The World’s First Bitcoin bank NextBank has recently stopped its public crowdfunding campaign.
The world’s first truly international Bitcoin bank NextBank is preparing to launch during 2016 after successfully raising 950 000 USD seed investment capital. NextBank is now taking early registrations.
NextBank is planning to launch a new bitcoin banking platform that will make it easier for bitcoin community to use financial services worldwide.
NextBank’s mission is to provide advanced banking services for Bitcoin and cryptocurrency users worldwide. NextBank will offer international Debit Cards, accounts denominated in both fiat such as USD and various cryptocurrencies, SWIFT transfers, an escrow service, currency exchange, and much more.
The technology behind bitcoin may not just disrupt banks out of existence but also empower already existing financial system.
A team of eight investors are going to open a new bank in Switzerland that will offer services only with the use of the virtual currency.
Financial institutions in Australia are in plans to spend AU$1 billion to build new platform for online payments.
We know how Bitcoins are generated and how a bitcoin transaction works, but how are bitcoins stored? We store cash in a physical wallet, and bitcoin works in a similar way, except it’s normally digital.