Hallo lovers of the future, greetings know from me, 9emb3lelit3. meeting this time, I will introduce a sophisticated Platform for a better future and also safe, let's welcome, BLOCK BANK. well, for more details, let's follow my notes below,
About Block Bank.
Block Bank is one of the first Crypto Banks in the world that will provide special services to meet the Global needs of Decentralized Commercial Funding.
The concept of Block Bank is the first of its kind, the Digital Funding platform that is designed perfectly to serve all the needs of people in this world rather than profit.
The platform will operate automatically Online to open Commercial products at very low cost to markets that were previously unreachable.
Vision and Mission of Block Bank.
Block Bank's vision and mission is to revolutionize the banking industry like, making credit more readily available and very affordable, even for those who do not have a bank account.
Block Bank will serve as a decentralized Crypto, designed to serve all the funding sources that are devoted, and focused on the needs of all humans on earth.
Why is Block Bank different ?
Block Bank is the next generation of B2B banking.
It puts its users in a position to get money loans and help people grow their business.
We do not offer personal accounts.
We offer loan products and financial services only.
Benefits.
Block Bank will benefit the corporate market by providing access to low-cost products in line with the terms, conditions and regulations of their legislation through branch and Kripto exchange by online.
Block Bank will provide products specifically designed to meet needs and improve efficiency.
Key Partnership.
Block Bank has relationships among other banks, as well as contribute with three separate International banking entities.
This is a key element to enable Block Bank to meet demand and provide services to clients from Block Bank.
Our Interbank partner is Royal Bank of Canada.
Decentralization of Banking System Framework Collateral accepted :
· Legal costs
· Cash Deposit Deposit
· Physical assets
· Crypto currency
· BTC
· Ethereum
· Litecoin
· Ripples
· Waves
· Neo
Provision of Operations.
Decentralization funding sources will provide financial inline with international laws digitally and directly to commercial entities.
Thus customers will benefit from custom product funds and low cost funding options as well as International banking compliant and financial services.
Customers will be able to lend against assets when received as well as crypto currency.
Regulatory License and Compliance.
Blook Bank has applied for International Banking license to operate in the international market.
This separates Block Bank from other Crypto banking projects that have struggled or failed to secure their corresponding ICOS licenses.
Failure to obtain licensing has caused problems and distress to value ICO investors as a token for such projects has declined.
Block Bank has an advantage because it already has a principal license and has invested heavily, to reduce all risks for investors.
All the following terms and regulations are met :
· International Banking License (terms)
· Basel Compliance ii
· Basel iii Compliance (2019)
· Data Protection License
· General insurance
What is Blockchain DDAMS ?
DDAMS is a Cryptographic Algorithm that will utilize Ethereum Blockchain.
Clients will use the system to submit their fund applications into the core banking system.
DDAMS Blockchain will store all banking information as well as a list of banking activities to provide transparency to all users.
DDAMS chain blocks will also keep transactions and bonuses distributed.
DDAMS benefits.
DDAMS enables partners and agencies to connect directly to core banking systems minimizing application time and product delivery.
DDAMS will serve as the backbone of the decentralized funding platform linking clients to institutions and funding, the products they need in Real Time.
Financial Projection.
The financial projections are based on the business revenue that has been calculated from the monthly sales projections as well as the contractual agreements and letters of intent from the partners.
Income.
Block Bank income consists of fees and interest charged on loans and all other products.
Load.
Represents all scheduled expenditures for regulatory requirements and annual business operations.
Because of the unlimited automation and scalability of the core system the annual running costs will not change.
Net profit.
Net income is the number of banks will earn after paying fees on an annual basis.
Bonus.
Payments are distributed to token holders via smart contract.
Why are Bank token blocks and coins always going around?
Because there is a limited supply of BBRT (Reserve Bank Token Block) as well as ongoing demand for funding.
The value of the Bank token block will increase in line with the request.
The main reason for this is that Block Bank will only accept the Reserve Bank Blo Token as a payment method for Bank Services Block. The next benefit is that by securing your deposit in BBRT as the value of BBRT increases you can offset this increase against your loan.
Structure Token.
Available to the public : 28 800 000
Treasury : 8 000 000
Advisory Board Team + : 2 000 000
Bounty : 1 200 000
TOTAL MAXIMUM SUPPLY : 40 000 000
Total Supply Circulated : 30 000 000
Token Distribution
Community 72%
Treasury 20%
Advisory 5%
Bounty 3%
What Guarantees that Tokens will not be depreciated ?
Due to the limited supply of token in circulation and unlimited demand for financial and token refinancing Block banks can only appreciate the value as Block Bank develops its loan portfolio. All Clients of Block Bank have to pay their fees and deposits in BBRT which means there will always be a demand for Block Bank reserve tokens and a stable, consistent high-volume secondary market consistently.
Benefits of Block Bank.
Business is flexible and because cloud-based client systems can expect bespoke customer service experience as well as bespoke products.
We believe this is a significant advantage.
Disadvantages Compared to Competition, As a business in its infancy there is a lack of ability to handle high-volume businesses. As businesses grow and staff praise expanding the business will be able to handle and process larger volumes of business.
Roadmap.
• (Nov 2017), payment of Banking permit application and submission.
• (Nov 2017), Swift Network Alliance 2 application and payment of Clearing Bank application and submission.
• (Nov 2017), Payment and Training of initial core banking software.
• (February / March 2018), Banking license acquisition.
• (April 2018), Core products and interface development.
• (April 2018), of relevant banking software, Swift network and clearing APLS Bank. Linking for core banking software.
• (May 2018), CCO Bank Block marketing launch campaign.
• Launch (July 2018), Bank Capital Block Pre CCO.
Team Block Bank.
If you are interested, or feel something is not clear, please see the website below,
Author by 9emb3lelit3
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