ABLE - Crypto Finance
The Blockchain Technology has gained popularity due to the hype about cryptocurrencies which has shaken many startups to launch their own cryptocurrencies even without convincing fundamentals. This trend has emerged because new entrants have been agiler in adopting emerging technologies compared to incumbents who are hampered by legacy systems.
Moving to the today's topic... Currently, banks have a business model based on a loan-deposit spread in which the bank acts as an intermediary between depositors and borrowers, allowing them to receive deposits at low interest rates and lend money at high rates, benefiting of the difference. Therefore, the combination of unsustainably high interest rates and centralized services makes banks directly vulnerable to the moral hazard of administrators and central server hacking. The lack of integrated solutions in the cryptography market prevents users from experiencing various banking services.
For this reason, I want to present you ABLE Project, which has been proposed to provide an alternative to the conventional loan and deposit structure of banks, and to solve problems with the initial banking services of cryptocurrency.
So, ABLE https://www.able-project.io/en/index.php?lang=en) a platform that allows banking activities based on criptocurrency to be centered around the ABLE account, emanating from the fact that banking activities They are carried out mainly through bank accounts. Users propose interest rates on deposits and loans through a correspondence system, eliminating the differential of loan deposits through the direct connection of users to each other. The ABLE project supports decentralized exchanges and provides decentralized wealth management services in cryptocurrency through intelligent contracts. Ultimately, the project aims to evolve towards the ABLE ecosystem through its integration with external systems, including simple payments.
The main objective of ABLE is to establish a blockchain based platform for crypto finance and wealth management, by providing crypto finance solutions to meet both the supply-side and the demand-side.
Features Advantage Solve the problem of current banking services with spread margin and centralized financial services in criptocurrency It allows both depositors and borrowers to reach an agreement on the proposed interest rate without the need for an intermediary. Develops a pairing system that connects depositors and borrowers to provide reliable banking solutions and an investment platform in ABLE DEX Prevents the moral hazard of the administrator and server hacking by maintaining the user's investment in the decentralized system.
ICO price: 1 ABLE = 0.002 USD
Price in ICO: 1 ETH = 320,000 ABLE
Tokens for sale: 15,000,000,000
The project gives the opportunity to earn ABLE tokens performing some social media tasks and doing simple steps from the bounty program explained into the Bitcointalk Webpage. Here (https://bitcointalk.org/index.php?action=post;topic=4450204.0) you can access the link in order to see what are the conditions to become an early ABLE contributor and start acquiring tokens.
Doesn't that sound interesting? If you are interested in this airdrop or basically in the ICO, you can read their Whitepaper here (https://www.able-project.io/data/AB_whitePaper_Eng_180502.pdf). You can also stay tuned in their official Telegram group (https://t.me/ABLE_Project_EN). I hope you liked the post and soon I'll send you new ones.
Date Event 2018 Q1 Pre-Sale 2018 Q2 ICO 2018 Q3 Exchange Listing 2018 Q4 Deposit-Loan P2P engine 2019 Q1 Finance Platform Service 2019 Q2 ABLE Mainnet Development 2019 Q3 ABLE Finance Ecosystem 2019 Q4 ABLE Testnet Launch 2020 Finance Platform Service
Telegram username: @clauming
Ethereum address: 0xC6AB45541006D53D31E25b41c7d245c5Ad99BF71