Silvergate Digital Currency Bank vs BABB vs Adhara
What problem does this service solve?
Silvergate provides digital currency companies a regulated banking platform to store and leverage their holdings. | BABB will use blockchain to provide P2P banking services to clients that do not currently have access to them. | Adhara's goal is to use blockchain to allow banks to better manage risk and increase their capital liquidity. |
Token Stats
Not Relevant | Not Relevant |
Company Description
The Silvergate digital currency bank is a bank and financial infrastructure service provider that is based in California. It provides a variety of financial services to many of the largest digital currency companies and invesstors. Because Silvergate is a federally regulated bank, it can serve as compliant custody and collateral management solution for digital currency companies that need a regulated banking partner. The Silvergate Exchange Network (SEN) also enables exchanges and other institutions to leverage their Crypto holdings to receive US Dollar loans. | BABB is building a decentralized banking platform that will offer peer to peer banking services to the under-banked. The UK-based company is applying for a banking licence and is also exploring the possibility of registering in Lithuania. Their blockchain-based banking platform will use AI to assist in KYC compliance, and will implement a digital ID system that uses biometrics. BABB's network is powered by the Ethereum-based BAX token. | Adhara is a ConsenSys company that is developing a liquidity management and payment network. Adhara will allow banks and large enterprises to leverage a smart contract enabled distributed ledger to clear and settle tokenized fiat payments. |