[ANN] 💠 FSBT TECH 💠 – Open API For Fintech Developers - page 35.

phantam

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Bountyhive.io

Quote from: Abah007 on April 18, 2018, 03:11:20 PM

The bank will also offer 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 partnering banks.

Have they announced which banking network they plan to join? I wonder if they'll join something like allpoint network or if they're going to do their own network, or what, i'd imagine joining some form of international network would be the most beneficial.

yehor

newbie

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Website is very beautiful, there are some good ideas with this project.

Abah007

newbie

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The bank will also offer 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 partnering banks.

Owillz

member

Activity: 532

Merit: 10

Quote from: Cnote328 on April 18, 2018, 07:45:44 AM

Quote from: Hendobox on April 18, 2018, 07:19:20 AM

Hello, please if you are new to this project and have not created your account, do not forget to do it here: https://my.fortyseven.io/register

https://www.youtube.com/watch?v=Kgr9YxmmnBk&t an introduction video as well to get one up to speed.

You both must be very good In record keeping. I couldn't have been able to produce these any more if peradventure I was required to. I hope they will be added (if not done yet) to the first page for easy access by newcomers.

Nathan01

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DocTailor IEO on Zloadr

Quote from: Hendobox on April 18, 2018, 04:26:15 AM

Quote from: Zombie259 on April 17, 2018, 11:31:44 AM

Quote from: phantam on April 17, 2018, 10:33:00 AM

Quote from: Cnote328 on April 17, 2018, 10:21:28 AM

Forty seven bank has add top notch professionals to their advisory board.
https://medium.com/@FortySeven47/prominent-professionals-join-our-advisory-board-6a12cb827af

Good to see their still expanding their team's knowledgebase. A strong advisory board and steering comittee can go a long way to ensuring the entire project remains on course and doesn't fall into any unforseen missteps that could jeopardize things especially for a project this big thats going to be navigating a lot of regulations and red tape over the next year or so .

It is good to see that the 47B is still working on their Team. An experienced advisory board with good contacts is good for every project.

Alright now this is a good one. This is precisely what every project needs to succeed. I am sure that with they new addition to their team, they will not be caught unawares by anything that could negatively affect the project.

I think from to time team inventory should be taken, we've seen solid project come to a crumble due to internal crisis, we don't want that for FSBT project so team should be constantly checked upon to know who is still having the same ideology of the project and who is going to act against the team spirit and sabotage the effort of the project... This should be taken seriously

gee777

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Activity: 728

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Quote from: faulerwilli on April 18, 2018, 02:01:18 PM

Quote from: rathaha10 on April 18, 2018, 01:31:51 PM

Quote from: 2taps on April 18, 2018, 01:24:25 PM

Quote from: Cnote328 on April 18, 2018, 07:45:44 AM

Quote from: Hendobox on April 18, 2018, 07:19:20 AM

Hello, please if you are new to this project and have not created your account, do not forget to do it here: https://my.fortyseven.io/register

https://www.youtube.com/watch?v=Kgr9YxmmnBk&t an introduction video as well to get one up to speed.

I think that watching the video will take far less time and will make you obtain what you need to know about this project. So i suggest you watch that instead of reading or example the whitepaper.

I understand watching the video for fast information, but you will need to know all the critical information available on this project. So reading in the whitepaper is not a bad idea if you want to invest in it.

Of course I agree with you. The whitepaper should be read before investing. But for a first overview, such videos are not bad. and 47BK also has an outstanding onepager, also for a quick overview of the project https://drive.google.com/file/d/0BzvESRkgX-uDa2VwUU9xV2hGcU0/view

Reading the whitepaper is very good but watching the video give you a clear view of the project also... You can get enlightened about the project both ways it doesn't matter.

Zombie259

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Activity: 420

Merit: 11

Quote from: faulerwilli on April 18, 2018, 02:01:18 PM

Quote from: rathaha10 on April 18, 2018, 01:31:51 PM

Quote from: 2taps on April 18, 2018, 01:24:25 PM

Quote from: Cnote328 on April 18, 2018, 07:45:44 AM

Quote from: Hendobox on April 18, 2018, 07:19:20 AM

Hello, please if you are new to this project and have not created your account, do not forget to do it here: https://my.fortyseven.io/register

https://www.youtube.com/watch?v=Kgr9YxmmnBk&t an introduction video as well to get one up to speed.

I think that watching the video will take far less time and will make you obtain what you need to know about this project. So i suggest you watch that instead of reading or example the whitepaper.

I understand watching the video for fast information, but you will need to know all the critical information available on this project. So reading in the whitepaper is not a bad idea if you want to invest in it.

Of course I agree with you. The whitepaper should be read before investing. But for a first overview, such videos are not bad. and 47BK also has an outstanding onepager, also for a quick overview of the project https://drive.google.com/file/d/0BzvESRkgX-uDa2VwUU9xV2hGcU0/view

A video or onepager are good for a quick overview, but if you are interested in a project, you should read the whitepaper and acquire all available information.

faulerwilli

full member

Activity: 994

Merit: 140

Quote from: rathaha10 on April 18, 2018, 01:31:51 PM

Quote from: 2taps on April 18, 2018, 01:24:25 PM

Quote from: Cnote328 on April 18, 2018, 07:45:44 AM

Quote from: Hendobox on April 18, 2018, 07:19:20 AM

Hello, please if you are new to this project and have not created your account, do not forget to do it here: https://my.fortyseven.io/register

https://www.youtube.com/watch?v=Kgr9YxmmnBk&t an introduction video as well to get one up to speed.

I think that watching the video will take far less time and will make you obtain what you need to know about this project. So i suggest you watch that instead of reading or example the whitepaper.

I understand watching the video for fast information, but you will need to know all the critical information available on this project. So reading in the whitepaper is not a bad idea if you want to invest in it.

Of course I agree with you. The whitepaper should be read before investing. But for a first overview, such videos are not bad. and 47BK also has an outstanding onepager, also for a quick overview of the project https://drive.google.com/file/d/0BzvESRkgX-uDa2VwUU9xV2hGcU0/view

rathaha10

full member

Activity: 616

Merit: 108

io.ezystayz.com

Quote from: 2taps on April 18, 2018, 01:24:25 PM

Quote from: Cnote328 on April 18, 2018, 07:45:44 AM

Quote from: Hendobox on April 18, 2018, 07:19:20 AM

Hello, please if you are new to this project and have not created your account, do not forget to do it here: https://my.fortyseven.io/register

https://www.youtube.com/watch?v=Kgr9YxmmnBk&t an introduction video as well to get one up to speed.

I think that watching the video will take far less time and will make you obtain what you need to know about this project. So i suggest you watch that instead of reading or example the whitepaper.

I understand watching the video for fast information, but you will need to know all the critical information available on this project. So reading in the whitepaper is not a bad idea if you want to invest in it.

2taps

full member

Activity: 266

Merit: 107

Quote from: Cnote328 on April 18, 2018, 07:45:44 AM

Quote from: Hendobox on April 18, 2018, 07:19:20 AM

Hello, please if you are new to this project and have not created your account, do not forget to do it here: https://my.fortyseven.io/register

https://www.youtube.com/watch?v=Kgr9YxmmnBk&t an introduction video as well to get one up to speed.

I think that watching the video will take far less time and will make you obtain what you need to know about this project. So i suggest you watch that instead of reading or example the whitepaper.

phantam

full member

Activity: 546

Merit: 106

Bountyhive.io

Quote from: Zombie259 on April 18, 2018, 11:24:25 AM

Quote from: cryptorani on April 18, 2018, 10:47:00 AM

FSBT will give opportunity to developers with small or medium capital to create white label applications which will be able to compete with traditional banks

For 1000 FSBT Token every developer can use the 47B API with access that allows the development and implementation of modern financial services based on Forty Seven infrastructure and processes.

Seems like a pretty fair fee, especially if it as promised gives access so that they can complete full banking transaction integration and development, since their building from the ground up at this point i'd imagine developers will have a great chance to give feedback on how it works as well

Ace44

member

Activity: 672

Merit: 11

Quote from: Nathan01 on April 18, 2018, 04:10:03 AM

Quote from: phantam on April 17, 2018, 02:58:36 PM

Quote from: Nathan01 on April 17, 2018, 02:35:18 PM

Quote from: girib1684 on April 17, 2018, 06:35:05 AM

Quote from: Hendobox on April 17, 2018, 02:27:12 AM

Quote from: jackielim on April 16, 2018, 07:32:11 AM

Quote from: FortySeven on April 16, 2018, 05:59:13 AM

Quote from: nesh1 on April 15, 2018, 07:36:26 AM

Quote from: Abah007 on April 15, 2018, 07:15:01 AM

It's really amazing how we still get the same amount of tokens even if there is a rise or fall of the price of ETH in the market. There's no better project than forty seven bank.

Yes a good project does not depend on the rise or fall of ETH/BTC, do you think they will reach their hardcap in the remaining days?

Even if we dont reach the hard cap, that doesnt mean anything. Please look at the soft cap. Its totally enough to continue the roadmap - www.fortyseven.io

Actually, they shouldn't need to focus in the hard cap nor soft cap. Just focus in the mission and goal of the project and for sure the project would reach the success.

Not sure I fully understand what you mean, in as much as they should focus on the mission and goal of the project, it is also important to focus on reaching soft cap or else the project will be unsuccessful

To continue project need to be reach soft-cap. And FortySeevn already reached soft-cap. Also on previous page FortySeven Team members has said
"Please look at the soft cap. Its totally enough to continue the roadmap". As per this statement I don't think have any problem hard-cap target.

If the team says they are cool with what they have gotten so far then Investors should begin to see work being carried out already hardcap is not therefore a necessary thing to achieve even though it will really make a lot of sense to achieve that but we are very much far away from hardcap still

Team is alreayd working, they already released the API/SDK to my knowledge for integrators to start testing and developing plans for how the backends will integrate, unless i'm misremembering, the softcaps what mattered as far as finances goes, the hardcaps just their to stop too much early growth that would devalue the token in the longrun,

hardcaps just their to stop too much early growth that would devalue the token in the longrun how do you mean here, not sure if i read about hardcap fufiling a need of maintaining token value Huh

Probably what he/she is referring is the case of excesses as when a hardcap is reached, a project may tend to fix everything at once, once done, the price of the token will rise exponentially and with nothing else to offer, it will collapse, thereby devaluing the token with time, maybe that's what he/she means

Zombie259

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Activity: 420

Merit: 11

Quote from: cryptorani on April 18, 2018, 10:47:00 AM

FSBT will give opportunity to developers with small or medium capital to create white label applications which will be able to compete with traditional banks

For 1000 FSBT Token every developer can use the 47B API with access that allows the development and implementation of modern financial services based on Forty Seven infrastructure and processes.

cryptorani

newbie

Activity: 56

Merit: 0

FSBT will give opportunity to developers with small or medium capital to create white label applications which will be able to compete with traditional banks

Anilg

member

Activity: 168

Merit: 10

Quote from: faulerwilli on April 18, 2018, 07:10:54 AM

Quote from: Owillz on April 18, 2018, 04:27:58 AM

Quote from: 2taps on April 17, 2018, 11:57:00 AM

Quote from: Owillz on April 17, 2018, 10:05:31 AM

For private customers FSBT tokens will give several benefits in using Forty Seven Bank products and services, as well as token holders will be top priority customers of the bank according to loyalty program and will get loyalty rewards on yearly basis based on performance of the bank.

How does this loyalty bonus actually work? Is it like how longer you are holding your tokens how more you get, or is it a standard bonus which you get at for example when you hold for 5 months.

I think it's a percentage of what you hold at a particular time of the year (maybe towards the ending of the year). The period for the reward to be distributed I am not sure of but what I am sure of is that it's yearly

I think you get the bonus if you keep FSBT on a specific deadline. That would be unfair to other long-term owners, but would push up the price before the deadline

There are different packages / free service for token holders. Free services decided bases on number of tokens you hold/ETH you invested.

jamzzz123

member

Activity: 350

Merit: 16

Quote from: faulerwilli on April 18, 2018, 07:10:54 AM

Quote from: Owillz on April 18, 2018, 04:27:58 AM

Quote from: 2taps on April 17, 2018, 11:57:00 AM

Quote from: Owillz on April 17, 2018, 10:05:31 AM

For private customers FSBT tokens will give several benefits in using Forty Seven Bank products and services, as well as token holders will be top priority customers of the bank according to loyalty program and will get loyalty rewards on yearly basis based on performance of the bank.

How does this loyalty bonus actually work? Is it like how longer you are holding your tokens how more you get, or is it a standard bonus which you get at for example when you hold for 5 months.

I think it's a percentage of what you hold at a particular time of the year (maybe towards the ending of the year). The period for the reward to be distributed I am not sure of but what I am sure of is that it's yearly

I think you get the bonus if you keep FSBT on a specific deadline. That would be unfair to other long-term owners, but would push up the price before the deadline

It would be good to get some real clarification on how the dividends are paid out from one of the official team to clear this up as it's a very attractive point for this project. So everyone knows what to expect

Cnote328

newbie

Activity: 112

Merit: 0

Quote from: Hendobox on April 18, 2018, 07:19:20 AM

Hello, please if you are new to this project and have not created your account, do not forget to do it here: https://my.fortyseven.io/register

https://www.youtube.com/watch?v=Kgr9YxmmnBk&t an introduction video as well to get one up to speed.

Hendobox

newbie

Activity: 154

Merit: 0

Hello, please if you are new to this project and have not created your account, do not forget to do it here: https://my.fortyseven.io/register

faulerwilli

full member

Activity: 994

Merit: 140

Quote from: Owillz on April 18, 2018, 04:27:58 AM

Quote from: 2taps on April 17, 2018, 11:57:00 AM

Quote from: Owillz on April 17, 2018, 10:05:31 AM

For private customers FSBT tokens will give several benefits in using Forty Seven Bank products and services, as well as token holders will be top priority customers of the bank according to loyalty program and will get loyalty rewards on yearly basis based on performance of the bank.

How does this loyalty bonus actually work? Is it like how longer you are holding your tokens how more you get, or is it a standard bonus which you get at for example when you hold for 5 months.

I think it's a percentage of what you hold at a particular time of the year (maybe towards the ending of the year). The period for the reward to be distributed I am not sure of but what I am sure of is that it's yearly

I think you get the bonus if you keep FSBT on a specific deadline. That would be unfair to other long-term owners, but would push up the price before the deadline

ibininja

member

Activity: 490

Merit: 10

Quote from: cryptorani on April 18, 2018, 05:18:11 AM

Quote from: cryptossi on April 17, 2018, 05:32:10 PM

Quote from: nesh1 on April 17, 2018, 04:34:42 PM

Check out this tweet from them about the role of payment Initiation Service Providers (PISP) after PSD2 comes into force here is the link https://twitter.com/47foundation/status/986212714564464640.

It shows how PSD2 will simplify online payments for customers which will make online shopping easier and more secure with less processes and third parties involved. This is what Forty Seven Bank can provide to fintech developers and ICO's.

Yes, and best thing is that FSBT team was already prepared for PSD2 regulations. They were expecting these regulations to be implemented all over EU.

They are actually making use of it for their own good. I think when the bank authorization is in place they will have both the advantage and the technology to get ahead of most.

Topic: [ANN] 💠 FSBT TECH 💠 – Open API For Fintech Developers - page 35. (Read 58118 times)