There is a steady growth trend in the global microfinance market. In the existing financial model of microcredit there are significant drawbacks: sometimes a very high lending rate, huge penalties, often the process of checking a client can reach 2-3 days.
Artificial Intelligence Bank is a digital bank that operates on the principles of blockchain technology and is not intended to make a profit. Artificial Intelligence Bank can issue loans to anyone with access to the Internet. With the help of modern technology and unique artificial intelligence, the product will be able to serve customers in any country without violating its laws. The mission of AI Bank Global is to provide financial services in such a way that only people win, not financial structures of the modern world. Which is extremely important, because now banks are only interested in making a profit, paying almost no attention to the needs of people.
In general, the market for issuing loans involves a high turnover of funds and an extremely high level of non-payment with a long delay in payments. This leads to the fact that a customer can get a loan only at an interest rate of more than 30% per annum. This, in turn, cuts off traditional banks from the possibility of injecting funds into MFIs to lower interest rates. Since the scoring system cannot work so quickly and make decisions for each client, a large number of hired staff, the introduction of a simplified calculation procedure, as well as an increase in interest rates are needed to attract potential investments.
The proposed project removes restrictions on the scoring system, since the system itself evaluates a potential borrower positively or negatively on the basis of artificial intelligence, which allows you to subsequently plan the interest rate below the market level and not depend on the interest rate of central banks. Since lending is carried out directly, it is possible to attract investors from any country.
The proposed project is the only high-tech bank in the world that forms solutions using self-learning AI and seeks to issue loans at the lowest interest rate in the world.
The project can use any currency, including cryptocurrency. It can be applied with any cross rate and can be transferred to customer accounts at the best exchange rates.
AI will process data in real time:
- Behavioral analysis takes into account human behavior when submitting an application.
- Blacklists.
- Confirmation of personal data.
- Customer history.
- Digital printing.
- Country Specification.
- The calls of physical operators.
- Social networks.
- External credit history.
- Solvency.
Each of the 10 categories presented contains many factors that, in sum, allow the development of AI to minimize the risk of fraud.
Token distribution:
• Public tokens (private sale, ICO) – 70% – 600,000,000 tokens
• Economic reserve – 10% – 85,000,000 tokens
• Advisory – 5% – 42,500,000 tokens
• Bounty – 5% – 42,500,000 tokens
• Partnership – 5% – 42,500,000 tokens
• Marketing – 5% – 42,500,000 tokens
In general, the project is interesting and may well take its rightful place in the market if certain conditions are met. In particular, a good advertising campaign is needed, since the project has very few followers on social networks. You can also note the technology of artificial intelligence, which makes this project advanced if the technology is working. Now the information age, respectively, companies that work with artificial intelligence and robotics keep up with the times!
Any investments ALWAYS carry risks, so when deciding to do it, ALWAYS rely on your Money Management and the risk you can take!
WHITEPAPER: https://aibank.global/whitepaper.pdf
Site: https://aibank.global/
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