The Future of Financial Services is Coming Sooner than Expected
To no one is it a secret that the FinTech industry has been growing at an accelerated rate since its beginnings in the late 00s. Nevertheless, the hype surrounding distributed ledger technologies and digital currencies like bitcoin has significantly dimmed ever since. A lot of users, perhaps misguided by the initial hype, used instruments like cryptocurrencies for financial speculation. Faced with the reality of an inevitable crash in such assets, many came to doubt the potential of distributed ledger technologies and FinTech startups, coming to the conclusion that it would be very long until digital currencies could become a viable alternative.
Against all odds, however, the FinTech industry has been growing at an incredible pace in the last couple of years. Millennials and Gen Zers in particular have been driving the market, with the majority of them starting to partially or fully replace their regular banking services with new technologies, and some of them skipping traditional banking branches altogether. Although many still deny that traditional banks could be under any serious risk anytime soon, the game seems to be changing faster than expected.
Konzortia Capital promises to be the game changer when it comes to new financial technologies and services. With the prompt release of our SBank platform in the horizon, we’re reaching the next big step towards our goal of redesigning the financial industry from its foundations. SBank is going to open a new set of possibilities, by allowing users to use their regular fiat currencies as digital currencies, with the flexibility and security that only distributed ledger technologies are able to provide.
Services that were not possible just a few years back, are going to be on the users’ hands, and incredibly easy to use in a matter of months. These services include real time global transfers at little to no cost, the management of multiple accounts in multiple currencies with fast exchange at a market rate, online digital debit and credit cards, contactless payments and much more. All of this will take place within Konzortia Capital’s Distributed Ledger (KCDL) framework, leading to a seamless interconnection with other services offered by Konzortia’s subsidiaries, which include a platform for global capital raising and trading as well as a secondary market of digital stock-like equity assets.
In Konzortia Capital, we remain thoroughly committed to our vision of revolutionizing the financial industry, by making it more efficient, strongly interconnected, and widely inclusive, dynamizing economies around the world and giving people a new landscape of financial opportunities. We invite those who share this vision to find more about our business model, our new asset class and our funding campaign, as well as how visionary investors can benefit from it. Do so by visiting www.konzortiacapital.com and www.konzortia.capital.