Baanx ensures that everyone has access to full-service cryptocurrency banking services

A large number of intermediaries such as primary banks, brokerage firms and intermediary banks are usually involved in trading and financing activities, which means that high fees are being deducted from investors on multiple stages. Excessive bank and brokerage fees can be unattractive and debilitating for investors looking to access different markets.
Also the time is of extremely high value for people who engage in trading or seek financing. Unfortunately, due to having a highly centralized data processing structure in the financial world, a great deal of time will be lost, leading to loss in lead and edge. Additionally, local compliance standards such as KYC and AML are in some cases irrelevant or outdated when trying to comply with international compliance standards. Thus, causing significant complications for foreign investors who are looking for exposure to the local markets.

Most of the world’s banking system is based on older technology- mainframe computers, massive central databases, and slow antiquated systems. They are increasingly difficult to maintain, update, and they are, for the most part, incapable of being adapted for the mobile crypto and blockchain / distributed ledger future. One needs look no further than the Lloyds TSB recent loss of online and mobile operations for days, when they tried to ‘upgrade’ their mobile operations to new databases. This level of complication, multiple systems that don’t talk to each other, and slow antiquated systems and infrastructure mean banks will not be early adopters and support new technology.

Market Overview

The Crypto-financial services & Cryptobank potential market place is growing rapidly. Currently there are 4- 5 million daily users of Cryptocurrency but in the coming years industry observers expect 580 million daily users. This incredible surge in Cryptocurrency usage will enable a massive demand for secure, trusted services.

These millions of new customers will want to use Cryptobank services either directly through Baanx’s brands or through one of the 100+ hybrid bank partners which will be part of the ecosystem. This business model means that each brand can offer their existing clients and potential customers addon financial services in a low risk and manageable approach.
In tomorrow’s digital world nearly, any business is exposed to global competition and this increase the value of any business with a brand and the ability to leverage social media to retain customers and acquire new ones. Within this 21st century digital business reality Baanx.com offer any brand with a sufficient size and strong social media awareness to create cryptoservices of a financial nature through Baanx.com.

What is Baanx

Baanx.com is designed as both a Group of Direct to market brands (some already operating) and a Decentralised Open Ownership Cryptobank and Crypto-Financial Services structure to allow the fastest growth in the Blockchain era. This means the Baanx OpenAPI is an open platform concept where other Cryptobank entrants can join Baanx platform, share their licenses and easily launch their own licensed Crypto products to their customer following quickly.
By partnering with Baanx.com — hundreds of businesses will be saving huge time and money in setting up Crypto-Financial Services operations tailored to their own needs — with all operating with the BAANX token.

Why Baanx Exist

Currently in the newly emerging Blockchain Crypto-Financial Services market there are huge gaps in product lines from what traditional banks offer to those in the Crypto world.
Baanx was founded to close the gap with secure, innovative products released through the Baanx platform.

• Baanx feels strongly that it is time for Cryptocurrency banking services to be completely accessible throughout the world and for as many people to benefit from the exciting, game changing and growing Cryptobank and Cryptoeconomy market accessible through the Baanx platform and ecosystem.
• Baanx is confident that the growth of the Cryptobank network is a key innovation in the spread of Blockchain, Cryptocurrencies and the decentralization of a sector which can benefit a far wider segment of society through the success of the Baanx project.
• Baanx mobile app products have huge user benefits for the world and ultimately we want users to easily become full owners to change Banking forever during the era of the Cryptobank.

Baanx Goals

• Ensure that everyone has access to full-service cryptocurrency banking services they need in the years to come and delivered as quickly as possible, while encouraging worldwide adoption of crypto in personal and merchant services.
• Through our decentralised growth structure we can expect rapid adoption of Cryptobank services throughout the world.
• Utilising Blockchain technology and being a decentralised Crypto-Financial Services and Cryptobank Network, Baanx.com will be able to offer secure, faster, better, cheaper full-service banking, payments, deposit, investment and lending services, as well as better returns on savings.
• Baanx has started building a secure blockchain bank from the ground up, with a ‘mobile first’ approach, and offering the products and services from the best Fintechs from around the world, in order to take banking into the 21st century.

Baanx has a clear Vision

Baanx has a strong vision, a sound business model, and a hugely talented team with the experience to run and grow a business very fast with our Banktech and Fintech product suite. They have the necessary licenses and partnerships with key technology firms to grow the users for the products seen.

Baanx Crypto-financial services

Baanx.com is designed as both a Group of Direct to market brands (some already operating) and a Decentralised Open Ownership Cryptobank and Crypto-Financial Services structure to allow the fastest growth in the Blockchain era. This means the Baanx OpenAPI is an open platform concept where other Cryptobank entrants can join Baanx platform, share their licenses and easily launch their own licensed Crypto products to their customer following quickly. By partnering with Baanx.com — hundreds of businesses will be saving huge time and money in setting up Crypto-Financial Services operations tailored to their own needs — with all operating with the BAANX token.

The Baanx Cryptobank network is a clear vision, where everyone involved in both the decentralised ownership structure of operating Cryptobanks and Fintechs on the platform, as well as Token Sale participants, benefit greatly in the success of the project and Banking in general. the world would be a better place with a decentralised, shared ownership banking structure, spreading the profits of the Financial Services sector across wider society and not just being in the hands of a small number of enormous traditional banks.

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