BANKEX Monthly Update: October, 2018

Check out the BANKEX milestones from October 2018.

BANKEX
BANKEX  -  Proof-of-Asset Protocol
4 min readNov 12, 2018

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Service Events

BANKEX Custody Service Bug Bounty

BANKEX Custody Service stores your crypto assets with unparalleled security. As a blockchain version of the traditional deposit box, BANKEX Custody will make it possible for crypto funds to be distributed even postmortem.

Further, everybody at BANKEX knows that it is impossible to break into BANKEX Custody. But BANKEX decided to make sure the assertion was backed up.

Hence, to close any holes that might let some bad actor hack Custody, BANKEX launched BANKEX Custody Bug Bounty.

According to the Bug Bounty rules, BANKEX is offering a reward of up to $15,000 to those who find a serious bug or vulnerability in BANKEX Custody Service. The Bug Bounty program will run for 6 months: from October 15, 2018 to April 15, 2019.

New Services

New Online Wallet for BKX Token

The BKX Token was made available in Jaxx Liberty, one of the leading multi-platform digital asset wallets. Now all users of Jaxx Liberty can send, receive, transfer, and manage their BKX tokens.

Jaxx Liberty was developed by Anthony Di Iorio, co-founder of Etherium and founder and CEO of Decentral Inc. This wallet has a streamlined and module-based interface that gives its users the opportunity to easily use their BKX tokens. Jaxx Liberty is also integrated with ShapeShift, a service that makes exchanging cryptocurrencies faster and simpler. Jaxx Liberty is currently available on Android and iOS (mobile and tablet). It can be downloaded as a Chrome extension, and Mac, Windows, and Linux versions are coming soon. Since the launch of Jaxx Liberty, it had been downloaded millions of times, making it one of the most popular wallets in the market.

Media

BANKEX Welcomes Hacks to Its Custody Service With Reward of $15K

BKX Tokens are now Available in Jaxx Liberty

BANKEX Teams up to Develop The First Quantum Resistant Isogeny-Based PAKE Protocol

New Events

In October, BANKEX CEO Igor Khmel took part in the Sibos Conference in Sydney, Australia. In the special Sibos panel devoted to crypto assets, Igor Khmel spoke about BANKEX and expressed his opinion about the development of the crypto asset market.

The BANKEX team took part in two hackathons this October, one held in San Francisco and the other in Moscow.

In San Francisco, the BANKEX Foundation members Arsenii Pechenkin, Nick Kozlov, and Kirill Kuznetsov won a sponsored nomination by creating Feth, a protocol that gives its users the possibility to sign and send cryptocurrency transactions via Telegram and Facebook messengers.

At the Moscow hackathon, BANKEX created a CTF blockchain challenge. In addition, BANKEX Foundation member Nick Kozlov gave a lecture on how to work in Solidity.

What to Expect in November

In November, BANKEX is launching its new Digital Deal service. Digital Deal is a suite of products that allows clients and contractors to provide each other the necessary guarantees to work together without intermediaries in the cryptosphere.

So, stay tuned! This November will be very eventful, like every month in BANKEX.

We love to interact with our blockchain community, so feel free to contact us with any questions you may have. We are always glad to meet new people interested in fintech and explain how this crypto stuff works and make new friends.

In the BANKEX Monthly Update, we publish news and notes about the hardworking BANKEX team, its professional activities, and achievements. We also announce plans for initiatives and milestones towards realizing ongoing projects and goals, and we share information about BANKEX’s participation in events in fintech, blockchain, and other spheres.

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BANKEX
BANKEX  -  Proof-of-Asset Protocol

Open source PROOF-OF-ASSET protocol to facilitate #digitisation, #tokenisation & exchange of traditional assets. All things #cryptocurrency #fintech #blockchain