Bankex: The New Financial System, Change The Manual Transaction of Financial System Into Digital Transaction

Nowadays, the development of the new financial system is growing up rapidly. We already know that some financial companies doing the innovation as the answer for the world society needed. The Bankex is one of that discovery and becomes the most famous financial system lately for this year. Bankex is a financial company which gathered all the members of the financial market to build a new community and implements the Proof of Asset Protocol. This is the way for members to get more benefit from the use of the assets together. Bankex allows all kinds of business to start using capital market through tokenize system, so the businessman can bring out new client in a bank.

The Bankex product is a Proof of Assets (PoA) Protocol. It means the token that released as a part of protocol becomes the asset. PoA solves the asset liquidity problem that unshiftable. Until now, Bankex still builds the Internet of Asset (IoA) about the Bank as a Service (BaaS) principle that supported by Internet Things (IT) and combined with Artificial Intelligence (AI). Bank as a Service (BaaS) is a business model that allows building the integrated financial product with lots of solution to break through the technology and jurisdiction.

Bankex is established since 2016 and engaged in activities. As a new financial system, Bandex has highly promising to digitize assets by using a smart contract and based on blockchain technology. Bankex try to create a new generation of asset and contract to realization the decentralized capital market in the world. Bankex company categorized as TOP 50 Startup Fintech World, cooperate with stock Exchanges and more ten banks in the world. Besides that, the company receives the grant $ 120k from Microsoft Azure. The bankex company also has partnered with some traditional assets saving, like Hyperledger, and as members of Silver Symphony Foundation.

Knowing the Tokenization on Bankex

The PoA protocol can't separate with the tokenization itself. As we know, as the growing of cryptocurrency space develop rapidly, the financial technology (Fintech) companies begin having the interesting in tokenization. Bankex as a financial cryptocurrency platform which engaged in token sales and financial assets wants to making specialization on that case. The bankex platform give the chance to buyers, bank, and another financial institution to sell out their products.

Tokenization doesn't a new thing anymore, especially for lately a few years ago. However, financial institution, service provider, and the business owners are still reluctant to adopt this system because the concept of assets conversion into token still heard unusual. This is the reason that's why Bankex exists and growing to develop. Bankex has the function as a bridge between the traditional financial system and assets tokenization.

As a new financial system, the main product of Bankex is Proof of Assets Protocol. Simply, the PoA Protocol is a bridge between the traditional financial system and assets tokenization. PoA is capable of repairing the liquidity and transparency of assets because it provides the facility to connect all benefits of blockchain and real asset. When a token is issued with a protocol, that is well supported by real asset which is as everything of tokenization.

The allocation of token sale since the bankex opened is 0.1 ETH contributors already open from 2016, for the soft cap tokens point is 20,000,000 BKX tokens. For the retail cap point is 80,000,000 BKX tokens and for the last hard cap point is 220,000,000 BKX tokens. Now, everyone can participate as a member of the bankex financial system as long as the requirements are filling out. Tokenization becomes a common practice nowadays, people and institutions have the realized how the power of cryptocurrency value. It can begin shows the interest in doing the tokenizing toward their asset. For the result, there are so many crypto service providers that are using the tokenization of asset to explore the business world.

If you're interested to contribute for this platform, you have to register first. Before registering self for the Bankex, it's obliged to using MyEtherWallet or MetaMask account. This account has the function to purchase the tokens from Bankex. For the notice, you have to pay attention to several things. First, follow the instructions when sending the ETH. It's forbidden to send the ETH to BKX token sale directly. Second, it's possible your payment is lost if you send funds using the exchanges like Bitfinex, Coinbase, GDAX, Poloniex, etc. So, for the secure avoid these applications. Third, you are forbidden from sending the ether before the start lock number is determined. Check the public sale date; the ether will publish and announce near the date. For the details, follow steps by steps to joining the token sales.

The Bankex Working

By using the security checking for each item that changes into token, Bankex check these items because it’s possible to engage in a fraud or cheating. Bandex also checking the background of each originator (like criminal notes) the place of items also should be register and documented. The International requirements and tariff also applied for the sale items in Ethereal contact. For the illustration, not each company that listed the sale items in Bankex can doing the transaction. Bankex will filter the companies that impossible to do the transaction and give the alternative provided company.

Bankex as a new financial system provides more accurate in looking for the items using the keyword. Each product had each token too and placed in Ethereum blockade. Then the tokens are given to the market and sell out for the public. The token containing consists of the tags and automatically named into a certain category that matches up with the product review. Then, the items can be found by using the customer product search tools then Bankex will tracked the supply and demand for that prpduct. A buyer or some buyers in the Bankex market can buy all the items at will.

By using the balance application, then you can check the financial and Bankex balance. The most important thing from Bankex is applied the blocking technology to secure and control each sale. It means that the Bankex want to prevent the crime in sales or business. The customers also get the secured when buying something through Bankex. Bankex is good new financial system that has lots of benefits for the daily transaction of people.

How’s the Important to Joining Bankex

In this modern era, for the businessman, it’s important to participate the new financial system to improve their business. Every businessperson will choose the best way to get as much as the advantages of the system. Like the investors, they should know the development of the financial system and the continuous programme from each platform. Besides that, it’s important to know who are the founders and team that form this system. The Bankex since established in 2016 having several benefits and the achievement that different with other platforms.

1 The credentials of Bankex
In 2016, Bankex creating the Life SREDA blockchain and become the winner for The Best Innovative Internet Technology Project category. Continued in 2017, Bankex also received the grant from Microsoft Azure for $120K. The last achievement that gained the bankex for this year becomes the TOP 20 The Financial Internet Technology from Pathfinder Ranking version.

From some achievement which gained the Bankex, it can describe that the Bankex teams have the high commitment to creates the new financial system as a beneficial innovation for people. So, in that case, the people will become more believable and interest to contribute themselves in this platform.

2 The Bankex Developer Team
A platform needed the professional team behind. The Bankex is developed by the professional team. It’s proven by some achievement that Bankex gained. Although the team consists of different ideas, they have the same goal, which is how to keep the accurate liquidity of the capital market and financial system.

From that developer, we know that Bankex is a profitable platform to implement. Because the team works continuously to increase the service and completed the features on bankex itself.

That’s all the reason why you have to join as a participant in this platform. By contribute the bankex, the assets will go far away toward the seller’s bankruptcy consequences and another risk that possible to face. The ability to auditing instantly with continuous verification as long as all the sale process will detecting the problem which might occur. Bankex is already connected with single source information for buyers and sellers that named “blockchain.” The Bankex will use the blockchain to giving the update information. The sellers also can add the notice to each sale.

Some buyers can sign in to buy some items with different sellers. As the alternative way, the buyer can make the payment just one time for all items. Doing in Bankex is possible. The resellable ERC-20 is the bankex evidence. It means you can send the tokens to Wallet that supported the standard of ERC-20. Several Ethereal wallet also relevant with Bankex are MyEtherWallets, MetaMask, Mist, Parity, etc.
For further information, please kindly access to:

Links:
• Ann Thread: https://bitcointalk.org/index.php?topic=2013627.0
• Website: https://bankex.com/en/
• White Paper: https://bankex.com/en/whitepaper

Social Media:
• https://twitter.com/BankExProtocol
• https://web.facebook.com/BankExchange/
• https://t.me/bankex