Providing cryptocurrencies to mainstream everyday users will require dedicated crypto bankingservices. Only once a person is able to use cryptocurrency in the same way that they use any othercurrency, will all of the benefits of cryptocurrency, such as lower transaction costs, speed ofpayment, removal of national boundaries and so on, become real. There are already 3 million dailyusers of cryptocurrencies, a number that is expected to exceed 200 million by 2025. The demand forcryptocurrencies exists now and will grow at an annual CAGR of ~70% for the foreseeable future.The potential to satisfy this demand is perhaps the most exciting banking development of the past100 years and the prize for those who are successful is a place on the global banking landscape at a rate of growth and a worldwide presence that can never be matched by any traditional bankingdevelopment plan.

The Lenda Cryptobank will be a first step in satisfying this demand. It will be made available fordownload via the iOS or Android marketplace and is planning to be ready-to-use on mobile devicesimmediately. Unlike conventional mobile banks that take weeks to process and issue cards, theLenda Cryptobank provides an instant processing engine for both fiat and crypto based currencytransactions while enabling interchangeability between the two. With Lenda's digital bank customerswill finally be able to use cryptocurrencies to pay for fiat based goods without transactionlimits and with low commission on any of the world's existing 42 million payment terminals andmany internet stores and payment points. Lenda's technology platform is developing to be based onalgorithms that allow for the most efficient exchange rates matching across natural peer-to-peer flowsas well as third party Crypto-exchanges. This is planned to be quickly followed by a range ofcomplimentary banking services from simple Peer to Peer payments to Cryptocurrency backedlending. Lenda aims to meet the banking needs of the Cryptocurrency Era.

Lenda is building Cryptobank 2.0 for the Cryptocurrency era. People will be able to store, spend,exchange and later borrow practically any Cryptocurrency in the same way as they could any othercurrency, but in a quicker, cheaper and more secure environment than it is possible in any traditionalbank or fiat currency. The Cryptobank will be the decentralized core that interlocks the restrictedfinancial world we live in today and a future Cryptoconomy with limitless borderless opportunities.Most of the technology for this financial revolution already exists: Apple Pay, Samsung Pay, Alipay;the world's biggest banks and payment platforms have already installed more than 42 millioncontactless payment terminals throughout the world, a number that is growing rapidly.Lenda will take full advantage of this global contactless phenomenon, but instead of using it fortraditional payment cards using fiat currencies, we will use it for cryptocurrencies through personalsmartphones. We can skip generations of dedicated development by some of the biggest companiesin the world, and adapt that technology to the Cryptocurrency Era within months, or years, butdefinitely, not decades.