BullionBlock exists to create a new banking experience — one that is diverse, transparent and honest. We will challenge industry norms by empowering our team to build FinTech products with a clear benefit to all people and the global community. We are building a global platform based on open banking principles that will constantly evolve to deliver new personal digital experiences for everyone.
In 2019, BULLIONBLOCK LTD. is set to launch the first global FinTech backed by physical Bullion on Blockchain. The company will embrace emerging payment innovations to offer differentiated value-adding digital experiences; this will deepen the relationships with our users that will lead to a dominant place for BullionBlock in the changing global financial industry market landscape.
BullionBlock is the world’s first digital banking platform backed by Gold and Silver assets allowing anyone, anywhere, to achieve financial autonomy free from the clutches of third parties such as banks, payment processors, and credit networks. The BullionBlock aim is to make mobile personal banking and payments easy, accessible, and coordinated on our highly efficient, Blockchain platform.
BullionBlock will deliver a seamless financial ecosystem that combines an evolved regulatory blockchain algorithm with artificial intelligence to finally put financial power back where it belongs – in your hands!
BullionBlock is a highly scalable business model, our conservative financial forecasts outlined in the White Paper show how the company will yield cumulative net profits in excess of $700M in the first five years (2020-2025) of operations while maintaining adequate levels of liquidity. Our business plan creates more annual profitability and amazing growth opportunities while avoiding high cost increases by maintaining low operating overhead.
The business plan strategies will increase customer base signups for online banking and remittance services resulting in scalable revenue potential through the Blockchain labor-saving technology. Our financial forecasts show a ROI of 629% by the year 2025.
The BullionBlock staff are an international, culturally diverse gifted team of experienced business people, financial services experts, technologists, creative’s, academics, mining industry experts and effective managers, designing the future of mobile money services.
BullionBlock’s founders are members of FinTech Australia, the peak body for the Australian financial services, technology and innovation sectors. The founders are also members of the Blockchain Association of Australia, which aims to educate, develop and empower the Blockchain community of Australia and connect with both global leaders and best practices worldwide.
The company is a member of the FinTech Association of Hong Kong (FTAHK), which represents the Hong Kong and global FinTech communities, and is based on pillars of transparency, accountability and good governance. Lastly, BullionBlock is registered with Australia’s AML/CTF regulator, the anti-money laundering and counter-terrorism financing intelligence agency, AUSTRAC.
BULLIONBLOCK LTD is incorporated in Hong Kong and registered in Australia with further incorporation plans in other jurisdictions, starting with Singapore (ANICETUS Pte. Ltd) and Malta (BULLIONBLOCK LTD). The company will launch its own decentralized cryptocurrency exchange; the Crypto Mint Exchange (CMDEX), that will operate from Melbourne, Australia.
The BullionBlock money services Blockchain platform will operate a worldwide Gold and Silver Bullion-backed FinTech by obtaining a Digital Banking License and the Money Service Operators License (MSOs) from the Commissioner of Customs & Excise Department (CCE) of Hong Kong, and a Money-Changer and Remittance License from the Monetary Authority of Singapore (MAS). Bullionblock is registered with AUSTEC, and currently in the process of obtaining a Remittance license in Australia, as a business that will provide remittance services to customers using its own systems and processes, independent of a remittance network.