Hello here, what is very interesting in the Neluns ecosystem function does not need long - I will explain below.
Neluns ecosystem functionality
User authorization
User authorization
To start working with the Neluns ecosystem, users will have to pass a verification procedure.
Three - level verification system:
Three - level verification system:
- 1-st level – email verification. Allows participating in trades on the Neluns Exchange (with 1:5 margin trading). Trade sums cannot exceed $300.
- 2-nd level – social network and mobile number verification. Allows participating in trades on the Neluns Exchange (with 1:10 margin trading) and the P2P lending platform. Trade sums cannot exceed $500.
- 3-rd level – identity and mobile number verification. Users gain access to all Neluns Bank services, Neluns Exchange (with 1:20 margin trading), Neluns Insurance. Restrictions on trade amounts are absent.
Neluns Bank
The first element of the ecosystem is the Neluns Bank. Which is a licensed commercial bank, officially registered in accordance with all regulatory requirements.
The Neluns Bank presents a broad spectrum of services for physical and legal entities. While all operations are available in fiat and in cryptocurrencies.
During the first stage, Neluns Bank will carry out activities combining classical banking and banking on the Blockchain. In the future, Neluns Bank, together with its partners, will transition to its own Blockchain for international settlement purposes.
The first element of the ecosystem is the Neluns Bank. Which is a licensed commercial bank, officially registered in accordance with all regulatory requirements.
The Neluns Bank presents a broad spectrum of services for physical and legal entities. While all operations are available in fiat and in cryptocurrencies.
During the first stage, Neluns Bank will carry out activities combining classical banking and banking on the Blockchain. In the future, Neluns Bank, together with its partners, will transition to its own Blockchain for international settlement purposes.
The
utilization of leading technologies allows us to create financial
products, access to which will be available around the clock from any
part of the world
IBAN - Multicurrency accounts
Neluns
Bank users will have access to IBAN – personal and corporate
multicurrency accounts. Immediately after opening an account,
users will be able to carry out operations in USD, EUR, GBR, as
well as with cryptocurrencies.
IBAN (International Bank Account Number) -The International Bank Account Number is a unique identifier helping banks process payments from person to person automatically. The IBAN contains all necessary information of the owner of a bank account such as the account number, bank, branch information, and country code. Although no uniform length has been established for SEPA countries, the IBAN cannot exceed 34 characters. Most countries however, have different fixed lengths.
IBAN (International Bank Account Number) -The International Bank Account Number is a unique identifier helping banks process payments from person to person automatically. The IBAN contains all necessary information of the owner of a bank account such as the account number, bank, branch information, and country code. Although no uniform length has been established for SEPA countries, the IBAN cannot exceed 34 characters. Most countries however, have different fixed lengths.
SWIFT (Society for Worldwide Interbank FinancialTelecommunication) - The Society for Worldwide Interbank Financial Telecommunication (SWIFT) provides a network that enables financial institutions worldwide to send and receive information about financial transactions in a secure, standardized, and reliable environment. SWIFT also sells software and services to financial institutions, much of it for use on the SWIFT Network, and ISO 9362. Business Identifier Codes (BICs, previously Bank Identifier Codes) are popularly known as "SWIFT codes".
SEPA (SingleEuro Payment Area) -This unique euro payment area establishes an integrated European market for payment instruments. The aim of SEPA is to ensure
that payments within Europe take place as simply and effectively as those within a single country.
Any cryptocurrencies and tokens traded on the Neluns Exchange can be added to the multicurrency account.
The
user Neluns account will display the balance of funds in USD, EUR, GBR,
as well as in cryptocurrencies (Bitcoin, Dash, Ehtereum, XEM).
The remainder of new cryptoassets will be automatically displayed
immediately after they are added by a user.
Cryptocurrency rates will be automatically determined based on data fed from the Neluns Exchange. Users will be able to automatically carry out trade operations, and execute transfers.
The user will have an access to corporate and personal accounts and merchant - accounts, allowing one to accept payments. Every such user will receive a unique Merchant ID. Which will be tied to the account to which funds are transferred to by Neluns Bank users.
Cryptocurrency rates will be automatically determined based on data fed from the Neluns Exchange. Users will be able to automatically carry out trade operations, and execute transfers.
The user will have an access to corporate and personal accounts and merchant - accounts, allowing one to accept payments. Every such user will receive a unique Merchant ID. Which will be tied to the account to which funds are transferred to by Neluns Bank users.

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