HubrisOne: Changing the Dynamics of the Financial Sector

chikky08 (46)in #blockchain • 6 years ago

While a lot of financial experts continue to predict a widespread adaptation of cryptocurrency, investors are not very keen on putting their money where the mouth of these supposed ‘experts’ are and for good reasons. There’s a lot of volatility in the market with cryptocurrency still struggling with a hemorrhage from last year. Yes, blockchain might be the next best thing after the Internet, but there’s a lot that will need to be done to establish this where it matters.
One of the challenges which have kept the crypto space spellbound is the lack of regulation. Like everything else, the absence of a check and balance will result in ruin in the shortest possible time. Digital kleptomaniacs are on the increase, and this makes some old fashioned regulatory institutions crucial to operations. Banking institutions would certainly fit the bill. But the divide between banks and the average crypto-enthusiast is gaping. Something has to give but what?

THE HUBRISONE APP

It’s not every day that you get to see apps connect different worlds – cryptocurrency and traditional banking. The HubrisOne app does this with astonishing ease. Investors can delve into the murky waters of cryptocurrency with the confident backing of strong financial institutions (banks).

The platform intends to make bank accounts in a much closer association with cryptocurrency than ever before. True, lots of cryptocurrency exchanges might be offering fiat incorporation but not with the convenience the HubrisOne app delivers. And that’s not all; you are treated to the highest level of transparency you can think of. It’s no longer a case of being hoodwinked into making a flawed investment. Manipulations are at the barest minimum. Investors can make well-researched decisions without any forced conviction to proceed regardless.

In the world of investment, foresight is crucial, and HubrisOne appears to have that in the bag. The project is aimed at bringing digital investment and the traditional financial institutions under one roof without sacrificing the comfort of the end user. With such an arrangement, issues such as the volatility of cryptocurrency prices are handled more briskly. Investing in digital currencies shouldn’t be about rummaging in the dark, and HubrisOne helps investors avoid plying that route.
Many people have trust issues with banks, and their reasons are not far-fetched.

From exorbitant transfer fees to poor customer service, the issues are relatively cogent. Why haven’t the banks made the necessary changes? Perhaps the statement “if it isn’t broke, don’t fix it” captures their nonchalance towards these problems. The HubrisOne platform offers a sort of palliative for users as you can easily transact, and even create a bank account in any of the three common fiat currencies (Euro, Dollar, and the British pound) without visiting a bank. Many of these services on HubrisOne are offered for free to users and this is great as many banks would often attach a fee for most of these.

CONCLUSION
With the desire to make cryptocurrency adoption a reality, HubrisOne intends to give those unfamiliar with cryptocurrency a feel of what it entails by putting the digital currencies within reach. This would definitely lead to a surge in the use of cryptocurrency in the nearest future.