Today, the demand for digital money is very high. Internet digital currency is safe and accessible helping people without bank accounts providing access to funds and also allows making fast and cheap transfers of funds without any geographic restrictions. Smartphone popularity in developed countries and speed of its expansion in developing countries offers banking services. The popularity of digital banking in the world does not slow down.
The Blockchain technology is faster, more efficient and less fallible. Blockchain can save time and money for banks and make payments practically momentary for users. However, the decentralized nature of blockchain significantly troubles the performance of any fraudulent and criminal operations.
Banks block client accounts who anyway are related to cryptocurrencies. This problem exists in many countries. Banks sabotage the process of its implementation in everyday life, strongly disturbing the openings of such accounts for companies, performing ICO, and also may block the account of such company at any moment. This creates a big problem for th
Website: https://mycryptobank.io/
MyCryptoBank is the newest approach which will provide bank services in accordance to cryptocurrency and cryptocommunity. It is basically an online bank allowing any client registered in the electronic bank system to make a full range of bank operations, additional operations with cryptocurrency (payment processing, debit cards, credits and cheap investment products, use of cryptoassets as credit security and many others) based on Blockchain technology without visiting the department. The use of digital currencies makes operations faster and cheaper, while traditional currencies assure complete acceptance and validity. One account combination provides clients the advantages of both types of currencies.
Clients will be able to receive bank cards and with the help of it they will take available funds through any ATM in the world and also pay in shops, restaurants etc. For client convenience, the bank plans to install ATM and crypto ATM, assisting in making operations on cryptocurrency purchase and cash receipt with minimum fees.
The main services provided by MyCryptoBank are wallet (mobile cryptobank), Bank card and Payment Rings, Exchange of cryptocurrency/ cryptocurrency, cryptocurrency /fiat, Money transfer all over the world, Financing and loans P2P, Cryptocurrency acquiring, Crypto-ATM and cryptomachines, Deposit percents, Forex Trade, and Consulting and legal services, including taxes.
No limitations of business, no limit regarding client quantity, development fast and not expensive, international transfer have no geographic restrictions abd low fee, transfer speed and large money withdrawal in minutes, decentralized account and control are the advantages associated with MyCryptoBank.
ICO information and team (Website: https://mycryptobank.io/)
The closed Pre-ICO sale for private investors and partners began on 15th June 2018 and ended on 15th July 2018. The Pre-ICO sale starts on 16th July 2018 and ends on 16th August 2018. The ICO sale begins on 10th September 2018 and ends on 14th October 2018. The funds will be spent on development and integration of Blockchain platform (30%), marketing and partner network development (20%), obtaining banking licenses and maintaining the bank liquidity (20%), development of Crypto ATM network (10%), development of innovative products (10%), and infrastructure development (10%). The team working on the project comprises of individuals who are experts in management, engineering, finance and Blockchain. It consists of professionals with different competences required for successful project implementation.
Conclusion (Website: https://mycryptobank.io/)
MyCryptoBank, an incredible platform, will become a fully digital bank accessible all over the world and at any moment. It will make all functions of a typical bank but without any bank departments and offices maximum relying on new digital technologies. This will allow MyCryptoBank to become one of the most inexpensive banks in the world with very profitable level of cost-to-profit ratio. Based on the Blockchain technology, it will certainly overcome the challenges of the modern financial industry.
For more details visit
Website: https://mycryptobank.io/
Whitepaper: https://mycryptobank.io/docs/MyCryptoBank-white-paper.pdf
Published by: Pooja Jur
Btalk profile: https://bitcointalk.org/index.php?action=profile;u=1217469