AI BANK - Decentralized Bank with Artificial Intelligence

By Brainardpaul | brainerdpaul | 17 Jun 2019


The Financial Market

The financial market has experienced several ups and downs, ranging from stock market expansion to online industry metamorphosis, major economic meltdown and what-have-you not. In some years back, the world was shocked with the breakdown of the world’s economy. Enthusiasts were quick to blame the breakdown on major banking institutions while market participants were just left to face their fates and strive again. This first major breakdown of the world’s currency was attributed not to carelessness of the major banking institutions but on the failure of the system to embrace the digital age in keeping financial records and lack of transparency of record cataloguing.

The Blockchain

Blockchain technology with its transparency is the only way forward for fair and fair trade in the world of finance. Blockchain allows you to decentralize the exchange of digital data between participants using the following registration functions that record all transactions. The process is fully transparent throughout the transaction and is fully traceable, irreversible and unchanged. The network guarantees the authenticity and authenticity of each transaction, and fraudulent activity is quickly leveled.

The blockchain technology also revolutionized the entire financial and online market; giving a fair, automated and transparent financial experience without the hurdles of the hitherto centralized institutions. By the way, a blockchain can serve as "an open, distributed ledger that can record transactions between two parties resourcefully and in a verifiable and permanent way. With all this in mind, AI BANK has developed a revolutionary platform that will revolutionize the areas of banking and finance.


The AI Bank, is a decentralized bank with artificial intelligence. the team has created a completely decentralized global financial entity, the bank, aim to revolutionize the areas of banking and finance. It’s a completely new idea that many have called the next step in financial evolution, while others consider it to be a reflection of current norms and a culmination of recent technological trends and advancements. However, the general consensus appears to confirm that the idea of a decentralized bank that entirely operates with artificial intelligence is highly ambitious.

The idea for the AI Bank has been influenced by one Mohammad Yonus. Yonus, creator of the Grameen Bank, changed the way banks perceived loans and established the basis of microfinance. Although his ideas have helped many people, more evolution is needed to bring banking services to people that still cannot find their way to finance solutions. The only to do so, as per the AI Bank and many leading experts, is the complete decentralization of the banking process, something that allows the customers to initiate complete control and completely do away with human involvement. The results are not just efficient and entirely free of human errors, but they are also very fast. That’s just what the AI Bank is going for. AI Bank is based upon a completely non-profit ideology that aims to deliver the chance to avail microfinance opportunities to anyone around the world. The aim behind the bank’s services is to make use of the blockchain and offer microloans using the blockchain’s decentralizing features to bring microloan opportunities to those that need it, without any human participation whatsoever. The AI Bank understands that for the world of banking and microfinance to move forward, a completely uninterrupted and focused service needs to be introduced that gives control to the customer rather than organizations. That’s exactly what the blockchain offers, with artificial intelligence powering the transactions and loan procedures.

The AI Bank is a highly ambitious project that aims to not just revolutionize and change the financial world, but also bring about positive change for humanity as well. It’s a non-profit start-up that aims to empower people who could not normally avail financial opportunities, with microloan and banking services that are aimed to help them in their work, their lives, and also improve their living conditions. The AI Bank hopes to be the change that it feels the world needs right now not just to change, but also to improve. It’s an ambitious project that brings its weight with focus towards human needs and solutions that aim to satisfy them with exemplary service.


It doesn't matter during which jurisdiction the consumer is found.

All processes are fully automated.

A bank will settle for and issue cash in any currency of the globe and main cryptocurrencies.

Providing funds

Since the classification system are going to be supported AI, its use will be identical to banking conditions. At identical time, the risk of non-return will be reduced from the risk of 10% of MFIs to the risk of 2% of our product which will work

on artificial intelligence.


Traditional loans square measure issued in 1-2 applications for 2-3 documents.

Recent studies claim that AI will already assess individuals higher than individuals themselves do. Therefore, the verification of documents becomes a formality.It is way more necessary to guage what someone is


The loan market is growing and also the project will certainly be in demand and knowledge growth. This, in turn, can result in birthing the muse for growth and development in it as before long as potential. We are already laying the potential for growth and the possibility of scaling up a business. Since it'll be absolutely machine-driven, there'll be no extra prices for reconstruction the business model.

The Ecosystem

In order to solve many problems with the current microloan market, AI Bank offers its own

ecosystem that is not guided by commercial interests but is designed to provide a complete

alternative to global financial systems. AI Bank, like other blockchain systems, directly links

supply and demand without the need for intermediaries.


The internal system operates in accordance with certain rules, restrictions, and norms.

The external ecosystem is supported by such layers as:

Scalability. Income from the financial activities of the Bank will continuously increase its assets

in order to increase the number and value of loans in the future.

Autonomy. Resistance to external forcing through decentralization. Without departments, staff

and any attachments to the material world, the system will not interact with external influence.

With the help of dynamic web landings, filing an application will be possible from any device

and from any country.

Performance. Machines are faster and more accurate than humans. Due to coherent algorithms,

any decision in the AI Bank system is made in real time.

Transparency. On-chain transactions recorded in the public registry will take place in the system.

The data that is not a banking secret will be opened for viewing but saved using cryptography.

About The AIB Token

AIB Utility Token

USD 0.05 the price of one AIB token

Emission: 856,750,000 tokens

USD 250,000 private pre-sale of tokens, 5,000,000 tokens

Bonus with a private pre-sale of 35%.

USD 2,000,000 Soft Cap

USD 30,000,000 Hard Cap

Token Distribution

Public tokens (private sale, ICO) – 70% – 600,000,000 tokens

Economic reserve – 10% – 85,000,000 tokens

Advisory – 5% – 42,500,000 tokens

Bounty – 5% – 42,500,000 tokens

Partnership – 5% – 42,500,000 tokens

Marketing – 5% – 42,500,000 tokens


Token Sale Details

The crowdsale of the AIB token will be conducted in two stages: Private Sale and ICO.

Everyone is allowed to participate in both stages without any restriction, but there are significant

differences in the details. “Soft Cap” means the minimum amount required for the

implementation of the AI Bank project. “Hard Cap” is the maximum amount of an AIB token

that can be sold. The emission of the AIB token implies that participants who wish to support the development of AI Bank can do this by sending fiscal funds or cryptocurrency to the designated requisites.

By doing so, they buy AIB tokens at a price of USD 0.05 for one AIB token, which

are instantaneously sent under a smart contract to their ERC-20 purse. Soft Cap will be closed after raising USD 2,000,000. The bidding period of a token lasts 90 (ninety) days if the Hard Cap is not reached earlier. If the campaign for the token sale does not reach Soft Cap, then all funds will be automatically returned to investors.

After reaching Soft Cap, the Hard Cap stage begins, which has a goal of raising USD

30,000,000. When this figure is reached, the token sale will be closed automatically.

Unused tokens will be deleted after the end of the ICO.

Funds Distribution



















BountyOx Username: Brainerdpaul

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