Aidos Kuneen Unveils Most Crypto-Friendly Banking Network

Aug 28, 2018 at 10:55 // PR
Crypto-Friendly Banking Network

As the options to meet cryptocurrency exchanges’ banking needs are shrinking, Aidos Kuneen is offering crypto users the opportunity to park their wealth in a trustless network with easy access to fiat via banks.

With  ADK, an open source project that focuses on privacy, decentralization and scalability, and a network of two African banks and one in Europe, the secure, private and untraceable solution to the problem of a lack of financial privacy can process crypto to fiat transactions in seconds.

ADK Growing as Planned

ADK founder, Ricardo Badoer, now owns  16% shares in Sumac Bank in Kenya and 23% in a Tanzanian bank (official announcement coming soon) and hope to launch an EU-based bank within five months. Badoer is on the board of directors of these banks which seek to create the most crypto-friendly banking network as well as offer remote bank account opening.

“Our goal from the start has been to offer a full working tech like ADK and have it connected to a fully working banking system,” says Badoer who has had more than 16 years of experience in the offshore banking sector. “We feel offering a trustless tech like ADK that is fully connected with a banking network is something that is missing in the crypto world.”

By having its own EU banking,  ADK holders will be able to have personal IBAN accounts and be able to exchange their ADK to Euro and vice versa. Each account holder will also have a free debit card connected to their bank account.

Gaming firm Monster Byte Inc. also  partnered with ADK to leverage its ecosystem which features a fully scalable, decentralized, anonymous and quantum secure system for transfer of value with zero fees. Monster Byte has since launched their own exchange  Nessie with ADK listed on the platform.

Badoer adds:

“The crypto world is broken. It is not regulated. Though some of the “products” (e.g. coins / tokens) are OK, the whole ICO system and the exchange which is the most important infrastructure in the ecosystem are very bad. The crypto world today is a landscape filled with scammers, fan boys and exchange admins that just want to fill their pockets to list any coin that is willing to pay. I am the only person in the crypto space at the moment that is transparent. I have been audited by two central banks and will soon be audited by a third.”

At the detriment of users’ transaction data which is prone to leaks and improper use, Aidos enables users to spend their cryptos freely without any fear of being tracked or tainted.

About Aidos

Aidos is an open source and Quantum secure platform which features zero fee on transactions and is scalable without blocks. Its transaction system is based on a directed mesh with I2P as underlying network layer that protects its users’ identities from being revealed. Its AKshuffle keeps users anonymous and transactions 100% invisible and untraceable. The platform is backed by the Aidos Foundation. Aidos was founded by Ricardo Badoer in 2017. Badoer has more than 16 years working experience in finance, offshore banking and more than 8 years in digital currency trading.

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Media Contact
Name: Ricardo Badoer

Aidos Kuneen is the source of this content. This press release is for informational purposes only and should not be viewed as an endorsement by CoinIdol. We take no responsibility and give no guarantees, warranties or representations, implied or otherwise, for the content or accuracy. Readers should do their own research before investing funds in any company.

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