Alux Bank

As we can see, the integration of the banking industry and the innovation in the digital era is obstructed by monetary malpractice by the centralized financial system. Demonstrating a reluctant attitude to the acceptance of the new digital technology. This means that only a few can have access to wealth management by specialized companies. All this limitation, forces us to grow in an elitist and separatist world and we end up playing part in this monopoly. Firstly, cash continues to be the predominant form of money, especially in developing economies, although we know that this will not change in the next ten years. Secondly, electronic and digital money is gaining more and more popularity. And thirdly, new types of money could be demanded in the not too distant future as technology advances so rapidly. It seems that it is not easy to accept the new change by the centralized monetary system, but it is observed that there is a lot of tendency to accept it by the client. The reality is that there is an urgent need in our society, where the benefits of the banking system should happen to everyone, and not just to a few. It has been observed for years that this pattern of decentralization predominates in an interrupted manner. Today, we can meet many people who share this thought and discuss several solutions to the problem. Our response to so much uncertainty leads us to the conclusion of making the leap to the new digital age. We can say that we are entering a new world where the DAO -Decentralized Autonomous Organization- presents an alternative independent governance of human influence, leaving it in the hands of something much simpler, more transparent and more reliable such as smart contracts. These are just some lines of open code that all users can review and decide if they agree, or not, before proceeding with its execution. The history of banking began with the bank prototype about 4000 years ago. With which we can say that the modernization that has come since then has not been entirely consistent with the era in which we live in. In 1973 the first call could be made from a mobile phone, and it was as a result of this when we began to familiarize ourselves with this technology. As the years go by, a system of free and unlimited messaging with innovative projects is created that makes us believe in the evolution of adapted technology in the time in which we find ourselves. Having said that, ¿why does everything that encompasses the centralized banking system continue to this day, with the same method as thousands of years ago? Since 2009 Blockchain has become a potentially disruptive technology. Its task is to execute as a ledger of transactions distributed throughout the computing network. This network is in charge of tracking together an immutable record of transactions among other functions, which are mainly offered by banks. The combination of the algorithms with the smart contracts will allow completely new financial services, which, the entire cryptographic community and its new members that arrive on a daily basis, wait for anxiously. The companies or individuals that adopt a focused approach within the community around truthfulness and a democratic infrastructure, where investment services will always be delivered according to the expectations of the community, these will be the leaders of tomorrow.