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About Blinc

We have created a mobile app, where you send a picture to a friend and instantly get a photo of their selfie reaction back. A truly human, fun and emotional way to communicate. Blinc is what it means to be yourself. Communicate with your friends in a whole new way and react together to the Hottest news, life changing events and social buzz. Express yourself. Blinc will become the reaction platform of the web. Boo to Likes and Smileys - you just dont cut it anymore. Blinc is now LIVE in the App Store and has been featured first in Social networking for the UK and France -

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Latest Blinc News

Crypto Banking Firm BCB Readies U.S. Dollar Payments to Plug Silvergate Gap

Mar 6, 2023

BCB Group CEO Oliver von Landsberg-Sadie said he hopes to have dollar fiat-to-crypto rails in place and ready to go live early in the second quarter. Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28. BCB Group, a payments processor that links crypto companies to the banking system, is accelerating plans to add U.S. dollar capabilities to help fill the hole left by the recently shuttered Silvergate Exchange Network (SEN), CEO Oliver von Landsberg-Sadie said in an interview with CoinDesk. London-based BCB, which was the first crypto company to receive a payments license from U.K. regulator the Financial Conduct Authority (FCA), provides fiat-to-crypto rails for currencies including sterling, euros, Swiss francs and yen in Europe, particularly to institutional players such as Bitstamp, Galaxy Digital, Gemini and Kraken. Banking has been a dicey issue for crypto companies , many of whom see the reinvention of traditional finance as their ultimate goal. Recent collapses and scandals have prompted a scattergun response from regulators in the U.S., and what could be viewed as a kind of choke point operation on crypto banking, at least as far as Silvergate is concerned. BCB launched its instant settlement network, the BCB Liquidity Interchange Network Consortium (BLINC), in mid-2020. It’s a real-time gross settlement system that does for euros, British pounds and Swiss francs what SEN did in the U.S. until recently for big crypto clients transacting in dollars. It’s worth noting that NYC-based Signature Bank’s Signet, an equivalent to SEN, has to date been the next largest network for USD instant settlement and stands to fill some of the demand. That said, a BLINC dollar component has been in the works for about a year and is getting ready to launch, Landsberg-Sadie said. “Obviously I’m going to try and bring that forward as quickly as possible,” he said in reference to news that Silvergate’s network is no longer running. “I’d like to say it could be live by spring, so we’ll do whatever it takes to make sure those who are stranded by SEN get some sort of continuity given the huge overlap of BCB and Silvergate clients.” The key differences between BLINC and SEN is that the former is multicurrency and isn’t tied to a single credit institution, such as a Silvergate or Signature Bank, Landsberg-Sadie said. It was not designed to take deposits, he added, having been purpose built as a payment institution, providing onramps to a collection of banks in places like the U.K., Switzerland and Europe. “It’s a decentralized model,” said Landsberg-Sadie. “What you have with Silvergate and Signature is a credit institution solution applied to what is primarily a payments problem. Silvergate’s troubles started when they allowed long-term bitcoin bets against short-term cash deposits, an impossible position to unwind in 2022’s crazy markets. BLINC funds are 1:1, unleveraged, un-rehypothecated, always precisely 1:1 with safeguarded funds.”

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