[ICO] [BOUNTY] Forty Seven Bank - Universal bank of crypto currency and folding money fortyseven.io FortySeven Bank summary
We connect financial worlds
Bank Forty Seven is a bridge that can connect the two worlds
of finance and create effective communication between them, which will bring
the modern financial system to a qualitatively new level.
Forty Seven - This is a unique project for creating a modern
style of the Bank, both universal and for users of cryptocurrencies, and for
the adherents of the traditional monetary system, the Bank has recognized the
international financial organizations and meets all regulatory requirements.
The objectives of a team of professionals in the banking and
financial sectors who have experience in the creation and licensing of payment
systems and financial institutions.
Our Bank is the largest structure of the operating system in
accordance with the regulations and the Directive PSD2. We have a plan to meet
the requirements of customers and LMA policies, interact with representatives
of the market "gray."
Forty Seven is based on three principles: relevance,
convenience and security. To do this, our specialists use the latest technologies
and developments: blocks, biometrics, smart contracts, machine learning, and
much more. Our goal is to create a viable tandem quickly by the crypto-currency
sphere and the reliability of the banking system in fiat money.
The uniqueness of Forty Seven Bank will have full legal and
technical equipment for processing the crypto operations of the Bank will focus
on financial services digital to fully support cryptocurrencies and traditional
fiat money.
The main procedures include selling and buying
cryptocurrency, investment and currency options, crypto-saving and settlement
account. Will offer unique crypto products, such as bonds, futures and options.
Multicurrency account is one of the main innovative products
from Forty Seven Bank, which will allow customers to have access to your
accounts in different banks and crypto-purse, but also from their investments
and savings in bitcoin and its equivalents through the application. Will have
the opportunity to work with each type of assets, from one account with several
assets to the Forty Seven Bank.
Functions and technologies
Relying on the banking sector and the cryptocurrency
industry, we will take all the best that we can offer in two areas, using
innovative and proven technology in the fields of finance, analysis and data
security.
Forty Seven Bank will provide an open, flexible and
well-documented API covering most of the Bank's services. We organize an
exclusive financial applications platform using our API. To attract customers
and third-party developers, we plan to make an effective ecosystem, including
the cost will continue to grow.
The use of smart contracts automates the financial
processes that allow you to carry out transactions and issue loans without the
risk of fraud. The introduction of automatic learning technology can create a
personal account processor, and handle all customer requests. Virtual Assistant
will help in the redistribution of financial flows and timely provision of
financial information relevant. Biometric technology and blocks remotely open
an account and access from your smartphone and to ATM without using a card. In
combination with encryption encryption, these changes will increase the
security of personal and billing data.
Blockchain Technology:
Blok's technology will turn the financial sector as a whole
and banking. The developers of Forty Seven Bank are proud to be a part of this
transformation and want to play a key role, development and production support,
financial products and solutions for our customers. Blocks should be used not
only for cryptocurrency lovers, all people and businesses should take advantage
of this innovative technology. The Bank, Forty Seven, to offer our customers
with multi-purses. Customers of the Bank, Forty Seven can keep the
cryptocurrencies in the wallet to control the current balance, it is easy to
send and receive digital currencies, request a history of payment transactions.
Customers will be able to work with cryptocurrencies, as they are doing now
with currencies cf. It will be easy and safe. In order to ensure the servicing
of several cryptocurrency wallet, Forty Seven Bank will be integrated directly
with all state large blockchains. We safely and securely store the public and
private keys, the transaction was carried out on the blocks and solve other
technical problems of our customers. Therefore, our customers do not have to
worry about these problems.
Forty Seven Bank will provide a Cryptocurrency gateway.
Cryptocurrency payment system. Will create a question of price stability
Cryptocurrencies. White list and black list. Authentication service for
individuals and businesses.
Technology Smart contracts:
Forty Seven Bank offers digital currency tools such as
Cryptologic and CryptoFighter for our customer traders. Strict compliance with
the terms of the contract, guarantee of smart contracts, which are carefully
designed and tested in our Bank. Our clever contracts will be recorded in the
contract, a strength-oriented programming language and will work on a network
of blocks for Refugees. The source code for these contracts will be transparent
and published on the GitHub public for inspection. Forty Seven Bank will
provide a set of pre-installed smart contracts, and these contracts can be used
as standard agreements between the Bank's customers. Smart contracts are
binding on him for all parties involved. The rules of these smart contracts can
instruct the Bank to transfer Fiat or crypto funds from the client's account to
the account of another client. These shipments are carried out by the Bank
under certain conditions of a smart contract. The bank will be required to
strictly abide by these smart contacts.
Automation of Business Processes:
Smart contracts can be used to link business processes with
different organizations. Such contracts can be used to provide information
about the company:
- I completed my part of the work
- Signing of the agreement, necessary -
- Confirmation of booking -
- Agree to pay for service
-The evidence that these events actually happened is stored
safely in public blocks and can be checked by anyone who wishes.
Combined with strict implementation of the financial part of
the smart contract of the Bank, Forty Seven, these smart contracts, create a
high level of trust between companies that decide to combine their business
processes this way. In order to meet the financial part of the smart contract,
Forty Seven, the Bank can temporarily dispose of funds and transfers between
customers' accounts.
Machine learning technology:
At Forty Seven Bank, the training machine should be used in
a variety of operational and analytical functions, such as identifying
fraudulent transactions. Simple checks, transactions, if they were successful,
the machine learning algorithm was "transferred". Algorithm
klassificeret the transaction levels of risk. If the operation is characterized
by an algorithm like "suspect", the group of investigators checks.
The advantages of this method is the amount of information
that can drive machine learning models, which they can look at high dimensional
spaces, and extract as much useful information as possible. A person will never
be able to go through more than 10,000 operations within a few minutes, and
draw serious conclusions about them. In addition, fraudulent transactions are
usually interrelated in time and space, the machine for manufacturing training
models are ideal candidates for their identification.
Innovative products for private and business customers
The main product is a multi-account for customers with a
card. Distinct identification and authentication based on passport and biometric
data A unique combination of payment instruments through SWIFT, debit and
credit cards, electronic wallets, secure cryptopedia All types of coins and in
the banking application are considered, without having to wait for trade. Has
an input, output and conversion of all parameters A wide range of services,
including loans, insurance, invoice, debit card management and credit
cardsCross-platform access to the management of customer accounts opened with
banks. Directives Ес PSD2Convenient and intuitive user interface Analytics that
helps clients take correct financial decisions with the help of AI algorithms.
The product is designed for small and medium enterprises.
Management of the account through the API, creating applications, financial
payments of the operator in the form of coins and Fiat funds to the company
account (cards, SWIFT), using forms or API Payments to the masses for the
marketCustomer retention management using large data sets Accounting for
Services , based on the work of intelligence and big data (algorithms,
artificial intelligence will be able to determine how the probability of
repaying the loan, as well as timely financial assistance for the enterprise)
Escrow servicesApplication for Mobi biometric identification devices for transactions
in several account currencies.
Tools and services for developersAbility to provide turnkey
service of the Bank Forty Seven under its own brand Access to an API that
allows the development and implementation of modern financial services based on
infrastructure and processes Forty SevenConference DevDays for independent
developers Presentation of financial applications with the help of api Forty
Seven.
Individuals:
Forty Seven Bank offers MultiSet customers a multi-currency
card that allows you to manage the accounts of all European banks through the
interface of the Internet Bank or mobile application. Calculating, converting,
buying and selling a cryptocurrency and paying with a payment card at any time
accepting cards and ATMs.
- A unique interface (online banking and application for
managing customer accounts of all European banks, in accordance with the
requirements of the PSD2 Directive.
The new standard was introduced on January 13, 2018,
to allow customers to manage all their accounts in different banks-ZEE from one
place. Do not enter the account number and confirm your consent to access,
right after that, the client will be available to all services, Forty Seven
Bank
- Distance of authentication and authorization based
on a set of data, including biometrics.
To become a client of the Bank, simply visit the Bank's
website or download the application. The identification is carried out online,
without the need for a visit to the Bank. Immediately after the identification
of the client, offers a full set of account functions to access the crypto
currency services, payment cards and by mail.
- Convenient interface and financial analyst, help the
client in the promotion of finance, based on the analysis of algorithms.
A good system of personal finance management tools
analyze monthly expenses, select a range of fundraising and planning for large
purchases, flexibly manage the budget based on various tricks and tips.
- Work with cryptocurrency on the input and output
within the Bank application, not wait in the exchange course. Input, output,
conversion for all pairs
You can buy and sell crypto-currencies, internal bank rates
at low prices and without long waiting. To transfer the cryptocurrency to Fiat
money, to all linked accounts or credit cards.
- Convenient payment tool SWIFT, credit and debit
cards, secure cryptopedia
Thus, the clients of Forty Seven Bank receive modern
integrated banking services that allows you to combine high technology in the
bank, cryptocurrencies and every day a project tool that is available 24/7 from
anywhere in the world.
Business products:
Bank products for small and medium-sized businesses allow
you to integrate top-down payments into the business process that take place in
the online environment and at sales points. A large enterprise can build its
own financial instruments on the basis of the bank's infrastructure,
communicating with it through the API.
- Receiving payments to the seller, such as encryption and
traditional methods (Swift)
Bank customers will be able to accept payments in encryption
on Internet sites and online stores through an online form, using a plug-in CMS
or API that allows you to integrate payments, like websites and mobile
applications. The funds will be automatically converted at the rate of the Bank
and credited to the company's account in the form of currency.
- Account management through API, create applications
of financial compensation for the mass market, management of loyalty with the
help of data
At the same time, thanks to the services built in accordance
with the new account management functions, we offer a standard PSD2, companies
can develop their own mechanism for account management: in your place, payments
to partners are flexible loyalty programs and similar services.
- Factoring, based on artificial intelligence and data
analysis
Based on the collection and analysis of data, we provide
fast factoring algorithms for artificial intelligence can predict not only the
likelihood of a loan repayment, but the need and the possibility of financial
assistance.
Forty Seven Bank provides the services of the obligation and
is the guarantor of fair transactions
Tools and services for developers and financiers
We offer a wide range of opportunities for software
developers and partner banks. From accounting, shooting and financial services
of the bank, provided through the API call, the ability to quickly perform
customer service on the basis of the forty-seven Bank's infrastructure provided
to clients through the implementation of the White Label Concept.
- Access to the API, which can be used to develop and
implement modern financial services based on infrastructure and processes.
Independent developers can create applications that expand
the functionality of the Bank's proposal or create their own financial
services, accounting and registration applications for program identification,
and systems for automatic bill payment.
- DevDays for other businesses
Forty-Seven, the Bank will embark on the communication
technology for independent developers and financial institutions that want to
create products based on the Bank's services available through the API. In
addition, we will conduct educational programs and courses with priority access
for token owners, Forty-Seven Bank.
- Service "white mark"
Each Bank is able to provide financial services based on the
services provided by Forty-Seven Bank to maintain its own brand and customer
base. A partner bank under its own brand name is the ability to quickly launch
selected services (or applications) for the entire audience. Without changing
its own infrastructure, it is necessary to change the procedures and obtain the
appropriate licenses from the banking regulatory authorities.
- Presentation of financial applications
A universal infrastructure that connects creators with the
Bank's customers. Applications at the request of clients and partners of the
Bank will allow you to create a stable source of income for independent
software developers and financial services.
Forty Seven Token
Forty Seven Token: a marker that gives the right to take
priority place in the Bank, Forty Seven loyalty program. FSBT chips will be
eligible to receive an annual bonus in the form of other (LBSA) markers
depending on the number of chips and the financial performance of the Bank over
the past year. Also, FSBT markers is a practical application in the Forty Seven
Bank ecosystem. After the conclusion of the part of the collection, which will
be available for trade on the cryptocurrency trade.
Title: FSBT.
Issue: is provided by a number of smart contracts that
interact with each other.
Course: fixed, the cost of one token - 0.0047 ETH.
Maximum number of generated tokens: 11,063,829 FSBT
(including bonus, bounty, and token tokens).
Using the token:
20% of the Bank, net profit last year, will be channeled to
the loyalty program. Creates the required number of FSBL markers and demand
through the smart contract holder for the tokens, it will be necessary to get
the number of FSBL markers that can be exchanged for goods and services on the
trading platform, at Forty Seven.
Distribution:
ICO
ICO Round 1: November 16 - December 16, 2017.
ICO Round 2: December 17 - February 28, 2018.
ICO Round 3: March 1 - March 31, 2018.
Softcap: 3 600 ETH (1M EUR).
Hardcap: 36,000 ETH (10M EUR).
Accepted crypto-currencies during ICO: ETH, BTC.
Special benefits for ICO participants:
The structure of these benefits depends on the amount of
contribution to the ICO. To receive it, a person must become a client of the
bank, and then act in accordance with the procedure "know your
customer" (ZSK).
If a person makes an investment between 0.1 and 1, ETH
receives:
Free multi-account: IBAN (EUR, USD, etc), crypto-purses
(BTC, ETH, etc), investments.
If a person makes an investment of 1 to 5, the ETH receives:
Free multi-account: IBAN (EUR, USD, etc), crypto-purses
(BTC, ETH, etc), investments; Free Visa Classic credit cards to be mailed.
If a person makes an investment between 5 and 10 ETH gets:
Free multi-invoices: IBAN (EUR, USD, etc), crypto-purses
(BTC, ETH, etc.) investments; Free Visa Platinum Credit Card, which will be
sent by e-mail; 25% discount on personal and travel insurance for the payer and
two family members for the first two years.
If a person makes an investment between 10 and 50 ETH
gets:
Free multi-account: IBAN (EUR, USD, etc), crypto-purses
(BTC, ETH, etc), investmentsFree Visa Platinum Credit Card to be sent by
e-mail; 30% discount on personal and travel insurance for the payer and two
members of the family for the first three years, no commission for withdrawing
cash at any ATM in the world in the first year.
If a person makes an investment, between 50 and 100
ETH, we get:
Free multi-account: IBAN (EUR, USD, etc), crypto-purses
(BTC, ETH, etc), investments; Free Visa Platinum Credit Card to be sent by
e-mail; 50% discount on personal and travel insurance for payer and two family
members during the first five years, No commission for withdrawing cash at any
ATM in the world during the first three years; Special conditions for trading activities.
If a person makes an investment of 100 or more, the
ETH receives:
Free multi-account: IBAN (EUR, USD, etc), crypto-purses
(BTC, ETH, etc), investments; Free Visa Platinum Credit Card to be sent by
e-mail; 50% discount on personal and travel insurance for payer and two family
members during the first ten years No cash withdrawal commission at any ATM in
the world during the first five years Special Conditions for Entrepreneurship
Do not charge for using all of the Bank's products and banking services at
Forty Seven all the time (with the exception of loans).
BOUNTY Company:
Allocated 5% of all FSBT tokens
Community management campaign - 10%
Managing the community on Bitcointalk → 500 points per
week;
Community management → Reddite 500 points per week;
Community management in group telegram → 250 points per
week.
Avatar and signature campaign - 25%
Junior Members → 10 points per week;
Members → 20 points per week;
Senior Members → 40 points per week;
Full Members → 40 points per week;
Legendary Members → 60 points per week;
Hero Members → 60 points per week
Translations campaign - 20%
Localization of all website texts → 3,000 items;
Translation of large text into your language (20,000+
characters) → 1,500 points;
Translation of the middle text into your own language (10
000 - 20 000 characters) → 1 000 points;
Translation of a small text into your language (<10 000
characters) → 500 points.
Blogging campaign - 20%
Large original of the article (20 000+ characters) → 1
000 points;
Medium-sized original article (10 000 - 20 000 characters) →
500 points;
A small original article (up to 10 000 characters) → 300
points (If you translated an article within the "Translation"
campaign yourself) publish translated articles directly to your blog → 300
points;
Repost non-original article press release / in your blog →
100 points;
Publish articles on averages + share on Facebook + Tweet →
300 points;
Publish an article on Steemit + share on Facebook + tweet →
300 points;
Publication of articles on the voice. IO + share on Facebook
+ Tweet → 300 points.
Long video review of the project (30+ minutes) → 2,000
points;
Medium-length video review of the project (up to 30 minutes)
→ 1,000 points.
Facebook campaign - 10%
A participant can earn a maximum of 10 points per
weekEach participant should like and follow the official page of Forty Seven
Bank on Facebook;
Each participant must be a member of the official Forty
Seven Bank on Facebook;
Publishing 2 personal messages a week, accompanied by one of
the following hashtags - #fortysevenbank, #gofortyseven; Share 5 posts a week
from our official Forty Seven Facebook page.
Twitter campaign - 10%
A participant can earn a maximum of 2-5 points per week
(depending on the number of his followers, followers 300-999 - 2 points, 1000+
subscribers - 5 points)
Publication of 2 personal tweets per week and the following
is hashtags: #fortysevenbank, #gofortyseven, a link to our Twitter profile;
Publication of 5 retweets per week; Leave a Like under all official tweets of
Forty Seven Bank's account.
Telegram campaign - 2%
In this campaign, each participant can earn 10 points if he
fulfills these requirements: Join the official fortysevenbank group in a
telegram, actively communicate, help beginners and answer frequently asked
questions of other users throughout the ICO campaign (until December 11 or
before achieve Hard Cap).
Bug tracking campaign - 3%
Search for errors on the site:
Minor bug in → user interface 200 points;
Serious error in the user interface (Vulnerability which can
lead to loss of data or possible injections to the database) → 500 points;
Minor server vulnerabilities → 500 points;
Average server vulnerability → 1,000 points;
Critical frontend / backend Vulnerability that allows you to
change information on the site → 4,000 points.
Search for errors in smart contracts:
Follow our bitbucket / github system at → 20 points;
bitbucket / github in the detailed review of the smart
contract → 100 points;
bitbucket / github in search of errors → 100 points;
bitbucket / github in the improvement of the smart contract
→ 500 points.
Official resources:
author : ompin
link bitcointalk forum : https://bitcointalk.org/index.php?action=profile;u=1967212









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