Block Bank
Telegram: https://t.me/BlockBank_cash
Investment risk: Medium-low
What: Bespoke commercial banking
Когда: ICO 01.03.2018–15.03.2018
Mission of the project
To revolutionize as well as simplify the banking industry, by using a new progressive technology and make credits more available and affordable.
About the project
Block Bank is a digital funding platform. It has a number of distinctions from other cryptobanks, which will be mentioned further. Among benefits over traditional banking institutions -
1. Operates through smart contracts - giving automatisation and transperance to clients and external parties. Transactions are immutable, so they cannot be altered or deleted or recovered.
2. Eliminates cross border problem - anyone in the world can be block bank’s client
3. Operates with both Fiat and Crypto lending
4. Lower fees, duу to the fact that there are no third party intermediaries and overhead costs for exchanging assets
5. More secure, because no one actor can easily gain enough influence to submit a fraudulent transaction or successfully alter recorded data
Special features
1. Block Bank satisfes all necessary banking regulations
- International banking licence
- Basel ii и Basel iii (Compliance)
- Data protection licence
- Public liability insurance
2. How to make money with Block Bank
- Partner Code - Users can make up to 30% commission by connecting people in their network to Block Bank with a partner code
- Long Term Apreciation - BBRT token owners can earn up to 80% of block bank net profits, which is a great deal
3. Using DDAMS to store all banking information
4. Only business loans (with reserve block bank reserve tokens and real asset rederve)
5. Tokens and coins will always be in demand duу to limited supply.
How can you get a loan
1. If you need a loan for your business (not for individuals)
2. You fill in and send the application
3. If the application is approved (individual innovative scoring)
4. You buy BBC (block bank coins) to buy BBRT (block bank reserve tokens) at 10% from your loan. They will be kept as reserves in Block Bank.
5. And get a loan
Financial:
Tokens: BBRT
Softcap: 500k USD
HardCap: 14,4 mln USD
Price: (1 BBRT = 0.5-0,6 USD)
Accept: ETH
Interesting facts
- Block Bank name comes from Blockchain Bank
- Among team members there is Dmitry Machikhin - CEO of Midex Exchange
- Among partners there is Mambu - the SaaS banking engine
- Already 3,6 mln USD is investmented during re-sale (has not finished yet)