BriteBanc
BriteBanc: Licensed Crypto Banking Has Arrived With The Launch of BriteBanc
DGAP-News: BriteBanc / Key word(s): Miscellaneous Licensed Crypto Banking Has Arrived With The Launch of BriteBanc BriteBanc is a licensed retail banking institution, now accepting crypto currency deposits. BriteBanc has married the superior technology, security and speed of transacting business across town or across the world, which crypto currencies have been doing for years with the type of services-savings accounts, CD’s, loans and investments that traditional banks have been offering for years. It operates a comprehensive online retail banking presence, allowing crypto and fiat depositors to transfer funds internationally, access reliable debit card services, as well as other banking functions, while earning interest. As a fintech company, BriteBanc believes it brings a unique level of operational experience to BriteBanc is launching an Initial Coin Offering (ICO) of its “CapCoin” cryptocurrency, projected to be completed in the 4th quarter of 2018 for (US) $220Million. The technology behind CapCoins solve a number of issues that have plagued the crypto marketplace in the past, including security, volatility, merchant acceptance and the ability to earn interest on crypto deposits. BriteBanc intends to marry present-day retail banking with the benefits of blockchain BriteBanc seeks to position itself to support the needs of both retail consumers and corporate customers. Retail customers desire to make purchases of bitcoin (and alt-coins directly) without KYC delays or problems with credit card authorizations. Corporate customers look to make larger crypto transactions possible without causing problems with their existing financial institutions, (who might have “anti-crypto” policies in place.) BriteBanc LTD is a licensed International Retail Bank enabled to operate globally and cater to the crypto community around the world. BriteBanc expects to become a major player in this space by offering a unique suite of financial services to crypto participants and by innovating with a variety of blockchain enhancements that are focused on the financial industry. Because BriteBanc is an actual financial institution, it desires to bridge the blockchain gap left empty, with no central authority. Through new proprietary Smart Wallet technology, blockchain KYC solutions, specialized Smart Contracts and the CapCoin token, BriteBanc provides the key cryptographic and operational components to the ecosystem that enable retail banking. Although it makes it possible to bring the everyday functions of “fiat banking” to the blockchain, it goes further by enhancing token ownership – allowing token owners to participate in the management of their portfolio. In addition, Smart Wallets enable payments (by BriteBanc) to token owners based on the choices they make about their tokens. A dividend would be a simple example. Crypto participation now goes beyond token ownership for speculation and trading. Now, decisions made about token functionality enable additional ownership benefits to be made available- fund allocation, dividends or payment of interest to name a few. This function reduces volatility by building intrinsic value into the token, not just some perception of value driven by speculation. For more information please visit http://www.britebanc.io About BriteBanc: ************************************************************************************************************
03.07.2018 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. |