[Note: This is a press release.]
In a statement about the new agreement with BANKEX, the Confideal Confideal’s CEO Petr Belousov claimed:
Together we will increase simplicity of smart contracts creation and get access to global capital for more product owners in different countries.
BANKEX creates a unique Proof-of-Asset Protocol that will be used by originators and local tokenization systems all around the world. Smart assets tokenization is usually a complicated process and requires technical help.
BANKEX’s special division, called BANKEX Foundation, unites engineers and builds an ecosystem to implement blockchain technologies for the purpose of commercial integration.
Confideal will be partners with BANKEX Foundation, enabling them to further simplify the smart contract creation process. Thus, Confideal will be able to get a lot of new clients who will work with BANKEX and will be in need of Confideal’s services.
BANKEX Proof-of-Asset protocol (PoA) is a standard that enables a new generation of assets and contracts called Decentralized capital markets. BANKEX is building the Internet of Assets (IoA) on the principles of Bank-as-a-Service (BaaS), powered by the Internet of Things (IoT) and Artificial Intelligence (AI) technologies. PoA protocol is open for 3rd party fintech providers, AI and IOT labs, traditional financial institutions, and asset owners.
Conﬁdeal is a visual smart contract builder that makes creating, managing and enforcing smart contracts quick and easy. Users with absolutely no coding skills can create an enforceable, self-executing and secure digital agreement powered by Ethereum for all types of transactions. The platform’s built-in arbitration module allows contract parties to resolve disputes in the Conﬁdeal environment using top-rated arbiters without the need to reveal any personal data. It offers a revolutionary opportunity for enterprises, small companies, and individuals to execute deal without the need for costly and delay-inducing intermediaries.
Images courtesy of Confideal