The truth is, businesses do not have to launch their own ICO.

Blockchain has the potential to reshape the economy and it is a low-cost market disruption to any business that acts as a middleman, which eliminates the need for an intermediary, and it impacts some of the biggest technology companies. People will be able to connect, share, and transact directly with one another, shifting into the real sharing economy.

Reputations are primarily driven by their digital presence and we tend to trust a person’s online reviews more and more. Blockchain technology can store digital identities and peer-to-peer reviews of individuals and companies. Thus, it will lead to the foundation of the trust economy. For example, a blockchain-based digital identity and trust level can verify that a person or a business exists. Consequently, his or her trust elements could automatically be inserted into smart contracts when engaging in business transactions with them.

The problem is, what happen when a person is not applicable for any kind of loans? What if a highly potential business is hardly to grow because of the lack of capital?

BANKEX offers an alternative way of receiving capital for business development, called ISAO.

Instead of creating your own tokens, hire programmers, deal with technical difficulties and launch Initial Coin Offering (ICO), BANKEX proposes Initial Smart Assets Offering (ISAO)which is backed by tokenized assets. This solution will be more suitable to any business with real assets, without need to deal with the stress and hassle of an ICO.

In the ISAO, there are 3 entities that involved in the process:

1. Originator, the owner of an asset.
2. Supplier, the purchaser of the tokenized asset, i.e investor.
3. Product owner, the company that creates fintech products as well as provides technology for tokenization, e.g. BANKEX.

The ISAO process wil be like this; Originators are granted with new business opportunities, suppliers can increase their investment portfolio, and product owners benefit from conducting transactions between originators and suppliers.

BANKEX ISAO will improve user adoption, especially to the traditional business sectors.