Review on BABB by Robiul Islam
The World Bank For The Micro-Economy.
Its idea of using blockchain to connect the mainstream, which is a parallel, more equalized banking system, is somewhat far-fetched and very interesting. However, it’s also very difficult to put in practice.
The system is complex, and it needs a lot of people to make it effectively - otherwise users will have no retailer to accept a card or lend them the money they need.
There are possibilities, but we'll have to wait and see if it'll work.
Pros
- Introducing a centralized system to a decentralized way of spending.
- Regular banking uses UK bank accounts as a way to connect to a decentralized banking platform. This is a wonderful way of social integration and introduction to cryptocurrency.
- Black cards offer users an easy way to spend quickly and easily anywhere in the world.
- The website is very well presented and easy to navigate. Each of the team members has their own page with history.
- Coin supply is very suitable for the application.
- People from all around the world would be able to connect directly to one another.
Cons
- The more detailed roadmap is great for new investors.
- It is still a very new project so i think it will take more time to show something interesting.
- You can only get cash directly from another user in exchange for a digital transaction.
