Zilch, a company that is using blockchain technology to help the unbanked and underbanked around the world, has announced its partnership with HSBC. Zilch provides a virtual bank account on its app that can be loaded with any currency type. The account is linked to a Visa debit card and comes with features like direct deposit, bill pay, and mobile check deposit. For customers who live in an area without access to traditional banking services or for those who prefer not to use their social security number for online transactions, Zilch offers an alternative to traditional banking methods. HSBC is one of the largest banks in the world and this partnership will allow Zilch to expand their service even more.
Philip Belamant is the co-founder and CEO of Zilch. He is a former hedge fund manager and has been involved in the cryptocurrency space for many years. Philip Belamant was one of the first people to launch a bitcoin ATM machine in the US and has been involved with various projects including Atlas, Bitpay, Blockchain Capital, BTCJam, and more. He is also a board member of the Chamber of Digital Commerce and is currently on the board of directors for the Bitcoin Foundation. The partnership between Zilch and HSBC will help to speed up the process of getting financial services to those who don’t have access to traditional banking. This is a huge deal and will help to bring cryptocurrency into the mainstream. This is especially true considering that there are over 2 billion unbanked people in the world.
Philip Belamant continues to grow Zilch and he is hoping to expand the company’s influence even further. This partnership with HSBC will help Zilch to expand their service even more and reach millions of new customers. Also, the HSBC partnership will allow Zilch to expand their service even more and reach millions of new customers.