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BANKEX sets out to clear up inefficiencies inherent in these days’s banking equipment by way of utilizing Blockchain technologies
BANKEX, the decentralized financial institution-as-a-service business, today introduced that their Token Sale event (TSE) will take area on November 28. the usage of proprietary fintech solutions, BANKEX aims to bridge the gap between the rising blockchain sector and traditional finance.
“We hope to have a transformative impact upon traditional finance and investment, micro-financing, precise property, as well as illiquid belongings, herbal components, and derivatives markets. here’s a large accomplishing and may require substantial investment. The market hole is big, the competencies is large, and the purpose is obvious. We wish to convey rising Blockchain solutions to the dependent banking sector,” talked about Igor Khmel, Founder and CEO of BANKEX.
TOKEN SALE adventure
Having raised $ 10 million USD in delicate and tough commitments within the first two weeks of its presale and personal sale duration, BANKEX’s TSE will take vicinity between November 28, 2017, and December 28, 2017. interested events can use ETH and BTC to participate in the sale. Capped at $ 40 million USD for retail buyers contributing in both presale and public token sale, BANKEX will promote BKX tokens at a price of 1 ETH = 500 BKX. Actively engaged on partnerships with financial associations to develop pilot initiatives and proof-of-concepts, BANKEX has frozen a number of BKX tokens for free up to institutional purchasers.
BANKEX CEO Igor Khmel is a fintech entrepreneur with adventure in product construction, operations, and digital method implementation. With an MBA from Stanford faculty of business, Khmel’s expert tune-list comprises skilled tenures at prestigious corporations McKinsey, Deloitte, and fortress. Khmel additionally founded a fintech laboratory and innovation observe at Sberbank, the greatest financial institution in eastern Europe.
Deploying sensible contracts and powered by means of the tokenization of belongings, the BANKEX platform makes it possible for off-balance sheet crowdfunding and chain finance to function on present infrastructure, creating novel and effective options for banks and different financial associations.
With compliance and safety as properly priorities, BANKEX is in shut cooperation with cybersecurity company neighborhood-IB to aid mitigate risks in any respect stages of the token sale. in addition, all participants have to go through an in-depth registration process. The privacy of the individual is revered right through and no sensitive own suggestions is accumulated. as soon as registered, participants will obtain an e-mail with guidance on how to proceed with the presale. This e mail will encompass the ETH/BTC handle that presale contributions should still be despatched to.
“All components bought, all the way through our TSE, will be used to make sure the success of all stakeholders worried within the BANKEX challenge. We purpose to be entirely resourced and equipped to fulfil our mission commentary and to make certain we proceed to develop and extend upon our group of world class personnel,” concluded Khmel.
BANKEX’s stellar board of advisors consists of industry specialists similar to Sergey Sergienko, founder of Chronobank, Sasha Ivanov, founding father of Waves, Nehemia Kramer, an early stage investor in Ethereum, Chris Skinner, a leading economic markets strategist, Gabriele Colombo, government Director of Symphony basis, and Peter Cramton, Professor of Economics at Maryland college.
With trade-large assist, BANKEX’S partners consist of ConsenSys formation Balanc3, Microsoft, Dostavista, a global crowdsourced delivery carrier that operates in nine nations, Symphony basis, a groundwork made from main US banks, and the Moscow trade, the greatest alternate community in Russia. In may 2017 BANKEX became listed by way of economic IT’s Pathfinder ranking as one of the true-50 fintech agencies worldwide.
the use of standardized Fintech solutions, BANKEX, the decentralized financial institution-as-a-service commercial enterprise, goals to bridge the hole between the emerging blockchain sector and conventional finance. Deploying smart contracts and enabling tokenization, the platform powers off-balance sheet crowdfunding, chain finance and leverages external infrastructure, creating productive and time beneficial solutions. BANKEX’s creative options have far-accomplishing areas of application and are posed to have transformative effects upon ordinary finance and funding, micro-financing, actual estate, as well as illiquid assets, herbal resources, and futures markets.
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