Business Development with BANKEX

BANKEX is a particular service like banking one based on the blockchain building the Proof-of-asset-Protocol. It acts as a fintech company. There is understanding that nowadays a lot of different banking systems exist with outdated architecture. So, the developers of the platform decide to create a community consisting of participators of the financial markets, which agree to profit from common money when it is needed. They offer tools and technologies helping to adopt the modern requirements of traditional institutions and to enable owners of assets to reach Financial markets quickly and sell their assets as a digital products with a high level of transparency.

BANKEX uses the unique product providing the fungibility of asset liquidity. This is the Proof-of-Asset Protocol, thanks to which the tokens released within the protocol are ensured with an asset which can be tracked automatically. It is used together with blockchain technologies and Bank-asa-Service (BaaS).

The principle of work of the protocol is simple. The client gives his asset to BANKEX, the company tokenizes it, and converts it into money for the bank. Thus, the created marketplace is preferred by banks due to beneficial liquidity and by investors because they can predict their cash flow.

Find out more interesting things about the platform here https://bankex.com.

What Is BaaS?

Bank-as-a-Service allows creating various financial products, which can be easily adjusted to different technological solutions and jurisdictions. The two main groups of interested people are involved in this process. One of them consists of developers and idea providers acting within various jurisdictions. The other one is formed by fintech-companies, banks and so on, which are ready to launch new projects. The platform enables such companies to expand to other markets without any restrictions. The process is simple and fast. There is no need to find the ways to integrate the projects with local legislation because the platform includes technological and legal integration. The originator is able to represent his product directly to the end client. The end client, for example, a bank, does not need to communicate with any third party. The platform offers the most convenient conditions for all members.

Why Should You Choose BANKEX?

• BANKEX tokenizes various kinds of assets compared to other platforms where tokenization is executed. This is possible due to its modular structure meaning that Proof-of-Asset protocol allows creating tokens for almost any type of assets.
• A wide choice of assets means that a great number of asset owners can benefit from this crypto-fintech platform.
• As a result everybody gets standardized end-product, which allows direct trading without need in auditing, particular legal procedures or so on.
• Here the users can enjoy the advantages of blockchain technology as to arrangement of the flow of diverse assets.
• Every member can use a token as a method of payment including investing into various projects as well as getting return of investment.
• It reduces the expenses connected with the transfer of assets including accounting and legal expenditures.
• In order to buy tokens you can use a wide range of cryptocurrency like ETH, BTC, WAVES, TIME, Litecoin, SOLT. In its turns tokens can be used for relevant transactions within BANKEX ecosystem.

BankEx can be considered as a private intrabank market increasing the liquidity of bank assets. To find out more about benefits of this ecosystem you can visit its website https://bankex.com.

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