Post
Topic
Board Altcoin Discussion
Are cryptobanks the financial model of the future?
by
CyberMiles
on 12/12/2018, 17:18:31 UTC
2019 is less than a month away. For many in the crypto space, this year may as well be sooner done. But it hasn't been all that bad if we look at the technical part of the industry. Crypto banking is one of the winners with a growing momentum seen so far in this last quarter. Taking a few highlights as cases in point, we had Noomi Wallet launch. It is said it is set to "elevate crypto banking in Blockchain 3.0 era" by building a Virtual Financial Assets (VFA) solutions for the blockchain ecosystem. Europe's first complete crypto nanking solution is coming with a complete Banking as a Service (BaaS) solution on the EOS Blockchain. And as recently as Nov. 22, SEBA Crypto AG (founded by former UBS Bank managers) announced a partnership to build Tempest 'Level A' cold storage for cryptocurrencies, barely a month after raising mega-round funding to build a bank offering crypto services.

https://coincodex.com/article/2705/are-cryptobanks-the-financial-model-of-the-future