The Blockchain Factory promises to provide the technological and regulatory bridge between the Banking and Blockchain world. Also, you want to be a specialized infrastructure Partner with a banking license for cryptocurrency and Blockchain-companies. The Blockchain Factory, the Solaris Bank wants to drive the Vision of the decentralized and contextual banking.
Solaris Bank, the first Banking platform with a full banking license, it starts at the 28.06.2018 with your “Solaris Bank Blockchain Factory”. The Berlin-based technology company is expanding its offer and creates a technological and regulatory bridge between the Banking and the Blockchain world. The Solaris Bank is the specialized infrastructure provider for companies in the crypto – currency and Blockchain industry. Roland Folz, CEO of the Solaris Bank, is optimistic:
“The Solaris Bank for over two years, contextual Banking and modern financial services to be integrated via interfaces (APIs) in the existing range of enterprises and made available to customers when and where they need them. Offers in the area of the Blockchain and crypto-currencies by means of the ‘Solaris Bank Blockchain Factory’ is the next strategic step. There is great demand from the Blockchain-the world is a licensed Partner of the making the technological and regulatory connection to the traditional Banking as a technology company with a banking license, we are the natural Partner.“
According to the press release, the Solaris Bank wants to offer with the Blockchain Factory, Banking services for companies whose business, directly or indirectly, to crypto-currencies and Blockchain technology is based. For this purpose, the “Blockchain Company Account” for the Bank transactions from the Blockchain-companies.
In addition, services for global trade to be places of crypto-currencies made available, to facilitate the sale and purchase of Fiat currencies, via, for example, the “Automated Trust Account” of the Solaris Bank, an automated escrow account for the market places of crypto-currencies.
This works together with the vPE Bank: Together, the Solaris, the Bank and the PU wants to offer to the institutional trading of crypto currencies. Other companies customers of the Solaris Bank currently additional services in the area of Digital Banking and debit cards for Blockchain-companies. The company promises to combine crypto-currency wallets and Bank accounts in an offer.
Hybrid future of the Fiat – block-chain world by Solaris Bank
Peter Grosskopf, CTO of the Solaris Bank, sees a hybrid future of the Blockchain and Fiat:
“The Fiat world will not dissolve. We are moving towards a hybrid future, in which the Blockchain-the world still needs to prove it. In the case of the Solaris Bank, we see the disruptive power of the business models and want to contribute to the future of this industry as we are able. It was always the role of banks, assets of their clients in confidence to keep. This role will have to take over banks even in the age of a Blockchain-technology-driven decentralization. We provide the infrastructure, to combine traditional Banking with modern digital Offerings.“
With the establishment in March 2016, the Solaris Bank was one of the first financial technology company with a full banking license. Since then, the company has established its “Banking-as-a-Platform” – concept international. Offers in the area of the Blockchain and crypto-currencies by means of the “Solaris Bank Blockchain Factory” are the next strategic step. In addition to the cooperation with vPE Bank, other partnerships are already in the process of implementation and are expected to go in the course of the year.