MCB - MyCryptoBank

almasani (8)in #ico • 6 years ago (edited)

MyCryptoBank.

MyCryptoBank - is an online bank that allows every client registered in an electronic bank system to make various types of bank operations, additional operations Rency cryptocur - (payment processing, debit cards, credit and cheap investment products, use of cryptoassets as credit guarantees and many others) based Blockchain technology without department visits. So, MyCryptoBank provides remote client cess services to bank accounts, products and services to make banking operations.

MyCryptoBank offers clients a multifunctional banking service platform, which is a hybrid system combining digital and traditional currencies. The use of digital currency made operations faster and cheaper, while traditional currency guar-antee receipts were almost all-round and valid. One account combination allows clients to simultaneously use profits from both types of currencies.

In modern world countries divided into 2 camps: cryptocurrencies support and institutions try to ban it because of threats to the economy. And even in cases, which are loyal to cryptocurrencies, for example Estonia where licenses allow to work with cryptocurrencies acceptable, banks block client accounts, which remain in contact with cryptocurrencies. And the problem exists in many countries (Finland Crypto Risk Effects Collapse As Banks Refuse To Do Business.

Bank rejects your Crypto Business? Go to court. Dutch banks refused accounts for the cryptocurrency business. Two Major Indian Crypto Exchanges closed. Chilean Bank Order Court for Re-Open Crypto Securities Account). The Bank sabotages the implementation process in daily life, greatly disrupts the opening of the account for companies, conducts ICOs, and may also block the company's accounts at any time. This creates a big problem for cryptocommunity, who wants to buy and sell cryptocurrencies, receive and send funds in fiat money (money from different countries USD, EUR, RUB etc.) to purchase tokens when doing ICO and free further money transfers all over the world without afraid of blocking accounts.

MyCryptoBank is intended to solve this problem. This will be the first bank for cryptocommunity, which allows clients to receive and send funds in cryptocurrencies and fiat money and also exchange between cryptocurrencies and fiat money in banks. With MyCryptoBank it will be possible to make deposits, receive loans and credit. The bank will create an infrastructure that will allow obtaining arrangements and traders for payment of goods for companies and online services. Clients will be able to accept bank cards and with that assistance they will collect funds available through any ATM in the world and also pay at shops, restaurants etc.

For client convenience, the bank plans to install ATMs and ATM crypto, assisting in making operations on purchasing cryptocurrency and cash receipts at a minimum cost. In the usual sense, there will be a typical bank with various services but loyal to cryptocurrencies and cryptocommunity. This will provide an undeniable advantage over other financial institutions, attracting many clients and their funds to create positive bank liquidity and enable supporting and developing all products from MyCryptoBank.

FinTech Market Analysis.

As already mentioned, financial technology has moved from a sensation phase and innovative and new streaming status to the mainstream and absorbs a large part of the economically active population in developed countries. Most of millennials hardly distinguish FinTech from simple financial terms. Banking, online purchasing, trading and other financial operations have been closely linked to using internet technology.

Surprisingly, FinTech found the second widest expansion in the quantity and share of population in developing markets: China (69% of the population uses FinTech-products), India (52%) and Brazil (40%). Calculating the figures mentioned above, Ernst & Young analyzes all ages and social categories of users. However, it is clear that percent will be significantly higher if you narrow the survey group to younger people and an economically active population.

Ecosystem.
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Depending on how many tokens users hold, they get the following status:
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