BANKEX: Secured Blockchain-based Tokenization
Financial industries, from giants to small and medium-sized enterprises, are rapidly adopting blockchain technology. Moreover, blockchain is often seen by most in the traditional banking sector as an adversary. Though there is a breakthrough in finance for innovation, yet, most companies are unwilling to experiment and implement new technologies. BANKEX, a U.S.-based project to break this gridlock was developed. The company relies on providing IT solutions that not only mitigate the challenges of conventional financial projections but also enhance customer experience.
We bridge the gap between the traditional banking and finance solutions with unique as well as flexible products and services for capital markets, investment, micro-financing and futures markets
BANKEX has attracted a diverse clientele that has been immensely benefited by implementing the firms’ solutions. In the recent deployment, the firm has delivered MediaToken for Instagram influencers. MediaToken allows channel buyers to garner funding through unique revenue- sharing agreements developed on the blockchain, a technology that enables partners to generate smart contracts in exchange for a share of advertising revenue. BANKEX has a fast-growing international award-winning team which is keeping it one step ahead in the competition. BANKEX believes that humans are social beings that want to trust and be trusted by others as a part of living. Humans cannot be entirely rejected by just believing technology altogether. “We bridge the gap between the traditional banking and finance solutions with unique as well as flexible products and services for capital markets, investment, micro-financing and futures markets,” says Igor Khmel, Founder of BANKEX.
BANKEX has recently launched the BANKEX Token Exchange that enables to trade complex security tokens connected to real-world assets with Maltese legislation. BANKEX Token Exchange serves as a secondary market for security tokens. BANKEX Token Exchange supports ERC-888 security tokens that incorporate KYC verification methods. This platform stores crypto in BANKEX Custody Service which is a secured cold storage depository. BANKEX has launched the first complete STO framework that offers the services covering the entire lifecycle of the security token. These undergo digitization through BANKEX Digital Deal to meet KYC and Anti-Money Laundering (AML) requirements within the limits of issuance, secondary market trading, and burning. However, BANKEX's first major step is to obtain a license to list security tokens in full compliance with Malta's legislation.
BANKEX is a Bank-as-a-Service on blockchain that builds the Proof-of-asset-Protocol. The “Proof-of-asset-Protocol” is just fancy terminology for the concept that facilitates digitization, tokenization, and exchange of traditional assets. In the broader sense, Proof-of-asset-Protocol integrates Bank-as-a-Service (BaaS) with the blockchain technologies. Proof-of-asset-Protocol can be implied to any of the assets that can benefit through enhanced liquidity and secured blockchain-based tokenization.