ENTRY - Create a Bank in a crypto currency around the world
In 2018 it is not easy to find people who will not use bank services. They greatly simplify our lives. However, lately, due to various financial crises and other shocks, a number of these system deficiencies have been revealed. This is an easy vulnerability, and a high risk of losing some of your savings. And add here the problems that exist all the time on the surface (high commission fees, low transaction speed, weak data protection system) and you will have a very reasonable question: is there an alternative? Today I can say with confidence that it is true. And this is an ENTRI project, created by a UK developer. Now I will tell you more details like what he is.
ENTRI is a new generation banking platform, based on block technology. This will provide the possibility of using a crypto currency.
Of course, you may have doubts that many developers have tried to do the same, but in the end nothing has happened. And you will be right, but this project, it seems, will be a pleasant exception. There is a very wise team and a large amount of positive feedback from the media.
Advantages
It is possible to easily exchange currency crypto for paper money and vice versa. All transactions will take place in a few milliseconds. In this case, the commission will be minimal. At the time of the project launch, only certain types of crypto currencies (bitcoin, lightcoin, etherium, darkcoin and bitcoin cache) will be available. To trade it at the beginning will only be possible on the euro. But as the project develops, new crypto currency will be added, as well as new fiatik facilities.
Storage of digital assets in the wallet and easy access and control over them. All operations can be performed within a custom mobile app, which will be simple and understandable for each user. Digital asset holders are provided with a bonus. Also, of course, you do not have to worry about the security of your assets because of the most powerful protection system, which is currently almost impossible to hack.
To create trust between system participants, smart contracts will be used that will remove users from fraud. It can be noted that this approach is not new, because smart contracts are already used in many areas of our lives and have proven their effectiveness.
A debit card that lets you withdraw money from anywhere in the world. Even if you only have a crypto currency in your wallet, you can still withdraw money, because the system will automatically exchange digital assets.
ICO Project
ICO will begin on June 1, and end on 31 August. At the beginning of ICO, the cost of 1 ENTRY-token will be 0.15 €, but with each new phase will start growing. In the last stage, the cost of 1 ENTRY-token will be 0.44 €. So, purchases should not be delayed for long!
Security checked (audit): https://entry.money/ENTRY_Token_Audit.pdf
MI License ready (details): https://www.lb.lt/en/frd/view_license?id=213
pre-ICO
3rd of May – 10th of May (pre-ICO extended by community request due late start)
ICO Start 1st of June
ICO Finish 31st of August
Roadmap
2015
Started development and obtained Money Institution License.2017
Signed agreement with Central bank to get SWIFT and IBAN numbers to connect EU SEPA system.2017
Developed payment gateway (credit/debit cards, bank links and others) to collect funds for online shops.2017
Started integrations with Central Bank system to provide peer-to-peer payments to all EU banks and started to build infrastructure for international payments.2017
Started crypto-exchange and beta version will be ready before ICO or during ICO.2017
Conducted meetings with card issuers for issuance of MasterCard or Visa cards to the ENTRY users and invested more than 1 million Euro for continuous development of the platform.2018 (1st to 3rd Quarter)
Started developing Pre-ICO and ICO. During ICO we will launch payment gateways (ENTRY.MONEY) with bank accounts for personal use. We will launch crypto exchange (ENTRY.EXCHANGE).2018 (4th Quarter)
Change money institution license (already obtained) to Electronic Money License or European Bank License. Starting to obtain financial licenses outside EU to operate worldwide.2019 (1st-2nd Quarter)
Expand (ENTRY.MONEY) services adding business account worldwide and launch app.2019 (3rd-4th Quarter)
Release (ENTRY.NETWORK) wallet to store, send, receive your crypto, participate in ICO through wallet. Blockchain (own or partners owned).2019 (4th Quarter)
Start P2P Lending (ENTRY.BANK).2020 (2st-3rd Quarter)
Launch ATM systems (ENTRY.CASH) and put cash machines for beta testing.2020 (3rd-4th Quarter)
Start partnerships with agents to provide deposits and withdrawal services with cash.2021 (continues)
Investment, loans and other banking and finance services worldwide.
Partner Entry
ENTRY is designed to replace the traditional banking system permanently, which has a number of shortcomings. This platform will eliminate them and will provide an opportunity to use a crypto currency other than fiat money. It will be possible to integrate into crypto
For more info, visit the link below:
Website: https://entry.money/
ANN: https://bitcointalk.org/index.php?topic=3229958.0
Facebook: https://www.facebook.com/entrymoney/
Twitter: https://twitter.com/EntryMoneyICO
Telegram: https://t.me/Entry_Official
Linkedin: https://www.linkedin.com/company/entry-money/
Whitepaper: https://entry.money/ENTRY_Whitepaper_v1.pdf
Author: langit atas
Profile: https://bitcointalk.org/index.php?action=profile;u=1511699
My Eth: 0xcfaDeD6afA3F119883Cbe73fdc466e4b2A875E80