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IPFS News Link • Blockchain

Bankera: The Bank For The Blockchain Era

• https://www.cryptocoinsnews.com

As the bank for the blockchain era, Bankera is well on its way to achieving the economies of scale that major banks enjoy, but utilizing the advantages of blockchain technology. The company already has significant infrastructure and financial services in place, which will prove advantageous to investors when the company's ICO begins Nov. 27, 2017.

Having recently concluded a pre-ICO that netted 2.5 billion BNK tokens worth 25 million Euros, Bankera is already paying weekly commissions based on 20% of net transactional revenue as it is already operational via its MVP SpectroCoin.

Under the brand name SpectroCoin, Bankera already operates a cryptocurrency exchange, an e-wallet, a debit card and payment processing service. SpectroCoin provides Bankera a ready client base of more than 400,000 users, more than 63,000 payment cards, an average daily volume of 580,000 Euros, as well as the support of more than 50 blockchain specialists.

Hence, the core financial infrastructure for banking has been established, as SpectroCoin banking services include payment processing, debit cards, global bank accounts, foreign exchange and more.

A Strategic Approach

Bankera takes a strategic approach to banking, focusing on scale and removing counterparties to offer more cost-efficient banking services using blockchain technology. Where most financial blockchain projects focus on one financial project, such as lending or remittances, Bankera focuses on building a bank that will be a one-stop financial services shop, in the manner of traditional banks.

The company has an IT infrastructure established and the necessary regulatory arrangements to offer IBANs that can be used to make and accept payments in the Single Euro Payments Area (SEPA).

These advantages give Bankera the ability to offer competitive foreign currency exchange rates, in addition to cost efficient global bank wires and a payment card. The technology already includes SEPA payments, payment card integration, bank ledger, bitcoin, Ethereum, Dash, fraud analytics and more. NEM is coming soon.

The company will seek additional licenses to support a full spectrum of both fiat and digital currencies, and support cross border transactions without intermediaries. It will participate in financial networks such as SEPA in the EU, Faster Payments in the U.K. and ETF in Canada, and serve as an issuer of major payment card schemes.

For business customers, Bankera will improve cash flow by extending finance for payment processing.

For consumers, it will create an investment vehicle that automatically makes adjustments in relation to inflation.


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