BABB - Make Your Own Bank
BABB is a decentralised banking platform that leverages blockchain, AI, and biometric technologies to offer anyone in the world access to a UK bank account for peer-to-peer financial services. More than 2 billion people live without access to financial services and it becomes a problem in the globalization era.
Globalization is accompanied by deregulation of banking activities and liberalization of financial markets. At the same time, institutional distinctions between different types of banking and financial activities are erased: commercial, investment, insurance, etc
What is BABB?
BABB builds a network without borders where everyone can participate in the usage of their social connection to trade, digital currencies, transact, etc. New tools and opportunities are waiting for you in BABB ecosystem filled with innovative solutions and ideas.
How to open your BABB account?
Excluding the physical institution of a bank from the concept of its management, the micro economy challenges the global market by launching the BABB platform – the decentralized bank which enables anyone in the world to create a UK account in just a few easy steps. The only preconditions for creating the BABB account are the possession of a smartphone and the internet access.
With the BABB app, you can open a bank account in the UK from anywhere in the world by fetching a selfie and saying a passphrase. Once entering the BABB ecosystem, he becomes his own bank. Anyone with smartphones and internet connection can participate in the global BABB market.
Product
- Beautiful smartphone app
- A real UK-based bank account
- True peer-to-peer financial services
- A secure payment card
Data privacy
BABB will employ privacy by design, implementing GDPR regulations into our operations. On the BABB platform the account holders have full ownership of and control over their own data. There will be different tiers of data protection, implemented through various means of storage and encryption. These will be optimised to ensure privacy by default and presented in clear and obvious UI.
Token sale
BABB will raise funds through a BAX token sale. The funds raised will be used to develop the app and the platform, apply for a banking licence, and operate the infrastructure. BABB will issue 50 billion tokens, 30 billion of which (60%) will be available for public sale, over two phases: the first with 40% in 2018, the second 20% in 2019 once the platform is live and the token in use. Any unsold tokens in each of these phases will be burned.
Details Information
Website : https://getbabb.com
Whitepapper : https://getbabb.com/babb-whitepaper.pdf
Twitter https://twitter.com/getbabb
Facebook https://www.facebook.com/getbabb/
Profile Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=1106036
ETH : 0x259a11956d1B4e1873c76B0b2fa59FFf5ce38fCA