- Intellabridge Technology Corporation (INTL) has launched Kash, its global neo-banking platform powered by decentralized finance
- The platform includes a savings account, checking account, and investment account powered by advanced technology
- Intellabridge has also added new features to Kash since the launch of its Beta version in June
- Intellabridge Technology is a digital bank based on blockchain technologies
- Intellabridge Technology Corporation (INTL) is up 7.96 per cent, trading at $1.22 per share
Intellabridge Technology Corporation (INTL) has launched its global neo-banking platform powered by decentralized finance.
Kash brings secure financial blockchain solutions to the mainstream economy in a way that provides its worldwide customers with financial independence, purchasing power, stability, and security.
“We are solving the problem of legacy banking built on payment rails which are slow and expensive,” said Intellabridge CEO John Eagleton.
The platform includes a savings account, checking account, and investment account powered by advanced technology that provides customers with real-time transaction settlement, improved accessibility, and lower fees.
“Neo-banks have done a good job of disrupting traditional banking by making the existing payment rails more efficient,” continued Mr. Eagleton, “but the best way to solve the legacy system is by replacing it with a better more secure technology which allows for payments at a fraction of the cost.”
The checking account is designed to offer customers a seamless payment experience with lower transaction fees and instant settlement based on stablecoin smart contract technology.
The savings account is based on stablecoin currencies leveraging new DeFi money markets to provide a simple and secure way to save in US dollars and earn high-yield interest at a stable rate using best-in-class blockchain technology.
The investment account brings the world’s assets to the blockchain including traditional financial assets such as stocks, bonds, indexes, and investment funds, as well as physical assets, such as real estate, commodities, precious metals, art, and other illiquid assets.
Kash is built on Web3, the next generation internet, which is more decentralized, verifiable, and secure, and gives users ownership and power over their identity, data, and transactions.
Intellabridge has added new features to Kash since the launch of its Beta version in June, including increased security and improved accessibility.
Overall, Intellabridge wants to make it easier for customers to move assets into the Kash platform from traditional financial institutions and other decentralized ecosystems like Ethereum.
Next in the development pipeline are features such as affiliate and referral marketing programs, gift cards with major retailers, additional languages and local market stablecoins, and more.
Intellabridge Technology is a digital bank based on blockchain technologies.
Intellabridge Technology Corporation (INTL) is up 7.96 per cent, trading at $1.22 per share as of 9:31 am ET.
