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Three of the Best Crypto-Friendly Currency Accounts for 2019

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The advent of blockchain and cryptocurrency has seen several industries disrupted like never before, including finance.

Notoriously resistant to change on any real scale, finance has always been seen as a tough industry to bring new ideas into, but blockchain has changed the game in many respects.

Today we’re seeing an influx of agile digital challengers to the established names that have dominated banking for so long.

Recently a report was published by consultancy company A.T. Kearney that claims “Not all banks will survive the tide of change as customers increasingly favor digital banks and innovative products and services.

“Branch closures are a short-term fix to steady the books, but it is not enough – traditional institutions need to consider strategic transformation to improve cost and top line and also offer more innovative products and services.”

In short, the world of banking is changing, and the following three startups are among the best crypto-friendly banking options for 2019.

Wirex

Offering customers a VISA card available in three different currencies, Wirex has quickly established itself as one of the most recognized names in crypto finance.

Billed as “crypto and traditional currency accounts that put the power in your hands,” Wirex allows customers to take charge of their entire banking needs from one simple to use platform.

You can fund your account using a credit/debit card, bank transfer, or cryptocurrency, with ability to track payments.

One of Wirex’ unique selling points is the opportunity to earn ‘cryptoback’ by claiming 0.5 percent back in BTC every time you use your Wirex Visa card.

ATRONOCOM

Offering both a virtual and physical bank card, ATRONOCOM provides customers with almost 40 million contact points all over the world where the card can be used.

With five currencies available, and the ability to both buy and sell crypto, with day trading and margin trading in the pipeline, ATRONOCOM really is providing users with a ‘one stop shop’ when it comes to their financial requirements.

The wildcard of sorts for those who opt for ATRONOCOM is the addition of a high-security communication messenger, that comes with connected wallet function. In the wake of the controversy surrounding the security levels of messaging services such as WhatsApp, this function is a welcome addition.

Revolut

Offering users the opportunity to safely and efficiently buy cryptocurrencies at the touch of a button, Revolut is something of a pioneer when it comes to keeping things simple.

With five of the leading cryptocurrencies on offer, you can convert your fiat currency to Bitcoin, Litecoin, Ethereum, Bitcoin Cash, or XRP and receive rates and alerts in real time.

Customers can set up a bank account directly from their phone in a fraction of the time it would take to do so in-branch and can transfer money all over the world with the click of a button.

The report mentioned above suggests that we will see some pretty significant changes in how we carry out our banking within the next five years.

If those changes are anything like we’ve experienced to this point, we’re in for an exciting ride.

Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

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12 Peers Capital Markets Purchases DigitalBits XDB Token

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12 Peers Capital Markets , a broker-dealer and capital markets firm has announced its support for DigitalBits, a blockchain protocol focused on consumer digital assets such as loyalty points, rewards, and branded stablecoins.  The traditional market brokerage firm has purchased the DigitalBits XDB token, after recently announcing “a new found investment thesis focused on identifying blockchain projects that improve efficiencies across global markets,” it said in today’s announcement.

DigitalBits is an enterprise-grade blockchain protocol for supporting consumer digital assets, specifically branded currencies.  The company believes that branded currencies play an integral role in driving consumer behavior, but many of these programs are dated by today’s technological standards.  “These limitations have stifled value transfer, resulting in the accumulation of large amounts of idle capital – in 2017 US corporations held in excess of $100 billion in unused points liability,” the DigitalBits experts explain.  

The DigitalBits blockchain supports tokenization of existing and new consumer digital assets.  The XDB Foundation, which was formed earlier this year, is a neutral agnostic non-profit organization to enhance the DigitalBits blockchain and ecosystem, engage partnerships and building a robust ecosystem for users. Commenting on the 12 Peers Capital Market announcement, XDB Foundation’s Managing Director Michael Gord said that it is great to see traditional firms show interest in blockchain technology. …

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Manufacturing Blockchain Company Syncfab Featured in NASDAQ Entrepreneurial Center’s Event in Times Square

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The NASDAQ Entrepreneurial Center hand-picked several advanced projects and companies to provide individualized mentorship and executive coaching in an effort to support tech startups working on various COVID-19 solutions. As part of the program, the NASDAQ Tower in Times Square broadcasted its Milestone Makers COVID-19 Solutions Cohort live last Wednesday.  

Time-tested communications and manufacturing supply chains have been significantly damaged this year due to the pandemic. This is why manufacturing blockchain company SyncFab was one of the headliners at the conference. Supply chains have become all but non-responsive, and innovative solutions are being prioritized.

SyncFab has built and launched an advanced blockchain platform for supporting smart supply chains and allowing users to source, procure, track, secure, and pay for precision spare parts. Led by Forbes Business Council Member Jeremy Goodwin, SyncFab brings real-time capacity savings opportunities alongside addressing the billion-dollar pain points in manufacturing supply chains. It connects automotive, aerospace, and medical manufacturers with more cost-effective suppliers using blockchain-secured transactions.

“In 2020 the time has finally arrived for industry to jettison the limitations of old-fashioned manual procurement processes,” said SyncFab CEO Jeremy Goodwin in his presentation during the conference. He added that “looking forward, we [SyncFab] will expand supplier coverage, add new supplier response incentive and purchase order programs, and continue to innovate post-procurement blockchain traceability features” to meet shifting needs in the industry.

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AllianceBlock & TTC join forces to build a globally compliant digital asset ecosystem in the Philippines

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AllianceBlock will work in tandem with TopJuan Tech Corporation to launch “a globally compliant digital asset  ecosystem in the Philippines,” the two companies announced in a press release. AllianceBlock is planning to launch a decentralized platform to automate the process of turning any digital asset into bankable security via an internationally recognized Individual Securities Identification Number (ISIN).

AllianceBlock

TTC stands for TopJuan Tech Corporation, a financial technology company endorsed by the Central Bank of the Philippines (BSP) to incorporate as an E-money provider, remittance agent, and a virtual currency platform operator. TTC is an institutional gateway for digital banking and solutions for financial inclusion services. The TTC mobile app, Top Wallet, functions as a payment solution, digital asset wallet, and a partner gateway to the TTC ecosystem.

AllianceBlock and TTC hope to provide fully compliant digital asset access to the 106+ million people who live in the Philippines.  One of the pillars of the  partnership is “the development of a regulated sandbox in the Philippines to facilitate the creation of a range of compliant crypto structured products,” the companies said.

“Our partnership will allow regulated access to the Philippines for AllianceBlock to fulfill the growing demand for access to compliant digital asset investments in the Philippines through the AllianceBlock…

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