Hi dudes, in today’s post I am going to be reviewing what I consider to be an excellent crypto coin for your investment attention…BANKEX. Want to get in early? Want to maximise your investment in a company with outstanding potential? Then read on…
What is BANKEX?
BANKEX, through Proof-of-Asset protocol (PoA), enables a new generation of assets and contracts creating Decentralized capital markets.
They are creating an Internet of Assets on the principles of Bank-as-a-Service (BaaS), powered by Internet of Things and Artificial Intelligence technologies.
Why does it matter? And why is this better than what we already have?
There are a number of benefits to BANKEX’s approach to creating new financial frontiers:
- Faster transactions through block chain technologies
- Avoidance of cumbersome stock exchanges protocols and rules
- The creation of new decentralised financial markets which moves the loci of power to the consumer
How does Bank-as-a-Service work?
One of the most exciting features on BANKEX is BaaS. This works by offering financial technology companies an ecosystem in which to do business. The roles within this ecosystem include:
- Originator – the owner or owners of an asset
- Supplier – the purchaser of a tokenized asset, i.e. investor.
- Product Owner – the company that creates Fintech products aimed at providing the tech for tokenization, the role, in this case, is carried out by BANKEX.
The roles produce optimal outcomes for all involved; asset expansion, digitization, exposure, market penetration.
Who supports BANKEX?
When I’m looking for a investment to take on, I always look to who is backing the company. Do I recognize the names? Do I trust them? BANKEX has the backers I’m looking for!
BANKEX has gained support from 10 banks, top tech companies including Microsoft. They are also ranked in the Top 9 ICO by Entrepreneur and is considered to be in the Top 50 Fintech start-ups in the world.
All in all, I really like BANKEX. If you are interested I’d definitely recommend a visit to their website, or even check out their white paper which is one of the best I’ve read in terms of technical aspects of the project. I’d give this one a strong 10/10 and it’s currently in Token Sale so head on over there soon.