The company BankEx is a fintech foundation, which specializes in developing technologies allowing asset digitalization. The project has many interesting products that interesting for banks and invest companies. Therefore, to accelerate its product development, BankEx team decided to conduct an ICO in October. The main product of BANKEX is the Proof-of-Asset protocol, which aims to solve the issue of asset liquidity. Proof-of-Asset means that the token issued as part of the protocol is backed by an actual asset. The main difference between the BANKEX Proof-of-Asset protocol and other analogs is the ability to tokenize different types of assets as it has modular structure. BANKEX Proof-of-Asset Protocol takes the challenge to make securitization significantly more affordable, faster and less risky for token buyers by harnessing the power of smart contracts on a blockchain and continuous audit of assets. The Protocol operates in 4 main stages: digitization, tokenization, asset trading and dealing.
BankEx is the avant-garde, directing forward and able to solve many problems in the banking sector.
Under the existing version, many eminent banks are in the process of developing their own cryptocurrency, which will help to carry out financial transactions. I think that this is a process that will be subjected to various improvements, using innovative technologies, for example, such as blockade, which is actively introduced into our daily life. Any transactions - conversions, transactions between banks, legal entities or individuals can be carried out and reliably fixed in the detachment .
Bankex eliminates the possibility of court involvement when people sell their goods irresponsibly in the eyes of the law can also be said to be illegal. Now if you want to buy a car, a house, the ship does not have to worry about the dangerous risks attached to the sellers who return their meghantui. For example, the seller usually faces future bankruptcy proceedings, or legal battles due to criminal behavior. should never get into the list of innocent buyers who are looking for goods to buy on the Internet. By using Bankex or other ethereum-based shopping initiatives, you can be 100% sure you are buying safely.
But in statistics have shown too many instances where the can and do legal process ends with a buyer agreement with the seller. When a court decision is passed, unsuspecting buyers may be forced to cancel the item they have just purchased, then have to go through a grueling process awaiting a refund sent from the court through legal proceedings. It can take weeks or even months. But with TheBankex process using security checks for each item that is converted to tokens, bonkex checks the item for engaging in fraud.
Bankex also conducts background checks of criminal records, the location of the goods is also registered and documented.
BankEx , believes that behind the tokenization and digitization of real assets is the future, and the process itself will increase the liquidity of assets.
In conclusion, I want to express my attitude to this project and explain why he drew my attention. I think that BankEx is the future, because professionalism, progressive thinking, and well-honed image will easily win the confidence of BankEx users ! Good luck!
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