ENTRY - A Banking Platform For The Blockchain World

ENTRY: A Banking Platform For The Blockchain World - On this blissful occasion, we will review an amazing banking project. A trusted platform can create intuitive ways to use the bridge between the old system and blockchain technology that will revolutionize the banking system.

This is a multi-utility financial platform empowered by AI. In its definition, ENTRY is a blockchain based banking service designed to increase the flow of cryptocurrency in the real economy.

ENTRY imagines being the real global bank in the post-fiat world. The entire framework is structured to increase the usefulness of all cryptto tokens and simultaneously facilitate all those who still want to transact in fiat.

ENTRY is also designed to allow people to use fiat and crypto currency in their everyday purchases without really having to care about the technology behind the system. ENTRY product package can touch and change the financial life for the better.

The existence of the global financial crisis reveals significant weaknesses in the existing financial system and some vulnerabilities have shown their impact on interconnected global markets. That is the main reason for the creation of ENTRY.

With Emelihat the world economy is still struggling with real slow growth. Transferring money for remittances, borrowing money on international borders is still very complicated, time consuming and expensive.

The ENTRY business model aims to remove many intermediaries will make the system faster, more secure, and cost-effective for all involved. So the business model is focused on disrupting existing financial pillars that only act as toll-keepers without providing any added value to consumers and businesses.


ENTRY Business Model

About ENTRY business model consists of 6 main elements you need to know:
  1. Entry.Money - Cryptocurrency and fiat payment gateway for e-shops. Personal and business account (deposit, withdraw, instant transfer cryptocurrency & fiat). Web and Mobile app versions. Debit cards.
  2. Entry.Network - Open source code, wallet, custom blockchain, smart contracts, and custom Token creation platform.
  3. ENTRY Token - Will be used in ENTRY platform as main cryptocurrency. Used in other platforms as main or side cryptocurrency. Tradable in exchanges.
  4. Entry.Exchange - Centralized and p2p ultra-fast and instant cryptocurrency exchange. High security standards, beginner friendly and worldwide supported service.
  5. Entry.Bank - Blockchain technology enables fast and hassle-free cross border payments at a very low cost.
  6. Entry.Cash - Cash machine/ATM system. Transfer, cash out or top up with cash (using agents or cash machines). Payment gateway for POS (real shops, service providers). Payment cards will also be added in the future for ease of access for both fiat and crypto.

Mission and Purpose

ENTRY Mission

To be the gateway between the paradigm and the traditional and new financial systems led by cryptocurrency and empower the financial ecosystem to have a framework that allows interoperability between the two.

Purpose of ENTRY

There are several purposes of ENTRY that you need to know:
  • To create a simple and all-in-one platform to revolutionize the traditional methods of dealing with banking systems.
  • To expand the use of cryptocurrencies for purchase and payments across the business world.
  • To keep a transparent record of all the transactions in the ecosystem.
  • To help cryptocurrencies achieve suitability for everyday transactions and open the world of crypto-finance to every citizen.
  • ENTRY’s suite of comprehensive banking products and services will ensure a new benchmark in banking and financial services.

Financial

Token Info
  • Token: ENTRY
  • Platform: ENTRY
  • Type: Utility
  • PreICO price: 0.1 EUR
  • Price in ICO: 1 ENTRY = 0.15 EUR
  • Tokens for sale: 325,000,000

Investment Info
  • Min. investment: 1 ENTRY
  • Accepting: BTC, ETH, DASH, Fiat
  • Distributed in ICO: 55%
  • Soft cap: 25,000,000 ENTRY
  • Hard cap: 325,000,000 ENTRY

Roadmap

Here's the ENTRE roadmap: 
  • 2015 - Started development and obtained Money Institution License.
  • 2017 - Signed agreement with Central bank to get SWIFT and IBAN numbers to connect EU SEPA system.
  • 2017 - Developed payment gateway (credit/debit cards, bank links and others) to collect funds for online shops.
  • 2017 - Started integrations with Central Bank system to provide peer-to-peer payments to all EU banks and started to build infrastructure for international payments.
  • 2017 - Started crypto-exchange and beta version will be ready before ICO or during ICO.
  • 2017 - Conducted meetings with card issuers for issuance of MasterCard or Visa cards to the ENTRY users and invested more than 1 million Euro for continuous development of the platform.
  • 2018 (1st to 3rd Quarter) - Started developing Pre-ICO and ICO. During ICO we will launch payment gateways (ENTRY.MONEY) with bank accounts for personal use. We will launch crypto exchange (ENTRY.EXCHANGE).
  • 2018 (4th Quarter) - Change money institution license (already obtained) to Electronic Money License or European Bank License. Starting to obtain financial licenses outside EU to operate worldwide.
  • 2019 (1st-2nd Quarter) - Expand (ENTRY.MONEY) services adding business account worldwide and launch app.
  • 2019 (3rd-4th Quarter) - Release (ENTRY.NETWORK) wallet to store, send, receive your crypto, participate in ICO through wallet. Blockchain (own or partners owned).
  • 2019 (4th Quarter) - Start P2P Lending (ENTRY.BANK).
  • 2020 (2st-3rd Quarter) - Launch ATM systems (ENTRY.CASH) and put cash machines for beta testing.
  • 2020 (3rd-4th Quarter) - Start partnerships with agents to provide deposits and withdrawal services with cash.
  • 2021 (continues) - Investment, loans and other banking and finance services worldwide.


Conclusions and References

Well that's what we can deliver, in conclusion ENTRY is a blockchain based platform powered by smart contracts, which not only act as a bank by offering easy deposits, payments and loan services, cross border transfers, convenient ATM / withdrawal facilities, but also in exchange currency for business and consumers.
For more details, and you can refer to some of the following links:

» Website: https://entry.money/
» Ann Thread: https://bitcointalk.org/index.php?topic=3229958.0
» Whitepaper: https://entry.money/ENTRY_Whitepaper_v1.pdf
» Facebook: https://www.facebook.com/entrymoney/
» Twitter: https://twitter.com/EntryMoneyICO
» Telegram: https://t.me/Entry_Official

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