With an estimated 42 million people holding Bitcoin and an additional 5.25 billion people with a traditional bank account, there is significant potential for digital asset infrastructure providers to rapidly scale as the adoption of digital assets grows.
There are presently just 20-30 crypto debit card programs globally and only a handful of white label providers in this space offering the digital asset infrastructure to provide these services to customers. This is set to change rapidly as MercoBank is presently developing the biggest Digital assets Bank in the world.
Merco Bank aims to develop the biggest digital assets bank in the world to enhance the ability to spend digital assets on a card at any point-of-sale (POS) and make them as easy to spend as any fiat currency. Secondly, as the demand for crypto debit cards increases, the Mercobank digital asset bank will serve as a service platform and provide the required infrastructure to this segment of the financial market.
MercoBank make the world of digital assets secure and accessible for their clients and unlocks its investment potential.
The Technology around digital assets is getting matured, so MercoBank is currently developing the biggest Digital assets Bank in the world. Obviously, security is critical to the integrity of this nascent market. If they can’t keep keys and tokens secure, people won’t feel confident transacting digital assets. But they now have institutional-grade technology that is:
- built on top of secure hardware and multiparty computation
- scaled to meet the needs of tier 1 banks
- integrated with third-party core banking systems and infrastructure providers
- vetted and implemented by the largest system integrators.
REGULATORY HURDLES ARE DISAPPEARING TOO
Every month, different countries pass legislation that clarifies the rules around blockchain and digital assets, easing the passage of these assets into mainstream adoption.
For instance, in July, the US Office of the Comptroller of the Currency (OCC) announced that all federally chartered banks can provide custody services for crypto assets. Merco bank aims to be the biggest digital bank in the world. MERCO Bank is a fully digital bank accessible via your smartphones and other smart devices. They offers easy, fast, and reliable solutions designed not only to meet the banking needs but to ultimately improve the quality of the life.
Banks are key to the next phase of digital assets market evolution.
MERCO Bank is the adaptive digital bank that equips its customers financially while embracing their diverse circumstances.
MERCO’s innovative banking platform reimagines traditional banking with adaptive lending and innovative deposit products that transcend legacy banking inequities.
The perfect collaboration of Technology, Blockchain, and Banking – is MERCO Bank as they pursue the mission of redefining finance for the new economy by building a pioneering technological bridge between the digital and traditional asset worlds.
Merco bank is passionate about helping financial institutions without minding the size, in all sectors around the world remarkably facilitate their digital transformation. Even though they are still developing, Mercobank remains the biggest and oldest digital bank in the world, the digital bank is steadily named as one of the best places to stake, save, loan, trade, and invest. Their remarkable service, low fees, versatile funding options, and rigorous security standards made all this possible.
Aside from developing the biggest digital assets bank in the world, they are also the best digital asset management company that provides super-hardened custodial services and digital investment products.
Their clients believe in the value of digital assets to create new business opportunities and transform the financial industry. They want the security provided by a regulated bank, and the tech-driven innovation and agility of a global digital asset specialist.
Mercobank empower institutional and private qualified investors, corporates, banks, and other financial institutions to invest in the emerging digital asset economy with complete trust.
They call the emergence of a trusted, secure, and efficient digital asset economy Future Finance. Every day, their team of digital asset experts is working towards Future Finance by leveraging the advantages of DLT to serve the clients with innovative products and services. They harness the power of Distributed Ledger Technology (DLT) to systematically and holistically embed digital assets into regulated banking.
Their clients work hard for their money and they work hard to keep it safe. MERCO Bank invested in the latest technology and a multi-tiered approach to help protect you from fraud, online predators, and security breaches
Via: GlobalRelease Wire