Melbourne, Australia – September 14, 2018 – A new start-up company, Crypto Mint | BullionBlock announced the launch of the new BULLIONBLOCK LTD headquarters in Hong Kong – a Bullion backed money services powered by Blockchain. The company’s digital remittance currency is to be protected by gold and silver bullion and will operate on the Blockchain technology.
The company aims to become a global payment gateway pioneer in remittance and monetary transactions by providing low cost, secure, easily accessible and transparent services. “Commerce plus Unity equals Community.” Said Ashley Ward.
BullionBlock will utilize advanced AI blockchain technology and a FinTech electronic payment system, thereby eliminating traditional intermediaries that include banks, financial monopolies, moneychangers and remittance operators. BULLIONBLOCK, a next generation digital banking platform.
BULLIONBLOCK plans to re-balance the current problems that everyone is experiences when sending or receiving money. Current Money Transfer Operators go through banks in order to operate. This is where BULLIONBLOCK see an opportunity to streamline the process by removing banks all together. This is made possible by the blockchain technology.
The company plans to hold a Token Distribution Event (ICO) that is set to be followed by an IPO on the Hong Kong Stock Exchange in the third-quarter of 2019. Funds raised from the ICO will be used for execution of the memorandum of understanding (MoU) to acquire a 10 percent stake in SE Asia Gold mining JV, with an world-class Australian Exploration Company, and to submit applications for a Digital Banking License and the Money Service Operators License (MSOs) from the Commissioner of Customs & Excise Department (CCE) of Hong Kong.
BULLIONBLOCK LTD | Crypto Mint holds immense opportunities, with the ability to reach individuals around the world that don’t have a traditional bank accounts. The digital currency is particularly attractive for individuals that live or work far from conventional banking institutions. In the event of a banking disaster and or a market correction were currencies loose value as we witness across the world today, the individual users of BULLIONBLOCK own and controls their Crypto Mint bullion backed currency. Banks can’t keep the funds, control them or freeze the account.
Using Crypto Mint digital money enables individuals and business owners to settle any bill immediately, with minimal transaction fees on offer. Through the pairing of physical gold and silver, blockchain technology and Fintech payment system, it provides protection against inflation, identity theft and fraud. The digital currency will be available 24/7 and can instantly transfer money internationally from the BULLIONBLOCK App on any phone.
The BULLIONBLOCK remittance system will offer access to everyone via computer or mobile device. Business owners no longer need to worry about the costly practice of chargebacks with cryptocurrency and there’s no inflation due to quantity limits that are strictly controlled.
The launch of the BULLIONBLOCK LTD Crypto Mint Exchange crowd funded from its’ upcoming Token Sale provides individuals around the world with the opportunity to participate in a new digital currency company that offers an alternative to conventional banking systems.
With the blockchain technology fintech platform and the Bullion backed remittance services, BULLIONBLOCK is destined to help change the way that businesses conduct commerce and how individuals handle their personal banking.
The BULLIONBLOCK LTD Crypto Mint is a digital mint that disseminates a cryptocurrency backed by gold and silver bullion aiming to establish itself as an alternative option to conventional banking. The blockchain platform BULLIONBLOCK will deliver fast and secure private options for remittance and financial transactions of cash that will be protected by physical bullion worldwide.