Bringing Banking to Blockchain
Cryptov8 will be a UK domiciled and authorised bank using blockchain technology to bridge the gap between cryptobanking and traditional banking products and services. Our technology platforms and digital assets will improve adoption and usage of cryptocurrencies globally. The Cryptov8 project extends far beyond any existing ‘CryptoBanking’ services that exist today. Not only will we have a universal account and wallet, our project aims to streamline challenges that customers often face, which will ultimately create the best possible route for adoption of cryptocurrencies. We intend to bridge these currently disparate worlds to provide our customers with the widest options and first class customer service.
Cryptov8 will become a global player that uses blockchain technology to bridge the gap between cryptobanking and traditional banking products and services. Our target customers are the existing 25m and predicted 300m-500m future global members of the cryptocurrency community although our services will be available to all.
Already significantly progressed in the process of being a bank, we are well advanced in the process of creating the technical, business and regulatory blueprint to extend our reach worldwide. The primary objectives of Cryptov8 are to improve:
Convenience – making wallet creation and access straight forward. Ability to manage all your cryptobanking and traditional banking in one place.
Trust – as an authorised and regulated bank we will apply the highest levels of regulatory principles and best industry practice to protect our customers.
Security – providing bank grade security with the ability to securely store wallet and password details to allow retrieval.
Cost – make exchange costs and withdrawals cheaper and more certain.
Reward – uniquely, our cryptobanking customers will directly receive rewards for their loyalty. We will give a share of our cryptobanking fees back to our customers.
Acceptance – making cryptocurrency payment mainstream.
Education – providing easy access to educational material, knowledgebase and providing support to crypto customers.
We are in the process of becoming a UK regulated, full service digital retail bank for Mortgages, Loans, Savings and Current Accounts. We will serve retail and SME customers in a familiar way, whilst using blockchain technology to transform the customer experience. Blockchain technology offers massive opportunities to disintermediate many financial services payments and functions.
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