The early man was a hunter-gatherer and never felt the need to store value for future use. Whatever he/she needed was acquired and utilized as and when needed. With the advent of agriculture and human settlements, the need to store value for future use started to come in vogue. Distanced from their hunter-gatherer ancestors, the agriculturists and the pastoralists became dependant on the vagaries of nature. They now harvested crops whose productivity depended on weather and climactic conditions.
Thus, men and women now needed to store value saved from the present to ensure their survivability in the future. Soon, this store of value took the shape of currency, and later, fiat currency for easy exchange and fungibility. The fear of theft and the allure of interest income led to the development of the first banks. These banks were owned and run by guilds which took deposits from those who had more and gave out loans to those who had less.
Since bankers knew that all the depositors will not come to withdraw all their deposits, at the same time, they kept 10% of the deposits in the lockers and lent out the remaining 90% of the deposits as loans. The bankers charged an interest on loans and gave an interest to the depositors. The difference between the two interests was what the bank.
Bitbose completely understand the insecurities related to financial investments in the current market scenario. Heavy transaction fees, third party interference, low interest rates, poor liquidity and over dominance by banks & other financial institutions, are to name a few. The current market scenario is prone to fluctuations and hence, unpredictable.
- Our Mission - BitBose Platform mission is to create the decentralized complete bank solution which will not just disrupt normal banking structure but also provide several investment opportunities based upon blockchain technologies.
- BoseToken - BOSE Token is a utility token & the mother currency of BitBose Platform based upon ERC20 using ethereum blockchain means fastest & peer to peer transparent transaction with very low fees.
- Investment Banking Solutions - Platform offers a unique investment banking solutions such as Portfolio Funds, Crypto Loans, Mining Rewards Program.
- Hybrid Intelligent Trading Exchange & Payment Solutions - Our Unique Investments Solutions are designed to maintain enough liquidity organically by exchanging multiple fiat & crypto currencies which give birth to a modern Hybrid Intelligent Trading Exchange & Payment Solutions at a glance.
- Backed By Solid Team - Our Team consists of world class developers, traders, financial advisors & blockchain experts.
- A Complete Complaint Solution - Fully Compliant with all Regulations, Complilance, KYC & AML.
When a contributor buys BOSE tokens, he/she automatically becom members of the BitBose bank. A key feature of banks is the ability todisburse loans to eligible candidates. In a regular bank, a human loan officer performs the assessment of the person who wants a loan and sanctions an amount as per the assessment. This method is arbitrary and prone to errors.
BitBose uses AI that constantly learns by machine learning as the loan officer. It verifies the eligibility of the person desirous of getting a loan. Based on the eligibility, the person who wants a loan will be assigned a credibility rating and the maximum amount that he/she can avail as a loan. The AI ensures that only the most credible people receive loans. As a guarantee, the person who took a loan must submit a piece of his/her property as a collateral.
The BitBose exchange allows holders of BOSE tokens to access the market prices of several exchanges from a single platform, within the same interface. Buyers can access the price at which sellers of the desired cryptocurrencies are willing to sell on various exchanges. This will help the buyer choose the best price. Conversely, the seller can access multiple exchanges before selling and thus, gets the best price as well.
The interface will remain the same for the contributor at the front-end as all integrations with the different exchanges have been done on the backend. This means that the best bids and the best asks that are visible to the trader do not belong to any one exchange but are sourced from several exchanges simultaneously.
BitBose's Crypto Loans program offers users to be able to funds denominated in crypto/fiat by depositing their crypto assets to our secured platform for as a guarantee of good faith.
- Easy Borrow & Lending Application, Instant Approvals & no Credit Checks. Get Cash directly credited to your bank account.
- Competitive Interest rate with no advance payment. Maintain you Reputation & enjoy financial freedom.
- No capital block as you can withdraw your assets anytime.
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