Forty Seven Bank Is a unique project built to create a modern global bank for all encrypted currency users and followers of the traditional monetary system, a bank recognized by an international financial organization, a bank that complies with all regulatory requirements.
A professional team of banking, finance and IT sectors will have experience in establishing and licensing payment systems and electronic financial institutions that work to achieve project objectives.
Banks will transform into larger structures that comply with all regulatory requirements and landing service payments. Forty Seven Banks adhere to your customer and anti-money laundering policies and stay away from dealing with gray market representatives.
Forty Seven Bank's mission is to create an innovative, flexible and open Application Platform for financial technology developers, which will be able to operate under the roof of Forty Seven Bank, having access to bank infrastructure and customer base. We will allow developers with small or medium capital to create white-label applications that will compete with traditional banks. The World Bank's solution as our Service will disrupt the EU's financial sector by reducing the entry barriers of the fintech market. We will offer unique crypto products such as bonds, futures, and options. Our goal is to create a marketplace and take the leading position in both short and long-term perspective. Making money through products created by Forty Seven Bank - Cryptobonds. Cryptobonds will be traded on various exchange platforms (mainly developed by Forty Seven Bank).
Forty Seven Bank Is Based On Three Principles
- Relevance
- Comfort and security
- Use the latest technological developments like plucheen, biometrics, smart contracts, automatic learning, and more.
Forty Seven Banks An innovative financial technology initiative that aims to provide high-quality, secure and user-friendly banking services to individual and institutional consumers, which will be fully recognized by the financial authorities and aligned with the regulatory framework.
The Forty Seven Bank project has an impressive team of experienced members in the banking and finance sectors. You can find information about Team Forty Seven Bank on the official website.
PSD2 (Revised Payments Service Guide)
Forty Seven Bank aims to utilize PSD2 implementation. PSD2 is an EU directive that opens the door to any company interested in the payment industry. When PSD2 is applied, traditional bank monopolies for customer account information will be lost. PSD2 aims to increase competition by introducing new types of payment services, enhancing security, protecting customers, and extending visibility. PSD2 is an important step towards a unique digital market. It is compulsory for PSD2 to be implemented as a national law for EU Member States on January 13, 2018, meaning that most laws will take effect from this date.
Forty Seven Bank offers innovative products for everyone:
- Excellent products are multi-asset accounts for special customers with linked cards.
- Identification and remote licensing based on passport and biometric data.
- A unique combination of payment tools like the credit card, debit card, e-wallet, secure digital payments.
- Transactions with all types of currency are encrypted in the bank application and without having to wait for the current exchange.
- Various services including credit, insurance, bill display, credit card management, discounts etc.
- Log in via the platform to manage customer accounts Open at any European bank in accordance with the PSD2 directive.
- The user interface is convenient and easy to use.
- Analysis helps clients make the right financial decisions using a personal management service created based on automated learning algorithms.
Business Proposal Forty Seven Bank
- Business-oriented products for small and medium enterprises.
- Manage accounts through API APIs, and create financial apps.
- Receive payment from merchants in digital currency and local currency in company account (card, SWIFT) using form or father.
- Group payments for the market.
- Manage customer loyalty using large data.
- According to services based on the operation of automatic learning and large data (intelligent artificial algorithms will be able to predict the probability of repayment of credit and time of financial assistance to the company).
- Service Warranty Mobile applications with biometric identification of multi-currency transactions.
Token - FSBT
Currently, ICO for FSBT Token continues, which will expire on April 30, 2018. A maximum of 5,555,555 FSBT can be made. Every time an investor contributes, the number of FSBT credit cards will be generated and sent to the investor. The project has more than 900,000 FSBT Softcaps, they have raised enough capital to continue the project. Hardcap is 5,000,000 FSBT and currently they have reached 2,681,012 FSBT. When ICO ends, if hardware fails, the remaining FSBT will not be generated. Theoretically, a low source token will certainly appeal to investors.
The FSBT Token will be very important to take advantage of the opportunities offered by the Bank of Four Seven. Developers will need at least 1000 FSBT cards to launch their apps on the Bank of Four Seven platform. The amount of code needed will depend on how complicated the application is, along with a number of other factors. Likewise, businesses looking to build automated businesses with blockchain-based technology and smart contracts also require FSBT. The idea of creating FSBT tokens is an integral part of the Bank of Four Seven platform, creating a natural need in the secondary market.
The current FSBT Token is an ERC20 token. This is a token on the Ethereal platform, so it can be stored in any type of compatible ERC20 wallet.
Benefits to loyal customers - FSBT
There is a loyalty program on Forty Seven platform. This program is special because it means Bank Seven will be the first project in the world to have a card-based loyalty program. This means that the FSBT holder will be the bank's top priority. The Bank of Seven Seas will invest 20% of the net income in the previous year into a loyalty program. Benefits will be distributed according to FSBT cardholder rates in the form of FSBL token through smart agreement. FSBL credit cards can be redeemed at Forty Bank loyalty stores. The types of products and services available from loyalty stores are airline tickets, hotel rooms, cell phones, laptops, equipment, clothing, and more.
( I have joined FSBT, I am not a financial consultant, I just share my opinion, please refer to it before contributing )
If you decide to join this project before the end on April 30, 2018, you may refer to the links below.
Website : https://www.fortyseven.io/
Whitepaper : https://drive.google.com/file/d/0BzvESRkgX-uDeHc1QjRzbHRBelU/view
Telegram : https://t.me/thefortyseven
Facebook : https://www.facebook.com/FortySevenBank/
Twitter : https://twitter.com/47foundation
Bitcointalk ANN : https://bitcointalk.org/index.php?topic=2225492
Author : Kolya Albina
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1880310
ETH : 0x4506B1E0413E516Fb9A0F5082d513C4F0c75323f