Able, the World’s First Blockchain Powered Bank

egetror (51)in #steempress • 6 years ago

Numerous new startups are introduced within the last few years. Majority of them are using the blockchain technology to change the way things worked till the date. Able is also one of these new startups, which is introduced as a blockchain bank. It is said to be the world’s fourth industrial revolution. This startup is focusing on founding a decentralized blockchain-based bank along with an asset manager. It will work by using smart contracts and provide some revolutionary solutions to the users.

Able is the world’s first blockchain based bank and the first to offer decentralized banking solutions. The goal is to develop a financial system which will use the ability of the cryptocurrency to feature borderless transactions. Able is going to make it possible and that’s why it seems quite fascinating. Let’s find out some more information about this project to better assess its potentials.

How does Able operate?

This platform is using cryptocurrency to support the whole banking process. It will meet the supply and demands by using the cryptocurrency. Banking, micropayments, and investments are key features of this platform.

Banking:

If you are planning to use the banking solutions, Able features money deposit, lending, and salary along with enabling the user to maintain a good credit score.

Investment:

When it comes to investment, this decentralized bank offers to important functional techniques for investing, the users can invest by using a Fund Smart Contract and another option is investing as an ICO smart contract. These two are the most popular ways of investing in the crypto assets which people are using across the globe.

Micropayments:

When it comes to micropayments, Ale is offering debit cards, credit cards, and mileage cards along with the third party services. The users of this platform will get all the required cards to use them for shopping and other demands.

These three are also the key components of Able. Every account created on this platform will get the features of these three services. This platform will act as one financial platform where the users can perform all the important tasks related to banking, investment, and trading. That’s how Able will operate.

Token details:

This platform is providing the investors with the ABLE token in which they can invest and gain profit with Able. This token is essential for anyone who wants to use the services offered by this blockchain bank. The initial coin offering will begin on the 16th July 2018 and it will last till 10th October 2018. Of course, Able will not sell all the tokens it is supplying, but still it will provide enough to make a grand investment in this futuristic platform.

Final thoughts:

Able is a result of forward-thinking individuals, who are crypto and banking experts. Over 30 people have worked to make this platform a reality. Now it is fully developed and it will soon get active. A lot of crypto investors are accepted to use this platform in order to use the financial solutions offered by Able.

Links:

Website: https://www.able-project.io/cn/index.php?lang=cn

Whitepaper: https://www.able-project.io/data/AB_whitePaper_Chn_180502.pdf

Telegram: https://t.me/ABLE_Project_EN

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ANN

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