Traditional Fixed Income Account From Gluwa Hits The Blockchain, With 15% APY

For many investors, the idea of leaving their savings in a bank or savings account these days is not very appealing. With interest rates at near all-time lows and inflation deeply entrenched into our economy, consumers are finding that their savings are dwindling month on month. Even with the central banks raising interest rates to tackle inflation, the long term goal of these central banks according to some economists is to bring the interest rates back down eventually to promote economic growth. Either way, in the meantime compound interest means that savings are having chunks taken out of them and that the consumer’s money is buying less and less.