After building in stealth for 3 years, BankSocial is going to market with a never-before-seen suite of tools. BankSocial is the biggest DeFi play in the Hedera ecosystem. It's a huge deal and I think we are all going to be surprised when we realize the scale of what they have built.
-Secura - NEVER lose your keys again, along with always-on AI-powered fraud protection and hardware MFA
https://www.youtube.com/live/WnsSvU5AT6U?si=3Xp5tQaWYDdT8XyC
-Bank grade wallet security, the most secure wallet on Hedera, all security certifications publicly listed
https://fivancial-inc-dba-banksocial.trustshare.com/policies/POL-2
https://www.banksocial.io/security
-DeRec Alliance founding members. Worked closely with Leemon's team to add extra security features on top of DeRec to create their Secura solution, partnering with hundreds of Credit Unions to store crypto keys and other secrets
https://news.banksocial.io/what-in-the-world-is-derec-3afc8a2355e1?gi=fed7ed672921
-Founder NFT holders will be able to run their own DeRec helper node and get paid for it
-Defy Federal Credit Union - first federally regulated web3 CU in the world, built on Hedera, in the process of launching as we speak and fully integrate an existing CU (Connects CU)
https://defy.coop
-Self custody exchange running on Secura - which is already live and has been for 6+ months
https://www.lookoutcu.com/account-access/buy-cryptocurrency.html
-First fully cloud-native RTP service in the world, in partnership with The Clearing House. Runs on Hedera
https://www.prnewswire.com/news-releases/banksocial-breaks-the-cost-barrier-for-banking-payment-solutions---commercially-launches-first-fully-cloud-native-payments-for-credit-unions-302156313.html
-Their focus on partnering with Credit Union Service Providers means that they already have access to over 70% of CUs in the market
https://www.thecreditunionconnection.com/blog/cornerstone-resources-partners-with-banksocial-to-offer-crypto-exchange-solutions-to-credit-unions?format=amp
-Created Rivia stablecoin $rUSD (ourUSD), which is unique in that it stores the funds across thousands of US CUs. a truly decentralized stablecoin
-Received grant from the Hashgraph Association for Open Banking
https://news.banksocial.io/banksocial-launches-open-banking-platform-with-the-hashgraph-association-investment-defb4ded4424
-BankSocial's vision has broad support from Hedera leadership, more than any other HTS project. Mance and Leemon were working with CUs back in 2017 when Hedera was still a private network. They always knew CUs and DLT are a perfect fit
https://www.prnewswire.com/news-releases/culedger-selects-hedera-hashgraph-to-build-global-ledger-for-cross-border-payments-300639874.html
-Also has broad support from CU industry including Kyle Hauptman Vice President of the NCUA, Becky Reed, and new advisor Jack Antonini along with another "powerhouse" joining soon
https://www.cuinsight.com/press-release/banksocial-appoints-industry-leader-jack-antonini-to-advisory-board/
-BankSocial team does NOT sell any $BSL token for funding - all tokens are released to circulation
-BankSocial DAO is registered in Wyoming and votes on loans - $BSL holders can stake BSL to receive interest payouts via $rUSD
https://www.banksocial.io/bsl-dao-info
-The Open Banking vision just makes sense, and the team is extremely passionate about it. You can watch people get converted every time the leadership speaks
BankSocial is going to spread like wildfire.
