the main thing is that this will eliminate fraudsters and intermediaries from this market.
So the use of blockchain technology will be quite justified.

Why is Bankcoin Reserve Coin so appealing to banks, financial institutions and insurance companies?

Bankcoin Reserve Coin – is a high value, low volume instrument that allows solving issues with moving large assets or commodities in a quick and affordable manner. For example, one million BRC, currently valued at 1.557 billion dollars US, can be moved from country to country in just a few seconds – for a network fee of just 52 cents.

Besides, Bankcoin Reserve uses the Proof-of-Stake (PoS) consensus algorithm that allows the Bankcoin Reserve Blockchain network to reach distributed consensus. In Proof-of-Stake cryptocurrencies blocks are created by choosing from various combinations of random selection depending on the size and age of users’ stakes. This is different from the Proof-of-Work (PoW) algorithm, used in bitcoin, where heavy computational tasks are done in order to create new blocks and verify transactions on the blockchain.

🔺 For more information about the Bankcoin Reserve project, please visit https://bankcoinreserve.io!