CoinsBank - a universal crypto solution powered by the blockchain
A far-reaching cryptocurrency service will break down entry barriers to digital money and offer use cases across the board for merchants and consumers.
Getting started with bitcoin and other cryptocurrencies can be daunting. Whilst they offer many advantages in theory, in practice the challenges involved in both acquiring and using them can put off new users. CoinsBank, an ambitious new crypto start-up based in Edinburgh, UK, will bring together every major element of the cryptocurrency and traditional financial ecosystems with the aim of providing an all-in-one gateway to blockchain services. The company will provide everything from a digital wallet, a sophisticated exchange for trading and a mobile app to physical payment cards and tools for merchant integration – and that’s just for starters.
Blockchain and beyond BTC
‘Bitcoin’s true significance is not simply fast and low-cost money transfer,’ comments newly-appointed CoinsBank CEO Ronny Boesing, a cryptocurrency entrepreneur and visionary who has been active in the sector since 2014. ‘It is the blockchain, the shared ledger that will power the next generation of fintech solutions. Blockchain technology enables anyone to store and transmit information of any kind, directly and trustlessly between individuals.’ Such technology has the potential to stamp out corruption thanks to the transparency of the ledger, as well as bring incredible efficiencies and reductions in costs for users due to the lack of middlemen and unexpected fees.
CoinsBank is positioned to capitalise on the wave of interest in blockchain solutions of all kinds, from simple money transfer and its implications for the $600 billion global remittance market to crowdfunding and peer-to-peer securities trading, which is set to take a bite out of a multi-trillion-dollar industry. ‘The blockchain isn’t even about money,’ continues Boesing. ‘It’s a permanent and unchangeable record of information. We don’t see CoinsBank as merely a wallet provider: we’re a transaction provider, for any solution.’
A decentralised future
The blockchain is the most exciting and promising fintech innovation of the 21st century, but it entails a change of thinking from the old, centralised models of governance. ‘It’s the technology of the next hundred years,’ says Boesing. ‘It’s about freedom. It hands power back to the individual, decreasing reliance on centralised providers and the vested interests they embody.’
That freedom, he says, goes hand-in-hand with responsibility. ‘This is something we are brought up with as a vital part of our schooling. With the expertise we have at CoinsBank, we all carry the responsibility to bring this new form of money and way of life into mainstream acceptance.’
CoinsBank has a licence for all money transfer services, including forex, and will support all major currencies, with multiple deposit and withdrawal options to make it straightforward to send and receive both local currencies and digital coins like bitcoin, Litecoin, Dogecoin and others. ‘The emphasis is on making crypto as easy to use as possible. There are so many benefits to this new technology, but up until now it has been hard to engage with them. Thanks to CoinsBank, there’s no excuse for ignoring crypto any longer.’
For more information please contact [email protected].
To know more about CoinsBank please visit the website: https://coinsbank.com
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Good work, Ronny!
Thanks very much. IT will be very interesting to follow very close and take part in.
The blockchain is about freedom. It hands power back to the individual, decreasing reliance on centralised providers and the vested interests they embody.’ The emphasis is on making crypto as easy to use as possible. There are so many benefits to this new technology, but up until now it has been hard to engage with them. Thanks to CoinsBank, there’s no excuse for ignoring crypto any longer.’