Published On: Tue, Oct 31st, 2017

Proof-of-Asset Protocol by BANKEX – a New Era in the History of Banking Services

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BANKEX, founded in 2015 by Igor Khmel, Ilham Hatypov, and Dmitry Dolgov, aims to meet the demand of improving asset liquidity using a proprietary Proof of Asset protocol designed to enable information to be passed in real time directly to and from the blockchain.
[Note: This is a sponsored article.]
This technology is transferring the information about an asset to the blockchain enabling fast transactions and avoiding cumbersome rules and regulations of a traditional stock exchange.

By taking advantage of technologies like the Internet of Things (IoT) and Artificial Intelligence (AI) in order to create Internet of Assets (IoA) BANKEX is building a new standard of decentralized financial market. 
The PoA protocol can be used by various entities from Fintech providers, including AI and IoT labs, and traditional financial institutions to any asset owner. BANKEX, based on Bank-as-a-Service (BaaS), is evolving ordinary transaction mechanisms. All the transactions that are carried out using PoA are faster, clearer and much more reliable. This technology ensures that every single token is backed by a real asset. The PoA increases the liquidity of real-world assets while delivering constant real-time updates to both asset owners and investors.

Asset Tokenization
 Tokenization is …

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