CRYPTVISE - Democratizing The Crypto Banking Industry

in crypto •  3 years ago 

271758169_108053715102294_5010130160354836599_n.jpg

CRYPTVISE: Democratizing The Crypto Banking Industry - Hi everyone, This time we will describe a banking-based project. Carrying on the philosophy of democratizing the crypto banking industry, this project is lauded, for establishing a new concept that facilitates and regulates the economy of life.

Cryptvise is the world's first asset-backed Crypto Bank project. Everyone feels that the inspiration and motivation will change the economic order to success.

Root Problems & Solutions

In each era, the introduction of a new mode of payment has sparked both excitement and skepticism. Financial institutions have thus been in a constant state of conflict whether or not this new form of currency is worth sponsoring.

The dilemma surrounding accepting digital currency to be accepted as legal tender in most countries reinforces the fact that there is distrust that our conventional institutions share on this issue.

Technological advances are faster than we can predict and our systems must always be ready to adapt to them.

The most trusted institutions in any economy are banks. They are considered the safest place to deposit hard-earned money, and the safest way to take out loans, invest and so on whereas digital currencies have secured futuristic wealth positions.

The idea of ​​a founding where the two are combined still seems utopian. The absence of a complete crypto banking institution may be the main reason why crypto is still facing distrust from many.

Cryptocurrencies are volatile and there are no laws to regulate private exchanges most of which operate as trading platforms with only standard licenses.

These exchanges protect themselves beforehand from any action by maintaining the discretion of the customer when trading on the shaft. Unlike banks, exchanges have no legal requirement to maintain a reliable reserve or pool of assets that puts their credibility into question. The lack of any kind of offline presence from this crypto exchange makes it even more difficult to describe it as a trustworthy institution.

Existing financial institutions exercise complete control over their user accounts, meaning they are highly centralized systems with little or no room for users to feel ownership of their accounts.

This extends to the point where users succumb to lower deposit rates, higher loan rates, unregulated fees and charges for essential services and most importantly, no support or even tolerance for cryptocurrencies.

Digital currency has the potential to completely change how society thinks about money. The rise of Bitcoin, Ethereum and thousands of other cryptocurrencies that exist only in electronic form has led global central banks to research how national digital currencies might work. - FORBES

Why should there be Cryptvise?

To bridge the gap between what exists and what is needed, Cryptvise was created to be a constantly evolving, premium asset-backed, global crypto bank converging all crypto transactions on one inviolableplatform.

Cryptvise is created with the vision of converging digitalk and tangible assets on one secure, global platform. The idea was to build a self sufficient, decentralized metaverse that sustains through its own asset pool. Cryptvise is the world's first crypto bank backed by
gold from our licensed gold mines in Tanzania, Africa.

In our ecosystem, you will find:

  • Our new blockchain technology.
  • Smart contracts.
  • A super fast IP backed AI engine.
  • Our revolutionary gold-backed stablecoin- ViseGold.
  • Secured and speedy transactions.
  • Lowest transaction fees

275811609_129381882969477_556030962757542373_n.jpg

Utility Token

A bank with its own utility token is not a thing of the future. ViseToken is Cryptvise’s first utility token created with the vision of absolute inclusivity.

Built on the Tron chain, ViseToken is a smart contract (or DApp) designed to provide multiple benefits to its holders. With this token, users can make payments, settle bills on their credit cards, and even make purchases for other digital assets. As long as ViseTokens are held on the Cryptvise platform, they work as an excellent investment.

Users can lock their tokens in their wallets and gain feasible Returns on Assets (RoA) upto 8%.

ViseToken is currently undergoing its Private Coin Offering (PCO) round and will be available for its seed round within 6 months. Investors are advised to stay updated on the ICO (Initial Coin Offering) and IEO (Initial Exchange Offering) through our website.

Cryptvise has honoured the value of tangible assets when it comes to the stability of digital currencies. To combine the security of Gold as a global asset and the anonymity of cryptocurrency, we are on the road to launch our own stablecoin-ViseGold, backed by pure grade gold from the mines of Tanzania owned and stored by Cryptvise (The value of 1 ViseGold stablecoin will sync with 1 USD worth of tangible assets).

Screenshot_121.png

Fintech Products

ViseGold

Cryptvise indroduces ViseGold an all new stablecoin backed by gold. The valeu of this stablecoin is equal to the market price of 1gm of gold. It can be used to earn interest on staking. Holding ViseGold in your Cryptvise Wallet is like holding real, pure grade gold in your hands.

Cryptvise Prepaid - Credit & Debit Cards

Cryptvise debit and credit cards can be topped up with crypto or fiat currencies for transactions on the go. These cards are connected to your Vise Wallet and exchange accounts.

Vise Token

A utility token for use in the Cryptvise ecosystem, ViseToken is traded on exchanges and is the newest, most versatile utility token purchased through USDT, ETH, TRX and BNB.

Staking

You can lock funds on the Cryptvise platform and earn interest at different rates for various tokens and stablecoins, just like fixed deposits in banks.

DeFi Lending

Cryptvise DeFi Lending platform is secured with blockchains and smart contracts for users who wish to connect with crypto borrowers of lenders. Investors can interact and manage their digital assets through P2P and decentrealized applications with transparency.

Decentralized Insurance

Cryptbise provides a secure and reliable solution for decentralized insurance for any valuable possession using crypto or fiat currencies. This transparent network is an ideal solution to eliminate insurance fraud.

Screenshot_122.png

Summary

As a decentralized bank, Cryptvise includes all forms of fintech products and services- decentralized insurance, hedge funds, wealth management guidance, trading and exchange.

This multi-dimensional platform is backed by a reliable asset pool to fund and secure all the operations to give our users the trust of a global bank.

As a democratic platform, we aim to amplify the voices and opinions of each Cryptvise user. We aim to create a network where users can interact and share their take on decisions we take.

For more information:

Author identity:

crypto cryptocurrency bank banking financial
3 years ago by

Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

  • Disagreement on rewards
  • Fraud or plagiarism
  • Hate speech or trolling
  • Miscategorized content or spam

Submit
$0.00
    1 vote
    0
    Authors get paid when people like you upvote their post.
    If you enjoyed what you read here, create your account today and start earning FREE STEEM!