INTRODUCTION :
The world bit bank project created its cryptocurrency banks by acquiring different existing banks and by doing so this become the world's first lawful digital money bank and this is an improvement of new crypto-monetary advances and their incorporation into the current an account framework. The purpose of world bank is to legitimate the crypt currency and to assist the usuage of cryptocurrency in the whole world .World Bit Bank encourage snappy and shoddy money related exchanges progressively which is bases on blockchain innovation.
TASKS AND ISSUES IN THE MARKET :
Current arrangement of fiscal exchanges including banks and frameworks, for example, Visa, SWIFT and other are extremely lumber since it charges an expense for utilizing its framework. Paypal which was introduced in 1998 it helps to improve the money making transfers over the world. Today it has turned out to be difficult to build up a cash exchange framework without advanced innovation and cryptographic money.
ESTABLISHMENT OF WORLD BIT BANK PROJECT -" ANSWER FOR ALL THE QUERIES "
To lead down its ICO it had a established a company which is effectively settled an organization legitimately in the EU. Advancement of innovations and the foundation of a worldwide digital money bank under the World Bit Bank is the point of this venture.
Clients like to keep digital currency in the authority of outsiders in light of the fact that the strategy of putting away cryptographic money is intricate. World Bit Bank clients will approach the entire scope of advantages, not to be constrained to a solitary digital money.
The answer for these issues is the WBB Wallet portable application which is a system that consolidations tokens and a platinum card. The undertaking incorporates the World Bit Bank charge cards and WBB Wallets. Installments can be made in Cryptocurrencies, including the ERC20 standard.
For example: john holds the world bit bank debit card and wants to buy potato chips for dollar 3
WHAT DO YOU MEAN BY WORLD BIT BANK:
To coordinate into the saving money and monetary world new innovations and Cryptocurrencies the task of setting up a digital currency bank includes the buy of 10 existing banks in nations, for example, USA, Canada, Germany, Switzerland, UK, Japan, India, Australia, Turkey and Brazil. The head office will be situated in Zug, Switzerland. The team implementing the projects related to banking, marketing , financial experts as well as lawyers who wants o earn profit by providing custom facilities or services.
Advancement AND IMPLEMENTATION OF THE TECHNOLOGY
The new arrangements created from blockchain innovation and identified with 5G back by the WBB venture are as per the following:
● total transfer boundariness;
● cross-stage nature;
● simple use;
● Instantaneousness of exchanges;
● subsidizes constantly under control of the customer. The customer's assets can't be taken care of without the customer's endorsement;
● Low or zero exchange charges;
● High security on account of cryptography;
● API with open source code;
● Full straightforwardness of source and development of assets between accounts;
●DETECTION :
As the registry for exchanges between banks the blockchain trans boundariness are utilized in the World Bit Bank biological community. The transactions ae to be carried in numerous central copies and in a single entry system. Each bank is a piece of the World Bit Bank biological system. The exchanges are not directed by means of a national bank and journalist banks and no save accounts are required for between bank exchanges. Exchange of contractual worker reserves are done straightforwardly between banks.
KNOW YOUR CUSTOMER (KYC) SETTLEMENT METHOD :
KYC is a method which is completed toward the start of the work with the customer and keeping in mind that working. In some cases this faces a few difficulties and bothers for the customer. A solitary database of customer records are made through blockchain. A World Bit Bank private blockchain is made for this reason and the customer information is secured and just available to banks that are a piece of WBB. Blockchain innovation is utilized to make an "unending" record affirming the personality of the customer. The customer's ledger, international ID, utility record and medicinal history can be utilized as another evidence - or squares - for their chain.
Cash exchanges
Blockchain based WBB biological system makes the things less demanding by making an enlist of exchanges that can't be pulverized or adjusted. So it gives the proof of where the cash originated from or from where it was exchanged.
Installments by letter of credit
This gives security to the two gatherings. Installment by letter of credit standards might be incorporated into shrewd contracts made by our bank.
The purchaser, dealer and bank can cooperate with letters of credit in light of shrewd contracts as takes after:
● ask for the terms of agreement,
● affirm item shipment,
● affirm installment,
● affirm exchange of the item by the dealer to the shipment organization, check affirmation, and so on.
Recognizable proof and capacity of advanced resources of the customer.
The customers if the WBB arrange ready to impart data to cryptographic certification of its security.
Wibcoin (WBB) CRYPTOCURRENCY
*Wibcoin(WBB) token in presented by the WBB in light of the Ethereum blockchain. This is outlined as an open cryptographic money for computerized administrations, for example, installments, cash trade, and esteem upkeep. Wibcoun (WBB) is the unit of records of all exchanges in this biological system.
The Wibcoin (WBB) token will be sold on the Ethereum open blockchain as an ERC20 standard.
*1 000.000.000 Wibcoin (WBB) tokens will be issued.
Charge autos of WBB underpins most Cryptocurrencies, for example, Bitcoin, Dash, Ethereum and others.
Low charges for store and withdrawal of assets
Fully legitimate cryptographic money which can be utilized for business and paying assessments
Cashback and unwaveringness programs
Own digital currency trade
Leasing organization
Exchange (purchasing and offering of crytocurrency)
Accepting any digital currency for installment
Servicing of electronic wallets with a trade include
Conducting on the web cash trade activities in digital currency
Trust administration of digital currency portfolio and different highlights
All exemplary bank exchanges utilizing digital forms of money
GOAL OF WBB:
Helps the folks to use the cryptocurrency in their daily life by providing them
Quality complement with electronic platforms .
WHY WBB:
World bit bank debit cards will support most cryptocurrencies such as bitcoin , dash, ethereum and others . This will give all WBB clients an opportunity to store and exchange cryptocurrencies.
COST : Low charges of transactions and money transfers.
IN A NUTSHELL:
The World Bit Bank undertaking will make a digital money bank which will convey the full scope of customary saving money administrations utilizing cryptographic money.
CONNECTIVITY :
TWITTER URL : https://twitter.com/WorldBitBank
FACEBOOK URL : https://www.facebook.com/WorldBitBank/
REDDIT URL : https://www.reddit.com/user/WorldBitBanktoken/
INSTAGRAMURL : https://www.instagram.com/worldbitbanktoken/
MEDIUM URL : https://medium.com/@coinwbb
TELEGRAM URL : https://t.me/WBBCoin
YOUTUBE URL : https://www.youtube.com/channel/UC4xgZJttyDVr6ZpEf57Ra2g
AUTHOR:
BITCOIN USERNAME : deepali01
BITCOIN PROFILE URL : https://bitcointalk.org/index.php?action=profile;u=1854548