GB Systems is a decentralized Ethereum and Blockchain technology that has taken the banking and the insurance industry by storm. This Russian based company has already added to their system banks across the European Union, Russia, The USA and soon, Chinese banks will also be joining this system.
GB Systems is going to offer a trading platform for financial markets and create an easy way of doing business for the clients and the users of the system. GB Systems has developed a GB Wallet, which is a purse that contains all the services offered by a specific service provider.
GB Systems also has a loyalty rewarding programming where they supply their users with loans, mortgages and other money lending services at the lowest available interest rates.
They have developed a coin, GB Coin, that will be a crptocurrency for trading across the internet to acquire services. This coin will also be used in the payment of the GBCoin cab services in various supported countries.
To know more about this GBCoin, you can visit their website and white paper on:
Website: https://gbsystems.org/
Whitepaper: https://gbsystems.org/white_paper
Telegram : https://t.me/joinchat/B_oXfw7LStACWNm7Sha4dw
The Business Behind GB Systems
GB Systems is focused mainly on the financial industry. It will allow for creation of new business cases and further growth of relationships between systems. These systems may include: Banking Institutions, Payment Platform service providers, Micro financing institutions, motor industry, hotel and restaurants among many other. This servicebring with them, convenience.
The B2B banking services will help stores operating on an online platform to connect with other organizations to enable some one-day payments for customers using cryptocurrencies and Fiat Currencies. GB systems will also offer card systems for use by customers to make payments.
Their Business model:
The BM iscentred on digital exchanges systems. This simply means, one will be able to deposit finances in crypto currencies and Fiat and in turn use this money to carry out transactions with other customers within the system.
GBMarkets will in this case act as a platform on which traders can come and do business with each other. The GB Systems will act as a means and a storage of cryptocurrency and fiat, which the users will use to transact with one another.
The system will charge transaction fees on the transcations that will be happening amongst the user on the system.
Fiat currency transactions will be verified manually by the support staff working on the system, However, crpto currency transactions will be automatically using the blockchain technology.
Once the system is fully running, we might as well bid farewell to the traditional methods of banking.
Roadmap and accomplished milestones:The GB System has already introduced payment cards. These cards will be used to store your cryto currency and fait which will be the currencies for transactions on the system.
They have so far managed to acquire a whole lot of licences from the Central Bank of Russia, The Central Bank of the EU, Cryptocurrencies licence, License to conduct insurance activities among many others.
In the coming periods, they are looking to be able to create a unified GB account, a multi currency wallet, SWIFT, among others.
The ICO :
The GBcoin or the GBCN as it is known is up for a crowdsale. The token presale was held in December 2017 with the actual crowsale beginning on 1st January this year. The crowdsale is supposed to last until 1st of May, 2018.
Coins will be trading at 1GBCoin=$25
The ICO is set to target a Hard Cap of $600 from the sale of the 20 million tokens that have been issued out. This represents only 50% of the GBCoin, with the remaining 50% set aside for the banking system inside the system.
The ICO will be limited only to accredited investors from the EU, USA, Russia and China with the minimum number of tokens one can buy set at $500 worth of coins. This is an interesting restriction as it will only allow for serious investors and not mere speculators.
One can buy the tokens using the Eth, BTC or the fiat.
The Team:
GB System is made up a team of committed and dedicated individuals with a combined experience of over 75 years in business and entrepreneurship. This gib=ves them an insight of the market and financial industry as a whole.
The team is led by:
Igor Narkevich: Igor is the brains behind the creation of the GB Systems. He has quite a lot of experience in development of such systems having previously developed a number of international projects with various banking systems across Europe.
Denis Derkach: Denis comes in as the co-founder of GB Network. He also serves as the Adviser of GB Systems. Previously Denis has gained a lot of experience in crypto currency to the point of even starting the Bitcoin School.
RinatAbrarov: Rinat doubles up as the co-founder of GB Network as well as an advisory to the GB Systems.
This core team is backed up by a whole team of other experienced individuals who are all committed to seeing that the dream of revolutionizing the banking sector is achieved.
Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=1519051
ETH id : 0xB911F8C464290B5a1D1A5736488BffAF346Dcc53