Let's start this journey together

We're adding 2 billion people to the world economy

![5954988ec21883086b9489b9_EVX.png](https://steemitimages.com/DQmUmcAXb5GWzKmZs2N8heEHaWgGcz3iZTVyNsTRhcRWJA3/5954988ec21883086b9489b9_EVX.png)

Transferring money and gaining access to credit across in-
ternational borders is still complicated, time consuming and expensive.

Existing money transfer systems suffer furthermore from long lines, ex-
change  rate  losses,  counter-party  risks,  bureaucracy  and  extensive  pa-
perwork.  An  estimated  two  billion  adults  are  unbanked  and  with  no,
or limited access to financial services. Providing workable financial ser-
vices to this population is often tagged as a key step towards eliminating
world poverty and bootstrapping local economies.

 Everex focuses on eas-ing the financial inclusion problem by applying blockchain technology for
cross-border remittance, online payment, currency exchange and micro
lending,  without  the  volatility  issues  of  existing,  non-stablecoin  cryp-
tocurrencies. This whitepaper fills the gap in the state of the art by pre-
senting a blockchain-based capital transfer system that aims to lower fi-
nancial inclusion barriers and provide financial services to the unbanked.

We present the advantages of the system, outline the requirements and
goals, as well as the architecture of the Everex financial eco-system. In
addition,  we  present  the  results  of  an  Everex  remittance  system  case-
study that involves over 100 migrant workers from Myanm

Website: www.everex.io

Whitepaper: https://daks2k3a4ib2z.cloudfront.net/59157962bdb4300afa8771a9/5963c09d077a520b5a965208_20170710_EVX_WP.pdf