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While Everyone Is Trying To Build A Super App Blockbank Has Done It – Press Release Bitcoin News
press release
PRESS RELEASE. “Creating a neobanking super app for crypto and digital assets has been blockbank’s ultimate vision since its inception. Over the past year, we have listened to our growing user base, acquired global licenses and built one of the most technologically advanced software in this space, says Anastasija Plotnikova, CEO of blockbank.
Blockbank is available at apple and Google Play stores for download and provides the end user with a portal to all things banking, digital finance and cryptocurrency. Having multiple back-ends with one front-end establishes a multifaceted user-centric experience that allows each user to choose how they want to participate, not only in the application, but with their own personal finances.
The app aims to provide users with an unprecedented set of options. Firstly, where they are fully KYC’d and the assets are stored in the application, users can bet, earn and trade. Second, where users can be completely decentralized, they can directly participate in the DeFi space while having self-custodial of their own assets. Third, they get access to a bank account number that allows them to send or receive traditional money. By the end of this year, a fourth component will be enabled – a functioning global crypto credit card that allows users to spend or withdraw money from any ATM globally.
Blockbank was recently announced as the winner of a European Fintech Hackcelerator of Axis point and was invited by Monetary Authority of Singapore to participate in the Singapore Fintech Festival, which takes place 2-4 November. It is important to note that in the European Fintech Hackcelerator, blockbank was the only female-led company.
“The digital landscape is fragmented and complex, confronting investors and users with risk, security and navigation challenges. Our vision was to defragment finance, and create a simple and user-friendly platform where users can facilitate all their financial needs, regardless of vertical, in a super application. We can now proudly say that we have reached our goal.” so Kelghe Dcruzco-founder of blockbank.
Managing your finances, whether traditional or digital, shouldn’t be difficult, risky or expensive. While traditional finance considers digital asset holders and users as “high risk” and makes little or no effort to serve them in a compliant and fair manner, blockbank’s mission is to create an environment from the ground up to accommodate retail and institutional users with their desired need.
“With our latest release, we’re reaching a major technological milestone. We’ve been working hard to bring speed improvements to the features blockbank users use the most. And along with an update, we’re adding new levels of security powered by Fireblocks. I’m sure our users will love it as much as we loved developing it.” — Dmitrij Radin, chief technology officer at blockbank.
The Avalanche the network is now available.
Users can easily access hundreds of AVAX tokens on the AVAX chain. This will allow users to easily participate in DeFi or Cefi services within the app, eliminating the need to use different applications for each network.
Faster transactions with lower fees
Since the launch of block bankthe team has continued to work on speed, stability and improvements so that users do not have to compromise speed and stability for the sake of low fees.
The improvements in the software enabled the increase in transaction speed drastically. Users can now enjoy faster deposits, withdrawals and transactions. This next version introduces improved calculations of transit fees and swaps for all current and future protocols.
Neo Banking transactions will now happen faster and more efficiently, with the ability to deposit money into users’ blockchain banking wallets using their card. In the near future, users will be able to top up their cards directly with EUR, GBP, USD and CAD.
Focus on safety and convenience
Blockbank entered into cooperation with Fire blocks, a leading provider of blockchain custody for moving, storing and securing digital assets. Fireblocks is a digital asset storage, transfer and settlement platform.
Users can now access decentralized financial services more easily and quickly. Once you access the centralized part of the application, the KYC (Know Your Customer) process will take less than three minutes.
Unstoppable Domains integration
Unstoppable domains are the leaders in the decentralized domain space. blockbank’s users can purchase their decentralized domains without leaving the application.
The purchased domain will replace a long, complicated wallet address with a simple, easy-to-read domain of the buyer’s choice.
A new definition of accessibility for digital assets
The Blockbank team is pleased to announce that along with the rollout of V3, the application will now be able to onboard North American customers.
“As the first investor in the project, I’m involved from the beginning and I’m very excited to see blockbank’s progress. I see such potential here to solve real-world problems – roadblocks that the other blockbank founders and I have faced with banks and traditional finance. It’s been a long, hard road, but we’ve now built the foundation to help our users mitigate these issues.” – Darren Franceschini, co-founder of blockbank.
The community remains the driving force behind our robustness, inspiring innovation and shaping future application updates. With the relentless support of the community, blockbank is on its way to becoming a true CeFi, DeFi and neobanking powerhouse, eliminating the complexities of digital asset management and unlocking a world of possibilities for users.
Follow blockbank further Twitter and join an official Telegram channel to stay au courant about the new features, partnerships and more.
This is a press release. Readers should do their own due diligence before taking any action related to the Promoted Company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.
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