Tuesday, 19 June 2018

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

Over the past few years, the entire population is gradually beginning to store money in a variety of digital wallets, which in truth do not give confidence, but the appearance of the cryptocurrency has completely started to change the financial world and attitude to banks.
The development of digital currency is progressing at a rapid pace, offering every day a new project with its ideas and proposals. People need financial security and a variety of financial offerings that can really be useful. Thereofore, requires a banking institution that performs the functions of a Bank in a virtual network.
Based on this requirement, there is a technology team has developed a project named World Bit Bank (WBB) that will create a group of cryptocurrency banks by acquiring banks in different countries (US, Canada, Brazil, Germany, UK, Switzerland, Turkey, India, Japan, Australia) to serve cryptocurrency customers.
To deliver the full range of financial services, World Bit Bank will include the following:
  • a leasing company
  • an insurance company
  • a cryptocurrency fund
By covering a large portion of the globe, they will be able to provide millions of people with banking services using cryptocurrency such as: cryptocurrency loans, use of cryptocurrency in VISA/MasterCard debit cards, easy and cheap transfer and exchange of cryptocurrencies and many more financial transactions we make every day. Users can recieve many benifits from these services that makes WBB valueable.

Debit World Bit Bank Card

World Bit Bank will issue several series of VISA/Mastercard debit cards and debit cards of other payment systems for payments in cryptocurrencies. World Bit Bank debit cards will support most cryptocurrencies, such as Bitcoin, Dash, Ethereum (including the ERC20 standard) and others. This will give all World Bit Bank clients the opportunity to store and exchange cryptocurrencies.
Individuals and corporate clients buying Wibcoin (WBB) tokens worth between 1 and 10 ETH, and upwards of 10 ETH, will be offered extra bonuses in the form of free debit cards (VISA or MASTERCARD):
  • CLASSIC – with investment of 1 to 3 ETH
  • GOLD – with investment of 3 to 10 ETH
  • PLATINUM – with investment of 10 ETH or more
Investors investing less than 1 ETH will receive a World Bit Bank virtual card. 

World Bit Bank will also have a Mobile Banking App, with the user international payments. The App will reduce the transfer costs by 90% and cut transaction times, according to the official white paper on “about three seconds” to shorten. World Bit Bank is planning to connect their Mobile Banking App with PayPal, PayTM, Apple Pay and other payment solutions.
After downloading the mobile application, users must fill in their profile details, after which they will be able to make payments. The application will be integrated with PayPal; PayTM; ApplePay and other payment systems. With the WBB Mobile Banking, payments can be made anywhere in the world.  

The project employs a team of highly-skilled professionals from multiple business fields (bankers, lawyers, experts in CEO, PR, marketing, investing, programming, and so on):
Vladislav Romanenko (Mobile APP development), Maxim Boyko (Mobile APP development), Sergey Kulik (Senior Web Developer), Alina Sysa (Lawyer, banking specialist), Tatsyana Soldatova (Project manager), headed by highly-expericened CEO Igor Romanenko (Founder, CEO - "World Bit Bank"). The project is consulted by Sebastian Forbes (Financial Expert), Victor Chow (Asian Market and Investment Expert), Sriram Venkataraman (Banking, Capital Markets Expert).
On top of that, all of the team members have many years of expertise under their belts, including a successful project named "Vitsolutions" LLC.

In development plan, from 27.06.2018 to 01.09.2018, WBB plan to do many things: Acquisition of an existing bank in Europe; Rebranding the bank to World Bit Bank; Development of the WBB Mobile Banking prototype; Development and introduction of the WBB Wallet; Development of the WBB Exchange; Establishment of the WBB Fund; Establishment of the “WBB Depositary (storage of digital assets); Issuing bank customers Visa/Mastercard cryptocurrency debit cards. With these plan, we can see that WBB have a strong development now and in the future.
A roadmap with specific steps is very important for the development of a project. So WBB have a detail plan with movements until the year 2019.

I want to show you a comparision between traditional bank, crypto bank and World Bit Bank from WBB whitepaper to help you make your decision more sure before investing.

To summarize, although the community of the project is not huge yet, its Telegram Twitter has just over 2000 members, the project is really with great prospects, because in the age of new technologies it is necessary to keep up with the times, which they do. Digital currency is really in need of secure storage, such as World Bank Bit.
More Information:
Website: https://en.wbb.io
Whitepaper: https://en.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/r/WorldBitBank
Medium: https://medium.com/@coinwbb
Success comes from ideas, starting with enthusiastic people and flying high by the whole community
 Author by: Hoangvuhk3110Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1805177

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