Electronic Money Exchange Monitor

Avangard Bank offers universal banking services including high-tech financial products unique for the Russian market. The bank is among the largest credit businesses as far as key financial indicators are concerned. Avangard Bank has more than 50 thousand corporate and 1 million private customers.

Tether is a system using blockchain technologies to convert cash to/from digital money while anchoring or tethering the value of its cryptocurrencies to the price of national currencies such as US dollar, euro, etc. An automatic proof of reserves process for money deposited in the Tether system is a nice and efficient alternative to traditional proof of solvency methods for electronic wallet holders.