Chainblock, the 1st operator of cryptocurrency ATMs in Italy, aims to provide this service leveraging on its competences in the blockchain and cryptocurrencies domain and, consequently, to address the existing massive
. The platform will allow purchase and sale of cryptocurrencies through a user-friendly multichannel service accessible through the internet, ATMs or POS interface, using a personal wallet to ensure protection against potential fraud. At the same time, the Chainblock integrated platform will be able to scale up the B2B market
Current Status
The endorsed challenge is to develop a platform that
Problem or Opportunity
its a scalable business in any segment we have a lot of opportunity and some problem all in respect to regulators we are ever compliance 6 month - 1 year before come the law
Solution (product or service)
Under the scope of this project, Chainblock aims to take to the market a next generation tailored platform application service for digital payment that will guarantee B2B or B2C customers a seamless
interaction experience with an omnichannel portfolio of cryptocurrencies/cryptoassets purchase, payment and exchange services that will match offer and demand of cryptocurrencies/cryptoassets without transactions frictions, due to the absence of any performed activity of money keeping from Chainblock itself. In fact, as securit
Competitors
Competitors assessment CHAINBLOCK is going to offer its innovative services in the cryptocurrencies market after a deepen evaluation of all the characteristics of existing direct competitor and indirect competitors that operates in different geographical markets (mostly U.S., Europe and Asia). Competition in the cryptocurrency transaction services is mostly based on the efficiency and security of the solutions offered to daily perform purchase and selling of cryptocurrencies. In addition, it is also relevant, as main competitive advantage, the diversification of the services
Advantages or differentiators
we propose the best and complete solution for buy and sell crypto with:cash, wire transfer and credit cards. The experience acquired in this years give us possibilities to create ever new concept business in cryptocurrencies world on token economy with guaranteed blockchain process
Money will be spent on
in 7 years on Blockchain market 580.000€
Offer for investor
The project is a single entity proposal involving one participant, namely Chainblock S.r.l., who will deliver the CHAIPLAT project with the support of three subcontractors, as specified in the table below. The project will deliver excellent value for money for the EU while addressing a key social and market-emerging challenge. The total project cost is
yes 2016 entrepreneurs Innovation of the year (premio Gaetano Marzotto 2016) 2019 Airathon (The first hachaton with Aeronautica italiana) 2020 (best innovation e-money) (BNP Paribas bank)