oneBanking Whitepaper
  • 👋Welcome to oneBanking!
  • About us
    • 🚀Vision, Mission & Focus
      • Vision
      • Mission
      • Focus
    • 💖Values
  • Team
    • 👋Meet the Team!
  • Introduction
    • 📱Overview of the banking app
    • ⚡Objective and vision of the app
    • 🪙Importance of integrating crypto and fiat currencies
  • IBAN Account Features
    • 💱Setting up the IBAN account
    • Use of Multiple Currencies
    • 📲Making transfers and setting up standing orders
    • 💳Credit card functionality
    • 🔐Security measures and data protection
  • Crypto Integration
    • 💱The most important functions of cryptocurrencies
    • 💶Converting between crypto and fiat currencies
    • 📊The integration of an Exchange and Wallet
    • 💹The all-in-one exchange
  • Bonus Points and Rewards
    • 🎁Introduction to the Reward System
    • 🎯Bonus Points and Multipliers
    • ✖️Our Multipliers Explained
    • 👊Earning opportunities through an investment
    • 📳Earning opportunities through app activities
    • 📈Converting bonus points into tokens
  • AI Features
    • 🚗Introduction to AI-powered insurance services
    • 📊Personalized investment and saving recommendations through AI
    • 🎶Automation of transactions and standing orders
    • ⛑️Financial Coaching
    • 📶AI Trading Indicator
    • 🤖Expansion of AI capabilities
  • Token
    • 🪙Introduction to oneToken
      • Role of Tokens in the Ecosystem
    • ⚙️Token-Eigenschaften
      • Definition Utility Token
      • Technical Specifications
      • Total Amount and Their Significance
    • 🫴Token Distribution
    • ⏰Schedule and Phases of Distribution
    • 🔩Use Cases and Benefits
    • 🌐Token Economic Model
    • 🏴Roadmap and Future Prospects
  • Security and Privacy
    • 🔐Measures to ensure the security of user data and funds
    • 🏛️Compliance with regulatory requirements
  • Future Plans and Development
    • 🛫Roadmap for future features and services
    • 💭Involving the community in development
    • 🤝Partnerships and integrations with other financial service providers
  • FAQs
    • ⁉️Answers to frequently asked questions regarding the app's use, security, and handling of crypto
  • Conclusion
    • 📣Summary of key points
    • 💬Invitation to join the community
    • 📧Contact information and support
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  1. Security and Privacy

Measures to ensure the security of user data and funds

A very important point for ONE is the security of the customers' deposits. For legal reasons, it is neither permitted nor possible for us to access the customers' funds.

We work with regulated and licensed partners in every area to keep the security of your deposits as high as possible. The risk of the EMI in the background becoming illiquid is covered by the deposit insurance, just like any other financial institution that is allowed to offer IBAN accounts.

Store your cryptocurrencies in the safe (where you earn interest) with a partner who has many years of experience, has survived every storm so far, and even insures a portion of the deposits. Of course, there is a risk that one of our partners in the cryptocurrency field will become insolvent. However, we minimize this risk by relying on regulated and licensed partners. In doing so, we offer the highest possible security for our customers.

The funds stored in the cold wallet (secured with the hardware wallet) are solely under your control. If you lose access, you also lose your assets. Since we have no access to your wallet, we cannot recover any of your wallets. This is the principle of cryptocurrencies. By securing it with the hardware wallet (in the format of a credit card), it is ensured that you have access to your assets as long as you still possess one of the three cards.

The collected user data, transaction data, and any other data available to ONE are encrypted and stored on servers in Europe. The use of your data, for example for AI services, requires your explicit consent. In addition, all AI offerings are separated from your user data, therefore no assignment of your user data to the data evaluated by the AI is possible.

All points regarding data collection and data security are detailed extensively in our privacy policy.

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Last updated 1 year ago

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