This is a unique new platform that provides banking services for individuals and companies. This system will do its work on a generally recognized regulatory framework and support crypto currency.
The platform will offer financial services, such as sales and purchases, investment opportunities or exchanges.
Forty-Seven Banks offer its customers a new innovative product called Multi Asset Account that will allow you to have access to all your crypto bank accounts and crypto currency purses using one account!
What is Forty Seven Bank?
Forty Seven is a unique project built to create a modern universal bank for both users of cryptocurrencies and adherents of the traditional monetary system; banks to be recognized by international financial organizations; a bank that will comply with all regulatory requirements.
Mission from Forty Seven Bank
Forty Seven Bank's mission and management team is to provide safe, innovative and easy-to-use financial services and products to our customers - individuals, businesses, developers, merchants, financial institutions and governments.
Forty Seven Bank is a bridge capable of connecting two financial worlds and building efficient communication between the two, a communication that will open the possibility to improve the modern financial system as a whole.
Forty Seven Bank Vision
Forty Seven Bank is a bridge capable of connecting two financial worlds and building efficient communication between the two, a communication that will open the possibility to improve the modern financial system as a whole.
Innovative Product
Innovative products for everyone. The flagship product is a Multi-Asset Account for a private customer with a bound card.
-Remote identification and authorization based on passport and biometric data
-A unique combination of payment tools - SWIFT cards, credit and debit cards, e-wallet, secure crypto payments
-Transactions with the type of cryptocurrency through the bank application and without the need to wait for the current exchange. Coupon upload, withdrawal, and conversion available
-Various services include crediting, insuring, invoice presentation, credit / debit card management etc.
-Cross platform access for clients to manage accounts opened with European banks in accordance with PSD2 orders
-UI is convenient and user-friendly
-An analysis that helps the client make the right financial decisions through a personal manager service created based on the machine learning algorithm.
Based on the possibilities of the banking and cryptography industry, we will take the best of both fields by using innovative and proven technologies in finance, analysis, and data security. Forty Seven Bank will provide an open, flexible and well-documented API that includes most banking services. We will launch our own financial app platform that uses our API. By attracting clients and external developers, we plan to turn it into an efficient ecosystem with an ever-increasing value. Implementing smart contracts to automate the financial process, enabling us to make deals and give credit without risk of fraud.
Implementation of machine learning technology will enable the creation of a personal manager to forecast all client desires. A virtual chat buddy will help in reallocating cash flow and will provide current financial information. Biometric technology and blockchain will allow users to open accounts remotely and access them via smartphones and ATMs without using cards. In combination with cryptographic encryption, this development will enhance the security of personal data and payments.
Token Emissions
What is Token Forty Seven: This is a sign that is part of Forty Seven Bank infrastructure and gives shareholders the opportunity to be a priority place in the bank loyalty program. The FSBT token holder is entitled to receive an annual bonus of FSBL - Forty Seven Bank loyalty token. In addition, FSBT tokens are an important economic part of the Forty Seven Bank ecosystem - they will be needed to access various products and services. After the crowdfunding campaign is complete, the FSBT token will be available for trading on various cryptocurrency exchanges.
What tokens are used for: 20% of the bank's annual net income will be invested into loyalty programs. By using smart contracts, each FSBT token holder will be able to receive their FSBL token based on the amount owned and subsequently, exchange FSBT tokens for different goods offered by the loyalty program (electronic goods, household goods, airline tickets, banking services, insurance , etc). All FSBT token holders will receive the right to participate in the Forty Seven Bank community crypto development program and decide which projects will be supported by the bank and its shareholders.
For more information please contact the link below:
Website: https: //www.fortyseven.io/
Whitepapper: https: //drive.google.com/file/d/0BzvESRkgX-uDeHc1QjRzbHRBelU/view
Facebook: https: //web.facebook.com/FortySevenBank/? _rdc = 1 & _rdr
Twitter: https: //twitter.com/47foundation
Telegram: https: //t.me/thefortyseven
Writer profile link: https://bitcointalk.org/index.php?action=profile;u=1912512
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