Through the launch of Alternet Financial Solutions (AFS), Alternet Systems, a company that focuses on digital currency and mobile commerce services, has announced a Digital Bank proposal. Among the innovative ideas proposed is a “multi-asset” credit and debit cards. The cards will allow currency conversion between digital and fiat currencies, merchant acquisition solutions, and digital currency exchange.
These services will be open to already existing digital currencies such as Bitcoin, Dogecoin, and others. AFS will first be launching in the Caribbean and Latin America, but has plans to expand to Africa and Eastern Europe.
AFS Launch Allows Way for Digital Bank
Alternet Systems’ CEO, Henryk Dabrowski, said about Alternet,
“Alternet has the vision of offering people all over the world multiple payment options on one platform. For the first time, we will be able to use currency as we have or cryptocurrency through these debit and credit card products.”
Jose Esayag, an expert finance and technology professional, will be leading the Digital Bank efforts. Esayag has experience with this because he has founded different banks, start-ups, and financial companies. Dabrowski said about Esayag,
“He will lead our expansion into this exciting field, leveraging our already successful efforts in the Mobile Financial Services sector. AFS will greatly benefit from his experience, as well as his deep knowledge of the financial services industry.”
Jose Esayag is currently the managing partner of Angel Workforce, LLC, Esayag Financial Group, LLC, and The Angel Services LLC Enterprise. His experience in strategic planning, project management, interpersonal relations, business operations, and public relations will serve as assets to AFS.
The AFS’ Digital Bank initiative will allow for a more innovative outlook to digital currency usage, especially with the debit and credit cards. With the rise of Bitcoin and other digital currencies, newer technology and companies have been created to adapt to a growing digital currency ecosystem. This includes institutions such as digital currency banks.