Importance of blockchain technology in both traditional and crypto banking

in blockchain •  6 years ago 

Blockchain technology is one unique initiative that has influenced a lot of activities in the 21st century. This is because this technology ensures decentralization where there is transparency, accountability, security, speed as well as safety. A blockchain in crypto and traditional banking means a lot of good things, especially to the customers.

In the past, banking home involved a lot of processes as well as paperwork.  For instance, you had to present things such as our identity card among other papers. You had to take a walk to your nearby bank branch in order to deposit money. Moreover, transferring money meant that you had to appear in your bank physically to consent the transfer and there were some charges involved.  After this, you were served with some papers which were to be signed and kept for future reference in case of any problems regarding the transaction. 

This is unlike what blockchain offers bank customers. Through blockchain, baking has never been made this easy. The process is so simple, seamless and enjoyable. Did you know that Cryptov8 platform now brings blockchain to crypto banking as well as traditional banking? Even though this platform is offering a new technology altogether, “digital banking”, they are not abandoning the traditional baking services as well as products. Instead, the platform is integrating blockchain so that they can improve their traditional banking services and products for instance, through this technology, customers are fully represented, and the platform is more concerned with meeting their needs which ensures that both the platform and the customer benefits from their services and products. 

Through blockchain, customers can trace, and their transactions and the bank can as well account for their deductions. Moreover, the transactions are now being processed quite fast, and it does not matter the quantity hence the customers will no longer wait for the pending transactions which most of the times inconvenienced them. 

Through Cryptov8 platform and blockchain technology, crypto customers are now able to deposit their crypto the way they are without exchanging which in most cases the charges were unbearable making the whole thing expensive.  Did you know that through this platform you can now transfer crypto to your friend in crypto form? This has made banking quite easy and enjoyable.

Crypto customers can as well make their deposits in crypto and withdraw in fiat cash. This is because this platform also has an exchange platform that offers amazing exchange rates to its customers. Moreover, this platform offers educational programs to its crypto customers so that they can learn how to manage your crypto accounts as well as how to make sure that they are getting the best crypto exchange rates among not to mention how to behave in a cryptocurrency market. 

There is no doubt that Cryptov8platform is making a big difference in the banking system which also ensures that the use of cryptocurrency is popularized throughout the best of the world making sure that there is security and the customers are protected against fraud, hack as well as other criminals. 

Website: https://www.cryptov8.com

Telegram: https://t.me/cryptov8

Whitepaper: https://docs.google.com/gview?url=https://www.cryptov8.com/wp-content/uploads/2018/07/Cryptov8_White_Paper_v1.3.6-3MB-1.pdf&embedded=true

Facebook link : https://www.facebook.com/Cryptov8

My bitcointalk URL : https://bitcointalk.org/index.php?action=profile;u=1490344

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