BANKEX: Tokenization based on secure blockchain

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Igor Khmel

Igor Khmel

Financial industries, from giants to small and medium-sized enterprises, are rapidly adopting blockchain technology. Furthermore, the blockchain is often seen by many in the traditional banking sector as an adversary. Although there is a breakthrough in finance for innovation, however, most companies are not willing to experiment and implement new technologies. BANKEX was developed, a US-based project to break this bottleneck. The company relies on providing IT solutions that not only mitigate the challenges of conventional financial projections, but also enhance the customer experience.

We combine the gap between traditional banking and financial solutions with unique and flexible products and services for capital markets, investments, microfinance and futures markets

BANKEX has attracted a diversified clientele that has greatly benefited from the implementation of company solutions. In the recent deployment, the company distributed MediaToken for Instagram influencers. MediaToken allows channel buyers to raise funding through unique revenue sharing agreements developed on the blockchain, a technology that allows partners to generate smart contracts in exchange for a share of advertising revenue. BANKEX has a rapidly growing international team that is keeping a step ahead in the competition. BANKEX believes that human beings are social beings who want to trust and be trusted by others as part of life. Humans can not be completely rejected just by believing that technology is completely. "We are bridging the gap between traditional banking and financial solutions with unique and flexible products and services for capital markets, investments, microfinance and futures markets," says Igor Khmel, founder of BANKEX.

BANKEX has recently launched the BANKEX Token Exchange, which allows the exchange of complex security tokens linked to real assets with Maltese legislation. The 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 encryption in the BANKEX storage service, which is a secure deposit for the cold store. BANKEX has launched the first comprehensive STO framework that offers services that cover the entire life cycle of the security token. These are digitized through the BANKEX Digital Deal to meet KYC and Anti-Money Laundering (AML) requirements within the limits of issuance, secondary market and mastering. However, the first important step of BANKEX is to obtain a license to list security tokens in full compliance with the legislation of Malta.

BANKEX is a Bank-as-a-Service on blockchain that builds the Proof-of-asset protocol. The "Proof-of-asset-Protocol" is just a terminology developed for the concept that facilitates digitization, tokenization and the exchange of traditional resources. In a broad sense, Proof-of-asset-Protocol integrates Bank-as-a-Service (BaaS) with blockchain technologies. The Proof-of-Asset protocol can be implicit in any activity that can benefit from increased liquidity and tokenization based on secure blockchain.

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