Saturday, June 25, 2022

Blockbank Extending Orion Money Partnership


With extensive experience as an electrical/software/coding engineer along with having a diverse financial background, Thomas Wettermann’s areas of interest include Machine Learning (ML), artificial intelligence (AI), and Financial Technology (FinTech). For the past few years, Thomas Wettermann has focused on the underlying technologies that support and promote all phases of cryptocurrency ecosystems.

Blockbank is proud to announce that our existing partnership with Orion Money is being extended to include a number of new projects.

These new projects represent natural extensions of our collaborative efforts first initiated last year. In describing these new projects, Ana Plotnikova, Blockbank CEO and Co-Founder stated “We are extremely excited about the partnership with Orion Money. It has been an imperative of ours to only partner with projects that complement our diverse crypto-finance product portfolio while aligning with our values and vision."

The first project involves Orion Money’s native cryptocurrency token $ORION which will be integrated into the Blockbank platform, providing Blockbank’s customers yet another staking option. $ORION is the native governance token of the Orion Money ecosystem. This token has a current market cap of about $14M, a circulating supply of just over 57M $ORION coins, and a maximum supply of 1B $ORION coins.

Blockbank’s customers will also now have the ability to utilize the $ORION token as the deposit for their debit cards. Just like an ordinary debit card, using cryptocurrency debit cards allows users to complete day-to-day transactions. To begin using this card, you will need to first top-up your crypto debit card with the digital currency of your choice. And with our new joint work with Orion Money, your top-off choice now also includes $ORION.

Blockbank debit cards offer our customers a number of market-leading advantages including cashback incentives, borrowing and lending options, free virtual cards, and no monthly/yearly fees. To entice new applicants for this card, Blockbank will waive its application fee for new applicants and will also waive any transaction fees for the first 90 days.

And then finally, developers from Orion Money will be working side by side with Blockbank developers in our “sandbox” development environment. Central to these joint development efforts will be the integration of the Orion Money dApp into the Blockbank mobile and web applications.

Vol Pigruth, Co-Founder of Orion Money, summarized the benefits of these joint efforts as follows: “We're very happy to partner with Blockbank as both our projects work for the same goal - to bring financial independence and passive income for our users. By working together Orion Money will benefit from more ways to trade $ORION token, access to Blockbank debit card and other useful features."

If you want a deeper dive into the Orion Money dApp, check out our previous Blockbank update.

About Orion Money


Orion Money’s vision is to become a cross-chain stablecoin bank providing seamless and frictionless stablecoin saving, lending, and spending. Within the Orion Money stablecoin bank, they have three main products planned — Orion Saver, Orion Yield and Insurance, and Orion Pay.

Telegram — https://t.me/Orion_Money

Twitter — https://twitter.com/orion_money

Medium — https://orion-money.medium.com/ Discord — https://discord.com/invite/5vbWB2PWeS

Website — https://orion.money/

About BlockBank


BlockBank bridges the gap and strives to provide our users with frictionless integration between traditional financial systems and CeDeFi. In short — we are bringing the full banking experience to CeDeFi. We are a user-friendly, highly functional, empowering, and future-proof tool to fulfill any of your decentralized or centralized financial needs — the all-in-one gateway to cryptocurrency. Our Robo advisor is the next generation of analytical tools, AI-powered recommendation systems, and educational materials to help our users navigate all things crypto, and make sound and informed decisions.

Telegram — https://t.me/BlockBankApp Twitter — www.twitter.com/BlockBankapp

Facebook — https://www.facebook.com/blockbank

Instagram — https://www.instagram.com/blockbankapp/

LinkedIn — https://www.linkedin.com/company/blockbankapp

Blog — https://blog.blockbank.ai/

All the views expressed on this site are those of Thomas Wettermann and do not represent the opinions of any entity with which Thomas Wettermann has been, is currently, or will be affiliated.

Trading digital financial assets such as cryptocurrencies can carry a high level of risk, and may not be suitable for all investors. Before deciding to invest, purchase, and/or trade cryptocurrency you should carefully consider your investment objectives, level of experience, adversity to risk, and volatilities. The possibility exists that you may sustain a loss of some or all of your initial investment; therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with cryptocurrency trading, and seek advice from a qualified and independent financial advisor.

Thomas Wettermann is not an independent financial advisor. Any opinions, news, research, analyses, prices, or other information contained on this website is provided as a general market commentary of Thomas Wettermann and does not constitute investment advice. Thomas Wettermann will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. All opinions expressed on this site are owned by Thomas Wettermann and should never be considered as advice in any form.

 

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.

Simplified Employee Pension (SEP) IRA: Pros and Cons With extensive experience as an electrical/software/coding engineer along with having a...