Bankera

Bankera BNK

$0.0015
Market Cap $ 37.796 MM (#241)
24h Volume $ 5.058 K
Chg. 24h: 2.73%
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Bankera project purpose and description

Bankera clarity of purpose

Bankera purpose and aspects

Bankera aims to revolutionize banking by taking advantage of what blockchain technology has to offer while still focusing on the scale. This means that Bankera seeks to become a one-stop store for all financial services, in the same way, traditional brick and mortar banks are now, while using technology to reduce the number of counterparties and thus lowering the cost of banking for the end consumer. The adoption of blockchain technology will also allow Bankera to offer new and unique solutions to its customers. Bankera's exchange, will offer a trading solution on the next-generation level for cryptocurrencies and tokens. A Bankera wallet will be your gateway to access various blockchains. Hence, customers will be able to utilize a top-level inter-blockchain technology to facilitate off-chain and cross-chain transactions among different digital assets. The integrated exchange will allow you to convert assets from one to the other easily. Bankera's payment solutions will help your business accept payments by eliminating the need for technological know-how and financial risks. Bankera cards will allow you to spend funds held in a Bankera wallet everywhere traditional credit or debit cards are accepted.

Short description

Bankera is a bank that will be built for the blockchain era using technology to reduce the number of counterparties, thus lowering the cost of banking for the end consumer.

Abstract

The potential impact of technological development in finance is one of the hottest topics today. Many start-ups are trying to revolutionise financial services. However, they mostly focus on a niche and cannot take advantage of economies of scale, which is one of the main advantages enjoyed by traditional banks that may not be as technologically advanced. Bankera plans to achieve the scale to offer traditional and emerging banking products in a technology driven Blockchain era environment, eventually becoming the one-stop shop for all banking requirements. Bankera is already achieving significant progress as a FinTech company, and plans to have significant infrastructure in place prior to the initial coin offering (ICO). Already, Bankera has the necessary regulatory and IT arrangements to offer individual international bank account numbers (IBAN) which can accept and make payments in the Single Euro Payments Area (SEPA). Bankera is in position to offer competitive foreign currency exchange rates, quick and cost effective international bank wires as well as having the “Bankera Payment Card” linked to cardholder’s payment account. Bankera is building a digital bank to last, therefore, the focus will be on the scale, elimination of counterparties and offering core banking services such as savings and loans accounts. To achieve these goals, Bankera will apply for additional banking licenses or partnerships in key jurisdictions to be able to operate in a spectrum of different fiat currencies and facilitate cross-border transactions without the need for counterparties. Bankera also plans to be a member of key financial networks, such as achieving issuer and acquirer status with major payment card schemes as well as becoming a participant in payment networks such as SEPA in EU, Faster Payments in the United Kingdom and ETF in Canada.

Link to Roadmap: https://bankera.com/
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