HEAD-TO-HEAD
RENSNCE VS Remittance Services (Western Union)
TradFi Sector
Legacy Approach
Remittance Services (Western Union)
TradFi Approach7-10% fees on family support payments. Multi-day settlement. Physical locations required. The poorest pay the most.
Structural Flaws
- Manual, periodic reporting (Quarterly/Annual)
- Compliance is post-trade & reactive
- Assets trapped in siloed databases
Renaissance Approach
RENSNCE DAO
Renaissance ApproachCross-Border Trade settles in minutes for pennies. No physical locations needed. 100% of value transferred reaches the recipient. Diaspora communities keep their wealth.
The RENSNCE Standard
- Real-Time Reporting: Audit-grade data, block by block.
- Automated Compliance: Rules enforced by smart contract code.
- Asset Fluidity: Tokenized for instant, global liquidity.
Performance Benchmarks
Settlement Speed
TUCRemittance Services (Western Union)
Decentralization
TUCRemittance Services (Western Union)
RWA Integration
TUCRemittance Services (Western Union)
Cost Efficiency
TUCRemittance Services (Western Union)
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Brick-and-mortar institutions with limited hours, high fees, and geographic barriers. The unbanked remain unbanked because access requires an address, a credit history, and a minimum balance.