Introduction
Banks were part of the history of human development. Providing the necessary services to people and business. Today they are bigger and stronger than the state governments. They control the entire economy of the country and determine their future in a globalized world. People are increasingly dependent on banks for their financial needs. As the world enters the digital platform, they are slowly moving towards the development of innovative online products and services. Fintech companies began offering products on the Internet, which the traditional banking system can not do. They created the next financial revolution in the financial world.
While banks are inefficient in their work. They have become profitable channels of the economy. They lack adequate infrastructure to support the banking needs of everyone, especially in poor countries. They are afraid of future trends, because in the future their existence seems unnecessary. There are several problems in the current banking system. Some of them are mentioned below.
- Lack of transparency
- Centralized character of the system
- High operating costs
- Slow growth in developing and poor countries
- Lack of security measures in cybersecurity
There is a need for a digital platform based on the latest technologies. A platform that offers easy credit lines and inexpensive financial services. A platform offering banking services, not being a bank. As Bill Gates said: “Banking is necessary, banks are not.”
The proposed solution ( http://theblock-bank.com/ )
BlockBank offers the perfect solution. It is based on Blockchain technology and Smart-contract. It provides transparency and security. This is the first cryptographic bank offering services for crediting cryptographic crediting and fiatu. This is the latest B2B platform. Smart Contract is used to secure transactions between different parties. Added security in the transaction is provided by Smart Contract. BlockBank will provide corporate customers with non-standard products and inexpensive financial products.
They will have their own encryption tools with the online service. Clients can directly finance the projects they have chosen. It aims at generating revenue from various sources, as indicated below.
- Financial planning services
- Provision of commercial lending services
- He will provide the commercial assets of a commercial bank, physical assets and assets securitized
- Licenses for obtaining a license token
BlockBank is a promising platform that uses next-generation technology to solve one of the biggest problems in business. Financing of any business is of paramount importance. There are several functions in the BlockBank ecosystem. Below are some key features of the platforms.
- Based on the technology of DDAMS (Digital Direct Application Management) Blockchain
- Optimized workflow on the platform
- Automatic notification for users
- Real-time update for products and services
- Smooth platform interface design
- Easy Reporting is available in the BlockBank ecosystem
- Partnership with the largest banks in the world
- BlockBank affiliate program
- Applies to all licenses and regulatory requirements.
BlockBank aims to become the leading choice for companies that need credit support. Its revolutionary platform will allow to minimize transaction costs and provide easy credit to any person in the world.
ICO
They begin a massive campaign to create support and finance for their project. This is already covered by many international digital magazines. Their pre-sale ICO began on November 6, 2017 and continues until December 15, 2017. Their token is available under the BBRT (Bank Bank Reserve) token, which is equal to $ 0.2. In the pre-sale 10 000 000 tokens are available. Their ICO structure is divided into three stages: first there is the pre-sale ICO, which is currently active, the second is the preliminary ICO, and the third is the main ICO. Each stage has a different symbolic value.
The acceptable currency for the production of tokens is BTC, ETH, etc. They accept a security for tokens, such as legal fees and physical assets. They have a special media distribution program. They offer different rates in different social networks.
In this pool, 30,000,000 tokens are available.
They have an excellent group of people who are experts in the field of Blockchain technology, the development of Smart Contract, entrepreneurship and banking operations. The founder of BlockBank is Adam Caffee. They secured the legal services of leading lawyers in different countries.
Why should you invest?
Crypto currency and crypto lending are set for a revolution in the global financial market. BlockBank with its next generation technology will become the market leader in the coming years. BlockBank offers a transparent and reliable system for cryptographic and financial lending. We need more funding in important sectors such as healthcare, education and BlockBank, which will play an important role in this.
Road map
Website: http://theblock-bank.com/
Technical document: http://theblock-bank.com/pdf/blockbank_whitepaper.pdf
My BTT profile: https://bitcointalk.org/index.php?action=profile;u=1297831