BABB is the decentralized bank for the microeconomy, providing individuals and businesses with a UK bank account, powered by blockchain technology. Also, the account is managed via a smartphone app and provides access to a decentralized payment card.
In addition, partnerships with central banks allow for the integration and issuance of other digital currencies around the world, further stimulating local micro-economies and expanding the reach of the BABB solution and its underlying BAX token. BABB is already an FCA Authorized Payment Institution (API) and owns a banking license.
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