B A B B
Bank Account Based Blockchain .
Do you suffer from the absence of a bank account?
Do you suffer from the complexity of bank accounts?
Do you suffer from inability to manage bank accounts smoothly?
Solution with BABB
Because it is important to provide a bank account for every person in the world, because a very large number of people around the world can not access the financial services for that will create BABB .
What is BABB ?
BABB is the decentralised bank for the microeconomy, providing individuals and businesses with a UK bank account, powered by blockchain technology. The account is managed via a smartphone app and provides access to a decentralised payment card. In addition, partnerships with central banks allow for the integration and issuance of other digital currencies around the world, further stimulating local micro-economies and expanding the reach of the BABB solution and its underlying BAX token.
BABB will redesign the economy from the ground up,transforming it from a rigidly hierarchical and exclusionary system into a decentralised and inclusive one. By combining blockchain technology, biometrics and artificial intelligence,
we are creating the future of banking, radically different from what the world has seen before
:: FCA Authorised ::
BABB is already an FCA Authorised Payment Institution (API) and will be applying for a Banking licence in early 2018.
:: Technology With BABB ::
BLOCKCHAIN
Blockchain technology provides BABB's core services - recording transactions, Storing identity data and creating a secure channel for data sharing across the network.
Artificial intelligence
Artificial intelligence plays a key role in dynamic KYC, which mitigates risk in P2P transactions and helps BABB users decide who to interact with.
DIGITAL ID
DIGITAL ID Biometrics technology solves the issue of Identity for people without Official government-Issued ID by making it possible to open a bank account by taking a selfie and saying a passphrase
:: BABB MOBILE APPLICATION ::
We know the importance of having an application on the phone for ease of use and fast communication
ٍSo in BABB Mobile Application, anyone can quickly create a bank account as easily as “taking a selfie and humming a tune”, with no ID document required to open a basic wallet. Upload one form of ID or get referred by someone who is fully verified in the system to get access to your own basic bank account.
BABB allows businesses and individuals to control their money anywhere, as long as they have an internet connection.
BABB supports traditional banking functions such as transfers, payments, cash in/out, as well as other
peer-to-peer transactions using smart contracts.
In addition, users can generate income from their own money, by providing peer-to-peer services such as
currency exchange and loans and earning a fee, just like banks do.
:: BABB Token (BAX) ::
BAX is the native cryptocurrency that powers the BABB platform and acts as a universal croos-border currency for all BABB user. The BAX token is the lifeblood of the platform with several key use cases .
Token distribution
Check more at :https://getbabb.com
whitepaper : https://resources.getbabb.com/whitepapers/en/babb-whitepaper.pdf
