The ABLE Project: The new era of cryptocurrency

The ABLE Project developers want to create future banks byblockchain technology. This blockchain based ecosystem will provide financial tools to gain a decentralized loan. The existing crypto banks still do not allow getting loans directly from the lender. This project serves as a medium for the lenders and the borrowers. The idea of the Able project is to remove the intermediate link from the blockchain and this will allow lenders and borrowers to agree on loan regarding terms and condition. The goal of the ABLE project is to apply blockchain technology for financial and wealth management and establish a reliable ABLE system or account.

The concept that this project will bring is that they try to replace the traditional banking system. As traditional financial institution are not more secure and are vulnerable to hacker’s attack then online bank. In another case, if banks go bankrupt, both depositors and borrowers will suffer. With the use of the decentralized model, the platform avoids the risk associated with this problem. All the process is done by using the intelligent smart contract to avoid fraudulent activity. 

Details about the ABLE ICO and Token:

This platform is designed to use two types of tokens, ABLE dollar, and ABLE coin. The ABLE coins are service free while the ABLE dollar will be used to pay interest. This project will solve the problem in the field of finance and most of the development team of this project is belong to Korea. 

Benefits of using ABLE Project:

The ABLE platform is designed in such a way that it will provide a decentralized platform for crypto currencies exchanges by using blockchain technology. There are several benefits of using this platform which is mention below:

ABLE Framework: The stable work ABLE platform is based on Ethereumblockchain that will allow personal processing data of users in the more secure way.

Smart Contracts: This contract helps to manage accounts for deposits, divisions, and loans and it also allows making profit sharing to be done fairly on this platform.

Mobile app: This platform makes it possible for both the lenders and borrowers to conduct their transactions online anywhere in the world. This application makes it is easy and manages complex transaction in a simple manner. This application is also being in installed on a personal computer.

All benefits which are discussed above will provide the great user experience. The ABLE platform brings various features and advantages to its users. Cryptocurrencies have so fastly burst into our lives and it is solutions for the millions user that are waiting for. This platform will allow participating both the lenders and borrower within a single ecosystem.

This approach of ABLE Project will make investing even safer and have a positive impact in the whole cryptocurrency world. In the future, this project will definitely create a standard in new transactions and make significant changes and development. The ultimate goal of the ABLE project is to take over the traditional banking system and provide a decentralized platform to exchange crypto currencies in more secure and reliable form.