A secure way of handling bank authentication and transactions using blockchains and decentralized storage.
- Secure
- Safe
- Fast
- Bank creates an account of a new user on the basis of his KYC.
- There will be different papers, assets linked to this account contract
- Before generation of any letter of credit, visa application, etc it'll only happen after proper proof of funds/asset.
- Generated letter will be a digital entity linked to your account contract which people can see.
- Can also send monney to other account contracts through my account.