SB Bank has entered the pre-launch phase of its innovative platform, introducing a hybrid digital banking model that integrates blockchain with traditional finance to deliver enhanced transparency, autonomy, and data security.
This forward-thinking approach reimagines banking by combining established financial practices with decentralised technologies. At its core is a commitment to user empowerment and technological resilience.
Already available on leading app stores, SB Bank’s digital platform is gearing up to release a comprehensive ecosystem featuring more than just online banking. Users can expect cashback through SB Coin, the bank’s proprietary cryptocurrency, as well as access to exclusive benefits via virtual and physical cards – all built upon a highly secure digital infrastructure.
Jerônimo Rodrigues, CEO of SB Bank said: “We believe the future of banking isn’t just digital – it’s transparent, collaborative, and secure. Blockchain is not just a feature; it’s the foundation of how we operate.”
A standout feature of the platform is its use of smart contracts to underpin key financial products such as lending, insurance, and rewards schemes. These contracts are automated and enforceable, offering clarity, efficiency, and reduced administrative friction.
This decentralised model not only streamlines processes but also ensures users benefit from legal certainty and cutting-edge technological safeguards, establishing greater confidence in the platform’s services.
SB Coin plays a central role in SB Bank’s user rewards and internal operations. Issued as a utility token, it allows users to earn cashback on purchases and transact within the platform’s own ecosystem. With financial support behind the asset, SB Coin is uniquely positioned to connect crypto-native features with conventional financial tools.
To encourage early adoption, SB Bank is offering a limited-time incentive: users who sign up and post the official SB Coin promotional video on social media will receive 25 SB Coins, the equivalent of €25, credited directly to their account.
Further details can be found at www.sbbank.eu.