What is Babb
By downloading the BABB application for smartphones, everyone will have the opportunity to quickly create a personal bank account and monitor all their financial transactions anywhere in the world, a user only needs to connect to the Internet. BABB also supports popular banking functions (payments, transfers and other P2P transactions using smart contracts). Besides all this, platform users can earn on their own means, providing P2P services, as banks do.
The black BABB card guarantees the user safety and convenience in the calculation. The BABB card will be directly linked to the user's account in the bank via QR code or NFC.
All payments, licensing and other services on the BABB platform will be carried out on the basis of BABB tokens. If the user does not have BAX tokens, it is possible to purchase the necessary amount from banks on the BABB platform, on exchanges, or from other users.
Applied for two patents: facial and voice recognition for opening a bank account
Seed funding: $1M
Accepted and moved in Level39 Incubator in London
Biometrics tested. Start MVP development. UX of the app designed
Applied for a patent: Prepaid bank account smart card
Dinancial model + Investor business plan
Moved into new office. MVP development
Filed application pending for two more patents: unique bank account based blockchain technology, microeconomic digital currency issuance and exchange protocol
Black card concept design
Pilot: Central bank (MENA region). Develop the Black card channel. Deliver MVP with simple backend
V1 App launch with Proper backend
Founder / CEO
Head of Research
Head of Marketing
Head of Communications
Middle East Communication Manager
Video Content Creator
Lead Product Manager
Head of Engineering
Senior Software Engineer
Lead Technical Advisor
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