World Bit Bank is a project that will create a group of banks by buying existing banks in different countries.WORLD BIT BANK facilitates fast and inexpensive currency transactions in real time on the basis of blocking technology.
The project will begin on the basis of companies registered in the EU World Bit Group. The head office will be located in Zug, Switzerland. The team implementing the project consists of banking, IT, marketing and financial experts, as well as lawyers who will create a business to generate profits and create quality products for the business and its customers.
To carry out PRE-ICO during the implementation of the WorldBitBank project, a company in the EU has already been established and legally registered. The goal of the project is the development of technologies and the establishment of the international crypto-currency bank WorldBitBank.
Clients prefer to give crypto currency to third parties, since the crypto-currency storage procedure is rather complicated. WorldBitBank customers will have access to a wide range of assets, not limited to a single crypto currency.
World Bit Bank will provide an opportunity to become a co-owner of a European bank, a crypto exchange, an insurance or a leasing company. A couple of years ago, it was quite difficult to open an account with a European bank. Today, thanks to the crypto currency, it will be much easier to open an account. To create a bank requires compliance with many conditions and the main one of them is a license to conduct financial transactions. Our project plans to purchase ten banks to introduce crypto-currency into the banking system. The first bank will be acquired in the EU and, accordingly, it will have all the necessary licenses.
The project will create a group of crypto-currency banks by buying existing existing banks in different countries. Being represented on a large part of the globe, we will provide millions of people with the opportunity to use banking services with the help of crypto-currencies. One of the services will be: loans in the crypto currency, crypto-currency payment cards, transfer and exchange of crypto-currencies and so on. The WBB Token is the fastest crypto currency that allows you to make payments, currency exchange transactions in real time and anywhere in the world. WBB will become the unit for calculating all economic transactions and will serve as a basis for interaction with other digital services. With a deposit of less than 1 ETH, the investor receives a virtual card. Individuals and corporate customers who purchase WBB for the amount of 1 or more ETN will receive payment cards Visa / MasterCard: Classic (from 1 to 3 ETH), Gold (from 3 to 10 ETH), Platinum (10+ ETH). The presence of the WBB token is planned on the exchanges Kraken, Bitstamp, Bittrex, Bitfinex, Polonix, Binance, HitBTC, Yobit.net.
For the transaction register between banks in the WorldBitBank ecosystem, block-technology is used that erases all boundaries. Each bank is part of the WorldBitBank ecosystem. Transactions are not conducted through the central bank, and for conducting transactions between banks, no reserve accounts are required. Transactions are performed directly between banks.
The procedure "Know your client (KYC") (Know your customer)
The KYC procedure is performed at the beginning and in the process of working with the client. Sometimes it is inconvenient for the client. A single database of customer documentation is created on the basis of block-technology. To do this, a closed blockbuster WorldBitBank will be created. The clients' data will be kept secure and will be available only to those banks that are part of the WBB. Blocking technology is used to create an "indefinite" file to verify the identity of the client. The customer's bank account, passport, workbook or medical card can be used as additional evidence (or blocks) of the chain.
The World Bit Bank (WBB) project offers a new solution developed on the basis of blocking technology:
📍Easy to use and multi-platform support
📍Middle deals
📍Customers have full control over their money at any time, and the customer's money can not be processed without the customer's approval.
📍Low level or absence of commissions for transactions
📍Cryptographic protection
📍Development card
📍API with open source
📍Fully transparent source and movement of funds between accounts
In the banking system, transactions between banks, one of which on behalf of and at the expense of another bank, are always conducted through the Central Bank. These operations are carried out using multiple central copies and in a single payment system. To minimize the risk for the performer, each bank must have a reserve account for each payment system.
Website: https://wbb.io/
Whitepaper: https://wbb.io/file/images/137/4/White%20Paper%20-%20World%20Bit%20Bank%20-%20EN-6.pdf
ANN: https://bitcointalk.org/index.php?topic=3206437.0