I have read whitepaper and there were two tokens mentioned - BFY and MRS, not sure if they are related and how? We buy BFY during the ICo, is that correct?
Yes that is correct . BFY token is Crowdfunfing instrument made on Ethereum blockchain MMR token is designed to be a stable inner currency. All the operations inside the system Bank4YOU use MMR, which is not influenced by the volatility.
Thank you. Okay, got it, all BFY will be exchanges to MMR later.
And then shall we use MMR for the app you developed?
The token, called Mobile Money Remittance or MMR, payment capability enables payment with fiat money
stored on Bank 4YOU Groups account at mobile network operators with deposits (see Fig.7) mainly in US
dollars. The MMR token is issued once fiat money is placed and can be freely converted into several means
of payment in various countries: fiat currencies, mobile money, airtime minutes depending user needs and
local market specifics.