At the head of the operation will be Mark Hipperson, Barclays group technology manager for over a decade, and the project involves the creation of a new bank, active in the English market, which will allow users to manage both cryptocurrencies and fiat currency through their account; it will be called Ziglu and will allow users to open their accounts and manage them completely free of charge.

The platform will also offer exchange services and users will be able to exchange foreign FIAT currencies at interbank rates, while cryptocurrency exchanges will be available at the best price offered by the market; users will also be able to attach a mastercard to their accounts which will allow them to conveniently spend whatever currency they have in their wallets, including cryptocurrencies, with an instant conversion dynamic.

Hipperson's intentions are to expand Ziglu's business globally, however initially the bank will only operate in the UK; this is obviously not the first service of its kind that is launched, but this news still allows us to define which direction the banks will inevitably have to take if they want to survive the shock wave generated by the spread of fintech technology.

While elsewhere, banks are preparing to relieve the costs of monetary policy on account holders, therefore, the global scenario seems to be moving clearly towards the free provision of banking services; not only will the accounts have to be free, but the banks will also have to offer customers the possibility of holding multiple currencies on the same account, both cryptographic and fiat, so as to allow even small savers to protect themselves from damages that, potentially, a policy monetary irrational could generate.

While rumors of an imminent sovereign debt crisis and new countries are becoming more insistent, they have to manage the risk represented by an inflation that risks, precisely because of the unorthodox monetary maneuvers (so to speak) wanted by the big banks central (USA, EU, but also China and Russia), the ability to diversify their savings in multiple currencies without having to open dozens of different accounts is what could allow banks not to fall under the blows from the spread of cryptocurrencies at the level global.