Block Bank is a a digital decentralized commercial banking entity. . BlockBank ICO rating – not rated.
|Visit BlockBank ICO site
Ended ICO : 28/02/18 – 29/09/18
About BlockBank ICO (token sale)
“We are at a critical moment, we are living in a civilisation with 21st century technology and 19th century application of that technology. Global financial markets currently provide low interest products solely to financial institutions while the environment, infrastructure, social and health care institutions are in desperate need of funding.”
Block Bank’s mission is to revolutionize the banking industry to make credit more available and affordable even to the unbanked or under banked countries. Block Bank will serve as a crypto funded decentralized funding platform. Designed to serve as a funding source focused on meeting human needs.
The provision of secured financing with appropriate risk controls will provide emerging economies the finance they need to develop. With a decentralized online platform the funds will be available easily anywhere in the world. Crypto Banks will become the basis of a new decentralized economy due to the expanding payment possibilities, minimum taxes, improved speed and enhanced security. We believe banks tomorrow will look totally different from banks today. Block Bank is one of the first worldwide crypto banks who will provide services to meet the global need for decentralized commercial funding.
Block Bank will utilize blockchain technology to deliver products to customers through smart contracts. This means that the core banking system will perform much of its tasks automatically. Smart contracts will provide transparency to external parties and communities. Smart contracts also give Block Bank clients added security and trusted transactions. Blockchain technology completely solves the problem of cross-border participation in the banking system. It allows you to unite users from all corners of the world, minimizing transaction costs, maximizing the efficiency of the capital movement around the world. The ability to obtain loans with minimum fees and taxes regardless of the user location, became achievable through innovative blockchain technology.
Block Bank is the next generation of B2B banking. It puts its users in the position to make money and help people develop businesses. We do not offer personal accounts. We offer secured lending products and financial services only.