Stable Blockchain: provides users of the Stable Blockchain ecosystem with various tools to handle cryptocurrencies

in #stable-blockchain3 years ago

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" Modern blockchain instruments have a critical problem: they still can hardly be integrated into traditional financial tools. They exist by their own and are poorly integrated with financial and other organizations willing to use both fiat and cryptocurrency funds. If you want to work with two types of money at the same time, you will face the following problems today :

  • HIGH TRANSFER FEES
  • CONVERSION OF ONE CRYPTO ASSET TO ANOTHER
  • LONG VERIFICATION OF A TRANSACTION
  • INSUFFICIENT ANONYMITY OF TRANSACTIONS
  • SEPARATION OF FINANCIAL ACCOUNTING
  • IMPOSSIBLE TO CONVERT FUNDS INSTANTLY WITH MINIMAL LOSSES

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ABOUT US

A reliable financial ecosystem is required that would allow to safely and conveniently process all popular cryptocurrencies and unlimitedly use them for payments without a need to leave the ecosystem. It is also important for such a platform to provide secure access to funds from all platforms to make users confident in its reliability and allow them to choose the right product for themselves.

Our Stable Blockchain ecosystem solves this problem by offering users the opportunity to invest in an emerging cryptocurrency platform.

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Creation Of The Stable Blockchain Ecosystem

Our goal is to make cryptocurrencies convenient, intuitive, and simple, while demonstrating the importance and usefulness of this tool for any financial institution. For this, we are going to establish our own cryptocurrency ecosystem named Stable Blockchain, which will be not just a tool for handling cryptocurrencies, but also a means of investment. Users will be able to earn stable interest from Stable Blockchain Coin tokens to their balance.

Naturally, the implementation of such a project will require significant preparation and a large investment of resources (financial, labor, and technical). Our ecosystem will need to include a list of services to solve the problem:

  • Stable Blockchain Wallet : Safe storage of user funds that meets both banking security standards and modern encryption standards. Our team develops an infrastructure for secure cryptocurrency storage – our own "warm" and "hardware" cryptocurrency wallet named Stable Blockchain Wallet (SBW).
  • Stable Blockchain Swap : Simple and easy-to-use cryptocurrency exchange for buying, selling, converting cryptocurrencies named Stable Blockchain Swap (SBS)
  • Stable Blockchain Card : A physical cryptocurrency card Stable Blockchain Card (SBC) tied to a "warm" cryptocurrency wallet. Users will be able to freely convert their funds from cryptocurrencies to fiat money and pay for goods and services. Moreover, they will do so with the lowest fees.
  • Stable Blockchain Loan : Instant, short-term loans in cryptocurrency with a low interest rate. Creation of a service for investing and borrowing in cryptocurrency named Stable Blockchain Loan (SBL).

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PROJECT DEVELOPMENT

At the first stage, the project expands its financial base for development and attracts investors by offering Stable Blockchain Coin (SBC) tokens. Initially, the project development is funded by a group of microfinance organizations that annually serve over 80,000 people. Their financial activities cover the territory of the CIS, Asia, and South Africa.

Stable Blockchain Coin will allow to increase the amount of loans to all members of the group of companies. There is a clear model of financial development – lending at daily 1% will secure a profit, which will be allocated as follows:

  • 0.3% For Stable Blockchain Coin holders.
  • 0.3% Is a profit of the company that issued the loan.
  • 0.4% Goes to the development of the Stable Blockchain ecosystem.

Creation of Stable Blockchain Wallet, a Secure System for Cryptocurrency Assets Storage

The development of a mobile cryptocurrency wallet (iOS, Android) will be launched at the second stage, which will become the basis of the Stable Blockchain ecosystem. These are the plans of our team:

To create a "warm" cryptocurrency wallet for users with safe and convenient access, where SBC will be converted to Bitcoin and any altcoins at a favorable rate. Its core features are anonymity, compliance with all banking standards for protecting funds, and a complete set of tools for handling cryptocurrency assets for smartphones on iOS and Android

  • To develop a browser extension, where the user has access to information about the number of SBC tokens in the wallet, exchange rates, estimated profit at the end of the month, and buying/selling/sending/receiving/investing/converting funds.

APP DEVELOPMENT ON ALL EXISTING PLATFORMS (IOS, ANDROID, MAC, WINDOWS, AND LINUX), AS WELL AS A WEB INTERFACE TO MANAGE BUYING/SELLING/SENDING/RECEIVING/INVESTING/CONVERTING FUNDS

CREATION OF OUR OWN BLOCKCHAIN SYSTEM NAMED STABLE BLOCKCHAIN BASED ON THE CRYPTONOTE PROTOCOL
The stage of the Stable Blockchain ecosystem formation relates to the creation of the own blockchain, which the project will switch to. This will allow for the following:

  • Meeting high standards of transaction anonymity;
  • Reducing user spending on transfer fees
  • Making the system completely secure – it will not depend on modifications in the Ethereum network. Thanks to the CryptoNote ring signature system, users will not have to worry about anonymity on the Stable Blockchain network
  • Increasing the speed of payments within the SB ecosystem.
  • Further development and operation will depend on the activity and suggestions of investors, which our team will take into account. This may lead to cooperation with other blockchain projects, which will bring new users to Stable Blockchain and open new paths for development. Our team will build the SBS/SBL/SBC/SBW projects on our own blockchain. The SBW/SBL/SBS projects will be created for SBC tokens built on ERC20.

DISTRIBUTION OF A STABLE BLOCKCHAIN COIN

  • Stable Blockchain Coin is built on ETH – ERC20
  • The total issue is 1,000,000,000 SBC
  • The token cannot be re-issued
  • 1 SBC costs $0.10

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The Diagram With The Data On The Token Distribution

The ICO Hard Cap of $10 mln will ensure the stable development of the project within 2 years and allow to build an ecosystem that is independent of the size of the user transfer fees. Due to the ICO, the project will be able to quickly expand the lending market in some regions, not only paying investors a monthly profit, but also funding the development of the Stable Blockchain ecosystem, as well as the release of the entire range of tools for handling cryptocurrency assets.

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COMPETITORS OF THE STABLE BLOCKCHAIN ECOSYSTEM

Attempts have been made to create various blockchain projects that have sought to build ecosystems combining fiat and cryptocurrency payments since 2018. However, all of them had a dubious economic model, since they were going to make a profit solely on the token rate growth and their transfer fees.

We at Stable Blockchain are committed to laying a solid financial foundation that will allow our ecosystem to exist for years. The ecosystem can collapse quickly if this is not thought through. There is an example of Forty Seven Bank, which launched an ICO in 2018. A whole galaxy of experts, plans to connect to SWIFT and register in the UK as an official bank, and positive feedback could not help the project. The ecosystem shut down quickly, and the website has been down since 2019.

There are no such initiatives with intention for development at the moment. Large investors cannot be interested in projects similar to UMI, the creators of which are clearly not aimed at a long-term perspective. Stable Blockchain is a unique case of a relevant idea and solution to a problem that prevented such projects from being realized in the past.

ROADMAP

Spring 2021

  • Creating a financial model of the SBL ecosystem
  • Building an experienced team
  • Legal registration of the token

Summer 2021

  • Creating a project website
  • Presale
  • Bounty launch
  • The ICO launch in August 2021

Autumn 2021

  • Stable Blockchain Wallet launch
  • Launch of the investor reward program
  • Listing the SBL token on cryptocurrency exchanges
  • Testing of the own blockchain system

Winter 2021-2022

  • Switching the SBL tokens to the own blockchain system
  • Launching the ecosystem apps on PC
  • Obtaining a license for Stable Blockchain Card

Spring 2022

  • Stable Blockchain Swap launch
  • Stable Blockchain Card testing (estimated launch date is July 2022)
  • Release of SBW, a hardware cryptocurrency wallet

FOR MORE INFORMATION

Username : Ozie94
Profile : https://bitcointalk.org/index.php?action=profile;u=2103066
ETH : 0xDa2F65ea0ED1948576694e44b54637ebeCA22576

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