Cryptobank Idea

[LeGaulois]

The fractional reserve is exactly the problem with banks, so why to apply it with a crypto banks?.
For $1 deposited in a bank, the bank can create $9. Funds used to lend money and to earn an interest rate. But where the money comes from and how a bank can create $9 with 1$ deposited? Fake money! which doesn't exist, the bank just modify your account electronically, but physically the money doesn't exist
You can't apply a fractional reserve with a crypto bank, you can't create fake bitcoins.

This system using a FR is what makes the current banking system a giant Ponzi

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[xuv500]

Cryptobank idea is a nice one but as per the crypto concept it is against it, crypto currency is free from banks or any institutions but now a days there are so many ICO's coming in with a concept of bank but with crypto currency format. I'm not too sure how it will work or how it will lead the world in the crypto currency market. We need to wait and watch what is happening in future.

[trako]

Could it be a completely reliable bank.  I think that's possible. In the developing world, the idea of a bank that we can earn now without having to buy or sell constantly is very nice, now our account holders are protected, maybe we can get the interest of the coins.

[akikiro]

good idea!

[Gufeng]

This is exactly how banks act. Since it is easier today to replace everything with the machines or do things online they have no need in a lot of emplyees so they can save money on that and have more profit.

[act now]

It's a very interesting idea, but I'm afraid it's impossible to implement it in reality. There is no   a fully anonymous banking system, not even in Switzerland. Any Bank is obliged to disclose information about its customers at the request of the regulator.

[crypto_futurer]

I believe that banks should not be in the cryptocurrency industry, as this is not entirely correct. Cryptocurrency assets should be in the people themselves and should not be given to other people, as this will reveal their identity.

[Babyhouse]

Cryptobanks is a modern service for accessing different cryptocurrency exchange markets.Itl provide a comfortable, practical and profitable platform fueled by cryptocurrencies – suitable for both beginners and experienced traders.

[lifetimebitcoins]

Binance is coming up with the decentralized bank the main idea behind having a crypto bank this idea will be implemented in crypto bank concept

[Jr.]

A single crypto bank that would cater all crypto trader's need would be impossible that is why we have also different types of crypto banks to suit your need and avail banks that will fit your need, you don't have to check all banks and use them. Some also are not working to some areas so they need another bank to use.

[p3ppymon]

I would like to have a big, trusted ( or better trustless) entity able to provide financial services to the crypto community. It could become the first point of contact for many customers.
I don’t think it would be the “oppressor” as the conventional banks are. The point more appealing to me would be the interest return for customers, removing the ripping off interests paid by banks. Dividends will be fairer to all the investors with numbers publicly available. Loans will be issued much quicker and with honest interests.  Crystal clear smart contracts for transparency.
Obviously the risk of losing the funds from a cyber attack is high, but can counter fight and minimised with proper measurements.
Let’s see how long it takes before this will become a reality.

[bowals]

The air of uncertainty is too much to develop a banking institution for this era. Until all settles, and the laws become apparent will this become a reality

[Visteryy]

This is exactly how banks act. Since it is easier today to replace everything with the machines or do things online they have no need in a lot of emplyees so they can save money on that and have more profit.

Actually, it is similar to how banks operate.
It's easier today to replace everything by machines or do things online that they do not need many users so they can save money and make more money.
Accordingly, we find that it also operates smoothly and flexibly to make it look the same.
It is important, however, to depend on the community to accept them.

[escalante28]

I believe Mycryptobank.io will be the first to implement what you are looking for. MyCryptobank is travalling around the world to deal with country government. They also come here in our country and dealing with the government  secretary for planting a Cryptocurrency ATM.  They also got an international  partnership like IBM for their project. You can read their whitepaper for more information. Like I said they will be the first Cryptbank the will be planting a cryptocurrency  ATM all over the world.