HUBRISONE: UNIFYING CRYPTOCURRENCY TO THE BANKING SECTOR

in #hubrisone6 years ago

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INTRODUCTION
While cryptocurrency as a form of payment is still in it infancy, it is a well known fact mostly for cryptocurrency traders and enthusiast that cryptocurrency, especially Bitcoin is rapidly making waves and becoming the new world of finance owing to it’s surge in year 2017 where Bitcoin rose as high as $20,000 of which attracted many users from all over world to start to adopt cryptocurrency as a form of payment, businesses around the world are getting on board including major companies like Microsoft, Tesla, WordPress, Expedia, and payment merchants PayPal and Stripe. All this development in cryptocurrency has been threatening to the existence of the old world of finance (Banking sector). Questions are rising and people wants to know the future for Banking in a cryptocurrency dominated world. The banking sector has been the major financial system of monetary exchange in existence for centuries in carrying out economic activities and still serving peoples needs such as loaning fund, grains to farmers and other necessary items to artisans and tradesmen who needed them.

CHALLENGES OF CRYPTOCURRENCY AND BANKING SYSTEM
Despite the numerous advantages offered by cryptocurrencies as a form of payment, there still exist problems associated with cryptocurrencies that limit it full adoption as the only form of payment as against the banking section. This limitations all arise seemingly because Cryptocurrency is still in it infancy stage
And is facing many significant issues, The lack of global financial inclusion, it services are not regulated, Price volatility and manipulation as well as high Lack of trust, transparency and Fraud in existence in the market.
In the other direction Banks to face numerous challenges which calls for the search for new system of financial order. These problems ranges from Poor customers satisfaction, absence of innovation towards gearing blockchain solutions, customers extortion, changing customers behavior etc.
There is a need recognize the importance of the banking system and unify both the New financial system (cryptocurrency) and the old world of finance and banking because whether we like it or not the cryptocurrency world needs a bank.

INTRODUCING HUBRISONE
Having recognized the downsides and importance of the financial system. The Hubrisone team are a team of financial expert who have been able to merge the benefits this two powerful industries into a single Mobile App wallet called Hubrisone.

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HuubrisOne, is a cryptocurrency wallet and traditional fiat bank account combined regulated and compliant digital Apple and Android into a powerful, intelligent, app. Hubrisone wallet has been designed to be easy to use, user friendly and most importantly security tight.
Hubrisone mission statement: Our vision is to become the connector between the old world of finance and banking to the new world of cry ptocurrencies. In a new, secure, regulated and u serfriendly way (Hubrisone, 2018)
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SOLUTIONS OFFERED BY HUBRISONE
In bringing a balance between these two sectors of the financial system, the Hubrisone team having analyzed both sectors provided the Hubrisone wallet to serve as a connector between the old and new world order to help as far as new users/adopters of cryptocurrencies to easily switch between Fiat currencies and cryptocurrencies. Below are a summarized list of the solutions and features of the Hubrisone wallet;
Security : The Hubrisone wallet is secure and gives users access to there private keys so the user possess full control of his/her wallet and has the flexibility of creating as much as 200 wallet using the Hubrisone mobile wallet app.
Multicurrency : The Hubrisone wallet is created to support multicurrency such EURO, USD and equiped with the ability to initiate nstant, unique transaction through personal GBP, USD and EUR bank account.
• The Hubrisone wallet is equipped to carryout blockchain and cross border payment using the stellar and omiseGo blockchain at seamlessly low fees and instantly.
• The user interface is made very friendly and operable at comfort which will increase mass adoption of the Hubrisone wallet
Other unique features of the Hubrisone wallet include providing real interbank forex rates so it’s users could gain access to fund anywhere in the world without added fees along with access to a secure debit card to aid offline transaction and finally a 24 hours support has been made available by the Hubrisone team for speedy resolution of users concerns and issues.
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Conclusively, the Hubrisone team are a team of serious minded financial experts and everyday seeks new ways to see that the banking sector and the cryptocurrency world is unified to carry transaction seamlessly.

For more information about HUBRISONE please visit the below links.

Website: https://www.hubrisone.com/
Telegram group: https://t.me/HubrisOneOfficial
ANN/Bounty thread: https://bitcointalk.org/index.php?topic=5039930.0

Author Username
Telegram: @Sallyoung
Bitcointalk: Andyoung

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