MICROCAPITAL BRIEF: Reltime to Launch “Decentralized Banking Ecosystem” Allowing P2P Loans, Fee-free Transfers Across Eurasia, Latin America

Reltime, a Norway-based firm founded in 2018, recently told MicroCapital it will launch a “decentralized banking ecosystem” allowing anyone with a smartphone and internet access to engage in the following: peer-to-peer (P2P) borrowing and lending, currency exchange, and domestic and international transfers – all with no fees. The initial launch is scheduled to take place in Brazil, Europe, India, Japan and Mexico by March 2022. Reltime expects to expand the service worldwide by December 2022. All transactions take place using the cryptocurrency listed as “RTC” on BitMart, a platform based in the Cayman Islands.

By Zachary DeLuca, Research Associate

Sources and Additional Resources

Reltime press release
https://docs.google.com/document/d/1n0DXEBe8rwcdK26zTZI_AwbGeYbwcllh

Reltime homepage
https://reltime.com/

RTC listing on BitMart
https://www.bitmart.com/trade/en?symbol=RTC_USDT

BitMart homepage
https://www.bitmart.com/

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