BABB

Яна Юхименко
2 min readDec 14, 2017

This article is written by Bitcointalk user iLatios

All of us understand that after presenting and fast-growing popularity of cryptocurrency there is a need to change bank system. More and more people are not only interested in crypto, but also use tokens in everyday life. So it is high time to make the banking system decentralized.

BABB is going to make this dream come true. Information about BABB is available on its main website https://getbabb.com

BABB is an acronym for Bank Account Based on Blockchain. BABB team members are going to show us not only how to deal with such problems, but also how the solution can raise human well being to a more desirable and excellent quality and condition. In that case such improvement will change the global economy as well.

Product

Blockchain technology is safe as all of us know. BABB team members are goind to use it to protect our personal data. What is more they can cut the cost of financial fee. Using smart-contract will is peer-to-peer network, connecting people.

Due to the fact that using mobile phones is useful for almost everyone, BABB is creating a special app for smart-phones. It will use your own photo and password and so you can open bank account wherever and whenever you need. As a result, once you have entered, you get your personal bank.

Also there is another amazing innovation. I mean the Black Card. As it is written in BABB Whatepaper (which can be found here https://getbabb.com/babb-whitepaper-short.pdf), it will be a payment card connected to the BABB app using an NFC tag or QR code with no data stored on the card itself. Using your Black Card you can pay and shop on-line. BABB universal payment system will differ from VISA and MasterCard because there will be no need to buy and use card machine.

Security

To protect our personal data, BABB will use Blockchain benefits and also biometrics. With face scan, voice print and geolocation creation of secure digital identifiers for users is possible and easy. It is modern innovation. You do not need to use ID documents any more.

To find out more information, visit https://getbabb.com

Read BABB Whitepaper here: https://getbabb.com/babb-whitepaper.pdf

Its shot version: https://getbabb.com/babb-whitepaper-short.pdf

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