According to a study by the World Economic Forum, at least 10% of the world's GDP will be stored in blockchain systems by 2025. The banking sector is among the key beneficiaries of the technology with reports showing massive adoption among the bulge brackets of Wall Street.

Mainstream institutions such a JP Morgan, Bank of America Merrill Lynch, Goldman Sachs, and BNP Paribas are already warming up to the technology through partnerships with blockchain firms. However, the most significant blockchain disruptions in the banking sector are coming from independent fintech firms.

We have been reviewing the application of blockchain in the banking sector and have come up with a list of what we believe are the most disruptive ICOs in the industry.

Bankera calls itself a regulated digital bank of the blockchain era. The goal of the project is to provide blockchain solutions to the traditional banking functions while ensuring adherence to the existing regulatory frameworks. These services include payments, loans & deposits, and investments.

With Bankera, clients can get a personal international bank account number, payment cards, and payment processing for both the cryptocurrencies and fiat currencies. The platform will provide loans and deposits to allow clients to borrow at a preferable rate or gain interest on their deposits.

Bankera is an operational fork of SpectroCoin, another platform which recently concluded a very successful ICO. The Bankera token sale opened on the 27th of November, 2017 and closed on the 28th of February 2018.

With reports showing that over half of the world population is unbanked, the traditional financial systems have failed at ensuring full financial inclusion. The blockchain technology seems to be the solution, but its complicated and time-consuming nature makes it inaccessible to the average person. Dether aims to break these barriers by making it possible to buy and sell Ether through a smartphone easily.

With Dether, users can use their smartphones to create secure wallets within seconds and easily locate and trade Ether with other buyers and sellers. Users can also use the Dether app to identify stores where they can buy goods and services directly using Ether. The Dether token sale ran from February 7th, 2017 to March 7th, 2018.

MoxyOne offers white label solutions to companies issuing tokens by enabling them to offer their token holders branded debit cards and cross-platform wallets. In addition to the white label solutions, MoxyOne will also be providing a debit card and a wallet system to the holders of its tokens.

These tools will enable users to make everyday purchases, withdraw funds from compatible ATMs and make payments even in places where cryptocurrencies are not accepted. The MoxyOne technology will be such that cryptocurrencies can be converted into fiat currencies on the point of sale without any extra input required by the user.

The token sale for this project will open on the March 14th, 2018 and close on April 14th, 2018. The public token pre-sale will continue to take place from February 8th, 2018 to March 10th, 2018.

Inspeer aims to be the first P2P platform to enable lending and borrowing in both cryptocurrencies and fiat currencies. The project applies AI and machine learning to instantly evaluate the creditworthiness of borrowers before granting them the loan facility.

Inspeer has announced that it will soon unveil virtual and plastic cards to be used in compatible ATMs. The project token sale ended on February 5th, 2018.

CoinLoan is a lending platform that allows borrowers to use their crypto-assets as collateral for a fiat currency loan. The loans are provided instantly and for a period of up to 5 years.

Even better is the fact that with CoinLoan, no credit history is required to get a loan and the borrower is still able to profit from the increasing price of their held crypto-assets. The CoinLoan ICO ended on February 15th, 2018.

Bank4You calls itself the Western Union for crypto transactions. The project aims to ensure financial inclusion for the unbanked by providing real-time money transfers through mobile money and mobile airtime.

Unlike existing mobile money systems such as the Kenyan M-pesa, the Bank4You technology is decentralized and allows cross-border money transfers with the possibility of withdrawing funds in local currency through a local mobile operator. The Bank4You token sale is ongoing and will be ending on January 21st, 2018.

PayPro’s goal is to be a marketplace where decentralized applications (dApps) can offer their services and compete among themselves. Through the PayPro platform, consumers will be able to review and rate dApps, therefore, ensuring that only the best remain in the market. The project’s goal is to shift power from the traditional banking institutions to consumers.

The token sale for this project will start on the January 15th, 2018 and ended on January 31st, 2018.

Elpis is an AI-driven crypto-asset investment fund that aims to provide the best possible performance at low cost and minimal risk.

The project's main target is to challenge the highly expensive, opaque and often inefficient private banking model by giving the best possible returns to investors while charging the lowest fees and ensuring high-level transparency. The Elpis public token sale will open in March 2018.

https://youtu.be/71QILna_57g

Crypterium aims to be a cryptobank of the world by providing a decentralized platform that ensures enhanced payment possibilities, quick transactions, reduced costs and high-level security. The project goal is to revolutionize the traditional banking functions through the blockchain technology.

The Crypterium token is ongoing and closed on January 13th, 2018.

Forty-Seven Bank aims to create an open application platform for financial technology developers with small or medium capital to enable them to create white label applications which can compete with the traditional banks. The project's goal is to eliminate the barriers of entry into the Fintech market by providing access to banks' infrastructure and customer bases to its users.

The Forty-Seven Bank ICO is ongoing and will be ending on the 31st of March, 2018.