What is Polybius?
Symbol: PLBT
Current Price: $3.45
Total Supply: 3,969,565 PLBT
https://coinmarketcap.com/assets/polybius/
According to their website https://polybius.io/:
"Polybius is a project aimed to create a regulated bank for the digital generation."
What is a Polybius token:
Polybius token - Polybius Blockchain Share - represents the right to receive a part of company's profit. All token holders are eligible for obtaining dividends according to their stakes. Any number of tokens (100％) sold at the end of ICO have right to receive 20％ of company's profits.
Payout Structure:
According to the company bylaws, at the end of a financial year 20％ of the company's profit is transferred to an ETH wallet. The ETH is then redistributed to all holders of Polybius Tokens according to smart contract conditions.
Technologies
- SSL
- Biometrics
- Decentralised Ledgers
- Smart contracts
- Open API
- Internet of Things
- Big Data
- Applied AI
"With the support of global banking experts and renowned tech veterans, Polybius aspires to build a comprehensive banking solution for all."
"Polybius Bank will combine features of modern banking, IoT, Big Data and Blockchain-based technologies while also meeting security and UX requirements, which will serve as an automation and digitalization ecosystem, allowing us to not only integrate single companies, but entire industries enabling access to financial and industrial services in the same Pass.."
Roadmap
Authorized Payment Institution
- P2P Loans
- Investment Portfolios
- EBA Clearing
- SWIFT Membership
- EPC Rulebooks
- API License*
- Payment Services
Electronic Money Institution
- Consumer and working capital loans
- Foreign Exchange
- Card Issuing and Payment Acquiring through a BIN Principal Member*
- EMI License*
Commercial Bank
- Credit Cards
- Savings Deposits
- Open API Apps
- Card Scheme Membership
- Bank License
Digital Pass
- Blockchain
- Big Data
- Applied AI
- Internet of Things
- eSignatures
- eSeals
SME Financial Marketplace
- Venture Capital
- Crowdfunding
- Insurance
- Brokerage
Venture Capital Crowdfunding
- All funds over $25m go to the SME Financial Marketplace investment and operational capital
Insurance Brokerage
- $100 Million
Entries marked with a star (.*) are not included in milestones of greater value.
Conclusion
Polybius definitely sounds like a forward thinking solution to combining banking and blockchain.
Especially now with other altcoins like Ripple and Stellar Lumens becoming popular, and with ALL of the techonologies the Polybius Team is putting together I am very curious to see how the game changes now!
So thank you for taking the time to check out my post about Polybius and if you want to know more check out their website https://polybius.io/ for all the details!
Image Source: http://bitcoinist.com/
Disclaimer: I am not an Investment Advisor, and this is not investment advice. This for entertainment purposes only!
Post - Vote - Earn :D