Wow, that sounds very attractive. And I will definitely explore more about them. And is the platform already ready?
It is planned to be launched in September. And I am also waiting to have a look at the app, when it is ready
Topic: Do you think opening a real bank account could be much easier using blockchain? - page 2. (Read 1132 times)
September 01, 2019, 12:08:31 PM
It is planned to be launched in September. And I am also waiting to have a look at the app, when it is ready
September 01, 2019, 12:07:28 PM
Yes, of course. Payment Porte is a fintech startup that is building the new wave of digital payment solutions, utilizing a decentralized, public blockchain, and distributed ledger technology. Faster, less expensive, and brighter technology, will allow individuals and businesses to modernize, whilst taking advantage of enhanced efficiency, and profitability
Wow, that sounds very attractive. And I will definitely explore more about them. And is the platform already ready?
September 01, 2019, 12:05:27 PM
Porte? Sounds very familiar. Can you please elaborate in more details on what they are offering?
Yes, of course. Payment Porte is a fintech startup that is building the new wave of digital payment solutions, utilizing a decentralized, public blockchain, and distributed ledger technology. Faster, less expensive, and brighter technology, will allow individuals and businesses to modernize, whilst taking advantage of enhanced efficiency, and profitability
September 01, 2019, 12:03:55 PM
Well, I am only aware of Payment Porte - true fintech startup of today. Have you heard of them? Because the guys are having extremely high rating and are widely discussed these days. And they are about entirely new opportunities on the market
Porte? Sounds very familiar. Can you please elaborate in more details on what they are offering?
September 01, 2019, 12:02:46 PM
This is true. And are there many solutions you follow based on Stellar? Any you can recommend?
Well, I am only aware of Payment Porte - true fintech startup of today. Have you heard of them? Because the guys are having extremely high rating and are widely discussed these days. And they are about entirely new opportunities on the market
September 01, 2019, 12:00:12 PM
Stellar? You know, I am now hearing more and more about Stellar. It seems that the guys are offering great opportunities for platforms
This is true. And are there many solutions you follow based on Stellar? Any you can recommend?
September 01, 2019, 11:58:06 AM
This is indeed a good question. But from my point of view, much basically depends on concrete solutions. These days I see many platforms being built on ETH, however I am also fond of Stellar blockchain
Stellar? You know, I am now hearing more and more about Stellar. It seems that the guys are offering great opportunities for platforms
September 01, 2019, 11:55:34 AM
From my point of view, blockchain now plays a huge role in all the industries, giving many benefits like higher transparency and reliability. But I wonder - what types of blockchain do you guys follow the most these days? What do you consider being leading ones?
This is indeed a good question. But from my point of view, much basically depends on concrete solutions. These days I see many platforms being built on ETH, however I am also fond of Stellar blockchain
September 01, 2019, 11:54:41 AM
From my point of view, blockchain now plays a huge role in all the industries, giving many benefits like higher transparency and reliability. But I wonder - what types of blockchain do you guys follow the most these days? What do you consider being leading ones?
September 01, 2019, 09:16:05 AM
Blockchain KYC for banks is a good idea but I doubt if governments will like that. They will definitely make alot of adjustments to such blockchain to make things easy for them to control.
I would love a blockchain KYC system that is very transparent, community-driven, private, voluntary,
I would love a blockchain KYC system that is very transparent, community-driven, private, voluntary,
August 29, 2019, 11:43:28 PM
This will really make the complete process of opening back account faster and easier.
Though, we have to see how the banks will use it. At the moment most kyc records are in centralized manner, introduction with blockchchain technology will definitely change it.
Though, we have to see how the banks will use it. At the moment most kyc records are in centralized manner, introduction with blockchchain technology will definitely change it.
August 29, 2019, 11:39:44 PM
I think there's much research to do on this and how they will implement it in a secured way because it's a very complicated process for people who doesn't have any idea on how the block chain works. However if a successful implementation can be done then opening a bank account using block chain can be much easier and faster.
August 29, 2019, 11:30:19 PM
In my opinion, blockchain technology would be making a tremendous improvement on our financial system and practices. The issue of confirmation of funds received Could be easier and more genuine. Transfer of funds could be done with the speed of light. In summary, blockchain technology would bring greater efficiency to the banking sector.
But we can't deny that there's still no clear path when it comes to blockchain and banking fully merging. There are many factors to consider and any startup who tries to solve this won't get it the easy way. Still hoping that eventually, they'd be more open to the possibilities of what blockchain could offer.
August 29, 2019, 05:32:20 AM
It is annoying you spend around 2-3 hours to open a bank account in my country, you need to verify your identity, proof of address, proof of income, TAX reports. While creating a Bitcoin wallet takes only few seconds.
August 29, 2019, 05:10:02 AM
In my opinion, blockchain technology would be making a tremendous improvement on our financial system and practices. The issue of confirmation of funds received Could be easier and more genuine. Transfer of funds could be done with the speed of light. In summary, blockchain technology would bring greater efficiency to the banking sector.
August 29, 2019, 03:43:56 AM
I think eventually banks will themselves be using blockchain in all their services and use cases from account opening to payment transfers to global remittances all these can be made efficient, transparent and cheap using blockchain technology so banks no matter how much they are trying to avoid it will still implement blockchain soon amd we will see.
Yeah, eventually everything would be seamless. I'm glad that SelfKey tries to tackle these kind of issues though, one step at a time.
August 28, 2019, 03:39:41 AM
I think eventually banks will themselves be using blockchain in all their services and use cases from account opening to payment transfers to global remittances all these can be made efficient, transparent and cheap using blockchain technology so banks no matter how much they are trying to avoid it will still implement blockchain soon amd we will see.
August 28, 2019, 12:56:19 AM
So, it makes some strange things.
You may deposit usdt from your bank account or something. Your information will be confirmed by the banks too
But, where's my anonymous thing? i mean, we always feel worried about personal life, blockchain can helps us. Not the bank where your account will be checked many times by govement.
You may deposit usdt from your bank account or something. Your information will be confirmed by the banks too
But, where's my anonymous thing? i mean, we always feel worried about personal life, blockchain can helps us. Not the bank where your account will be checked many times by govement.
Basically, instead of relying on systems with centralized databases, SelfKey enforces that we individual have sole control for our data since it's just locally stored on your local storage. That would mean your data would be safe incase those 3rd party's servers are hacked. Problem is you'd need to be knowledgeable as well on how to safeguard your own data.
August 27, 2019, 12:55:30 AM
This is my first time to hear that and just curious about how that bank account marketplace works? selfkey is not even cooperating with an institution of bank and how it can call to build the bank account marketplace?
I thought that if that can be an illegal marketplace. Basically, you just need a few minutes to open a new bank account and that doesn't need a lot of time but the mechanism that has been introced by selfkey looks very complicated for me.
I just wanna know how about the legal view for that bank account marketplace that will be made by selfkey.
I thought that if that can be an illegal marketplace. Basically, you just need a few minutes to open a new bank account and that doesn't need a lot of time but the mechanism that has been introced by selfkey looks very complicated for me.
I just wanna know how about the legal view for that bank account marketplace that will be made by selfkey.
Yes, it's probably the first time that you can actually open a real bank account from a cryptocurrency wallet. They have actually added banks from Singapore and Hongkong already but all of these still require personal visits but pretty soon, they said they'll be adding more banks that won't be needing personal visits though. And everything would be legal as they are still in compliance with KYC.
August 26, 2019, 05:44:42 PM
This is my first time to hear that and just curious about how that bank account marketplace works? selfkey is not even cooperating with an institution of bank and how it can call to build the bank account marketplace?
I thought that if that can be an illegal marketplace. Basically, you just need a few minutes to open a new bank account and that doesn't need a lot of time but the mechanism that has been introced by selfkey looks very complicated for me.
I just wanna know how about the legal view for that bank account marketplace that will be made by selfkey.
I thought that if that can be an illegal marketplace. Basically, you just need a few minutes to open a new bank account and that doesn't need a lot of time but the mechanism that has been introced by selfkey looks very complicated for me.
I just wanna know how about the legal view for that bank account marketplace that will be made by selfkey.
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