Baanx To Be The Bank For Cryptocurrency Holders

egetror (51)in #steempress • 6 years ago

This business is being thought of as a marketplace for financial services based on the blockchain framework. It would act as a disruptive model to the traditional banking sector. It would adopt an ethos of decentralized banking whereby cryptocurrency and the block chain would be the underlying technologies that would drive traditional banking methodologies. It is being proposed as a unique digital community that would offer cryptocurrency based financial services. This is a definite need being felt as the world of crypto currency based transactions and digital forums are on the rise.

What Baanx proposes?

It would act as the first decentralized network for crypto financial and crypto bank services. The potential market is estimated to be one trillion US dollars. It expects to see a rising demand in the cards as about hundred network brands are poised for release in the crypto segment over the next few months to a year. Baanx hopes to power all such digital frameworks through its crypto currency token BXX which will help to conduct different digital banking requirements for the different cryptocurrency based businesses. It is building its banking business model based on AI and automated back office operations.

Innovative product offerings by Baanx

The business would offer different innovative products such as:

It would offer high secure wallets that would come with wallet insurance. Hence, those who are dealing with cryptocurrency wallets will find this product a helpful feature to invest in.
Price lock is another feature to be offered that would help customers to lock in the price or equivalent fiat value of cryptocurrencies without having to indulge in trading or exchange transactions.
Baanx would offer scope for normal payment modes through its channels. There would also be a dedicated exchange on the forum.
It would also launch payment network for mobiles for fiat and crypto currencies. There would be group brands, through which Baanx would create a comprehensive payment system, helping customers to choose among multiple payment options as well as save on fees in a large way.
Baanx mobile app

Why invest in Baanx?

Those who are interested in helping this crypto bank business model to work can invest in the upcoming ICO event of the company. The innovative products that the company proposes such as the super secure wallet with insurance and price lock features would be available to the investors as well at discounted values. With its plans to develop a comprehensive payment network system Baanx looks to spread out its banking network soon.

Team behind Baanx

The business model of Baanx is backed by a management team of experienced professionals in related domains. Garth Howat is the CEO of Baanx while John Van Der Vos is the CRO. Both have worked with fin-tech organizations and have decades of experience that they bring to the business forefront. Potential investors are encouraged to check out their identities and credit profiles on FCA website. They are aided by a competent team that is working towards carrying out the roadmap of implementation of the business.