what Banca is?
For easier understanding on what Banca is, take Wall Street for example, there are a lot of financial institutions, a lot of service providers, financial products, etc. People with money can go there and find a suitable investment for them and vendors to cooperate with. But there is no place like this in crypto world, yet, there are already many players and influencers in place. We aim to develop such platform where we could connect users with service providers, at the time utilizing technologies for rankings, honest reviews on blockchain, solving the problem of small group of elites taking over, etc.
There are many use cases of Banca platform when it comes to
Primary market
Secondary market
OTC
Fundamental services
In each market, we have our seed application, but what is more important is this is a social platform based on AI and Big Data, we are building a platform.
Lets take a secondary market for example, we have our Coin AI application, it is similar to the betterment/wealthfront model where people can use Banca token to get Robo-advisory service on what coins to buy/sell, it is tailored to different investors needs.
However this is just a seed application, our platform will attract many vendors and many people. There can be other capable people or KOL key opinion leaders who will get on Banca platform.
On the primary market there is a lot we can do. In traditional Wall Street you have Moodys, Standard & Poor who does grading for companies.
Many ICO reviews are done centrally and many paid to get a good review. Here at Banca we want to build a transparent credible ICO review platform. We are in the process of building a decentralized ICO review platform. We use ACM model to quantify people’s rewards. AI based centric metric.