Silvergate Digital Currency Bank vs BABB vs Cashaa
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. | Cashaa aims to create a crypto-friendly one-stop-shop for a variety of financial and banking services. |
Token Stats
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. | Cashaa is developing a crypto friendly banking platform. Cashaa hopes to create a bank that can leverage the benefits of crytpocurrencies and provide a range of financial services to both individuals and businesses. Cashaa's blockchain-based banking platform enables its users to store, save, spend, receive, borrow and get insured, with a simplified user experience, while remaining compliant with regulatory agencies. Their network is powered by the Ethereum-based CAS token. |