What if the traditional banking transaction has a connection with decentralized digital money system? yeah we know that is quite hard enough to make sense. hard to believe those points will happen in the current system. but what if you imagine what impact and what easiness will be given if those points become true. are that impossible? no that isn't. there are powerful thing are generated if those thing happening. let me tell you what will happen
Nowadays, people, digital currency called cryptocurrency has become part of the change of globalization and advances in technology. its ability and easiness gave comprehensive influence and connected to communication infrastructure. cryptocurrency had proved to face the condition that requires the speed of accuracy, accurate the data and simplicity ecosystem
Trading community nowadays uses a system or platform that giving them the possibility to conduct the P2P or B2B transaction using a intermediaries i.e the conventional bank financial service. that user supposed to do some long way process related many application requires. that variable is predictable. to giving control your money and safe protection. we admitted the conventional system isn't bad for all. but the long way process must be through sometimes burdensome the users
Based on this situation, the financial service of the conventional traditional system is better to connect to a great platform that working on a blockchain system. that great project is Forty Seven Bank. directly connected two financial service system both traditional system service with cryptocurrency procedure. that isn't impossible anymore. when users can access several different account bank as well as their access investment of cryptocurrency in the wallet. Digital and fiat combination. what a powerful platform it is. sales, purchasing in crypto will run well without any boundaries that separated before. it not only solving the boundaries financial service problem. also giving opportunities to a private person, business entity, developers, and traders
The function of bridge truly connect two parties or ways are separated. the analogy is fit for Forty Seven Bank. Forty-Seven Bank builds the bridge between a traditional financial world with cryptocurrency world. implement payment Service 2 Directive (PSD2) supervised by European Commision. making the transaction between financial service compliant with regulatory framework and working in a legal ecosystem. Forty-Seven Bank will be the one financial institution to provide a link between crypto-fiat financial service that compliant even financial regulation.
Forty Seven bank will be the financial solution and operate in blockchain technology and other advanced technology such as biometrics and machine learning technology. those points will show clearly by user-friendly API to all of the users handling their activity with only several touches. no need bothered again with many procedure and complicated interfaces.
Forty Seven Bank has an extraordinary mission to provide innovative, secure and reliable service to many entities such as individual, business, developers, merchant and others. their service will unite traditional product with finance service directly by Offering the Uniqueness of Forty Seven Bank. e.g. transparency, financial stability, effectiveness and user-friendly procedures, security and privacy, innovation, customers satisfaction, Market share growth and worldwide expansion, and Market share growth and worldwide expansion
The way this system uses app devices run by developer partners. And later, users will be able to Forty Seven Bank application platform in all devices work and customer communication. For this, it needs an intermediary named token. This token can be double. As a currency exchanges tool that will be utilized by customers in the form of deposits and investment tools that can be traded in the exchange of digital currencies and conventional.
ICO of FSBT
Forty seven bank have abbreviation is FSBT or Forty Seven Bank Token. ICO allowing the investor to get FBST token on the official website (https://www.fortyseven.io/). it is the right time to all participants to join with his powerful project by investing in FSBT token. , in the current ICO (Initial Coin Offering), the value is very affordable and there are some bonuses will be given, with the limited amount that sold during ICO give you more opportunities. but if you lose the ICO moment don't worry you will get these in cryptocurrency exchange later if it is listed where they sell FSBT token products. Sure, the price is different than during the ICO was held. you can buy it with ETH (Ethereum) or BTC(Bitcoin)
The value is 1 FSBT = 0.00428 ETH include the bonuses. also available for the options fiat payment if you want to buy FSBT using fiat money - USD when it is listed in cryptocurrency exchange. The number of FSBT tokens will produce only the specific amount. precisely produce only 11,063,829 FSBT. This amount already includes the bonus given during the initial purchase period.
The FSBT token holder will benefit greatly by becoming a bank's top priority client and will be awarded an annual loyalty to the FSBL token that can be redeemed at our loyalty stores into various products and services. On the internet, everything is available in a transparent manner, and it is worth your consideration before you decide to buy something on offer. The result? Depending on the number of participants involved in the platform's ecosystem. The more connected, the better results will be
October 2016 -Elaboration of the concept of a modern bank that will work with cryptocurrencies and fiat money
February 2017 - Formation of a team, research, market analysis
March 2017 - Detailed project plan elaboration
April 2017 - Bank’s financial model construction, preliminary calculations
May 2017 - Idea of administering project’s crowdfunding
June 2017 - Preparation of documentation for crowdfunding administering
October 2017 -Start of crowdfunding via Token Launch
December 2017 -Successful completion of Token Launch, summing up
January 2018 - Procedures elaboration and creation of document base for the company
February 2018 -Software infrastructure deployment
April 2018 - Applying for EMI, PI authorization at FCA
May 2018 - Integration with SWIFT system
June 2018 - Certification according to QSA PCI DSS Level 1 standard
July 2018 -Obtaining EMI, PI licenses, and authorization for activity from FCA
August 2018 -Launch of services for FSBT tokens holders
September 2018 - Launch of services for private clients
November 2018 -Submission of documents to obtain banking license
May 2019 -Obtaining banking license, launch of services for business clients
June 2019 - Start of providing full-scale banking services
Price: 1 FSBT = 0.0047 ETH
Bonus: Available
Platform: Ethereum
Accepting: ETH, BTC, Fiat
Soft cap: 3,600 ETH
Hard cap: 36,000 ETH
Country: Latvia
In the end,
At least this my overall review about Forty Seven Bank. the advance of technology cannot avoid again whatever you move. for all of you still having a mind about the specific details of Forty Seven Bank, can directly visit the link following Below
Useful Links:
Website: https://www.fortyseven.io/
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=2225492
Whitepaper: https://drive.google.com/file/d/0BzvESRkgX-uDeHc1QjRzbHRBelU/view
Telegram: https://t.me/thefortyseven
Facebook: https://www.facebook.com/FortySevenBank/
Twitter: https://twitter.com/47foundation
Author
Name : Kharisa Christvien
Username BTT : Alval
BitcoinTalk Link : https://bitcointalk.org/index.php?action=profile;u=1338699;sa=summary
My ETH wallet address:
0x1e56c89B3aFbA97b2EfE1d2C566b0100d69FBb32
