Europe’s financial system has been undergoing massive reform over the past few years. The purpose of these reforms is to strengthen supervision and stabilize the financial market on the one hand, and to prevent future financial crises. On the other hand, digital assets are becoming more and more popular, and many users’ demand for cryptocurrency transactions is increasing. European banks have to carry out reforms to promote the integration of traditional finance and digital finance to meet the needs of customers.
Pay Box is an independent third-party mobile payment application platform provider for banks in Sweden. It has served many established banking and financial institutions in Europe and the United States for a long time. It uses a unified call interface and can realize cross-account, cross-industry, and cross-application without special transformation of partners. financial services. Banks served by Pay Box include BNP Paribas, Deutsche Bank, Barclays, JP Morgan, Santander, Lloyds, Wells Fargo, UBS, ING, Most of the banks and financial institutions served by UniCredit Bank are among the world’s top 100 banks, with total assets exceeding US$10 trillion.
Over the past few years, the rise of the cryptocurrency market has attracted more and more attention. The potential of cryptocurrencies is great, but mainstream adoption of cryptocurrencies by traditional banks and financial institutions is still limited due to technical issues. More and more banks have begun to explore the possibility of integrating cryptocurrencies into their business models. Therefore, Pay Box has launched the world’s first Pay Box with decades of experience in traditional financial services and 6 years of blockchain underlying technology accumulation. Box cryptocurrency bank, and officially launched on May 9.
The Pay Box cryptocurrency bank is opened by South Korea’s top blockchain technology team led by financial expert Professor Li Xuzai, and it is the world’s first cryptocurrency banking system that adopts the X86 distributed architecture. Pay Box will promote the integrated development of digital + traditional finance, that is, the integration of banking, securities market and insurance to break down national border barriers. Digital banks in major countries around the world have formed cross-platform integrated payment channels, digital bank cards with independent IDs, decentralized quantitative systems, and global foreign exchange systems. In the independent public chain system, Pay Box uses the decentralized wallet as the main body and social integration to create the first metaverse cryptocurrency bank in the blockchain.
The biggest feature of Pay Box cryptocurrency bank is to provide cryptocurrency trading and fiat currency to cryptocurrency exchange on a global scale. Simply put, Pay Box users are able to buy and sell cryptocurrencies, or easily convert cryptocurrencies to your local fiat currency at real-time exchange rates. The BOX chain, a financial-grade security public chain built by Pay Box, helps users to use cryptocurrencies for transactions, just as easy as using a credit card. Within minutes, users can complete cryptocurrency transactions, or exchange their cryptocurrencies for local fiat currency and deposit them in their bank accounts. At the same time, Pay Box cryptocurrency bank will provide cryptocurrency payment services. By cooperating with many well-known brands and shopping malls around the world, Pay Box Cryptocurrency Bank will provide convenient and fast cryptocurrency payment processing services. Customers can pay with cryptocurrencies, and in the future, they will even be able to withdraw cash at offline cryptocurrency ATMs.
Relying on the excellent reputation and financial service experience of PayBox’s long-term cooperation, PayBox is ready to launch business in more than 200 markets around the world, and guarantee the security of customer assets through strong financial institution partners.
Join the cryptocurrency revolution, right here at Pay Box.