BlockBank

BlockBank

BlockBank

Block Bank is a a digital decentralized commercial banking entity. The Block Bank concept is a digital funding platform designed to serve human needs rather than profits alone.

Information

ICO Time:
08.02.2018 - 15.03.2018
Ended
Platform:
Blockchain
Restrictions:
Website:
http://theblock-bank.com
Social networks:

Team

Adam Cuffe
- Founder Project Director
Anton Dzyatkovskii
- Emerging Markets
Dmitry Machikhin
- Legal Russian Markets
Yusuf Sozi
- Sales Officer
Stephen Widdison
- Chief Operations Officer
Vitalii Biriukov
- Blockchain team lead architect
Vladimir Sergeev
- Team lead backend web developer
Elena Morozova
- Team lead frontend web developer
Nikolai Zhulinskyi
- Web developer
Alexandr Brusentsov
- UI/UX designer

Advisors

David Chan
- Real Estate Advisor
Sufe Miah
- Legal Advisor United Kingdom
Volodymyr Malyshkin
- ICO expert
Angela Morrison
- Strategic Partnerships Middle East

Description

Transparency and immutability
Changes to public blockchains are publicly viewable by all parties creating transparency, and all transactions are immutable, meaning they cannot be altered or deleted or recovered.

Low cost
By eliminating third party intermediaries and overhead costs for exchanging assets, blockchains have the potential to greatly reduce transaction fees.

Faster transactions
Interbank transactions can potentially take days for clearing and final settlement, especially outside of working hours. Blockchain transactions can reduce transaction times to minutes and are processed 24/7

Pseudonymity
All transactions being added to a single public ledger, any wallet addresses is random characters that cannot intrinsically be associated with a specific individual. This enables a high degree of privacy when required.

Security and integrity
Blockchain is maintained by a large network of participants, no one actor can easily gain enough influence to submit a fraudulent transaction or successfully alter recorded data. Users can trust that transactions will be executed as the protocol commands removing the need for a trusted third party.

High quality data
Blockchain data is complete, consistent, timely, accurate, and widely available.

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