The Revolution in the Financial Service Industry - Forty Seven

in cryptocurrency •  7 years ago  (edited)

WHAT is Forty Seven ?



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Forty Seven Bank is a unique platform gives digital financial service to personal or company by "bridge" between cryptocurrency's procedure with the traditional monetary bank system via the single application so basic procedures on cryptocurrency (such as sale, purchase, etc) can be integrated with the traditional monetary system, actually allowing the users to access their different banks account and their crypto wallet simultaneously and real-time. As noted, its works are generally recognized and corresponding to regulator banking service.

What is the breakthrough it aims to achieve?


Forty Seven Bank is clearly aiming the breakthrough that doesn't exist before. providing user-friendly banking service which complaint with any financial banking regulator framework will give the customers an easiness and safety in access their wallet and do any financial service and admitted by financial authorities as legal activities.

What does Forty Seven bank Offer?


There are several values are offered by Forty Seven Bank to customers, these values are implemented in the Application. Actually, guarantee the customer for several aspects of doing the financial activity. these values are e.g,

  1. Transparency

  2. Financial Stability

  3. Effectiveness and user-friendly procedures

  4. Security and privacy (data protection)

  5. Innovativeness

  6. Customer satisfaction

  7. Market share growth and worldwide expansion

  8. Profit for all stakeholders

PSD2 compliant system was developed by teams will give the customer to access another crypto product and can be traded on the various platform. as we know another cryptocurrency product e.g bond, future, and etc

Blockchain, biometrics, smart contract and machine learning technology other are developed with latest technology development by Forty Seven Bank . it absolutely creates hi-tech application performance and the safety and any requirement aspect is guaranteed

Forty-seven develops flexible, functional, and well-documented API. most of the have purpose to covering banking service even give easiness for traders, customers, and other entities to do financial activities. it also capable supporting trading activity within. the API work restful and a secure ecosystem. attracting client and external developers turn into becoming a powerful and efficient platform.

Appling of smart contract on the automated financial process will hedge from any risk of fraud. allow everyone to check in the public blockchain platform. Forty-Seven Bank allows the client to create their own contract. escrow contract, and Auction Contract as well as their wishes to support their agreement encompasses cash flow or other activity (such as biding, refund, etc) between seller and buyers.

Biometric technology mainly purpose is to protect customers from any cybercrime. the combination of encryption will give the maximum security. one of interesting is customers can remotely open an account or any access such as internet banking to receiving information related to banking product or accessing banking services. increasing maximum security of personal data and payment by using fingerprint data as a requirement to identify the real users.

Machine learning avoids the explosion of data recently happens. Forty-seven guarantees the stability of any threat variable from outside to keep the ecosystem running without any interfere especially on recording all

Blockchain technologies are going to transform whole financial and banking industry. Forty Seven Bank is proud to be part of these transformations and wants to play a key role in developing and delivering cutting-edge financial products and solutions to our clients. Blockchain should serve not only to the cryptocurrency enthusiasts, all people and businesses should benefit from this innovative technology.

those offering aspect that mentioned above weaves being one platform by Forty-Seven. that innovative product is called Multi-Asset Account which will allow you to have access to all your bank accounts and crypto-currency only using a single account.

What Is the Product Forty Seven Bank offers?
Forty-Seven Bank provides several products to costumes that its oriented to serving financial solution and cutting-edge financial product. the following product below :

1.Product for Private Person , encompassing several functions such as

  • Account Management

  • Deposit and Loans

  • Investment and Brokerage

  • Invoicing

  • Other Services

2. Product for Business , encompassing several functions such as

  • Forty Seven App Platform and API Management

  • Payment Processing and Invoicing

  • Financing and Factoring

  • White Label Processing

  • Biometric POS terminals

  • ICO Services

3. Product for Developer , encompassing several functions such as

  • Bank as a Service (BaaS)

  • Forty Seven App Platform

  • Loyalty Services

  • Developer Meet-ups

  • Scoring, KYC and Compliance Services

  • Data Analytics and Prediction Models

  • Consulting Services

4. Product for Traders , encompassing several functions such as

  • Account Management

  • Access to App Platform

  • Access to Forty Seven Bank Exchange

  • Access to Exchanges

  • Analytics

  • Derivatives

  • Hedging

  • Smart Support

  • Cryptobonds

Forty Seven Bank Teams


Every great project needs an even greater team. Forty seven bank executives team consists of twelve people. All of them experienced professionals with a lot to offer for the development the company. all of them have passion and desire to bring innovation to financial traditional service.

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In addition, there are eight advisors that guide and supports them in their work. the advisor specializing in finance, technology, and service sector. their credibility isn't doubted anymore he is a great mix of professionals that will lead the company to excellent results.


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THE ROADMAP


The roadmap covers the period between Q4 2016 when it all starts and Q4 2019. the project plans to continue developing period by period. Everything is carefully planned so that each successive stage follows a schedule. This guarantees great results and perfect coordination.


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THE TOKEN DISTRIBUTION



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The distribution allocates for several stages. mostly distribute amongst investors that joined this project. the rest is distributed with proportion according to the picture.

90% = Goes to contributors

5% = For founders

5 % = For Bounties

Expert Review


Several well-known Expert specializing to review ICO project give their assessment result relate to Forty-seven. their values indicate the great perspective that Forty-seven will make the objective become true. their assessment believes The Forty-Seven Bank project will create an innovation in the financial world that will connect both traditional markets and the cryptocurrency market.


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PARTNERSHIP


Every great project needs partners to help develop it. Forty Seven Bank is not an exception. The brilliant idea behind the company has attracted a number of partners. These are A Paybis, growth, Microsoft Azure and a few more.


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How to participate in Forty Seven Project ?


Join The ICO

First You must Register / login here : https://my.fortyseven.io/login?redirect_url=%2F

Forty Seven Bank gathering fund by held ICO. the fund that collected during ICO mostly allocated to the development of Forty-seven Bank Project towards.'

FSBT is an Ethereum-based token that follows the ERC-208 standard. that will Operate in the forty seven platform, so the holder can completely control their digital asset in the ETH blockchain platform without the need to use any special software

Abbreviation : FSBT.

Circulation supply : (max 101 063 830 FSBT).

Token Rate : 1 FBST equall with 0.0047 ETH.

Minimum Contribution: None

Maximum Contribution: None

Accepted crypto-currencies during pre-ICO: ETH and BTC

Accepted crypto-currencies Payment : ETH, BTC.

Start date of pre-ICO # 1: October 30, 2017 (15:00, GMT + 1, London time).

The completion date of pre-ICO # 1: November 6, 2017 (23:59, GMT + 1, London time).

ICO start date: Q1 2018.

ICO completion date: End of April 2018.

BONUS SCHEMA
The bonuses will be rewarded some bonuses for investors who Join In the ICO duration. here the following details of bonuses will be rewarded


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-- Conclusion

Everyone love simplicity and easiness. Forty-Seven give the opportunities that never existed before, where customers will not be bothered with traditional way especially on accessing their account bank. the obsolete way will not be used anymore. Thanks to Forty Seven project for an innovative product is multi-account asset give possibility operate each access only in one account. controlling assent investment in cryptocurrency and equivalent it fiat isn't complex anymore.

For more information please contact the link below :

Website: https://www.fortyseven.io/

White Paper : https://drive.google.com/file/d/0BzvESRkgX-uDeHc1QjRzbHRBelU/view

Telegram: https ://t.me/thefortyseven

Twitter: https ://twitter.com/47foundation

Facebook : https://www.facebook.com/FortySevenBank


Author

Name : Kharisa Christvien

Username BTT : Alval

BitcoinTalk Link : https://bitcointalk.org/index.php?action=profile;u=1338699;sa=summary

My ETH wallet address:

0x1e56c89B3aFbA97b2EfE1d2C566b0100d69FBb32

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