The Wild West Crypto Show is Banking on Blockchain

If you want to find out how blockchain is facilitating strengthened businesses in banking and financial services, then tune in to episode 56 of the Wild West Crypto Show, which is titled ‘A Better Blockchain Banking Experience’.

Kent Kristensen, CEO of MessengerBank, and Jonathan Keim, communications director of CryptoCurrencyWire, were on the show, chatting with hosts Drew Taylor and Brent Bates about exciting new blockchain-based solutions in fintech. Advances in digital technologies, such as blockchain, are making investing, payment processing and wealth management easier and more accessible. Every week, the Wild West Crypto Show highlights a few of these advancements. Watching the show is a great way to stay on top of the fast-spinning crypto world.

MessengerBank is the bank without borders. From anywhere in the world, users can open accounts, which provide access to three types of digital assets. MessengerBank Credit Tokens (“MBCT”) are the bank’s own currency. They can be converted to and from traditional currencies and used to transfer funds at a fraction of the cost of current methods. MessengerBank Investment Tokens (“MBIT”), on the other hand, offer a stake in the bank, which has committed to distributing 40 percent of profits to MBIT holders. Finally, there is the MessengerBank Investment Token (“MBMT”), the most exotic of the three, which is an asset-backed token invested in gold (30 percent); platinum (30 percent); nickel (20 percent); and other rare earth metals (20 percent).

With the cannabis industry growing by leaps and bounds, electronic payment processing in the U.S. faces the challenge of effecting transactions without violating any laws. Payment solutions like those offered by POSaBIT make the grade. The Seattle-based fintech company offers an innovative point-of-sale system for retailers and dispensaries, many of whom are presently forced to run cash-only businesses, because they can’t open bank accounts.

Those tuning in are introduced to innovative fintech companies like these every week on the Wild West Crypto Show. So, if you want to get the lowdown on crypto and blockchain, check out the Wild West Crypto Show, now on TV in 45 cities across the nation.

To view the latest episode, visit http://ccw.fm/Cyl2C

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