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How Does this blockchain Powered Money transfer App Work? - ICO App Factory

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Users from across the globe register in your app. They can transfer money to each other instantly. Here is a simple user journey for your understating: ·  John( U.S ) and Smith ( France ) are Registered Users in your Money Transfer App. ·  John wants to Transfer $1000 to Smith. ·  John Logins to the App > Deposits $1000 inside his account using his Credit Card. The fund shows up in his wallet inside the app. ·  Then he keys in the Mobile number of the person, he wants to send $1000 to. In this case he enters the mobile number of Smith > Immediately Smiths profile shows > He chooses it. ·  He enters the amount he wants to send ie. “$1000” and hits the SEND button. The $1000 gets converted to Cryptocurrency  ( Stellar XLM coins ) > Gets deposited in the wallet of Smith. ·  Smith gets a notification on receiving EURO 880 ie. $1000. ·  Smith clicks Withdraw > The Cryptocurrency gets converted to EURO and gets deposited in his account. As the App owner, Ho