About WBBC - World Bit Bank

The 21st century is a new world of the Internet. The Internet provides quick and uninterrupted connection in real time, which has changed our interaction with each other. In the future, most processes involving human activity will occur with the aid of digital technologies, including blockchain. This pertains to the financial sphere as well, since most of humanity is not satisfied with the current state of affairs in this sector due to the difficulty in accessing such services. Our project involves the development of new cryptocurrency-financial technologies and their integration into the existing financial and banking system. Furthermore, the implementation of this project will facilitate quick and cheap monetary transactions in real time in the World Bit Bank ecosystem developed by our team and which is based on blockchain technology.

Features

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;

Technical Info

The World Bit Bank will introduce the Wibcoin (WBBC) token based
on the Ethereum blockchain, which is designed as a public
cryptocurrency for everyday digital services, such as payments,
currency exchange, value maintenance.
Wibcoin (WBBC) will be the unit of account of all transactions in the
World Bit Bank ecosystem and will serve as the foundation for
interaction with other digital services.

WBBC - World Bit Bank Roadmap

 

  • 2016

  • IT company Vitsolutions, LLC, for the development of mobile applications and financial technologies, established.
    Team of banking experts and software developers assembled. Work on the World Bit Bank project commences.

  • 26.12.2017

  • Contract of intent to purchase a bank in Europe signed.

  • 27.12.2017 - 26.04. 2018

  • Meeting with investors and presentation of the project to venture capital funds.
    Project concept formulation.

  • 27.04.2018 – 27.06.2018

  • Conducting PRE – ICO and raising 25 million euros for the purchase of an existing bank in Europe.
    Preparation of documents for the purchase of an existing bank in Europe.

  • 3Q 2018

  • Purchase of an existing bank in Europe. Development and commissioning of World Bit Bank software products.
    Preparation for ICO of the Banking Group World Bit Bank.

  • 4Q 2018

  • ICO and sale of Wibcoin (WBB) tokens for purchasing 9 banks in various financial jurisdictions around the world under the brand of the Banking Group World Bit Bank.
    Rebranding the banks to World Bit Bank.

  • 2019

  • Purchase of 9 banks in various financial jurisdictions around the world under the brand of the Banking Group World Bit Bank.
    Rebranding the banks to World Bit Bank.
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