[ICO Review] Cryptov8 - Bringing Banking to Blockchain

Blockchain technology will improve the quality of customer service, as it will act as an intermediary for various financial services, payments, and functions. In addition, blockchain technology will improve the way companies cooperating with Cryptov8 interact with their users and simultaneously provide security, reduce the cost of transactions. After all, existing centralized services cannot provide ideal conditions for performing transactions - there are too many problems and fraudulent schemes, as well as intermediaries. All these problems are associated with additional financial as well as time costs.

What is Cryptov8 ?
Cryptov8 is a banking platform that seeks to bridge the gap between the crypto bank and traditional banking products and services, using blockchain technology. Cryptov8 also aims to provide users with a convenient way to use their cryptocurrencies on the cryptographic market. Blockchain technology combined with the digital assets provided by Cryptov8 will help improve the use and use of electronic currency around the world.
Blockchain technology will also improve the customer experience, as it will act as an intermediary for various financial services, payments and functions. In addition, blockchain technology will improve the way companies collaborate with Cryptov8 to deal with their users while at the same time ensuring and reducing transaction costs.

Characteristics of Cryptov8
A number of benefits to customers holding the CRV8 token code are outlined below. This is not a complete list but provides the reader with an indication of how the token will be used to encourage and reward customers to enter the market and hold tokens.
Reward Points for Electronic Money Account holders, up to a maximum of 25% of the cryptocurrency fee will be used for this.
Prepaid fee for electronic money transfer
Easy and fast transfer between electronic money - "Atomic swap"
Attractive exchange rates for electronic money transactions
Account details Savings at preferential interest rates
Savings fees
Access to electronic money education materials and discounts on official courses from well-known education providers and industry experts
A potential conversion in the future token dividend, meet the current regulatory requirements and favorable business conditions at that time.

Technology of Cryptov8
From the beginning, Cryptov8 recognized that the identification and control of customer journey as well as criteria for selecting technology and their evaluation process were made with these objectives. Cryptov8 acknowledges that for many peripheral services and especially those associated with the electronic money market and Blockchain they will need to collaborate with a range of organizations to provide the best service and best value for their customers.
Thus, open banking and the use of Applications and APIs form an important aspect of the overall solution they build. As an example, they will need to integrate with many financial institutions who can provide much more attractive solutions to business problems or customers than Cryptov8 can self support. Their open bank collaboration and use is fully supported by the Payment Service Directive 2 (PSD2) and the UK OpenBanking Initiative. Blockchain as a technology is built using the same principles. Cryptov8 believes by adopting this technology and regulation, it will enable them to provide the best service to the market.
Why should we seriously consider the Cryptov8 project
Unification of services operating in the cryptocurrency segment
The Cryptov8 banking platform will work with relevant organizations to expand the range of encryption and locking services that they offer to their clients. The decentralized platform Cryptov8 will also combine all services related to cryptocurrency on one platform. This is a unique opportunity to quickly and safely access the required services, using the functionality of this platform.
Decentralized platform Cryptov8 https://www.cryptov8.com/ to unite all related to cryptocurrency services on a single platform. This is a unique opportunity to quickly and safely access the required services using the functionality of this platform. The platform will have a cryptocurrency wallet, where users will be able to track the status of their account, work with assets. Users with a Fiat currency will be able to purchase the required number of tokens, and can also analyze their wealth accumulated through savings or investments in cryptocurrencies. The banking platform integrates cryptocurrency exchange, which allows users to trade, buy or sell their tokens based on their own decisions or situation in the existing market.

In addition, Cryptov8 will decentralize money transfers that are currently under the control of existing banks. It will offer customers access to the cryptocurrency market in a way that is easy, cheap or even free. This will improve customer participation in the cryptocurrency market , cryptov8 tokens will be used as a payment instrument, or as a reward for certain actions within the platform.Users can get recommendations on how they can enter the cryptocurrency market from the educational materials offered by the banking platform. Cryptov8 offers a unique opportunity-the project's clients will be able to use the experience of traders to create their own success strategy. Now they do not have to deal with the problems of centralized banks, the lack of information on working with cryptocurrency - everything you need can be found inside The cryptov8 platform

And now I want to introduce you to the ICO of the Project
Time ICO: July 28, 2018 September 28, 2018
White/KYC: White + ZSK
Country: United Kingdom
Token information
Ticker: CRV8
Platform: Ethereum Token Type: ERC20 presale Price :
1 CRV8 = 0.0002089 ETH
The price of ICO: 1 CRV8 = 0.0002646 ETH
Receiving: FEDERAL INSTITUTE OF TECHNOLOGY
Soft cover: 15,625 ETH
Hard cover: 156,250 ETH
The blockchain concept is indeed designed to be capable of being decentralized, which means that there is no central center as the authority to distribute the digital currency, but rather the community community itself broadly. In this way, direct, peer-to-peer (P2P) exchange can be realized, without the necessary intermediaries. This Blockchain technology, also increases the FinTech (Financial Technology) segment. Blockchain is so amazing!
Initially, blockchains were only used to make the cryipto currency possible, until Vitalik Buterin entered with his idea about Ethereum. Ethereum is enough to increase the blockchain's ability to do not just create crypto currencies; but also decentralized applications and Smart Contracts, can be realized from Buterin's innovation.
With the advent of blockchain technology, many banks and the government (policy holders) have decided to try to use this technology to help their institutions become more efficient.
now there will be a large project with good value, a project called Cryptov8 that brings Banking to blockchain.
Fundamental to the Cryptov8 proposition will be establishing a UK domiciled and authorised bank using blockchain technology to bridge the gap between cryptobanking and traditional banking products and services.

The Cryptov8 project extends far beyond any existing ‘CryptoBanking’ services that exist today. Our project aims to streamline challenges that customers often face, which will ultimately create the best possible route for adoption of cryptocurrencies, globally.
Convenience – Making wallet installation, access and usage straight forward.
Trust – As an authorised and regulated bank, we will apply the highest levels of regulatory principles and best industry practice to protect our customers.
Security – Providing bank grade security across wallet/asset storage, password retrieval and fraud protection.
itemCost – Making exchange costs and withdrawals cheaper and more certain.
itemReward – Uniquely, our cryptobanking customers will directly receive rewards for their loyalty. We will give a share of our cryptobanking fees back to our customers.
itemAcceptance – Making cryptocurrency payment mainstream.
itemEducation – Providing easy access to educational material, an evolving knowledge base and providing unrivaled support to cryptocurrency customers.
Roadmap
Cryptov8’s ambitions span the traditional and cryptocurrency world. We intend to bridge these currently disparate worlds to provide our customers with the widest options and first class customer service.
The following diagram describes the journey so far in terms of milestones, but more importantly the future milestones it will achieve to provide comprehensive services across each area.
Q3 2016
FCA approve a consumer credit license enabling us to provide personal loans and issue credit cards as well as carry out other consumer credit activities.*
Q2 2017
Technology evaluation starts, full list of technology vendors considered. Application process for full banking licence begins.
Q3 2017
Extensive market research completed to identify consumer preferences, market trends and competitor offerings.
Q2 2017 - Q1 2018
Regulatory Pre-Application Process. Generation of Regulatory Business Plan.
Q3 2018
Banking platform vendor selected. Full banking licence application submitted to the Prudential Regulatory Authority
Q1 2019 - Q2 2019
Full banking licence Authorisation with Restriction granted. Crypto Wallet/Account Launch
PHASE ONE
Phase 1 to include: • Cryptoeduc8 • Cryptocommunic8 • Cryptog8 (link to other exchanges) • Cryptocred8 • Cryptovault.
Q3 2019
Full Banking Licence (without Restriction) granted. Banking Services Launch. Phase 1 to include: • Current Account • Savings • Unsecured Loan • Business Lending
Q4 2019
Crypto Account Services Expansion
PHASE TWO
Banking services expansion, phase two to incude: • Cryptoremuner8 • Cryptomovtiv8 (first features) • Mortgages • Business Current Accounts
Q2 2020
Crypto Account Services Expansion • Cryptomotiv8 (final features) • CryptoG8 (own FIAT gateway/exchange)
INTERNATIONAL EXPANSION CONTINUES
The consumer credit licence has been relinquished as part of the project in favor of a full banking licence.

TEAM

Conclusions
The first thing that I answered for myself is the target direction of the project at the moment the market is extremely unregulated, which makes it very risky for investors and ordinary people. In turn , the goal is that Cryptov8 aims to combine the banking sector with crypto-currency technologies in the regulation of the traditional banking segment and the existing cryptographic market.
For more information, please check the link below :
WebPage: https://www.cryptov8.com/
Twitter: https://twitter.com/cryptov8
Telegram: https://t.me/cryptov8
Discord: https://discordapp.com/invite/6rgDf9c
Reddit: https://www.reddit.com/r/Cryptov8/
BitcoinTalk: https://bitcointalk.org/index.php?topic=4470298.0
Name : Sveta77
Bitcointalk Profile :
https://bitcointalk.org/index.php?action=profile;u=2002675