5 Things You Need To Know About BANKEX Partners

BANKEX
BANKEX  -  Proof-of-Asset Protocol
3 min readDec 18, 2017

As a fintech company, BANKEX has always been keen on establishing new collaborative innovation partnerships to acquire new technology and develop new products. Our numerous partners share our passion for blockchain and Proof-of-Asset Protocol. Here are five things you need to know about BANKEX partners:

  1. BANKEX has already started the cooperation with 9 of the largest banks in the world. Due to legal reasons, we are not able to disclose their names at this stage. The overall capitalization involved in the partnership is about $436 billions. It is not always easy working with banks. BANKEX CEO Igor Khmel, an industry insider, knows well that banks have plenty of troubles with assessing new companies as well as going through the bureaucracy in the process.

«When I was working for banks, I saw the biggest banks can only handle a maximum of ten new projects per year, 20–30 percent of them became commercially viable. Therefore, banks get disrupted because they are so slow and hard to move forward. They don’t like to take risks as their Service Level Agreements are astronomical and they are reluctant to go for startups, which usually have a higher liability», — says Mr. Khmel.

Another dilemma is that banks are only interested in projects that already attract other banks.

“No bank wants to work with you unless you already have worked with other banks. No bank wants to be your first customer. Credibility is everything,” Mr. Khmel explains.

We’ve partnered with 9 banks, since they trust our team, projects, and technologies. (And as a result, the growth in token value in the future)

2. One stock exchange as a fintech partner has decided to be our partner. As you may know, stock exchanges are instruments aiming to mobilize financial resources to facilitate their optimal utilisation in profitable investment projects. This stock exchange is working with us to establish a crypto asset custodian, you can read about it in our previous article. As serious financial companies, stock exchanges would not work with unverified companies. What they are looking for in a potential partner is one that holds high professional standards. +1 to BANKEX.

3. Secret strategic backers. We haven’t disclosed information about them, but we have 20 strategic backers, who are ready to support us and our projects. Among them, some of the most influential companies:

— Ethereum Enterprise Alliance: Enterprise Ethereum Alliance (EEA) is a non-profit alliance dedicated to supporting and promoting technologies and standards based on Ethereum;

— The Entrust Group: a leading self-directed Individual Retirement Account (IRA) administrator;

— Microsoft Azure .

4. More than 3 500 people are clients of the BANKEX Lab project. Who are they? The clients of our projects are not operating on blockchain now, but will be once we start! We have several projects, the most notable one is FinDostavka, which delivers credit cards to home and now there are about 200 deliveries a day. Clients of the BANKEX Lab are the first ones operated in the BANKEX ecosystem.

5. Finally, we can’t ignore the fact that more than 30 000 people have followed us on different social network platforms. All the blog articles and social media posts are written by BANKEX staff.

To sum up, BANKEX is building a complicated fintech product which has already been recognized by many companies, individuals and crypto-enthusiasts. Now that you’ve learned about our partners, you might be asking: how to become a part of BANKEX?

Join BANKEX Token Sale: https://bankex.com/account/signup

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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