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World Bit Bank

The World’s First Legal Cryptocurrency Bank

Vitsolutions, LLC has been conducting technical development of the World Bit Bank project and researching innovative financial technologies and the blockchain technology since 2016. World Bit Group which manages the World Bit Bank was established in 2018. It was registered in the EU and holds the Virtual currency against fiat currency exchange license and the Virtual currency wallet service license. Being under European jurisdiction, all real and digital assets of investors will have the highest security. By covering a large portion of the globe, we will be able to provide millions of people with banking services using cryptocurrency in conventional banking operations. Such services include: cryptocurrency loans, use of cryptocurrency in VISA/MasterCard debit cards, easy and cheap transfer and exchange of cryptocurrencies and many more financial transactions we make every day.

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Ended
2018-04-27 - 2018-06-27
Starts in 39 days 8 hours
2018-09-01 - 2018-12-31
Token
WBBC
Price
1 WBBC = 0.0037 ETH
MVP/Prototype
Platform
Accepting
ETH
Soft cap
250,000,000 EUR
Hard cap
500,000,000 EUR
Country
Whitelist/KYC
None
More on ICO
Report

About World Bit Bank

In February 2018 the company obtained a license to work with cryptocurrency - virtual exchange, virtual wallet services in full compliance with Estonian anti-money laundering and financial terrorism laws. The project involves the development of technologies and the establishment of an international cryptocurrency bank under the World Bit Bank (WBB) brand, whose work is based on two key technologies:
mobile, as a means of conducting real-time monetary transactions, and blockchain technology - the use of cryptocurrency (Wibcoin token) as the unit of account in the World Bit Bank ecosystem.

The WBB Wallet mobile application - a mechanism which merges tokens and a debit card. World Bit Bank (WBB) enables bank customers to pay in any cryptocurrency worldwide as long as they have any digital money on their WBB Wallet.

The World Bit Bank (WBB) project offers a new solution developed from blockchain technology and related to 5G finance, specifically:
● absolute transboundariness;
● cross-platform nature;
● easy usage;
● Instantaneousness of transactions;
● funds always under control of the client. The client’s funds cannot be handled without the client’s approval;
● low or zero transaction charges;
● high security thanks to cryptography;
● API with open source code;
● full transparency of source and movement of funds between accounts;
● authentication;

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ICO KYC Report
2 members invited
Igor Romanenko
Passed
Vlad Romanenko
Passed
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