ABLE; WHEN FINANCE MEETS BLOCKCHAIN TECHNOLOGY

in #able6 years ago (edited)

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Currently looking at the global finance sector, it will seem like all is currently okay and fine due to its noticeable growth improvement over the years, the finance sector has amazingly recorded growth in market size over the years. But since the invention of blockchain technology, it has been noticed that the sector has not only grown larger at an increased rate, but it has also added some long awaited solutions that the sector has been longing for in order to eradicate the problems plaguing it, as such hampering it's expected growth by parties involved. And as we have it, most blockchain built platforms that has come with the aim of full transparency operation have not really provided the transparency they promised to users, another issue is the one of traditional bank lending-deposit spreads. These are some problems plaguing the the system that able project has come with the solution.

ABLE PROJECT OVERVIEW
The ABLE PROJECT is one setup to provide an other options to banks' conventional lending-deposit spread structure, with the objective of offering long lasting solutions to the problems of transparency, security and the rest plaguing the system, and the project is aiming to to that through the initial banking services of blockchain. By the introduction of blockchain technology into the system's financial and wealth management features, the platform will actually eradicate some issues.ABLE will also link demand and supply directly through an account on a peer-to-peer(P2P)basis, and conjointly establish a reliable trustworthy system for the benefits of all parties involved.

ECOSYSTEM OVERVIEW
The ABLE Decentralized Exchange (DEX), ABLE financial product and the ABLE micropayment/third party are the 3 features that the platform is made up of. The platform brings in Decentralized Exchange (DEX) to store smart contract based on different and diverse cryptocurrencies. An ecosystem in which different types and forms of product developers have in them the opportunity to create financial products is being established through the distribution of framework offering production of wealth management and finance smart contracts on DEX.

For more info, kindly visit;
Website: https://www.able-project.io/
Whitepaper: https://www.able-project.io/data/AB_whitePaper_Eng_180502.pdf
Telegram: https://t.me/ABLE_Project_EN
Ann_thread: https://bitcointalk.org/index.php?topic=3159298.msg32659058#msg32659058

Author: teepheh
Bitcointalk profile; https://bitcointalk.org/index.php?action=profile;u=2142272

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