Bloomio issued today its first coin (BC EUR) tied to Euro
St. Julian's, Malta 30/01/2019 – Bloomio issued today its first coin (BC EUR) tied to Euro. While the coin is still in demo mode, it is a further step to redesign the investment banking industry, leveraging on the potential of blockchain technology. The BC Eur is an ERC-20 token backed by Euro and holding at a 1:1 ratio. This ensures that investment on Bloomio will be resilient to speculative forces and the gain/loss generated on the platform, will be only dependent on the business performance of the assets invested in.
Bloomio investors will shortly be able to deposit fiat currency from bank accounts and to convert it into tokens to access investment opportunities on platform.