Melbourne, Australia – Aug. 17, 2018 – Crypto Mint announced the launch of the new BULLIONBLOCK™ – backed remittance system. The company’s digital currency is backed by gold and silver assets of BULLIONBLOCK Ltd.
“The company aims to be a global payment gateway pioneer in remittance and monetary transactions by providing low cost, secure, easily accessible and transparent services,” said . “Commerce plus Unity equals Community.”
Crypto Mint utilizes advanced AI blockchain technology and a FinTech electronic payment system, thereby eliminating traditional intermediaries that include banks, financial monopolies, moneychangers and remittance operators. The tokens are tied to BULLIONBLOCK™, a next generation personal backing system. The initial public offering (ICO) is set to be followed by an IPO on the Hong Kong Stock Exchange in the third-quarter of 2019. Funds raised from the ICO will be used for execution of the memorandum of understanding (MoU) to acquire a 10 percent stake in SE Asia Gold mining JV, with an world-class Australian Exploration Company.
BULLIONBLOCK LTD | Crypto Mint holds immense opportunities, with the ability to reach individuals around the world that don’t have a traditional bank account. The digital currency is particularly attractive for individuals that live or work far from conventional banking institutions. In the event of a banking disaster, the individual owns and controls their currency. Banks can’t keep the funds, control them or freeze the account. Using Crypto Mint digital money enables individuals and business owners to settle any bill immediately, with minimal transaction fees. Through the pairing of physical gold and silver, blockchain technology and Fintech payment system, it provides protection against inflation, identity theft and fraud. The digital currency is available 24/7 and can be instantly transferred internationally.
The BULLIONBLOCK™ remittance system offers access to everyone via computer or mobile device. Business owners no longer need to worry about the costly practice of chargebacks with cryptocurrency and there’s no inflation due to quantity limits that are strictly controlled.
The launch of the BULLIONBLOCK LTD Crypto Mint Exchange and its’ upcoming ICO provides individuals around the world with the opportunity to participate in a new digital currency company that offers an alternative to conventional banking systems. With the blockchain technology, Fintech platform and Bullion backed remittance, Crypto Mint is destined to help change the way that businesses conduct commerce and how individuals handle their personal banking.
The BULLIONBLOCK LTD Crypto Mint is a digital mint that disseminates a cryptocurrency backed by gold and silver bullion aiming to establish itself as an alternative option to conventional banking. Our blockchain platform BULLIONBLOCK™ will deliver fast and secure private options for remittance and financial transactions of cash and physical bullion for withdrawal, pickup or delivery.
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