why, have you really forgotten? This International Bank Account Number is a unique identifier that helps banks automatically process payments from person to person. IBAN contains all the necessary information of the account holder, such as account number, bank, branch information and country code.

it is a single payment system in euros. To be more precise, it is rather a payment zone in euros, which creates an integrated European market for payment instruments. The goal of SEPA is to ensure that payments in Europe are made as simply and efficiently as within a single country.

absolutely true, because there are still countries where the cryptocurrency is banned, and the developers make it possible to use the Nelūns ecosystem even in such countries, therefore, operations can be performed not only in cryptocurrency, but also in dollars and euros and even in GBR.

The first thing I would like to point out is that this project, even if it were only in the plans of the developers, would already have a wide target audience. And since it has already been created and is functioning, we can say that many favorable conditions contributed to its creation.

First of all, the main factor as a favorable one is the rapid development of online banking. It is actively developing in most countries, many of them even open incubators to support fintech projects. Tell me, what is not a favorable factor?

How is the project developing now? As far as I know, the Neluns team is actively working on preparing the registration of the project in England and obtaining all the necessary regulatory licenses. This concerns the bank, since it will be registered in England.

moreover, I will add now that the Central Bank of the country has created its own Fintech accelerator, which helps the development of specific companies, which leads to the development of the Fintech sector as a whole. At the same time, active support for blockchain-startups is being held, which, according to representatives of Accelerator, can positively influence the country's financial system and increase its stability.

By the way, I will prompt another positive factor in favor of creating such projects. Considering that classic approaches to traditional banks only complicate and expand the process of integrating new innovations, start-ups open up new opportunities to become central links of the economy of the future

it is absolutely accurate. An integrated approach and the proposal of new quality solutions that eliminate the many problems of the target audience, combined with the active support of the fintech project at the government level, build Neluns for success.

I learned from white paper that the Neluns team adheres to the principles of simplicity and minimal risk. They are developing a better system, taking into account the shortcomings of existing solutions and the introduction of new innovative ideas for modern technologies. therefore, I am confident that each component of the ecosystem will be accessible and understandable to everyone.