ABLE Project - The New Era of Crypto Finance

sadum87 (0)(1)in #bitcoin • 6 years ago

Hello friends, ABLE Bounty Program, Live!

More information Click here: https://bitcointalk.org/index.php?Topic=4450204.0

Participate in your ABLE tokens and claim claims!
More participants, MORE NUMBER OF BUDGETS !!
Spread the word about our gift to get more MORE tokens!

What is ABLE?

The ABLE project will create a solution to problems with traditional bank lending deposit spreads, and nontransparent and centralized cryptocurrency financial services, basing the solution on the transparency and reliability of a blockchain system.

The ABLE project is the cryptocurrency-specific financial solution that provides cryptocurrency financial products through person-to-person loanmatching systems and decentralized exchanges.

The ABLE project will create a platform that enables cryptocurrencybased financial activities to center around the ABLE account, emanating from the fact that banking activities are carried out primarily through bank accounts. Users propose loan interest rates through a matching system, eliminating the lending-deposit spread by directly connecting users on a peer-to-peer basis.

The ABLE project supports decentralized exchanges and provides decentralized cryptocurrency wealth management services through smart contracts. Ultimately the project aims to evolve into the ABLE Ecosystem through its integration with external systems, including simple payments.

More on Able, Watch the following video:

The development of ABLE system goes through three stages. At the first stage, we first develop ABLE account, investing-lending matching, and convenient cryptocurrency address services through solidity-based ABLE smart contract technology on the Ethereum blockchain and then provide ABLE service through the ABLE web page. At the second stage, we develop ABLE DEX and design various ABLE financial products that interact with ABLE smart contracts and provide them to users through the web page. At the final stage, we create a dedicated blockchain main network for ABLE that allows us to provide credit services and personalized financial products by gathering and analyzing user patterns of using financial products.

The ABLE system has the following architecture: it is made up of infrastructure layers, ABLE framework layers, and application layers, and members have limited access to the respective layers depending on their access level.

INFRASTRUCTURE

The layer consists of blockchain systems for managing shared log and executing smart contracts. In the initial stages of the ABLE project, Ethereum blockchain will be used and then replaced by dedicated ABLE blockchain. In the infrastructure layer, ABLE accounts, investing-lending matching engines, the DEX, and cryptocurrency gateways are designed, forming the foundation of the ABLE system. Access to the infrastructure layer is limited to the ABLE system, but the layer is maintained and repaired at the request of users.

ABLE FRAMEWORK

The framework provides cryptocurrency gateways and the DEX to allow for exchange of cryptocurrencies between different blockchain systems and offers finance solutions for investinglending matching engines and ABLE products. Smart contracts of ABLE financial products are designed based on their characteristics. Access to the framework layer is limited to the ABLE system which validates and distributes such financial products.

ABLE APPLICATION

The application introduces how to transfer money, create an account and use products designed based on smart contracts and delivers user requests to the framework. Using account smart contracts, users can create their own ABLE account, transfer money, and use financial products through distributed product smart contracts. The application layer provides web sites and smartphone apps for users to easily use the ABLE system. Access to the application layer is also given to users, and they can access the ABLE finance and financial products through the web and applications.

Roadmap

2018