[ANN] [ICO] MMRS - Money transfer and cash withdrawal on blockchain

[Bank4YOU_Group]

Which type of token is BFY? And which wallet do i need to keep tokens on it?

BFY Token Allocation is presented on the figure above:
ICO Token Sale Campaign - 80%,
Ecosystem Reserve - 10%, Marketing & Promotion - 6%, Advisory Board, Consultants and Partners - 4%.
Minimal amount of investment is USD $100.00
Payment Methods: BTC, ETH, GBP, USD, EUR
Jurisdiction: UK
Algorithm: Ethash / Token ERC20 / Asset
Total Supply: BFY 300,000,000

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[krupinkripto]

чeм oтличaeтcя вaшa кoнцeпция oт Epayments - плaтeжнaя cиcтeмa?
What is the difference between your concept and Epayments - payment system?

[Destined2bGreat]

Hello! I`ve read about microloan feature in this thread. Why do you need this feature?

[Bank4YOU_Group]

чeм oтличaeтcя вaшa кoнцeпция oт Epayments - плaтeжнaя cиcтeмa?
What is the difference between your concept and Epayments - payment system?

Hello! We provide remmitance system, not payment system or a wallet. Bank4YOU Group’s ‘Mobile Money Remittance System’ will set a new trend in international money transfers
and will contribute to the creation of fast, convenient, and secure money transfers worldwide. The mobile app will also enable financial inclusion for people who are in desperate need of easy access to
financial services in countries across Africa, Asia, and Latin America. It would also lead to new opportunities for businesses, financial institutions, and mobile network operators to use crypto currencies.
MMRS will provide fast, cheap, international remmitances.   Epayments is a wallet, payment system with regular bank transfers, which are not fast, not cheap and might not work in Africa, Asia, and Latin America and not for unbanked people.

[Bank4YOU_Group]

Hello! I`ve read about microloan feature in this thread. Why do you need this feature?

Intending to provide convenient and fast mechanism for providing consumer credit financing based on money transfer platform, we give customers an opportunity to arrange smartphone credit for friends and
family.

[elzyo8]

Hello! I`ve read about microloan feature in this thread. Why do you need this feature?

Intending to provide convenient and fast mechanism for providing consumer credit financing based on money transfer platform, we give customers an opportunity to arrange smartphone credit for friends and
family.

How will it be made? How are you goint to store personal data?

[Bank4YOU_Group]

Hello! I`ve read about microloan feature in this thread. Why do you need this feature?

Intending to provide convenient and fast mechanism for providing consumer credit financing based on money transfer platform, we give customers an opportunity to arrange smartphone credit for friends and
family.

How will it be made? How are you goint to store personal data?

To provide customers with accurate lending mechanism it is offered to transfer the mechanism of credit history on Blockchain. In order to avoid disclosure of private data no personal user’s information will be
stored in the Blockchain, just the biometric information protected by cryptographic means. The user will voluntarily provide it in order to receive lending assets or access transaction history connected with the
digital identity of the real person. The benefit of the system is knowing it is impossible to obtain any information on the transaction history of a specific person without possessing their biometric data, thus
protecting users against any malefactors. It is indeed very difficult to counterfeit biological identifiers.

[Dxlike]

To provide customers with accurate lending mechanism it is offered to transfer the mechanism of credit history on Blockchain. In order to avoid disclosure of private data no personal user’s information will be
stored in the Blockchain, just the biometric information protected by cryptographic means. The user will voluntarily provide it in order to receive lending assets or access transaction history connected with the
digital identity of the real person. The benefit of the system is knowing it is impossible to obtain any information on the transaction history of a specific person without possessing their biometric data, thus
protecting users against any malefactors. It is indeed very difficult to counterfeit biological identifiers.

Is it gonna be a smart-contract for loans? Or how will you store it in blockchain?

[Bank4YOU_Group]

To provide customers with accurate lending mechanism it is offered to transfer the mechanism of credit history on Blockchain. In order to avoid disclosure of private data no personal user’s information will be
stored in the Blockchain, just the biometric information protected by cryptographic means. The user will voluntarily provide it in order to receive lending assets or access transaction history connected with the
digital identity of the real person. The benefit of the system is knowing it is impossible to obtain any information on the transaction history of a specific person without possessing their biometric data, thus
protecting users against any malefactors. It is indeed very difficult to counterfeit biological identifiers.

Is it gonna be a smart-contract for loans? Or how will you store it in blockchain?

Yes, a smart contract.
An initiation of the smart contract in which the next information will be specified:
- Amount of loan
- Address of creditor
- Credit interest rates
- Series of loan charges
- Unique biometric indicator of borrower

The smart contract checks whether payments are made fully and in time to the creditor. If payments are made according to stipulated conditions, the borrower's credit score is automatically raised or in the opposite case it is reduced. In case the borrower attempts to apply for new credit, they would be refused. Provided biometric data allows to unambiguously identify the person’s credit history, the reverse procedure is impossible. Credit history cannot be associated with a person due to the realization of unique biometric identifier.

[yahman]

What this biometric identifier will be? Fingerprints?

[Bank4YOU_Group]

What this biometric identifier will be? Fingerprints?

The unique biometric identifier consists of a person’s scanned eye retina and scanned fingerprints. These indicators allow for quick and reliable identification of each person in the world. This feature does not
require provision of any passport data as it is subject to just minor mistakes.

[Jack.Doe333]

Do you give promo tokens? Can i get them?

[Bank4YOU_Group]

Do you give promo tokens? Can i get them?

Unfortunately no there will be only MMR tokens, which underpins its Blockchain
system for mobile money transfers inside the system. And the BFY tokens that are a crypto currency, which can be bought during the ICO campaign. The BFY token can be purchased on other exchange rates including cryptocurrency exchanges.

[mitterman]

Hello everybody! How are the funds collected during the ico are going to be distributed? What is going to happen with the unsold tokens? Thank you

[Bank4YOU_Group]

Hello everybody! How are the funds collected during the ico are going to be distributed? What is going to happen with the unsold tokens? Thank you

Hello! Thanks for the question!
 Tokens will be created according to collected finds. Funds distributin model: 65% towards development of digital infrastructure of mobile network operator’s consortium, which will provide functioning of the MMRS system, 15% Marketing and Promotion, 9% For the Development of a Loan Product Distribution Suite, 8% for IT development, 3% for Team members.

[MODIGO]

Have you ever been on the market before? When your company established?

[Bank4YOU_Group]

Have you ever been on the market before? When your company established?

Bank4you Group’s team is international; our team of representatives and advisers are all over the globe. Established in 2013 and headquartered in London, UK, in 2016 Bank4YOU transformed into Bank4YOU
Group, an international consortium of  fin-tech service companies operating within the electronic mobile payment services arena. FCA License No715451, issued by the UK's Financial Conduct Authority authorizes
Bank4YOU to provide credit. Bank4YOU customers no longer need to depend on bureaucratic procedures associated with traditional banking. Its service has been created to ensure time-efficiency, convenience and secure transactions. Bank4You already works with a number of blue-chip organizations, delivering state-of-the-art prepaid card programs that target different user groups. Its customers are able to choose their ideal product from a wide range of pre-paid card options including Bank4You Group’s Corporate card and Premium card, along with mobile banking services.

[Godhand212]

Hello. How can I participate? I want to pay with bank transfer

[Bank4YOU_Group]

Hello. How can I participate? I want to pay with bank transfer

Hello! Start with login to https://cabinet.bank4you.io/login .  Pick a type of payment, amount of tokens, on next page get KYC done and you`ll get invoice to your email. Then follow instructions.

[Godhand212]

Hello. How can I participate? I want to pay with bank transfer

Hello! Start with login to https://cabinet.bank4you.io/login .  Pick a type of payment, amount of tokens, on next page get KYC done and you`ll get invoice to your email. Then follow instructions.

Oh Thank you for quick response!