Rabu, 25 April 2018

FORTY SEVEN


Forty Seven Bank is a unique project built to create a second universal modern bank for users of cryptocurrencies and followers of the traditional monetary system; a bank to be recognized by an international financial organization; the bank will be in compliance with all regulatory requirements.

Forty Seven Bank will specialize in digital financial services by fully supporting cryptocurrencies and traditional fiat currencies. The basic cryptocurrency procedures include the sale and purchase of features, investment and foreign options and crypto savings accounts and current. Multi-asset accounts will be one of the innovative products selected by Forty Seven Bank-will allow customers to have access to all their accounts in dierent Bank and Crypto wallets as well as for their investments and savings in cryptocurrency and equivalent fiat through a single application . It would be possible to operate with each of the corresponding asset types by having only one Multi-Asset Account in Forty Seven Bank.



Service

The combination of unique and convenient payment instruments. Although Forty Seven Bank customers have multiple accounts, SWIFT systems, credit and debit cards, e-wallets can use, you can make secure payments using crypto currency. Customers anywhere in the world that can be accessed 24 hours 7 days, high-tech mobile and online banking, integrated encryption applications and access to modern banking services consisting of tools suitable for routine payments.
The uniqueness of Fourty Seven Bank will be many technological and legal equipment cryptocurrency processing and treatment.

  • Integrated mobile and web interface for managing accounts opened in every European bank that complies with PSD2.1 On 3 January 2018, PSD2 for payment service will begin to match. New opportunities for our customers will be created. Our customers will be able to centrally manage all accounts opened on behalf of a person in various EU banks. This resolves bank transfer issues and often requires customers to use different financial capacities to manage their accounts. To fully utilize the Forty Seven Bank service, the customer must enter a European bank account number in the application or website and agree to legitimate access.
  • Remote access and authorization using passports and biometric data. To become a Forty Seven customer, you need to visit the bank's website or download it from the AppStore. Authentication is done online without having to go to a bank branch. After a quick procedure, a fully functional account is opened on behalf of the client and immediately accesses the crypto service. The customer card is then sent to the adrese shown on the registration form.
  • Developed based on machine learning for our clients, Analytics is a personal assistant who helps you create a basket while your name makes the right financial decision. Up to 40 apps with convenient and easy-to-use interfaces are ideal for fund management. Based on automatic monthly spending analysis, you can manage your personal and family budgets with tips and advice from personal assistants.

Mission and Vision Fourty Seven Bank

The mission of Fourty Seven Bank and the management team is to provide security, innovative and financial services friendly to users and products to our customers, individuals, Businesses, developers, merchants, financial institutions and governments. Our range of products will unite the traditional and cryptoworld of world finance and provide a unique new opportunity for both.

Good products and services
Products for private people
  • Invoice
  • Account management
  • Deposits and loans
  • Investments and brokers
  • Other services
  • Technology
OUR VALUES ARE:
  • Transparency;
  • Financial stability;
  • User-friendly effectiveness and procedures;
  • Security and privacy (data protection);
  • Innovation;
  • Customer satisfaction;
  • Growing market share and worldwide expansion;
  • Fortunately for all stakeholders
Their products

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The new crypto-based bank aims to target consumers and businesses and offer features for both.

For consumers
  • Account management: By using a new project app, users will be able to access various features such as their cryptocurrency purses, their fiat based stock and their credit card. The new project also aims to reduce transaction costs for its users.
  • Loans: The project also hopes to offer customers loans as well as banks. They plan to offer loans in fiat currency but also expect to offer loans in crypto currency as well.
  • Investment: Users will be able to invest from apps and track them easily.
  • Invoicing: The new platform also hopes to attract self-employed and small freelancers by offering invoices. This is something that traditional banks offer little, often they prefer to ensure that any business-based activity is kept separate from personal accounts.
For business

Forty Seven Bank will also offer a range of products for business with just a few of them:
  • Invoicing and payment processing: The new platform will offer easy business using invoice software. They also plan to offer payment gateway websites that will allow them to receive payouts in crypto and fiat based currencies.
  • Factoring and financing: They also plan to offer financial assistance to small and large businesses. Factoring involves borrowing money business with their outstanding invoices used as collateral. It has become a huge market with many businesses low on cash flow.
Products for Private People People

personally will be able to gain access to the Application platform, Multi-Asset Account, Multi-Bank Account Management, credit / debit card management, crypto wallet management, fiat and non-fiat deposits, fiat and non-fiat lending -facilities, transfer and payment, payment history, withdrawal, currency conversion, non-fiat currency conversion, invoice, smart ATM and smart support.

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Products for Developers

Forty Seven Bank products and services for financial technology partners include; bank as a service, App market, API payment, card issuing, appraisal, KYC and compliance services, third party services and data analytics, loyalty services, and prediction models.

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Products for Merchants

Below are a variety of traditional and innovative crypto products that will be offered to the merchants. All that developed and introduced by Forty Seven Bank and them; access to the Application platform, access to forty-seven bank exchange, access to API exchange, merchant account management, analytics, in fiat and non-fiat derivatives, AI Hedging and smart support.

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Profit from the Forty Seven Bank

It soon became clear that there were various advantages associated with this cryptocurrency and the use of blockchain technology. By making it easier to move between cryptocurrency currencies and fiat currencies, it will cause the whole market operation more smoothly than ever before, but then they're not the only companies out there who deal with things this way.

There is no doubt that some agencies have been wary of using cryptocurrency and blockchain technology because they are effectively organized in their way as it has been around for some time. It is said that this is not a problem for these banks because they start from scratch and do not need to be tied to some kind of inheritance. This level of flexibility makes life easier for them and the adoption of this technology will not prove to be problematic. However, with the overall deployment of cryptocurrency usage, providing various banking services will definitely prove useful.

EARLY COIN OFFER (ICO)

Forty-seven bank tokens are abbreviated FSBT and are based on the ERC20 standard and also in the future through smart contracts. The forty-seven bank token holders can exchange ETH to FSBT but for now, tokens will be redeemed with ethereum and bitcoin at a price of .0047 ETH per token. The first round of ICO begins on November 16, 2017 and ends on December 16, 2017. The second round of ICO has not been announced. The seventy-seven bank softcaps are worth 3600 ETH while hardcap is worth 36000 ETH.
One token - 0.0047 ETH
ICO Hardcap - 36000 ETH
ICO Softcap - 3600 ETH
ICO duration round 1: 16 November - 16 December 2017
ICO duration of 2/3 round: will be announced soon.

BONUS STRUCTURE
  • ICO Round 1: 30% bonus
  • ICO Round 2: 20% bonus
  • ICO Round 3: bonus 0%
TOKENS

Abbreviation: FSBT (Forty-Seven Bank Token)
Actual Rate: 1 FSBT = 0.0047 ETH (including current bonus)
Maximum number of tokens to be generated: 5 555 555 FSBT
Softcap: 3600 ETH.
Hardcap: 36000 ETH.
Currency received at ICO: ETH, BTC
ICO: now - 30.042018.

DISTRIBUTION TOKEN

Contributors - 90%
Founder - 5%
Bounty - 5%

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OUR TEAM AND ADVISORS

Aleksandrs Malins - Chief Executive Officer, Board member
Igors Astapciks - Chief Operational Officer, Board Member
Vladimirs Tomko - Chief Marketing Officer, Board Member
Mihalis Skoblovs - chief Financial Officer, Board Member
Ariistoteles Vargas - Head of financial market development, Board Member
Anton Azamatov - Chief Technical Officer
Edgars Abols - Chief Legal Officer
Lilija Kovalcuka - Director of Art
Jevgenijs Lesevs - Head of Internal Audit
Vitalijs Grundsteins - Project Manager
Kristiana Stauere - Principal Analyst
Nana Zhang - Community Manager (Asia)
Victor Chow - Founding and Executing Partner, LVL88
Claude Chi - Chief Marketing Officer, Afterpiece Investment
Morten Hansen - Head of Economics, Stockholm School of Economics in Riga
Dmitry Dudin - Head of Product and Service Development Division, XB Software
Rinat Arslanov - Chief Executing Officer, Revain
Artem Kushik - Business Analyst, Credit Agricole CIB
Igors Danilovs - CFA, Senior Portfolio Manager, Swedbank
Jevgenijs Plams - Developer
Blockchain Inna Krievane - Financial Analyst, argus Vickers
Dianna Chen - Leader of Product Strategy & Development, Fier Consulting
Miguel Sanchez de Pedro - Senior Partner and Founder, Adviser OxValue SL
Chen SiYuan - Co-founder, Northern Capital Investment company

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Overall Conclusion About Forty Seven and ICO

The companies behind this cryptocurrency of course make a big statement about what they want to see happen with their project. To be the biggest bank in this field will need a lot of work and it's hard to see how they will make it happen at this early stage.

However, if they can indeed simplify the relationship between the two forms of currency, then it can greatly lead to this platform and the various services can really establish itself in what is a difficult industry. By using blockchain security, you can see how it can be an attractive proposition for many people and businesses and that part is no dispute as technology already exists and has been used repeatedly.

FOR MORE INFORMATION:


author: muhammadsosa
eth: 0x8056b4866D50eBCE01D33EDc967D38a6Bf724420

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