BABB is building a decentralized bank. Anyone with a smartphone can open a UK bank account, and if you're fully verified yourself, you can actually on board your friends and family. These integrated digital identities allow for quick on boarding for anyone, especially those living in areas where access to banking may be harder to get.
This innovative and ambitious project also has its own token behind it, and that allows for much more freedom than what would be allowed with a normal banking system. Users will even be able to gain access to a payment card that is independent of systems used by Visa or Mastercard.
This blockchain project is targeting developing nations which may have a high percentage of citizens without access to a bank account, but with a growing number of mobile phone users, making their solution a perfect addition to these economies. If you're interested in making a BABB investment then read on for a full overview of their platform.
Investors looking to buy BABB can do so on a number of popular exchanges. Ethereum is the highest volume trading pair here, but Bitcoin is a close second if you'd prefer to utilize that coin. In either case, there's plenty of trading volume for both of them, and you'll have no troubles completing a trade here.
This is an ERC20 token, and that means that investors looking to store these assets safely will need a wallet compatible with them. There's a ton of great options here, but if you need a little help then you might consider Meta Mask or Coinomi, a multi-asset wallet for iPhone and Android devices. In any case, make sure to back up your wallet in case of loss, theft or destruction of your host device, as this will be the only way to reclaim your investment.