MYCRYPTOBANK: Bank with a Difference
Introduction
After the first decade from the beginning of the third millennium, there have been an increase in the adoption of technological innovation in the financial industry, also innovation in financial literacy, retail banking and investment.
FinTech which stands for financial technology can be described as how people transact business, from the inception of digital currency to the days of double entry bookkeeping. Technological advancement of internet, mobile internet brought the explosive growth of financial technology and fintech, which initially was referred to as computer technology applied to the back office of established banks or trading firms, now depict different variety of technological innovation in personal and commercial finance.
The world has become a global village which lead to globalization connecting people of all nations. Currently, the need for digital money is on the rise. Internet digital currency is safe, and it is an accessible currency that makes it possible for people without bank accounts to get access to funds and it permits speedy and cheap transfers of funds with no limitation on geographical location. The growth in popularity of smart phones in advanced countries and its fast expansion in developing nations makes it possible for companies such as MyCryptoBank to deliver services of full banking system. With smart phones and debit cards transactions can easily be carried out on it.
What is MycryptoBank?
MyCryptoBank is an online bank that allows clients to register in the electronic banking platform to access full range of banking operations, additional operational with cryptocurrency (payment processing, use of crypto assets as credit security, debit cards, credits and cheap investment product.)
MyCryptoBank is a multifunctional platform that offer’s its clients both digital and traditional currencies. The two system is combined to give the clients the best banking experience, the digital currency makes operations faster and cheaper, while traditional currencies guaranties all round acceptance and validity. A single account allows clients to simultaneously take advantage of both types of currencies.
MyCryptoBank platform will be a fully digital bank that can be accessed anywhere in the world 24/7. All functions of a typical bank will be present on the platform but without any bank departments and front desk offices, it will rely fully on digital technologies. This attribute will make MyCryptoBank one of the most inexpensive bank in the world with very profitable level of cost-to-profit ratio.
Services to be offered on MyCryptoBank
• Online banking and mobile cryptobank
• Bank deposit
• Multi-currency exchange
• Loans and P2P LOANS
• Virtual card, Debit card or payment ring
• ATM infrastructure
• Money transfer
• Consulting services
• Crypto acquiring
• Forex trading
MyCryptoBank will be the first bank for the cryptocommunity, that allows clients to send and receive funds in cryptocurrency and fiat currency and exchange between cryptocurrencies and fiat currency and also exchange between cryptocurrencies inside the bank. With MyCryptoBank one can create deposits, receive loans and credits. Clients will be issued a bank card, with it they can make withdrawals of their available funds through any ATM and Crypto ATM, also assist in making operations on cryptocurrency buying and receipt of cash with minimum fees. In the real sense, it will function as a typical bank with a whole range of services loyal to cryptocurrencies and cryptocommunity.
Team experience
MyCryptoBank project has in its team, experienced members in the financial sphere. The bank includes Viplat a company started in 2006 as complex manufacturer of self-service provisioning. The company’s focus is manufacturing of payment terminals and software development. Presently, the company has 5000 terminals in RF and plans to start installing crypto-terminals all over the world where legislation allows it.
Token/ICO Details
Token info
Token : MCB
Platform: EOS
Token Price: 0.2 USD
Token for sale : 517,075,000 MCB (65%)
Token supply: 795,500,000 MCB
Road Map
Conclusion
MyCryptoBank’s structure as a bank is a great advantage that will give it an edge in attracting huge number of clients compare to other financial companies around the world. Also, as it is usually said “nothing beats experience”, with the experience of the team in the financial industry will be a plus to the success of the project.
For futher information on the project, please visit any of the links;
WEBSITE
ANN
WHITEPAPER
TELEGRAM
TWITTER
FACEBOOK
Authors Information
Username: Kingnony
Profile link
Disclaimer: Please note, this is for educational purpose only. Do your own diligence before investment.
