AiBank Global... Poor people can fulfill their dream.

About AiBank Global:-

Entirely decentralized virtual bank utilizes the blockchain to deal with loans and other banking procedures, with no human input whatsoever

The modern system of relations in the banking sector is designed to make a profit, not to meet
customer needs, and it leaves much to be desired. Banks often work only as accumulators of
money, while they cannot always provide the population with the same money. A bank itself is
above all an institution of a financial nature that should work for the benefit of investors, that is,
attract as large percentage of the funds raised as possible. In this case, people come to the bank
for money if necessary and the bank issues on the assumption of its interests.

AI Bank Global presents Artificial Intelligence Bank as a digital bank that operates on the principles of the blockchain technology and does not set a goal of making a profit. Artificial Intelligence Bank is able to issue loans to any person (to make a profit from investment) that has access to the Internet.

With the help of modern technology and unique artificial intelligence, our product will be able to serve the client in any country without violating its laws. Our mission is to provide financial services in such a way that only people win, not the financial structures of the modern world. It is currently important to launch products like Artificial Intelligence Bank, products that work for a person, not for a system.

“When there is a need for emergency financial assistance, a loan or a microloancan help out with the current situation. However, what if a loan or a microloanwill be provided via the blockchain technology with the lowest interest rate on the planet and in the shortest possible time for anyone who has access to the Internet?”–this is the main idea of our project.

The AI Bank, a completely decentralized global financial entity, has announced its innovative plans which, according to the bank, aim to revolutionize the areas of banking and finance. It’s a completely new idea that many have called the next step in financial evolution, while others consider it to be a reflection of current norms and a culmination of recent technological trends and advancements. However, the general consensus appears to confirm that the idea of a decentralized bank that entirely operates with artificial intelligence is highly ambitious.

This paltfrom is based upon a completely non-profit ideology that aims to deliver the chance to avail microfinance opportunities to anyone around the world. The aim behind the bank’s services is to make use of the blockchain and offer microloans using the blockchain’s decentralizing features to bring microloan opportunities to those that need it, without any human participation whatsoever. The AI Bank understands that for the world of banking and microfinance to move forward, a completely uninterrupted and focused service needs to be introduced that gives control to the customer rather than organizations. That’s exactly what the blockchain offers, with artificial intelligence powering the transactions and loan procedures.
This project is highly ambitious project that aims to not just revolutionize and change the financial world, but also bring about positive change for humanity as well. It’s a non-profit start-up that aims to empower people who could not normally avail financial opportunities, with microloan and banking services that are aimed to help them in their work, their lives, and also improve their living conditions. The AI Bank hopes to be the change that it feels the world needs right now not just to change, but also to improve. It’s an ambitious project that brings its weight with focus towards human needs and solutions that aim to satisfy them with exemplary service.

Need to know that Inspired by the idea of Mohammed Yunus, we believe that in modern times, we need an even newer model of loans that would satisfy the needs of the entire population of the planet, whileespecting ideological principles.
We present our product Artificial Intelligence Bank as a digital bank that operates on the
principles of the blockchain technology and does not set a goal of making a profit. Artificial
Intelligence Bank is able to issue loans to any person (to make a profit from investment) that has
access to the Internet. With the help of modern technology and unique artificial intelligence, our
product will be able to serve the client in any country without violating its laws. Our mission is
to provide financial services in such a way that only people win, not the financial structures of
the modern world. It is currently important to launch products like Artificial Intelligence Bank,
products that work for a person, not for a system.

We offer a unique solution in the field of financial technology. The most developing market in
the world is the direct lending market. However, in general, market restrictions are constantly
observed, and they are often limited by the regulation by the central banks of the countries in
which microcrediting processes take place.

Mission of our product:-

Autonomy:-
All processes are fully automated. There are no restrictions on how often a bank can send money abroad or depend heavily on the possibility of formation of currency resistance. Sanctions, political decisions – all this becomes secondary.

Bank rate:-
All banks rates are constant. In this project, the lending rate and profitability depend primarily on the product ecosystem. The rate will be equal to such a value, which on the one hand will allow increasing the financial assets of the bank and on the other hand – ensuring a minimum interest on borrowed funds. And given that the interest in the project will be huge and the rate will be minimal – this will accelerate the growth of the turnover of funds and as a result, increase the yield.

Providing funds:-

Since the scoring system will be based on AI, its use will be identical to
banking conditions. This, in turn, will allow attracting funds in the amount that was previously
inaccessible to traditional MFIs. That is, we offer an opportunity for the bank to use virtually
unlimited financial resources. At the same time, the risk of non-return will be reduced from the
risk of 50% of MFIs to the risk of 10% of a traditional bank, which will already allow reducing
the interest rate.

Speed:-

AI will analyze more than 300 digital factors. The AI system is completely autonomous in the decision-making process, the person does not participate in it, and it is not important to provide any documents for receiving a loan. This will allow all decisions to be made instantly.

Scalability:-
The loan market is growing and the project will definitely be in demand and experience growth. This, in turn, will lead to laying the foundation for growth and development in it as soon as possible. We are already laying the potential for growth and the possibility of scaling up a business.

Since it will be fully automated, there will be no additional costs for rebuilding the business
model.

The number of possible microloans is determined relative to the financial assets of AI Bank,
which will constantly increase due to the proper functioning of its ecosystem. The primary task
of AI Bank is teaching AI to the level of issuing microloans with 95-99% of successful returns,
which will efficiently affect the increase in the scaling of the project.

In order to solve many problems with the current microloan market, AI Bank offers its own
ecosystem that is not guided by commercial interests but is designed to provide a complete
alternative to global financial systems. AI Bank, like other blockchain systems, directly links
supply and demand without the need for intermediaries.

Token:-

AIB Utility Token
USD 0.05 the price of one AIB token
Emission: 856,750,000 tokens

USD 250,000 private pre-sale of tokens, 5,000,000 tokens
Bonus with a private pre-sale of 35%.

USD 2,000,000 Soft Cap
USD 30,000,000 Hard Cap

Token distribution:

Public tokens (private sale, ICO) – 70% – 600,000,000 tokens
Economic reserve – 10% – 85,000,000 tokens
Advisory – 5% – 42,500,000 tokens
Bounty – 5% – 42,500,000 tokens
Partnership – 5% – 42,500,000 tokens
Marketing – 5% – 42,500,000 tokens

Roadmap:-

Oct. 2018 :- Idea
Nov. 2018 - Feb. 2019 :- Team building ,Token, website
Mar. 2019 - Apr. 2019 :- Private Sale
May 2019 - September 2019 :- ICO, Agreement with IT companies, List Token on main Exchanges, Agreement with banks on the placement of a fiat fund of AI bank, AI Bank product development, Writing pseudo code for AI Bank

The AI Bank hopes to be the change that it feels the world needs right now not just to change, but also to improve. It’s an ambitious project that brings its weight with focus towards human needs and solutions.

More Details:-

**Website :- ** https://aibank.global/
Whitepaper:- https://aibank.global/whitepaper.pdf

Bounty0x:- pinku007