Forty Seven Bank. ICO.

The Forty Seven is initially established to bridge between the conventional monetary systems with the world of crypto currency. The company was built in 2017 and based on technologies of information, marketing, economics, finance, as well as game industry professionals. The Forty Seven Bank’s existence is for providing banking services with secure, user friendly and high quality system either for institutional or individual customers. The products of business interests created by this bank include API Management, Invoicing, White Label Processing and much more. Meanwhile the products of individuals include Multi Asset Account, Crypto Wallets Management, loans in FIAT and non — FIAT, and much more. The system gets full recognition from the compliant as well as financial authorities with a framework which is very well — regulated. The bank also functions to give full support to both the conventional fiat currencies and crypto currencies. The basic procedures of crypto currencies used by the bank includes buying and selling features, exchange options, current accounts, investments, and crypto — savings. The Multi Asset Accounts created by the bank will make it possible for the clients to get access to their accounts, savings, fiat equivalents, crypto wallets, investments and crypto currencies registered in different banks by using one application only.

Forty Seven Bank is a company engaged and concerned about the financial sector. Forty Seven Bank has a system that adopts blockchains technology . Blockchain technology itself is a technology that has a very high security system. So the chances for hacked is very minimal. This will greatly safeguard the security of your personal data as a customer.

Going forward for higher security, the system will be developed to identify the use of BIOMETRIC in the form of PIN code on each credit card owned by the customer. The program developers do not stop at just that point, but they will also incorporate fingerprint identification, tone of voice, and verification of personal data. So if the person does not have the original personal data, then the person can not use or access the system. This can avoid unwanted things, like use on something that is negative.

The featured product is a Multi-Asset Account for private customers with a tied card.

• Remote identification and authorisation based on passport and biometric data
• Unique combination of payment tools – SWIFT, credit and debit cards, e-wallets, secured cryptocurrency payments
• Transactions with any type of cryptocurrency through the bank’s application and with no need to wait for current exchanges. Uploading, withdrawal, and conversion by any pair is available
• Wide range of services including crediting, insuring, invoice presentation, credit/debit card management etc.
• Cross-platform access for clients to manage accounts opened with any European bank that complies with the PSD2 directive
• Convenient and user-friendly UI
• Analysis that helps a client to make the right financial decisions via services of a personal manager created on the basis of machine learning algorithms

Account Management

Forty Seven Bank clients will have a lot of possibilities related to account management. Having access to just one application, a customer will have access to all his accounts in dierent banks at one place  it will be easy to manage personal finance in such a way. Besides that, a client is going to have access to all his crypto wallets, investments in traditional financial assets (stocks, bonds, commodities, etc.) and credit or debit cards. This is a featured product oered by the bank and it is called a “Multi Asset Account”. The product will reduce complexities of using dierent types of assets by centralising all the financial activities of our private customers at our single system. It will be easy to quickly transfer resources from one fiat currency to another, or from fiat currency to a digital currency, or vice versa. Moreover, transaction costs will be reduced substantially by doing that at Forty Seven Bank. Our App Platform will also allow clients to use several analytical applications that might help in personal finance management.

Invoicing : Forty Seven Bank will support its customers who are oering small products and services as individuals without having a company. Such individuals might be freelancers, copywriters, developers, translators, handcraft professionals, etc. The bank will provide user friendly and simple invoicing services for such customers. By using the service, a client will be able to automatically issue invoices and receive both fiat and nonfiat funds to cover them.

Deposits and Loans

The bank will oer deposits and loans in traditional fiat currencies like EUR, USD and others, as well as in non-fiat digital currencies like BTC, ETH and others. At the moment, there is no financial institution in the world that is oering similar products in non-fiat digital assets, whereas we see that there is huge potential in developing and introducing classic banking products for non-fiat digital currencies.

Investments and Brokerage : Individual clients will have opportunities to create and manage their investment portfolio by using investment and brokerage services provided by Forty Seven Bank. The bank is going to develop its own exchange in addition to partnering exchanges that could be connected to by using Forty Seven Bank platform via API.

Other Services

The bank will also oer traditional products and services like insurance, payments and transfers, payment history and analysis, cash withdrawals at Forty Seven Bank Smart ATMs, as well as at ATMs of our partnering banks. Additionally, Forty Seven Bank will provide smart support with integrated machine learning technologies to our individual customers — it will help to resolve issues between the bank and its customers in evective way.

The Token Sale.

The abbreviation of the Token: FSBT.
The control over emission: is provided by the system of interconnected smart contracts.
The actual rate of the Token: 1 FSBT = 0.00393 ETH (including current bonus).
The Maximum amount of tokens to be generated: 11 063 829 FSBT (incl. bonus tokens, tokens for bounty and founders).
Softcap: 3 600 ETH.
Hardcap: 36 000 ETH.
Accepted currencies on ICO: ETH, BTC.
ICO is ended: 31.03.2018.

At this time Forty Seven Bank already has a banking management certification. In addition to legality, we are also supported by a team of reliable developers. Even some of our developers have got certification expertise in banking and IT. And obviously our developer team already has a lot of experience in the application and design of Blochains technology system . By the time we can estimate the new breakthrough we are running will become a legend in the EU.

For Detail Information.

Facebook: https://www.facebook.com/FortySevenBank/
Twitter: https://twitter.com/47foundation
Telegram: https://t.me/thefortyseven
Medium: https://medium.com/@fortyseven47
Reddit: https://www.reddit.com/r/FortySevenBank/
website: https://www.fortyseven.io/#aboutus
Whitepaper: https://icorating.com/upload/whitepaper/bAckRmuBiP0bGiOvNnSXu8Dj3e44yegqNHss4uvQ.pdf

Author: Name - PamorochUK
BTT Profile: https://bitcointalk.org/index.php?action=profile;u=1650071
ETH Wallet: 0xC6C7561D7CdbDA6E26d67c0483C0E8261A919172