"Polybius Bank" is a banking system of a new dimension using the most modern technologies, including block and specialized artificial intelligence. The idea of its creation belongs to the Estonian company HashCoins.
Possibilities of the first crypto bank
One of the tasks set by the creators of the project is to reduce the cost of maintaining the bank by using the most modern technologies.
Financial services Polybius will be fully integrated with international systems to provide all the necessary services for international payments around the world. The bank will be built on the principles of open API and the application of proven innovations and services in the payment and data processing industry. This is a real revolution in the sphere of banking.
Emercoin's contribution
The project was developed for more than a year by an international team of technical specialists, bankers and fintech entrepreneurs from five European countries. The Emer team took an active part in the creation of the first crypto bank. So, on the blockbuster of Emercoin the bank document circulation will be built.
At the core of the Emercoin blockade lies NVS technology, which allows you to record any information in the volume up to 20 kilobytes. These records have such important properties as uniqueness, the ability to transmit and unambiguously establish its affiliation.
In the blockbuster of Emercoin all important bank documents will be stored, which may be of interest to the public and have legal significance. European countries do not prohibit the use of blockage in a financial institution provided that the auditor confirms its operational safety.
Emercoin - an ecosystem of solutions on the block, representing various technologies for the development of programs and applications. For example, such as:
EmerSSL is a system of passwordless authentication in the Internet.
InfoCard - technology based on the blockbuster Emercoin, which allows you to automatically fill in user profiles. Used in conjunction with EmerSSL.
EmerTTS - a system for storing temporary stamps on the basis of the blockbuster Emercoin. The service allows you to record the placement time of any documents in the blockroom.
EmerDPO is a system of indisputable proof of ownership.
In addition, all holders of Emerald's crypto currency can become investors in the Polybius Bank project.
ICO Polybius Bank
May 31 was launched kraudfandingovaya campaign (ICO) of the bank. Polybius tokens, which are smart contracts, can be purchased until July 5.
The Polybius Token, also a share in the Polybius blockbuster, entitles the company to profit. All holders of tokens are entitled to dividends in accordance with their shares. 20% of the company's annual profit will be distributed among all tokens sold.
Three days after the launch, the amount of fundraising campaign fees of the Polybius project exceeded $ 6 million necessary for the registration and opening of Polybius Bank in the EU. This is the amount, according to the calculations of the Polybius Foundation, required to obtain a full banking license and launch in the EU country. Upon completion of the ICO, the Polybius Foundation will announce the country of registration of Polybius Bank. The choice is made between Lithuania, Luxembourg, Finland and Switzerland.
As of June 6, 2017, the amount of fees has already exceeded $ 10 million.
source https://bits.media