Bankera banking for the blockchain era
Banking for the blockchain era

Bankera banking for the blockchain era

By Eizicoin | Eizicoin | 14 Jun 2020


What Is Bankera (BNK)?

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Bankera is a crypto startup which aims to revolutionize banking by bringing traditional finance and cryptocurrencies under one roof. In the future, Bankera wants to be a one-stop shop for all kinds of financial services and should evolve into a secure, legal, and trustworthy blockchain-based bank.
Besides, Bankera is an operational fork of SpectroCoin.com (not to be confused with Spectrecoin (XSPEC)), a cryptocurrency exchange operating since 2013. Bankera is a necessary extension of SpectroCoin. Both projects share management team members, expertise, IT and regulatory infrastructure, and the client base. The only difference between the two is SpectroCoin remains focused on the crypto wallet and exchange services, while Bankera is oriented towards payment and banking solutions.

EXECUTIVE SUMMARY
The potential impact of technological development in finance is one of the hottest topics today. Many start-ups are trying to revolutionize financial services. However, they mostly focus on a niche and cannot take advantage of economies of scale, which is one of the main advantages enjoyed by traditional banks that may not be as technologically advanced. Bankera plans to achieve the scale to offer traditional and emerging banking products in a technology driven Blockchain era environment, eventually becoming the one-stop shop for all banking requirements.
Bankera is already achieving significant progress as a FinTech company, and plans to have significant infrastructure in place prior to the initial coin offering (ICO). Already, Bankera has the necessary regulatory and IT arrangements to offer individual international bank account numbers (IBAN) which can accept and make payments in the Single Euro Payments Area (SEPA).
Bankera is in position to offer competitive foreign currency exchange rates, quick and cost effective international bank wires as well as having the “Bankera Payment Card” linked to cardholder’s payment account.
Bankera is building a digital bank to last, therefore, the focus will be on the scale, elimination of counter-parties and offering core banking services such as savings and loans accounts. To achieve these goals, Bankera will apply for additional banking licenses in key jurisdictions to be able to operate in a spectrum of different fiat currencies and facilitate cross-border transactions without the need for counter-parties. Bankera also plans to be a member of key financial networks, such as achieving issuer and acquirer status with major payment card schemes as well as becoming a participant in payment networks such as SEPA in EU, Faster Payments in the United Kingdom and EFT in Canada.

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Bankers (BNK) will be issued in exchange for a number of cryptocurrencies based on the smart contract.
Token holders will be able to use Bankers (BNK) to pay for services and products of Bankera at a discounted rate. Also they will be allocated a commission of 20% of net transaction fees paid by Bankera and SpectroCoin.com customers on a weekly basis.
Net transaction revenue represents the difference between transaction fees paid by customers less direct costs associated with the transaction. For example, if Bankera’s client’s exchange 100M EUR to foreign currencies in a week with an average fee of 0.25% and Bankera faces an average fee of 0.1% the average net transaction revenue will be 0.15%, hence token holders will be allocated 30,000 EUR as a commission from foreign currency exchange net fees during that week.
Allocated commissions will be distributed via smart contract to holders of Banker (BNK) tokens.

Where To Buy Banker (BNK)?

BNK is available on the following exchanges:
Bankera exchange

https://exchange.bankera.com?referralId=zvgxq6br

https://spectrocoin.com/en/signup?referralId=2122280058

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Eizicoin
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