Good afternoon, today's review is dedicated to the ABLE project .
Introduction Friends as you know, any traditional financial activity, including deposits, attraction of investments, loans, payments are made through bank accounts. The bank account is like our identifier in the banking system. Of course, our current banking system is centralized and managed by the Central Bank of a certain state. But I am aware of the emergence of the crypto currency in the centralized world banking system, a competitor appeared in the face of blockchain technology and various crypto-currencies as an alternative to traditional payments.
That's it, ABLE will be our guide from the centralized banking system to the world of decentralized finance. ABLE solves the problem of current banking services with high commissions and centralized financial services. ABLE is developing a compliance system that connects investors and loan recipients in order to provide reliable banking solutions on the ABLE DEX investment platform .
Purpose and possibilities of the project
The main goal of the project is the creation of a blockchain platform for crypto finance and asset management.
The project allows both investors and loan recipients to make a deal on the proposed interest rate without an intermediary. All user investments will be retained in a decentralized system, which reduces to zero the risks of hacking and human factors on the part of administrators.
The ALBE project provides the following options:
Investing and lending - Removes the spread between investments and loans through decentralization;
Payment of wages, credit assessment - payment service for the payment of wages, as well as lending to customers in the crypto currency;
Micropayments - Credit or debit card and the possibility of a reserve money transfer;
Investing - investing in ICO under the management of a smart contract (Investment Platform ICO based on the ABLE account). Also Mutual Investment Funds under the management of smart contracts (the Financial Investment Platform will be based on ABLE's DEX )
Here you can see the superiority of the ABLE platform in comparison with similar systems
Platform Architecture
ABLE application (Users will be able to use various financial instruments via the ABLE application.The ABLE application is available both in the web and in the mobile interface)
The ABLE API (The ABLE project system consists of a multilevel architecture, each level and component can interact through standard APIs, and each level will have its own permission level, for example, the following permission levels correspond to the following users: Public - User, Protected - Administrator, Private - System Developer )
The structure of ABLE (Smart contracts, including investments, loans, mutual funds and profit sharing, can be developed on the basis of ABLE , various smart contracts can be viewed and registered via the Web or the mobile ABLE application)
ABLE Ethereum Infrastructure (Initially, the ABLE project will work on Ethereum blockchain block, it is planned ahead of time for its blockchain.) ABLE Main Net will be launched to strengthen banking / stock / payment systems)
ICO Details
The project token is ABLE . It will be released on the ERC-20 standard.
A total of 25 billion tokens will be issued.
The distribution of the tokens will be according to the following scheme.
Details of the sale of the tokens.
Accepted payment: ETH, BTC ABLE
tokens are necessary for the functioning of the platform. When paying for the registration of new smart contracts, for service and of course for paying for various products and services offered by the ABLE platform In addition to the ABLE platform
There will be another ABLE Dollar token, an internal token. It will be used to pay interest and also StableCoin "ABLE Dollar" (it will be tied fixed to the US dollar) is necessary when working with high-volatility crypto-currencies.
Road map
1Q 2018 - Preliminary Sales
2Q 2018 - ICO
3Q 2018 - Listing on the
4Q 2018 Market - Launch of the Investment and Credit P2P Instrument
1Q 2019 - Financial Platform Development
2nd Q 2019 - ABLE
3Q Network Development 2019 - ABLE Financial Ecosystem
4 quarter 2019 - ABLE Testnet Launch
2020 - Development of the Financial Platform
The project team
The ABLE project team is represented by young ambitious professionals who have their own experience in various financial sectors. There are a lot of specialists in the team both in the financial field, and in the field of information technology and marketing. The whole team is balanced and self-sufficient to create the perfect banking product.
For example, CEO of the project
M.S Kim CEO
Financial expert with experience in the State Tax Service and Finance Department of Samsung. Professional asset manager, as well as a professional investor in real estate and crypto-currencies. In the project, he also acts as an experienced specialist in analysis and investment in blockchain technology.
Also worth noting is the high level of project advisers. They are represented by experts in the field of jurisprudence, finance, and investment.
With all the team members and advisers you can learn more on the project's website, the links will be at the bottom of the article.
Conclusion
Although the project is quite young, but what they have conceived and what they are working on in the future will simply make a revolution in the banking sector. A professional team, also the support of a large number of partners, a promising direction, it is still worth noting the trust of investors, the project has already collected more than 10,000 Eth, all this indicates that the team will achieve its goals. I consider the project worthy of your attention and investment.
More Information:
Official website : https://www.able-project.io
ANN: https://bitcointalk.org/index.php?topic=3159298.msg32659058#msg32659058
White Paper: https://www.able-project.io/data/AB_whitePaper_Eng_180502.pdf
Facebook: https://www.facebook.com/ablecoinproject/
Twitter: https://twitter.com/Ablecoinproject
Telegrams: https://t.me/ABLE_Project_EN
Medium: https://medium.com/@ableproject
LinkedIn: https://www.linkedin.com/company/13661933/
YouTube: https://www.youtube.com/channel/UChRc3KUemnVI-riPFAIOntg
My Bitcointalk Username: Honpaulo
My bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2117147