ENTRY - bank system of new generation

doki16 (14)in #steemit • 7 years ago

ENTRY - bank system of new generation

What is ENTRY?
Platform Features
ICO Details
Conclusion
WebSite

In the current financial situation, all the shortcomings of the financial system. It became clear that these vulnerabilities can have a significant impact on the world market and for the development of this sphere, it is necessary to seriously take up the change of the system. Even today, the world economy is struggling with sluggish growth, slow transfer of funds across international borders, and the whole process takes quite a lot of time and money. ENTRY - a banking platform that addresses these problems, let's see what it offers.

What is ENTRY?

ENTRY is a banking platform based on the technology block. It is designed to increase the flow of crypto currency in the economy. The platform was designed as a multifunctional system for the financial sector and aimed at enabling people to use the fiat and crypto currency in their daily lives, without worrying for convenience and security. At a time when more and more people are starting to use crypto currency more and more often, the team intends to create a global bank that will combine the fiat and crypto-currencies in one place.

Objective of the project

The team aims to provide a platform that connects crypto and fiat tools in one place. Make transactions more simple, create optimal conditions for using crypts daily. Make all operations clear and transparent, provide security to your users. At the same time, improve existing methods of banking systems.

Platform Features

Existing models that work in the banking system are slow and full of intermediaries. In addition, you have to deal with counterparty risks, extensive documentation and a lot of bureaucracy.

The business model created by this project is focused on breaking existing financial models. These current models are only oriented towards tolerance, without offering consumers any real cost reduction. By eliminating intermediaries, it is possible to make the system more rapid, safe and cost-effective for all users.

The platform has a structure designed to increase the effectiveness of the use of the criterion and, thus, facilitate the conduct of transactions. The platform will give access to a set of products and tools that will help users to contribute to this.

Main functions

ENTRY is a block-based platform that has 5 main services, namely Entry.Money, Entry.Exchange, Entry.Network, Entry.Bank and Entry.Cash, which support smart contracts Ethereum, to ensure data security and transparency of transactions.

The platform interface was created using a one-stop-shop approach that provides all banking and financial services in one place.

Entry.Money - is a payment gateway fiat and crypto-currency for electronic stores.
Entry.Cash - a system of ATMs for the withdrawal of cash into cash.
Entry.Bank is a full-fledged block-bank with such services as deposit, credit, insurance, etc.
Entry.Exchange is an exchange platform for traders, which facilitates the conversion of currencies.
Entry.Network integrates complex processes in the ENTRY ecosystem, using intelligent contracts, APIs, multicurrency, wallet, and so on.

ICO Details

Ticker: ENTRY
Pre-sale: 05/03/2018 - 05/10/2018
ICO: 01/06/2018 - 31/08/2018
Soft Cap: € 2,500,000
Hard cap: 80.5 million euros
Total number of tokens: 590 000 000

ENTRY is an electronic currency that will operate within the system. It will be used for peer-to-peer transactions and micro payments, and will also become a means of exchange for the platform and the use of banking and financial services by ENTRY.

Conclusion

The platform sets ambitious goals, for example, to make the platform one of the leading providers of financial services. The ENTRY team consists of professionals in various fields (Fintech, AI, Blockchain, marketing and business development), which allows to count on a really interesting and effective result. Just imagine that the platform bypasses and improves those methods and rules that have been used for so many years. But the world does not stand still, but all the time it moves forward. ENTRY offers a platform that will meet all modern technologies, meet the needs of modern people. See the development of the project on the site ENTRY, it promises to be interesting!