As the first Proof-of-Asset Protocols BANKEX has no direct competitors. In fact BANKEX has built partnerships with some banks and an exchange. Instead of competing with traditional banks BankEx bridges the gap between banking and blockchain using Smart Contracts with unlimited scalability due to the decentralized nature and customizability of the tokenization process. For more information on BANKEX partnerships you can check out the blog: https://blog.bankex.org/