Datarius Cryptobank ICO

DATARIUS CRYPTOBANK is a decentralized partially P2P closed system where the users around the World are able to access free and equal services to a maximum number of financial products.

PROS:

• Low cost: The services are directly linked  between the lenders and borrowers  and related services  eliminating any hidden fees
• Automatic exchange: The  distribution ledger network  enables the market place participants  to easily share and exchange their products
• Security: The  platform analysis the physical  and behavioral  traits of every user via the biometric  to identify and control financial services where each account in linked to the users identity  hence scammers would not be able to intercept the users data
• Big data: The  platform is able to analyze  enormous volume of structured  data  which are effectively processed by horizontally  scale software tools
• The datarius mobile application which is supported by IOS and Android enable the users  in respective regions to  access a variety of services ,make easy payments and transfers

The mobile digipass boost the security of these transfers as it introduce a two factor authentication (2FA)

• Multi-currency accounts: The users are able to create and use wallets dominated by  in any crypto currency enabling them to freely convert various national  and crypto currencies without using the other exchange platforms
• The platform secure all the communications ,personal data and records of information  through a higher order cryptographic protocol of their activities in the system hence reducing the risk of document falsification  and financial fraud

CONS:

• Fewer team management team with  no relationship of the required skills
• The platform token used is missing

SUGGESTIONS:

• Include the correct personal in the project with related skills and experience to the intended project
• The platform token should be formulated and its suitability should be measured in the pre-sale test of the ICO offering

The main aim of Datarius is to providing banking services to the cryptocurency industry. However, it must not ignore the presence of other already existing blockchain-powered projects that too have their business running on the same concept, and to some have really carved a niche.

Datarius does want to replicate the services of a traditional bank, but at a significantly lower price while remaining the first priority of any upcoming startup in the cryptocurrency world. The Datarius project seems to have potential if you are looking to invest, but do not forget that investments are subject to market risks.

Before you set about investing and buying coins and tokens on offer form any ICO which is aiming at launching its own digital and crypto bank, you do need to understand those types of projects are not easy to put in place and can take a long term to be finalized.

There are lots of security processes to be put into place and lots of additional aspects of launching a digital bank that takes time, money and effort and it is always the team behind such a project that need checking out just as much as the white paper and roadmap.

Therefore, whilst the Datarius ICO is very well presented keep in mind it may take some time for you to see some returns on your investments and it is also going to take some time for them to get the project up and running too.