Electronic Money Exchange Monitor

Promsvyazbank organized all-included distant services for its customers via PSB-Retail system. One can access PSB-Retail online or at a call-center. PSB-Retail has two service levels: informational and operational. Informational service level makes it possible for a client to obtain data about his cards or accounts, see a balance or make out statements. Operational service level allows customers to independently carry out all sorts of transactions on accounts or bank cards.

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.