WORLD BIT BANK - The World’s First Legal Cryptocurrency Bank

ABOUT WORLD BIT BANK

World Bit Bank is a decentralized project that will allow absolutely anyone to become a participant in the modern financial market. This company is registered under all legislative norms of the legal field of the European Union, taking into account all laws on combating financial terrorism and money laundering. The main goal of the project is to provide users with the opportunity to pay for purchases and services by any crypto-currencies around the world. That will significantly improve the quality of traditional banks by incorporating into their structure modern technology of blocking.

The whole technical part of the project will be based on two technologies, mobile and block technology. Mobile technology is designed to provide, in real time, user's money transactions. And the technology of blocking with its source code, allows to create a safe, reliable and transparent system. That's why the developers of the project developed a mobile application WBB Wallet, combining these two areas. At the same time World Bit Bank will offer its customers a debit card (VISA / Mastercard), through which the user can pay in any institution with the help of crypto currency. I consider this a very convenient and very necessary solution today.

Features of World Bit Bank

Absolute trans boundaries

Cross-platform nature

Easy usage

Instantaneousness of transactions

Funds always under control of the client. The client's funds

Cannot be handled without the client's approval

Low or zero transaction charges

High security thanks to cryptography

API with open source code

Full transparency of source and movement of funds between accounts

Authentication

Easy to use and multi-platform support

Instant deals

Customers have full control over their money at all times, and the customer's money can not be processed without the approval of the customer.

Low or no transaction fees

Cryptographic security

Debit card

API with open source

Fully transparent about the source and movement of funds between accounts

The blockchain transboundariness will be employed in our World Bit Bank ecosystem as a registry for transactions between banks.

In a banking system, transactions between banks, one of them on the instructions and at the expense of the other bank, are always conducted through a central bank. These transactions are carried out using numerous central copies and in a single payment system. In order to minimise the risk for the contractor, each bank must maintain a reserve account for each payment system.

How does World Bit Bank 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 Jack 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 Crypto currency worldwide as long as they have any digital money on their wallet.

The Benefits of World Bit Bank

MasterCard debit cards to provide for storage and exchange of cryptocurrencies.

Lowered transfer and transactional costs(90% reduction in costs)

Easy access to the history of the monetary event

Unlimited instant payments, contactless payments through NFC, mobile banking and wallets, and much more. (3 seconds timespan)

In compliance with the EU norms, which is a fully secure and robust financial market

Payments anytime anywhere.

Client security through the blockchain

Easy storage of digital assets

Cashback and loyalty programs

All classic banking features using crypto currencies

WORLD BIT BANK TOKEN (WIBCOIN)

The Wibcoin (WBB) is an ERC20 compliant token on the Ethereum blockchain. It is the unit of account of all transactions in the World Bit Bank ecosystem and can be used for common digital services like currency exchange, payments, value maintenance, etc. After the Pre-ICO, WBB tokens will be trading on exchanges like Kraken, Bittrex, Bitfinex, Polonix, Binance, HitBTC, Yobit.net. In addition, after the ICO, World Bit Bank customers will have the following features open to them:

• Participation in exchange auctions.

• Conducting transactions with low charges.

• All classic banking services using cryptocurrencies

• The opportunity to conduct transactions in cryptocurrency at any point of sale.

• Attracting funding for own project or business by offering digital assets in the form of bonds.

Anyone who buys Wibcoin tokens worth between 1 – 10 ETH and more will be offered free debit cards (VISA or MasterCard).

ICO DETAILS

A total of 1 billion WBB will be issued.

Price: 1 WBB = € 1

Pre-ICO softcap: 667.61 ETH or € 500,000 (at an exchange rate of € 748.94\1ETH, as of 16.02.2018).

Pre-ICO hardcap: 33,380 ETH or € 25 million (at an exchange of € 748.94\1ETH, as of 16.02.2018).

ICO softcap: 333,805.11 ETH or € 250 million (at an exchange of € 748.94\1ETH, as of 16.02.2018).

ICO hardcap: 667,610.22 ETH or €500 million (at an exchange of € 748.94\1ETH, as of 16.02.2018).

Bonuses

For buying 100 – 500 Wibcoin tokens, a 10% bonus will be offered.

For buying 500 – 1000 Wibcoin tokens, a 15 % bonus will be offered.

For buying 1000 – 5000 Wibcoin tokens, a 20 % bonus will be offered.

For buying 5000 – 10000 Wibcoin tokens, a 25 % bonus will be offered

PRE-ICO FUND USE

75% - Purchase of a bank
10% - Marketing
10% - Development
5% - Salary fund

TEAM MEMBERS AND ADVISORY MEMBERS TO THE PROJECT

Team seems to be the strongest part of this project. It consists of innovative and talented people. Of course I cannot complain if we talk about their professional level, guys indeed are experts on their field.

World Bit Bank is a decentralized project that will allow absolutely anyone to become a participant in the modern financial market. This company is registered under all legislative norms of the legal field of the European Union, taking into account all laws on combating financial terrorism and money laundering. The main goal of the project is to provide users with the opportunity to pay for purchases and services by any crypto-currencies around the world. That will significantly improve the quality of traditional banks by incorporating into their structure modern technology of blocking.

Be a part of this tremendous project and follow these links for more information;

Website: https://en.wbb.io/

ANN thread: https://bitcointalk.org/index.php?topic=3206437.0

Whitepaper: https://wbb.io/file/images/137/4/WBB-WhitePaper-EN-2018-3.pdf

Facebook: https://www.facebook.com/WorldBitBank/

Twitter: https://twitter.com/WorldBitBank

Telegram: https://t.me/WBBCoin

Reddit: https://www.reddit.com/user/WorldBitBanktoken/

Instagram: https://www.instagram.com/worldbitbanktoken/

Author
nugezmils

BITCOINTALK PROFILE
https://bitcointalk.org/index.php?action=profile;u=1729621

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