GlobelBit (GBNK)

GlobelBank is a commercial bank that will be built in using blockchain technology to reduce the number of counterparties.

Whitepaper

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What is GlobelBit

GlobelBank identifies two key issues faced by merchants accepting payments online: fraud/chargeback risk and capital immobilisation due to rolling reserves or long settlement times. GlobelBank aims to help its business clients to solve these issues, firstly by providing proprietary know-your-client (KYC) and fraud screening solutions as well as offering incoming payments financing (as an alternative for invoice financing).