Bankllect is a decentralized peer-to-peer bank network. Its main task is to create an unique and new generation bank ecosystem where each its participant will have a possibility to choose a needed bank service and earn on it. At the heart of BANKllect network is a participant. The participant is an individual or company with or without initial financial capital (fiat money, coins, tokens). SLCL doesn’t have such notion as client credit history. For example, as soon as borrower pays off his credit debt he will be clear for any other credits. SLCL let any user to be as a lender as a borrower. Amount of money which BANKllect user has in his wallet doesn’t make sense.
Bankllect own technology «Proof of Participation (PoP)» allows the participants to earn money by a level of its activity in BANKllect network. Mining process is as simple as choosing one of the bank services and earn on it. The name of BANKllect ‘s token is «Sphere» (SPH). The name of the token was not accidentally chosen. BANKllect is going to function inside Decentralized Intellectual Advanced Network (DIAN), «IntellSphere» (Intellectual Sphere)”. BANKllect’s team developed two insurance program, «Program of individual insurance (PII)» and «Program of collective insurance (PCI)». PII doesn’t require any initial payment or monthly fee from its clients.
Bankllect Key Information
|ICO start||25th Sep 2017|
|ICO end||10th Oct 2017|
|Tokens for sale||1,000,000,000,000|
|Soft cap||5,000,000 USD|
|Price in ICO||1 SPH = 0.01 USD|
|Whitepaper||Click Here For View Whitepaper|
|Website||Click Here For Visit ICO Homepage|
The Game Change Team Behind Collegecoin
Micro Loan System
MLS is specifically designed for participants of Bankllect network who, first, would like to earn some money using their own fiat or cryptocurrency, second, would like to get some money for own needs. This, like many other products, uses a new economy-based electronic currency, “Sphere”. Sphere» is an electronic currency that directly tied to a business activity of participants of BANKllect network. The development of «Sphere» was initiated by absence of any economical constituents of currently presented electronic currencies.
Sphere Exchange System
SES will let do exchange from Spheres (earned hours) for any fiat currency (US dollars, Euros, Yen, etc.). The exchange is specially designed for participants of Bankllect network who earn their money (Spheres) through the execution of a business contract. As an extremely ambitious project, they would like to give an opportunity for business and technical professionals to realize their ambitious goals with. If you are passionate about blockchain-based technologies as they are and want to be a part of his talented team.
Worldwide Bank Network
Its main task is to create a unique and new generation bank ecosystem where each its participant will have the possibility to choose a needed bank service and earn on it. At the heart of BANKllect network is a participant. The participant is an individual or company with or without initial financial capital. Bankllect own technology «Proof of Participation (PoP)» allows the participants to earn money by a degree of its activity in BANKllect network.
Deposit and Checking Accounts
Opening and storing cryptocurrencies are realized by «Program of intellectual account (PIA)». In contrast to traditional deposit of traditional bank «program of intellectual account» presents a series of advantages. Among those advantages are, first, no need for a bulk of documents, second, dynamic interest that increases with deposit cryptocurrency regardless of deposit time term. Bankllect will revolutionized global traditional bank system through a innovative client-oriented credit system, «System of loyal crypto lending (SLCL)».
It has many significant differences from traditional credit system. Bankllect presents a full package of bank services of any type for as individual as business. At the heart of BANKllect lies a revolutionary technology «Smart Transactions» inspired by Bitcoin’s transaction architecture. «Smart Transactions», first, eliminates many problems of Bitcoin transactions, second, introduces a lot of new functionalities for smart analysis.