Digital coins have come up almost out of nowhere, like bitcoin a few years ago and are growing at an absurd pace, even though it is such a closed market that it still does not attract the attention of the general public. That means the potential of this market is gigantic and we still know only the tip of the iceberg. Real possibilities are beginning to emerge as the public becomes aware of the blockchain and terms like decentralization and all the advantages that come with it.
While all over the world, state banks block finances and population savings, the blockchain comes to show that a finance network can stand alone without the need for a state or a mediator. We are experiencing the birth of an era where transparency really exists, and is not just a handsome speech used by big business to be socially accepted.
Nevertheless, there are still many barriers that prevent decentralization from becoming habitual and viable in people’s lives. The main one is the lack of knowledge and dissemination of information. Many people started to take note of bitcoin and see it as a big business, which is true, after all, the exponential growth of the bitcoin value in the last surprised us even the most optimistic of investors.
Another barrier is that the transaction of the physical currencies to the digital ones is not a simple task, especially since very few banks and / or payment services have support to the crypto-coins, and when they have, they are limited to Bitcoin, and in the most optimistic of cases, Ethereum.
The market needs to get past that barrier as fast as possible, that is, if it wants to win the mainstream audience once and for all, and suit the market that already exists, so that a slower, more necessary transaction from the physical to the digital takes place. This, in theory, would make the public’s faith in the coins rise. Many still see the coins with bad looks, thinking if it is a pyramid scheme or something, and this is one of the most revolutionary ideas and if it grows, it can have as much impact on the world as the internet had.
Ideas to overcome this problem are not lacking, but in this world, having ideas is not enough, you have to put them into practice, show your potential, and make the public’s belief in the business increase.
The main proposal of Forty Seven Bank is to be the first bank in the world specialized in digital currencies, that is, specialized in the transaction of the traditional money for the digital money. That way, with a reliable bank, converting the bits into notes will be much simpler, faster and safer.
With blockchain technology and decentralization as its main allies, Forty Seven Bank has everything to be for digital currencies, which Google went to for the internet. A kind of gateway for most people, who upon entering this market, will see the real revolution going on.
So do not stay out come and be a part of this great revolution Forty Seven Bank learn more details
https://www.fortyseven.io/ the pre ico begins on November 1st.
https://www.fortyseven.io/