ABLE PROJECT: DECENTRALIZED CRYPTOCURRENCY PLATFORM

in #blockchain6 years ago

It’s highly known that when the banks act as an intermediary between borrowers and investors in any situation, there is always a trail of money being lent at high rates. That is to say, The banks' benefits as they get interests at low rates while lending money at outrightly high rates. In the crypto world today, there are no adequate systems in place to provide users with loans of high-interest rates. This is in no way idea and tends to show that there are as yet huge dangers, as the market is extremely unpredictable and not completely decentralized. Undoubtedly, the ultimate and perfect solution to this would be to create a system that makes both the borrower and client whole while completely eliminating intermediaries. This aforementioned solution is what ABLE project is all about.

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ABOUT ABLE
The able project is a coordinating motor which links the investors and borrowers directly. This, as a result, ensures the investors and borrowers are straightforwardly associated with no go-betweens/intermediaries. Not just that, the interest rates can be also be easily determined via common understandings between the users in a free market and said rates. With the ABLE project, the investors can now get high interest while borrowers can can also loan money at lower rates, these create a mutually beneficial atmosphere for both parties. The ABLE project is specifically connected to the user’s record which makes it possible for various financial activities to happen based on smart contracts.

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The ABLE project plans to eliminate intermediaries involved in all banking institutions concerned with digital finance. These eliminated intermediaries would be replaced with smart contracts which are immutable ensuring a completely decentralized and proper financial ecosystem.

Token Details
The ABLE project has 2 utility cryptocurrency which includes; ABLE Coin and ABLE Dollar. The ABLE Coin can be used as a service charge for using the ABLE system. The ABLE Dollar, on the other hand, is used for interest payment. Both cryptocurrencies can be exchanged. The ABLE coin has an initial supply of 25 billion, while the ABLE dollar has a total supply of 1 billion.

For more information, please visit the following links:

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 channel: https://t.me/ABLE_Project_EN
Twitter: https://twitter.com/Ablecoinproject
Facebook: https://www.facebook.com/ablecoinproject/

Published by Dogecoin92
BTT profile Link: https://bitcointalk.org/index.php?action=profile;u=1275172;sa=summary

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