What is World Bit Bank (WBB)?
World Bit Bank is a project that allows to create banks groups by buying banks in different countries. World BIT BANK facilitates quick and inexpensive currency transactions in real time on blockchain technologies.
Vitsolutions Ltd. is in charge of World Bit Bank technical development and has being studied innovative financial technologies and blockchain technology from 2016. The World Bit Group, which manages the World Bit Bank, was established in 2018. It was registered in the EU and has a virtual currency against a currency exchange license and virtual currency wallet licenses.
The head office will be located in Zug, Switzerland. The team developing project consists of banking, IT, marketing and financial experts, as well as lawyers who create business for profit and create quality products for business.
WBB Principles of work
Imagine that user keeps a debit card all over the world and wants to buy some goods. User can register and set up WBB wallet on it gadget. It also activated a function that allows transactions in several cryptocurrency assets, for ex ETH BTC or WBB.
As soon as user places the card above the scanner, the WBB Wallet system receives a request with a description of the transactions from the API API. The WBB wallet interrogates the WBB or BTC exchange rate through its interface, and also checks whether the wallet has sufficient funds.
If the requests are successful, Wbb Wallet approves the transaction, and user receives a transaction warning on his phone. In the Wbb Wallet application, user can sees a certain amount of WBB or another crypto assets spent on goods. World Bit Bank (WBB) allows customers to pay in any crypto currency around the world as long as they have any crypto currency in their wallet.
The World Bit Bank offers a new banking solution developed on blockchain technologies:
- Easy to use and multiplatform support.
- Instant transactions.
- Customers have full control over their money at any time, and customer money can not be processed without customer approval.
- Low level or absence of transactions fees.
- Cryptographic protection.
- Credit/debit card.
- Open source API.
- Fully transparent source and movement of funds between accounts.
In the banking system between banks, one of which, on behalf of and at the expense of another bank, is always sent through the Central Bank. These operations are carried out using several 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.
About WBB Debit cards.
For electronic payments WBB there are several debit cards VISA / Mastercard, as well as cards for other payment systems.
The debt bank supports most types of , such as Bitcoin, Ethereum, Ripple and others.
Physical and corporate clients purchasing Wibcoin cards (WBB) for the amount from 1 to 10 ETH and from 10 ETH and more will be rewarded with a free debit card (VISA or MASTERCARD).
Cards types:
- Classic-with an investment from 1 to 3 ETH
- Gold with investments from 3 to 10 ETH
- Platinum-with an investment from 10 ETH or more
- Investors who invest less than 1 ETH receive a virtual World Bit Bank card.
WBB token and ICO.
After ICO, the Wibcoin (WBB) token will be traded on popular exchanges.
Advantage: Transactions low costs and fees.
WBB will create a crypto bank, which will provide a full range of banking services using virtual money. The company now has two bank licenses. With revenues from ICO in the near future, the company expects to purchase 9 banks around the world.
Fund distribution
Token WBB
Price 1 WBB = 0.0037 ETH
Platform Ethereum
Accepting ETH
Soft cap 500,000 EUR
Hard cap 25,000,000 EUR
Currently collected 15 726 826 EUR
REMAIN ICO's BONUSES
Roadmap
2016
IT company Vitsolutions, LLC, for the development of mobile applications and financial technologies, established. Team of banking experts and software developers assembled. Work on the World Bit Bank project underway.
26.12.2017
Contract of intent to purchase a bank in Europe signed.
27.12.2017- 26.04. 2018
Meeting with investors and presentation of the project to venture capital funds. Cooperation agreements with advisors and business partners of the project. Project concept formulation.
27.04.2018
Commencement of the PRE-ICO stage for creating the World Bit Bank prototype: Purchase of a bank in Europe, rebranding and all necessary procedures, launch of the first bank under the World Bit Bank brand; Creation and realisation of card product packages (Virtual\Electron, Classic, Gold, Platinum) in crytocurrency; Preparation for ICO of the World Bit Bank project.
4Q 2018 ICO
and sale of Wibcoin (WBB) tokens for purchasing 9 banks in various global financial jurisdictions under World Bit Bank brand. In particular, alternatives to purchase banks in USA, Canada, Brazil, Germany, Turkey, UK, India, Japan, Australia and Switzerland are under consideration
WBB TEAM
In Conclusion.
Why World Bit Bank - the answer is simle as look on a comparison below
