World Bit Group, which manages the World Bit Bank project, is registered in the territory of Euro-Union and has several licenses for storage and trade in crypto currency. Being in the legal framework of European jurisdiction, all the assets of investors will be in the highest degree of security.
The company creates the world's first legal cryptocurrency Bank and plans to unite several European banks into one group, these are countries such as Australia, Brazil, Germany, Canada and others. This association will allow many people to access financial services without territorial and political barriers, eliminate intermediaries, make transfers faster, safer and at all levels.
To provide a full range of financial services, World Bit Bank will include:
exchange of electronic money;
a rental company;
an insurance company;
The "WBB" project is already a working system that will unite under its leadership 10 existing banks in the US, Canada, Brazil, UK, Germany, Switzerland, Turkey, India, Japan, Australia.
KYC is a procedure to be made from the start from the customer and in the working. Double when this must be against an argument and a unsupporting for customer. The unique database of the customers clients are created through blockchain.
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.
The World Bit Bank project introduces Wincoin (WBB), a block-based Ethereum based token, which is conceived as a public-key crypto currency for everyday digital services such as payments, currency conversion, and value storage. Wincoin (WBB) will become the unit for calculating all economic operations in the "World Bit Bank" ecosystem and will serve as a basis for interaction with other digital services.
Individuals and corporate clients who buy tokens Wincoin (WBB) in the amount of from 1 to 10 and from 10 ETH and more bonuses will be offered as a free issue of payment cards.
A default block of the Bank of the World of the Bit will be created for the destination item and the customer clients are secure and only access only to the banks are a WBB section. Blockchain used for the making a file of the 'permanent' file specified list of customer. The bank account, the property, the useful account and the calendar of the customer customer can be used as a another certificate - or the blocks for the string.
Investors who invest less than 1 ETH will receive a Virtual World Bit Bank Card.After Pre-ICO, the Wibcoin (WBB) token will be trading at the following exchanges: Kraken, Bitstamp, Bittrex, Bitfinex, Polonix, Binance, HitBTC, Yobit.net.
Current transactions involving crypto-currencies are a drop in the bucket compared to the amount of money transactions that generally occur in the world every day. The World Bit Bank project in the future will continue to develop special protocols, algorithms and software capable of coping with such a load. Also, the ecosystem will be able to exchange information and work with other products or systems without any restrictions on access and implementation. In the future, they plan to conduct blockchain integration with all existing systems based on other technologies.
A total of 1,000,000,000 WBB tokens will be issued. Each Wibcoin or WBB token has a value of €1. It will be available for trading after the pre-ICO. The hard cap is set at €500 million and soft cap at € 250 million for the ICO sales.
More information you can find on these links:
Website: https://wbb.io/
Bitcointalk Thread: https://bitcointalk.org/index.php?topic=3206437.0
ANN Thread: https://bitcointalk.org/index.php?topic=3206437.0
Facebook: https://www.facebook.com/WorldBitBank
Twitter: https://twitter.com/WorldBitBank