Bankera (BNK)- Digital Banking
Bankera is a blockchain platform that is building a digital bank that can last as long as the blockchain era exists. Bankera can also be described as a traditional bank that fits several services under one platform. The services on the fit bank platform fit into three categories the categories include loans and deposit, investments and payments. These categories have different benefits and services that users can only perform on the categories. Here is a simple description of the three categories.
Loans and deposits
Loans and deposits are the key competitive edge and the core service of Bankera. All present deposits receive interest just as other saving does. Clients will benefit from higher interest rates because of the proprietary information about borrowers’ cash flow.
Investment in the platform consists of low-cost products like crypto-funds, equity traded funds as well as robo-advisors solutions. All the investment products are used for wealth management. Eventually, the Bankera platform will offer investment banking services including financing corporate strategies.
The third and final category if the payment category. The category includes payments accounts with debit cards, personal IBAN, payment processing and interbank foreign exchange. All services at the platform support both the traditional fiat currencies and cryptocurrencies such as DASH, Ethereum, ERC20, and Bitcoin etc. in the long term, Bankera plans to implement innovative solutions like the use of equity traded funds and gross-domestic -products as a substitute for money.
Bankera is headed by Vytautas Karalevicius. He is the CEO of the company, Vytautas is completing his Ph.D. in cryptocurrencies at KU Leuven University. The CCO is mantas Mockevicius. Mantas has more than 8 years of experience in digital money exchanges and managing operations and compliance for electronic. Justas Dobiliauskas is the CTO of the company, he too has over 8 years of experience in developing software for financial entities as well as years of experience in the blockchain technology. Others include a team of advisors and developers who years of experience in the blockchain technology and other fields.
Bankera launched its ICO in a bid to implement its vision. The ICO that started on August 2017 ensured tokens is issued on the public blockchain. The Bankera token (BNK) will be issued during all their pre-token sale and ICOs. During the recently concluded pre-ICO, the token price was 1 euro cent. The prices of the token during the main ICO will depend on the number of tokens issued during the Pre-ICO.