ABLE PROJECT: FACILITATING A NEW PARADIGM TO CRYPTO FINANCE AND WEALTH MANAGEMENT

in #blockchain6 years ago

INTRO:
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With an aim of creating a solution to the intolerable issues evident in conventional bank lending, and deposit spread structure, Able Project becomes the next ultimate platform. The Able Project will provide a podium that allows for cryptocurrency formed financial ventures to focus on the Able account.
Unlike the banking enterprise which is accomplished mainly via bank accounts with banks being solely in charge of lending transactions and interest rates (where the banks benefit most), the Able Project supports decentralized trading. And furnishes decentralized cryptocurrency wealth management where users propose loan interest cost via the matching system. Thereby precluding the lending-deposit dispersed via openly connecting participants on a one-on-one premise.
Basically, Able Project represents cryptocurrency clear-cut financial solution that renders cryptocurrency financial merchandises via peer to peer loan corresponding systems and decentralization of exchange. It is an infrastructure leveraging on the blockchain network to establish a financial platform, from banking to shared funds

THE SUPERIOR ADVANTAGES OF ABLE PROJECT
Banks act as middlemen depositors and borrowers via their business style premised on a lending deposit spread. Via this system, banks can receive deposits at minimal interest rates and lend out money at exorbitant rates, profiting eventually from the difference. The Able Project presents a platform completely devoid of intermediaries. In Able Project, users deal on a peer to peer basis, via the connection of highly developed match engine, and determine the cryptocurrency interest rate.
Also, unlike in a centralized market like a bank, in Able Project, investors will receive higher interest rates, while borrowers can lend money at lower rates. Again, in the existing cryptocurrency based banking, the services are provided via centralized structure with a combination of unsustainable exorbitant interest rates and centralized utilities. This renders banks exactly frail to manage moral hazard and the hacking of central servers. Lack of synthesized market restrains users from undergoing manifold banking services. In Able Project, donating and remitting spread that is characterized via the smart contracts has the ability to eliminate exposure to managers' moral hazard and the danger of centralized server hacking.
Furthermore, dissimilar to present cryptocurrency banking services which provide deposits and loans singularly, instead of linking depositors and borrowers, Able Project links users precisely, via an account. Thereby allowing for a wide range of financial activities like payroll and investment, premised on smart contracts.
The Able Project is here to provide investing/lending matchmaking engine, payroll and credit card score or loan, cryptocurrency payment service to support loans. Also to provide easy payment and remittance system with easy account address service and reserve payment, and investment via an account based Initial Coin Offering (ICO).

FEATURES OF ABLE PROJECT
To efficiently carry out its aims, Able Project has put in place, superb features. These features include a proficient Able Project application. This will be used to build an account, transfer money, and make use of products designed on the basis of smart contracts, and also supply user demand to the framework. The application supplies websites and smartphone apps for users to easily use the Able Project system.
There's also the use of Decentralized Exchange (DEX), as a feature to save smart contracts based on numerous cryptocurrencies. Via Able DEX, the risk of centralized transactions is prevented thereby allowing for wealth management.

ABLE PROJECT TOKEN DISTRIBUTION:
Public Sales : 60%
Reserved: 15%
Team Incentives: 10%
Foundation: 10%
Marketing & Strategy Partners: 5%
Currency Accepted: ETH
Type--- Cryptocurrency
Accepted currencies--- Ethereum

PARTNERS:
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In a bid to further achieve the objective of the Able Project, the developers entered into some strategic partnership with reputable organizations and institutions including Kambria, Coinrail, IBTC, Influence Chain, Pyramid learning platform, Utb-Use The Bitcoin, Botbank, Dow Jones, Tech & Law, Technode, D’Light, Sorainen, Track ICO, Hype Code, Alpha whale Capital among others.

THE TEAM:
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Let me especially give kudos to this team for conceptualizing such an invaluable platform. The team comprising of vastly experienced individuals who have made their mark in different areas of endeavor has brought a disruption that will continue to positively impact our world.

CONCLUSION
By utilizing the benefits of blockchain technology, the Able Project presents an enhanced accessibility to the mainstream public to be easily utilized, the institutional grade products with minimal lending rates. Able Project will supply users with the lucky chance to truly exploit cryptocurrencies without hitches.

For more insight about Able project, please click on the links below:

Website: https://www.able-project.io/en/index.php?lang=en
Ann Thread: https://bitcointalk.org/index.php?topic=3159298.msg32659058#msg32659058
WhitePaper: https://www.able-project.io/data/AB_whitePaper_Eng_180502.pdf
Telegram: https://t.me/ABLE_Project_EN
Twitter: https://twitter.com/Ablecoinproject
Facebook: https://www.facebook.com/ablecoinproject/
Github: https://github.com/kblockchain/
Youtube: https://www.youtube.com/channel/UChRc3KUemnVI-riPFAIOntg
Medium: https://medium.com/@ableproject
LinkedIn: https://www.linkedin.com/company/13661933/
Reddit: https://www.reddit.com/r/ABLEproject/

Author's Bitcointalk Username: Jannyh
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1883625

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