Key challenges & Bancc's strategy
Costly - Solutions today are harming the cost effectiveness for people to be able to integrate blockchain and cryptocurrency to use it in their everyday lives.
Expertise Exclusive - Solutions today are complex and an intermediate technical understanding is needed in order to use it, which confuses the process of acquiring new users.
Security - Solutions today are centralised whereas people need to take to trust in their provider in order to not lose their assets.
Simplified - The User experience and user interface are not fit for anybody to get started with in an easy, intriguing and time efficient way.
Global - The solutions today are very limited to specific countries/regions which decreases the effectiveness of having an ecosystem & network that makes it easy for anyone to use.