Polybius (PLBT)

What is Polybius?

Symbol: PLBT
Current Price: $3.45
Total Supply: 3,969,565 PLBT
https://coinmarketcap.com/assets/polybius/

According to their website https://polybius.io/:

"Polybius is a project aimed to create a regulated bank for the digital generation."

What is a Polybius token:
Polybius token - Polybius Blockchain Share - represents the right to receive a part of company's profit. All token holders are eligible for obtaining dividends according to their stakes. Any number of tokens (100％) sold at the end of ICO have right to receive 20％ of company's profits.

Payout Structure:
According to the company bylaws, at the end of a financial year 20％ of the company's profit is transferred to an ETH wallet. The ETH is then redistributed to all holders of Polybius Tokens according to smart contract conditions.

Technologies

SSL
Biometrics
Decentralised Ledgers
Smart contracts
Open API
Internet of Things
Big Data
Applied AI

"With the support of global banking experts and renowned tech veterans, Polybius aspires to build a comprehensive banking solution for all."

"Polybius Bank will combine features of modern banking, IoT, Big Data and Blockchain-based technologies while also meeting security and UX requirements, which will serve as an automation and digitalization ecosystem, allowing us to not only integrate single companies, but entire industries enabling access to financial and industrial services in the same Pass.."

Roadmap

Authorized Payment Institution

P2P Loans
Investment Portfolios
EBA Clearing
SWIFT Membership
EPC Rulebooks
API License*
Payment Services

Electronic Money Institution

Consumer and working capital loans
Foreign Exchange
Card Issuing and Payment Acquiring through a BIN Principal Member*
EMI License*

Commercial Bank

Credit Cards
Savings Deposits
Open API Apps
Card Scheme Membership
Bank License

Digital Pass

Blockchain
Big Data
Applied AI
Internet of Things
eSignatures
eSeals

SME Financial Marketplace

Venture Capital
Crowdfunding
Insurance
Brokerage

Venture Capital Crowdfunding

All funds over $25m go to the SME Financial Marketplace investment and operational capital

Insurance Brokerage

$100 Million

Entries marked with a star (.*) are not included in milestones of greater value.

Conclusion

Polybius definitely sounds like a forward thinking solution to combining banking and blockchain.

Especially now with other altcoins like Ripple and Stellar Lumens becoming popular, and with ALL of the techonologies the Polybius Team is putting together I am very curious to see how the game changes now!

So thank you for taking the time to check out my post about Polybius and if you want to know more check out their website https://polybius.io/ for all the details!

Image Source: http://bitcoinist.com/