Bankera is constructing a long-term digital bank, thus the emphasis will be on scale, the removal of counterparties, as well as the provision of fundamental banking services including savings and loan accounts. Bankera will apply for additional banking licenses in major jurisdictions to enable it to operate in a variety of fiat currencies as well as permit cross-border transactions without using counterparties to achieve this goal.
Bankera also intends to join significant financial systems, including attaining issuer as well as acquirer accreditation with key payment card systems and joining payment networks such as SEPA in the European Union, Faster Payments in the U.K, and EFT in Canada.
Bankera will offer new solutions for both individual clients and corporations in a low-cost financial sector, in addition to standard banking products. For example, Bankera will lead to higher profitability for businesses by elongating finance for processing payments against anticipated future payments, based on past cash flows as well as expected payments.
For individuals, Bankera will create an investment product connected to a basket of goods that automatically detects inflation, addressing the age-old problem of clients’ savings not keeping up with inflation.
Bankera will be established as a company and an initial coin offering (ICO) will be held to fulfill these goals. The sale will be in the form of “Bankers” virtual currency tokens (BNK). The revenue collected by Bankera will be used as a grant to help develop Bankera as a project. As part of its responsibility to the grant, the operator of Bankera as a product will invest Bankera as a firm.
Endowment payments will be based on 20% of Bankera and SpectroCoin’s transaction net revenue and will be distributed weekly to BNK token holders. Bankera will thereafter issue payments to BNK token holders as part of the incentive for their contributions to Bankera at their choice.
This company has also recently attended the AIBC Summit 2022 in Dubai.