World Bit Bank - the world’s first legal cryptocurrency bank

Opening an electronic bank is not a new topic, especially nowadays, when almost any currency transactions are transferred to online mode. However, the opening of a cryptobank, which will unite the financial flows of 10 major world banks of the leading countries of the financial world and the issuance of cryptocurrency, as a unit of account available to each of its customers - is a truly modern and new task.

https://wbb.io/

Moreover, WBB enables its clients to receive timely and reliable information about all the cryptocurrencies in the world market, their features and investment prospects. The participants of the World Bit Bank system will be able to establish their own cryptocurrency account, store any amount of virtual money of different types and pay for ordinary goods or services by any cryptocurrency available on their accounts.

This project provides for the creation of a single cryptobank that unites 10 key world banks of the leading countries of the financial system, including Switzerland, Germany, Great Britain, Japan, the United States, Canada, and enabling all its customers to buy, manage and capitalize cryptocurrency assets at any place of the world.

The mission of the WBB Bank is to create and ensure the effective functioning of an electronic banking crypto platform on the principle of blockchain for all its participants.

The main advantages of WBB:

1) Legality

WBB cryptobank carries out all its operational activities in accordance with the laws of the Eurozone and the laws of other participating countries.

2) Reliability

All personal data of the bank's clients are stored in a safe depository of digital assets and protected by blockchain technology. All the customer's funds are under his/her own control.

3) Transboundarity

Any operations of the bank's counterparties located in World Bit Bank ecosystem will now be carried out directly, without creating additional reserve accounts and conducting cryptocurrency transactions through the Central Bank. This increases the speed of data transfer without intermediaries, and provides access to cash assets in real time from anywhere in the world.

4) Transparency

Thanks to blockchain technology, a consolidated database of client information will be created. The entire history of transfers and payments, transactions with cryptocurrency, counterparty identification data, as well as details of smart contracts will be stored in a single data bank, encrypted and protected by cryptographic mechanisms. However, WBB bank customer will always have access to personal data on request.

5) Adaptability and innovation

WBB adapts to each client's needs, which is why it issues plastic cards familiar to everyone, which can be used for any purpose, from buying and paying for a cup of coffee to transferring an impressive amount of assets from different accounts in different currencies.

https://wbb.io/

                                         

Prospects for further development

Starting for June of the current year, WBB begins to develop a range of its functionality. Until the fall of 2018, active development and prototyping of the mobile version of crypto bank and crypto wallet ("WBB Mobile Banking" and "WBB Wallet"), as well as the creation and development of a crypto fund, the depository and crypto-exchange, will be carried out, which will result in issuing active Visa / Mastercard crypto cards for the bank customers.

And starting from September 2018, WBB will hold the ICO for the first time, guaranteeing its participants favorable conditions for joining the stake already now, as well as attractive bonuses when buying a WIBcoin token.

World Bit Bank is the world's first cryptocurrency bank offering the widest range of financial services for its customers with support of modern blockchain technology and introducing Wibcoin cryptocurrency. Working on the principles of transparency, legality, timeliness and transborderness, WBB integrates and applies new technological smart solutions to blockchain both for individuals and business agents around the world.  

Links:

Website: https://wbb.io/
WhitePaper: https://bit.ly/2tEI1UH
Telegram: https://t.me/WBBCoin
Facebook: https://www.facebook.com/WorldBitBank/
Twitter: https://twitter.com/WorldBitBank
Medium: https://medium.com/@coinwbb
ANN: https://bitcointalk.org/index.php?topic=3206437.0;topicseen
Author: https://bitcointalk.org/index.php?action=profile;u=980049

Disclaimer
This review by Bonanza Kreep is all opinion and analysis, not investment advice.

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