CryptoBank

CryptoBank with a difference

 global payments decentralized 

based on blockchain technology 

CRYPTOBANK:

One of the underlying reasons banks and the financial industry may not want to buy into the idea of Blockchain technology is that; there is no place for corruption in the Blockchain community. Regardless of this fact, it will be a good idea for the crypto community to have a bank that not only used for crypto coins and tokens but such that will unify several fiat currencies incorporated into the crypto-world.

What purpose will CryptoBank serve for the financial industry and the crypto community?

• First, CryptoBank as the name implies is a decentralized Blockchain payment platform with the goal of becoming a global payment system. In addition to other currencies, CryptoYuan, CryptoEuro, CryptoDollar and CryptoRuble have been integrated into the platform which will enhance transactions for users without the fear of lose due to instability as it is on many crypto based platforms presently. It is an altcoins that is built on Bitcoin open source which ensures secured and transparent transaction for users on the platform.

• The most exciting services offered by CryptoBank are the ability to link other currencies of different countries on a single platform in a way that neither the value of those national currencies nor the value of CryptoBank currencies is hampered. Meaning that 1 CBD = 1 USD, 1 CBE = 1 EUR etc.

• CryptoBank offers transparency, in that users can track transaction using Block explorer, check reserve and track the total sum of currencies in circulation on the CryptoBank platform.

• Transaction can be done immediately between parties without the need of an outsider or an intermediary.

• It also offers mobile payments in a very simple way for customers and even third parties in such that it will not be controlled by any law or government.

• Incorporation of smart contracts and many prospects that will help develop the methods of security option on CryptoBank platform

• Peer -2- peer loans program, a social network for borrowers and lenders

• Introduction of CBMT (CryptoBank Master Token) which will be listed on exchanges such as cbex.trade and cbex.co.in. This token is power to vote for users and also guarantees a share of the profit for holders.

• As a holder of CBMT, you are considered as a co-founder and expected to make profit from the businesses on the platform. You are also free to create an individual mining pool. In accordance to the number of CBMT owned by an individual, he can develop a master node to perform certain functions on the coins in the CBD, CBR, CBY and CBD Blockchain and as well give holders’ access to GitHub storehouse.

To enable holders to enjoy the maximum benefits of CBMT, there are some things to know:

1. Keep your CryptoBank coins in cold wallet

2. Avoid transferring your fund for at least a period of one month or more

3. Ensure you receive 1% of reward at the same Blockchain address

4. Save your private key very secured away from your CryptoBank wallet

When these steps are taken by users and holders, there is assurance of reward to be earned from CryptoBank deposit.

Tech Stack:

Outside the benefits, CryptoBank has 6 stages of stack and 5 different Blockchain pyramid that will serve distinctive purposes on the platform.

Stage 1

It consists of 5 different Blockchain algorithms: 4 fiat and 1 tech.

Stage 2

Decentralized administration consists of advisers, analysts, auditors, developer team and community that own CBMT. The main influence on the decision-making provided by the community owns 70% of the vote. At the same time, analysts, auditors and advisers accounts for 5% of the vote respectively.

While the team of developers makes up the remaining 15%.

Stage 3

Reserves include:

Stage 4

Online Voting System (Decision-making democratic platform).

Stage 5

Launches the official service CBEX.co.in, which operates according to instructions, issued by voting on the 4 stage created on the 2 stage. The service acts for management for the uninterrupted release and support of the exchange of CryptoBank in the Blockchain network among private clients and companies that have made a deposit in a fiat equivalent.

Stage 6

It is a completely decentralized network that includes individuals and companies, where everyone may choose any convenient method of managing their own account and participate in a free, decentralized market, managing own funds without the involvement and interference of third parties.

Roadmap: Past and present:

CryptoBank has been around since 2012 and had succeeded in its plans as follows.

2012

• Bitcoin source code research

• Developing own mining algorithm

• Development of Blockexplorer

• And development of Web wallet

In conclusion. CryptoBank offers flexibility in a secured method. It is open for individuals as well as business owners and so is the reward for all holders of the CBMT coins from as little as 30 units of the coins upward.

Join the platform and become a co-founder and also enjoy the numerous benefits by mere purchasing of the token according to your capacity.

For more information refer to the whitepaper on: https://cryptobank.co/papers/cryptobank_whitepaper.pdf

by ;   Kopisusu4000

link: https://bitcointalk.org/index.php?action=profile;u=1953415