Psd2, chainlink, and FortySeven bank

Autistic linktards! Your skills are needed. Check out fortyseven.io, AFAIK this is the very first instance of a blockchain fintech start up looking to implement smart contracts on top of psd2. Their white paper has pages talking about API and smart contracts.

I cannot find out whether their smart contracts would require off-chain data (although I presume so), nor what oracle they would use if so.

The other thing that struck my interest here was that their roadmap says they aim to be “integrated” with the SWIFT messaging system by Q3 2018 (pic related). Sound familiar?

I may be grasping at straws here, but if this really is an application of ChainLink then those of us who’ve been speculating about psd2 dApp use cases will be vindicated. I already messaged them on their chat box but didn’t get a reply so now I turn to weaponised autism. Well, Jow Forums?

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ALSO! They have some shit about implementing stablecoins in their WP. This is also a potential LINK use case, really makes you think.

Good find, user. You autistic af, why you need link marines to help?

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hmm looks good but no time to research anyone can check?

Not autistic enough to find a definitive answer

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Why is 47 here?

Nah doesn‘t look chainlink related.
>no familiar names anywhere
>does not go into detail about their smart contracts

Let me give you a hint.

Anything with "bonuses" in the ICO, submissions to become a project advisor, website in 15 different languages at launch, using every single buzz word in the book, and claiming to partner with Microsoft Azure (among many other red flags) is a scam.

No doubt they'll probably tell you (the community managers chat bubble pops up as soon as you go on the website) they're working with chainlink because that carries some clout. Don't read anything into this.

I wish this board had flag id’s it would be easier to spot the shilling

just looking critically through all the information i can gather in order to accomplish my mission.

this whole project is not trust evoking and i am not pleased by the fact that they're using my name

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Jow Forums is returning as BTC starts going back up.
Makes me almost wish the bear market will last forever

Yeah I can tell. It’s good and bad. More people to dump on

>does not go into detail about their smart contracts
This makes it unclear

Whether or not it’s a shitcoin makes no difference to the question in the OP.

This is not shilling. This is a question

>if this really is an application of ChainLink then those of us who’ve been speculating about psd2 dApp use cases will be vindicated.

If it's a shitcoin scam then chainlink will not be vindicated and there will continue to not be a use that anyone can point to of chainlink being used with regards to PDS2. Just because they say so (and I assure you they will, as they will with likely any other semi-relevant project) doesn't mean it's real.

lol what a shitty name.

I like grasping at straws and I'm sure there's a partner of a partner of a partner but this whole thing looks pretty unrelated honestly. If it's no chink scam they seem to be focusing on contracts on Ethereum but I think Chainlink's role if it works will be more a multibridge thing. So they could potentially expand outside Ethereum and use chainlink for those smart contracts or just settle things inside Ethereum.

Chainlink connects smart contracts to payments and off chain data. An oracle would be necessary for triggering payments via smart contract via a banking dApp so it makes sense in theory that it might be LINK. Add to that the SWIFT compliance which could be taken to mean that’s when they’ll start using LINK. So it doesn’t look unrelated at all. Regardless of whether it’s a scam or a shitcoin.

The way they want to use OAuth 2 for authorization makes me think they're going for something else, the Town Crier model provides the key and the secret ot the token but they seem to do to want that themselves. If they're working together they may also want to keep it hush hush, but not completely disproving can't be the proof. Also these niggas be creepy.

> In order to integrate biometric methods of customer identification, the bank will develop and provide biometric SDK (software development kit) for major mobile operating systems – Android and iOS. This piece of software should provide all required tools to make fast, easy and secure integration of biometric identification into any application.

This seems like a well done scam ICO.

I looked through the white paper, it's just glossy leaflet of razzle dazzle with no substance. The token is an erc20 shitcoin that does nothing but give you voting rights and access to their worthless API. They have no revenue streams, they say they will be partnered to SWIFT etc. ICO is only for 10m.

Too many red flags. Maybe it's good flip because there's 10k people on telegram but I don't trust them becoming a thing.

Good posts. Thanks

>ot the token but they seem to do to want that themselves
*or the token but they seem to want to do that themselves.
fug OK saging.