[ANN] 💠 FSBT TECH 💠 – Open API For Fintech Developers - page 125.

rathaha10

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io.ezystayz.com

Quote from: Gunny95 on March 10, 2018, 01:30:27 PM

Quote from: mustandine on March 10, 2018, 12:20:43 PM

What means "fourty seven" in your name?

There is probably a meaning to it, but I noticed the token price of one FSBT is 0.0047 ETH, I suppose both have a symbolic meaning

Hey that is a nice catch ! I didn't notice it xD. I don't know for sure, but i think that the name means the price of it. Anyone know it better ?

Zombie259

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Quote from: ganeshramk on March 10, 2018, 01:35:11 PM

Quote from: Gunny95 on March 10, 2018, 01:30:27 PM

Quote from: mustandine on March 10, 2018, 12:20:43 PM

What means "fourty seven" in your name?

There is probably a meaning to it, but I noticed the token price of one FSBT is 0.0047 ETH, I suppose both have a symbolic meaning

This should definitely be some coincidence. I think they have 47 products or 47 unique characteristics in their single product. I could not correlate this with the price of the FSBT token.

Only the Team can say what 47 mean.
47 is a Lucas number, which is related to the Fibonacci numbers by the identities.
47 is the atomic number of silver.
47 is the atomic mass of one of the naturally occurring stable isotopes of titanium.

ganeshramk

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Quote from: Gunny95 on March 10, 2018, 01:30:27 PM

Quote from: mustandine on March 10, 2018, 12:20:43 PM

What means "fourty seven" in your name?

There is probably a meaning to it, but I noticed the token price of one FSBT is 0.0047 ETH, I suppose both have a symbolic meaning

This should definitely be some coincidence. I think they have 47 products or 47 unique characteristics in their single product. I could not correlate this with the price of the FSBT token.

Gunny95

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Activity: 252

Merit: 11

Quote from: mustandine on March 10, 2018, 12:20:43 PM

What means "fourty seven" in your name?

There is probably a meaning to it, but I noticed the token price of one FSBT is 0.0047 ETH, I suppose both have a symbolic meaning

Abah007

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Do you know 47bank will become the largest structure, operating in accordance with the requirements of regulators and the directive PSD2. They plan to comply with the policies of KYC and AML.

Anilg

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Quote from: ibininja on March 10, 2018, 09:19:12 AM

Quote from: faulerwilli on March 10, 2018, 08:04:07 AM

Quote from: Anilg on March 10, 2018, 07:45:31 AM

Main main part of the FSBT project -

FSBT will develop all the infrastructure and authorize it at Financial Conduct Authority (FCA) in the United Kingdom.
Developers with small or medium capital will be able to create their fintech apps and upload them to FSBT app platform and get access to our infrastructure and client base via API.
By doing that FSBT will reduce barriers to entry into the banking market which are currently very high and banking sector is controlled by traditional banks who are very slow in terms of innovation.
FSBT will disrupt this, introduce new competition from fintech developers who will be able to create even their own White Label banks using FSBT platform.

Good summary, I like this point very much. I've certainly mentioned before that I could open my own bank if I earn a lot of money with cryptocurrencies :-) That would be fun

"FSBT will reduce barriers to entry into the banking market which are currently very high" is what is very appealing to me. you should try opening a merchant account; It is a huge hassle just getting all the forms done.

ibininja rightly said. In banking system there are huge barriers and chargers for each individual service. I expect such issues will not be there with/due to FSBT

mustandine

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What means "fourty seven" in your name?

faulerwilli

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Quote from: Zombie259 on March 10, 2018, 11:50:01 AM

Quote from: jamzzz123 on March 10, 2018, 11:17:49 AM

Quote from: nxnqauff on March 10, 2018, 11:13:21 AM

Quote from: Cnote328 on March 10, 2018, 10:18:18 AM

Quote from: gee777 on March 10, 2018, 03:41:44 AM

Quote from: Gunny95 on March 09, 2018, 06:31:58 PM

Quote from: nesh1 on March 09, 2018, 05:25:47 PM

Quote from: Abah007 on March 09, 2018, 05:03:11 PM

Forty seven bank project will be the next one that will have a moonshot after the ICO Grin

I agree with this i also think that 47bank will go to the moon it is an very intresting project i like it very much when i read their whitepaper at https://drive.google.com/file/d/0BzvESRkgX-uDeHc1QjRzbHRBelU/view it explains the whole project very well you should check it out.

One of the first prominent ICO to actually bring the blockchain closer to the community, I love this project and cant wait to see it flourish

I know they say never fall in love with any alt but my love for this project is indescribable.... I just love the idea that it has to do with the financial sector and it is trying to limit the hurdle between crypto and fiat.

I can't say i'm in love with Forty seven bank but i really do like this project

, it's a very solid one. Once successfully implemented i see changes in the financial sector.

Successful implementation is crucial here and also challenging especially because of the banking field they are in. Thats why I asked how the development progress is ongoing earlier. Hope to get some info on that soon.

It's always good to hear about how the implementation is going and keeping the community updated and interested bringing in even more interest with the updates. I hope to see some more from the team

According to the Whitepaper 47B start to deploy products for Exchange and Investement and Brokerage in Q1 2018:
Furthermore they started the legal issues for SMART AML, Payment processing, Invoicing, API Account Management and ICO Escrow.

It would be interesting to get an update or status of the respective project.

oh, I have overlooked that so far. Q1 2018 will not be long, as it could really give information soon.
Do you think that maybe there will be a separate 47BK Exchange?

Ace44

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Activity: 672

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Quote from: ibininja on March 10, 2018, 09:19:12 AM

Quote from: faulerwilli on March 10, 2018, 08:04:07 AM

Quote from: Anilg on March 10, 2018, 07:45:31 AM

Main main part of the FSBT project -

FSBT will develop all the infrastructure and authorize it at Financial Conduct Authority (FCA) in the United Kingdom.
Developers with small or medium capital will be able to create their fintech apps and upload them to FSBT app platform and get access to our infrastructure and client base via API.
By doing that FSBT will reduce barriers to entry into the banking market which are currently very high and banking sector is controlled by traditional banks who are very slow in terms of innovation.
FSBT will disrupt this, introduce new competition from fintech developers who will be able to create even their own White Label banks using FSBT platform.

Good summary, I like this point very much. I've certainly mentioned before that I could open my own bank if I earn a lot of money with cryptocurrencies :-) That would be fun

"FSBT will reduce barriers to entry into the banking market which are currently very high" is what is very appealing to me. you should try opening a merchant account; It is a huge hassle just getting all the forms done.

Yes, that's where the Forty Seven Bank platform comes in, to help curb the issues of stress and funds that is associated with the creation of a financial project, with minimum effort required, all you have to do is join the Forty Seven Bank project, perhaps pay a little token and that's it, lets not forget that this is just one of the numerous avenues that this project will increase its value