NET Digital Currency Bank

Born to change the world
Leading the industry in personal digital financial expertise

NET is the world’s leading digital asset bank, aiming to bring the most comprehensive digital financial services to global customers, including digital money deposits, payments, loans, trading and more. We ensure that all our banking systems are carefully monitored and provide professional advice and high-quality services, so that every customer can handle their personal digital financial affairs in real time, managed through the NET Digital Currency Bank, and thus add value to their assets.

NET is headquartered in Lithuania, the European country with the greatest potential in Financial Science and Technology. The Lithuanian government’s friendly attitude towards encrypted monetary policy, coupled with low enterprise tax rates and rapid license approval, will undoubtedly be of great help in the future development of NET.

Point-to-point
instant transfer

The decentralized platform can handle as many as 100,000 transactions per second and perform operations within 0.01 seconds.

Cross-border
payment and settlement

It avoids the costs of currency exchange, reduces the intermediate costs and the carries out the whole payment process in a short time.

Securities
issuance and trading

Achieves real-time asset transfers, accelerates the speed of transaction clearing, and ensures asset security.

Customer feedback
and anti-fraud

Focuses on user experience, reduces the cost of legal compliance, and makes every effort to prevent financial crimes.

Working hand in hand with Lithuania Bank

The Republic of Lithuania is located on the eastern coast of the Baltic Sea; along with Latvia and Estonia to the north, they are known as the three Baltic States. On January 1, 2015, Lithuania became the 19th member of the Euro zone. The Lithuania Bank is the Central Bank of the Republic of Lithuania. It began operations in 1922, with its headquarters located in the center of the capital Vilnius. It has approximately 600 employees.

The Central Bank of Lithuania supports virtual currency projects
To issue “LBCoin” as a Fiat currency

“LBCoin is not a cryptocurrency, but a digital coin. This will be a fiat currency, just like all commemorative coins issued by the Bank of Lithuania, but no one will use them as fiat currency because they have a higher market value.”

Marius Jurgilas
Member of the Board of Directors of the Central Bank of Lithuania

Currently, the Lithuania Bank provides three main services, namely banking, economic and financial stability, and supervision, to fulfill the core functions of the Central Bank. We are honored that Lithuania Bank values the advanced technology of NET Digital Currency Bank. The two parties will cooperate to establish a global digital bank and strongly support the business development of NET Digital Currency Bank all over the world.

NET Digital Money Bank obtained an Electronic Money Institution licence, issued by the Bank of Lithuania, on March 29, 2018.

NET Digital Money Bank acquired the right to issue Malta’s electronic currency on July 16, 2018