Bankex is a crypto financial platform that specializes in the sales of tokens and financial assets. Financial Technology (fintech), a term often used to refer to newly emerging digital technologies adopted in the finance industry, is said to disrupt traditional banking models to bring about greater convenience and efficiency for consumers of financial services, as well as offering the possibility of reducing risk and lowering the cost of operations for financial service providers. A number of major financial markets have tried to establish a sustainable fintech ecosystem and attract fintech talents in order to maintain their competitiveness.
Bankex is an organization that brings together financial market members to build a community and implement a Proof-of-asset Protocol that enables community members to profit from use as a shared asset. And its "Fintech" startup products that incorporate Bank As A Service, Proof Of Asset and Blockchain technology protocols to give you the safest way to trade, exchange and purchase retail goods. Such as cars, jewelry, real estate and household rattan can now be purchased with the help of cryptocurrencya; gorythms bankex and other similar companies. To debate between crypto and retail sellers.
Earlier this year, Microsoft even knew the future potential of Bankex and sang a partnership in the development of blockchain technology that provided Bankex sponsors with $ 120,000 and provided them with a reliable platform for cloud hosting. All of this success is evidenced by Bankex's listing in the Top 50 ranks of Pathfinder rankings in IT 2016 to 2017.
BankEx proposes to take advantage of the technology of blocking to maximally involve real assets in financing schemes. BankEx is developing a platform, legal schemes and technical solutions for the tokenization of assets that were previously considered illiquid and could not be used as collateral and as a basis for financial instruments. Usually, the attraction of financing for such assets costs about $ 1 million. Using the BankEx liquidity protocol, it is much cheaper to attract financing.
Join the most promising FinTech Startup block-chain project with leading global partnerships!
There is a company Lithium / product_owner /, which is engaged in the digitization of reserves in the lithium deposits (product). The technological process is structured as follows: first scan the deposit from the satellite, determine where there is lithium and the first evaluation of the deposits, then on site investigate the presence of lithium using IoT tools.There is a mine owner in Chile / originator_order /, who wants to attract investments for mining of lithium in his mine.
/ product_owner / comes to the mine and uses special equipment to determine the amount of lithium in it, the quality of lithium and how easy it is to get it.
Further, all the data obtained after the mine scan is included in the Smart-contract and according to the given formula for estimating the cost of lithium deposits / F1 / estimate the cost of lithium deposits in a particular mine. Then the procedure of asset check / Escrow / is performed and the product Token LithiumToken is formed and fixed in the block / ethereum /. After that, LithiumToken packs in the bid for the exchange / order_bid /. Further, the sensor is placed on the shaft, controlling the presence of lithium in it.On the exchange is issued a bid, which is a financial instrument.
The buyer is sure that lithium is in such a condition / order_bid / with a fair estimate / smartcontract_1 /, since if a part of the lithium disappears, then the smartcontract_1 will be canceled by availability. Next, the buyer - the car manufacturer from China makes a purchase and becomes the owner of the tokens for lithium, lying in the mine in Chile, and the owner of the mine in Chile / originator_order / receives the necessary investment.
Even if you are familiar with definitions it is pretty hard to imagine a whole bigger picture of what is BANKEX really doing for the banking system and how big and revolutionary this is. When you are living in the fast-changing times like ours you can't really get a perspective on how life changing all these ideas are and how will they change the way we do business with banks. I think it will be much easier to see the importance of all of this in 20 years or so, the same way as we look at Internet revolution now and see the effect of it in our everyday lives.
For more information visit
SITE http://bankex.com/
WHITEPAPPER http://bit.ly/bankex-the-smart-whitepaper
BITCOINTALK https://bitcointalk.org/index.php?topic=2237161.0
FACEBOOK https://www.facebook.com/BankExchange/
TWITTER https://t.me/bankex
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=16578
Hello & Cheers!! I'm a content detection and information bot. You are receiving this reply because a short link or links have been detected in your post/comment. The purpose of this message is to inform your readers and yourself about the use of and dangers of short links.
To the readers of the post: Short links are provided by url shortening services. The short links they provide can be useful in some cases. Generally their use is benign. But as with all useful tools there are dangers. Short links can be used to hide all sorts of things. Quite frequently they are used to hide referral links for instance. While not dangerous this can be deceptive. They can also be used to hide dangerous links such as links to phishing sites, sites loaded with malware, scam sites, etc. You should always be extremely cautious before clicking on one. If you don't know and trust the poster don't click. Even if you do you should still be cautious and wary of any site you are sent to. It's always better to visit the site directly and not through a short link.
To the author of the post: While short links may be useful on some sites they are not needed on steemit. You can use markdown to format your links such as this link to steemit. It's as simple as
[steemit](https://steemit.com)Unlike short links this allows the reader to see where they are going by simply hovering over the link before they click on it.