Knabu

Knabu

Created using Figma
Created using Figma
We are a Distributed Ledger Technology (DLT) company based in London. Our token platform is designed to enable credible token projects to launch with easy to use tools while incentivising good behaviour. We have also started our bank authorisation process to be a utility bank. It is designed to use DLT to support the cryptoeconomy. Our #1 goal is to enable more efficient trade and transactions. This paper describes how we plan to tackle some of today’s value transfer inefficiencies and incentivize good actors who drive credible token projects.
Pre- Ico
To be announced
Token Details
Ticker
KBU
Accepted Currencies
ETH, BTC
Company Details
Registered Country
United Kingdom
Additional Details
KYC
Yes
Categories
Platform

About Knabu

In short, we are a blockchain technology company that has started the authorisation process to be a utility bank in the UK.

We want to enable innovators and future thought leaders to focus more on the quality and strength of their proposition. We will help them do that in two ways.

First, actors in the crypto economy should not have to worry about getting a business bank account or the stress of it being closed at short notice due to unjustified ‘risk’. Having an operational commercial bank account in our opinion is a basic right that should not be denied to crypto companies because they are doing something new. At the same time, the bank model is outdated. We are engineering our utility bank to use blockchain technology and build upon decentralised mechanisms that can remove inefficiencies that exist today.

Second, we want to enable our economy by building a stake and reputation driven platform where credible token projects are incentivised. This DApp aims to reward and support good actors with community consensus and easy to use tools so that innovators can focus more on the quality and strength of their proposition.A utility bank is also known as a clearing bank. In the UK, clearing banks have settlement accounts with the Bank of England. The entire UK payment system settles across these Bank of England accounts. There are currently only seven clearing banks which are Barclays, HSBC, Lloyds Bank, NatWest, RBS, Ulster Bank and Clearbank.

In the last 250 years, there has only been one clearing bank to enter the UK market. We are looking to further break this monopoly and be the first blockchain technology company to be bring utility. We’ll do this as a B2B business, being being direct members of fiat payment schemes (eg Faster Payment and CHAPS). In addition to deposit taking and transaction processing of our own customers, we’ll facilitate the actual movement of money from one account to another between customers of other banks and payment service providers (PSPs).

Utility should be the order of the day in providing valuable services and helping the economy to grow. So we plan to introduce products and services which are blockchain aligned and which leverage the efficiencies of self clearing assets towards a universal settlement layer.

Knabu Roadmap

  • 2016

  • FCA Engagement on denial of bank accounts to blockchain companies
  • 2017

  • Regulatory Pre Token Distribution and Licensing Engagement: feedback on token distribution and licensing plans/FCA Payments license application/Development Infrastructure and Delivery Pipeline Built
  • 2018

  • UK Bank authorisation process started with initial regulatory feedback/ Pre sale starts/ Individual KYC Integration completed
  • 2019

  • TDD Launch/ Project Release Kit/ MVP Demo/ Bank Licence with restriction
  • Read More
  • 2020

  • Full Bank Licence/ B2B Clearing & Settlement

Activity

Activity:
56
LOW
Posts:
3
VERY LOW
Views:
153
VERY LOW
Posts:
526
VERY HIGH
Followers:
320
VERY LOW
Likes:
314
VERY LOW
Rating:
5
VERY HIGH
Followers:
6 592
HIGH
Tweets:
1 816
VERY HIGH
30 Days Growth:
-49
Members:
12
VERY LOW
30 Days Growth:
Alexa

Rank:
7 118 722
VERY LOW
Delta:
-11 286 993

Knabu Team

Verified 71%

Attention. There is a risk that unverified members are not actually members of the team

GABRIELLE PATRICK
CEO
verified
BARRY MACMAHON
CTO
verified
JANET AKALA
CFO
verified
DIANA MIHAYLOVA
Head of Sales and PR
verified
TOM NABIELEC
Head of Digital Marketing
unverified
DMITRIY TKALICH
Full-Stack Developer
unverified
Mykhailo Horbunov
Full-Stack Developer
verified

Advisors

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

IAN GRIGG
Advisor
unverified
ROD ASHLEY
Advisor
unverified

Knabu Interviews

GABRIELLE PATRICK
As a team member, сan you tell us about your role in the ICO project?
CEO, ultimately responsible for our technology build, regulatory status and path, operations, governance and management.
What do you think about idea?
We are tackling the non-trivial problem of banking (both denial to crypto companies and an outdated bank model) and the problem of lack of deployment tools and scams in an otherwise credible token marketplace.

We are looking to break the monopoly of access to clearing, with slow and inefficient payments using blockchain technology. We are a tech team with a regulatory path.
BARRY MACMAHON
As a team member, сan you tell us about your role in the ICO project?
Chief Technology Officer, responsible for technical direction, hiring, project management, system operations etc
What do you think about idea?
This project is tackling challenging but critical issues in the blockchain industry sector. Those being,
1. the denial of banking, led by clearing banks. Clearing banking is on of the main regulatory hurdles to overcome to connect the traditional financial world to the new cryptocurrency economy at high volumes.
2. The quality of outcomes for ICO project creators and participants
JANET AKALA
As a team member, сan you tell us about your role in the ICO project?
CFO with oversight of Finance & Accounting.

Member of the senior team helping to drive the business forward
What do you think about idea?
Knabu aims to provide services to help grow the crypto economy.

Traditional financial services models are out dated and stifles growth, especially in the blockchain and crypto space.

Its great to be part of a project that wants to help drive competition, equal access and parity to consumers.
DIANA MIHAYLOVA
As a team member, сan you tell us about your role in the ICO project?
Co-Founder of Knabu. Knabu is a distribueted ledger technology company which has started its banking authorisation process in the UK. I have experience in digital asset trading as well as in sales in various industries spanning from software, AI, Risk & Compliance.
What do you think about idea?
Bitcoin was created 10 years ago! The first DLT transaction was in 2009. Yet today, blockchain businesses struggle to get bank accounts...

What we are doing is ground- breaking and needed in the crypto- community!
Mykhailo Horbunov
As a team member, сan you tell us about your role in the ICO project?
I develop smart contracts and backend infrastructure, help with continuous deployment pipeline and internal service integration.
What do you think about idea?
I'm excited to work with the team, and I believe that we will see this one through. Barry, our CTO, has some really great and unique experience in the field, and he is really passionate about what we are making here. The product we are developing has a real and well-defined long-term goal and I hope to stay on KNABU team when it's realized.

Knabu Last News

N/A
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