BABB (BAX)

Bank account based blockchain. Our decentralised banking platform will enable anyone to open a bank account and crowdsource financial services. The microeconomy is fundamentally underserved by the incumbent banking system. Emerging technologies provide the opportunity to create an alternative that addresses perennial problems of the banking system in new ways, including systemic risk, data privacy, financial exclusion and sluggish competition. Distributed ledger technologies, biometrics and machine learning provide us with the tools to create a new kind of bank, global and decentralised, which can service and empower individuals and businesses around the world in ways that traditional banks simply cannot. Built to operate independently of legacy systems, this new decentralised bank will serve, stimulate and galvanise the microeconomy, while operating in full compliance with regulations around the globe as well as Fair Banking principles . BABB is the decentralised bank for the microeconomy, providing individuals and businesses with a UK bank account, powered by blockchain technology. The account is managed via a smartphone app and provides access to a decentralised payment card. In addition, partnerships with central banks allow for the integration and issuance of other digital currencies around the world, further stimulating local micro-economies and expanding the reach of the BABB solution and its underlying BAX token. BABB is already an FCA Authorised Payment Institution (API) and will be applying for a Banking licence in early 2018.
Rank 284
Price $0.0006
Market Capitalization $13 131 043
24 Hours Volume $284 023
Available Supply 20 999 999 999 BAX
Total Supply 50 000 000 000 BAX
Change (1 Hour) -0.02%
Change (24 Hours) 3.11%
Change (7 Days) -3.15%
Cryptocurrency News
October 19th, 2018

The Wall Street banking giant and Galaxy Digital Ventures together invested a total of $15 million in the Series B funding round for BitGo.

October 19th, 2018

In case the demand zone of $0.075 holds, the price will bounce to the north and break the strong supply zone of $0.080, Cardano price will resume its uptrend movement towards the supply zone of $0.088.

October 19th, 2018

Сoinbase has recently сreated an automated security tool and now it is available to the public via an open source code.

October 19th, 2018

Anomalous growth of Bitcoin and decrease in the USDT on Bitfinex: what really hides behind the scenes, what does it have to do with mysterious IMMO and whose trading bots in charge of massive USDT sales? Answers seem to be found now.

October 19th, 2018

Tron Foundation has сonfirmed its cooperation with Baidu, a China-based internet giant, with a view to use its cloud solutions.

October 19th, 2018

FinHub will act as a central medium for the securities agency to interact with developers and entrepreneurs from the fintech space.

October 19th, 2018

Binance is actively looking to list more stablecoins in addition to the three it already supports and is currently evaluating almost all the stablecoins on the market.

October 18th, 2018

Ripple is continuing to rise on Thu Oct 18. The crypto is trading at around 0.4853 (+0,4%), says Dmitriy Gurkovskiy, Chief Analyst at RoboForex.

October 18th, 2018

In case the bulls increase their momentum and sustain it, there is a possibility that the pair would head towards the north with very strong momentum.

October 18th, 2018

Bitcoin is showing more signs of maturity as more financial institutions warm up to digital currencies.