BANKEX is building a new blockchain technology that enables the creation of Smart Assets, which is the beginning of developing a new generation of decentralized capital markets.. The company devises the Internet of Assets (IoA) — the online platform that allows to tokenize real assets. It works on the principles of Bank-as-a-Service (BaaS) by implementing Internet of Things (IoT) and Artificial Intelligence (AI) technologies to to monitor conditions of the assets and keep track of the asset evaluation proces. These technologies can create various types of Smart Assets, which can be bought and sold worldwide.
The company is developing a new tokenization technology that uses the blockchain technology to offer advanced Proof-of-Asset protocol for the financial markets. By using Smart Contracts, BANKEX may digitize various types of assets like portfolios including real estate, ensures that the asset is validated, turns it into a token, and places it on the market for trading. Liquidity in form of cryptocurrencies or even fiat money is is only a click away from asset owners. It provides investors the access to capital and guarantee clear cashflow. BANKEX is supported by 9 banks with a total capitalization of 431 billion dollars and has its own research lab to develop new blockchain applications.