[ANN] BANKEX | Proof-of-Asset Protocol

[Boqueron]

Lots of ideas from the team are being shared on BANKEX's Facebook page lately. Take a look!
https://www.facebook.com/pg/BankExchange/posts/

[1715012353]

1715012353

[1715012353]

1715012353

[1715012353]

1715012353

[obsbtc]

Looking on how to use BANKEX Scan? You can find a guide here

[DashingCrypto]

BANKEX on Telegram!

1. Official BANKEX Group
2. BANKEX Announcement Channel


Come say hi to the team! 

[chickaboom]

Hey everyone, take a look at some of BANKEX's applications:

BANKEX Pay - a secure app to manage your crypto assets.  
Download BANKEX Pay for iOS https://apple.co/2C2x9ow. And read more here: https://bit.ly/2XA1eF2

BANKEX Scan: http://scan.bankex.com -  ETH scanner activities taking place on Ethereum.
Get BANKEX Scan for iOS here : https://apple.co/2IM6bYb .
Get BANKEX Scan for Android here: https://bit.ly/2TomSwV .

[Boqueron]

Catch the latest posts from BANKEX on tokenization:

Tokenization represents an incredible opportunity to both real estate owners/managers. It paves the way for a new forefront in real estate development.

https://bit.ly/2VxL25G

[HODLtheLINE]

In case you missed it, learn about one of the blockchain's fundamental issues is the Byzantine Generals' Problem. What is it and how do we solve it?

Find out everything at https://blog.bankex.org/what-is-the-byzantine-generals-problem-anyway-d44440caf3dd

[DashingCrypto]

UPDATE from the BANKEX Team- Take a look at STO Frameworks:




If you have any questions about BANKEX, make sure to stop by the Official Telegram Group!

[Boqueron]

ICYMI - Learning about blockchain technology?
Watch Blockchain Fundamentals Course, Introduction pt 1 of 3

https://www.youtube.com/watch?v=7iyQtu8I5WU

[obsbtc]

The Team has been nominated by FIBC in their 2019 startup contest! Read more below:

https://twitter.com/BANKEX/status/1103004590511980545

[Boqueron]

Fintech Finance talks to Syed Hussain, of BANKEX:
https://twitter.com/fintechf/status/1102948443650224129

[DashingCrypto]

BANKEX is on Twitter! Give them a follow!

[Boqueron]

See MediaToken's fresh new look!

[Odeoke]

When I was serving my twister I found this from bankex twitter page: Bankex have been nominated by FIBC x their 2019 startup contest. All of details here: https://fibc.info/2019-bankex-sto-framework/
I hope this news would help to increase the price ob Bankex coin.

Bankex is under the radar project at the moment this token is sitting on very low price which is cheapest. This project will turn into giant this platform is offering something amazing so it will change the whole ecosystem.

[Boqueron]

Agreed, Odeoke   How many blockchain organizations have a product line like this?

BANKEX Smart Justice (http://sj.bankex.com/) - is a pioneering online dispute resolution service!

BANKEX Scan (http://scan.bankex.com/) - Scan everything!

Crypto Custody Service (http://custody.bankex.com/) -  is a safe that stores and safeguards your cryptocurrencies!

Plasma (http://plasma.bankex.com/) - will help solve the problems with price and speed!

GainX (http://gainx.co/) - set bounties, find and notify bounty hunters, automatically verify submissions and pay the winners — all within a single interface!

Then there's MovieCoin, WaterCoin, and more organizations that are powered by BANKEX!

[HODLtheLINE]

From www.bankex.com:

The Security Token Asset Class Manifesto
by Igor Khmel • CEO, Founder, BANKEX

1. Blockchain of Choice
Security tokens should choose massively popular blockchains. Thus the main thing about blockchain is its rate of adoption. Not its scalability, speed and consensus. It's easier to fix technical problems of an existing blockchain, than launch a new one.

2. Regulation Does Not Add Economic Value
Regulation is necessary but not a guarantee of security token success. Regulation does not create new qualities of a digital asset. It's importance is overvalued.

3. Fractional Ownership
Fractional ownership is necessary but not a guarantee of a security token success either. Fractional ownership adds secondary market liquidity for existing assets, but does not create new qualities of digital assets.

4. Decentralized Ownership
Ownership registration on blockchain cuts costs of changing ownership registration. It enables multi-origination, decreases barriers for securitization, and improves liquidity on secondary market for existing assets. It does not create new qualities for digital assets.

5. Continuous Securitization
Decentralized ownership decreases minimum sizes of portfolios required to access capital markets. It enables the process we call “Continuous Securitization.” Continuous securitization is the key process for lowering barriers to capital markets for traditional security assets.

6. Instant Audit
Instant audit, asset tracking and scoring create new digital asset qualities. It's important for securitization of assets that are rare or do not have access to securitization, such as movies or objects of art. It creates new qualities for digital assets.

7. Tokens = Securities
   7.1. Security tokens are a digital representation of traditional capital market financial instruments: equities, security bonds, commodities and commodity futures. They do not require new regulation because it already exists.
   7.2. Security tokens will be traded as tokens on token exchanges and as securities or commodities on traditional securities or commodites exchanges.
   7.3. Utility and currency tokens continue to exist, in a parallel universe with security tokens. The two are different by nature.
   7.4. Security Token Offerings will provide an alternative to IPOs.

8. Security Token Asset Classes
Crowdfunding doesn’t work, institutional capital markets do work: group tokens into “Security Token Asset Classes”. This is the process behind Token Asset Class creation:
   8.1. Standard of industry transaction settlements and contracts for money flow are the basis of “Security Token Asset Class.” It enables asset pooling to portfolios.
   8.2. Pooling enables diversification. Diversification decreases risks for investors. Tokenization eliminates borders and grants global access to investors.
   8.3. Instant digital audit of money flows creates transparency of portfolios. Decentralized ownership enables pooling of portfolios from multiple stakeholders. Continuous securitization of portfolios enables granular refinancing and capital markets access -- eliminating the need for all intermediates, such as banks, placement agents, etc. It decreases the cost of capital for asset holders and unlocks liquidity.
   8.4. Blockchain is not controlled by one organization. Neither should Token Asset Class be controlled and dominated by one issuer. Ownership, audit and operations should be decentralized in the same way as during securitization of traditional assets.
   8.5. Stable coins are backed by commodities or fiat. They are important for avoiding currency volatility and for safety of movement of funds through blockchain. The latter is a prerequisite for institutional capital getting involved with security tokens.

9. Capital Markets Will Double In Size
Security tokens will enable new “Security Token Asset Classes” issues and trading on capital markets that will generate volume comparable in size with the current $200 trillion in traditional securities traded annually on capital markets worldwide.

10. For Greater Good
The newborn Token Asset Classes will improve access to capital for people who create new things, qualities and meanings. This will decrease the role of financial and legal intermediates. This time all of mankind -- not just the 1 percent -- will be eligible to get a share of these financial benefits.

[chickaboom]

 Happy Women's Day to all of the strong crypto women fighting every day 🌹, including your significant others, sisters, mothers, everyone close to you! 🙌

[DashingCrypto]

Learn more about the project here!

[Ohgreatanotherone]

I'm hearing a lot of talks about the project running out of funds - actually, the way I heard it was it's running on fumes now - and you're currently looking for private investors to inject life back into it. Seen a few emails too that seems to support these rumors. Is it true?

[TheRedCanary]

I'm hearing a lot of talks about the project running out of funds - actually, the way I heard it was it's running on fumes now - and you're currently looking for private investors to inject life back into it. Seen a few emails too that seems to support these rumors. Is it true?

No not at all actually, the team is active, and many things are in the works:
https://www.forbes.com/sites/kenrapoza/2019/01/17/ex-soviet-state-uzbekistan-considers-new-crypto-move/#6ffe270722ff

[Xandan]

How much development and progress we can see in this project, can't anywhere else in this space. We shouldn't watch strictly development by price's point of view but that is important element of the market. In current bullish atmosphere when every single market is moving BKX is looking calm. It might be calm before storm situation. That is big news to see Bankex STO framework to win award.