German bank launches Blockchain Factory

Home » BLOCKCHAIN » German bank launches Blockchain Factory
German bank launches Blockchain Factory

German bank SolarisBank launched the Blockchain Factory program to work with European crypto and blockchain companies.
Most European banks prefer not to deal with cryptocurrency start-ups because of the possible use of digital currencies for money laundering and financing of criminal activities.

However, SolarisBank adheres to a different point of view, and within the framework of the initiative that has been launched, the financial institution will open bank accounts in fiat currency for the needs of blockchain companies.

The other service that the bank offers is an automated trust accounts. Such accounts allow crypto exchanges from all around the world to purchase and sell cryptocurrencies.

Peter Grosskopf 

According to the representatives of the bank, the Blockchain Factory is a technological and regulatory bridge between the banking sector and the world of blockchain.

“Fiat currencies will not disappear anywhere. We are going to meet a hybrid future, in which the world of detachment still has to prove its worth. Nevertheless, we see the revolutionary potential of these business models and we want to help shape the future of this industry, “said SolarisBank Technical Director and Head of Blockchain Factory Peter Grosskopf.
Representatives of the bank declare that they operate within the legal framework and are very demanding on possible partnership relations.

  • bitcoinBitcoin$5,385.44
  • ethereumEthereum$182.07
  • rippleXRP$0.359398
  • tetherTether$1.00
  • eosEOS$5.86
  • stellarStellar$0.127687
  • litecoinLitecoin$90.06
  • cardanoCardano$0.091271
  • tronTRON$0.030539
  • moneroMonero$71.20
  • iotaIOTA$0.356561
  • nemNEM$0.074059
  • dashDash$131.81
  • neoNEO$12.63
What is Cryptocurrency? How to Use, the Future of Crypto, the History of Bitcoin
Cryptocurrency market is actively developing and expanding. This relatively new industry is causing a lot of questions and attracting a huge number of investors, businessmen and ordinary people. “What is the future of cryptocurrency?”, “How to choose cryptocurrency exchange?”, “How to sell Bitcoins?” “What about cryptocurrency mining”? Millions of people read cryptocurrency news everyday and […]
2019-04-08 0 47
What is Bitcoin?
The cryptocurrency industry is becoming more and more popular all around the world. Despite the fact that there are more than 1000 different cryptocurrencies and the number keeps growing, cryptocurrency is often associated with Bitcoin. Bitcoin is the first modern cryptocurrency in the world; it attracts thousands of users and investors from different countries. Millions […]
2019-03-20 0 46
Bitcoin, Ethereum, Ripple, Monero, Dash, Tron: major differences and features
Investors see different names of cryptocurrencies and the movement of their courses, but typically don’t even know why the digital coins are so popular. Most of us have already Googled “How to buy Bitcoin” or “How to sell Ethereum”. Cryptocurencies are becoming more and more popular: Bitcoin price is fluctuating and its value is not […]
2019-03-19 0 44
What is Blockchain?
“Giving users easy access to many different kinds of digital assets on the blockchain and, particularly, tokens that are linked to assets in the real world, is crucial to seeing blockchain adoption reach the next level, and I applaud Digix Global’s initiative in being the first of many such projects to successfully launch” – Vitalik […]
2019-03-06 0 42
© 2017–2018