ABLE: Changing the tides of financial economy Introduction

ABLE is no doubt the real solution of the banking sector which is majorly depends on the differences in the rate of interests for deposits and credit of the problems with the cryptocurrency financial services.

The both unusual high level of interest rate and central based system, which banks put at risks for the unworthy managers and the hacking of central servers. The lack of comprehensive solutions in the foreign crypto exchange market does not permit users to be used to several various banking financial system.

#ABLE is determined in solving the banking currency problem with the use of decentralized means of the blockchain. The search engine development will coincidentally saw the borrowers and investors on the basis of P2P.

ABLE will bring the unity of borrowers and investors with the erasing of the third party system. By this third party elimination and the credit based cryptocurrency; the rates of interest will be clearly stated by the means of combined the agreement between the market users and part of the stipulated rates that will be used as interest rates.

Features of ABLE

• Credit based assessment: This depends on the basis that the blockchain cannot be impeded. At first, it makes use of the smart contracts salary history and income consistency through the credit rating system. The credit based option will help in the advancement for salary payments. Credit rating will be technological based and it has the credit assessment information and external big data.

• Salary smart contract: With this, individual work will be estimated by the amount of productivity and fulfilled hour. The salary system of payment will greatly focus on the assessment at first on operation period. The salary payment will be carried on may be daily, weekly, or yearly and so on.

• Financial smart contract: The credits normally have a coincidence between demand for several financial services and investors. This will be used to identify with the creditors using the help of financial smart contracts and the long-term loans will be huge sum amount in the p2p credit loans. The credit based loans is on the outward data of ABLE which is granted by any means of integration on developments.

Benefit of ABLE

• Crediting: Benefits for the mechanism to lookout for coincidence between borrowers and investors.
• Salary payment and loans: This will be a payment service used for salary in cryptocurrency and credit rating system for the support of loans.
• Investment: The investment of the ICO depends under the control of smart contract. The project will make use of the algorithm to communicate on the account that includes money transfer, credits, investment and charge of the salary.
• Simplified money transfer and payments: This service is of multiple and simple account addresses.

Conclusion
In conclusion, the ABLE ecosystem will be beneficial for everyone. It makes the investors have higher rates than it was in the traditional central system of financial market thereby the borrowers will also collect money based on credit which is at low rates.

The links will help you learn more about the project:
Website: https://www.able-project.io
Whitepaper: https://www.able-project.io/data/AB_whitePaper_Eng_180502.pdf
ANN Thread: https://bitcointalk.org/index.php?topic=3159298.msg32659058#msg32659058
Telegram: https://t.me/ABLE_Project_EN
Twitter: https://twitter.com/Ablecoinproject
Facebook: https://www.facebook.com/ablecoinproject/

Writer: PLMovs
Bitcointalk Profile URL: https://bitcointalk.org/index.php?action=profile;u=2035939