The BANKEX Monthly Update is a community bulletin with news and information about BANKEX activity and results. In it, we’ll announce plans for new initiatives and steps towards ongoing goals as well as share information about BANKEX participation in events in the fintech, blockchain and other spheres. In this month’s report, we will tell you about our achievements for February 2018.

February 2018 could be declared BANKEX Dev Team Month. First of all, we’d like to congratulate the outstanding developers of the BANKEX Foundation Petr Korolev and Alex Vlasov as well as BANKEX CTO Denis Khoruzhiy for their wins in two categories at the ETH Denver Hackathon held in Denver, Colorado from Feb 16–18.

We are proud to have such exceptional and talented people on our team. The entire development team at both BANKEX and the BANKEX Foundation is known for their hard work and multiple creative gifts.

Projects

This month BANKEX Dev Team created several products that are already available on GithHub:

BANKEX Engineers made the first forks for Open Source Lib

Web3 browser and secure iOsWallet

The new BANKEX browser based on the web3swift open source library can send transactions to smart contracts without any additional interface. This is a completely original development never before available in this context. The new browser is a first step towards enabling blockchain applications on mobile devices that will be as easy and simple to access as traditional App on your phone.

Confidential Transactions Award

Remember, an important topic mentioned by Vitalik Buterin during ETH Waterloo related to privacy. The BANKEX team developed code that enabled transactions on Ethereum using smart contracts to be completely private. Such transactions could be useful when the efficiency of smart contracts is needed for activities that require privacy such as voting, for example.

BANKEX continues to build the ecosystem around asset-tokenization. During the 2nd Annual Blockchain Middle East Forum in Dubai on February 6th, BANKEX founder Igor Khmel launched the first ever Instagram account on a tokenized blockchain platform. Spanish travel agency Turismospain was the first Instagram account holder to issue its own tokens that are available for trading on an exchange.

Currently demand on the App market is not able to cope with available financing products and services.. Many Apps don’t have enough capital behind them for further development or marketing. That’s why BANKEX has launched AppToken, a next generation approach to sourcing funding for App developers and their projects.

New Year and a New Exchange

This month, BANKEX celebrated the Chinese New Year with the whole world. We published a series of articles about China and its role in becoming a world fintech leader.

Meanwhile, BKX tokens has been listed on the Hong Kong exchange. The OKEx is one of the largest exchanges in the world by daily volumes of BTC and ETH. It is worth remembering, however, that BKX is a utility token which gives holders the ability to access and use services on the BANKEX platform — and we remind readers how many new products BANKEX launched just this February. The future will only bring more!

Events

This month representatives of BANKEX attended several major forums.

— Members of the BANKEX team, including BANKEX CEO Igor Khmel, represented our company at the 2nd Annual Blockchain Middle East Forum organized by IQPC Middle East in Dubai. During this forum, CEO Igor Kmel tokenized an Instagram account in real-time.

— BANKEX Financial Director Pavel Fedorov participated in the Structured Finance Industry Group conference in Las Vegas.

— Our top managers, Ivan Tretyakov and Eugene Khen held negotiations on a strategic partnership with international holding company FINAM https://www.finam.eu.

New Live Streams

We at BANKEX have a vision to make our work entirely transparent to the community. Every Wednesday our product, financial and development managers are livestreaming on our Facebook page. If you missed any particular livesteam, you can find the videos in our archive and watch them here:

Nikita Lisitsyn talks about MediaToken:

Eugene Khen talks about business development:

BANKEX Foundation CEO Petr Korolev talks about his trip to Denver and the technology which led to winning several categories at the ETH Denver Hackathon: Check on BANKEX Facebook Page

New Media Coverage

What to Expect in March

In the coming month, BANKEX will present several new products and services. In addition, we are preparing a new office space to provide the best possible working environment as every day more and more highly qualified blockchain engineers join BANKEX.

BANKEX COO Dmitry Dolgov

Meet us at:

The Blockchain Leadership Summit 2018 in Switzerland

Please feel free to contact us directly with any questions you may have. We are always glad to meet new people interested in fintech and to make new friends.

Thank you for your support!