Lightnet

Lightnet is the next generation financial network that is built on the true interoperability concept by bridging between existing banking rail and non-bank agent network to provide efficient and instantaneous transactions. Lightnet was co-founded by Chatchaval Jiaravanon -- a family member of the Charoen Pokphand Group in Thailand -- and serial tech entrepreneur and former investment banker Tridbodi Arunanondchai. Lightnet aims to disrupt a trillion U.S. dollar global remittance market, starting with the millions of unbanked migrant workers who rely on outdated, costly and fragmented services in major Southeast Asian markets. These services, valued at $150 billion, are ripe for the advent of Lightnet's smart contracts and distributed ledgers, now well-positioned to replace the decades-old, inefficient SWIFT system and unreliable underground banking.