Innovation has had an unrivalled effect on every industry in the world. Organizations like Uber, AirBnB, and Netflix have been pioneers of change and interruption, rethinking the areas of transportation, convenience, and stimulation with new and imaginative business models. The finance industry, on the other hand, hasn’t seen much advancement and clients’ accounts are still responsible for a modest bunch of built up suppliers that work in an exceptionally conventional form.
However, FinTech financial technologies like Baanx.com are looking to improve on the traditional banking industry. The mission of the platform is to remove boundaries in the financial sector and provide each user with easy access to both fiat and alternative financial services. Thus, Baanx.com will be able to stop the monopoly on traditional banking institutions with your help.
The Vision
Traditional banks have out-lived their time – sub-par consumer experience, not enough transparency and the evident inability to cater to millennials’ lifestyles. Baanx.com aims to re-invent the way people manage their finances. More efficiency, more productivity and most of all more transparency will mean better results. In 2018, Baanx.com is set to launch the first global decentralized Cryptobank network on blockchain which shares Bank Ownership and the use of Bank Licenses with new Cryptobank brands to grow the Network as fast as possible!
Baanx.com are building the first global bank which can provide a revolutionary service to people all around the world. Their mission is to remove borders in the financial sector, and to ensure that every citizen has access to alternative financial services.
How Safe is Baanx.com?
Cryptocurrency is a decentralized market which means you are entirely responsible for your own loss be that from fraud, scams or illicit activity.
However, Baanx.com is the first Cryptobank network to provide their users with comprehensive support, protection and insurance against these illicit actions. They provide their customers with the guarantee that if they are targeted by or fall victim to this activity they can be refunded just like a traditional bank.
Baanx.com deliver a simple way of managing digital assets safely by bridging the gap between markets and the crypto world. They ease the process of converting cryptocurrencies to derivative financial assets, thereby fostering the adoption of cryptocurrencies. This development in Cryptobanking will inevitably drive an influx of transition between the fiat assets and the legitimate cryptocurrencies.
Baanx.com is a cutting-edge business that provides support to their customers through automation, AI and robo-advisors. However, if all this does not resolve the problem users can escalate their queries directly to a team member. This ensures incidents can be reviewed on a case-by-case basis and allows the team to guide you through the process to resolve and reimburse you for your loss.
The business also has a number of other security precautions in place including two factor authentication processes when using the function. Baanx.com has additional benefits of being able to temporarily freeze your Cryptocurrency within the app allowing you to avoid any losses that may be incurred from drops in the market.
Overall Baanx.com is leading the way in Cryptosecurity and providing you with the best opportunity to hold onto your Cryptocurrency with minimal effort.
How Does Baanx.com Work in the Real World?
Powered by blockchain technology and crypto currencies, Baanx.com’s marketplace allows a user to select between various Crypto and Fiat service-providers, all within the same app. To ensure a seamless experience and operational efficiency, all service-providers are connected via an open platform.
Baanx.com users are not required to convert their crypto assets into fiat in order to pay for goods, as they will now be able to perform crypto transactions in the exact same fashion.
Overall, Baanx.com pride themselves on being a bank for the people and look to invite anyone who shares their vision to join the movement today.
Join the Fight Today!
If you are interested in learning more about the Baanx.com movement then check them out at www.baanx.com and learn how you can support change in banking, decentralisation and open source, open access and open ownership for Cryptobanks.
Social Media:
Twitter: https://twitter.com/baanxcom
Facebook: https://www.facebook.com/baanx.io/
Reddit: https://www.reddit.com/user/baanx
Written by:
Sarah Murray
Communications Manager at Baanx.com
