What we mean by this is the combination of traditional banking functions with the innovative advantages of Blockchain technology and tradable crypto-currencies
What do we understand by traditional banking functions:
Standing- and collection- orders, transfers, credit and debit cards, salary accounts, cash in and out
Innovative advantages of Blockchain technology: anonymity, low transaction costs, instant payment function, enhanced security features
24/7 MOBILE / APP BLOCKCHAIN & CRYPTO BANKING
• CRYPTO BANKING FOR DAILY LIFE
By combining traditional banking capabilities with those of Blockchain technologies, crypto-currencies will be made accessible across the range of daily life. That means purchases at the bakery, butcher’s, textile shop, online trading, and even collection- and standing- orders for electricity, gas, rent, community taxes (garbage, sewerage, water …) will be transacted using crypto- or FIAT currencies.
• WORLDWIDE FREE ACCESSIBILITY
These services will be freely accessible worldwide, regardless of customer’s origin, wealth status or other personal circumstances.
• LOW TRANSACTION COST
Thanks to the Blockchain technology that we use, we will charge low transaction costs.
Scalable architecture that supports an unlimited number of users and handles high transaction volumes
Our Blockchain will consist of data sets which are continuously expandable and which are interconnected by cryptographic means. Each block will receive a secure hash of the sub-block as well as transaction data and a timestamp. These data sets will be stored in decentralized locations and are processed, verified and invariably logged without a central overview
All services will be available in the simplest way, online and through App’s
Remittances, contracts (loans, investments, wealth management …) will be immediately available through Smart Contracting avoiding any delay to transfers
• CONTACTLESS PAYMENTS
We will offer contactless, easy and secure payments with crypto- and FIAT currencies using NFC-enabled debit and credit cards, loyalty cards, wristbands, watches … applicable in more than 500 million stores worldwide.
All financial transactions in your daily life will be handled with our NFC devices. Most shops already offer contactless payment terminals that will make mobile payments quick and easy. Commercial payment solutions such as ApplePay, AndroidPay (and many others) will support such processes in a user-friendly way.
Our NFC payments will be optimally secured and will have the best possible protection against hacking. Additional passwords, fingerprints and even face recognition will underpin the security of money transfers. Each chip in your device will have a unique code personalized to you alone.
In case of loss, theft or device failure you will be able to lock your lost or defective device via app (not your account !) and order a new one immediately.
In such cases, your protected account can only be accessed when you receive your new device and new code.
24/7 MOBILE/APP BASED CONVENTIONAL BANK SERVICES
Innovative technologies have been the main driver of changes in macro-economic development over the last 300 years. For the next 5 years, experts at the World Economic Forum forecast so-called megatrends such as the “Internet of Things (IOT)”, “Artificial Intelligence and Smart Data” and the widespread use of novel, Internet-based concepts for the exchange of digital goods.
BCB4U, as the world’s most advanced bank, will combine a revolutionary “banking Blockchain” with SEPA banking software, to provide a full range of banking services at the lowest cost – already available today, without limitations and including the security you need.
Because of the rapidly changing demands on products, processes and applied technologies (mainly through Blockchain technology), we have and will further develop software with the best software partners worldwide. It has the following system characteristics:
view of customer transaction information in the local banking system and online mode
fully scalable architecture that will support any number of users and handle high transaction volumes and operational growth
due to the size and complexity of a bank management system, it is important to build a large application out of individual modules. Our banking service will include debit & credit cards, instant transfers, investments, loans, online & SMS banking etc. in online processing time
our software will communicate with any open application – especially Blockchain technologies
the modular structure and the database kernel will allow for flexible modifications of the installed banking software
Our SEPA banking products will be the perfect complement to our range of Blockchain products – this will make all traded crypto-currencies usable in daily life for the very first time!
CRYPTO & FIAT DEBIT AND CREDIT CARDS
• FOR EVERYONE
We will make debit and credit cards freely available to anyone who can connect to wallets for different crypto- and FIAT currencies
With the help of the wallet system, it will be possible to switch between crypto- and FIAT currencies at any time as the card’s basic currency
• CONNECTABLE WITH ALL YOUR BANK ACCOUNTS
API interfaces will be used to connect third-party providers (e.g. third-party banks, cashback loyalty systems) to the BCB4U credit card account. The PSD2 control also will provide
s access to third-party accounts through the BCB4U account
• MODERN DEVICES
Just one single NFC device (card, watch, wristband, smartphone …) will be needed to access all accounts (owned and third-party accounts)
• 500 MILLION SHOPS
Payments will be made possible worldwide in over 500 million real & online shops – cash withdrawals too
• EXTREMELY SAFE
The security features integrated in the devices, such as fingerprint and/or face recognition etc., will provide optimal protection
• FREE OF CHARGE
Internal Payments will be free of charge
Up to 85% of transaction fees from shop partners will be refunded
• FLEXIBLE & PERFECT
BCB4U will provide a payment function for all users of crypto & FIAT currencies using the digital currencies debit card. The digital currency will be converted “on the fly” directly into the required FIAT currency during the payment process and it will thus be used like any conventional credit or debit card.
Furthermore, invoices e.g. from energy providers, or insurance companies, installment payments for loans, online purchases etc. will of course also be settled directly from the e-wallet using the crypto-currency. And
, the BCB4U card will also include all conventional payment methods, e.g. SEPA, immediate payment, credit card payment, Western Union, etc. Various loyalty programs will also be incorporated.
BLOCKCHAIN & CRYPTO WEALTH MANAGEMENT
Our Crypto Wealth Management service (supported by etoxx crypto-currency analysis software) will provide tremendous benefits and impacts on our clients’ wealth management.
Our ‘ledgers’ will be very flexible – once set up, they will be able to be used to avoid any time delays: from the customers’ onboarding process, to optimizing the management of CC model portfolios, and to accelerating clearing and handling of exchange transactions.
• BCB4U CRYPTO WEALTH MANAGEMENT KEY FACTS
The software that has been developed (2016-2018) and ongoing upgrades analyze historical CC data and projected CC exchange rates.
Customer profiles will be stored anonymously on a Blockchain account or wallet.
Customers will be able to implement and change their asset strategy online. Online and app based changes will be assimilated and implemented in the individual customer strategy in real time.
Investments in crypto-currencies, analyzed ICOs, precious metals, stocks & bonds & funds, real estate investments via crypto-currencies will be possible.
• BCB4U CRYPTO WEALTH MANAGEMENT BENEFITS
Real-time settlement models will reduce transaction costs
,significantly, as well as reduce partner and capital availability risks.
Anonymity, risk and financial history, including know-your-customer (KYC) and investment profile suggestions, will be managed cheaper, faster, and much easier with smart contracts and an encrypted single point of truth (“SPOT”).
Financial planning based on Smart Data analysis will be possible.
Digital investment portfolios based on crypto-currencies will be workable.
An immediate transfer of assets between contracted parties with authenticated origin and traceability of changes will be enabled.
Our range of offers will quickly turn crypto wealth management into mainstream and has the potential of outperforming old wealth management systems.
• WORLDWIDE ALL ATMs/CASHPOINTS CAN BE USED
In contrast with other providers, our customers can draw FIAT currencies at any ATM worldwide. This makes us unique in not needing our own additional providers.
• CREDIT IN BCB4U
Customers will receive a final-maturity credit to a maximum of 40,000 BCB4U coins and for a maximum of 12 months, using Smart Contract (security: crypto-currencies) and change this into their desired FIAT currency.
For this credit, no interest is charged
• EXCHANGE RATE HEDGING
The exchange rate is hedged at 125% (e.g.: BCB4U coin on the day of the BCB4U coin credit draw has an equivalent value of 1 USD - on the day of repayment the BCB4U coin is hedged upwards with max. 1.25 USD)
After full credit repayment, customers receive 2% cashback in BCB4U coins
• SUPPORTING THE INTRINSIC VALUE OF THE MCV
The credit cycle (credit issue and repayment) supports the demand and benefits of the BCB4U coins
CRYPTO EXCHANGE HOUSE
To complement our product range still further, we will open our own crypto-exchange platform in 2019, which will map all major crypto-currencies. It will facilitate quick, simple and reliable handling of all customer transactions.
LOYALTY / CASHBACK
UP TO 85% CASHBACK
The BCB4U Loyalty and Cashback Program provides various levels of cashback payments. As Blockchain/Crypto Bank, we will offer higher proportionate Loyalty/Cashback payments than for comparable FIAT transactions (credit/debit cards, online transfers, crypto credits and all transactions related to cryptographic currencies).
In the case of crypto transactions, customers are credited with up to 85% of the partner commissions in BCB4U coins and up to 10% for FIAT transactions.
This should promote the use of crypto currencies, secure a unique cashback for private customers and guarantee loyal customers as well as reduce transaction costs for the shop partner through loyalty.
WHY WE ARE THE FUTURE
Other people are offering a crypto debit card and call it revolutionary.
We are different: for the first time all SEPA banking services are being merged with the world of crypto-currencies under one roof.
Thanks to our full bank license, we can offer all classic banking products and complement them with wide-ranging crypto-currency products such as bank transfers, collection- and standing-orders, debit & credit cards, wealth management (including ICO investments, crypto analysis program, mining …), loans and other investments.
THIS MAKES US UNIQUE AND WILL COMPLETELY REDEFINE THE FUTURE BANKING LANDSCAPE
WHY THE MCV TOKEN IS UNIQUE
The MCV token will be a voucher for the future BCB4U coin. One MCV token will equates four BCB4U coins. The BCB4U coin will be used as the central BCB4U bank currency and also as a loyalty coin – i.e. for products such as leasing, credit, insurance, mining, exchange transactions …, as well as crypto currency transactions with debit & credit card payments; millions of smaller and larger cashback transactions will be executed daily in the BCB4U coins.
This will make BCB4U coin one of the most used coins in the world and increase daily demand.