Obsidian aims to revolutionize the banking system by addressing widespread dissatisfaction with traditional banks that exploit customers.

Similar to Monzo and Revolut, Obsidian offers a unique approach, empowering users to have complete ownership of their money. In contrast to current banks, your funds won't be used for investments without your consent, ensuring that any profits from investments are entirely yours.

In anticipation of an inevitable cashless society, Obsidian plans to bridge the gap by introducing a decentralized system. Unlike conventional banks, where terms and conditions allow for account closure and limited insurance, Obsidian ensures that users have control with their own keys and eliminates the risk of losing a significant portion of their funds in the event of a bank's bankruptcy.

Obsidian envisions a future where the online banking industry is transformed, providing users with unparalleled control over their assets. By implementing blockchain technology in the background, Obsidian aims to offer a familiar banking experience while ensuring security and user autonomy.

The goal is to establish Obsidian as the epitome of online banking, ushering in a new era of financial empowerment and eliminating the lack of control experienced in traditional banking systems.

More information about Obsidian Network can be found in the official Whitepaper here.