Bankera is a digital bank that is built for the blockchain era using technology to reduce the number of counterparties, thus lowering the cost of banking for the end consumer.
Digitization is rewriting the rules of how banks compete. It is a means of fostering innovation across products and business models. Examples of this include social marketing crowdsourced support, as well as ‘digitally centered’ business models.
Consumers around the world are quickly adopting digital banking; which includes rapid innovation in payments and the broader transformation in systems enabled by technologies.
Bankera is focused on building a bank for the blockchain era, which eventually will become a one-stop store for all financial services, in the same way, traditional bricks and mortar banks are now.
Bankera offers proper banking solutions, such as IBAN accounts, payment cards and payment processing; not only for cryptocurrencies but fiat as well. After Bankera’s ICO, which is currently in progress, Bankera will obtain a banking license which will allow it to offer loans and deposits services. It will also offer innovative solutions such as taking cryptoassets as collateral for loans.
Blockchains promise to be one of the most transformative technologies emerging today. It increases a bank’s connectivity – not just with customers but also with employees and suppliers. This significantly extends from online interactivity and payment solutions to mobile functionality and opportunities to boost bank brands in social media.
Blockchain technology creates value by also enabling straight-through processing – that is, automating and digitizing a number of repetitive, low-value, and low-risk processes.
Bankera’s founding team owns and operates a successful cryptocurrency exchange, e-wallet, debit card provider and payment processor. This product is operated under the brand name Spectrocoin, which was built with the intention of providing access for customers to a range of cryptocurrencies. By leveraging exisiting technology, SpectroCoin introduced Bankera as its operational fork.
SpectroCoin will remain a leader in providing wallet and exchange services for cryptocurrencies and Bankera will be a new product focused on efficient payment and banking solutions.