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

The company creates the world's first legal cryptocurrency Bank and plans to unite several European banks into one group, these are countries such as Australia, Brazil, Germany, Canada and others. This association will allow many people to access financial services without territorial and political barriers, eliminate intermediaries, make transfers faster, safer and at all levels.

Will provide the following important services like insurance, storage of their digital money and investing in a variety of instruments, leasing, exchange for other currencies. And all this will be implemented on one clear and convenient platform.

We are all used to using debit cards, the team took into account and this moment released their own. By the way, everybody can be obtained even for free at certain amounts of participation in the sale of tokens.

How does it work?

Let us consider that a guy named Sam holds the World Bit Bank debit card and wants to buy say A Shirt. Sam has registered and set up his WBB Wallet account. He has also activated the function which allows transactions in multiple assets, say WBB or BTC.

Once Sam places the card over the scanner, the WBB Wallet system receives a query with transaction details from the Visa Network API. WBB Wallet queries the WBB or BTC exchange rate via its interface and also checks whether the wallet has sufficient funds.

If the queries are successful, WBB Wallet approves the transaction and John receives an alert on the transaction on his phone. In the WBB Wallet application, John sees the exact number of WBB or BTC spent on the chips. World Bit Bank (WBB) enables bank customers to pay in any cryptocurrency worldwide as long as they have any digital money on their wallet.
KYC process procedure
KYC is a procedure to be made from the start from the customer and in the working. Double when this must be against an argument and a unsupporting for customer. The unique database of the customers clients are created through blockchain.
A default block of the Bank of the World of the Bit will be created for the destination item and the customer clients are secure and only access only to the banks are a WBB section. Blockchain used for the making a file of the 'permanent' file specified list of customer. The bank account, the property, the useful account and the calendar of the customer customer can be used as a another certificate - or the blocks for the string.

For instance, a client registers several financial products at once. In that case, the client will have to provide a set of documents for each product to confirm their identity and more, in order to pass the KYC procedure. Blockchain technology will be used to create an “perpetual” file confirming the identify of the client. The client’s bank account, passport, utility account and medical history can be used as another proof - or blocks - for their chain.
ICO details
Date: April 27, 2018 - June 27, 2018
SOFT CAP = € 500 thousand equivalent to 667.61 ETH (at an exchange rate of € 748.94\1ETH, as of 16.02.2018).
HARD CAP = € 25 million equivalent to 33 380.51 ETH (at an exchange of € 748.94\1ETH, as of 16.02.2018).

A total of 1,000,000,000 WBB tokens will be issued. Each Wibcoin or WBB token has a value of €1. It will be available for trading after the pre-ICO. The hard cap is set at €500 million and soft cap at € 250 million for the ICO sales. The pre-ICO began on April 23, 2018. The money so raised during the ICOs will be used to acquire 9 banks from around the globe.
More information you can find on these links:
Website: https://en.wbb.io
Whitepaper: https://en.wbb.io/file/images/137/4/WBB-WhitePaper-EN-2018-3.pdf
ANN Thread: https://bitcointalk.org/index.php?topic=3206437.0
Facebook: https://www.facebook.com/WorldBitBank
Twitter: https://twitter.com/WorldBitBank
Telegram: https://t.me/WBBCoin
Reddit: https://www.reddit.com/r/WorldBitBank
Medium: https://medium.com/@coinwbb

My profile: https://bitcointalk.org/index.php?action=profile;u=1805036