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MyCryptoBank

Online Bank

MyCryptoBank — is an online bank allowing any client registered in the electronic bank system to make a full range of bank operations, additional operations with cryptocurrency (payment processing, debit cards, credits and cheap investment products, use of  cryptoassets as credit security and many others) based on Blockchain technology without visit of department. So, MyCryptoBank provides services of client’s remote access to accounts, products and bank services in order to make banking operations. MyCryptoBank offers its clients a multifunctional platform of banking service, which represents a hybrid system combining digital and traditional currencies. The use of digital currencies makes operations faster and cheaper, while traditional currencies guarantee practically all-round acceptance and validity. One account combination allows clients simultaneously using advantages of both types of currencies.

4.3
11 10 expert ratings
Benchy 4.6
KYC
Experts
4.5
3.9
4.1
View rating distribution
~$3,000,000
value of tokens sold in ICO
Ended
Token
MCB
Type
Price in ICO
0.3800 USD
Country
Whitelist/KYC
KYC
Restricted areas
USA
preICO start
16th Jul 2018
preICO end
16th Aug 2018
ICO start
11th Sep 2018
ICO end
31st Jan 2019
Visit ICO website
Report

About MyCryptoBank

Every third person in the world practicing digital activity is a constant user of FinTech-services now. So, FinTech as the future of finances does not look like any speculative scenario any more. Recent data demonstrates double-digit growth of technology adoption in the last 18 months. Countries and industries leading in 2015 only increase its share. The sphere of money transfer and payments is most actively developed. According to FinTech Adoption Index 2017 study, out of 22 000 people interviewed in 20 countries 50% use services for making payments and transfers and 65% are going to do it in the future.

The globalization of our planet leads to globalization of relations among its whole population. Today, the demand for digital money is very high. «Internet digital currency» is safe, based on the internet, accessible currency, assisting all people without bank accounts in getting access to funds and also allows making fast and cheap transfers of funds without any geographic limitations. Smartphone popularity in developed countries and speed of its expansion in developing countries permit such companies as MyCryptoBank to offer services of full platform of banking. We can use it having only a smartphone and debit card.

The popularity of digital banking in the world does not slow down. Comfort, speed and safety — are not only additional advantages for users, they are standard requirements in modern relations “client-bank”.

One of the directions determining the future of bank business, is banking based on blockchain technologies. This technology is much faster, more efficient and less fallible, than traditional automatic clearing house (ACH). Blockchain can save time and money for banks and make payments practically momentary for users. However, the decentralized nature of blockchain significantly troubles the performance of any fraudulent and criminal operations.

Smart-contracts are one of the most interesting elements of blockchain banking. These Smart-contracts allow users changing money, shares and other assets in safe and non-conflict way. Like a traditional contract, smart-contract defines rules of agreement and penalties for its performance. However, the most important thing is that this smart-contract automatically fulfills the compliance with obligations.

For example, we already have the following solutions:

  • We have developed our own crypto terminals (ATM crypto) that allow you to buy crypto-currencies for cash.
  • We have created crypto-exchange.
  • We have a forex trading terminal and have a contract with a liquidity provider.
  • We received 2 licenses for working with crypto-currencies + Lei
  • We met in the Philippines with the head of the special economic zone and the license for work with the crypto currency.
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ICO KYC Report
2 members invited
Yuriy Bolshukhin
Passed
Nikolay Panchenko
Passed
KYC procedure verifies selected/specific team members only. It does not guarantee ICO success nor is a call for investment.
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