The document discusses the opportunity to establish remittance corridors between Israel and countries like China, India, and the Philippines using Ripple technology. It notes that remittances to these countries total over $200 billion annually. By offering instant, low-cost transfers through Ripple, the company proposes to take business from Western Union and MoneyGram, which charge high fees of around 9% on average. The document seeks investment to fund marketing and legal costs to launch remittance services from established websites for Bitcoin and Ripple in Israel.

1. Leaders in the new World of Finance

2. Technology from year to year
Every year technology becomes
–
More advanced
–
Less expensive
When these new advanced technologies reach the hands of
people who have never had access to them before, it
causes a:
REVOLUTION

3. Already Revolutionized
Over the past 20 years we have seen many areas of our
daily lives revolutionized by technology
Communication
Music
–
Email
–
MP3
–
Cell phones
–
Peer-to-peer music sharing
Publishing
Video
–
Web magazines
–
YouTube
–
Blogs
–
Web Cameras

4. Not yet Revolutionized
The World of Finance and Banking
Sure, we have seen small changes and improvements in
the world of finance and banking, but we have not seen a
real revolution.........
................until now!

5. The Financial Technology Revolution has begun
A world wide financial revolution has begun and it is being
driven by advancements in technology.
The Ripple protocol is one of the most promising
advancements in this new field of Financial Technology.

6. The Ripple Protocol
In its simplest form, Ripple is a Payment Protocol. It has
many benefits and advantages including:
Any
Currency
Global
No
Chargebacks
Fast
Almost Free
As the Ripple Network expands, it will revolutionize the way we make
payments, exchange currencies, and establish financial contracts

7. We already have the technology
Today, RippleIsrael has the capability to instantly send money any where in
the world and have it arrive there in the local currency. Not long ago this
capability was only available to the largest of international financial institutions.
Today, RippleIsrael is part of an international, multi-currency network that one
day will replace Western Union and MoneyGram.

8. The Plan
We want to establish Remittance Corridors between
Israel <=> China
Israel <=> India
Israel <=> Philippines

9. Why Remittance Corridors?
●
●
●
●
It is estimated that the “Developing world” will receive $414
billion in remittances in 2013
Remittances to India, China will total $131 billion in 2013
$414 billion this year is 6.3% more than last year and is
projected to be $540 billion by 2016
Estimated Total Remittance from Israel in 2012: $4.3 billion

10. Why China, India, and the Philippines?
The top 3 recipient countries of officially recorded
remittances for 2013:
●
India ($71 billion)
●
China ($60 billion)
●
Philippines ($26 billion)
Remittance from Israel to India in 2012: $139 million

11. Won't they just continue using Western Union?
The global average cost for sending remittances is 9%
The high cost of sending money through official channels, such as
Western Union and MoneyGram, continues to be an obstacle for people
who want to send money to their families back home.
This factor causes people to search for other options as their preferred
way for sending money home.
Using our service to send money is as easy as sending email.
Not only is our service instant, but it also costs the customer a fraction
of what they would pay sending money using other services.

12. How does Western Union make their money?
Western Union collects
●
81% of its revenues from its consumer-to-consumer transfers
●
10% from consumer-to-business transfers
●
7% from its business-to-business transfers
The company mainly earns its money by charging fees to transfer cash
around the world, but also makes a large amount of money through
foreign exchange fees
The majority of these revenues come from immigrants transferring
money back to their families all around the world

13. Why create a China remittance corridor first?
China is the #2 country in the world for receiving remittances in 2013 and it
is estimated they they will receive a total of $60 billion in remittances this
year.
We also already have partners in China that are on the Ripple Network.
Our partners already have established services and can easily send money
to customers in China directly to their bank accounts or via AliPay.
They can also collect payments from customers in China wishing to send
money to Israel.

14. Why do we need investment?
Although we already have everything in place to begin providing
remittance service between Israel and China from a technical aspect,
we are still lacking the funds to promote our service and the legal
foundation on which to operate our service.
Investment capitol would be used for the purpose of
●
Developing and executing targeted advertising campaigns in both
Israel and China
●
Government filing fees and incorporating costs
●
Lawyer and accountant fees

15. What else do we need from a partner?
We are looking for a partner who
●
Knows the business aspects of building a company.
●
Has connections in the business world in Israel and/or
China
●
Wants to take an active role in steering the company

16. What else is included in this investment
package?
In addition to being experts in the field of math-based
currencies and financial technology, we also have two
very important established web properties here in Israel:
●
BitcoinIsrael.co.il
●
RippleIsrael.co.il

17. Bitcoin Israel
BitcoinIsrael is the oldest bitcoin provider currently servicing Israel.
It is a simple service where people place an order for bitcoins, transfer
money to us for the purchase of the bitcoins, and we supply them with
bitcoins.
BitcoinIsrael has established a trusted reputation for providing quality
service.

18. Ripple Israel
RippleIsrael is the first Ripple Gateway to be established in Israel. It is
currently the only way to get Israeli shekels in to and out of the Ripple
Network.
Although the web site and service was built on top of the Ripple
Protocol, the site is geared more toward using other Ripple protocol
features, primarily the decentralized currency exchange capabilities.
The site could be re-designed to focus on providing remittance service,
or a completely new site can be developed under a new domain name
and brand name that focuses on providing remittance service.

19. Conclusion
Power in the World of Finance is shifting.
Emerging financial technologies are opening the door to allow
new players to provide international fincanial and banking
services.
Together, we have the oppotunity to become one of the Leaders
in this new, emerging paradigm of financial and banking
services.

20. Contact:
Zvi ben Yaakov
Phone: 0522-863-246
Email: Zvi@RippleIsrael.co.il
Web: http://RippleIsrael.co.il
More information on Ripple:
http://www.youtube.com/watch?v=9zxA3Gt7y3c
http://www.youtube.com/watch?v=M16ZatXbmLg

21. The Leaders of the new World of Finance