A digital bank leverages AI to provide robo-advisory to all users

An artificial intelligence-powered platform designed to enhance traditional mobile banking with seamless crypto integration is about to launch v2 of its mobile application, describing it as an all-in-one crypto-financial solution. BlockBank, which describes itself as a platform designed for professional traders and new retail market participants, reported that the new version of its application is a significant advancement compared to what has been offered in the space so far. The application is said to consist of four main components: a centralized custodial wallet, a non-custodial Web 3.0 wallet, banking and an AI-powered robo-advisor. The team emphasized that users won't have to sacrifice security, privacy or decentralization when using its application. One of the measures taken to ensure a high level of security is BlockBank's partnership with Shield Finance, a multichain decentralized finance insurance aggregator, and Bridge Mutual, a platform that integrates a DeFi risk coverage application into its system.