Current

: Mobile banking done better

Industry

Financial Services

About Current

Current is the future of banking. You can spend, save, and manage your money better with their mobile banking app and Visa debit card.

Current logo

The Challenge

Current is the future of banking. With this application you can spend, save, and manage your money better via a mobile banking app and Visa debit card that are designed to make the most of what people get.

What Applied Blockchain Delivered

Current has an existing ASA security token and it aims to issue a new utility token in exchange for the security token.

Using scripts, we are monitoring the Algorand blockchain looking for CRNC account holders and, based on that, we are creating utility tokens. These scripts will lock the deposited tokens but incentivise this lock up by issuing bonuses based on the times tokens are locked from.