fortysevenbank.io
Forty Seven Bank proposes to create a digital bank for the future. They plan to combine fiat and cryptocurrency simultaneously and provide all the traditional banking services under the platform.
The Forty Seven Bank aims to create an open application platform for developers of financial technology. They will create opportunities for developers with little capital or just make apps to compete with traditional banks.
Forty-seven Bank projects have a team of experienced and experienced banking and financial professionals. You can find information about members of the Forty-Billion Bank Group on the project's official website (LinkedIn profile).
PSD2 (Revised Payments Service Guide)
Bank Forty Seven aims to utilize the implementation of PSD2. PSD2 is the direction of the EU, which has opened the door for companies interested in the payment industry. When PSD2 is applied, traditional bank monopolies for customer account information will be lost. PSD2 aims to enhance competitiveness by introducing new types of payment services, enhancing security, protecting customers and broadening their horizons. PSD2 is an important step towards a single market. The need for PSD2 is applied as a law for I Member States on January 13, 2018, which means that most legal provisions will take effect from this date.
Digital Bank
Bank Forty Seven plans to become a leader in digital banking. They will become an organization where all your personal financial needs will be met. They will achieve this by combining cryptocurrency with traditional finance, applying biometric technologies for security and ease of use, monitoring financial situations, effective risk management and capital allocation. smart. These are just a few ideas that will be implemented in their plans. This is an ambitious project, I believe that the team has the experience, certification, and full efforts to achieve this goal in line with their route. Forty Seven Bank is necessary, especially as the world becomes increasingly digital and cryptocurrency is widely used. Because digital coins are widely accepted, it can not be denied that the market for new financial products and services will increase. The digital currency is currently very new and no financial institution provides adequate banking services to the sector.
Notification Code - FSBT
Currently, ICO for FSBT is still ongoing, which will expire on April 30, 2018. It can generate up to 5,555,555 FSBT. Every time an investor contributes, the number of FSBT credit cards will be generated and sent to the investor. The project has overcome the 900,000 FSBT softcap, which has mobilized enough capital to continue the project. Hardcap is 5,000,000 FSBT and they have reached 2,805,464 FSBT. When ICO ends, if hardcap is not reached, the remaining FSBT code will not be created. Theoretically, the supply of low notified codes will certainly attract investors.
The FSBT notification code will be required to take advantage of the opportunities provided by the Forty Seven Bank. Developers will need at least 1000 FSBT cards to launch their applications on the Forty-Four Bank Platform. The amount of code required will depend on complex applications, along with a number of other factors. Similarly, businesses that want to build an automated business with a combination of blockchain and smart contracts also need to have an FSBT card. The idea of generating FSBT tokens is an integral part of the Fourty Bank platform, creating a natural demand in the secondary market.
The current FSBT notification code is the ERC20 notifier. This is the code on the Ethereum platform, so it can be stored in an ERC20 compatible wallet.
Benefits to loyal customers - FSBL
There is a loyalty program on the Forty Seven platform. This program is very important because it means that Bank Forty Seven will be the first project in the world to have a card-based fidelity program. This means that the FSBT holder will be the bank's top priority. Forty Bank will invest 20% of its net profit last year on its loyalty program. Profits will be distributed proportionally between FSBT card holders as FSBL notices through smart contracts. FSBL credit cards can be redeemed at the Forty-Seven Bank loyalty store. The types of products and services available from loyalty stores include: airline tickets, hotel rooms, mobile phones, laptops, equipment, clothing, and more. Only cardholders benefit from loyalty programs based on bank performance.
If you would like to learn more about the benefits of keeping FSBT notices, please refer to the link given the address below.
TOKEN HOLDERS BENEFITS
Social media
Forty-seven banks are active on Twitter under @ foundation management, where they post news and updates about the project. Their Twitter professional, this is good in my opinion. I would recommend joining the https://t.me/thefortyseven Telegram channel where the admin team is very active. Reddit is another channel for collecting information about REDDIT projects . The official website of Bank Forty Seven is the WEB SITE
Conclusion
Bank Forty is an ambitious project, which is a necessary project. As the cryptocurrency market grows and many rules have been made, the idea of a banking solution that combines digital and traditional financial assets together will be revolutionary. The team has a long way to go, but with their APIv1 launch in March, their line has been partially reduced. Forty-seven banks have APIv1 released before the end of the FSBT release, so developers planning to join the Fintech's Forty-Seven Bank app store can start developing applications now. At the end of the fourth quarter of 2019, Bank of Fortune plans to apply for a banking license. This will mark the beginning of providing comprehensive banking services.
(I am investing an item on FSBT, I am not a financial consultant, I just share my opinion, consult before investing)
If you decide to invest in this project before the end of April 30, 2018, please consider using my referral link instead of thanking you for the fact that I've introduced you to the project. this is
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