Because some perceive it as a threat to traditional financial ecosystems, these institutions have responded with sharp criticism and deep skepticism for the advancement of this technology.
While major institutions find that bitcoins, perhaps problematic as currency, they seem to increasingly believe that blockchain, as a protocol that manages and facilitates bitcoin exchanges, offers more benefits for their closed database systems.
With this in mind, the players of major financial institutions have begun to go ahead by discussing experiments on blockchain bitcoin and its decentralization ledger.
With the large number of banks that experimented with blockchain technology and made the digital currency continues to grow rapidly. They believe that customers are looking for digitization and convenience. But the greatest obstacle to applying new technology and cooperation is the rule and legal requirements in different jurisdictions around the world. As reported, that in early December 2015, Deutsche Bank announced it had successfully tested a bond platform based on blockchain technology. Blockchain technology "smart contract" used to remove and redeem bonds paid using automated coupons.
Looking at these opportunities one of the financial services formed by utilizing blockchain technology is polybius foundation.
Introduction of polybius
Polybius foundation, finance, security, legal and technical team raise funds for bank polybius project. The purpose of polybius is to take advantage of broader digitalization trends with a focus on:1. Financial services that are at the core of all business interactions
2. Digital ID and wallet, the concept required to serve as a gateway to the Ecommerce marketplace.
Polybius bank will become a fully accessible digital bank everywhere. It will have all the functions of a classic bank and will be entirely dependent on the latest digital technology.
This will enable Polybius Bank to become one of the most expensive banks to operate in the world, with very efficient revenue / revenue ratios.
The Polybius Bank project aims to build a scalable online financial infrastructure for businesses and individuals, provide EU electronic identity and guardian services, and create user authentication and process for gateway payments, not just online merchants, but also commercial, corporate and government services.
The key element of the polybius ecosystem is the polybius foundation and Digital Pass
1. Polybius Foundation is a polybius bank payment institution. Customers will not only gain access to a variety of financial services, but will likely be the first to get PolyID that will plug them into the Digital Pass environment.
2. Digital Pass, is a service, which will serve as a storage for information and encrypted individuals. The security of the information service to be activated by the SSL certificate.
More details download WHITEPAPER
Spesification
Token
name : PLBT
Blockchain
: ethereum
Ico
Price : 10 USD/PLBT
ICO Plan
The Polybius Foundation raised funds to support the establishment of Polybius Bank. Polybius
Foundation publishes Polybius Token (PLBT) through smart contracting
system operated by ethereum and will be marketed for 10 USD / PLBT. For the certainty of ICO implementation schedule visit http://polybius.io/
or visit forums thread https://bitcointalk.org/index.php?topic=1848751.0
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