Found this on the guardian website. It's an interactive map of remittance flows between countries and also lists immigration/emigration and to which countries they go.
http://www.theguardian.com/global-development/interactive/2013/jan/31/remittances-money-migrants-home-interactiveData includes most countries of the world and these are just listed to demonstrate the data availableAccording to the data:
The US$120 billion is remitted FROM the US to other countries. Most notably Mexico, China, Nigeria and the Philippines
and $5.1 billion is remitted TO the US from other countries. Most notably the UK, Canada, Western Europe and The Caribbean.
The UK$23 billion FROM the UK. Most notably Pakistan, India, Nigeria, Poland and France
$8 billion TO the UK. Most notably Australia, Canada, US and Spain.
ChinaUNKNOWN from China
$60 billion TO China. Most notably US, Canada, Japan and Malaysia.
Which countries that share strong remittance links have the best infrastructure to convert bitUSD to fiat on both sides on the remittance?Would two bitshares users standing in counterpart countries that share remittance be a good on ramp for bitshares? At 'point of sale' both bitshares users would be able to educate both parties involved in the remittance on how to use bitshares themselves and cut out the middleman.
For example: User 1 is in [Country 1] and stands on the streets of the capital city near a Western Union and has a sandwich board advertising cheap remittance to [country 2].
User 2 is in [Country 2] and stands in the capital city near a remittance office.
[Country 1] and [Country 2] are chosen for the maximum possible statistical likelihood that [remittance customer 1] who is in [country 1] has his friend/relative [remittance customer 2] available to collect remittance funds
immediately or <1hr in the same city as [bitshares user 2].
I think catching customers as they are already on their way to remit money and then educating them on how they can do it without paying ~10% fees to western union could be a successful strategy.
But a mobile app needs to be released before this can work.For this to work [remittance customer 1] would either have to trust [bitshares user 1] to in fact send the money abroad and also trust that [bitshares user 2] will pay their friend/relative [remittance customer 2] at some point in the future.
ORThat [remittance customer 1] is able to contact [remittance customer 2] in real time and have them meet up with [bitshares user 2] whilst [remittance customer 1] is with [bitshares user 1]. The remittance can then be conducted instantly using bitUSD traded between the bitshares users and cash traded between remittance customers.
Perhaps [bitshares user 1] can offer a discount if [remittance customer 1] is willing to call their friend, and come back an hour later once both remittance customers are standing next to a bitshares user. This would allow time to educate the customers on how they can use bitshares themselves next time and save all the hassle and costs of walking to Western union.
If both remittance customers can be taught how to use it themselves, then there is also less need for the bitshares users to be reliably available in each location. If they only do it for a day or two it doesn't matter as each customer would ideally be just a one-time sale.
With this remittance data an analysis could be made for which two countries/capital cities have the highest statistical likelihood
that [remittance customer 1] meeting with [bitshares user 1] has their friend/relative [customer 2] in the same country/capital city as [bitshares user 2].
How viable is this idea?
Topic: Interactive Remittance Data. From where to where and how much (Read 1286 times)
