#Community #AMA #ICOPantera
Hello, Basic Community! πββοΈπββοΈ
On March 31st, BASIC had an AMA session with ICO Pantera, one of the most influential crypto communities in South Korea. There were a total of 14 questions, which were answered by BASICβs CSO Leon Kim. We would like to thank everyone for participating in the AMA, and here is part 1 of the translated version for our international community. Stay tuned on the channel for part 2.
Check it out! π
π https://medium.com/thebasic/ama-part-1-basic-icopantera-237219a97f85
Hello, Basic Community! πββοΈπββοΈ
On March 31st, BASIC had an AMA session with ICO Pantera, one of the most influential crypto communities in South Korea. There were a total of 14 questions, which were answered by BASICβs CSO Leon Kim. We would like to thank everyone for participating in the AMA, and here is part 1 of the translated version for our international community. Stay tuned on the channel for part 2.
Check it out! π
π https://medium.com/thebasic/ama-part-1-basic-icopantera-237219a97f85
Medium
[AMA Part 1] BASIC & ICOPantera
Summary of the AMA session held in the Korean community
#Community #CROSeries
π The Business Operations of Financial Institutions
Hello, Basic Community! πββοΈπββοΈ
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.
In many aspects, crypto assets are similar to traditional financial assets. Therefore, understanding how various financial institutions engage in business will give insights on how crypto assets can be managed by other institutions. What consists of financial institutions, and what are their business operations like?
Check it out! π
π https://medium.com/thebasic/the-business-operations-of-financial-institutions-cc248c3827a3
π The Business Operations of Financial Institutions
Hello, Basic Community! πββοΈπββοΈ
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.
In many aspects, crypto assets are similar to traditional financial assets. Therefore, understanding how various financial institutions engage in business will give insights on how crypto assets can be managed by other institutions. What consists of financial institutions, and what are their business operations like?
Check it out! π
π https://medium.com/thebasic/the-business-operations-of-financial-institutions-cc248c3827a3
Medium
[CRO Series] The Business Operations of Financial Institutions
Financial services for the individual and the business
#Community #AMA #ICOPantera
Hello, Basic Community! πββοΈπββοΈ
On March 31st, BASIC had an AMA session with ICO Pantera, one of the most influential crypto communities in South Korea. There were a total of 14 questions, which were answered by BASICβs CSO Leon Kim. We would like to thank everyone for participating in the AMA, and here is part 2 of the translated version for our international community.
We would like to thank the Korean community and ICO Pantera for their wonderful support. We look forward to communicate more with our international community as well. Please stay tuned for updates!
Check it out! π
https://medium.com/thebasic/ama-part-2-basic-icopantera-175d58b4f2bf
Hello, Basic Community! πββοΈπββοΈ
On March 31st, BASIC had an AMA session with ICO Pantera, one of the most influential crypto communities in South Korea. There were a total of 14 questions, which were answered by BASICβs CSO Leon Kim. We would like to thank everyone for participating in the AMA, and here is part 2 of the translated version for our international community.
We would like to thank the Korean community and ICO Pantera for their wonderful support. We look forward to communicate more with our international community as well. Please stay tuned for updates!
Check it out! π
https://medium.com/thebasic/ama-part-2-basic-icopantera-175d58b4f2bf
Medium
[AMA Part 2] BASIC & ICOPantera
Summary of the AMA session held in the Korean community
#Community #CROSeries
π Introduction to BASIC's CRO: Cris Kim
Hello, Basic Community! πββοΈπββοΈ
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.
Today we would like to take a short break before we move onto another deep-dive CRO series. The community has been enjoying the CRO series so far, but have we really heard anything about Cris Kim, the writer of these series? In this post is a brief interview of Cris Kim, looking into his various experiences in finance, academia... and how he eventually came to join us at BASIC.
Check it out! π
π https://medium.com/thebasic/cro-series-cris-kim-basics-chief-risk-officer-f13d53d92572
π Introduction to BASIC's CRO: Cris Kim
Hello, Basic Community! πββοΈπββοΈ
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.
Today we would like to take a short break before we move onto another deep-dive CRO series. The community has been enjoying the CRO series so far, but have we really heard anything about Cris Kim, the writer of these series? In this post is a brief interview of Cris Kim, looking into his various experiences in finance, academia... and how he eventually came to join us at BASIC.
Check it out! π
π https://medium.com/thebasic/cro-series-cris-kim-basics-chief-risk-officer-f13d53d92572
Medium
[CRO Series] Cris Kim, BASICβs Chief-Risk-Officer
A brief introduction of Cris Kim, who has been writing the βCRO Seriesβ
#Community #CREDIT #Token
π CREDIT Token
Hello, Basic Community! πββοΈπββοΈ
As discussed before, CREDIT token is the representation of a userβs credit score on the platform. Meanwhile, BASIC token is the utility token of the platform with various purposes. In this post, you will be able to learn the purpose of CREDIT token and its role in assessing user credit.
Check it out! π
π https://medium.com/thebasic/credit-token-daf4ff7ac430
π CREDIT Token
Hello, Basic Community! πββοΈπββοΈ
As discussed before, CREDIT token is the representation of a userβs credit score on the platform. Meanwhile, BASIC token is the utility token of the platform with various purposes. In this post, you will be able to learn the purpose of CREDIT token and its role in assessing user credit.
Check it out! π
π https://medium.com/thebasic/credit-token-daf4ff7ac430
Medium
#6 CREDIT Token
Literally your βcreditβ, represented by a βtokenβ
#Community #CROSeries
π The Background of Crypto Assets
Hello, Basic Community! πββοΈπββοΈ
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.
Today we are back to the deep-dive of blockchain & crypto assets in the investing context. Let us see the value proposition of crypto assets as an alternative solution to traditional currency, and how they are perceived in todayβs investing scene.
Check it out! π
π https://medium.com/thebasic/the-background-of-crypto-assets-be04335f1192
π The Background of Crypto Assets
Hello, Basic Community! πββοΈπββοΈ
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.
Today we are back to the deep-dive of blockchain & crypto assets in the investing context. Let us see the value proposition of crypto assets as an alternative solution to traditional currency, and how they are perceived in todayβs investing scene.
Check it out! π
π https://medium.com/thebasic/the-background-of-crypto-assets-be04335f1192
Medium
The Background of Crypto Assets
How Crypto Assets have come to be in todayβs investing scene
#Community #BitGo #Partnership
π BASIC x BitGo
Hello, Basic Community! πββοΈπββοΈ
BitGo is the leader in the storage of digital assets, headquartered in Palo Alto, California. It is well-known for its solutions that offer custody, security, and liquidity. How does the partnership between BASIC and BitGo work?
Check it out! π
π https://medium.com/thebasic/7-basic-x-bitgo-4e208d5c1bf9
π BASIC x BitGo
Hello, Basic Community! πββοΈπββοΈ
BitGo is the leader in the storage of digital assets, headquartered in Palo Alto, California. It is well-known for its solutions that offer custody, security, and liquidity. How does the partnership between BASIC and BitGo work?
Check it out! π
π https://medium.com/thebasic/7-basic-x-bitgo-4e208d5c1bf9
Medium
#7 BASIC x BitGo
Partnership Details with BitGo, Leader in Storage of Digital Assets.
#Community #KYC #AML
π KYC x AML
Hello, Basic Community! πββοΈπββοΈ
Today's post will cover the regulatory risk management KYC & AML compliance practices, which are generally used as preventive measures of the illegal digital asset transactions (money laundering or terrorism financing) . But how does it actually work?
Check it out! π
π https://medium.com/thebasic/8-kyc-aml-928920357489
π KYC x AML
Hello, Basic Community! πββοΈπββοΈ
Today's post will cover the regulatory risk management KYC & AML compliance practices, which are generally used as preventive measures of the illegal digital asset transactions (money laundering or terrorism financing) . But how does it actually work?
Check it out! π
π https://medium.com/thebasic/8-kyc-aml-928920357489
Medium
#8 KYC & AML
Risk Management with Know-Your-Customer & Anti-Money-Laundering framework
#Community #CROSeries
π Categorizing Crypto Assets
Hello, Basic Community! πββοΈπββοΈ
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.
Today we will be looking at the primary characteristics of the crypto assets and determine how should it be categorized and classified within the accounting system and overall in the financial ecosystem.
Check it out! π
π https://medium.com/thebasic/cro-series-categorizing-crypto-assets-115ae3daf51e
π Categorizing Crypto Assets
Hello, Basic Community! πββοΈπββοΈ
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.
Today we will be looking at the primary characteristics of the crypto assets and determine how should it be categorized and classified within the accounting system and overall in the financial ecosystem.
Check it out! π
π https://medium.com/thebasic/cro-series-categorizing-crypto-assets-115ae3daf51e
Medium
[CRO Series] Categorizing Crypto Assets
How should the crypto assets be classified and categorized, given its specific characteristics
#Community #Risk #Management
π BASIC Risk Management
Hello, Basic Community! πββοΈπββοΈ
Todayβs post will cover the Risk Management practices, that are implemented within the platform in order to establish an efficient and stable ecosystem and in order to secure all the occurring financial transactions. Let's see together the methodologies and tools, that BASIC is using to address all the associated risks, that may occur in any given financial transaction.
Check it out! π
π https://medium.com/the/9-basic-risk-management-69b15596e4f2
π BASIC Risk Management
Hello, Basic Community! πββοΈπββοΈ
Todayβs post will cover the Risk Management practices, that are implemented within the platform in order to establish an efficient and stable ecosystem and in order to secure all the occurring financial transactions. Let's see together the methodologies and tools, that BASIC is using to address all the associated risks, that may occur in any given financial transaction.
Check it out! π
π https://medium.com/the/9-basic-risk-management-69b15596e4f2
Medium
#9 BASIC Risk Management
Risk management tools exploited within the BASIC platform
#Community #CROSeries
π Unforeseen Impact of the Quantitative Easing
Hello, Basic Community! πββοΈπββοΈ
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.
Today we will be looking at the negative affects of the Quantitative Easing policy, that has been abused by the U.S government during the financial crisis of 2008. Letβs have a look together, what are the consequences to the natural economy of reckless abuse of financial tools.
Check it out! π
https://medium.com/@thebasic/cro-series-unforeseen-impact-of-the-quantitative-easing-10664ec50b55
π Unforeseen Impact of the Quantitative Easing
Hello, Basic Community! πββοΈπββοΈ
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.
Today we will be looking at the negative affects of the Quantitative Easing policy, that has been abused by the U.S government during the financial crisis of 2008. Letβs have a look together, what are the consequences to the natural economy of reckless abuse of financial tools.
Check it out! π
https://medium.com/@thebasic/cro-series-unforeseen-impact-of-the-quantitative-easing-10664ec50b55
Medium
[CRO Series] Unforeseen Impact of the Quantitative Easing
Quantitative Easing policy and its impact on financial markets
#Community #Report
π BASIC Monthly Report!
What's up, Basic Community? πββοΈπββοΈ
Greetings to the BASIC community! BASIC has prepared for you a digest of all the essential events and news for the April month. In this post, you may get familiar with the previously uploaded posts or the events, that took place during the previous month.
Check it out! π
https://medium.com/thebasic/basic-monthly-report-82a03c51fbf6
π BASIC Monthly Report!
What's up, Basic Community? πββοΈπββοΈ
Greetings to the BASIC community! BASIC has prepared for you a digest of all the essential events and news for the April month. In this post, you may get familiar with the previously uploaded posts or the events, that took place during the previous month.
Check it out! π
https://medium.com/thebasic/basic-monthly-report-82a03c51fbf6
Medium
BASIC Monthly Report
A digest of all the essential events and news for April
#Community #CROSeries
π Blockchain as a New Banking System!
Hello, Basic Community! πββοΈπββοΈ
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. Todayβs topic is sort of a sequential post and quite relevant to what, we have discussed previously. In todayβs post, we will be looking at the βBretton Woods Agreementβ, which has intensified an issue over the centralized monetary system, and made the topic of βblockchain as a new monetary systemβ very relevant.
Check it out! π
https://medium.com/thebasic/cro-series-blockchain-as-a-new-banking-system-c3a5140ade2d
π Blockchain as a New Banking System!
Hello, Basic Community! πββοΈπββοΈ
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. Todayβs topic is sort of a sequential post and quite relevant to what, we have discussed previously. In todayβs post, we will be looking at the βBretton Woods Agreementβ, which has intensified an issue over the centralized monetary system, and made the topic of βblockchain as a new monetary systemβ very relevant.
Check it out! π
https://medium.com/thebasic/cro-series-blockchain-as-a-new-banking-system-c3a5140ade2d
Medium
[CRO Series] Blockchain as a New Banking System
Blockchain as a decent replacement of an existing traditional banking system
#Community #BASIC #Loan
π BASIC Loan Product Usage Scenario!
Hello, Basic Community! πββοΈπββοΈ
Todayβs post will cover the two different scenarios of loan product usage. In fact, BASIC offers diverse types of loan products, and each has its own features. Letβs look at the assumed scenarios with two different loan products in order to observe the potential result of the usage of those products.
Check it out! π
https://medium.com/thebasic/basic-loan-product-usage-scenario-a5e9a113c131
π BASIC Loan Product Usage Scenario!
Hello, Basic Community! πββοΈπββοΈ
Todayβs post will cover the two different scenarios of loan product usage. In fact, BASIC offers diverse types of loan products, and each has its own features. Letβs look at the assumed scenarios with two different loan products in order to observe the potential result of the usage of those products.
Check it out! π
https://medium.com/thebasic/basic-loan-product-usage-scenario-a5e9a113c131
Medium
#10 BASIC Loan Product Usage Scenario
Different loan products will result in different outcomes
#Community #CROSeries
π The Crypto Assets in the era of 4th Industrial Revolution!
Hello, Basic Community! πββοΈπββοΈ
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. In todayβs post we will be looking at the regulatory and legislative side of the crypto assets, and we will see why is it important for the government to accelerate the adoption of appropriate regulations in order to further boost the advent of the 4th Industrial Revolution.
Check it out! π
https://medium.com/thebasic/cro-series-the-crypto-assets-in-the-era-of-4th-industrial-revolution-b5c2b0476546
π The Crypto Assets in the era of 4th Industrial Revolution!
Hello, Basic Community! πββοΈπββοΈ
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. In todayβs post we will be looking at the regulatory and legislative side of the crypto assets, and we will see why is it important for the government to accelerate the adoption of appropriate regulations in order to further boost the advent of the 4th Industrial Revolution.
Check it out! π
https://medium.com/thebasic/cro-series-the-crypto-assets-in-the-era-of-4th-industrial-revolution-b5c2b0476546
Medium
[CRO Series] The Crypto Assets in the era of 4th Industrial Revolution
Why is it important for the government to adopt regulations for crypto assets to boost the advent of the 4th Industrial Revolution
#Community #BASIC #Loan
π BASIC Surmounted Accumulated 12 billion KRW Loans!
Hello, Basic Community! πββοΈπββοΈ
In todayβs post, we will be looking at the BASIC Platform in the status-quo, by emphasizing the currently operating βprivate beta serviceβ and pointing out to the evolvement of the βuntactβ services, that has a significant relevance to our platform, as well.
Check it out! π
https://medium.com/thebasic/11-basic-surmounted-accumulated-12-billion-krw-of-loans-d44af4c63352
π BASIC Surmounted Accumulated 12 billion KRW Loans!
Hello, Basic Community! πββοΈπββοΈ
In todayβs post, we will be looking at the BASIC Platform in the status-quo, by emphasizing the currently operating βprivate beta serviceβ and pointing out to the evolvement of the βuntactβ services, that has a significant relevance to our platform, as well.
Check it out! π
https://medium.com/thebasic/11-basic-surmounted-accumulated-12-billion-krw-of-loans-d44af4c63352
Medium
#11 BASIC Surmounted Accumulated 12 billion KRW of Loans
The accumulated loan lent to the borrowers has already exceeded 12 billion KRW
#Community #BASIC #Crypto
πThe Rise of Digital Assets!
Hello, Basic Community! πββοΈπββοΈ
In todayβs post, we will be looking at the overall ascend of the digital finance and the manifest of digital assets in the financial ecosystem.
Check it out! π
https://medium.com/thebasic/12-the-rise-of-digital-assets-ec0ab779e0f4
πThe Rise of Digital Assets!
Hello, Basic Community! πββοΈπββοΈ
In todayβs post, we will be looking at the overall ascend of the digital finance and the manifest of digital assets in the financial ecosystem.
Check it out! π
https://medium.com/thebasic/12-the-rise-of-digital-assets-ec0ab779e0f4
Medium
#12 The Rise of Digital Assets
Ascending digital finance and the manifest of digital assets
#Community #Report
π BASIC Monthly Report!
What's up, Basic Community? πββοΈπββοΈ
BASIC has prepared for you a digest of all the essential events and news for the month of May. Follow the link and get familiar with the previously uploaded posts or the events, that took place during the previous month.
Check it out! π
https://medium.com/thebasic/basic-monthly-report-f4f2e72b6f21
π BASIC Monthly Report!
What's up, Basic Community? πββοΈπββοΈ
BASIC has prepared for you a digest of all the essential events and news for the month of May. Follow the link and get familiar with the previously uploaded posts or the events, that took place during the previous month.
Check it out! π
https://medium.com/thebasic/basic-monthly-report-f4f2e72b6f21
Medium
BASIC Monthly Report
A digest of all the essential events and news for May
[Notice] BASIC (BASIC)βs Airdrop Event for Trading
Hello Basic Community!
BASIC (BASIC) hit $10,000,000 USD in loan originations since the inception of private beta in February. This milestone achievement on top of the money lending license acquisition and new B2B2C partnerships lay solid groundworks to foster the digital asset finance industry further.
Hence, we are pleased to announce our customers that Bithumb will have an event to celebrate. We would like to ask our customersβ interest and participation in this event.
Please refer to the following event details below.
1. BASIC (BASIC)βs Airdrop Event for Trading
β Event period : 2020.07.08 (Wed) 11:00 AM ~ 2020.07.10 (Sat) 24:00 (KST)
β Event details : Bitcoin (BTC) will be distributed in accordance with each daily contribution rate during the event period.
β Provision date : A lump-sum payment will be made on 2020. 07. 20 (Mon)
Distributed BASIC can be verified on My page > My Asset.
2. Caution
β This event will be limited to trading of Basic (BASIC).
β If the transaction is considered as illegal or abnormal, you will not be eligible for the event participation.
Transaction occurred from exchange or foundationβs accounts will be considered as abnormal transactions, which will not be eligible for the event participation.
β Prime members and customers who have participated in other events on Bithumb will be excluded from this event. (Free commission fee coupon issued for the service delay will be included)
We greatly appreciate your support and look forward to your active participation.
Refer to the provided link, to get more details: https://cafe.bithumb.com/view/board-contents/1640953
Thank you.
Hello Basic Community!
BASIC (BASIC) hit $10,000,000 USD in loan originations since the inception of private beta in February. This milestone achievement on top of the money lending license acquisition and new B2B2C partnerships lay solid groundworks to foster the digital asset finance industry further.
Hence, we are pleased to announce our customers that Bithumb will have an event to celebrate. We would like to ask our customersβ interest and participation in this event.
Please refer to the following event details below.
1. BASIC (BASIC)βs Airdrop Event for Trading
β Event period : 2020.07.08 (Wed) 11:00 AM ~ 2020.07.10 (Sat) 24:00 (KST)
β Event details : Bitcoin (BTC) will be distributed in accordance with each daily contribution rate during the event period.
β Provision date : A lump-sum payment will be made on 2020. 07. 20 (Mon)
Distributed BASIC can be verified on My page > My Asset.
2. Caution
β This event will be limited to trading of Basic (BASIC).
β If the transaction is considered as illegal or abnormal, you will not be eligible for the event participation.
Transaction occurred from exchange or foundationβs accounts will be considered as abnormal transactions, which will not be eligible for the event participation.
β Prime members and customers who have participated in other events on Bithumb will be excluded from this event. (Free commission fee coupon issued for the service delay will be included)
We greatly appreciate your support and look forward to your active participation.
Refer to the provided link, to get more details: https://cafe.bithumb.com/view/board-contents/1640953
Thank you.
No.1 κ°μμμ° νλ«νΌ, λΉμΈ - Bithumb μΉ΄ν
No.1 κ°μμμ° νλ«νΌ, λΉμΈ - Bithumb μΉ΄ν μ¬μ΄νΈ μ
λλ€.
#Community #Report
π BASIC Newsletter (August Update)
Greetings to the BASIC community! πββοΈπββοΈ
With βAccelerate the worldβs transition to digital moneyβ as our mission statement, Basic. Finance has launched private beta targeting only the institutions and high net worth individuals back in February. In this newsletter, we would like to share with you our performance report throughout the last 6 months, the changes made with us facing the COVID-19 and regulatory changes toward the digital assets.
Read the full text here: https://medium.com/thebasic/basic-newsletter-august-update-edc6e821fc4c
π BASIC Newsletter (August Update)
Greetings to the BASIC community! πββοΈπββοΈ
With βAccelerate the worldβs transition to digital moneyβ as our mission statement, Basic. Finance has launched private beta targeting only the institutions and high net worth individuals back in February. In this newsletter, we would like to share with you our performance report throughout the last 6 months, the changes made with us facing the COVID-19 and regulatory changes toward the digital assets.
Read the full text here: https://medium.com/thebasic/basic-newsletter-august-update-edc6e821fc4c