Advancement in the technology especially blockchain appeared thousand of a project that held on ICO. they appear to give a positive impact on human and social activities. some of these offer some kind new idea or new business. even for replacing obselete way and modernizing become more advanced and reliable. actually, there are of them run from their values and only showing time. often their objective out of their plan isn't clear. but it different with the project will introduce to you. Which of this projects are really useful for the development of humanity will only show time. this project is used as basis and breakthrough for an existing type of activity or business. guarantee it so useful for society even for personal or business sector. as an answer to the problematic problem at this moment anyway. namely Forty Seven Bank is the project which taking financial service problem as its main purpose and introducing its impetus to its development.
For peoples live in the current society this moment, they were knowing about all the outdated foundation and ineffectiveness of the traditional banking system, that represent by financial banking service. they are conservative, hard to doing innovation, and having regulations that not create win-win solutions. yeah, we can called them are conservatism
despite of the fact. majority of people still keep their money in the bank because most all of them are running out of the option. they realize that soon as their money appear. there is no one can guarantee they will completely control over 100% of their money.
Bank has great powers to control the people who save their money in it. the financial records of each person are in the hand of various financial or credit organization. we have to account for them the source of our funds also and every detail is forced to provide additional information or document to justify that relate to banking transaction.
But now, you can control and manage your money itself with no one absolute centralized regulator insist or forcing you to fulfill their wishes
But this is in the past, now you can control and manage your money with one of the centralized platforms, linking your finances with different banks.namely Forty seven Bank.
Forty Seven Bank is a unique, transparent and innovative platform that provides banking and other financial services for all individuals and legal entities. The bank will comply with all the standards and ensure the implementation of all transactions with crypto and fiat funds. Forty Seven Bank will provide such services as the asset purchase, sale, crediting, exchange operations, etc. Forty Seven Bank offers its customers an absolutely new innovative product - Multi-Asset Account, which allows everyone to open simultaneous access to a bank account with real traditional money and crypto-kosher using a single account.
Applying to new banking regulations and decentralized services optimizing the relationship between transactions, PSD2 orders require significant operational changes. Forty Seven Bank adheres to the criteria for the services of digital cryptographic transactions and ensures their processing.
applying to new banking regulations and decentralized services optimizing the relationship between transactions, PSD2 orders require significant operational changes. Forty Seven Bank adheres to the criteria for the services of digital cryptographic transactions and ensures their processing.
Forty Seven Bank is committed to providing a wide range of traditional and digital financial products and services to personal, Bussiness, Trader, and developer, summary those possibilites will be given for each entity in the picture and details below.
1. PRODUCT FOR PRIVATE PERSONS, encompassing several possibilities such as
The Product is provided for private entities are the following details below
Account Management, All clients will have many convenient options and functions for enhanced management of their accounts. Having access to only one application.
Deposit and Loans, Forty Seven Bank will accept deposits and provide loans in traditional currencies such as EUR, USD, etc., as well as non-digital digital currencies such as BTC, ETN, Monero, etc.
Investment and Brokerage, Individual clients will have opportunities to create and manage their investment portfolio by using investment and brokerage services provided by Forty Seven Bank
Invoicing, Forty Seven Bank will support its customers who are offering small products and services as individuals without having a company.
Other Services, through Forty Seven Bank ATM, it offering traditional products such as insurance, payment and transfer, payment history, and etc.
2. PRODUCT FOR BUSINESS , encompassing several possibilities such as
The Product is provided for business entities are the following details below
- Forty Seven App Platform and API Management, All the services will be available via API for management via smart contracts or customer applications.
Payment Processing and Invoicing, Forty Seven Bank will provide the wide range of payment processing solutions to our business clients. E-commerce clients will have the possibility to easily accept payments on different platforms and mobile app
Financing and Factoring, The bank will finance, manage and guarantee invoices issued by the company via smart contracts.
White Label Processing offering payment processing method to our partner base their type of payment solutions such as SMS, DMS,OCT, P2P, recurrent, moto, reversal, refund and others
Biometric POS terminals , We will develop POS terminal software, which will give users of our bank a possibility to connect a credit card or a bank account to his/her fingerprint, and pay in the store by applying a thumb to the fingerprint scanner attached to POS terminal.
ICO Services, Forty Seven Bank is going to provide services for companies that would like to attract financing via ICO.
3. Product for Developer, encompassing several possibilities such as
The Product is provided for developer entities are the following details below
- Bank as a Service (BaaS), Our service called Bank as a Service will allow entrepreneurs to get access to all infrastructure elements of Forty Seven Bank via API.
Forty Seven App Platform, opened API will give the opportunity to our clients to develop applications (like applications for smartphones) which will work using the potential of Forty Seven App Platform.
Loyalty Services, Forty Seven Bank will support partners-developers in their marketing activities.
Developer Meet-ups, organize periodically that purpose as meeting amongst developer in Europe, Asia, And over the world forty Seven Bank is going to
Scoring, KYC and Compliance Services, As Forty Seven Bank will have complex software tools with integrated machine learning that will be used in scoring and KYC procedures and more.
Data Analytics and Prediction Models, machine learning technology will provide developers with important useful information that can be later used in decisions making process. providing hypothesis and prediction model as consideration for the developers.
Consulting Services, Forty Seven Bank is going to have a consulting department that will share our knowledge and experience, as well as will help our partners to reach their goals more quickly.
4. PRODUCT OF TRADERS, encompassing several possibilities such as
The Product is provided for Trader entities are the following details below
- Account Management will allow our customers to manage their trading account and access procedure relate to trading activity.
- Access to App Platform, Forty Seven Bank will provide customers with access to our state of the art trading platform to offer them a cost efficient opportunity to trade equities, options, futures, and forex.
Access to Forty Seven Bank Exchange , Forty Seven Bank will provide foreign exchange services to our customers including bank-to-bank transfers and foreign exchange dealing for international corporations.
Access to Exchanges , provide the flexibility access that needed to adapt to rapid changes in the market so they can capitalize on agile orientated opportunities via Direct Market Access (DMA).
Analytics , offering our clients trading analytics with market insights for an effective decision-making process.
Derivatives , offering both traditional and innovative derivatives products in fiat and non-fiat currencies
Hedging , implement machine learning driven trading algorithms and hedging services to our customers.
Smart Support , complemented by smart support give another function that will assist the query in your trading account, encompass trading activity such as order, positions and more
Cryptobonds , will be a non-investment grade instrument to be freely bought and sold in the digital currency market.
Forty Seven Bank Technology
I will summarize the technology behind Forty Seven Bank Platform, it is too powerful. fulfill by enthusiasm to telling you about this useful and tremendous project kinda this. for detail more, you can access the whitepaper here (https://drive.google.com/file/d/0BzvESRkgX-uDeHc1QjRzbHRBelU/view) . seat your belt and give attention.
The technology of blocking will change the entire financial industry, including the banking sector. Developing and implementing the most advanced financial products and solutions. Blockchain should not only be useful to the supporters of the crypto currency, but also to all other persons. Forty Seven Bank will use in its activity all advanced technologies and innovations, such as smart contracts, block, API, biometrics and other technologies. The Forty Seven Bank team is proud to be a part of this process and strives to play a key role in this.
Crypto-currency wallets Forty Seven Bank will be able to provide its customers with multicurrency wallets on which it is possible to store crypto assets, control the flow of funds, easily translate and receive crypto-currencies, and request a transaction history. The Bank will safely and securely retain all the keys necessary to conduct block-chain transactions and ensure all other technical processes.
Crypto-currency gateway The bank will act as an encryption gateway that converts phatic funds into cryptocurrency and reverses transactions. Forty Seven Bank will be integrated with key crypto exchanges and will use its own reserves of funds and cryptocurrency for exchange, in accordance with the requests of our customers.
Cryptocurrency payment system For suppliers and traders, we will provide a secure crypto payment system. Buyers will be able to pay for goods in any currency through our payment system, including online stores.
Emissions of stable prices Forty Seven Bank will maintain the stability of the Crypto-currency rates supported by equivalent reserves in a fiat currency, such as the US dollar or the euro.
Whitelist and blacklist The bank will carefully monitor the activities of customers to identify and prevent money laundering activities. As a result of this procedure, we always know people and companies that we can trust and that we can not trust.
Personal and Corporate Identity Service, In the world of cryptography, it is very difficult to establish the identity of the counterparty for financial transactions. In real business, you need to have the confidence that you are working with a reliable person or company
PSD2 compliant system was developed by teams will give the customer to access another crypto product and can be traded on the various platform. as we know another cryptocurrency product e.g bond, future, and etc
Blockchain, biometrics, smart contract and machine learning technology other are developed with latest technology development by Forty Seven Bank . it absolutely creates hi-tech application performance and the safety and any requirement aspect is guaranteed
Forty-seven develops flexible, functional, and well-documented API. most of the have purpose to covering banking service even give easiness for traders, customers, and other entities to do financial activities. it also capable supporting trading activity within. the API work restful and a secure ecosystem. attracting client and external developers turn into becoming a powerful and efficient platform.
Appling of smart contract on the automated financial process will hedge from any risk of fraud. allow everyone to check in the public blockchain platform. Forty-Seven Bank allows the client to create their own contract. escrow contract, and Auction Contract as well as their wishes to support their agreement encompasses cash flow or other activity (such as biding, refund, etc) between seller and buyers.
Biometric technology mainly purpose is to protect customers from any cybercrime. the combination of encryption will give the maximum security. one of interesting is customers can remotely open an account or any access such as internet banking to receiving information related to banking product or accessing banking services. increasing maximum security of personal data and payment by using fingerprint data as a requirement to identify the real users.
Machine learning avoids the explosion of data recently happens. Forty-seven guarantees the stability of any threat variable from outside to keep the ecosystem running without any interfere especially on recording all
Blockchain technologies are going to transform whole financial and banking industry. Forty Seven Bank is proud to be part of these transformations and wants to play a key role in developing and delivering cutting-edge financial products and solutions to our clients. Blockchain should serve not only to the cryptocurrency enthusiasts, all people and businesses should benefit from this innovative technology.
Those offering aspect that mentioned above weaves being one platform by Forty-Seven. that innovative product is called Multi-Asset Account which will allow you to have access to all your bank accounts and crypto-currency only using a single account.
FORTY SEVEN BANK TEAMS
Every great project needs an even greater team. Forty seven bank executives team consists of twelve people. All of them experienced professionals with a lot to offer for the development the company. all of them have passion and desire to bring innovation to financial traditional service
In addition, there are eight advisors that guide and supports them in their work. the advisor specializing in finance, technology, and service sector. their credibility isn't doubted anymore he is a great mix of professionals that will lead the company to excellent results.
FORTY SEVEN BANK ROADMAP
The roadmap covers the period between Q4 2016 when it all starts and Q4 2019. the project plans to continue developing period by period. Everything is carefully planned so that each successive stage follows a schedule. This guarantees great results and perfect coordination.
FSTB TOKEN DISTRIBUTION
The distribution allocates for several stages. mostly distribute amongst investors that joined this project. the rest is distributed with proportion according to tothe picture.
90% = Goes to contributors
5% = For founders
5 % = For Bounties
Expert Review
Several well-known Expert specializing to review ICO project give their assessment result relate to Forty-seven. their values indicate the great perspective that Forty-seven will make the objective become true. their assessment believes The Forty-Seven Bank project will create an innovation in the financial world that will connect both traditional markets and the cryptocurrency market.
PARTNERSHIP
Every great project needs partners to help develop it. Forty Seven Bank is not an exception. The brilliant idea behind the company has attracted a number of partners. These are A Paybis, NGrowth, Microsoft Azure and a few more.
How to participate in Forty Seven Project?
Join The ICO
First You must Register/login here: https://my.fortyseven.io/login?redirect_url=%2F
Forty Seven Bank gathering fund by held ICO. the fund that collected during ICO mostly allocated to the development of Forty-seven Bank Project towards.'
FSBT is an Ethereum-based token that follows the ERC-208 standard. that will Operate in the Forty Seven platform, so the holder can completely control their digital asset in the ETH blockchain platform without the need to use any special software
Abbreviation: FSBT.
Circulation supply : (max 101 063 830 FSBT).
Token Rate: 1 FBST equally with 0.0047 ETH.
Minimum Contribution: None
Maximum Contribution: None
Accepted crypto-currencies during pre-ICO: ETH and BTC
Accepted crypto-currencies Payment: ETH, BTC.
Start date of pre-ICO # 1: October 30, 2017 (15:00, GMT + 1, London time).
The completion date of pre-ICO # 1: November 6, 2017 (23:59, GMT + 1, London time).
ICO start date: Q1 2018.
ICO completion date: End of April 2018.
BONUS SCHEMA
The bonuses will be rewarded some bonuses for investors who Join In the ICO duration. here the following details of bonuses will be rewarded
- Conclusion
Everyone love simplicity and easiness. Forty-Seven give the opportunities that never existed before, where customers will not be bothered with traditional way especially on accessing their account bank. the obsolete way will not be used anymore. Thanks to Forty Seven project for an innovative product is multi-account asset give possibility operate each access only in one account. controlling assent investment in cryptocurrency and equivalent it fiat isn't complex anymore.
For more information please contact the link below :
Website: https://www.fortyseven.io/
White Paper : https://drive.google.com/file/d/0BzvESRkgX-uDeHc1QjRzbHRBelU/view
Telegram: https ://t.me/thefortyseven
Twitter: https ://twitter.com/47foundation
Facebook : https://www.facebook.com/FortySevenBank
Author
Name : Kharisa Christvien
Username BTT : Alval
BitcoinTalk Link : https://bitcointalk.org/index.php?action=profile;u=1338699;sa=summary
My ETH wallet address:
0x1e56c89B3aFbA97b2EfE1d2C566b0100d69FBb32