[ANN] 💠 FSBT TECH 💠 – Open API For Fintech Developers

[phantam]

Just a quick question (didn't read the whole whitepaper & thread, so sorry if already answered):
1) where do you plan to acquire banking license (UK)?
2) how do you plan to solve AML difficulties that come with the crypto world anonymity - traditional banks must have very complicated systems to control money flow, how do you plan to do this with crypto?

Because in order to become official bank we will have to get the license from Financial Conduct Authority (FCA) in the United Kingdom.

We are planning to develop Forty Seven Bank App Platform that will become heaven for fintech developers, as they will be able to create fintech applications and use umbrella services of the bank (KYC, AML, our customer base, etc.).

Yes, you're right. There are challenges, but we have already faced similar challenges in the past and were successful in dealing with them, so, we consider them as challenges, but not as difficulties.

Wow great update. It will be tough to get a FCA license, but with an experienced Team like 47B it will go. The heavenly bank app will be very attractive for developers, you should promote the app more. 

Good to be reminded of the red tape thats in the way of really being a success, and even better to be reminded that the team is aware of the hurdles that still stand in their way and are working to leap past them as quickly as possible. I think 47BK having this consistent community integration and back and forth discussions goes a long way to ease any unrest or fear from all the stuff that lies ahead.

[nesh1]

seeing the progress of ICO right now I believe Forty Seven will be able to reach hard cap, 22 days left and more than 50% token has been sold.

Yeap, they already reached softcap and already reduced hardcap. More than 55% FSBT then sold in hardcap.

As i already have said this, but Forty Seven bank did really well to extend it. Now more people are joining it as we can see on the live counter. I do hope that it is going to be listed above the ICO price though.

I would be disappointed if it is not listed above ico price and i believe fortyseven bank token will be one of the tokens that will do well even in this market.

Maybe it will list under the ICO price, but I am sure that it will go over the ICO price in time. You simply can't predict the market and what the price will be.

the market is simply unreliable as we speak and i support them waiting till market is stable before they list, FSBT has a real good usecase so it will thrive

I am also expecting like this. Before they list in market, it should recovered or early investors will face issues about price.

Do we have any latests update from FSBT team regarding progress/current status about development? What's completed and what's going on currently?

Please read this: https://medium.com/@FortySeven47/forty-seven-api-first-version-is-released-257af748d6b5

I just checked out their developers website and it is amazing that they have so many apps that are already working with the fortyseven API you can see all those apps right here https://developers.fortyseven.io/display/API/App+Store.

[girib1684]

seeing the progress of ICO right now I believe Forty Seven will be able to reach hard cap, 22 days left and more than 50% token has been sold.

Yeap, they already reached softcap and already reduced hardcap. More than 55% FSBT then sold in hardcap.

As i already have said this, but Forty Seven bank did really well to extend it. Now more people are joining it as we can see on the live counter. I do hope that it is going to be listed above the ICO price though.

I would be disappointed if it is not listed above ico price and i believe fortyseven bank token will be one of the tokens that will do well even in this market.

Maybe it will list under the ICO price, but I am sure that it will go over the ICO price in time. You simply can't predict the market and what the price will be.

the market is simply unreliable as we speak and i support them waiting till market is stable before they list, FSBT has a real good usecase so it will thrive

I am also expecting like this. Before they list in market, it should recovered or early investors will face issues about price.

Do we have any latests update from FSBT team regarding progress/current status about development? What's completed and what's going on currently?

Please read this: https://medium.com/@FortySeven47/forty-seven-api-first-version-is-released-257af748d6b5

Yeah, I saw this article. They released 3 websites Forty seven developers, API, API Explorer. They will be updating their API in the near future and will share news about developments with us!

[trapcoin-dev]

Finally the ICO has started, can't wait!

[Anilg]

seeing the progress of ICO right now I believe Forty Seven will be able to reach hard cap, 22 days left and more than 50% token has been sold.

Yeap, they already reached softcap and already reduced hardcap. More than 55% FSBT then sold in hardcap.

As i already have said this, but Forty Seven bank did really well to extend it. Now more people are joining it as we can see on the live counter. I do hope that it is going to be listed above the ICO price though.

I would be disappointed if it is not listed above ico price and i believe fortyseven bank token will be one of the tokens that will do well even in this market.

Maybe it will list under the ICO price, but I am sure that it will go over the ICO price in time. You simply can't predict the market and what the price will be.

the market is simply unreliable as we speak and i support them waiting till market is stable before they list, FSBT has a real good usecase so it will thrive

I am also expecting like this. Before they list in market, it should recovered or early investors will face issues about price.

Do we have any latests update from FSBT team regarding progress/current status about development? What's completed and what's going on currently?

Please read this: https://medium.com/@FortySeven47/forty-seven-api-first-version-is-released-257af748d6b5

I just checked out their developers website and it is amazing that they have so many apps that are already working with the fortyseven API you can see all those apps right here https://developers.fortyseven.io/display/API/App+Store.

Thanks for the article nesh1. So  first version of FSBT API is already released. All Developers that plan to enter Forty Seven’s App Store can start developing their applications right now! Wow thats good.

[faulerwilli]

seeing the progress of ICO right now I believe Forty Seven will be able to reach hard cap, 22 days left and more than 50% token has been sold.

Yeap, they already reached softcap and already reduced hardcap. More than 55% FSBT then sold in hardcap.

As i already have said this, but Forty Seven bank did really well to extend it. Now more people are joining it as we can see on the live counter. I do hope that it is going to be listed above the ICO price though.

I would be disappointed if it is not listed above ico price and i believe fortyseven bank token will be one of the tokens that will do well even in this market.

Maybe it will list under the ICO price, but I am sure that it will go over the ICO price in time. You simply can't predict the market and what the price will be.

the market is simply unreliable as we speak and i support them waiting till market is stable before they list, FSBT has a real good usecase so it will thrive

I am also expecting like this. Before they list in market, it should recovered or early investors will face issues about price.

Do we have any latests update from FSBT team regarding progress/current status about development? What's completed and what's going on currently?

Please read this: https://medium.com/@FortySeven47/forty-seven-api-first-version-is-released-257af748d6b5

I just checked out their developers website and it is amazing that they have so many apps that are already working with the fortyseven API you can see all those apps right here https://developers.fortyseven.io/display/API/App+Store.

wow, that's cool. I did not know that this site already exists. There are already many apps.
I have to take a closer look. Thanks for the link, it's really great to see all the progress

[cryptorani]

Finally the ICO has started, can't wait!

Started? ICO started few weeks back and softcap already reached and its going towards hardcap now.
I think you just visited this project and want to know more about this projects. Please visit below page to know more about this project
https://www.fortyseven.io/

[phantam]

Finally the ICO has started, can't wait!

Started? ICO started few weeks back and softcap already reached and its going towards hardcap now.
I think you just visited this project and want to know more about this projects. Please visit below page to know more about this project
https://www.fortyseven.io/

Yep the hardcap is coming up quite quickly, they did hit the softcap before the extension, the time we're in now is more due to the extension due to market conditions, that they decided to let more people invest as the market is in iffy conditions globally. Was a nice move on their part, and they did everything to help their previous and future investors with it which was a nice touch.

[Hendobox]

Finally the ICO has started, can't wait!

Started? ICO started few weeks back and softcap already reached and its going towards hardcap now.
I think you just visited this project and want to know more about this projects. Please visit below page to know more about this project
https://www.fortyseven.io/

I really like the way things are speeding up here. Hard cap is a go for this project from my end. Thanks for the share mate, I am sure it will mean a great deal for new members.

[Ace44]

GuardaWallet has natively supported FSBT token. Transfers, deposits, easy-to-use bank card purchase and exchange available for our token holders!

Really, never knew about that, i mean, i heard about the wallet but never knew about its implementation, i think Forty Seven Bank just gave other projects a run for their money, like light-years away, as this will be one of the safest ICO ever, having a hardware wallet is an extremely high bonus

As for me, I never knew about the existence of the wallet until they popped up on 47B radar. They must not have gotten much awareness in the crypto world. This is a good one for them though

Seriously, if one has not been hacked before, he/she will never know the importance of a hardware wallet, forty seven bank just stole my heart with this and i'm sure the community will agree with me that this is the first of its kind in the history of ICOs, correct me if i'm wrong

[Abah007]

47bank continues its rapid development. The team is working to attract influential investors. Innovative idea combined with a purposeful team guarantee the success of the project.

[gee777]

47bank continues its rapid development. The team is working to attract influential investors. Innovative idea combined with a purposeful team guarantee the success of the project.

The team can be described as the real business people who are passionate about delivering at all front and giving the community what they need... You can tell that 47bk are really serious about implementing their idea in the real world...

[Owillz]

Finally the ICO has started, can't wait!

Started? ICO started few weeks back and softcap already reached and its going towards hardcap now.
I think you just visited this project and want to know more about this projects. Please visit below page to know more about this project
https://www.fortyseven.io/

I really don't know where this fellow has been all these while or the planet he or was typing his message from  the user of "finally"  there gives an impression that he has been waiting for it for a while. And that comes as a surprise to me

[Nathan01]

Just a quick question (didn't read the whole whitepaper & thread, so sorry if already answered):
1) where do you plan to acquire banking license (UK)?
2) how do you plan to solve AML difficulties that come with the crypto world anonymity - traditional banks must have very complicated systems to control money flow, how do you plan to do this with crypto?

Because in order to become official bank we will have to get the license from Financial Conduct Authority (FCA) in the United Kingdom.

We are planning to develop Forty Seven Bank App Platform that will become heaven for fintech developers, as they will be able to create fintech applications and use umbrella services of the bank (KYC, AML, our customer base, etc.).

Yes, you're right. There are challenges, but we have already faced similar challenges in the past and were successful in dealing with them, so, we consider them as challenges, but not as difficulties.

This feedback is as apt as it is required, challenges arise to be surmounted, I like that the team is putting everything in place to ensure the success of the project in due time

[phantam]

Finally the ICO has started, can't wait!

Started? ICO started few weeks back and softcap already reached and its going towards hardcap now.
I think you just visited this project and want to know more about this projects. Please visit below page to know more about this project
https://www.fortyseven.io/

I really don't know where this fellow has been all these while or the planet he or was typing his message from  the user of "finally"  there gives an impression that he has been waiting for it for a while. And that comes as a surprise to me

LMFAO! I know right, but hey i welcome even the oblivious investors in the end everyone's welcome   But it really was an odd post. We're actually closing in on the end of the entire ICO very quickly. Glad to see even confused people finding their way to the ICO platform, it will take time but we're getting there the extension really confused some people i think is what we're running into

[cryptossi]

seeing the progress of ICO right now I believe Forty Seven will be able to reach hard cap, 22 days left and more than 50% token has been sold.

Yeap, they already reached softcap and already reduced hardcap. More than 55% FSBT then sold in hardcap.

As i already have said this, but Forty Seven bank did really well to extend it. Now more people are joining it as we can see on the live counter. I do hope that it is going to be listed above the ICO price though.

Me too, we are continuously seeing new projects unfortunately going below ICO price as soon as they are released, it's just the market we are in at the moment, it will pick up soon.

[faulerwilli]

seeing the progress of ICO right now I believe Forty Seven will be able to reach hard cap, 22 days left and more than 50% token has been sold.

Yeap, they already reached softcap and already reduced hardcap. More than 55% FSBT then sold in hardcap.

As i already have said this, but Forty Seven bank did really well to extend it. Now more people are joining it as we can see on the live counter. I do hope that it is going to be listed above the ICO price though.

I have to admit, I initially had my doubts that this was a good decision. Meanwhile, however, I was convinced of the meaningfulness, the step was the only correct. And reducing the available tokens was an even better idea. I am really happy about this as an investor

[Abah007]

At forty seven bank ICO is on-going at full speed with more than 3500 contributors and 2.700.000 tokens sold out.

[cryptossi]

At forty seven bank ICO is on-going at full speed with more than 3500 contributors and 2.700.000 tokens sold out.

Its very impressive that they have now amassed such a high level of investment from contributors, they have really sped up token sales recently and the ICO has been invigorated by the hard cap reduction and sale extension.

[nesh1]

An overview of the Forty Seven Bank project https://medium.com/@DigitalCabbage/forty-seven-bank-fsbt-ebb16c8eef8d they also posted this link in their telegram group join it to keep your self updated https://t.me/thefortyseven.