Photo - Chainblock
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Chainblock

cryptocurrencies made easy

Italy
Market: Financial services, Blockchain, Crypto currency
Stage of the project: Operating business

Date of last change: 27.05.2020
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Idea

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

Team or Management

Incubation/Acceleration programs accomplishment

no one

Won the competition and other awards

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)

Photos

Photo 1 - cryptocurrencies made easy
Photo 2 - cryptocurrencies made easy
Photo 3 - cryptocurrencies made easy
Photo 4 - cryptocurrencies made easy
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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video
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