New Disruptive Blockchain Technology Expected To Revolutionize The Banking System

Asset Token ERC20
Aug 25, 2017 · 2 min read

A new disruptive blockchain technology company Asset Token (www.assettoken.io) is strategically sweeping the industry by its feet. What they have introduced to the cryptocurrency world is a system integrated within a bank that allows the consumers the ability to Transfer Credit Card Rewards Points to Partner Banks or more desirable Rewards Programs. Currently right now rewards points are setup to be used for goods and services. Asset Tokens can be bought and sold on participating Crypto Exchanges and added to consumers participating Rewards Points Programs. According to one of Asset Tokens partners Andrew Stanford he stated that “asset tokens can be integrated seamlessly without any consumer or business disruption. He also said that “banks spend approximately a billion dollars a year on technology and believes that banks will see cost reductions deploying the self-sustaining Asset Token Eco System.”

Banks are interested in blockchain. However, most banks are still in the early phases of adoption, with about three-quarters either involved in a proof-of-concept, formulating their blockchain strategy, or just beginning to dive into it. One bank that has been taking the blockchain industry buy the storm is Bank of America. Bank America has filed 20 blockchain patents since 2016.According to Bank of America's Chief Operations and Technology Officer Catherine Bessant, she said “it’s very important in the intellectual property world to reserve a spot even before we know what the blockchain application might be. She also stated, “the only way to know the blockchain application is for banks to get in there and figure it out.”

Asset Tokens is currently holding a Pre-ICO campaign on their website at www.assettoken.io and is offering pre-investors a discount rate of 50 percent off the asset tokens until they ICO. Asset Token anticipates on Bank of America and numerous financial institutions integrating their advanced disruptive technology sooner than later since the future of digital money is already here thanks to Bitcoin. For more information regarding their ICO project contact a digital asset manager at info@assettoken.io

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Asset Token ERC20

Asset Token allows consumers the ability to transfer credit card rewards points to partner banks or more desirable rewards programs

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