REMIIT, THE GLOBALIZATION CATALYST. There are numerous obstacles between nations which have been lowered and the global communications of people and goods have become more appropriate. More to its development of the internet which has improved or increased in number of overseas remittance and payment. The obstacles between users are still high and transparency continues to be an accordant or prolong problem. Overseas remittance transaction are slow and ineffective due to their limitations in scalability and expendability. Moreover, the emergence of an exchange rate when discussing global finances are changing in as different countries have different political and economic interests. The fees for foreign currency exchange among financial institutions varies and participants have paid more than necessary for exchange fees. There have been various innovative trials, attempts, initiatives to curb inefficient structures through technologies based on the blockchain. The “Genesis” gene