European Crypto Bank (ECB) is building one of a kind bank and trading platform for the investors who actively participate in the Bitcoins and cryptocurrencies market on the blockchain platform. The ECB is gathering the required resources and taking care of the legal authority approval to make it long-term sustainable technology.
The European Crypto Bank will create a revolution in the cryptocurrency market. It is estimated that the cryptocurrency investment will reach the trillions of dollars under the umbrella of the European Crypto bank.
More people will have access to the technology. Anyone who is interested in the trading can join the ECB and start trading immediately.
Many experts from all around the globe are participating to make this system a reality. The French government, Italian government, English wealth and assets bankers, tax specialists, computer scientists, mathematicians and blockchain engineers are coming together to share their industry knowledge to make the platform.
They are working with the team to facilitate access to the cryptocurrencies market to the general public.
What major problem the ECB will be solving?
The current blockchain and cryptocurrency market do now any control over the transaction, buying and selling facilities. Many people find a hard time to understand the system.
Even at some point, it becomes difficult to monitor for the investors as there are many cryptocurrency programs running simultaneously.
The biggest problem with the cryptocurrency market is the government do not have any control over it. The system runs autonomously without providing any authorized document to the local government. This is why the cryptocurrency investment is banned in many countries.
The cryptocurrency market potent threat to the economy. You do not get any KYC data of the users who are dealing in the market.
Not completely secure:
Another problem with the cryptocurrency market is in some way it is not the secure trading platform. If someone hacks your cryptocurrency wallet and steal your crypto fund, then you will not have any proof to get the fund back. You can reach the local government for help.
Generally, when you transact the money in the local bank, the bank keeps the record with themselves. If you inform them that some fund is transferred without your approval, then the bank can recover that money from the receiver of the fund. The bank works in the highly secure environment and provides complete security for your money.
You can not expect this facility from the cryptocurrency market. There are many incidents recorded recently where the hacker stole the cryptocurrencies from the investors.
Solution:
The ECB will be making the current crypto market completely secure for the users. They will be taking KYC registration of each investor before allowing them to invest in the cryptocurrency market. Each transaction will be monitored and recorded in the system.
The user can report any fraudulent activity in the system. The ECB will take care the fund reversal process and block the transaction to secure the fund from withdrawing.
The ECB will be working closely with the government and streamline the tax policy for the cryptocurrency market. The cryptocurrency market will work under the legal juristic and make it accessible for general public.
The other countries can also join the ECB platform later and allow their people to trade in the cryptocurrency market securely.
The ultimate goal of the ECB platform is making the cryptocurrency market available for all in the highly secure way.
Token Sale:
The limited amount of token is kept for the public buying. It is recommended that people should grab the opportunity as early as possible. Participate in the new technology and earn more.
For More Details
Official Web: https://www.europeancryptobank.io/
Facebook : https://www.facebook.com/EuropeanCryptoBank
Twitter:: https://twitter.com/EuropeanCryptoB
ANN Thread : https://bitcointalk.org/index.php?topic=2824525.0
Telegram : https://t.me/europeancryptobank
Author Details :
Bountyhive Username: ichathu
My Link: https://bountyhive.io/r/ichathu
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