Explore the words cloud of the Bitwala project. It provides you a very rough idea of what is the project "Bitwala" about.
The following table provides information about the project.
|Coordinator Country||Germany [DE]|
|Total cost||71˙429 €|
|EC max contribution||50˙000 € (70%)|
1. H2020-EU.3. (PRIORITY 'Societal challenges)
2. H2020-EU.2.3. (INDUSTRIAL LEADERSHIP - Innovation In SMEs)
3. H2020-EU.2.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies)
|Duration (year-month-day)||from 2019-02-01 to 2019-05-31|
Take a look of project's partnership.
The cryptocurrency-economy is soaring and industries in multiple countries around the world are emerging to offer businesses and individuals the services they need to make the most out of this new financial frontier. To put things in context, in March 2018, over $6.2 billion in Bitcoin was exchanged, an increase of 17.6x compared to the previous year, while in April 2018 the Chinese authorities announced a €1.3 billion fund for blockchain innovation. European startups are striving to lead this innovation as well: Bitwala is a German fintech company that has built a first-of-its-kind next generation bank account with crypto features. We bridge the gap between the crypto and fiat currency worlds by offering customers a fully licensed bank account with blockchain and cryptocurrency functions. European businesses will benefit by having access to the necessary infrastructure needed to start using cryptocurrencies to optimize their cross-border money transfers, explore different financial instruments and pave the way to start offering additional services to their customers. This also benefits European citizens, who have a safe infrastructure to invest in cryptocurrencies through a fully regulated bank account that offers a regular deposit insurance of €100,000 (and in the future a deposit insurance for crypto assets). In 2014 we founded Safaru B.V, a legal entity from which the Bitwala brand operated, transferring over €75 million for 78,000 business and private users from 120 countries around the world until end of 2017. In order to accommodate a shift in regulations, Bitwala pivoted in January 2018 to become a full crypto bank, signing a contract with a German white label bank (solarisBank AG) which provides the necessary legal umbrella. In 2020 Bitwala plans to offer other cost-effective blockchain-based assets (e.g. real estate, gold, stocks) that are not available to the general public due to high administration costs.
Are you the coordinator (or a participant) of this project? Plaese send me more information about the "BITWALA" project.
For instance: the website url (it has not provided by EU-opendata yet), the logo, a more detailed description of the project (in plain text as a rtf file or a word file), some pictures (as picture files, not embedded into any word file), twitter account, linkedin page, etc.
Send me an email (email@example.com) and I put them in your project's page as son as possible.
Thanks. And then put a link of this page into your project's website.
The information about "BITWALA" are provided by the European Opendata Portal: CORDIS opendata.
IOT and cloud computing for online medical analysis service platformRead More
COMMERCIALIZING THE FIRST HEAD-UP-DISPLAY FOR OFF-HIGHWAY VEHICLESRead More
Dyme gives its users complete control over their financial situation. The Dyme application provides insight into users’ spending and subscriptions, and lets users cancel, negotiate, or switch any contRead More