In short, the point is that the bank will provide operations in the framework of our ecosystem with fiat, and the payment system will provide operations with cryptocurrencies. So far, these two worlds are separate and come into contact only on crypto exchanges.
Can you tell me in detail. I'm in no hurry.)
Oк) In relating the details - the bank will provide a number of unique services, which are not directly related to payment systems. For example, resale of liquidity, deposit storage of fiat and cryptocurrency on cold wallets. The banks basic role is to support all the Azbit ecosystem services and thereby reduce internal operating expenses and increase profit. Banks services:
-Payments and accounts in a variety of national currencies
-Crypto-fiat exchange, and vice versa.
-Deposit accounts
-Segregated accounts
-Brokerage
-Payment cards
-Credit cards (in case of obtaining Visa/Mastercard Principal Member status)
Our payment system will provide support and processing for all online and cryptocurrency payments. At the same time, the bank will carry out interbank transfers in the fiat currencies. That is, the functions of the payment system will include:
-Online exchange between users
-Online payments
-Built-in currency conversion
-Instant Exchange
-Fiat currency exchange
-P2P debt platform
-Cryptocurrency portfolio-backed P2P lending