ABLE : The New Era of Crypto Finance
The project is a decentralized bank on Blockchain.It is a financial platform that provides exchanges and services for the management of assets of intellectual contracts, allowing to conduct banking activities on the basis of the crypto currency.
FEATURES
The ABLE project aims to take care of issues by applying decentralized blockchain technology.
By developing a matching engine that connects depositors and borrowers on a peer-to-peer basis, the project specifically connects depositors and borrowers with no intermediaries. With intermediaries and lending spreads wiped out, cryptocurrency interest rates will be dictated by mutual agreement between clients in a free market, and said rates will fill in as market interest rates. Depositors can get higher interests than they would in a centralized market, while borrowers can loan cash at bring down rates, making a win-win scenario. Since keeping and lending occur represented by smart contracts, the project will dispose of introduction to directors' ethical hazard and the danger of focal server hacking.Current cryptocurrency banking services give deposits and loans independently as opposed to linking depositors and borrowers. The services have shortcomings, for example, powerlessness to give high store interest rates reasonably. Such services can't mitigate or dispense with go-between dangers in light of the fact that their structure depends on a centralized model. Then again, the ABLE project specifically interfaces clients, primarily through a record, and empowers a variety of banking exercises, for example, payroll and speculation, in light of smart contracts.
The ABLE project primarily aims to apply decentralized blockchain technology to banking and wealth management highlights; to specifically connect request and supply through a record on a peer-to-peer basis; and to set up a reliable framework. It aims therefore to build an in-house decentralized trade, and after that to evolve into a banking stage on which to create and utilize smart contracts for banking and wealth management services.
SOLUTION OF THE PROJECT
The ABLE project is aimed at solving problems associated with the traditional banking system. Problems associated with lending, problems with a complicated procedure for opening an account and opening a deposit account, as well as lack of support for decentralized crypto-exchange services. Basically, this project is designed to solve problems with transparency and increase security and reliability with the help of block-system.
The ABLE platform will be aimed at crypto currency, all financial activity will focus on the state of the account. Based on the fact that banking activities are carried out through bank accounts, users will be offered interest rates on loans through a matching system, eliminating the spread (difference) in loans and deposits, using P2P (one ranked network). The project will also support decentralized exchanges and provide services for managing a crypto portfolio through a smart contract.
TOKEN DETAILS
Token : ABLE
PreICO Price 1 ABLE = 0.002 USD
Price 1 ETH = 320,000 ABLE
Platform : Ethereum
Accepting: ETH
Minimum investment is : 0.5 ETH
Soft cap : 10,000 ETH
Hard cap : 25,000 ETH
Country : Estonia
Whitelist/KYC : KYC & Whitelist
For more information about this project,visit the links below:
WEBSITE: https://www.able-project.io
TELEGRAM: https://t.me/ABLE_Project_EN
WHITEPAPER: https://www.able-project.io/data/AB_whitePaper_Eng_180502.pdf
ANN THREAD: https://bitcointalk.org/index.php?topic=3159298.msg32659058#msg32659058
BOUNTY THREAD: https://bitcointalk.org/index.php?topic=4450204
FACEBOOK: https://www.facebook.com/ablecoinproject/
TWITTER: https://twitter.com/Ablecoinproject
MEDIUM: https://medium.com/@ableproject
Written by: chacha1000
Bitcointalk Profile URL: https://bitcointalk.org/index.php?action=profile;u=2015045