Skip to main content

BlockBank Just Launched Its DeFi Application, Where Users Can Interact With an AI-Powered “Robo Advisor”

PRESS RELEASE. BlockBank, the platform disrupting mobile banking by blending it with decentralized finance (DeFi) and Artificial Intelligence (AI) technology, is officially launching its all-encompassing financial application in Q4 of 2021. On a mission to grow worldwide accessibility to DeFi and build users’ financial empowerment, BlockBank’s new mobile and online app will combine the best of the traditional finance and DeFi worlds in a secure, private, and user-friendly space. Two major developments on the BlockBank app are the Robo Advisor, a cutting-edge AI-powered resource for individuals as they enter the crypto market, and a revamped tiered staking rewards system that enables users to earn up to 20% APY.

BlockBank aims to ensure that everyone has the tools and resources to confidently enter the exciting crypto market without feeling held back by barriers like a lack of institutional knowledge or limited time for research. And now, with the launch of its application, BlockBank’s AI Robo Advisor will serve as a guide for users of all levels, from beginner to market expert, as they embark on their DeFi journeys.

The Robo Advisor’s capabilities and functionalities will develop on a rolling basis. Starting as an educational resource, the advisor unlocks the ability for a tailored experience on the BlockBank platform as its technology learns and grows with each individual user. Over time, it will learn individual habits and risk profiles, and process countless data sets into actionable insights.

Notably, the advisor will drastically reduce the amount of time users need to spend on market research by providing the data and resources to make decisions in a quick and educated manner. Looking ahead, BlockBank’s AI technology will fill a fully-fledged advisory role that will enact user-approved automated order management and execution, portfolio creation and management, and more.

But BlockBank didn’t stop there. Its application will offer a new tiered staking rewards system to help users make the most of their tokens and earn passive income. Ranging from Tier 1 to VIP, everyone has the opportunity to earn high APY on staked crypto tokens (like BTC and most ERC 20 tokens) and BlockBank’s natvie utility token, $BBANK:

  • Tier 1 (1+ BBANK staked): 2% APY on staked tokens / 2% APY on staked BBANK tokens
  • Tier 2 (5,000+ BBANK staked): 4% APY on staked tokens / 6% APY on staked BBANK tokens
  • Tier 3 (25,000+ BBANK staked): 6% APY on staked tokens / 9% APY on staked BBANK tokens
  • Tier 4 (100,000+ BBANK staked): 8% APY on staked tokens / 12% APY on staked BBANK tokens
  • VIP Tier (500,000+ BBANK staked): 10% APY on staked tokens / 20% APY on staked BBANK tokens

The application also includes game-changing features like a diverse suite of decentralized applications (dApps) and gold and silver purchases with crypto.

BlockBank’s application will be available for download in both the Apple and Android Play store. For more information, visit https://blockbank.ai/.

 

This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.



from Bitcoin News https://ift.tt/3pyGQ7U
Labels:

Comments

Post a Comment

Popular posts from this blog

Deep Web Roundup: Dream Adds Monero and Bitcoin Tumbler “Chip Mixer” Launches

The darknet has been quiet of late, which is the way it’s meant to be. No news means no mega busts, honeypots, or mass market shutdowns. Even when it’s out of the spotlight though, the deep web is quietly making news, whether trialling the latest privacy coins or the newest coin mixers that promise to restore a little of the privacy that’s being stripped away from bitcoin users on a daily basis. Also read: U.S. Agency ICE Conducts Investigations That Exploit Blockchain Activity The Battle for Privacy Heats Up Privacy is all relative, but of late there’s been relatively little privacy to be enjoyed by bitcoin users. Blockchain monitoring software is becoming more sophisticated and more common, with U.S. law enforcement agencies using it to profile and hunt down deep web users. Chip Mixer is a relatively new bitcoin tumbler that’s designed to restore some of that privacy. Available on both the clearnet and darknet, the service uses a variety of techniques to obfuscate blockchain m...
10 comments
Read more

International Crypto Exchange Luno Adds Bitcoin Cash Trading

Luno exchange has added bitcoin cash trading to the platform following feedback from its client base. BCH is now only the third cryptocurrency available for trading on the exchange, in addition to BTC and ETH , but more options could be on the way once Luno determines that they are credible enough. Also Read: Bitflyer Adds Bitcoin Cash Trading Across Europe and the US Luno Adds Bitcoin Cash Trading Luno, the London-headquartered company formerly known as Bitx, recently announced that bitcoin cash was made available on its cryptocurrency exchange. Starting from Monday, September 23, customers at Luno are now able to store, buy and sell BCH on the platform. The reason given for adding BCH to the exchange is feedback from users in developing markets that convinced Luno to expand their offering from previously just BTC and ETH . Marcus Swanepoel, CEO of Luno, said , “We are in a new and exciting financial era. Developing economies are leading the large-scale adoption and appli...
Post a Comment
Read more

Seven UK Companies Form Cryptocurrency Trade Body

Seven major crypto companies operating in the UK have announced the formation an independent cryptocurrency trade body. The group, Crypto UK, has stated that its principal aim is to “improve industry standards and engage policymakers.” Also Read:   Independent Ratings Agency Alerts Investors About Dangers of Tether Leading Cryptocurrency Companies form Crypto UK Trade Body Seven leading cryptocurrency companies operating the UK have formed an independent trade body tasked with developing self-regulatory standards for the cryptocurrency industry, in addition to “engag[ing] policymakers.” The members of Crypto UK are Coinbase, Etoro, Cex.io, Blockex, Commerceblock, Coinshares, and Cryptocompare – comprising trading platforms, exchanges, asset managers, merchants, comparison websites, and intermediaries from the cryptocurrency sector. “Regulation is Imminent” The Crypto UK chairman and managing director of Etoro, Iqbal Gandham, described the trade body’s mission as “promot[in...
41 comments
Read more