LiteSend - remittance service secured by Polkadot

- **Problem Statement:** Remitting money internationally is slow and costly due to traditional services, with high regulatory barriers and fees.
- **Significance:** The proposal aims to use blockchain technology to speed up and secure remittance processes, potentially reducing costs and regulatory hurdles.
- **Proposed Solution:** LiteSend, a remittance platform by Electrocoin, leverages Polkadot's AssetHub chain for cross-border money transfers, aiming to simplify and accelerate the process with lower fees.
- **Expected Outcomes:** Enhanced security, faster transactions, lower costs, and increased visibility for Polkadot through real-world adoption in the remittance sector.

#2117 LiteSend - remittance service secured by Polkadot