Moreover the implementation of this project will facilitate quick and cheap monetary transactions in real time in the World Bit Bank ecosystem developed by its team and based on blockchain technology.
So far the basic issue is how digital technologies, financial technologies and blockchain technology can help conduct monetary transactions in real time and cost-free.
Today it is impossible to develop a money transfer system without digital technology and cryptocurrency as well as without digital identification which is an integral part of this process. That is why cryptocurrencies will particularly play a crucial role in the new financial world.
The WBB brand 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.
These technologies are aimed on solving the problem as follows – wallet usage of the only one cryptocurrency.
World Bit Bank customers will not have to be limited to a single cryptocurrency. Thus they will have access to the whole range of assets.
World Bit bank team is ready to present a final version of WBB Wallet. At the present time, mobile application is going through the final tests and getting prepared for an official presentation. Development team is doing their best to provide a qualified and comfortable service for the users.
The WBB Wallet mobile application is a breakthrough which merges tokens and a debit card and appears to be an effective solution to these problems.
The project consists of the following: World Bit Bank debit cards and the WBB Wallet. The WBB Wallet is a mobile application that gives the opportunity to use cryptocurrencies in the real world.
World Bit Bank debit cards are traditional Visa/Mastercard debit cards. Payments are made in cryptocurrencies including the ERC20 standard, i.e. one can pay in BTC, ETH and other cryptocurrencies.
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.