“Creating a giant new banking application for digital and crypto assets has been BlockBank’s ultimate vision since its inception. Over the past year, we’ve listened to our growing user base, acquired global licenses and built the most technologically advanced software in the industry,” said Anastasia Platnikova, CEO of BlockBank.

BlackBank is available for download on the Apple and Google Play stores and provides end users with a gateway to banking, digital finance and cryptocurrency. Having multiple backends on one front end creates a multi-faceted user-centric experience, allowing each user to choose how they want to participate not only in the app, but with their personal finances.

The app aims to offer unmatched options to its users. First, if these assets are fully KYC and the assets are saved in the app, users can participate, earn and trade. Second, since users can be fully decentralized, they can directly participate in the decentralized financial space while owning their own assets. Third, they have access to a bank account number that allows them to send or receive money in the traditional way. By the end of this year, the fourth component will be activated – a working global crypto credit card that will allow users to spend or withdraw money at any ATM globally.

BlackBank was recently announced as the winner of the European FinTech Hackcelator competition by AccelPoint and has been invited by the Monetary Authority of Singapore to participate in the Singapore FinTech Festival from November 2-4. It is important to note that in the European fintech hackcelator, Blackbank is the only female-led company.

“The digital landscape is fragmented and complex, presenting investors and users with risks, security and navigational challenges. Our vision is to de-fragment finance, creating a simple and easy-to-use platform where users can streamline all their financial needs in one single, seamless application. We can now proudly say that we have achieved our goal. said Kelge D’Cruz, co-founder of BlackBank.

Managing your money, be it traditional or digital, shouldn’t be difficult, risky or expensive. While traditional finance treats digital asset holders and users as “high risk” and takes little effort to serve them accordingly and fairly, Blockbank’s mission is to create an environment that accommodates retail and enterprise users to their desired needs.

“With our latest release, we’re reaching an important technical milestone. We’ve worked hard to bring speed improvements to the features BlackBank users use the most. And along with the update, we’re adding new security levels powered by FireBlocks. I’m sure our users will love it as much as we love developing it. – Dimitrij Radin, Head of Technology at Blackbank.

Avalanche Network is now available. (An open source platform for launching decentralized applications and enterprise blockchain deployments in a single ecosystem – built for global financial scale with immediate transaction closing)

Users can easily access hundreds of AVAX tokens in the AVAX series. This allows users to easily participate in decentralized finance or central finance services within the app, eliminating the need to use different apps for each network.

Fast transaction with low fees

Since the launch of BlackBank, the team has continued to work on speed, stability and improvements so that users do not need to compromise on speed and stability for the sake of lower fees.

Improvements in software have greatly increased the speed of transactions. Users can now enjoy faster deposits, withdrawals and transactions. This next release introduces improved calculations of transport charges and swaps for all current and future protocols.

New banking transactions are now faster and more efficient, with the ability to deposit funds into a user’s BlackBank wallet using their card. In the near future, users will be able to charge their cards directly in EUR, GBP, USD and CAD.

Focused on safety and comfort

Blockchain has partnered with FireBlocks, a leading provider of blockchain custodial services to transfer, store and secure digital assets. FireBlocks is a platform for custody, transfer and settlement of digital assets.

Users can now access decentralized financial services easily and quickly. When you get to the central section of the app, the KYC (Know Your Customer) process takes less than three minutes.

Unstoppable domain integration

Unstoppable Domains are pioneers in the decentralized domain. Blockchain users can purchase their decentralized domains without leaving the app. A purchased domain replaces a long and complex wallet address with a single, easy-to-read domain of the buyer’s choice.

A new definition of access to digital assets

The Blackbank team is pleased to announce that with the V3 rollout, the app is now able to add North American customers.

“As a lead investor in the project since its inception, I am very excited to see the progress of BlockBank. Here I see the potential to solve real world problems – obstacles that other blockchain founders have faced with traditional banking and finance. It’s been a long and hard road, but we’ve now created the foundation to help our users mitigate these issues. – Darren Franceschini, Co-Founder of BlackBank.

The community remains the driving force behind our resilience, driving innovation and shaping future app updates. With the continued support of the community, BlockBank is on its way to becoming a true powerhouse of centralized finance, decentralized finance and new transaction banking, removing the complexity of digital asset management and opening up a world of opportunities for its users.

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