German bank offers special accounts to cryptocuracy Entities

In the last few years, cryptocritis has increased in popularity; some companies, such as exchange and brokerage services deal with digital currencies, have problems with their banking providers. Banks and other financial management services have discontinued their partnership with cryptocurancity firms and closed trading accounts, making it difficult to establish reliable banking partners for Blocken companies. Now the German financial tech company, Solarisbank, is planning to provide a service called 'Blockchain Factory'. Companies dealing with cryptokurans are now a solid banking associate who understands technology.

"The blockchain factory will be used by Solarisbank to offer banking services to those companies whose business is directly or indirectly based on cryptocourrency and blockchain technology - an example of these services is the blockchain company account for the banking business of Blocken companies. 'Is,' Solarisbank explains.

In addition, services for the Global Cryptocurrency Marketplace will be made available to make Fiat currencies easy to buy and sell; Like Solarisbank 'Automated Trust Account', an automated escrow account for the Cryptocurrency Marketplace.

High demand from Blockchen World for licensed banking partner

Solarisbank has performed well since the establishment of the bank in March of 2016, and in October next, it has planned to create new banking modules in strategic partnership with MustardCard. Last March, Solarisbank increased the US $ 70 million in the Series B funding round from firms like ABN AMRO, SBI Group, Visa, BBVA and Lexter.

Solarisbank CEO Roland Folz, "Blocken is a high demand from the world for a licensed partner, which creates technical and regulatory bridges for traditional banking - as a technical company with a banking license, we are natural partners."



A hybrid future

Financial Technique Company has started its first partnership with another firm VPE Bank and both have plans to provide cryptocoaries to institutional traders. In addition, the firm will establish partnerships with cryptrocessing companies who deal with banking and debit cards within their business models.

"Fiat is not going to dissolve the world. We are moving towards a hybrid future, in which the blockchain world is still to prove itself," explains Peter Grosskoff, CTO, Solarisbank.

However, we see the disruptive power of these business models and we want to help shape the future of this industry.

What do you think about Solarisbank's new blockchain factory banking services? Do you think companies dealing with cryptosycrines need better banking providers? Let us know your thoughts on this topic in the comments section below.

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