Cryptov8 will be a UK domiciled and authorised bank using blockchain technology to bridge the gap between cryptobanking and traditional banking products and services. Our technology platforms and digital assets will improve adoption and usage of cryptocurrencies globally.
The Cryptov8 project extends far beyond any existing ‘CryptoBanking’ services that exist today. Not only will we have a universal account and wallet, our project aims to streamline challenges that customers often face, which will ultimately create the best possible route for adoption of cryptocurrencies.
We intend to bridge these currently disparate worlds to provide our customers with the widest options and first class customer service.
Cryptov8 will become a global player that uses blockchain technology to bridge the gap between cryptobanking and traditional banking products and services. target customers are the existing 25m and predicted 300m-500m future global members of the cryptocurrency community although our services will be available to all.
Already significantly progressed in the process of being a bank, we are well advanced in the process of creating the technical, business and regulatory blueprint to extend our reach worldwide. The primary objectives of Cryptov8 are to improve:
Convenience – making wallet creation and access straight forward. Ability to manage all your cryptobanking and traditional banking in one place.
Trust – as an authorised and regulated bank we will apply the highest levels of regulatory principles and best industry practice to protect our customers.
Security – providing bank grade security with the ability to securely store wallet and password details to allow retrieval.
Cost – make exchange costs and withdrawals cheaper and more certain.
Reward - uniquely, our cryptobanking customers will directly receive rewards for their loyalty. will give a share of our cryptobanking fees back to our customers.
Acceptance – making cryptocurrency payment mainstream.
Education – providing easy access to educational material, knowledgebase and providing support to crypto customers.
are in the process of becoming a UK regulated, full service digital retail bank for Mortgages, Loans, Savings and Current Accounts. will serve retail and SME customers in a familiar way, whilst using blockchain technology to transform the customer experience. Blockchain technology offers massive opportunities to disintermediate many financial services payments and functions.
|“||Q3 2016: FCA approve a consumer credit license enabling us to provide personal loans and issue credit cards as well as carry out other consumer credit activities.
Q2 2017: Technology evaluation starts, full list of technology vendors considered. Application process for full banking licence begins.
Q3 2017: Extensive market research completed to identify consumer preferences, market trends and competitor offerings.
Q1 2018: Regulatory Pre-Application Process. Generation of Regulatory Business Plan.
Q3 2018: Banking platform vendor selected. Full banking licence application submitted to the Prudential Regulatory Authority
Q1 2019: Full banking licence Authorisation with Restriction granted. Crypto Wallet/Account Launch
Q3 2019: Full Banking Licence (without Restriction) granted. Banking Services Launch. Phase 1 to include: • Current Account • Savings • Unsecured Loan • Business Lending
Q2 2020: Crypto Account Services Expansion • Cryptomotiv8 (final features) • CryptoG8 (own FIAT gateway/exchange)
Cryptov8 on twitter
Cryptov8 on telegram
Cryptov8 on facebook
Cryptov8 on medium
Cryptov8 on bitcointalk
Cryptov8 on github
Cryptov8 on reddit
Cryptov8 on discord
Cryptov8 on youtube
Cryptov8 official website