What is a Blockchain Bank? | Blockchain International Corporate Registry Authority

Starting Your Own Bank in the Netherlands

What is a Blockchain Bank?

Real World Implementation To Achieve Your Dreams

Discover how Blockchain Bank & Capital Trust is merging traditional banking with blockchain's security and transparency on the Polygon network. Unlock the future of banking with decentralized solutions, smart contracts, and global accessibility.

A blockchain bank, as pioneered and created by the Blockchain International Corporate Registry Authority, and Blockchain Bank & Capital Trust, integrates the traditional banking model with the revolutionary technology of blockchain. This hybrid operates on a foundation that prioritizes decentralization, security, and transparency, enabling it to offer a broad spectrum of banking services.

These services include but are not limited to: super fast, low cost, cross border payment facilities without intermediaries, and without the need for SWIFT, merchant accounts, savings and checking accounts, credit card issuing, loan origination, asset management, payment processing and tokenization of Real World Assets (RWAs).

Explore Blockchain Bank & Capital Trust's seamless cross-border payment solutions.

Details on the Blockchain Bank's Operations and Benefits

Now you can enjoy rapid settlements, 24/7 transfers with full transparency, no intermediaries, and flexible currency options in FIAT and Crypto.

Join the financial revolution and elevate your global transactions with our secure blockchain technology.

The hallmark of Stephan Schurmann's Blockchain Bank & Trust lies in its transaction processing and record-keeping:

Every transaction is encrypted, distributed across a network, and recorded on the Polygon network's blockchain, ensuring unparalleled security, operational efficiency, and, in some cases, enhanced privacy.

Unlocking the Power of Blockchain Banking

A blockchain bank integrates the traditional banking model with the revolutionary technology of blockchain.

This hybrid operates on a foundation that prioritizes decentralization, security, and transparency, enabling it to offer a broad spectrum of banking services.

These include savings and checking accounts, loan origination, asset management, and payment processing and much more without any intermediary bank for ultra-fast, and low-cost cross border payments on web3.

What does it allow you to do?

Blockchain banking empowers users with functionalities that transcend conventional banking limits:

Faster Cross-Border Payments: Leverages cryptocurrencies and tokenized assets for swift and economical international transfers.

Enhanced Security: Utilizes advanced encryption and the inherent security of distributed ledger technology to safeguard transactions and minimize fraud.

Greater Transparency: Ensures that each transaction is verifiable by all parties involved, recorded indelibly on the blockchain.

Accessibility: Extends banking facilities to the unbanked or underbanked, requiring only internet access to participate.

Smart Contracts: Facilitates the execution of contracts and transactions automatically, reducing dependency on intermediaries and expediting processes.

Regulatory Insights for Blockchain Banks

The regulatory landscape for blockchain banks is intricate and varies by jurisdiction, reflecting the innovative nature of blockchain and decentralized finance (DeFi).

While blockchain banks may fall under the oversight of traditional financial regulators, Stephan Schurmann has pioneered a decentralized Blockchain Corporate Registry.

This registry operates on the Polygon network, enabling the registration of blockchain entities through smart contracts and transaction hash number as Proof of Work (POW).

This approach not only simplifies compliance with international anti-money laundering (AML) and know-your-customer (KYC) standards but also aligns perfectly with the ethos of DeFi by abstaining from centralized control.

In which jurisdiction can a Blockchain Bank be established?

Selecting a jurisdiction for a blockchain bank is influenced by regulatory climate, political stability, economic conditions, and the availability of technological infrastructure.

Importantly, the capital requirements and regulatory adherence for acquiring a bank charter play a crucial role. Jurisdictions like Switzerland, Malta, Gibraltar, Estonia, and specific states in the USA, such as Wyoming, have emerged as blockchain-friendly havens.

They offer clear regulatory frameworks and incentives for blockchain ventures.

Our legal experts are on hand to guide you through these considerations, ensuring a jurisdiction that best suits your blockchain bank's needs.

Can it be established directly on the Blockchain without Central Authority?

Absolutely!

Our innovative approach allows for the registration and operation of Decentralized Blockchain Banks & Trusts directly on the Polygon blockchain.

This method significantly simplifies the launch process for your banking venture, bypassing traditional bureaucratic hurdles.

Within as little as 24 hours, we can set up your online banking platform, complete with API keys and a private label Visa/MasterCard program, all under our "Banking as a Service" (BaaS) model.

This turnkey solution includes licensing and circumvents the conventional red tape associated with bank establishment.

What are the Activities of Blockchain Banks & Trusts, and their Trustees?

A Blockchain Bank & Trust is a safe holding for any of your property, including real estate, digital asset management, investment banking trusts, capital trusts, etc.

Bank Trusts have vivid uses ranging from personal to commercial reasons; they also assist in estate planning, asset protection, taxes, etc. Bank Trusts can be established during someone's life (by drafting a trust instrument) or even after their death through a will.

A Bank Trust can be seen as a generic form of a corporation where the settlors (investors) are the beneficiaries.

It is particularly evident in the Blockchain Bank & Trust, where a "governing trust instrument" is organized to operate your Blockchain Bank & Trust like an Investment Banking Trust or an Asset Management Trust but with much higher protection levels for your assets than any regular LLC or corporation.

Blockchain Bank Trustees

A Blockchain Bank & Trust may have multiple trustees, the legal owners of the Bank Trust's property. Still, all of them have a fiduciary duty to beneficiaries and various duties, such as a duty of care and information.

Trustees can also be removed through the legal process if they fail to adhere to these duties. Trustees can be a person or a legal entity (like a company). The trustee's rights and responsibilities vary depending on the jurisdiction and trust instrument. If a trust doesn't have a trustee, a court appoints one.

The trustees administer the affairs attendant to the Blockchain Bank & Trust.

The Blockchain Bank & Trust's affairs include the following:

Carefully investing the assets of the Bank Trust,
Required to maintain, account, and report periodically to the beneficiaries
Depending upon the trust instrument, sometimes trustees make discretionary decisions concerning whether beneficiaries should receive Bank Trust assets.

A trustee can also be held liable for problems. However, fiduciary liability insurance can be purchased to avoid such impediments.

Blockchain Bank & Trust Purpose & Activities

The activities of your Blockchain Bank & Trust include, but are not limited to:

Digital Asset Management
Custodian & Fiduciary Services
Trust Services
The use of Blockchain Technology to Issue and Track Corporate Shares
To operate as an Investment Banking Trust
To operate as a Real Estate Investment Trust
To run a funding company focused on financial technology tools
To incorporate, participate, manage, and supervise enterprises and companies
To render guarantees and to bind the company or its assets on behalf of enterprises and companies with which the company forms a group
To render services to companies and enterprises
To issue commercial assured financial guarantees
To finance enterprises and companies
To lend and to borrow money
To obtain, alienate, manage, and exploit real estate and items of property in general
To exploit, hold, trade, or invest in patents, licenses, know-how & rights of intellectual property
To perform all kinds of industrial, financial, or commercial investment fund activities
To offer Trust services including but not limited to:
- holding real estate assets
- holding bond assets in a trust
- opening investment & trust accounts
- taking deposits from clients across the world
- disburse loans
- invest client's assets on the stock market and
- provide all investment services as the Trustees find necessary

The Trustees are responsible for managing the business and affairs of the Blockchain Bank & Trust.

It further includes:

(1) property (real, tangible, and intangible) is held, managed, administered, invested, and operated; or

(2) business or professional activities for profit are carried on by one or more trustees for the benefit of the trustor entitled to a beneficial interest in the Trust property.

And to do all that is connected therewith or may be conducive thereto, all this to be interpreted in the broad sense.

Enhanced Support and Services

To complement our turnkey solutions, we offer extensive support and additional services:

Technical Infrastructure Setup: Detailed guidance on establishing and securing your blockchain bank's technical framework.

Compliance Advisory: Ongoing consultation to navigate the evolving landscape of AML and KYC regulations effectively.

Operational Management Support: Assistance with day-to-day operations, from customer service frameworks to backend management.

Case Studies: Access to a repository of case studies highlighting successful blockchain bank setups, offering insights into best practices and outcomes.

Conclusion

Our blockchain banking solution redefines financial services, combining the robustness of traditional banking with the innovation of blockchain technology.

By choosing our group and team of experts, you embark on a journey to establish a blockchain bank that is secure, transparent, and bound by no geographical limits.

Our team of experts and our CEO Stephan Schurmann, are ready to guide you through each step, ensuring a seamless setup and operation.

Transform the future of banking with a partner that understands the intricacies of both finance and technology.

Unlocking Opportunities with Ready-Made Banks for Sale

Banking as a Service (BaaS): Unlock the potential of owning an offshore bank or blockchain bank with Blockchain Bank & Capital Trust's unique offering.

For just $49,000, you can acquire a turnkey investment bank or fund, complete with an online banking platform, API keys, and a private label Visa® and MasterCard® program.

Ready for operation within 24 hours, this is a fast track to entering the lucrative world of financial services.

Plus, with our interest-free lease-to-own option, you can start with just $25,000 down and pay the balance over 24 months at $1,000 per month.