Forty Seven Bank — Banking for a Digital Age, Bringing Fiat and Cryptocurrency Under One Roof

- Desember 19, 2017

Forty Seven is a unique project built to create a modern universal bank both for users of cryptocurrencies and adherents of the traditional monetary system; a bank that will be acknowledged by international financial organisations; a bank that will correspond to all the requirements of regulators.

Forty Seven is based on three principles :
- relevance,
- convenience, and
- security.

Our specialists use up-to-date technological developments such as blockchain, biometrics, smart contracts, machine learning and many others. If you are interested in the specific details of our establishment and creation of a hi-tech bank.

Forty Seven team is going to develop a PSD2 compliant system

with integrated blockchain, smart contract, API, biometric and machine learning technologies.Forty Seven will offer unique crypto products like bonds, futures and options. Forty Seven goal is to invent such market- place and take the leading position in both short and long-term perspectives. Companies will be able to attract finances via product invented by Forty Seven Bank – Cryptobonds. Cryptobonds will be traded on various exchange platforms (mainly at the one developed by Forty Seven Bank).

Forty Seven Vision

Forty seven believe that after PSD2 directive comes into force in the beginning of 2018, the future of EU financial sector will change significantly. Forty Seven Bank system will be developed in accordance to upcoming regulatory framework from the early stages – it will give Forty Seven Bank competitive advantage in terms of time and costs. This is a significantly beneficial aspect prior to the traditional banking which has to impose reorganisational procedures in order to meet new standards.

The big portion of financial sector market share will be shifted to financial technology start-ups that will be able to oer and provide unique products and services together with high-quality customer and technological support. We aregoing to take the leading position among these start-ups and become one ofthe pioneers in the changing financial world.

Mission of Forty Seven Bank

The mission of Forty Seven Bank and management team is to provide safe, innovative and user-friendly financial services and products to Forty Seven customers – individuals, businesses, developers, traders, financial and governmental institutions. Forty Seven Bank is a bridge capable of connecting two financial worlds and establishing efficient communication between them, a communication that will open up possibilities to level up the whole modern financial system.