Block Bank is the revolution in Banking industry

in #blockchain6 years ago

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Block Bank is the revolution in Banking industry

Crypto economic sector becomes more and more popular. Nowadays every industry, whose goal is the transparent cooperation with a user, intends to implement the blockchain technology in its activity. In a comparatively short period of time a distributed ledger of transactions has managed to win the confidence of its adherents. It has much more usage scripts than it seems. This technology solves such issues as information unavailability and social inequality in digital economy. What sector of financial market can have the higher need in it than the modern banking system?

Despite the traditional banking system has endured a sufficiently large development stage, the industry wasn’t able to eliminate key challenges and become more oriented to the problem solving of its users. The system trajectory has never changed. There are too many banks still, corporate management level is not high, reporting system is redundant and its quality is too low.

The only concept of an innovation bank has been developed as a solution. It focuses on the open interaction with individuals and on eliminating of financing problems of its users.

Block Bank is the first decentralized crypto bank based on the blockchain technology. The project’s key objective is to undertake revolutionary changes in the modern banking industry, to make the financing more available for countries with weak development of the banking system or even with its lack. Block Bank is a crypto funded platform, developed first of all as a funding user-oriented source.

The Block Bank unique decision is the DDAMS blockchain usage. DDAMS is a cryptographic algorithm, built on Ethereum blockchain. Using this algorithm clients will be able to submit their applications for the needed banking products. DDAMS will store and register all incoming information and token holders data to charge annual profits afterwards. Due to this algorithm institutions and partners will be able to connect directly to the core banking system minimizing application time, as everything occurs online.

Block Bank ICO project’s details.

As it is announced, the Pre-sale of BBRT tokens is starting on November 20, 2017. The token price is $0.2 per BBRT at this stage, the claimed Hard Cap is $4 million with the issue of 20 million tokens. The Bonus system will be implemented at the next two stages. It will depend on a number of tokens per user. The prize pool of the bonus program is 20 million BBRTs. The Bounty will start on October 1 and will last till the ICO end. At the Pre-ICO stage the token price will be $0.5 per BBRT and the Hard Cap is claimed to be $50 million. During the Block Bank ICO it is planned to realize 500 million tokens with the initial price $0.6.

BBRT token growth is ensured by the increasing demand for Block Bank services. Purchasing BBRT tokens, you have a great opportunity to contribute to the creation of the first of its kind licensed decentralized bank. All collected funds during the ICO will be used for the further development of the platform and products, which will help to provide financing to those countries where there is no possibility to receive available banking services.

Block Bank - available financing begins with us.

For detailed information about Block Bank please visit the official website: http://theblock-bank.com/
📄 Our White Paper:http://theblock-bank.com/pdf/blockbank_whitepaper.pdf
📘 Our facebook: https://www.facebook.com/blockbank.cash/
🐦 Our twitter: https://twitter.com/block_bank
↗️ Our LinkedIn: https://www.linkedin.com/in/block-bank/
📽 Our Youtube channel: https://www.youtube.com/channel/UCzH4X7HcOtPx2z2G7lf8Ytw/videos?view_as=subscriber

💎To support our project, join our bounty campaign:
💰Join Telegram :  https://t.me/bounty_blockbank
💰Join Bitcointalk :  https://bitcointalk.org/index.php?topic=2345662.0

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