crypto news

Block Bank

The Block Bank (BBRT) ICO event is starting on Wednesday 28th of February 2018 until Sunday 29th of July 2018 with a fund raising goal of 7.2 mln .
Block Bank

Token Sale

Token Role: Financial
Ticker: BBRT
Token Type: ERC20
ICO Price: Currently $3
Total Tokens: 28 800 000 tokens
Fundraising Goal: 7.2 mln
Exclusions: N/A
Unsold Tokens: N/A

Project/ Team

Blog: N/A
Team Size: 19
Originating Country: United Kingdom

Block Bank Project Overview

Block Bank aims to be one of the first global crypto commerical banks who will provide B2B loans to its customers to improve security and effienceny its a modern bank for the modern world, they have already applied for a banking license in many juristrictions and are well on track to make their goals for 2018.

In a community updated posted In March 2018 Block Bank had announced they had applied for the Bahrain banking license.

Block Bank has partnerships with Rock Expansion, RBC, Stellar, Swift and SpireBank of Kenya.

The Benefits of Block Bank

Faster transactions

Interbank transactions can potentially take days for clearing and final settlement, especially outside of working hours. Blockchain transactions can reduce transaction times to minutes and are processed 24/7

High quality data

Blockchain data is complete, consistent, timely, accurate, and widely available.

Transparency and immutability

Changes to public blockchains are publicly viewable by all parties creating transparency, and all transactions are immutable, meaning they cannot be altered or deleted or recovered.

Low cost

By eliminating third party intermediaries and overhead costs for exchanging assets, blockchains have the potential to greatly reduce transaction fees.


All transactions being added to a single public ledger, any wallet addresses is random characters that cannot intrinsically be associated with a specific individual. This enables a high degree of privacy when required.

Security and integrity

Blockchain is maintained by a large network of participants, no one actor can easily gain enough influence to submit a fraudulent transaction or successfully alter recorded data. Users can trust that transactions will be executed as the protocol commands removing the need for a trusted third party.

Block Bank Team

Adam Cuffe - Chief Executive Officer

Co-Founder and Project Director

Yusuf Sozi - Sales Officer

Co-Founder Business Development Africa

Stephen Widdison - Chief Operations Officer

Dmitry Machikhin - Legal Russian Markets

GMT Legal

Mark Hemmings - Business Analyst

Senior Business Analyst at HSBC