DIVI Crypto podcast presents Block Bank's COO, Darren Franceschini. Block Bank is a one-stop solution that combines the power of decentralized and centralized technology in a simple and secure Mobile & Web application.
BlockBank is powered by our platform's utility token called BBANK. Users are able to gain access to our credit card rewards program, use our advanced AI assistant, increase their APY % and earn interest on their tokens by staking BBANK in their non-custodial BlockBank cryptocurrency wallet.
We aim to combine the best of DeFi and CeFi worlds in one place, and incorporate AI technology to assist users in decision-making.
Initially, Block Bank’s AI will be informational. As Block Bank moves forward, it will be more actionable. The goal will be based on experience in the industry, their risk profile, and what they’re willing to do. It gives them a full experience: a capacity to understand their overall expenses, what they can afford to invest, when they need to pull out, etc. This will not only focus on the crypto, but a user’s overall portfolio. In addition to bitcoin, Block Bank aims to work with a multitude of crypto currency.
Block Bank will have a centralized custodial wallet, and a non-custodial web 3 wallet. Custody is fully insured, with purchase and exit via fiat. While there are multiple bank-ends for the respective legal regulations, for the user, it is essentially all one application. The custodial wallet will be used for staking, trading through APIs into CEXes, Insuring assets, Borrowing, Fiat on and off ramp, Off chain / on chain solution, Complete KYC verification. DeFi will serve a host of functions such as: Multi asset chain support (ERC,BSC, HECO, etc), Gift Card purchases.
BBANK token is BlockBank’s native. BBANK is developed on the ETH blockchain and follows the ERC20token standard, as well as BEP-20. BBANK is used to access Block Bank services, boost user APY, and earn interest on their tokens. By using BBANK tokens, users gain access to premium features, higher APYs and in-app offers. The BBANK tokens are listed on UniSwap, PancakeSwap, 1Inch, Gate.io, with more being added all the time.
Block Bank will allow users to have access to their assets via Prepaid Debit card, with the initially launching of the card being in Europe, with more jurisdictions to follow, based on regulations.
There will be five tiers for staking, from 1 to +500,000 BBank, with APY from 2% to 20% APY.
You can find more information at https://blockbank.ai/
--
Divi is creating the world's first closed-loop, vertically-integrated cryptocurrency ecosystem. Much like Apple's ecosystem is anchored by iCloud, the Divi Project blockchain serves as the core of the Divi network of technologies. Thanks to a keen understanding of the divide that separates the mainstream from the crypto world, the Divi team is able to create solutions to the industry's biggest problem: adoption by non-technical users. Divi's user-friendly, one-click solutions aim to bring blockchain-based payments into modernity with great UX. In this podcast, we will cover all aspects of cryptocurrency, hot topics, and technology as worldwide adoption grows.