Read more about ICO GlobelBit: review, rating, road map, overview
Returns since ICO
2018-02-20 - 2018-05-05
ICO Token Price
Incorporated company's country
The potential impact of technological development in finance is one of the hottest topics today. Many start-ups are trying to revolutionize financial services. However, they mostly focus on a niche and cannot take advantage of economies of scale, which is one of the main advantages enjoyed by traditional banks that may not be as technologically advanced. GlobelBank plans to achieve the scale to offer traditional and emerging banking products in a technology driven Blockchain environment, eventually becoming the one-stop shop for all banking requirements. GlobelBank is already achieving significant progress as a FinTech company, and plans to have significant infrastructure in place prior to the initial coin offering (ICO). Already, GlobelBank has the necessary regulatory and IT arrangements to offer individual international bank account numbers (IBAN) which can accept and make payments in the Single Euro Payments Area (SEPA). & UK, USA Bank Account. GlobelBank is in position to offer competitive foreign currency exchange rates, quick and cost effective international bank wires as well as having the “GlobelBank Payment Card” which known now by the name of PayGlobel Card linked to cardholder’s payment account. GlobelBank is building a commercial bank to last, therefore, the focus will be on the scale, elimination of counterparties and offering core banking services such as savings, loans, investments and business accounts. To achieve these goals, GlobelBank has already got the license and currently operating on initial level in PayGlobel, the most unique thing on GlobelBank is all the money in bank have a growth power up to 0.50% every 24hrs, the growth calculated on behalf of bank earnings as we believe every bank in this world can grow the money up to 1% every day and almost all of banks have advantage of this just they don’t share this revenue with account holders as we are not like them, we will provide up to 0.50% profit on the funds which are in holder account and we make it also term free means there will be no any terms and restrictions to withdraw funds anytime. GlobelBank also plans to be a member of key financial networks, such as achieving issuer and acquirer status with major payment card schemes as well as becoming a participant in payment networks such as SEPA in EU, Faster Payments in the United Kingdom and ETF in Canada. In addition to traditional banking products, GlobelBank will be providing innovative solutions for both individual customers and businesses alike, in a low-cost banking environment. For example: • For businesses, GlobelBank will improve cash flow by extending finance for payment processing against future expected payments, based on historical cash flows and expected payments. • For individuals, GlobelBank will address the age-old problem of client’s savings not keeping up with inflation by creating an investment product linked to a basket of goods that automatically adjusts with inflation.