In recent years there have been rapid technological developments which clearly have changed our world significantly. The financial services industry is one sector that has been impacted massively by these developments. So many advances have been made lately to make the global market better. In a quest to establish a single trade and transaction market and also draw user closer to digital assets, the European Commission recently introduced the course of drifting from centralized to decentralized markets with Payment Services Directive (PSD) which was followed by PSD2 which is expected to be fully executed next year (2018). This service actually mandates all financial institutions to grant access of their numerous products and services through Application Programming Interface (APIs).
Another development the world witnessed lately was the statement by United Nations specialized agency called International Monetary Fund (IMF) which clearly is encouraging financial institutions to consider the ground breaking financial technology cryptocurrency investments which has a potentially promising future exposure.
A team of expertise in quest to take advantage of this revolutionary technological opportunities and the market potential has decided to create an innovative specialized financial institution which is going to put together a secure transaction unit between monetary economics and digital finance.
ABOUT FORTY SEVEN BANK
This Forty Seven Bank which is going to be specialized in digital finance services will fully support cryptocurrencies and traditional fiat currencies. This bank which is a first of its kind will be a fully digital innovative branchless financial institution. You have nothing to worry about as it complies with;
- All EU directives
- Basel III
- Prudential Regulation Authority (PRA)
- Financial Conduct Authority (FCA)
- Bank of England Requirements
Quality is Key 🗝
The aim of the Forty Seven team is to give the world a high quality, secure and user-friendly banking services for individual and institutional consumers, it will be fully recognized by the financial authorities and complaint with regulatory framework.
Bank Features
- Sale and purchase feature of cryptocurrency
- Investment and exchange options
- Crypto-Saving And Current Account
- Multi-Asset Account (allows customers access their different bank accounts)
FORTY SEVEN BANK TECHNOLOGIES
The Forty Seven bank in a quest to meet up with the present standard plans to develop the a system that will be compliant with the latest PSD2 service by integrating blockchain, smart-contracts, API, biometric and machine learning technologies.
To read more about the mechanism of these technologies please read the Forty Seven Bank Whitepaper: https://drive.google.com/open?id=0BzvESRkgX-uDeHc1QjRzbHRBelU
THE FORTY SEVEN BANK DOMICILE LOCATION
The Forty Seven Bank domicile location was chosen for three (3) main reasons;
- United Kingdom’s government and regulatory authorities have highly favorable conditions towards cryptocurrencies and other digital asset initiative.
- Out of the world’s total foreign exchange dealings, London on its own is a major financial centre which obviously gives access to significant share of the foreign exchange market.
- Lastly, success has been recorded already by the Forty Seven Team in terms of development of financial technology products and also their full legal registration procedure completion in the UK regulatory framework - FCA
THE FORTY SEVEN BANK MISSION, VISION & VALUES
The Forty Seven Bank and management mission is to provide;
- For their customers which include individuals, businesses, developer, traders, financial and governmental institutions an inventive and user-friendly financial services and products.
- A range of products that will unite the crypto-world and traditional finance world and also help offer new and unique opportunities to both worlds.
The Bank Values:
- Transparency
- Financial stability
- Effectiveness and user friendly procedures
- Security and privacy (data protection)
- Innovativeness
- Market share growth and worldwide expansion
- Profit for all stakeholders
CATEGORICAL OFFERING OF PRODUCTS AND SERVICES
These products and services will be offered specially to private persons, businesses, developers and traders.
Product and Services for private persons
Products and Services for business
Products and Services for Developers
Products and Services for Traders
THE FORTY SEVEN BANK TOKEN & ICO DETAILS
Forty Seven Bank Token (FSBT) which is a cornerstone of the forty seven Bank Infrastructure is what guarantees all parties exclusive access to Forty Seven Bank Ecosystem and enjoy the bunch of benefits that is available on the platform.
Name of Token: Forty Seven Bank Token
Abbreviation: FSBT
Max. Amount of Tokens to be Generated: 11 063 829 FSBT (bonus tokens, tokens for bounty and founders all included)
Emission Control: Provided by the system of interconnected smart contracts.
Actual Rate: 1 FSBT = 0.00428 ETH (plus current bonus)
Standard: ERC-20
Softcap: 3 600 ETH.
Hardcap: 36 000 ETH.
Accepted Currencies During ICO: ETH, BTC.
ICO: On already - Ends 31.03.2018.
⌚️Sale Status: LIVE (Ending In Hours time, So Hurry🏃 🏃)
BONUS STRUCTURE
ICO Round 1: 30% Bonus
ICO Round 2: 20% Bonus
ICO Round 3: 0% Bonus but Bonus is also available for quantity
Please participate by visiting the Forty Seven Bank website on: https://www.fortyseven.io/
BENEFITS OF BEING A FSBT HOLDER
TOKEN DISTRIBUTION
ROADMAP
MEET THE TEAM
ADVISORY
PARTNERS
My Thoughts
This is one of the most promising project and ICO, the world has been craving for a bank with such astouning features. I urge everyone to be part of history, invest in this unique project and I promise you would be glad you did.
Well I hope you enjoyed reading about this amazing project, well if you find it promising and want to get more information about it, connect with other participants across the globe and also participate by investing, please feel free to click on any of the following links;
🌐 Website: https://www.fortyseven.io/
📃 Whitepaper: http://drive.google.com/file/d/0BzvESRkgX-uDeHc1QjRzbHRBelU
📢 ANN Thread: https://bitcointalk.org/index.php?topic=2225492
💻 Twitter: https://twitter.com/47foundation
💻 Telegram: https://t.me/thefortyseven
💻 Facebook: https://www.facebook.com/FortySevenBank/
✍️ Authored By: Gabinsight
🗣 Bitcointalk URL:https://bitcointalk.org/index.php?action=profile;u=1742297
💼 Ethereum Wallet Address: 0x14b9774693Bd38680DbCB0c40F99Efa315019Fb7