BriteBanc’s "Smart Wallet Technology", Supporting Fiat and Crypto
is rocking the $215 Billion plus emerging Altcoin Banking Industry
BriteBanc LTD, A Licensed International Retail Bank Enabled to Operate Globally
NOW! Catering to the Crypto Community Around the World
Changing the way Banking is done - FOREVER!
NOW CapCoin holders can earn interest on their Crypto in a decentralized Smart Wallet
while still being able to access it just like a regular bank.
We have bridged the gap between Fiat and Crypto
Earn Interest on your Crypto,
YES! In BriteBanc’s model, we take advantage of digital currency to make changes to the paradigm. With Crypto, a physical deposit is no longer required. If CapCoins are “committed” to us, we can leverage those funds as if they were physically deposited into an account.
FINALLY A BANK THAT "GETS" CRYPTO
Stable, Reliable and Secure Banking Services Now Coming to Crypto.
Security risks.The crypto marketplace has been affected by a very large number of hacks and breaches that have resulted in millions of stolen tokens representing billions of dollars of lost funds from traders, miners, and other participants. Mainstream adoption will be limited until a security solution becomes widespread.
Limited regulations.The crypto marketplace has been affected by a large number of scams, including ponzi schemes and questionable investments that have eroded the fortunes of participants. As with any new financial instrument or marketplace, it takes time for legislators to “catch-up” with issues affecting potential victims.
Volatility.The large majority of people are risk adverse, unlike the existing crypto speculators who deal with the daily ups and downs of this market. (Many people would prefer to earn interest in a stable investment instead of engaging in the “gamble” of trading between cryptos, only to lose principal on a daily basis.)
Brite Banc's Phone App will Deliver the FREEDOM that The Crypto Marketplace has been demanding, Plus Adding the User Friendly and Robust Products that Retail Banks have provided us in this Rapidly Growing Marketplace!
Addressing the BarriersBriteBanc aims to address these barriers with a better and more robust retail offering aimed at the crypto community. In addition, The Company is rolling-out new revolutionary technology which implements needed functionality, security, and operational simplification in the space.
Streamlined KYC ValidationAlthough operating on a decentralized and distributed blockchain, a new set of rules protects the participants, taking an important step in self-regulation to protect the entire network/economy. Crypto purchase hurdles will be eliminated. Streamlined KYC Validation results will be stored on the blockchain with a token owned by each individual consumer. This system will create a standard that will be used industry wide with shared tokens offering instant KYC/AML validation across numerous transactions and vendors.
Web & App PlatformBecause BriteBanc is an actual financial institution, it desires to bridge the blockchain gap left empty with no central authority. Through new proprietary Smart Wallet technology, blockchain KYC solutions, specialized Smart Contracts and the CapCoin token, BriteBanc provides the key cryptographic and operational components to the ecosystem that enable retail banking. Although it makes it possible to bring the everyday functions of “fiat banking” to the blockchain, it goes further by enhancing token ownership - allowing token owners to participate in the management of their portfolio. In addition, Smart Wallets enable payments (by BriteBanc) to token owners based on the choices they make about their tokens. A dividend would be a simple example.
BriteBanc Solves Problems
Quality, Effective Service
Existing crypto providers have not served the retail community effectively.
Simple, Quick to Buy Crypto Coins
Consumers still struggle simply buying bitcoin, and altcoins are not even available for a direct purchase from providers at large.
Easy Access to Buy AltCoins
For the most part, a bitcoin purchase is the only way to enter the altcoin space, by buying bitcoin first and then trading it within an exchange for etherium or ripple etc.
Quick, Simple Account Setup
Because of slow (or non-existent) service, getting through KYC verification (KYC = ‘know-your-customer’) at some providers can take days (or even to weeks) to process. If simply buying bitcoin is such a hurdle, how can widespread adoption ever take place?