BABB Secures You Twice! (new ICO)
BABB is a platform that leverages the blockchain and biometrics technology to offer users the ability to become a bank; a BABB account can deposit/withdraw funds, issue loans, borrow sums, and even convert currencies.
One of the most obvious benefits of the blockchain is in transactions. The blockchain can decentralize banking while maintaining the security centralized, regulated institutions offer. This has led to many projects promising to bank the unbanned by leveraging the transparent nature of the blockchain. However, there's been a slew of such plans and the product offerings have become redundant with little differentiation.
BABB is finally offering a path of leveraging the blockchain to bank the unbanked with additional security factors that greatly increase the feasibility of decentralized banking.
BABB's team isn't merely relying on the Blockchain, they want to utilize cutting edge facial recognition technology to create a more authentic and thorough identity valuation of the platform's users.
The benefits of this are that the project adds an additional layer of security to increase credibility while not damaging the decentralized spirit of "banking the unbanked" movement.
Moreover, BABB isn't just allowing a means to lend money to other users, its allowing users access to a lot more financial services that usually only a bank could offer. Hence, BABB asserts to have the power to turn users into banks! And this assertion is strongly supported by the company's vision.
First and foremost, its additional security measures ensure user safety as a bank would. But then it goes on to offer services like deposits, withdrawals, currency exchange, and of course borrowing/lending funds.
Access to Capital is highly valuable to individuals pursuing entrepreneurial visions. But this is what many blockchain projects aiming to bank the unbanned have stopped at. BABB goes beyond the basic offering and provides services the everyday person is far more likely to use. Deposits and withdrawals are a far it's critical need to help the unbanned secure their funds.
Given the high volume of blockchain projects aiming to target the financial industry, competition is about to get very stiff. Projects that rely on low hanging fruits of the Blockchain, like transparency, as the entirety of their product, are about to get demolished by more complex and differentiated products like BABB.
Essential Information
Website: https://getbabb.com/
Whitepaper: https://getbabb.com/babb-whitepaper.pdf
ANN Thread: https://bitcointalk.org/index.php?topic=2349340.0
Telegram: https://t.me/babb_official
Token Sale: FEB. 6
Token Type: ERC20
Ticker: BAX
KYC: YES
Accepts: ETH
1 BAX = 0.0012 USD
Team From: UK
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BABB Website: https://getbabb.com/
https://bitcointalk.org/index.php?action=profile;u=1700741;sa=summary
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