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FSBT Technologies

Finance
Website
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Status
ICO

FSBT Technologies is a project aimed to create a universal bank both for users of cryptocurrencies and adherents of the traditional monetary system.

FSBT Technologies White Paper Whitepaper

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User Rating
Medium
3/5 1 votes
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Ticker
FSBT
Type
Utility-token

What is FSBT Technologies

FSBT Technologies will be a fully digital branchless financial institution which complies with all EU directives, Basel III, Financial Conduct Authority (FCA), Prudential Regulation Authority (PRA) and Bank of England requirements.

FSBT Technologies allows customers to have access to all their accounts in different banks and crypto wallets as well as to their investments and savings in cryptocurrency and fiat equivalents via a single application. Companies will be able to attract finances via a product invented by FSBT Technologies – Cryptobonds.

FSBT Technologies clients will have an opportunity to analyze and manage all financial operations in fiat and non-fiat currencies using flexible analytical functions of the company's software.

FSBT Technologies will support its customers who are offering small products and services as individuals without having a company.

FSBT Technologies will provide tech support with integrated machine learning technologies to their individual customers, which will help to resolve any issues between the bank and its customers.

FSBT Technologies is going to provide services for companies that would like to attract financing via ICO.

FSBT Technologies Roadmap

1
October 2016

Elaboration of concept of a modern bank that will work with cryptocurrencies and fiat money

2
February 2017

Formation of a team, research, market analysis

3
March 2017

Detailed project plan elaboration

4
April 2017

Bank’s financial model construction, preliminary calculations

5
May 2017

Idea of administering project’s crowdfunding

6
June 2017

Preparation of documentation for crowdfunding administering

7
October 2017

Start of crowdfunding via Token Launch

8
December 2017

Successful completion of Token Launch, summing up

9
January 2018

Procedures elaboration and creation of document base for the company

10
February 2018

Software infrastructure deployment

11
April 2018

Applying for EMI, PI authorisation at FCA

12
May 2018

Integration with SWIFT system

13
June 2018

Certification according to QSA PCI DSS Level 1 standard

14
July 2018

Obtaining EMI, PI licenses, and authorisation for activity from FCA

15
August 2018

Launch of services for FSBT tokens holders

16
September 2018

Launch of services for private clients

17
November 2018

Submission of documents to obtain banking license

18
May 2019

Obtaining banking license, launch of services for business clients

19
June 2019

Start of providing full-scale banking services

Token Sale Dates

ICO

Start date: Nov 16, 2017
End date: Apr 30, 2018

Funding Details

Soft Cap 3,600ETH
Hard Cap 15,410,900 USD(fiat)
Funds Raised (as of now) 10,000,000 USD

Token distribution


90% - Contributors
5% - Bounties
5% - Founders

Token Price and Payment Options

Token price USD 1 FSBT = 2.4 USD
Accepted Currencies ETH BTC

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