BABB

by BABB Group LTD

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Peculium

by Peculium SAS

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BABB

by BABB Group LTD

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Peculium

by Peculium SAS

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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.Peculium's goal is to use machine learning to optimize cryptocurrency investment.

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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.

Peculium is developing a cryptocurrency savings platform based on machine learning. The platform will consist of the Singulus wallet, AIEVE; an AI-optimized savings platform, and ALTERUS; an end to end smart contract designed specifically for big corporations and financial institutions. The Peculium network is powered by the Ethereum-based PCL token.

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