Ubank Launches Blockchain-Based Platform to Enable Mass Consumer Investment in Cryptocurrency
Ubank launches a Token Sale for Ubcoin Market, a peer-to-peer ecosystem that would allow its users to become crypto investors simply by selling real goods and receiving cryptocurrency in exchange.
Ubcoin Market offers a solution for two clear-cut and objective opportunities. The first opportunity stems from almost 2 billion digital citizens, many of whom are keenly interested in cryptocurrency but have their path to crypto investment hindered by technological and legal barriers: mining is expensive and changing fiat money to cryptocurrencies is a cumbersome process. The second issue is the one faced by more than 23 million cryptocurrency owners who are not able to easily spend their crypto investments due to restrictions imposed by governmental and financial organizations.
Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/ubank-launches-blockchain-platform/
Market participants, especially bitcoin production companies, admitted that the chief culprit in the price drop was news. Twitter is not the first to encryption currency defeating social networking media. The Facebook site had stopped related ads as early as the end of January.