https://bitbankcoin.co
Table of Content :
o Annotation…………………………………………………………………..
o Disclaimer…………………………………………………………………....
o Modern financial markets………………………………………………......
o Smart contacts…………………………………………………………….…
o Why would the service architecture of the future use blockchain?
o Key Characteristics of the Project……………………………………….…
o Bitbankcoin Specification…………………………………………………..
o Road map………………………………………………………………..…..
o How to use Bitbankcoin after ICO?
o Supplier……………………………………………………………………..

https://bitbankcoin.co
1. Annotation
Project aims to realize first two ideas:
- Bitbankcoin is first of a kind blockchain product in Bank and the ERC20.
- The know-how of Bitbankcoin is the Proof-of-Asset Protocol, which is in essence a combination of
BaaS (Bank-as-a-Service) and Blockchain technologies. We take a client asset, primarily in the financial
markets, we tokenize it, then, without waiting for the portfolio to accumulate critical mass, we turn this
asset into money for the bank. This is made possible by pooling similar assets, for instance, from one
hundred banks and creating a marketplace; on the one side we have banks in need of liquidity, and on
the other – investors, needing predictable and transparent cash flows.

https://bitbankcoin.co
2 Disclaimer
You are reading White Paper.
- Neither Bitbankcoin, nor its suppliers and distributors
provide any guarantees regarding the Proof-of-Asset
Protocol software, aside from those mentioned in the
provided and additional Terms of Use. We take no
responsibility in regards to the contents of the protocol
software, its special functional capabilities, availability and
compliance with your requirements. All services are
provided “as is”.
- Local law of certain countries ensures guarantees such as vendibility, serviceability in certain fields,
investor protection and intellectual property rights protection. Aside from situations outlined in the legal
system, we exclude any and all implied warranties.
- After reading The Smart White Paper you may decide to take part in the development of new
decentralized technologies, using your knowledge, time and financial resources. Therefore by reading
this text, you assume the unconditional obligation that, in the event of being a citizen of USA, China,
Singapore, Russia or any other country, any lawsuit with any claimant, where your name is featured as
an involved party, we receive a guaranteed right to charge you as a private party for the full amount of
losses, including any fines or legal costs, including in the event of your using software (VPN, Class
Action, etc) to conceal your true country of residence.
- By beginning work with the protocol you confirm that you are a professional participant of the financial
market and a qualified investor based on the legislation of the country of your residence. You accept full
responsibility for your actions and are willing to accept subrogation claims from Bitbankcoin should the
regulator have any complaints about your work with the protocol and with Bitbankcoin. You accept the
liability limits of Bitbankcoin are within the range of funds received from you (the sum includes the
primary loan, all possible fines, surcharges and interests, as well as damages) and comply to the
established jurisdiction that regulates interactions according to protocol and jurisdiction clause.
- You must take all necessary professional advice, including in relation to tax and accounting treatment.
We hope the Bitbankcoin project will be highly successful. However, success is not guaranteed and
digital assets and platforms involve risk. You must assess the risks and your ability to bear them.

https://bitbankcoin.co
3. Modern financial markets
Bank-as-a-Service (BaaS) business model
- Bank-as-a-Service (BaaS) is a business model that makes it possible to build new financial products that
are integrated with multiple existing technological solutions across jurisdictions.
- On one side of these platforms are originators in various jurisdictions with various technologies, and on
the other are fintech-companies wishing to launch a new product or expand into a new market. Thanks
to the platform, they are able to do this quickly and efficiently, without the need to work out integration
with the legislation of every country and every new bank from scratch. Since the platform already
contains technological and legal integration, it can provide access to a new player more cheaply and
more quickly.
- The originator in the BaaS model is a storefront, essentially establishing access to the end client, be it a
bank, a fintech company, an internet platform, a stock exchange or an insurer. It is critical that when
building the BaaS business model, the originator of the platform maintains his client and access to the
client under his control, but at the same time he provides the client with the most up-to-date and
competitive products on the market by the best tech (fintech, IT) companies on the market. It’s an
excellent solution to preserve and monetize clients.

https://bitbankcoin.co
- How does an end client see it? Like a bank – he does not have to see the third party provider.
- There exist several levels of integration of participants of the BaaS model: from primitive analogue
integration, where an employee would have to re-enter data into a separate service, to fully automated
integration. The originator makes the choice of whichever model of work with an end client is most
beneficial to him, either where the end client is shown that the company he is interacting with provides
services by outside service providers, or where the end client sees the entire product line under the
originator’s brand.
- Some researchers call this conception “The Lego Bank” which owns no pieces but assembles the pieces
into different form factors. The constituent pieces are all the same. It is how you put the pieces together
that makes the difference. Like Lego, you can build the pieces into a Castle, a House or a
Winnebago. It’s all about how you click pieces together.
- As a result, the Bank-as-a-Service platform is a unified window, where corporate or retail clients can
choose and receive services that are being offered by various banks and tech companies in various
countries. This platform takes over technical and legal integration of various players on the financial
market.
4. Smart contacts:
- The aim of smart contracts is to provide more security than traditional ones and reduce the transaction
costs. Various types of clauses can be created as partially or fully self-executing, self-enforcing, or both.
- Implementing smart contracts in the nonprofit sector adds a layer of security for donors, allowing the
transfer of funds only if specific conditions are met.
- For example, a fundraising campaign may be deemed successful only if at least 50% of the funds needed
are raised: if the condition is not met, the smart contract will return the donations to the donor. Similarly,
a smart contract can keep the donation in an escrow account until independent validators confirm that
the charity has delivered the promised project.
- We believe that smart contracts are playing a central role in increasing the adoption of crypto donations.
Nonprofit organizations and other fundraising platforms (eg. crowdfunding) will be more incentivized to
accept Bitbankcoin as the preferred method to donate if, in addition to the public transparency provided
by Bitbankcoin, the donors will be sure that their donations are used only upon fulfilment of set
conditions and contingencies.

https://bitbankcoin.co
5. Why would the service architecture of the future use blockchain?
- In the existing infrastructure, a large application or product consists of a large number of modules which
are almost always developed by different teams, and, even if the teams work within the same bank, it
still requires a large number of cash flows between different participants in the system; a large amount
of agreements and inspections. It is expensive, time consuming and introduce operational risk making it
very likely to generate mistakes, including system errors.
- Blockchain helps automate the chain of transactions, increasing reliability, transaction transparency and
removing inefficiencies and bureaucratic hurdles. Blockchain mitigates the risk of human mistakes and
for many operations completely removes the need for human intervention. This will make your business
faster, lower your costs and increase the market’s trust in you.
- Finally, Blockchain Service Architecture will allow you to build, in the best way, a product line fitting
with the trend of personalization and to offer unique solutions to consumers exactly when they really
need it.
- Blockchain technologies are perfectly suited for this task, as they provide an infrastructure with an open
register of immutable operations. The first release of the Proof-of-Asset Protocol relies on the
established technology of open blockchains, most importantly Ethereum. Technologies for the creation
of private blockchains are currently on their way to becoming established and accepted by the industry.
Thus the first release focuses on the tokenization of open assets. In the future, the algorithm will be
adapted to private blockchains in line with their readiness for industrial application.
- We see the current issues with financial instruments from within; we see how many inefficiencies exist
between market participants. Our mission is to provide technologies that market participants will like,
that will improve upon the current market structure, and that will enable the same people – the same
market participants, to interact more efficiently and, above all, more profitably.

https://bitbankcoin.co
6. Key Characteristics of the Project
- Increasing income from a single user: a powerful, multilevel referral program whereby a user brought in
by a developer provides the developer an income (paid in Bitbankcoin tokens) from all payments and
achievements in any other game on the platform.
- The player also profits: An analogous referral system is built on a viral basis whereby players receive
income (paid in Bitbankcoin tokens) for bringing in friends, not just for their payments but also for the
activity on the platform (achievements, content creation, subsequent referrals, etc.).
- The Bitbankcoin utilizes the principle of affiliate marketing: a maximal income is obtained by players
and developers who are the first to bring in users to the platform. The system is oriented at more
effectively inviting and retaining users than any other in the video game sphere.
- Low entry threshold for the first check: dual currency options whereby all operations can be conducted
in fiat money and the platform's own Bitbankcoin tokens.
- Convenience of using tokens: tokens can be transferred to cryptocurrency accounts both manually and
automatically.
- Saving money on marketing: an internal system of advertising offers (based on Bitbankcoin tokens)
enables traffic to be exchanged with other developers, receiving and passing along only relevant users.
- The Bitbankcoin is a gamification service: a well-planned system of syndicates (Masternodes) enables
the platform's users to be organized into communities that become sources.
- of income (paid in Bitbankcoin tokens) for participants. It is one of the methods of controlling the
volatility of tokens.

https://bitbankcoin.co
7. Bitbankcoin Specification
Name BitBankCoin
Symbol BBC
Maximum Supply 10.000.000 BBC
Type ERC20
POW block reward 60 BBC
Block spacing 3 minutes
ICO coin 2.000.000 BBC
Time frame for ICO 2017/12/13  2017/12/29

https://bitbankcoin.co
8. Road map
9. How to use Bitbankcoin after ico?
After ICO ends, an internal trading floor will be opened so that you can buy and sell your ICO coin.
This is the time that you could earn a great profit, you could either hold your coins for lending and
staking or sell it to earn profit.

https://bitbankcoin.co
How to earn profit with Trading?
• Step 1: Register your account at Bitbankcoin.co
• Step 2: Deposit ETH and then you can buy BBC
• Step 3: Start trading with BBC then earn profit
BBC Exchange is always available to meet your trading demand, you can trade BBC on BBC Exchange or
other exchanges, especially with our partners.
How to earn profit with Lending?
• Step 1: Register your account at Bitbankcoin.co.
• Step 2: Deposit BTC, ETH then buy BBC or deposit BBC
• Step 3: You are lending with Bitbankcoin and earning profit every day, profit is up to 49% per
month.
Lending pack would guarantee your daily profit, the monthly profit can be up to 49% and the annual profit is
extremely significant, which would guarantee you a considerable increase in investment assets in the long run.
For most people, securing a profit up to 49% monthly is not easy at all. So Bitbankcoin Lending program is the
gateway to your financial success.

https://bitbankcoin.co
10. Supplier and Developers
- On the right side of the schematic presented in section 4.1 of the Smart White Paper we see the Supplier.
- The supplier is the owner of the tokenized product.
- Bitbankcoin engineers have conducted research of entities and characteristics of resources presently
used in various financial and internet ecosystems and have reached amazing results. We have discovered
that our initial perception that the resource required for deals being primarily financial is too limited.
- Our research and development on this matter shows that within the protocol’s ecosystem when creating
various types of Smart Assets there will be Smart Deals requiring various non-monetary resources.
- That is why we give the following definition of a Supplier End client - it’s an end client in possession of
financial or other resources wishing to use his resource in a chosen Smart Asset to create a Smart Deal
with a tokenized cash flow or other goods.

https://bitbankcoin.co
- There is a significant difference here from the similar structure of an originator, because in the situation
where a Supplier End Client enters the ecosystem without a Supplier Agent, he has no way of accessing
a Smart Asset deal directly, instead Bitbankcoin serves the role of a Supplier Agent in this case.
Frequently the Supplier will be represented by financial resources, and in order to allow them to enter
the Smart Asset Exchange, they will require, at the very least, a KYC procedure of the Supplier End
Client based on the requirements of the country in which the particular Product Instance functions.
- For some Smart Assets the Bitbankcoin team has developed special procedures for Supplier
Accreditation. This has to do with the complicated matter of varying acceptable risk levels for a resource
and not all end clients are able to evaluate it accordingly. One of our advisors regarded the development
of the Supplier Accreditation procedure as a potential limit to the technology’s potential. We are aware
that in order to create a global technology, the participants of said technology must not be limited, so the
Supplier Accreditation procedure is not a limit. Is it merely one of the smart contracts within the chain
of Supplier tokenization and, in the event where a resource is unable to pass Supplier Accreditation, this
merely means the Product Owner of this particular Smart Asset needs to determine the ensuing path of
the resource tokenized with the new parameters received. This includes determining special legal
conditions for it where necessary, if it is required by the country where the Product Instance of the
particular Smart Asset functions. This allows to bypass usage limitations for the Proof-of-Asset Protocol
stemming from the particularities of local legislation at a technological level - they are simply included
into the tokenization formulas of the corresponding Product Instance.
We believe that BITBANKCOIN will be the next generation of advanced solution for global money
transaction. Being successful with BBC from the very beginning (ICO time) requires very little
capital and allows you to experiment a lot. This is what I love about BBC the most. Actually, many
people would not be so excited when they come across the information about BBC elsewhere,
however, trust BBC and start your investment right now really deserves your try.