BlockBank

Add to compare

ICO websiteWhite paper


BlockBank ICO details

Start Date: 2018-2-8

End date: 2018-3-15

    • Category: Banking
    • Token: BBRT
    • Type: ERC20
    • Initial price: 1 LNC = 0.0003 ETH
    • Bonus:
    • Accepting:
    • Hard cap: 350,500,000 USD

The mission and vision of BlockBank will revolutionize the banking industry to make credit more available and affordable to the un-banked or underbanked countries. BlockBank will serve as a funding platform.

BlockBank project attractiveness

Block Bank is a next generation Bank and utilises modern technology to improve efficiency and security.
Transparency and immutability
Changes to public blockchains are publicly viewable by all parties creating transparency, and all transactions are immutable, meaning they cannot be altered or deleted or recovered.

Low cost
By eliminating third party intermediaries and overhead costs for exchanging assets, blockchains have the potential to greatly reduce transaction fees.

Faster transactions
Interbank transactions can potentially take days for clearing and final settlement, especially outside of working hours. Blockchain transactions can reduce transaction times to minutes and are processed 24/7

Pseudonymity
All transactions being added to a single public ledger, any wallet addresses is random characters that cannot intrinsically be associated with a specific individual. This enables a high degree of privacy when required.

Security and integrity
Blockchain is maintained by a large network of participants, no one actor can easily gain enough influence to submit a fraudulent transaction or successfully alter recorded data. Users can trust that transactions will be executed as the protocol commands removing the need for a trusted third party.

High quality data
Blockchain data is complete, consistent, timely, accurate, and widely available.

BLOCK BANK BENEFITS FOR USERS

As part of the company mission BlockBank we be lending locally into domestic Smes and Commercial entities.

Affordable lending products will also be available to government offices, and infrastructure development projects such as , nutrition, energy and waste management services.

BlockBank proposes a revenue share allocation to a charity to be confirmed in licensed jurisdictions.

Development of rural areas and infrastructure development loans are an integral component of the BlockBank long term objective of providing affordable funding for long term projects which will have a positive impact on the community.

BUSINESS STRATEGY

The Block Bank primary objective is to make money in a complaint manor in line with the company code of conduct and core values.

The management of risk is a core pillar in our code of conduct. Block Bank will only lend on a secured basis.

To further mitigate risk to the balance sheet B Block Bank will lend to a maximum 85% Loan to value. Block Bank will also adhere to the voluntary Basel iii accord regulations.

All lending will be conducted on a secured basis. High risk secured lending may be conducted in stages as well as under supervision to further reduce risk to the company.

Team

Adam Cuffe

Founder Project Director

Anton Dzyatkovskii

Emerging Markets

Dmitry Machikhin

Legal Russian Markets

Yusuf Sozi

Sales Officer

Stephen Widdison

Chief Operations Officer

Vitalii Biriukov

Blockchain team lead architect

Vladimir Sergeev

Team lead backend web developer

Elena Morozova

Team lead frontend web developer

Nikolai Zhulinskyi

Web developer

Alexandr Brusentsov

UI/UX designer

BlockBank Advisors

David Chan

Real Estate Advisor

Sufe Miah

Legal Advisor United Kingdom

Volodymyr Malyshkin

ICO expert

Angela Morrison

Strategic Partnerships Middle East

Milestones

06/09/2017 to 20/10/2017
IBC license Application preparation
01/10/2017 to 07/10/2017
Barcelona Blockchain Event. Crypto friends meeting up.
20/10/2017 to 27/10/2017
Banking license application payment and submission.
27/10/2017 to 03/11/2017
Swift Network Alliance 2 application.
02/11/2017 to 30/11/2017
Initial payment and Training on core banking software.
01/12/2017
Block Bank ICO marketing campaign LAUNCHING.
26/01/2018 to 09/02/2018
Banking License acquisition.
11/02/2018
Block Bank Capital ICO LAUNCHING.

Get the Best ICO's in your inbox

Don't worry we don't spam

We will be happy to hear your thoughts

      Leave a reply

      Register New Account
      Reset Password
      Compare items
      • Total (0)
      Compare
      0