Silvergate Digital Currency Bank vs BHPCash vs Cashaa
What problem does this service solve?
Silvergate provides digital currency companies a regulated banking platform to store and leverage their holdings. | BHP aims to provide cryptocurrency banking services that will be backed by the mining revenues generated by network participants. | 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. | BHPCash is the native currency of the Bank of Hash Power (BHP). The BHP platform is designed to be a decentralized cryptocurrency bank that will be based on the hashing power of the mining resources within its' network. The mining resources will be devoted to mining a variety of popular cryptocurrencies and revenues will be redistributed to the network's users. BHP has a hybrid consensus system, that will combine elements of PoS with their own Proof-of-Power (PoP) consensus mechanism. | 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. |