ABLE- Blockchain Banking Solution

Banking and Finance, the core of our market. The banking system is used worldwide and has various uses. The bank system is based on a structure which is almost the same in everywhere. Deposit and Lending and the difference of interest is the profit for banks. But such structure sometimes directly affect the power of financial uses and the demand of the service.

Introduction to ABLE

ABLE has seen the problems in our banking system and has set out to solve them. First, ABLE sees the traditional banking and then the crypto banking. Banks deposit and lending is the main source of profit for them. But banks being the middleman has some drawbacks. After that the crypto banking is centralized and high cost makes them unattractive.

Able is a blockchain based project which aims to solve our problems related to banking and finance. As described above, their main goal is to change the banking structure and make crypto banking for reliable and safe. They want to make banking a better place and also a safe place. But eliminating the limits, they want to increase the reach of the power of lending and such things. In other words, make a platform alternative to banking and make it more reliable.

Traditional Banks and Crypto Banks

Traditional Bank and Crypto Bank, both have their unique purpose. But the common thing among them is they both provide loans or lend money. How they work is different than each other.

Traditional Bank work and profit system are simple. Take deposit at low rates and lend them at high rates. The spread among them is the profit for them. This is their main way of getting their profit. It's a safe call for financial problems and lending or deposit.

Crypto bank on the other side, is more vulnerable and risky. This banking service is centralized and structure has made this service interest rate high. Being centralized has their own perks but also has some problems. The most obvious and dangerous problem is the fear of hacking. Anything centralized is possible to hack and steal data or funds. This problem leads to a service which is very unsafe and risky. There's the problem of high-interest too. Such problems can't earn people trust and make it attractive. After that, there's scam and Ponzi. Offering very high interest for a small amount time for deposits and then running away with the funds. All of this makes crypto bank the bad guy and make people not use that.

ABLE is here to solve them and make crypto baking a reliable and trusted place for everyone to use.

ABLE Service and Solution

In the bank system, the bank works the middleman or intermediaries. ABLE wants to completely eliminate this and make it a peer to peer service. They want to directly connect the investors and borrowers and make them come to an agreement where they can decide the term, interest rate, and other things.

This way one can choose the terms they are happy with. Also ABLE wants to make their service decentralized. Decentralization is security and ABLE believes decentralization can make the term better than centralized. ABLE is short words will create a platform where one can show their terms for borrowing or lending and if one is interested, he can take on the other. For everything, Smart Contract will be used to make sure the deal is successful and one gets what he wants.

ABLE is here not only for Lending and Borrowing. They will also provide other services such as paying salary, multi crypto support, investment and many kinds of financial services one might need now or in the future. They want to make ABLE the platform for every kind of financial needs and thus replacing the traditional banking system with a new, decentralized, trusted platform.

Vision of ABLE

The ABLE sole aim is to replace the current banking system to a new one which is ABLE. Turning the centralized system to decentralized, vulnerable to Secure and protected,

intermediaries removal, Convenient interest rate, Peer to Peer service, filling any kind of financial needs all by with the help of a single platform ABLE, this is the vision of the ABLE project. Turning the traditional banking to a new banking system and make it acceptable to everyone.

ABLE Currency

ABLE will release two types of currency for the platform. One is ABLE Coin other is ABLE Dollar. For various services inside the ABLE platform, the service charge has to be paid in ABLE Coin and for paying interest rate, ABLE Dollar will be used. There will be a limited supply of these and if needed, the currencies are changeable to another. There will be total of 25 billion ABLE Coin and 1 billion ABLE Dollar.

Roadmap

ICO Details

For fundraising, ABLE will use the Token Sale. On Token Sale, tokens will be up for sale for public people to buy. To make ABLE a reality, the token sale will have a good impact on it.

ABLE Conclusion

What ABLE is offering is a better banking which is secure and more reliable. To change the world, to change our finance, the banking system has a huge impact on it. ABLE is aiming to change banking to a new side and to a better side. It has a good potential of changing the way people look at lending and such.

More details about ABLE here:

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

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ETH Address: 0x8c26fD54c42B06593258b86b9D0F91CC9e5E64e5