Technology

The Cryptobank-Based Mobile Phone As A Revolution Of Banking

The Cryptobank-Based Mobile Phone As A Revolution Of Banking

Ease of transactions into one of the things that into consideration by users of digital sales. Everyone would want every deal done can be completed quickly. The development of the digital market became one of the things behind the movement from cash payments to digital payments. That should be accompanied by the creativity of the observers of the digital economy in creating a platform that supports ease and security in digital transactions.

One of the platforms that are ready to develop and set up a system for digital transactions is Crypterium. The Crypterium team has been preparing an innovation in banking that started five years ago. The change is called Cryptobank. Applying a similar concept to a Traditional Bank, members of Cryptobank can also make payments, exchanges, and loans.

In its role to provide convenience to its users, developers prepare a Crypterium app that can be integrated with smartphones. Apps are supplied for all bases like android, windows, and iOS. In a conventional bank, you need a debit card and a credit card to complete a transaction. Besides in a traditional bank to conduct digital trades the user must pass some time-consuming steps. That will be different from the concept offered by Cryptobank.

In Cryptobank, each user can use one smartphone only to perform various payments and transactions. The crypto assets of each user can also be quickly checked at any time via the smart digital contract wallet. With the concept of the purse, the system just debits the balance only without having to go through a lengthy process.

Every transaction made will be automatically saved into a decentralized system supported by blockchain technology. The use of Cryptowallet also allows users to see all cryptocurrency activities in one place only. Equipped with mobile banking makes it easier for users to create transactions. Crypterium offers an ecosystem that provides high security but supports maximum immunity for each user in the use of funds.

The algorithm used in the platform can ensure the right bids for each member of the ecosystem. The history of each transaction performed by the user will be stored in the system and will then be analyzed. The purpose of the analysis is to increase the calculation of risk. Identification of each member’s behavior can also be made through analytical methods.

The Crypterium Cryptobank Service for Digital Transactions

The establishment of the platform was initially intended to create a fast, comfortable, and secure payment process. Any activity that can be done by Cryptobank offers ease and high security. All support can be applied due to the use of blockchain technology with cryptocurrency. The method of the CRPT token should ultimately be generalizable for each transaction or payment.

The primary services that any Cryptobank user can perform are purchases and sales of cryptocurrencies and tokens like BTC, XRP, Dash, XEM, ETH, MIOTA, NEO, etc. The value of the applied conversion will be calculated with a high degree of accuracy. International scale transfers can also be made through a blockchain wallet account. Bank cards can also be used to transfer. The exchange and currency conversion between Crypto assets are also included in the essential services that any user can perform. Cryptobank also supports fiat currency transactions. Phone payments, penalties, loans, internet, etc. can also be made directly. Automatic debit is strongly recommended to speed up operations, and any data will be stored in the system.

If essential services are still not enough to meet your transaction needs you can use additional services, such as multi-currency transactions that allow you to write multiple currencies at once. Crypterium can assist you by receiving photo submissions from invoices at an extra cost. Crypterium infrastructure users are also charged for QR payments.

Services that are still in the process of planning the developer is the acquisition of a traditional banking license so that conventional banking can run side by side with digital investment. Besides, it is also scheduled to be issued interest from income deposits crypto. Banking statements will even begin to be pioneered along with the creation of a payroll account.

Along with its implementation, Cryptobank will continue to improve the service and quality of its services. With the Crypterium Cryptobank, it will complete an evolution of cash transactions into digital transactions as a whole. The development of this platform certainly gets a good response from the actors in the digital economy.

The Cryptobank for Business

The development of Cryptobank aims to provide secure payment services with Crypterium mobile banking. Cryptobanking will be the world’s largest payment platform with digital models and support smooth transactions. However, businesspeople may still be unsure of the application of crypto banking with the business being run. That deals with possible sellers who do not have contactless features.

For businesspeople, now you don’t have to worry. After spending five years on platform development, the Crypterium team has prepared a unique contactless system for businesses. With the system applied will expand the reach of your business. With innovative technology, your business can easily connect with a digital ecosystem.

The range of transactions for a business is probably different from individual purchases. The platform has set some rules for the bank crypto business. The following modules are specific to industries and all sectors.

  • The exchange of cryptocurrency can be done regardless of the amount without knowing the minimum limit
  • Every transaction made can be adjusted to the cashback and loyalty program applied by the platform and business
  • Can be connected with transaction history, currency filter, payment time, payment management details, shopping model to be performed, and new store connection.
  • The system applied to businesses allows the conversion of fiat money and cryptocurrency
  • Compared to the use of cash, digital transactions save time
  • The method of digital infrastructure is considered cheaper when compared with conventional payments.
  • All kinds of payment solutions can be integrated with crypto bank so that one account is enough to perform all types of transactions across all platforms
  • The solutions offered have passed the trial period in two years of use so that when launched, crypto bank can accommodate more members

The global settlement developed by Crypterium provides convenience and lowers administrative costs. Systems that run on the platform can be used as an alternative to achieve an increase in technical knowledge. Just the same as individuals who join the platform, businesses also require Crypterium App in mobile phones.

Automatic Solution Service in Crypterium

Crypterium development uses an API where there will be a role of QR code for transaction payments. QR code scanning will automatically make payments possible. Solutions with QR codes also speed up the checkout process. You can use this service anywhere, even to pay for vehicle parking fees though. The use of the API is not unfamiliar, but the use of a Cryptobank is a very brilliant idea.

Crypterium is implementing an opensource platform for the creation of Crypterium API development. Developers believe that the development of Cryptobank users will increase along with the increase of digital transaction enthusiasts. As a current application Crypterium solutions using mobile devices with a more practical purpose because in the digital era everyone cannot be separated from their phone.

Some services have been developed and provided through the Crypterium API such as wallets, exchanges, loyalty programs, crypto uses for online and offline payments, information retrieval, billing, automatic regular payments, automatic transaction notifications, and payments using tokens and cryptocurrency. All services will begin to be implemented from the start of the platform launch. The frequent addition of services to the platform may occur.

Not all services provided by the platform will be resolved in the future. By the time the platform has been successfully implemented it means the developer team has reached the point of success where the creation of a decentralized digital bank. The revolution of the world’s payment system will probably start from the Crypterium platform. So in the future, did not rule out the emergence of another Cryptobank with the same benefits and goals.

There is the official link to Crypterium:

 Social Media:

As a startup platform with five years of founding and development, Crypterium becomes a complete package in providing digital services. The use of cryptocurrency and blockchain technology makes Cryptobank a secure, low-cost digital bank of the future. Cryptobank can be integrated with all kinds of digital currencies to enable exchange transactions. For the development of Crypterium platform will open the sale of ICO tokens. The tokens used in the platform are CRPT’s that can be flexible because they can be redeemed at any time in any currency. Valid and valid money in some countries in the real world can also be redeemed for services provided by Cryptobank.

Crypterium mobile application can be the best solution for all sectors. Any digital marketplace platform can be integrated with Cryptobank. Not only that, transactions from any offline store can use Cryptobank for payment. One of the goals of Crypterium in the future is that the running of traditional banks and digital banks are in tandem with integrated systems using better technology. After the launch of the platform, the Crypterium team will continue to develop the service and create new products aimed at providing the best services at a low cost to all communities.

Bankex As The Future For Financial Technology

Bankex As The Future For Financial Technology

Recently, we can conclude some ICO products which have good appearance. In an outstanding market, investors are free to choose which one the trusted ICO who wants to follow. It’s exactly according to their consideration. The high potential platform will be selected. After many platforms appear in ICO period, the investors seem like confusing to choose one among the best products. It’s so hard to determine which is the projects that will provide the great benefits, because if the people in the wrong choice, it will create the huge losses.

Bankex as the new platform that is combining Proof of Asset (PoA) Protocol, the principle of Bank as a Service (BaaS), Internet of Things (IT) and Artificial Intelligence (AI). All components being integrated into one system named blockchain. As we know that the growth of business and financial system running continuously, in a few last decade the traditional financial system becomes the most trend system, but gradually this system exposes the weaknesses.

The investors usually save their assets in real estate, gold and stock form. This kind is uneasy to sell out physically. The alternative ways are changing these forms into legal paper through the authorized institution. But, it arises the problem, the assets trading becomes complicated because should be involved the third party (in this case is law enforcer) to legalize the transaction. So, time by time this way become the causes of non-liquidity assets.

Because the traditional system can’t hold the liquidity of assets, Bankex build as the solution to this problem. The sellers and buyers need the privation when doing the trading, Bankex provides this way. Through the tokenization of assets, the trading comes so easy, because each item has each token. So, it’s not needs to involve the third party anymore. In this case, Bankex as the future of financial technology tried to develop the digital system in the business world.

The General Description of Bankex

Blockchain has been used in the various aspect in simple and manufacturing of trading transaction. This is one of the trusted ways for the financial transaction. Besides the benefits of these technologies, the blockchain becomes a great management and tokenization tools. Why? Because to digitize assets requires lots of work. It through some stages, the checking, the agreement of both sides takes a long time. The usual digitalization system will not be able to digitize many modules at one time; it might happen an error of processing.

In this case, blockchain plays the biggest role. Blockchain can automate each transaction related to assets. It’s secure and trusted; the important is benefits of blockchain service has the meaning removing third party authorization requirements. The transaction will faster, clear and transparent.

Because the assets sell out as a digital product, the asset exchange becomes easier that will generate better liquidity. Whether its the business owner or traditional financial institution, the blocker is effective in implementation and surely brings out the great result. The popularity of bitcoin makes the people begin to understand how to use bitcoin. However, regardless of these knowledge, to acquiring bitcoin is an uneasy thing. Even today, bitcoin is a privilege for some people only.

Bitcoin can’t fill out by assets, and the coin also can’t use for tokenization. The digital coin that supports tokenization is Bankex. Bankex builds as the future for financial technology. Tokenization is the way to manage assets in blockchain environment. Bankex takes the next tokenization by adding more features such as PoA Protocol. From that case, appear the question how the differences between tokenization and digitalization are?

Digitalization assets are only about making assets to be the digital format. Its include creating the description and publish it in the market. In another hand, the tokenization is the reforming an asset into tokens which has the proof fraud feature as a part of blockchain benefit. Learn more by visiting the ann thread https://bitcointalk.org/index.php?topic=2013627.0

The Aims of Bankex

Bankex created the standard that allows the new generation of assets and contracts to build the decentralized of the capital market. Bankex implements Internet Asset (IoA) according to BaaS principle and supported by IoT and AI. The PoA opened for Fintech providers of the third party, the Lab AI and IoT, traditional financial institution and assets owner. The BaaS, PoA, and IoA have the revolutionary character to optimize the liquidity of nonfungible assets, non-liquid traditional class asset, and global banking.

Bankex technology created to betterment future for financial technology. It’s capable of makes the trading quick and easy. The new products can adjust with the complex, financial infrastructure and class of assets. Bankex try to change the financial system for the digital era and creating the global market integrate with high transparency. The successful of this platform can’t separate with an expert and experienced team in capital market and banking sector. Bankex becomes the partner for several TOP blockchain developers. The bank which has the interest in implements smart contract for non-liquid traditional class asset.

The point is to realize PoA protocol that allows the user to takes all assets, tokenize and then allows to exchange on their platform, Bankex tried to build the new smart contract (one of that is new Escrow smart contract). Bankex also works on the legal issues and to effort the user obedient toward the provision of Bankex corporation.  For more explanation you can kindly follow the social media account:

The ICO review of Bankex

Based on ICO Rating review, Bankex project placed the stable rating. This platform is unpredictable to checking the ration of supply and demand. Since founded in January 2016, Bankex able to reach the success when pre-ICO with 400.000.000 BKX tokens are a sell out on first launching. The team is also holding the research to develop the blockchain technology through ICO system to building the platform for real assets tokenization.  ICO has the primary aims to make Bankex as the biggest blockchain corporation in the world. It’s possible if the token sales success to get the people trust.

The details description and qualification of the real problem and solution are improved by the team. But, there’s no separate website which explains the ICO, it’s done to protect the Bankex from retail maximally. Besides that, it has the goal to socialize the investors that they have the right to making a private transaction with no involve the third party.  This is the reason why Bankex is placing as the future for financial technology.

The evidence that issued when ICO is utility tokens. This tokens usage as the purchase when buying the smart  asset. Just for your information, the classes of tokens consists of three kinds; there is soft, retail and hard cap. Each class have a different point of BKX tokens, 20.000.000 for soft cap, 80.000.000 for retail cap class, and 220.000.000 for a hard cap with minimum purchase is 1 ETH. Through these points, the investors will get more and more benefits from Bankex. Please kindly look at the site:

Bankex also achieves some reward and recognized as the good blockchain developer. The TOP 50 Startups Fintech successfully achieved in July 2017. The Bankex team gives maximum effort and dedicate themselves to provide the best service for sellers, buyers, bank, and all related parties on the digital financial market. From that explanation, we can get the point that Bankex has high capability and promising the people to improving their business. This is the best way to gain more and more commercial.

Why Is Bankex Important In Our Business Life?

The most important feature on Bankex is Bank as a Service (BaaS). The working of Baas is offered three main roles on the business ecosystem. There are:

  1. The owner of the asset or usually called as the originator. This party provides the items will be sell in the platform. The owner also engaged as a seller. All seller obliged to gives the information about assets (like originality, the legal document, condition, etc.)
  2. The buyer or named supplier. This party holds the position as investors. They choose and buy the items using tokens. If the investors collected tokens and not distribute on token sales, it’s not a matter. The tokens are remains available and not eliminate.
  3. The last one is the owner of the product. In this case is Bankex as the service provider of financial technology. This party has the roles to improve the transaction and trusted atmosphere while trading.

As explained before, Bankex gives the people more benefits. The investors should know which is the platform that available the greatest number of profit.

  1. By using the blockchain technology, the transaction will go faster because there’s no involve to authorize process.
  2. Prevent the instant protocol to exchange assets, Bankex able to detect all information about the items that sell out on this platform. So, it’s impossible to exchange the item with no verification.
  3. As the realization of a new generation to the better future for financial technology cause Bankex can making a move in trading adjust with consumer needed.

If you’re still curious more the strength of this platform, please kindly read white paper on https://bankex.com/en/whitepaper

The Investment For The Nucleus Smart Technology To The Future World Integration

The Investment For The Nucleus Smart Technology To The Future World Integration

Technological developments have shown rapid progress. The developers continue to race to create a more comfortable and sophisticated world. Every technological growth is associated with human needs. Every aspect of life requires technology to facilitate the activities undertaken. Try to look around you, is there still something you do without technology interference?

The busyness of people to work encourages rapid and efficient technology. One aspect that is currently very developed in the marketplace. The concept of this market is straightforward for everyone to shop without having to come to the store. Then, what if you went to the same store online and offline at once? To facilitate the identification of customers then a store requires an end-to-end technology. The technology can be realized using a blockchain sensor system and real-time sensors.

The Nucleus is a platform that can realize an integration between online and offline systems. The incorporation of the Internet of Thing (IoT) sensor with blockchain can provide solutions that can identify the visitor and the appropriate user data on the network. Nucleus offers renewable technology without using WiFi, RFID, Bluetooth, and face recognition technology in its operation.

Beginning of its development, Nucleus has gained much support from big investors. That because this platform will make the gap between offline and online retail world. With renewable technology, it is believed this platform can provide many conveniences for its users. The development of this technology needs to have full support for the realization of an integrated world.

Integration from around the world allows every activity to be done using digital technology. That will make all of the human activity ease to do. The integration world enables a new ecosystem to work together in the development of more sophisticated technology for a better future.

The Main Goal of Nucleus Development

Retail is one of the very fast growing business today. By prioritizing excellent service to every customer, the retail company also provides a full range of primary human needs products. Although the online market has been cultivating the virtual world, the existence of the retail remains brilliant among the public.

Every business needs a system update so that its company can continue. As one way for businesses to exist is to keep abreast of technological developments. End-to-end technology solutions have come to be a solution for data acquisition and data providers that previously could not be reached by retailers and businesses. Through blockchain and retail sensor technology, end-to-end technology can be applied in every retail store.

Nucleus team came to develop an end-to-end solution that was established at Harvard University three years ago. Nucleus.vision is a platform that will provide streamlined efficiency and effectiveness of data that will be presented to retailers and other ‘brick and mortar’ businesses. The sensor used is the development of blockchain technology and real-time sensors. There are currently about 19 IoT sensors successfully placed on ten retail companies. IoT sensor technology offered can support valuable data networks for companies such as visitor identificationNucleus team is present to develop end-to-end solutions established at Harvard University three years ago. Nucleus.vision is a platform that will provide streamlined efficiency and effectiveness of data that will be provided to retailers and other ‘brick and mortar’ businesses. The sensor used is the development of blockchain technology and real-time sensors. There are currently about 19 IoT sensors successfully placed on ten retail companies. IoT sensor technology offered can support valuable data networks for businesses such as visitor identification.

One of Nucleus’s long-term goals is to be a bridge between online retail and offline retail. During this time online and offline retail as two worlds very different and can not be integrated. Platform development has gained support from top investors such as Reliance Capital and Draper Team. To realize a platform that fits the purpose, then the platform requires some technology. Partnerships with technology providers have also been done such as Reliance Communications, Idea Cellular, and Vodafone.

The Technology That Uses Developing Nucleus Platform

Every technology used in the construction of the Nucleus platform has an important role. Every technique must work together to create a secure platform for retail future in the future. The development of Nucleus platform consists of a combination of four main components namely ORBIT, ION, NEURON, and nCash.

The ION sensor acts as a proprietary sensor technology. This sensor network is owned by Nucleus to facilitate customer identification process. ION network can identify the sensory temperature, acceleration, sound, and pressure around the sensor location. Using ION sensors can allow retailers to get data about data stones and mortar from every customer visiting the store.

In a digital platform, the most important thing is about authorization and security. The component used for approval and data is the blockchain orbit. The use of blockchain is considered accurate in managing customer identity. Any data and transactions will be safe to do in the Nucleus ecosystem.

The crypto used as a token-based payment is nCash. The use of nCash has a goal as a platform and currency reward system for activating transfers. nCash can be redeemed on any network at retailers incorporated in Nucleus networks. As a link between retailers and customers then used Neuron. As the Nucleus intelligence platform, Neuron works as a cutting-edge analytical engine. Utilization of time and opportunity when a receptive customer is an advantage of Neuron technology.

Four components of technology used in the platform are the technology of choice that is considered to be complementary and cooperate. Platform development will not work as planned if one component is missed. Therefore, in the construction of a platform must provide innovation and solutions that become solutions in the future.

Internet of Thing (IoT) Technology to Catch The World Integration

Any information obtained can be utilized in real-time security that every place can be reached. Sensors can be used to identify attackers. Micropayments can be used in secure access token nCash within the ecosystem. With the use of sensors, it is possible to exchange data through blockchain to assist in the realization of a safe and comfortable ecosystem.

The Internet of Things (IoT) has been applied in every life access like in buildings, houses, cars, telephone and everybody’s body. In the process of its implementation will make the company closer to each customer. Nucleus will revolutionize retail using a fission of the security industry. The framework composed of Nucleus includes homes, cars, cities, and water. The platform will have a massive application for intelligent people and towns, transportation, home monitoring, health care, and agriculture.

The construction of the IoT concept by Nucleus was the first to be performed in the world. IoT in Nucleus provides an opportunity for every retail brand to build a store by focusing on the customer experience recorded in the online network.

Blockchain sensors used in the platform allow for an intelligent data analysis to create automated solutions of customer loyalty. With Nucleus, retailers can quickly get information about their customers. That allows an estimated customer visit and the path the customer takes to visit the store. Thus, in the future, developed systems can predict customer behavior to create higher levels of customer satisfaction.

The detailed shopping experience will be enhanced with the use of the Nucleus network. That will make connecting online and offline world in retail business. The improved shopping experience is also one of the things that concern the Nucleus platform. In the platform, there will be a separate currency that is nCash to be used for data exchange. Money is required to provide an appreciation to each data provider and customer. Allowing data sharing within the platforms shows that ecosystems have been decentralized.

In the future, the IoT solution will reach on residential and industrial security systems. The IoT intelligent sensor can be a much-needed tool as a security solution. IoT can be used for commercial, residential, and industrial. The development of IoT can identify potential threats, including intruders and disasters. The data blocking network can be used as a safeguard of data transmission to authorized parties.

The Convenience To Be The One Of Nucleus Ecosystem Member

The development and research of the Nucleus team have been going on for the past three years. For the realization of a sensor technology that can overcome all the deficiencies contained in retail technology. ION Sensors do not use any enhancements like Bluetooth or Wifi in identifying anyone who is near the core sensor.

With all the technologies that are developed, anyone who joins on the platform has its comfort amongst them:

  • The intelligent sensor technology applied can help retailers identify customers while interacting efficiently. Special offers from retail can be directly delivered to the customer via mobile phone. Nucleus has worked with the relevant authorities to draw up a framework of rules and privacy imposed by technology. That makes everyone unnecessary to install an app, or other connecting devices like GPS, WiFi, Bluetooth, etc. The applied technology will automatically work on all smartphones.
  • Nucleus performs a customer identification system with IoT practices. Each sensor layer has a sufficient integration. Technology is supported by top technology providers such as Radysis, ODM, Intel, and telecom operators. Once the data is processed in the Neuron layer, retailers can obtain data that can be useful for business development through improved customer and retail management system improvements.
  • Retrieving customer data allows retailers to offer different offers to each customer. Grouping can be tailored to the accumulated product most purchased by a customer in a given period. The right proposal can provide each customer particular interest to keep shopping in retail.
  • Customers can receive special offers from retail because every customer who comes directly can be identified. Store customers usually never receive special offers because offline stores are less competent to identify every customer who shopped at the store.
  • The nCash token provided by the retailer to the customer. nCash can be redeemed for retail products or services. With nCasuah can lead to monetization of customer shopping data.

The variety of conveniences offered by Nucleus further convinces every retailer to join the ecosystem. Any services provided will make it much easier for customers to get offers. Identifying subscriber without interfaces is also very useful because not all customers want to install the app or enable a connecting device while visiting the store. There are the workings of the system that offered.

  • First, the customer will enter the store. Then the ID automatically from the customer’s phone will be identified by the ION sensor and send the customer’s phone number into the Nucleus ecosystem.
  • Customer identification will be transferred to the retailer via blockchain. Customer mapping can be done by retailers and identification of new data can also be done by the system.
  • Once the platform receives the data, customers can get special offers and nCash that can be credited to the customer’s account.
  • Each new customer will automatically log into the incentive network in the form of nCash for each network participant.
  • Each partner of the system will establish a rule concerning sharing customer data. If the customer data request is approved, then the recipient of the application may accept nCash as a shared data use incentive.
  • Customers can quickly receive data for nCash claims and receipts. When customers allow data sharing, blockchain can enrich each of the entities involved.
  • In the determination of tokens, resellers can see calculations from the number of customers entering the store, browsing the store and checkout.
  • In addition to awards, nCash tokens can also be used by customers as reward point loyalty in every retail partner in the core network.
  • ToOM ATOM liquefaction can be done on the crypto market with cash. Customers can also choose from the shopping experience to get nCash tokens. The data provided is also not shared with retail partners Nucleus.

Give contribution to Nucleus ICO as the developing the future technology is one of the signs to support the creation of a platform that refers to the integration of the world. The use of IoT’s base can continue to evolve into all aspects of life with the smart concepts on offer. Each managed system is an implementation of the use of digital technology to facilitate every human activity including regarding income. Join Nucleus for ease of retail and IoT development.

There are links to get more information about Nucleus:

Posted by : kurniawan05

https://bitcointalk.org/index.php?action=profile;u=1187741

BANKEX As An Asset Business With A Combination Of Renewable Technology

BANKEX As An Asset Business With A Combination Of Renewable Technology

Traditional capital markets that are currently underway are considered lacking regarding liquidity. The level of cash has indeed become a problem that is often encountered in conventional asset markets. Realizing that, the founders of BANKEX have a mission to standardize the asset market with a newest technology and create a decentralized capital market. As a way out, then made Internet Assets (IoA) by using the principle of Bank as a Service (Baas).

Each technology used aims to realize a revolution of the conventional asset market to achieve an accurate liquidity. APIs in global banking can make BANKEX technology faster, scalable, and new products easily customizable. An economic transformation in the digital age is expected to create a transparent market.

The development of smart asset markets is needed for a better market era. By deploying highly experienced teams from banking and capital markets, BANKEX is partnering with blockchain developers to create a better and more profitable capital market. The presence of BANKEX can be the preferred partner that applies smart market contracts more accurately than the less liquid assets market.

Basic Concept of BANKEX Asset Market

In the development of the system, the developer team identifies the cash flows from real goods or services. A client’s assets create the use of a third party provider’s cash flow. To protect investors, BANKEX incorporates third-party asset, and cash flow audits in tracking based on the Internet of Thing (IoT) and Artificial Intelligence. The next step to protect investors is to minimize the risk of agents by holding assets in escrow. That can also be done with independent asset sourcing managers or secure assets. Assets are tracked and safely used as a token expense guarantee.

In the BANKEX ecosystem, the token has two meanings as the IOU contract security and as a payment tool utility with the ratio of one token equal to one service. Any payments made may provide an arbitration opportunity. Token used can be supported in the real world either for good or the value of a function.

BANKEX’s asset market also plans to trade BKX assets. Trade is made by OTC exchange, corporate and financial organization. This trade also allows the exchange of BKX assets. Each crypto coin is issued BKX protocol. The security used is traded on the stock exchange.

Integration of Internet of Thing (IoT) Technology in the BANKEX Platform

The IoT sensor has been integrated into unique technology development by BANKEX and external event into the Proof-of-Asset protocol which enables monitoring of asset cash flows from tokens. The prototype integration has also been demonstrated to apply this capability. BANKEX labs have teamed up with Xiaomi for a family device for the home. Every product and service from BANKEX has provided the asset owner with access to manage multi-level assets that offer real-time accuracy, convenience, and security.

The versatile technology behind the BANKEX PoA protocol has been integrated with various techniques that exist for the realization of services that transcend the real asset tokenization. The ability to integrate with IoT devices is a critical component of the technology. Each IoT device is intended to create asset management that can be merged with Fintech user experience that has never existed before. The Sandbox prototype for smart family homes has been developed by the BANKEX lab with Xiaomi devices to show that real estate assets can be monitored using a variety of different ways.

Through Xiaomi’s smart device as the next generation, IO system for exceptional homes offers the convenience and convenience of homeowners in managing the system remotely via mobile devices. BANKEX developed a technology that can access and integrate intelligent dwellings through a platform called DeviceHive. Homeowners can not only control doors, lights and home appliances but can also earn income when real estate is connected. The potential of IoT technology is wide open to provide users with a distinct experience.

Various security and convenience offered by BANKEX in IoT utilization. The technology can be used for the realization of real estate. The benefits provided are a new and unprecedented system of existing economic services.

  • The use of IoT is the safety of the next generation in an apartment. By using IoT, homeowners have access to the security of an apartment remotely using real estate owned. Everyone who attends the home can be seen and monitored.
  • With the integration of BANKEX makes the cost of managing real estate more affordable. Owners can avoid third-party security providers in handling real estate objects because they already have IoT tools such as Xiaomi smart devices.
  • Allows to share revenue from home assets, home assets with tokens, and can be used in a shared economy.

The Sandbox prototype BANKEX Labs can track doors and windows to identify personal presence at home. IoT sensors will be sent to DeviceHive and then recorded on the blockchain. Through the smart contract, in BANKEX it will make the asset owner can receive an automatic payment. To improve the assets on IoT, it is necessary to have procedures integrated with the IoT device infrastructure.

Issuance of blockchain assets can be done using smart contract functions through MetaMask. After receiving the ID, the user needs a backend connection. To connect with the IoT device then the web page will display the QR code that can be scanned by the user through the BANKEX IoT application. Additionally, the QR code can also be examined optionally via the QR scanner application. The app has the deep-linking support that lets applications launch with additional parameters such as asset IDs.

Proof of Asset Protocol as BANKEX Platform Builder Technology

Decentralized banking is very likely to be a new source of real assets in BANKEX. Demo versions of BANKEX products have been released to attract the interest of its users in using proof-of-asset protocols. With this new source enabling real assets of the crypto-centric Fintech platform can be available. The purpose of the release of the BANKEX Demo is a test of smart assets using blockchain.

Information filled by users will be recorded on the blockchain which will require the role of MetaMask as payment for the transactions made. Once you have created a particular type of smart asset, you will be directed to a more detailed form. Some QR codes will be visible and contain intelligent contract address, asset address, and transaction address. Mobile apps use the concept of the Internet of Things. Given the scanned QR code, you can enable to change or add asset data by using the mobile app.

IoT data is used to obtain more accurate information about assets owned and improve the accuracy of asset evaluation results. By scanning QR code you can provide an asset number that grants access to the application to identify the assets you need to attach in the IoT data. All data contained in IoT will be recorded in the blockchain.

BANKEX Development Plan in the Future

The BANKEX project has been started since 2009. As time passes, various achievements of BANKEX begin to be achieved. BANKEX has also won numerous awards and obtained funding from renowned investors such as Mircosoft Azure. The BANKEX Pre-ICO token has even reached a fantastic amount of $ 1.5M. With its support for platform development, the roadmap in 2018 to 2019 has been determined. The goal is that the project can run with focus and finish on time.

Achievements in 2018 are planned to have a KYC BANKEX adapter. Reported the first commercial plasma and first ISAO smart token sales. The merger of licenses and required permits will also be implemented this year. To increase the strength of the platform is also necessary to create partnerships with several banks and exchanges. Besides, as support for the fintech community, it is required to develop a multicurrency token sale engine.

Implementation of the smart, smart conference will also be held in 2018 in Las Vegas. Development of portfolio’s finest management system even began to develop in this year. The event will arrive at the creation of a universal counselor of renewable smart-contracts and will start the BANKEX operation in Switzerland. In this year we will begin to work on interaction methods in the mining product scheme and the launch of cryptocurrency derivatives.

In 2019 the mechanism of BANKEX foundation began to be introduced. Smart, independent token for ISAO expansion. The integration of primary conventional banking and crypto economy and launched the standard intelligent token asset creation service. The center for smart asset certification will be established in 2019. Banking licenses will also be obtained this year. Besides, support from the law, companies, taxes, permits from entities for banking services in leading countries should also be achieved by 2019.

As a renewable platform with the incorporation of IoT, Baas, AI, and blockchain technologies will make BANKEX a profitable protocol in the asset market. The system offered is also apparent and directed. Having a goal to achieve a high level of liquidity makes BANKEX always ogled by investors. The application of cryptocurrency further supports the security of transactions taking place within the ecosystem. Ease of access from the user-friendly interface of the website and the app made probably increasingly adding to the convenience of each user to transact.

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