alto through which test network. whitepaper

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