BANKEX Proof-of-Asset Protocol
BANKEX is an organization uniting members of the financial markets in order to build a community and implement the Proof-of-Asset Protocol for community members to innovate and profit from mutual use of assets.
The product of BANKEX is the Proof-of-Asset Protocol, which solves the issue of asset liquidity. Proof-of-Asset means the token released as part of the protocol is backed by an asset(s).
The know-how of BANKEX is the Proof-of-Asset Protocol, which is in essence a combination of BaaS (Bank-as-a-Service) and Blockchain technologies. We take a client asset, primarily in the financial markets, we tokenize it, then, without waiting for the portfolio to accumulate critical mass, we turn this asset into money for the bank. This is made possible by pooling similar assets, for instance, from one hundred banks and creating a marketplace; on the one side we have banks in need of liquidity, and on the other – investors, needing predictable and transparent cash flows.
Everything is clearly and clearly described. The product should be produced with a high need from the outside.
