PRESS RELEASE ABOUT :AI BANK- GLOBAL DECENTRALIZED BANK WITH ARTIFICIAL INTELLIGENCE

Hello everyone here, as I always do I welcome you guys once again to my little world that I always used to share my views about blockchain projects and startups.I am always happy to share with you the most promising ideas and startups from the world of cryptocurrency as they are created in order to facilitate our lives and change the world in the future.
In this post, the project that I will be sharing with you guys is AI BANK and I will try all my possible best to summarily share what you guys ought to know about this project. There's no time to waste, let's ride on.

Since Cryptocurrency came to the existence in 2009 until today, it has been very volatile in nature. A lot of people have started to know and understand about the need to invest in cryptocurrency because it is decentralized, anonymous and can be used electronically.

A cryptocurrency (or crypto currency) is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets.
Cryptocurrencies use decentralized control as opposed to centralized digital currency and central banking systems.The world of crypto lovers are very happy and assume that it’s the right way to investment in the future . some call it The future Money.
The decentralized control of each cryptocurrency works through distributed ledger technology, typically a blockchain, that serves as a public financial transaction database.

PROJECT IDEA
The project is an innovative and direct to the future, this microcredit concept was developed by professor of Economics Mohammed Yunus.

The product Artificial Intelligence Bank as a digital bank that operates on the principles of the blockchain technology and does not set a goal of profit making. Artificial Intelligence Bank is able to issue loans to any person which is to make profit from investment that has access to the internet. With the help of modern technology and unique artificial intelligence, the product will be able to serve the client in any country without violating its laws. The project mission is to provide financial services in such a way that only people win, not the financial structures of the modern world. It is important to launch products like this which works for a person and not for a system.

PROJECT MISSION

To provide funds: Since the scoring system will be based on AI,its use will be identical to banking conditions. At the same time risk of non- return will be reduced from the risk of 10% of MFIs to the risk of 2% of the product which will work on Artificial Intelligence .

Autonomy: It does not matter in which jurisdiction the client is located. All processes are dully automated. A bank can accept and issue money in any currency of the world and main cryptocurrencies.
Speed: Traditional loans are issued i 1-2 applications for 2-3 documents. Recent studies claim that AI can already assess people better than people themselves do, therefore, the verification of documents becomes a formality. It is much more important to evacuate what a person is.
Scalability: The loan market is growing and the project will definitely be in demand and experience growth. This in turn will lead to laying the foundation for growth and development in it as soon as possible. The project is already laying the potential for growth and the possibility of scaling up a business.
There wont be additional costs for rebuilding the business model since it will be fully automated.

**FUTURE PREDICTIONS BY ARTIFICIAL INTELLIGENCE **

Behavioral analysis takes into account human behavior when submitting an application. An example is ho quickly a person fills out a questionnaire or how often one edits the information before submission, whether on uses auto fills or types character manually, the time from the start of creating the application to submitting it.

Blacklist: At the outset, AI Bank will try to legally buy as many scam data bases as possible which will not be used as instant locks but for teaching AI by detecting scammers.

Confirmation of personal data: Verification of submitted documents or lack of thereof will be used here . If the client submits fake or forged documents, the system will be able to to detect this with its own algorithms.

Client history: AI Bank will analyze the history of the previous activity of its clients using AI.

Digital prints: When applying for a loan, about 50 digital parameters of the client will be determined in real time.

Country specification: In the proposed model, the AI will form fraud control for each country.

The calls of physical operators. Managers of AI Bank will make calls to clients to confirm the entered data and verify the client in selected cases.

Social networks. At the client’s request, AI Bank will use information from the client’s social networks to increase the level of confidence in the client. Besides, this mechanism will allow confirming the authenticity of the person and the documents submitted.

External credit history. If desired, the client will be able to provide their credit history on their accounts in their country in any digital form for the analysis of AI.

OWN ECOSYSTEM
In order to solve many problems with the current microloan market, AI Bank offers its own ecosystem that is not guided by commercial interests but is designed to provide a complete alternative to global financial systems. AI Bank, like other blockchain systems, directly links supply and demand without the need for intermediaries.

The internal system operates in accordance with certain rules, restrictions, and norms.

The external ecosystem is supported by such layers as:
Scalability. Income from the financial activities of the Bank will continuously increase its assets in order to increase the number and value of loans in the future.

Autonomy. Resistance to external forcing through decentralization. Without departments, staff and any attachments to the material world, the system will not interact with external influence. With the help of dynamic web landings, filing an application will be possible from any device and from any country.

Performance. Machines are faster and more accurate than humans. Due to coherent algorithms, any decision in the AI Bank system is made in real time.

Transparency. On-chain transactions recorded in the public registry will take place in the system. The data that is not a banking secret will be opened for viewing but saved using cryptography.

TOKEN DISTRIBUTION

ROADMAP

WHY YOU NEED TO INVEST
When there is need for financial emergency, a loan can help out with the current situation. The project offers provision of micro loan via blockchain technology with the lowest interest rate on the planet and in the shortest time for anyone who has access to to the internet.

The project is on private sale stage at the moment with bonus of about 30% for all investments on private stage. Once the project close private sale, it will have the ability to start the programming of the project and run full ICO stage. Without private sale, the project will fail.
Presently, 1 AIB token costs 0.05 USD but it will raise rapidly when the token is listed onmain exchanges and will start to create AI Bank with full power and energy.

To invest in this wonderful project, on this stage we accept payments without '' investor's cabinet''. The project accepts Bitcoin and Etherium to pay for the AIB tokens.
There are no delays after payments have been made, you will receive your tokens in 24 hours to your ERC20 wallet with 30% bonus back and will be automatically subscribed to the project newsletter where you be informed about every news inside the project.
For more information on how to invest and sell token, visit the following links:

https://cointelegraph.com/ico-101/how-to-buy-ico-tokens-beginners-guide#3-move-your-bitcoins-or-ether-to-a-wallet-you-control
https://hackernoon.com/how-to-invest-in-icos-and-what-ive-learned-investing-in-five-icos-fc40f2a3b1fc
https://masterthecrypto.com/guide-to-ico-investing/
https://cryptonews.com/guides/why-invest-in-an-ico.htm
https://hackernoon.com/how-to-invest-in-icos-and-what-ive-learned-investing-in-five-icos-fc40f2a3b1fc
https://hackernoon.com/how-to-invest-in-an-ico-and-not-lose-or-how-take-back-control-of-your-money-af233c4a5803

CONCLUSION
The rate will be equivalent to such esteem, which from one viewpoint will permit monetary resources of the bank (expanding the number of advances) and then again – guaranteeing a base enthusiasm on obtained. Furthermore, given that the enthusiasm for the task will be gigantic and the rate will be negligible – this will quicken the development of the turnover, therefore, increment the yield.
YOU DON'T WANT TO MISS THIS AMAZING PROJECT. KEY INTO IT AND NEVER REGRET.
For further information visit the link below

website: https://aibank.global/

whitepaper: https://aibank.global/whitepaper.pdf

PUBLISHED BY teejay4

Bounty0x username: teejay4