The Building Blocks For A New Economy
Banking Network Cryptographics offers an alternative financial ecosystem that maximizes your capital’s leveraging capability
More InformationBanking Network Cryptographics offers an alternative financial ecosystem that maximizes your capital’s leveraging capability
More InformationBlockchain has taken the next leap towards enhancing our daily lives. Using the BNC Network technology on a simple and easy to use application called “Ubanker” we can now allow e-commerce and POS merchants to improve not only their customers spending experience through cheaper, borderless and trustless transactions, but leverage their entire financial status through stable passive income generation in a decentralized ecosystem.
A Blockchain Banking And Payment Ecosystem, Combining All The Services & Features Of Banking Within A Secure Decentralised Blockchain Network
The BNC Network is an open banking solution that will establish a seamless payment gateway between financial institutions globally. Built on Blockchain technology, The BNC Network provides an additional layer of protection and transparency, while drastically reducing the cost and time of transactions.
The SkyNet SDK is the first and only blockchain oracle system that can communicate with SWIFT and SEPA remittance codes. It provides financial institutions with private access to the BNC blockchain, which confirms that all funds circulating within the network are “physically” available to the bank. The SkyNet SDK is highly innovative and will set a new industry standard for AML and source of fund checks.
SDK Info
BNC network users will be able to generate passive income through a proof-of-stake
consensus algorithm. Users can loan available funds from their savings and checking
accounts to BNC network validators (master nodes). This staked capital serves as a
leverage tool for the validators while generating interest for the account holders.
BNC Crowd-Staking (BCS), a PoS workflow, is a new development by the BNC network and
serves as the main engine of their unique system. Crowd-Staking involves a mining pool
managed by a Master Node gathering Sub Node validators who combine their staked tokens
in order to enhance resources and validation probability over the network.
Every user who owns a "Ubanker" wallet will be able to use their BNC tokens for staking on the network. Through BNC’s unique “Ghosting” feature both the BNC token and fiat backed stable coins will be able to participate in a node. “Ghosting” is the ability to stake stable coins via an API price calculation against the BNC token while mimicking its existence within the node. This will allow users to stake their capital without exposing it to the volatile crypto market, giving zero exposure.
BNC’s banking application will service both B2B & B2C clients through an Electronic Money Issuance (EMI) license regulated by the EU Central Bank. Implementing the “Ubanker” application on the BNC blockchain will create an easy and seamless access to advanced technology that businesses and mainstream society now desperately needs and demands. “Ubanker” will be the worlds first regulated DLT bank that runs on the BNC blockchain, eliminating high operational costs and required manpower, while maintaining scalability on an international level.
With over a quarter of a century’s experience working in the Data Protection & Payment Services industry, BNC’s sister companies are well known in the Fintech world and certified by Visa and Mastercard. Their Innovation and credibility are born from years of technical development allowing for a global reach in financial services, working with established clearing houses, credit facilities and enterprises they will allow for a fully intergrated product.