BASIC Official Announcement Channel
471 subscribers
9 photos
57 links
The Future of Banking for Digital Age
Download Telegram
Channel name was changed to Β«BASIC Official Announcement ChannelΒ»
BASIC in New York Consensus 2019

Greetings BASIC Community.

BASIC attended Consensus 2019 in New York, May 13 to May 15.

This was the fifth annual Consensus event, a key event in crypto conferences since the very first conference in 2015. Altogether, over 8000 attendees from 119 countries β€” and more than 1,000 corporations β€” attended the conference.
This year, blockchain experts from technology, government, finance, and regulation gathered to discuss blockchain developments and practical use cases for deploying blockchain technology.

As we enter an era when traditional finance is moving towards decentralization, BASIC’s primary mission was to discuss the hurdles and challenges of crypto finance.
BASIC’s goal to is pioneer banking standards for the future.
We held productive meetings with both traditional and emerging organizations, we’re proud to add, resulting in some new meaningful partnerships. Stay tuned for forthcoming announcements πŸ™‚

The future finance, BASIC
#Community #Introduction

πŸ“„ What is Basic?

Hello, Basic Community! πŸ™‹β€β™‚οΈπŸ™‹β€β™€οΈ

Starting from today, a series of introductory articles on Basic will be uploaded. The first post that we have is a simple introduction of the Basic platform.

Check it out! πŸ‘€
πŸ‘‰ https://medium.com/thebasic/what-is-basic-6640c3607383
#Community #CROSeries

πŸ“„ What does a financial institution do?

Hello, Basic Community! πŸ™‹β€β™‚οΈπŸ™‹β€β™€οΈ

Basic's CRO series includes various insights on finance in a traditional & blockchain perspective. In this series, we aim to share with the community the existing industry insights and how blockchain aims to create value in the existing industry. Lastly, you will be able to learn what is Basic's role in the industry.

Here is the first post, check it out! πŸ‘€
πŸ‘‰ https://medium.com/thebasic/cro-series-the-role-of-a-financial-institution-9cfef7dfedac
#Community #BasicOracle

πŸ“„ Introduction to Basic Oracle

Hello, Basic Community! πŸ™‹β€β™‚οΈπŸ™‹β€β™€οΈ

Basic Oracle handles the various processes related to lending & borrowing on the platform. How does Basic Oracle facilitate the platform's features?

Check it out! πŸ‘€
πŸ‘‰ https://medium.com/thebasic/2-introduction-to-basic-oracle-33cea82172de
#Community #CROSeries

πŸ“„ Financing in Traditional Finance

Hello, Basic Community! πŸ™‹β€β™‚οΈπŸ™‹β€β™€οΈ

Basic's CRO series includes various insights on finance in a traditional & blockchain perspective. In this series, we aim to share with the community the existing industry insights and how blockchain aims to create value in the existing industry. Lastly, you will be able to learn what is Basic's role in the industry.

Let's start with "Financing", what is financing and how does it happen in the existing finance industry?

Check it out! πŸ‘€
πŸ‘‰ https://medium.com/thebasic/cro-series-financing-in-traditional-finance-604ab4b0c8f3
#Community #BasicApplication

πŸ“„ Basic Application

Hello, Basic Community! πŸ™‹β€β™‚οΈπŸ™‹β€β™€οΈ

Today's post is an overview of Basic's crypto finance application. Take a sneak peak on some of the application's core features such as those related to borrowing and lending activities.

Check it out! πŸ‘€
πŸ‘‰ https://medium.com/thebasic/basic-application-2baaf6087220
#Community #CROSeries

πŸ“„ Financing in the Blockchain Industry

Hello, Basic Community! πŸ™‹β€β™‚οΈπŸ™‹β€β™€οΈ

Basic's CRO series includes various insights on finance in a traditional & blockchain perspective. In this series, we aim to share with the community the existing industry insights and how blockchain aims to create value in the existing industry. Lastly, you will be able to learn what is Basic's role in the industry.

Now from "Financing", how relevant is this for blockchain projects? While blockchain projects can use the existing methods of financing, there are some unique methods as well. Are you interested in what they are?

Check it out! πŸ‘€
πŸ‘‰ https://medium.com/thebasic/cro-series-financing-in-the-blockchain-industry-d09cd1ca8480
#Community #BCRS #Credit

πŸ“„ Basic Credit Rating System (BCRS)

Hello, Basic Community! πŸ™‹β€β™‚οΈπŸ™‹β€β™€οΈ

Today's post covers Basic's unique credit assessment method, called Basic Credit Rating System(BCRS). BCRS allows both lenders and borrowers to access each other's credit in a convenient and systematic method.

Check it out! πŸ‘€
πŸ‘‰ https://medium.com/thebasic/4-basic-credit-rating-system-bcrs-b629a26468ab
#Community #CROSeries

πŸ“„ Characteristics of Crypto Asset Products

Hello, Basic Community! πŸ™‹β€β™‚οΈπŸ™‹β€β™€οΈ

Basic's CRO series includes various insights on finance in a traditional & blockchain perspective. In this series, we aim to share with the community the existing industry insights and how blockchain aims to create value in the existing industry. Lastly, you will be able to learn what is Basic's role in the industry.

This post is a quick dive into Crypto Assets. Crypto assets, commonly represented by Bitcoin and other cryptocurrencies, are a relatively new asset class. There has been much debate into how this new type of asset can be part of the new investing era. What are its implications?

Check it out! πŸ‘€
πŸ‘‰ https://medium.com/thebasic/cro-series-characteristics-of-crypto-asset-products-3d7b8bdc2290