Hallo, future lovers, with me , 9emb3lelit3 this time I will discuss about the excellent BANK for future development of technology devoted specifically to users of Cryptocurrencies, for more details, let us refer to my notes below,
The rapid development of technology has had a major impact on the financial services industry and has introduced a new phase of development.
The emergence of new technological opportunities has involved expanding the demands of consumers and individual institutions in ensuring the provision of certain financial services and the provision of all their regulations.
About FORTY-SEVEN.
Forty-seven is a future project built to create a modern universal bank, both for users of cryptocurrencies and adherents of the traditional monetary system.
Banks will be recognized by international financial organizations, banks that will comply with all regulatory requirements.
The professional teams of banking, finance, and IT worlds with the expertise and experience in creating and licensing payment systems, and the development of electronic financial institutions will work to realize the goals of future projects.
Our bank will be the largest structure that complies with all regulatory requirements and EU Payment Service Directive 2 (PSD2). We will comply with Know Your Customer (KYC) and Anti Money Laundering (AML) policies.
Forty-seven are based on three principles :
- Relevance.
- Comfort, and hospitality.
- Security.
Our experts use the latest technological developments such as blockchain, biometrics, smart contracting, learning machines and more.
Products and services that connect the financial world of the future of technology.
Forty-seven teams will develop systems compatible with PSD2
with blocking technology, smart contract, API, biometric learning technology and integrated engine.
Forty-Seven will offer unique crypto products such as bonds, futures and options. Forty-seven goals are to create such a market and take a leading position in both short and long term perspective.
Companies will be able to withdraw finances through products discovered by Forty-Seven Bank - Cryptobonds.
Cryptobonds will be traded on various exchange platforms ( mainly developed by Forty-Seven Bank ).
The uniqueness of Forty-Seven Bank will be the full technology and legal equipment for cryptococcal processing and treatment.
In the absence of a direct competitor, the bank believes that there will be a significant accumulation of demand for bank products and services at first glance that will create a constructive basis for healthy growth over the long term.
Over the past half year, the total market capitalization of all crypto increased has increased sevenfold.
In forty-seven opinions, today, the market is at an early stage and there is great potential in new projects aimed at the discovery and development of ecosystem projects and infrastructure for cryptoworld.
Forty-seven believe that Forty Seven Bank will be the first in its kind and will take a leading position in the market in such a short, and solid time.
Over the past year, ICO has become a widely used tool for cryptocurrency holders to donate resources into different projects. ICO is also another option for companies to generate finances.
Forty-seven vision and mission.
Forty-seven believe that once the PSD2 directive comes into effect in early 2018, the future of the EU financial sector will change significantly.
Forty-Seven Bank System will be developed in accordance with the upcoming regulatory framework from the initial stage, will provide forty-seven competitive advantages in terms of time and cost.
This is a very useful aspect before traditional banks are implementing the reorganization procedure to meet the new standards.
Most of the market share of the financial sector will turn to financial technology that will be able to produce and provide unique products and services along with customers and support high-quality technology.
We go ahead to take the lead position among these newbies and become one of the pioneers in the changing world of finance.
Forty-Seven Bank's mission and management team is to provide innovative and user friendly security, services and financial products to forty-seven individual, business, developer, merchant, financial and government customers.
Forty-seven sets of products will unite the world of cryptography and the traditional financial world and provide a new unique opportunity for both of them.
Forty-seven believe that once the PSD2 directive comes into effect in early 2018, the future of the EU financial sector will change significantly.
Forty-seven World Bank systems will be developed in accordance with the upcoming regulatory framework from an early stage, this will provide forty-four competitive advantages in terms of time and cost, and this is a very useful aspect before traditional banking implementing reorganization procedures to meet new standards.
Forty-Seven Bank's Mission and management team is to provide highly secure, innovative and user friendly financial services and products to forty-seven customers such as individuals, businesses, developers, merchants, financial institutions and governments.
Forty-Seven Bank is a bridge capable of connecting two financial worlds and building efficient communication between the two, a communication that will open the possibility to improve the modern financial system as a whole.
Our Seven Values :
1. Transparency.
2. Financial stability.
3. Effectiveness and firendly procedure of user.
4. Security and privacy, ( data protection ).
5. Innovation.
6. Customer satisfaction.
7. Growing market share and worldwide expansion.
8. Benefits for all stakeholders.
3 Products and Services - Products for Personal Persons
- Forty-seven banks aim to provide breadth.
- Traditional and digital financial products and.
- Spectrum of services for each client.
Products for Personal Person.
Together with secure online identification, automated assessment, due diligence and AML clients, customers can proceed with fast and secure banking.
The Bank will do so in accordance with the latest technology that uses biometrics. The use of biometrics in the banking sector has proved its effectiveness and precision and that is why it has grown rapidly in recent years and is not far from its peak.
Upon full identification of the prospective client and further registration in the operational database is completed, the client may access the following services provided by Forty-Seven Bank: IBAN, access to secure your crypto wallet and quota, credit and debit cards, personal and travel insurance, loans, to the Forty Seven App Platform with a wide range of applications, invoices, investments and brokerage services, and more.
TOKEN ISSUANCE.
What are the forty-seven benchmarks: Token that is part of the Forty-Seven Bank infrastructure and gives the tenant a priority place in the bank loyalty program.
FSBT chip holders are entitled to receive FSBL bonus bonuses of forty seven banks.
In addition, FSBT tokens are an important economic part of the Forty-Seven Bank ecosystem, they will be required to gain access to various products and services.
After the end of the crowdfunding campaign, the FSBT token will be available for trading on various cryptocurrency exchanges.
What is the purpose of the token: 20% of the bank's annual net income will be invested in a loyalty program.
By using a very smart contract, each FSBT token holder will be able to receive FSBL tokens based on the amount held and then replace the FSBT token for different goods offered by the loyalty program (electronic goods, household goods, airline tickets, banking services, insurance, and others).
All FSBT token holders are eligible to participate in the annual Forty-Seven Bank cryptography development program and decide which projects will be supported by the bank and all its shareholders.
Products for Personal.
Figure 1 below presents the range of products and services Forty-Seven Bank will provide to individuals.
With virtue of new banking regulation and optimal service decentralization.
communication between transactions, PSD2 orders impose significant operational changes and create a single digital market in Europe where consumers can continue their financial management from platforms that incorporate individualized services before.
Forty-seven banks in this case adhere to the facts of digital cryptographic transaction services and processing support.
Forty-seven Bank clients will have the opportunity to analyze and manage all financial operations in fiat and non-fiat currencies using the flexible analytical function of our smart software.
For technically advanced clients, it will be possible to manage bank accounts through the API.
Account management.
Forty-seven Bank clients will have many possibilities related to account management.
Having access to only one application, the customer will have access to all of his accounts in the bad banks, in one place, it will be easy to manage personal finances in such a way.
In addition, clients will have access to all crypto wallets, traditional asset financial investments (stocks, bonds, commodities, etc.) and credit or debit cards.
This is a flagship product provided by the bank and is called "Multi Asset Account".
This product will reduce the complexity of the use of different types of assets by centralizing all the personal financial activities of our customers in one of our systems. It would be easy to quickly transfer resources from one fiat currency to another, or from fiat currency to digital currency, or vice versa.
In addition, transaction costs will be reduced substantially by doing so at Forty-Seven Bank. Our Application Platform will also allow clients to use multiple analytics applications that may be able to assist with the management of personal finances.
Invoice.
Forty Seven-Bank will support its customers who love small products and services as individuals without a company.
Such people may be freelancers, copywriters, developers, translators, handicraft professionals, and others.
The Bank will provide user friendly and easy invoicing services to such customers.
By using this service, clients will be able to automatically issue invoices and receive fiat and non-fiat funds to cover it.
Deposits and Loans.
The Bank will provide deposits and loans in traditional fiat currencies such as EUR, USD and others, as well as non-fiat digital currencies such as BTC, ET and others.
Currently, no financial institution in the world has a similar product in non-fiat digital assets, while we see great potential for developing and introducing classic banking products for this non-fiat digital currency for the future.
Investment and intermediaries in buying and selling activities.
Individual clients will have the opportunity to create and manage their investment portfolio by using investment services and brokers provided by Forty-Seven Bank.
The Bank will develop its own exchange in addition to the exchange of partners that can be connected by using the Forty Seven Bank platform through the API.
The other best service from forty-seven.
The Bank will also have traditional products and services such as insurance, payment and transfer, payment and analysis history, cash withdrawals at ATMs of Forty-Seven Smart Bank, and also at our partner bank ATMs.
In addition, Forty-Seven Bank will provide intelligent support with integrated machine learning technology to our individual customers, this will help solve the problems between the bank and its customers in an effective way.
Product Services, and Products for Business.
In the past, Customer Relationship Management (CRM) has changed its approach to business and customer service.
We believe that smart contracts related to legal and financial banking services will result in a new technological revolution.
The synergy of smart contracts and blockchain will open up tremendous new opportunities.
Our team aims to penetrate traditional banking and enter into new banking perspectives using the latest exclusive services that are innovative for future benefits.
We create not only technology banks, we create a more comfortable, secure, and reputable future bank for you all.
The technological and operational facilities of our platform will be fully developed to support the needs of customers where customers can take full care of their personal or business expertise and benefit from digital and highly cost effective solutions in terms of payment and transaction management.
Our clients will have the opportunity to easily improve their business by using our infrastructure and business models.
Forty-Seven App Platform and API Management.
.
For our business customers, we will have a wide range of financial products and services.
All services will be available through the API for passing management.
We will make it possible to create a truly autonomous business thanks to full API access to its products and functions.
Payment Process and shipping list with name, amount and price to pay.
Forty-seven banks will provide various payment service solutions to our business customers.
E-commerce clients will have the possibility to easily receive payments on web pages, platforms, apps, games, and more, with an easy-to-use and informative merchant cabinet. They will have the opportunity to receive payments in traditional fiat currency through credit or debit cards (Visa, China UnionPay, MasterCard, Diners), and direct bank transfers.
In addition, entrepreneurs will be able to receive payments in digital currency with bank support that will provide the procedures for settlement of bookkeeping and interbank payments by transferring balances to eligible parties.
At the same time, banks will provide easy and accurate invoice services.
With all the services provided by Forty-Seven Bank, the company will have the opportunity to substantially reduce costs, improve the quality of procedures related to financial management and access to broad prospects prospects.
Financing and money lent
We want our business clients to provide the best solution to run it, fortified Seven Fort Bank will offer a loanable loan solution that will enable to immediately receive the money lent. The Bank will finance, manage and secure invoices issued by the company through,
The Company will have various short-term financing options for operational purposes, and the possibility of long-term funding for its development, expansion and growth. In addition, by integrating machine learning, banks will assist business clients with credit profiles from their customers.
POS biometric terminal.
We will develop POS terminal software, which will give our bank users the possibility to find a credit card or bank account to their fingerprints, and pay at the store by applying the thumbs to the fingerprint scanner installed in the POS terminal. This technology will improve the effectiveness of in-store payment processes, and will provide benefits not only for customers, but also for businesses, with down queues and increased sales.
White Label Processing.
We will provide infrastructure services to financial institutions.
Thanks to the main principles of Visa and MasterCard, we will provide a full spectrum of on-line acquisition services and we will give our partners and companies the opportunity to pay to their clients all types of payment solutions such as SMS, DMS, October, P2P, reversal, refund and others -other. In addition, we will process the terminal Point of Sale (POS). In addition, we will issue the publisher card and sponsorship services perish to our financial institution to all our partners.
ICO service.
Forty-seven Banks will provide services for companies that want to attract attention through
ICO.
This service can be accessed quickly.
We will also develop solutions for ICO projects and will provide a very interesting project analysis for you.
Products and Services-Products for Developers
Products for Developers
Forty-seven Bank products and services for financial technology.
All of our platform functions, from regular activities related to account management, opening accounts, uploading documents, printing credit and insurance will be created as a single microscope service.
All of these services along with the ailiate partner service will work through the API and all will be available to our clients through very secure channels. The business will have the opportunity to truly unlock its potential by automating its financial and operational activities by using APIs for connection to servers and smart contracts for the implementation of operations taking into account dierent conditions.
Bank as a Service (BaaS).
Our service called the Bank as a Service will enable entrepreneurs to gain access to all infrastructure elements of Forty-Seven Bank through the API.
Fintech start ups or those who want to try the banking business will be able to create a White Label bank or their own financial services agency. They are free to concentrate on marketing activities, while the developed infrastructure covered by banking licenses, technology, compliance, risk management and customer service will do the rest.
Loyalty Service.
Forty-Seven Bank will support developer partners in their marketing activities.
We are interested that developers are attracting as many customers as possible to use their app because it is possible, because each party gets a profit.
That is why we will support developer loyalty programs by providing cash back possibilities to their customers' cards or other marketing ideas that may be of interest to customers.
Forty Seven App Platform.
The opened API will allow our clients to develop applications (such as apps for smartphones) that will work with the potential Forty-Seven App Platform. Developers will be able to create their own banking applications, bots for complex account management or analytics applications. Relying on the possibility of on-line identification they will have the opportunity to scale indefinitely and earn significantly higher levels of income. We will manage marketing activities related to our platform and by introducing app developers will have the opportunity to attract their own client base, as well as to use our existing client and partner base.
Developer Meet-up.
In our opinion, API is currently the main channel for the appeal of new partners. The state of the art and the easy-to-use API is just a fraction of what it takes to fully realize the idea. That's why Forty-Seven Bank will hold developer meetings in Europe, Asia and CIS where we will explain how to operate our platform to realize your dreams.
Assessment Service, KYC and Compliance.
We will help our partners, developers with compliance services related to their customers, such as Forty-Seven Bank will have complex software with integrated machine learning that will be used in assessment procedures and KYC, our partners-developers will have the opportunity to use this tool in full capacity and save a lot of time and money while fully concentrating on the core tasks related to their business.
Analytics Data Models and Predictions.
Our sophisticated data analysis techniques powered by machine learning technology will provide important information for useful developers who can later be used in the decision-making process.
The amount of information and its significance with respect to particular issues will help to test different hypotheses and make predictive models related to the success of certain products or services.
Consulting services.
Forty-seven banks will have a consulting department that will share our knowledge and experience, and will help our partners to achieve their goals more quickly.
The department will act as an accelerator, this will help answer and resolve our legal, technical, or partner API's questions.
Products and Services for Merchants
Products for Merchants
Forty-Seven Bank products for merchants, various products and services will be glimpsed into the merchant.
There will be traditional products, as well as innovative crypto products developed and introduced by Forty-Seven Bank.
Account management.
Our Trading Account Management system will allow our customers to manage their trading accounts and access features such as trade reporting, configuration, funding and account tracking that show information such as margins, order order and execution to analyze trades and evaluate their performance and optimize strategies. For institutional clients there will be features to enable service providers such as brokers, advisors and hedge fund managers to link and manage multiple accounts that configure different tools to provide cost-effective services to their own clients.
Access to the Application Platform.
Forty-Seven Bank will give customers access to our arts trading platform to provide them with a valuable opportunity to trade equities, options, futures and forex. The mobile platform will feature a variety of userfriendly functions to monitor the market in real time and to track orders and trading positions from intuitive dashboard that can be customized with links to market calendars and interactive news. Our app will link to our client's banking account to allow free margin transfers.
Access to the Forty Seven Bank Exchange.
We will provide foreign exchange services to our customers including bank-to-bank transfers and foreign exchange transactions for international companies. Since we will operate large volumes, we will be able to transfer the wholesale rate that we operate directly to our customers. Our clients will be able to access this service at the time of account opening.
Access to the Exchange.
There is a growing trend towards the use of high speed models and direct orders as a success factor for business strategies for participants in the capital market. We intend to give our customers flexibility to adapt to the rapid changes in the market so they can take advantage of agitate-oriented opportunities through Direct Market Access (DMA). This feature will give our clients greater control over their trades and the opportunity to order directly on the market with the same level of playing field for their orders when trading in large sizes, as well as, more visibility, tighter spreads, limit order placement and both. and post market participation.
Analytics.
We will analyze our client's trading analysis with market insights for the right decision-making process. By providing information relating to market fundamentals and technical analysis, our clients can make informed decisions by knowing price zones and high probability price movements. Beyond these basic features, we will offer customized trading analysis to help our customers reduce trading costs and improve their trading execution with quantitative analysis and data-based strategies.
Derivatives.
We will reduce traditional and innovative derivative products in fiat and non-fiat currencies that open up the possibility for savvy investors to hedge and speculative positions in the market and capitalize on their fiat and non-fiat assets.
Hedging.
We will implement learning algorithms and machine-based marketing algorithms and hedging services to our customers. As an innovative institute technology is at the core of everything to be involved.
Smart Support.
Our trading services will be equipped with smart support not only provided by our trading platforms intuitive function but with a dedicated calling service to assist you in any queries regarding trading accounts, orders, positioning, execution and more.
Cryptobonds.
A digital instrument of debt denominated in Cryptobond.
It will be a non-investment grade instrument to be bought and sold freely in the digital currency market.
The idea is to acquire instruments that the company can use to improve cryptocapital and investors can speculate with the results of this instrument.
The market segments for these instruments are governments and corporations that require additional capital and private investors and institutions (speculators).
Cryptobonds will have the following characteristics :
- Assets supported;
- Conversion;
- Can be exchanged with carrier;
- Annual interest.
- In order for this instrument to operate, Forty-Seven Bank will follow the following related facilities:
- Underwriting;
- Initial publication;
- Market making;
- Brokerage;
- Permission.
Cryptofutures.
Digital future Cryptofuture-dimensional contracts, based on many aspects, digital assets, especially crypts that are not publicly known but still not widely used financial instruments that give top priority to the stakeholders and management teams of Forty-Seven Bank because it provides a serious competitive advantage and encourage contracts the future is related to future production. of the digital currency of the miner.
For this instrument to be operated, the following related facilities will be provided :
- Setup.
- Exchange.
- Intermediaries in buying and selling activities / brokers, (persons or legal entities that sell securities or goods for others on a commission basis).
Roadmap :
Executive team.
Advisory Board.
Sales Details Token :
Round 1
- ICO Begins: November 16, 2017.
- ICO Ends: December 16, 2017.
Round 2
- ICO Begins: November 17, 2017.
- ICO Expires: February 28, 2018.
Round 3
- ICO Begins: March 1, 2018.
- ICO Expires: March 31, 2018.
Name : Forty-Seven Bank Token
Symbol : FSBT
Token Price : 1 FSBT = 0.0047 ETH.
Token Support : ERC20.
Maximum Sales Target : 36000 ETH.
Distribution Token :
90% - Go to contributor.
5% - For the founders.
5% - Bounties.
Partners in collaboration with Forty Seven :
I feel quite my notes about this future project from Forty-Seven, if you are interested or feel something is not clear from my record, you can directly see it diwebsite below,
Author by 9emb3lelit3
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