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What is an iBBT® Open Banking™ Network

Our Mission

Core Mission

Blockchain and distributed ledgers have a bright future. As real-time, open-source and trusted platforms that securely transmit data and value, they can help banks not only reduce the cost of processing payments, but also create new products and services that can generate important new revenue streams.

The biggest key to turning blockchain’s potential into reality is a collaborative effort among iBBT® Open Banking members to create the network necessary to support global payments. iBBT® looks at the bigger picture and to work together with merchants—and with non-banks—to help define the backbone that can underpin a universally accepted consumer/merchant adaptable, ubiquitous global payment system that can transform how merchants and consumers execute transactions.

Key Factors to Adaptation

The iBBT® distributed network is a critical success factor in our blockchain adoption, but there are others. Another important one is generating internal momentum for blockchain consumer/merchant integration and implementation—something that is an area the existing banking and merchants currently struggle to do. iBBT's® offer of a unique security methodology is another an important reason consumers and merchants embrace iBBT® Open Banking™ blockchain technologies, and understandably so.

Beyond these factors is something more fundamental: The need to educate key stakeholders within the organization on blockchain’s enormous potential benefits and positive impacts. Finally, we agree with industry experts, that applying blockchain successfully to payments will require fostering an uncommon coordination among merchants—which is vital to generating the positive network effects that make blockchain so compelling and the iBBT Open Banking Network is ready to accept the challenge.

Merchant and emerging financial crypto networks can offer community currency based on iBBT's® blockchain technology. The advent of smart contracts and new efficiencies in distributed consensus mechanisms has the potential to prime equitable economic activity for a much larger segment of the global population without compromising privacy, transactional throughput or regulatory compliance. Embedding the right incentive structures in a blockchain marketplace could lead to the beginning of a new era of trust, digital-asset based smart economies and improved human cooperation.

We propose the iBBT® (“iBBT® Tokens”) as a multi-tiered utility and community currency token in a secure, open banking marketplace system to power digital economies. iBBT® natively supports an abundance of use cases including universal borderless payments for consumers and merchants.

The iBBT® system provides:

  • Users: strong privacy and security as part of a universal smart identity with KYC and AML compliance; using a single token to update and maintain identity. Website Link SmartIDentity
  • Merchants: improve operating margins and revenue, use token as a discount or reward tool to drive sales, create brand identity and reduce fraud. See. Fraud Prevention Standards DARSA
The company’s vision is to put trust back into banking by Building Tomorrow’s Bank; Today. Conflicting views on bank reform have been debated throughout financial history, especially after prolonged periods of crisis. Since the 2010 Dodd-Frank Wall Street Reform Act near-zero interest rates continue to prod institutional investors, market traders and international investment bankers to proceed with business as usual, employing high-risk investments and careless credit expansion similar to the period before 2008. Crypto and blockchain introduce added complexity, increasing systemic risk if unchecked, but also show potential applications in reforming global governance, intermediation in digital economies, and improving capital markets.
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Solutions

Problems & Opportunity

Business Plan

The iBlockchain Bank & Trust Technologies Co. ('the Company') Business Plan, will be provided as a separate full-length document at a later date, to be prepared by the Company once it has tested assumptions from use-case opportunities currently in development. The Business Plan will likely also contain untested assumptions due to the scope of the Company’s product roadmap and potential offerings, and will undoubtedly include forward looking statements. Each prospective investor should carefully review the limited Business Plan Summary provided herein and in association with this Memorandum before purchasing Shares. Management makes no representations as to the accuracy or achievability of the underlying assumptions and projected results contained herein.

Business Plan Summary

In the initial phase of its business plan, the Company seeks to develop use cases with sector and industry partners who license specified “Platform-as-a-Service” (“PaaS”) offerings and contribute development funds to initiate go-to-market campaigns. The strategy includes business development engagement with e-commerce merchants, medical cannabis companies, real estate, smart cities infrastructure providers and government sector digital transformation initiatives.

Problem & Opportunity

Cryptocurrencies and emerging crypto asset markets are on a collision course with Governments, policymakers and financial regulators concerning trust, compliance and governance. There is a lack of regulatory harmonization across jurisdiction, few of which have developed clear guidelines to date. Nevertheless, sensible solutions for blockchain technology can and are being applied to:

  • i.) fortify banking system integrity, reform and compliance;
  • ii.) reign-in unauthorized uses while supporting banking interoperability of crypto assets;
  • iii.) power the underlying future connected infrastructure(s) for value exchange and transition of e-money to digital sovereign fiat currency in:
        1. retail banking applications,
        2. cross-border payments and
        3. everyday merchant-consumer adoption.

iBBT - Colored Coins vs ERC20 Tokens - The future of Futures?

Vision and Platform Rationale

iBBT management believes we are the first, and one of the few blockchain technology companies in the market to offer a unified (i.e. interoperable) blockchain banking platform that facilitates a stable digital dollar transition, real-time clearing network featuring smart compliance and digital asset convergence with the conventional financial system.

In addition, we believe the potential onset of Central Bank Digital Currencies (CBDCs) plays to the timing and core value proposition our platform offers today. Many Central Bankers like to believe there is a 20 to 30 year horizon for digital fiat currencies as a foundation to a new financial system, but the market forces driving dematerialization, digital lifestyles and innovation uptake have shown that it is conceivable and indeed possible that the technology for a digital fiat currency will evolve outside the banking system and ultimately be adopted by banks once proven1.


1See November 12, 2019 interview with former CFTC Chairman: https://unchainedpodcast.com/christopher-giancarlo-on-the-craziness-of-becoming-crypto-dad/ Also see October 15, 2019 Wall Street Journal Article, By J. Christopher Giancarlo and Daniel Gorfine:We Sent a Man to the Moon. We Can Send the Dollar to Cyberspace Washington should edge out rivals with a regulated platform for trading greenbacks via blockchain. https://www.wsj.com/articles/we-sent-a-man-to-the-moon-we-can-send-the-dollar-to-cyberspace-11571179923
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Token

iBBT® Utility Tokens Purchases & Values

The first token sale (also known as an iBBT® Token) is held by iBlockchain Bank & Trust® on February 2020.


Disclaimer: This information or any information of the iBBT Utility Token, FCS or FCT does not constitute an offer to sell or a solicitation of an offer to buy an iBBT Security "Common Stock" or Convertible Fractional Token "CFT" to the Public or anyone who does not have a direct relationship with iBBT. Alternatively, the iBBT Tokens can be used as Rewards, Merchant Discounts, or Social Money within iBBT Network Society.
iBlockchain Bank & Trust®
  • Team
  • Bounty
  • Rewards
  • |
  • |
  • |
7% Tokens Distributed (≈681.82 Million)
1 ETH = 207792 iBBT®
Buy Token

Get your tokens for the best price: We fixed the Ether price at Market Value. The only Utility Token with a TOS conversion.

  • Public Release Active
  • Acceptable curreny GEO Credit, ETH
  • Public ITS starts: Now
  • Public ITS ends: On going
  • Minimal transaction Unrestricted
  • Tokens avail. 2,780,000,000 (27.8%)
Documents

Documents, Case Studies

From the early days of Bitcoin, our team had been watching developments in blockchain and launched a multi-coin crypto wallet (i.e. “UberPay.io”) to begin testing the evolution of a revised roadmap strategy from previous products like “SMS Pay”, but it wasn’t until the Ethereum platform—which expanded on the concept of smart contracts—was introduced that we started devising a proof of concept for turn-key, bottom-up distributed banking utilities.
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Whitepaper & RealBlock™ Case Study

This paper presents a type of versatile community currency, the iBBT Utility Token® (“The iBBT®”). The iBBT® is a unique ERC-20 contract to organize activity in a specialized exchange economy. It features key elements for merchant acceptance, dynamic liquidity aggregation and governance.

iBBT® enables access control to a stack of decentralized utilities in a crypto-banking system. This includes smart identity provision for privacy and compliance. The iBBT® also facilitates consumption of certain financial services; including, on-net conversion to digital asset purchases/swaps or secure custody in a corresponding Open Banking Marketplace.

A substantial global base of millions of small businesses, emerging digital merchants and start-ups seeking growth capital and hosted payment infrastructure are either hyper-intermediated by incumbent financial institutions, or grossly underserved due to a host of issues. Moreover, fewer than 5% of people in the world hold any investments in stocks, passive real estate income or other assets.
Roadmap

Project Timeline

The iBBT® Utility Token is integrated with multiple use cases and the SmartIDentity.io platform for KYC and AML for the Open Banking Marketplace.

November 2016
iBlockchain Bank
Platform Deployment
January 2017
OBM Technical & strategy
development
February 2018
Release Autonomous Distributed Corporation (DAC) Smart Contract
July 2019
iBBT Token Release Live Now
August 2019
Release of iBBT Tokenized Shares for iBlockchain Bank & Trust Live Now
August 2019
Bounty Release of
iBlockchain Bank & Trust
November 2019
SmartIDentity integration
Token Distribution

Utility Token Purchase Stats

In the initial phase of its business plan, the Company seeks to develop use cases with sector and industry partners who license specified “Platform-as-a-Service” (“PaaS”) offerings and contribute development funds to initiate go-to-market campaigns. The strategy includes business development engagement with e-commerce merchants, medical cannabis companies, real estate, smart cities infrastructure providers and government sector digital transformation initiatives.
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Details

This iBBT® Utility Token does not constitute an offer to sell or a solicitation of an offer to buy an iBBT Security "Common Stock"  or "CFT" to the Public or anyone who does not have a direct relationship with iBBT®. Alternatively, the iBBT® Tokens can be used as Rewards, Merchant Discounts,  or Social Money within iBBT® Network Society.

Token offerings (FCTs') on this Site are only suitable for accredited investors, qualified institutional buyers, other qualified purchasers, or unaccredited qualified clients. Privately offered securities are not publicly traded and are intended for members who do not have a need for a liquid investment.

Fractional convertible tokens (FCT) are not publicly traded and are intended for members who do not have a need for a liquid investment. Members must be able to afford to lose their entire investment.

¹The iBBT® value is calculated dynamically based on the value of ETH.


Symbol: iBBT

Initial Token Value : 1 ETH ≈ 207792¹ iBBT

Initial Token Value in $ : 1 iBBT ≈ $0.00077 USD

Type: ERC20

Token(s) Type: Utility, Social Money

Token Smart Contract : 0x691c25C461DaFC47792b6E4d674FBB637bca1C6F

Token Distribution

Fractional Convertible Token Purchase Stats

In the initial phase of its business plan, the Company seeks to develop use cases with sector and industry partners who license specified “Platform-as-a-Service” (“PaaS”) offerings and contribute development funds to initiate go-to-market campaigns. The strategy includes business development engagement with e-commerce merchants, medical cannabis companies, real estate, smart cities infrastructure providers and government sector digital transformation initiatives.
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Details

This iBBT® Utility Token does not constitute an offer to sell or a solicitation of an offer to buy an iBBT Security "Common Stock"  or "CFT" to the Public or anyone who does not have a direct relationship with iBBT®. Alternatively, the iBBT® Tokens can be used as Rewards, Merchant Discounts,  or Social Money within iBBT® Network Society.

Token offerings (FCTs') on this Site are only suitable for accredited investors, qualified institutional buyers, other qualified purchasers, or unaccredited qualified clients. Privately offered securities are not publicly traded and are intended for members who do not have a need for a liquid investment.

Fractional convertible tokens (FCT) are not publicly traded and are intended for members who do not have a need for a liquid investment. Members must be able to afford to lose their entire investment.

¹The iBBT® value is calculated dynamically based on the value of ETH.


Symbol: iBBTs

Type: ERC20

Digital Asset Type : iBBT Class E (restrictions apply)

Convertibility Type : Fractional Convertible Token (FCT)

Token(s) Type: Utility, Fractional Convertible EQ

Digital Asset (Common Stock): FCT/FCS Ratio: 1:1

FCT / Token Ratio: 1 FCT = 10,000 iBBT Tokens

Token / FCT Ratio : 1 iBBT Token = 0.0001 FCT

Convertibility Vesting Period : 6 Months

FCT Governance : Distributed Autonomous Corporation

FCT Smart Contract : 0xbba00cce718263f1a7ab92d723995722554552c0

FCT Available Supply : 1,000,000 FCT

FCT Value : $4.55

Team

Creative Team

Each and every one of our team members represent the spirit of our company: driven, committed, and acutely aware of how limitless iBBT’s® potential is to grow. We go to great lengths to identify self-starters with diverse experience and skill sets to produce not just an effective workforce, but a well-rounded, talented and complementary team.

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Antonios Valamontes
Managing Director
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John Karantonis
President
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Chrystoula Hararis
Data Protection Officer (DPO)
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Vasiliki Stigka
Lead Developer
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Edward Grant
Asia Business Development
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George Anastasopoulos
RealBlock Project Director
Advisors

Advisory Council

The iBBT® Advisory Council serves as a critical community champion of the iBlockchain Bank & Trust Technologies Organization. Members of the Advisory Council share their gifts in service to our mission by providing our organization with their professional expertise; their diverse knowledge of market perspectives; their connections to local, national or international resources, colleagues or peers; their professional and technical expertise support or other forms of needed assistance. The Advisory Council has no governing function within the organization.

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Sean T. O’Kelly
Fin-Tech Leadership
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Ninos Youkhana
Blockchain / IT Expert
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Georgia D. Schwartz
Fin-Tech Entrepreneur
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George Wang
Blockchain Entrepreneur
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FAQ

Frequently Asked Questions

These are some of the most common questions and answers about iBlockchain Bank & Trust Technologies Co., if you couldn't find your question in the list below, please click on the Contact selection here or on the top right of the menu bar and fill in the form to submit your question.
KYC laws were introduced in 2001 as part of the Patriot Act, which was passed after 9/11 to provide a variety of means to deter terrorist behavior.

The section of the Act that pertained specifically to financial transactions added requirements and enforcement policies to the Bank Secrecy Act of 1970 that had thus far regulated banks and other institutions. These changes had been in the works for years before 9/11, but the terrorist attacks finally provided the political momentum needed to enact them.

Thus, Title III of the Patriot Act requires that financial institutions deliver on two requirements to comply with the stricter KYC: the Customer Identification Program (CIP) and Customer Due Diligence (CDD).
Traditional Know Your Customer (KYC) and Anti-Money Laundering (AML) checks are costly and overexpose user’ sensitive data.

Compiling, tracking, and storing massive amounts of data to be parsed out and reported to regulators in a timely manner is a costly exercise. The exercise is often duplicated by all organizations in a chain of custody, increasing the attack surface of sensitive data.

SmartIDentity controls the process of digitally making the record of which data has been shared, when and with whom. The verified data then enters a P2P secure digital ledger, accessible only to different permissioned parties. Our iBBT Ledger services cryptographically enable a singular area of permissions to attested claims, ensuring privacy and security protocols. 
By first verifying customers’ identities and intentions and then understanding their customers’ transaction patterns, banks are able to more accurately pinpoint suspicious activities.

Money-laundering and terrorist financing often relies on anonymously opened accounts, and the increased emphasis on KYC regulation has led to increased reporting of suspicious transactions—though this doesn’t necessarily mean there’s more bad activity out there, just better detection of it.

In 2014, more than 1.7 million suspicious activity reports were filed with the Financial Crimes Enforcement Network, 35 percent more than in 2013.

Regulations are becoming stricter, meaning financial institutions have to spend more money to comply with them—or be subjected to steep fines. These fines are also dramatically increasing: $4.3 billion in fines were levied against financial institutions in 2013 and 2014, a sum that quadrupled the fines of the nine previous years combined.

As an example, JP Morgan and HSBC were recently each fined $2 million for a failure to report suspicious activity.
"Know Your Customer" or KYC is an important term used by businesses and refers to the process of verification of the identity of the customers and clients either before or during the start of doing business with them. Banks, digital payment companies or any kind of financial institutions are now required by the RBI norms to have their customers KYC process completed before allowing them complete access to all services.

KYC is done as a precaution against illegal activities like money laundering, bribery or corruption. It helps the government and businesses keep track of such activities or suspect them beforehand. Apart from being a legal requirement, completing the procedure will also help you gain access to many of the financial company's premium products and get transactions done faster.
We require several documents as 'Officially Valid Documents (OVDs) for the purpose of producing proof of identity. Even when you already submit the KYC documents once, we can ask again as we are required periodically to update KYC records. This is a part of our ongoing due diligence on customer accounts.

Here is a list of documents that can be submitted as proof of identity and address;
  • Passport
  • Driving Licence
  • Voters' Identity Card
Our vision is to put trust back into banking by building tomorrow’s bank today.

iBBT: A standards-driven convergence platform to transition the digital economy from legacy banking to fluid, secure and Distributed Smart Trust, Fully Compliant and Global Open Banking Services. Purpose-built for the age of cryptocurrencies and real-world digital assets. The market demand for crypto-assets and applied blockchain solutions continues to evolve. This is a long-term trend against the backdrop of accelerated technological advancement and digital transformation impacting every sector. We believe we are at the forefront of market-driven financial technology innovation and banking reformation that will power commercial uses, growth of digital economies and emerging classifications of real-world digital assets. The opportunity to access global market share and offer new services for personal banking, merchant capital formation and commercial uses within a reformed concept of distributed trust and governance is substantial (USD $800+ Billion subsets of $2.1T SMB and asset management markets ). Moreover, interest is growing among some governments in creating digital versions of their fiat currencies as a blockchain-based legal currency to run in parallel with their traditional fiat currency. Sometimes referred to as Sovereign Cryptocurrencies, these prospective new forms of legal tender could offer critical “at scale” commercial and regulatory benefits as economies continue to digitalize. iBBT's Decentralized Banking Technology (DBT) combines blockchain and other hybrid DL Technologies to build a more robust, safe and nascent method for personal and commercial banking.
a GEO Credit is a unit of account 1 GEO = EUR/USDα

USDα= (Sum Total of US dollar buying power per State)/50
DARSA™ is a neutral, not-for-profit, global organization that develops and maintains the most widely-used digital assets and registry standards system in the world. DARSA™ Standards improve the efficiency, safety, and visibility of digital assets placed across the Blockchain(s). DARSA’s™ aim is to engage with communities of trading partners, industry organizations, governments, and technology providers to understand and respond to their business needs through the adoption and implementation of global standards.
Social currency is a term that's now used in the context of social media, but also encompasses the broader idea of basic social interactions, both online and offline. Social currency refers to the value that people have built up in terms of their interactions and their potential for social influence or success.

The Social Currency Wheel* is an alternative to the traditional brand funnel or customer decision journey. The Social Currency Wheel evaluates the impact of social behaviors of customers on social currency and three outcomes: consideration, purchase, and loyalty. Social currency indeed has become a really important concept. More than 2.56 billion social media users exist today.


*Source: Wikipedia
Social Money is a term that's now used in the context of social media users, it encompasses the broader idea of basic community money interactions, both online and offline. Social Money refers to the exchange value that people use in terms of their Network Society interactions, etc. Twitter or Blockchain related Social Media Networks.
(also known as a 1031 Exchange Accommodator)

An independent person, company, or entity that enters into a written agreement with the exchanger to facilitate the transfer of proceeds from the buyer of the relinquished property to the exchanger and from the exchanger to the seller of the replacement property to effect a tax-deferred exchange under IRC Section 1031.
iBBT enables general access control to a stack of decentralized utilities, smart identity provision for regulatory auditing, and consumption of certain financial services; including, on-net conversion to digital asset purchases/swaps or secure custody in a corresponding Open Banking Marketplace (OBM).
iBBT Utility Tokens* can be transferable. Tokens used in the iBBT Network can be used as Social Money to pay for premium content or for other services. Tokens may also be used by iBBT network publishers for promotions or rewards.


*Disclaimer: This information or any information of the iBBT Utility Token1, FCS or FCT does not constitute an offer to sell or a solicitation of an offer to buy an iBBT Security "Common Stock" or Convertible Fractional Token "CFT" to the Public or anyone who does not have a direct relationship with iBBT. Alternatively, the iBBT Tokens can be used as Rewards, Merchant Discounts, or Social Money within iBBT Network Society.
The popular cryptocurrency and blockchain system known as Ethereum is based on the use of tokens, which can be bought, sold, or traded. In this case, "tokens" represent a diverse range of digital assets, such as vouchers, IOUs, or even real-world, tangible objects. In this way, tokens are essentially smart contracts that make use of the Ethereum blockchain.

One of the most significant tokens is called ERC-20, which has emerged as the technical standard used for all smart contracts on the Ethereum blockchain for token implementation.

One of the most significant tokens is known as ERC-20, which has emerged as the technical standard used for all smart contracts on the Ethereum blockchain for token implementation.

ERC-20 defines six different functions for the benefit of other tokens within the Ethereum system. These are generally basic functionality issues, including the method in which tokens are transferred and how users can access data regarding a particular token.
A Token Swap Fund (TSF), is an arrangement between concentrated shareholders of different companies that pools tokenized shares and allows an investor to exchange his or her large holding of a single stock for units in the entire pool's swap portfolio. Swap funds* provide investors with an easy way to diversify their holdings while deferring taxes from capital gains.

Note: A Swap Fund should not be confused with exchange-traded funds (ETFs), which are mutual fund-like securities that trade on stock exchanges.


Disclaimer: This information or any information of the iBBT Utility Token1, FCS or FCT does not constitute an offer to sell or a solicitation of an offer to buy an iBBT Security "Common Stock" or Convertible Fractional Token "CFT" to the Public or anyone who does not have a direct relationship with iBBT. Alternatively, the iBBT Tokens can be used as Rewards, Merchant Discounts, or Social Money within iBBT Network Society.

1Members must conduct their own investigation of the merits and risks of any current of future token offer opportunity, or tax advice.
iBlockchain Bank & Trust Technologies Co. is an American based Florida For-Profit Corporation.
Most state laws allow companies to do away with paper stock certificates. Paper certificates can be easily lost, stolen or destroyed. They are inefficient to hold, protect, and trade and they are expensive to issue and replace. Direct registration shares cannot be lost, stolen or destroyed so you avoid the significant cost and effort involved in replacing lost, stolen or destroyed certificates.
DRS is a form of stock ownership commonly referred to as "book entry." It is a safe and efficient way to keep track of your shares. Your shares remain registered in your name and are issued, transferred and sold electronically without using a paper stock certificate. DRS also allows for the transfer of shares between authorized issuers and broker dealers without the use of paper stock certificates.
iBlockchain Bank & Trust Technologies Co., has authorized 10,000,000 Common Stock in Digital PDF form. - our authorized capital stock will consist of 5 types of Common Stock. Class A common stock, Class B Redeemable common stock, Class C Non-Voting Ordinary stock, Class D Non-Cumulative Preference stock and Class E Fractional Convertible Stock.


Disclaimer: This information or any information of the iBBT Utility Token, FCS or FCT does not constitute an offer to sell or a solicitation of an offer to buy an iBBT Security "Common Stock" or Convertible Fractional Token "CFT" to the Public or anyone who does not have a direct relationship with iBBT. Alternatively, the iBBT Tokens can be used as Rewards, Merchant Discounts, or Social Money within iBBT Network Society.
A Fractional Convertible Token or ('FCT'), is the natural progression of a paper common stock (share) that has been converted into a digital share in the form of a pdf and a ERC20 digital token respectively. All three assets have a 1:1 direct relationship and a continuity in the chain of custody of the asset issued by an organization. The FCT is issued under the guidelines and restrictions of a Distributed Autonomous Corporation (DAC) according to its Corporate Governance


Disclaimer: This information or any information of the iBBT Utility Token, FCS or FCT does not constitute an offer to sell or a solicitation of an offer to buy an iBBT Security "Common Stock" or Convertible Fractional Token "CFT" to the Public or anyone who does not have a direct relationship with iBBT. Alternatively, the iBBT Tokens can be used as Rewards, Merchant Discounts, or Social Money within iBBT Network Society.
Yes, you can convert your iBBT Tokens held in ERC20 Blockchain form into book entry Fractional Convertible Tokens. The conversion ratio is 1 FCT1 : 10000 iBBT Tokens


1(Some restrictions apply, KYC/AML Required)
A Fractional Convertible Share or ('FCS') is a classification given to a common stock under a corporate governance. It still maintains all the regulatory requirements give to a security under the Securities and Exchange and US State Law. The renaming nomenclature expands the direct relationship of a common stock issued in a digital pdf form and the natural evolution of the same digital asset to take a new digital representation in the form of Blockchain ERC20 Token. Both the FCS and the FCT have a 1:1 parity and a continuation of the chain of custody respectively.


Disclaimer: This information or any information of the iBBT Utility Token, FCS or FCT does not constitute an offer to sell or a solicitation of an offer to buy an iBBT Security "Common Stock" or Convertible Fractional Token "CFT" to the Public or anyone who does not have a direct relationship with iBBT. Alternatively, the iBBT Tokens can be used as Rewards, Merchant Discounts, or Social Money within iBBT Network Society.
A DAC-Token is a governed ERC-20 smart contract that can represent ownership of securities. It is compatible with all existing wallets and exchanges that support the ERC-20 token standard, but it overrides the existing ERC-20 transfer method to check with an on-chain Corporate Governance Service for trade approval.
An accredited investor, in the context of a natural person, includes anyone who: a) earned income that exceeded $200,000 (or $300,000 together with a spouse) in each of the prior two years, and reasonably expects the same for the current year, OR b) has a net worth over $1 million, either alone or together with a spouse (excluding the value of the person’s primary residence).Click here for information, or details on Accredited Entities.
Restricted securities are securities acquired in an unregistered, private sale from the issuing company or from an affiliate of the issuer. They typically bear a "restrictive" legend clearly stating that you may not resell them in the public marketplace unless the sale is exempt from the SEC's registration requirements.

Rule 144 allows holders of restricted or control securities to sell those securities in the open market provided certain conditions are met by the seller, the broker and the company. Restricted Securities. In general, restricted securities are acquired in a nonpublic transaction (private placement).



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News

Recent News Posts

The iBBT Blockchain blog hosts news, interviews, conversations, stories, and opinions from the blockchain community, inside and outside of iBBT. Experts discuss how blockchain banking technology is changing the world and impacting business networks, transaction workflows, distributed ledgers that are replicated and permissioned, and a lot more.


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Colored Coins vs ERC20 Tokens – The future of Futures?

Contact

Contact iBlockchain Bank & Trust®

  • 1217 N. Ft Harrison Ave, Clearwater, FL
  • info(at)ibbt.io
  • Join us on Telegram
  • +1 (650) 337-0002

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