How Financial Institutions Can Benefit From Bankcoin Reserve

Bankcoin Reserve
Bankcoin Reserve
Published in
1 min readNov 19, 2019

As you may know, Bankcoin Reserve was created with the idea of having real world utilisation of its coins. Today we would like to touch upon the exact ways the BCR coin can be used by banks, financial institutions and monetary funds. And by the way, BCR is the only digital currency to employ 9 patent-protected monetary innovations which establish its intrinsic value in the digital economy.

So how exactly can our project be beneficial to the financial services sector?

Innovation For Banks, Financial Institutions and Monetary Funds.

Bankcoin is geared towards banks and financial institutions. Bankcoin is a high value/low volume proposition; exactly what banks, financial institutions, insurance, and monetary funds require. Here’s an example: Bankcoin makes it easy to transfer $100 000 000 from one country to another in just a few seconds; the commission fee for such operation will not exceed $5.

Therefore, the amount of BCR transacted is not an issue. Bankcoin provides governments, banks, family offices, and high-net-worth individuals a quick and viable method to transfer funds from country to country with minimal cost.

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