Jinwoo RohICO team member replied on 26 Mar 2018
Hello Adnan, All the relevant information is requested for updates.
"Banking ecosystem is getting crowded while the vision is to provide services for multiple financial verticals."
Yes, there are many services related to banking, but practically it is not easy to use.
1. Fragmented services, in other words, the services are all standalone, which means that compared to the conventional banks, users have to use multiple wallets and multiple companies' services to achieve what they want.
2. Unprotected services
The services may have a secure system, but the steps involved in the overall user habit are vulnerable. Exchange wallets for example, is a typical risk as we can see in the recent Binance incident.
ABLE Bank solves many more problems, by providing ABLE accounts and DEX based finance products. We have a total solution for the finance ecosystem, which differentiates from other services.
"Banking ecosystem is getting crowded while the vision is to provide services for multiple financial verticals."
Yes, there are many services related to banking, but practically it is not easy to use.
1. Fragmented services, in other words, the services are all standalone, which means that compared to the conventional banks, users have to use multiple wallets and multiple companies' services to achieve what they want.
2. Unprotected services
The services may have a secure system, but the steps involved in the overall user habit are vulnerable. Exchange wallets for example, is a typical risk as we can see in the recent Binance incident.
ABLE Bank solves many more problems, by providing ABLE accounts and DEX based finance products. We have a total solution for the finance ecosystem, which differentiates from other services.
