Obviously, everyone knows that there are so many banks spread worldwide currently and most of them are engaged in huge amounts. In conventional banks, we use to come to the bank and make a contribution; transfering our funds under their control and they begin to "belong" to the bank. Then, the bank in turn puts them into circulation.
We consider it a normal thing because we are used to and do not know the shortcomings. What about bank for cryptocurrencies since it will become a means of payment in the future? Here, Forty Seven Bank comes as the answer for that question.
Forty Seven Bank is an innovative approach to financial technologies, aimed at helping the first financial institution in the world meet the need for a crypto currency world and not only. The developers offer us the idea of creating a modern universal bank for both the owners of the crypto currency and for supporters of the traditional monetary system.
All financial services known to us will be available (purchase, investment, exchange). Banks will be recognized by international financial organizations and meet all regulatory requirements.
Forty Seven Bank offers the user an innovative product - Multi-Asset Account, which in turn will provide access to all of the user's bank accounts and crypto purses using a single account.
The Purposes:
What is the objective of the project team: "Providing financial services and products that are safe, innovative and easy to use for our customers - individuals, businesses, developers, sellers, financial institutions and governments." Forty-seven banks are a bridge that can unite two financial world and establish effective communication between them, a message that will open the possibility of improving the modern financial system as a whole. "
Product (Multi-Asset Account for private clients with linked card): Remote identification and authorization based on passport and biometric data
Product (Multi-Asset Account for private clients with linked card): Remote identification and authorization based on passport and biometric data.
- Unique combination of payment instruments - SWIFT cards, credit and debit cards, electronic wallet, secure crypt payments
- Transactions with any type of cryptococcus in the banking application and without having to wait for the current exchange. Possibility of unloading, removing and converting coupons.
- Various services include lending, insurance, billing, credit / debit card management, and so on.
- An analysis that helps the client make the right financial decisions, using a personal manager, created on the basis of the algorithm of machine learning.
- Access to the cross-platform for managing client accounts is open in European banks in accordance with orders PSD2
- The user interface is convenient and convenient for the user.
What Advantages Does This Platform Have for Business?
Below are some advantages you will get from Forty Seven Bank;
- Management of accounts through the application programming interface (API), the creation of financial applications
- Receive payment from merchants both on cryptographic and cash on a card account (SWIFT card) using a form or API
- Mobile application with biometric identification for multicurrency transactions
- Loyalty management for customers uses large data
- Factoring services based on machine learning and large data (artificial intelligence algorithms can predict the probability of repayment of a loan and the timeliness of financial assistance to companies)
- Services on deposit
- Mass payments for the market
FSBT ICO
FSBT tokens will be demanded by partners-developers in order to be able to upload their fintech applications into Forty Seven Bank App Platform. After the crowd-funding campaign is finished, FSBT tokens will be available for trade at various cryptocurrency exchanges.
By the time this article is written, the ICO is ongoing and will be closed withis 5 days. It has reached the softcap and close to the hard cap, it remains about 40% of tokensale. It means this token is worth to buy and seems to be promising project in the next time.
Token Details:
Abbreviation: FSBT
Control over emission: is provided by the system of interconnected smart contracts
Actual rate: 1 FSBT = 0.0047 ETH (including current bonus)
Maximum amount of tokens to be generated: 5 555 555 FSBT (incl. bonus tokens, tokens for bounty and founders).
Softcap: 3 600 ETH
Hardcap: 18 077 ETH
Accepted currencies on ICO: ETH, BTC
ICO: now – 30.04.2018
Roadmap and the Team
Roadmap:
Executive Team:
Experts Review:
For joining the ICO, please directly go to their website and for further details of Forty Seven Bank check links below:
Website: https://www.fortyseven.io/
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=2225492
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
Youtube:
Author:
Name: Yuni Tango
Bitcointalk username: Arwani112
Bitcointalk profie link: https://bitcointalk.org/index.php?action=profile;u=1345832
Telegram: https://t.me/yunitango
ETH address: 0x150564A1Fbe12a1D03F74a2e152Fc7468b7Cd7bD