The World Bit Bank project will create a group of cryptocurrency banks by acquiring existing banks in different countries (USA, Canada, Brazil, Germany, UK, Switzerland, Turkey, India, Japan, Australia) to service cryptocurrency customers to deliver the full range of financial services which includes cryptocurrency exchange, leasing company, insurance company, cryptocurrency fund.
The problems are not merely related to the scaling and further development of the cryptocurrencies but it is also related to the nature of the impact on the global economy. Making it easier for the merchants and payment service providers all over the world, cryptocurrency can become the true alternative to the fiat currency. Many startups and innovators have also suggested the idea of bringing complementary services in the financial world where the cryptocurrency can coexist with the fiat currency. Whatever be the approach for the cryptocurrency adoption, the time has come for the full-scale adoption of the cryptocurrency.
Why world Bit Bank?
Provides a global debit card which can be used anywhere.
Low charges for transactions
Transparency
Legality
Reliability
Exchange is easy and fast
Access and security
How does it work?
First, let's talk about speed.
Currently, if someone transacts using cryptocurrencies, the amount isn't transferred in real-time but held back for some time, and in some cases, for days. Also, withdrawing money is also a very hectic process and this is what turns off most people from using them.
But gone are those days now thanks to World Bit Bank.
The results were hilarious.
Some of were of the thought that cryptocurrencies are used only by people who want want to evade tax and launder money, and according to some, this is only for millionaires.
But then, I asked a very serious investor uncle of mine, and his response on why he didn't invest in cryptocurrencies was "Simply because there's no legal procedure to support me in case a dispute arises."
That's when I realized the need of a centralized system-like decentralized cryptocurrency bank, that will pave the way for their mass adoption.
That's exactly what World Bit Bank does.
WORLD BIT BANK is another platform with unique services for the cryptocurrency users. Based on the blockchain technology, it aims to revolutionize the world of cryptocurrency. Instant crypto to crypto exchange is one of the top services offered by the cryptocurrency exchange. Cryptocurrency trading would be much easier and smooth with the 24/7 customer service available on the platform. Bringing a smooth bridge between the world of fiat currency and cryptocurrency is another unique feature of the platform.
Token Allocation
ICO INFORMATION AND TEAM
1,000,000,000 WBB Tokens are created for the project. The token presale will start on 27th April 2018 and continue until 27th June 2018. The funds will be utilized for the development and marketing of the platform. The team working on the project is experienced in the field of financial technology and Blockchain applications.
There has been a flood of cryptocurrency exchanges and trading websites, who are thriving on the hopes of people making millions on the cryptocurrency investment. With the future of crypto-currency, companies like World bit bank have a lot of potential to grow in this market in ahead future.
More information you can find on these links:
Website: https://wbb.io/
Bitcointalk Thread: https://bitcointalk.org/index.php?topic=3206437.0