MyCryptoBank | Project Overview
Hello dears! Today we will talk about MyCryptoBank. This project is an online Bank on Blockchain technology available all over the world. Let's start!
The globalization of our planet is leading to the globalization of relations among all its people. Today, the demand for digital money is very high. The "digital Currency of the Internet" is a secure, Internet-based, accessible Currency that helps all people without Bank accounts to access funds, as well as allowing fast and cheap transfers of funds without any geographical restrictions. The popularity of the smartphone in different countries allows companies such as MyCryptoBank to offer services of a full-fledged banking platform. People will be able to use it with just a smartphone and a debit card. One of the areas that determine the future of the banking business is Banking on the basis of blockchain technologies. This technology is much faster, more efficient and less error-prone than the traditional banking system we all know. Blockchain allows you to save time and money for banks and make payments almost instantly for users. The very decentralized nature of the blockchain makes it very difficult to conduct any fraudulent or criminal operations.
Smart contract is one of the most interesting elements of blockchain banking. These Smart contracts allow users to change money, stocks and other assets safely and without problems. As a traditional contract, the smart contract determines the rules of the contract and fines.
MyCryptoBank is an online Bank based on Blockchain technology, allowing any customer to register in an electronic banking system to do a full range of banking operations. So, My Crypto Bank provides remote access services to the client's accounts, products and banking services for banking operations.
This project offers its customers a multifunctional banking platform, which is a hybrid system that combines digital and traditional currencies. The use of digital currencies makes transactions faster and cheaper, while traditional currencies guarantee near-comprehensive recognition and validity.
Now there are a lot of blockchain startups in the field of FINTECH, the idea of crypto Bank many times they want to implement different teams, some of them have already held their own ICO. At the same time, attempts to create it always remain unrealized to the end, it can be said that no crypto-business is fully functioning in the world now. Most of these projects failed at the stage of obtaining a banking license to work with cryptocurrencies in the Eurozone and the United States – the choice of these countries was due to any desire to demonstrate its reliability to customers. However, local regulators do not give banks any licenses to work with cryptocurrencies. The MyCryptoBank team follows the rules, unlike most of the competitors, share their processes of obtaining Bank licenses and licenses to work with cryptocurrencies, which allows them to legally work with both Fiat money and cryptocurrencies. The project has already received licenses for the circulation and storage of cryptocurrencies and virtual values and is now actively working with leading law firms to obtain banking licenses.
Team
This is a mobile application, which is a set of payment services for its customers. Services include the issue of virtual cards of payment systems. Until the Bank receives a license, this service will be carried out with the participation of partner banks, but in the near future MyCryptoBank will be able to issue cards on its own.
Roadmap
Conclusion
In my opinion, the project looks very ambitious and promising. The team intends to create a full-fledged online Bank that will be available from anywhere in the world. I want to wish the project team to achieve their goals!
Website: https://mycryptobank.io
Telegram: https://t.me/MyCryptoBank
Whitepaper: https://mycryptobank.io/docs/MyCryptoBank-white-paper.pdf
ANN: https://bitcointalk.org/index.php?topic=4484862
Facebook: https://www.facebook.com/Mycryptobank
Twitter: https://twitter.com/MyCryptoBank
Reddit: https://www.reddit.com/user/MyCryptoBank
Instagram: https://www.instagram.com/mycryptobank/
Linkedin: https://www.linkedin.com/company/my-cryptobank
Youtube:https://www.youtube.com/channel/UCEWn4UUSAX1xLQHKXkaBbuQ
My BitcoinTalk: https://bitcointalk.org/index.php?action=profile;u=1194601
My BitcoinTalk Username: kable78