London, United Kingdom. April 20th, 2020.
When we launched our beta version of the Babb app back in 2020, we were extremely excited to be able to take our first steps towards our mission of bringing financial services to those who need them the most.
Amid the global pandemic, the fundraising feature of the app seemed to have come at the perfect time, and during the first months, we were able to help great causes such as Mary’s meals and CryptoAM’s fundraising project. Working from home was “the new way of doing business” and our team was working effortlessly to…
We’re closing our ICO portal, so if you are still holding BAX in the ICO portal, you’ll need to move or withdraw the BAX to avoid problems to access your tokens in the future.
We won’t support the ICO portal from the 2nd of July 2020, and requesting to transfer after this needs manual work which will cost you a £10 fee.
We’re setting out two options below for you to quickly and easily withdraw your BAX tokens from the portal — either to the BABB app or to an ERC-20 compatible wallet.
The BABB app is now available in…
‘Protect our NHS Heroes’ is a fundraising initiative to help provide Personal Protective Equipment (PPE) to NHS healthcare workers and ensure their safety on the frontline of the battle against Coronavirus (COVID-19). Unfortunately, current supplies of PPE are insufficient to adequately protect our doctors, nurses, healthcare assistants and other essential NHS staff caring for sick patients.
Donate here: https://getbabb.info/2ZccQSd
The scale of the challenge
A shortage of PPE supplies remains one of the biggest challenges facing the national response to the COVID-19 pandemic. It is estimated that between 7.5 and 12 million masks, gowns and aprons are required across…
London, United Kingdom. April 20th, 2020.
Despite the recent challenges brought about by the current global pandemic, today brings positive news that BABB:
Working remotely as a ‘quaranteam’, BABB has continued taking significant steps forward in the development of its platform while operating under lockdown conditions.
London, United Kingdom. March 31st, 2020.
CryptoAM.io and BABB [Bank Account Based Blockchain] have joined forces to help the vulnerable around Canary Wharf & the Isle of Dogs, East London. At time of publishing, the campaign has already raised funds to provide up to 500 meals for locals in need of support.
During a conversation with Sister Christing Frost MBE, a religious sister living and working in Poplar, CryptoAM’s Crypto Insider James Bowater discovered that many elderly people have fallen out of the care system and are going hungry.
London, United Kingdom. March 24th, 2020.
At BABB, we differentiate ourselves from traditional financial service institutions in many different ways. Some of which we talk about, others we haven’t had reason to, until now.
With COVID-19 having developed into a global pandemic, we have been able to prove our ability to adapt and overcome unique business challenges more dynamically than most traditional and non-traditional counterparts.
Our continuity plans and operational set-up have meant we, as a company, have not been significantly impacted. In fact, we’ve been able to advance the development and deployment of the BABB Platform, rather than delay.
Wednesday 12th February 2020 saw BABB take our first step from darkness into light and we had a party to celebrate.
We have embarked on a journey towards providing financial services for the 2bn+ un-and-underbanked across the world and are working towards becoming the world bank for the microeconomy.
This wasn’t a typical product launch — it was a statement of intent.
It was also an opportunity for us to showcase the good that the platform can do and the difference it can make in collaboration with our fundraising launch partners, Mary’s Meals, Vitae London, Raging Dragons, and independent fundraiser…
They told us that banks would ignore us. They told us that regulators would squash us. They told us there was too much mistrust in the [Blockchain and Crypto] technologies.
Founded in 2017, BABB (Bank Account Based Blockchain) set out to become the world’s first Blockchain Bank. The world wasn’t ready. But the tide is changing.
2019 has been a year of education, rebuilding and re-establishing. Our technology; our team; relationships; partnerships and perhaps, more importantly, rebuilding trust.
On 25th October 2019, the Financial Conduct Authority (FCA) announced that from 10th January 2020, businesses carrying on certain crypto asset activities…
BABB’s COO, Dr. Demetrios Zamboglou attended Web Summit in Lisbon, Portugal on the 4th of November 2019 to prove, or disprove, some of our future thinking on tech innovation and Blockchain banking.
Web Summit, which is the largest tech conference in the world with more than 70,000 attendees, 1,200+ speakers from 190 countries all ready to network and to do business on a global scale.
Web Summit brings together thousands of CEOs, investors and startup entrepreneurs every year, it’s a place where people meet up, explore partnerships, raise brand profiles, and start conversations that are going to shape the future…
A few weeks ago we decided to organise a mini beta test run, where our main objective was to allow a small group of our supporters to test the current beta version of the BABB App. We limited our invites only to those based in London as we just wanted to get the first impression of the App and at the same time, it would allow us to manage a more detailed one-to-one conversation.
The team had some insightful conversations with participants who wanted to find out more about the future of the BABB project. …