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.
There are many mechanisms for conducting banking operations, and this led to the creation of a special structure for the implementation of money transactions. This structure is based on such components as banks, bank cards, services, ATMs, companies, stores. This is a large chain of intermediaries with commission payments and this forces the client to incur large costs.
The services provided under the project are:
-Cryptocurrency on your VISA/Mastercard debit card and debit cards of other payment systems
-Low charges for deposit and withdrawal of funds
-Fully legal cryptocurrency which can be used for business and paying taxes
-Cashback and loyalty programs
-Own cryptocurrency exchange
-Leasing company
-Exchange (buying and selling of cryptocurrency)
-Accepting any cryptocurrency for payment
-Servicing of electronic wallets with an exchange feature
-Conducting online currency exchange operations in cryptocurrency
-Trust management of cryptocurrency portfolio and other features
-All classic bank transactions using cryptocurrencies
Token Wibcoin (WBB) is based on Ethereum (ERC-20), therefore, like any other crypto currency, it will be traded on the exchange. In total, World Bit Bank plans to issue 1 billion Wibcoin tokens. At the time of the Pre-ICO, the development team plans to raise funds for all the initial elements of the World Bit Bank project, including the development of its stock exchange and cryptichelp. SOFT CAP and HARD CAP will range from 500,000 euros to 25,000,000 euros. At the same time, the price of one Wibcoin (WBB) token is 1 euro.
As payment cards connected to the World Bit Bank will be able to expense crypto funds, people will be able to treat crypto as a regular needs currency rather than just a tradable asset. Through this, World Bit Bank could make crypto gather mass adoption.
Teams that raised funds from ICOs will be able to liquidate their crypto funds and will be able to transfer them to a checking account. Additionally, to a large extent, the need to liquidate funds would be waived since World Bit Bank would make it possible to expense crypto directly.
The key members of the team are the founder of World Bit Bank, Igor Romanenko, who has more than twenty years of management experience as a director and top manager in private, public and strategic companies, including, according to the official White Paper, "extensive experience in planning, management finances and assets ".
Advantages and features of WBB: no borders, cross-platform mechanism of operation, ease of use, fast transactions, any customer can control all data about his money and transactions, minimum commissions, risk minimization, open source, transparency, authentication.
The goal is to provide quality additional services for traditional banking sector using an electronic platform and integrate crypto-conversion into banking operations so that clients can use the services of the project in everyday life.
This project to be very promising, since all its activities are aimed at improving the quality of services provided within the financial market of our time. Moreover, the developers of the project took into account all the mistakes of competitors, so they provided their project with the most complete, harmonious and practical. Therefore, I strongly recommend that you get acquainted with the details of the project in more detail
Website : https://wbb.io/
ANN tread BTT :https://bitcointalk.org/index.php?topic=3206437.0
Whitepaper : https://en.wbb.io/file/images/137/4/WBB-WhitePaper-EN-2018-3.pdf