Sponsored

Many former bank employees are moving towards blockchain companies that are much faster and effective (and don’t forget – safer!) than traditional banks. Casquero, a former executive for JP Morgan bank, says: ““[Banks] are no longer the best providers for a specific product, tool or service in terms of both the producer and consumer. This occurred as the internet ushered in an age of disintermediation and transformed the way the world works into a peer-to-peer network.” He has joined team that is planning to launch their own blockchain “collaborative bank” and of course ICO.

Faster and more flexible

Many traditional banks are trialing blockchain systems in order to improve their services but it is still within frame of their traditional work history and style. These days everyone can start their own blockchain company and create cryptocurrency, as well as enter financial service field. There is no full control over money anymore from the banks perspective. Independent and small companies come with faster and more effective solutions and offer potential customers new and much cheaper solutions.

Breanne Madigan, ex-worker from Goldman Sachs, she recently said that “blockchains will completely re-engineer the way we operate in the future”. One can say that blockchain system is still in its very early stage but it is already showing great results and it is the new technology revolution that we have to embrace.

European Union (EU) has approved e-money rules in 2009 (https://ec.europa.eu/info/law/e-money-directive-2009-110-ec_en) and that gives very good environment for alternative financial service providers that are coming with innovative and fresh ideas into the market.

Interesting and promising blockchain companies to follow that will provide financial services

Coin name is LPC and it is already on exchanges (for example CryptoBridge or Stocks.Exchange) and its market value fluctuating around $4 in CryptoBridge with 24h volume around 0.5 mil. but around $8 in Stocks.Exchange in a last 24 hours.

Company claims that they will develop environment of almost instant payments through SWIFTTX and that in a near future we can use their platform and tools for cashless payments in contactless retail payment machines. Basically their target is to have LPC as mediator between real life payments and your cryptocurrency wallet.

Cryptassist https://www.cryptassist.io/ ecosystem is designed to make the cryptocurrency world easy for everyone, whether they are crypto experts or novices. They plan to offer several crypto tools all under one easy to use platform saving users a lot of time, money and effort.

Project will include, but will not limit to the following: