May 20th, 2020 - SelfKey, the leading identity management platform, will be joined by Bank of Hodlers, another excellent cryptocurrency lending platform based in Singapore and India.
The mission of Bank of Holders is to provide the crypto holders with the power to make full use of the assets, by enabling them to use cryptocurrency in their day to day lives as well as have the cryptocurrency grow in size and value.
Bank of Hodlers aims to provide its users with a customer-centric banking solution leveraging blockchain. The platform intends to treat their user’s cryptocurrencies as a separate asset class and offer services that ensure technologies based on the blockchain are usable as of today. The Bank of Holders offers services such as insurance against theft, crypto-backed loans, and crypto credit cards.
The asset-backed lending and borrowing platform currently supports Bitcoin, Ethereum, TrueUSD and DAI.
Bank of Hodlers will be part of the upcoming SelfKey Cryptocurrency Loans Marketplace where Selfkey users can use cryptocurrencies as collateral to access fiat loans. This is an exciting prospect for SelfKey Wallet users and will revolutionize the loan industry.
We’re delighted that Bank of Hodlers is joining us to change the future of the financial industry.
SelfKey is a leading identity management system that aims to return ownership over personal data back to the individual. To achieve this, SelfKey is building a rich identity ecosystem comprising the SelfKey Wallet, the Marketplace, Login with SelfKey and the KEY token.
Bank of Hodlers is a FinTech company based on the Blockchain space to provide services such as Cryptocurrency Theft Insurance, Crypto Credit cards and Crypto-backed Loans. Interested readers can learn more about Bank of Hodlers here.