Project BABB

The BABB project creates a financial management platform using blockchain technology. The company plans to launch an application through which users will be able to open any bank account in the UK anywhere in the world. Once you start using the BABB app, you automatically become your own bank. Everyone who owns a smartphone and the internet can become a user in the global BABB market. Where you can trade finances with other users, transferring money from anywhere in the world is quick and easy with minimal commissions. Also using the BABB system it is possible to swap currencies without intermediaries that have the privilege of convenience. In the BABB system, you can quickly find all the people who are close and do financial transactions directly.

The objective of the BABB project is to achieve deep financial and social integration through the provision of P2P banking services. As you know, P2P is a single, decentralized computer network. This gives equal rights to the parties. This network does not have a dedicated server, and each node as a client also acts as a server. Such networks can load more workloads with a number of available nodes.



For BABB platform functionality and management, the company's digital currency will be used - the BAX token. Token BAX will provide all fees, fees on the platform in the form of fees for conducting financial transactions. Also tokens will be traded on various crypto exchange exchanges.



BABB uses blockchain technology with an in-depth understanding of the laws and principles of data protection, to create system secrecy. It is important that all BABB users will have digital identification provided by some technologies, including biometric and geolocation data. This means you will always see who is communicating.

AI will also be used for fast KYC, creating profiles for each user, which will make it easier to detect fraudulent behavior or inappropriate credit behavior. In addition, a book distributed with a blockbal trade contract means that all transactions will be resistant to unauthorized access.

The BABB platform decentralizes data storage, so each user will monitor the KYC and its own financial data and decide who has access to this data. All information is private unless you decide to share it with other users. Data protection will be done through various means of storage and encryption. They will be optimized for security by default and served in a clear and intuitive user interface. This means other users have access to the data they need to use to complete the interaction. For example, you can allow mortgage brokers to view your credit history, but not your gender or ethnicity. Having ownership and control of your data, you have the right to grant your explicit consent for use.

Specialists in blockchain create products that use decentralization as a force for good, including ethical issues to promote the freedom and rights of participants. BABB is reviewing financial services to promote freedom and empowerment, while respecting user privacy.

The BABB project team is represented by a number of diverse national specialists in the areas of entrepreneurship, banking, engineers, researchers and researchers, experienced investors, as well as specialists in the field of blockchain with real experience.

TEAM



More about the team, see here - https://getbabb.com/team
For BABB platform functionality and management, the company's digital currency will be used - the BAX token. Token BAX will provide all fees, fees on the platform in the form of fees for conducting financial transactions. Also tokens will be traded on various crypto exchange exchanges.

On February 6, 2018, the ICO of the BABB project began, in which everyone could take part. The initial sale of the BAX token ended successfully, the company sold all tokens allocated for pre-sales. To follow ICO you need to register at BABB's official website - https://getbabb.com/





For more information about this project, see the link below:

https://getbabb.com/
https://getbabb.com/whitepaper
https://twitter.com/getbabb
https://www.facebook.com/getbabb/
https://t.me/babb_official

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