BABB is the World Bank for the microeconomy; a decentralised banking platform that leverages blockchain, AI, and biometrics technologies to offer anyone in the world access to a UK bank account for peer-to-peer financial services. There are 2 billion people in the world without a bank account, and it’s not viable for the traditional banking system to serve them. BABB is a new approach using new technology to crowdsource financial services and completely remove the need for banks as we know them.
Locus Chain is a state of the art blockchain protocol that can maintain stable transaction time even if the number of nodes and transactions increase using Account Wise Transaction Chain (AWTC). Through the use of AWTC, Locus Chain is able to provide high transaction speed for every user in the eco-system and the network.