Welcome my dear friends. Today I will tell you about a very interesting project.For those who are not familiar with cryptocurrency banks are still a necessary element of life, but are beginning to gradually go by the wayside with respect to resources working with digital assets. The ABLE system is conceived as an alternative to the banking system, providing banking services for cryptocurrency operations. Today in our review we will consider the ICO of this project.
Problems of the existing banking sector
Traditional banking systems have problems. All of them can be divided into several categories:
lack of transparency of banking systems. At first glance, the problem is not obvious. But if you look inside, it becomes clear why the services of ordinary banks is relatively expensive;
lending. For many, loans are a problem. In addition to loan rates, they have different vernakalant and penalties that are unfounded. But loans are taken for lack of other choice;
transaction fees and service charges;
account opening procedure. It is complex. It is necessary to be present in the Bank in person and fill in the documents under the control of a special person;
the cost of security. Old technologies to ensure this process, which use modern banks, are expensive. This is a staff document, paperwork, audits, production process, etc. blockchain Technology and smartcontract allow it to be much cheaper.
Solutions ABLE
The ABLE project is aimed at developing an alternative solution for banking services for the population based on the Blockchain and smart contracts system.
Services that will be ABLE to provide:
investment and lending on the p2p principle;
holding;
translations;
investment in ICO.
The figure below shows the platform architecture.
Details ICO ABLE
Token name: ABLE
Smartcontract: Ethereum (ERC-20)
Simulated tokens: 25 billion.
Start ICO 1st round: June 27, 2018
Completion of the ICO 1st round: July 10, 2018
Price ABLE 1st round: $0.00205
Hard cap 1st round: $1.27 billion
Start ICO round 2: July 16, 2018
Completion of the ICO 2nd round: August 10, 2018
Price ABLE 2-nd round: $0,00215
Hard cap round 2: $3.35 billion
Investments are accepted in: BTC and ETH
Minimum investment: 0,5 ETH or 0.05 BTC
The team is ABLE
The team has a wealth of practice in the financial sectors. In particular, the tax and pension sectors. It is also a strong component in the issues of IT and promotion. In the Advisory structure there are members of governments, financial and investment experts of the international level.
More info in:
https://www.able-project.io/en/index.php?lang=en
https://www.able-project.io/data/AB_whitePaper_Eng_180502.pdf
https://bitcointalk.org/index.php?topic=3159298.msg32659058#msg32659058
https://twitter.com/Ablecoinproject
https://www.facebook.com/ablecoinproject/
https://t.me/ABLE_Project_EN
Author: https://bitcointalk.org/index.php?action=profile;u=1725951
0x295aca7dda69533ca78410da4fcc5ee2bafd1545