Blockchain is now mainstream and even JP Morgan’s Dimon has backtracked from his earlier backlash against cryptocurrencies. With more and more companies incorporating the blockchain technology in their platforms, a more effective way of functioning is evolving across the world. But one sector which desperately needs to be “Blockchained” is the Banking sector. The 2008-09 crisis laid bare the issues with the banking sector and even 10 years hence, we keep on stumbling upon new banking scandals. Another major issue is the trading bubble connected with crytpocurrencies. The inherent issue is that they are only being used for speculation. The bigger problem crypto entrepreneurs need to solve is what is the utility behind their tokens and what business problem are they actually solving with the token being issued? We at Entry.Money understand the market gap and are aiming to answer it with our proprietary platform.
Entry is a platform that uses blockchain to provide banking facilities such as easy deposits, merchant transactions, cross-border payments, lending services, ATM facility and a crypto-fiat exchange powered for both consumers and businesses. Its mission is to provide all financial services from a single window. This eliminates the need for multiple platforms and creates one central hub for a one-stop banking experience.