Company Overview
- Headquarters
- 123 Satoshi Rd, Las Vegas NV
- Website
- bank.bitcoininc.co
- Employees
- 5
- Founded in
- 2017
- Industry
- Bank
Financials & Stats
Revenue
$1B
Who is Bitcoin Bank
Bitcoin Bank is a small, Las Vegas-based company with fewer than 5 employees and revenue of $0.5 million. It operates as a technology provider, offering a suite of tools designed to build self-operating, autonomous banks. The company's core offering is a set of technologies including an API, a mobile banking app, a digital coin (BANKcoin), and a bank card. These tools enable users to launch their own Bitcoin banks, which can then accept deposits, transfer funds, issue banking cards, and offer a range of financial services such as savings, loans, investments, title services, and notary services. Bitcoin Bank differentiates itself through its unique blockchain-based approach. Users can establish their own Bitcoin banks by purchasing BANKcoin, launching the BANKapi, distributing the MOBILE BANKapp to customers, and utilizing Bitcoin ATMs for deposit processing. BANKcoin is purchased at Bitcoin ATMs, which convert cash into Bitcoin and deposit it into the Bitcoin Bank Reserve. A SwapBot Smart Contract then sends BANKcoin tokens to the user's account, creating a BTC reserve for the bank and generating new BANKcoin tokens for each deposit. To learn more about Bitcoin Bank and its services, visit their website at bank.bitcoininc.co.
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