The main obstacle to the large-scale use of cryptocurrency is a limited range of possibilities for its use. After all, to open a deposit in a bank, you need cash. Investments in cryptocurrency are only gaining momentum and are often accepted in fiat. Paying bills in tokens is also an obstacle to a limited list of partner companies. And even if digital assets can be accepted to perform operations listed above, they are carried out separately on different platforms. The modern world is in dire need of developing a single cryptocurrency platform that meets the latest security requirements and allows working with assets in multiple directions with the help of one service. Able platform has become a real breakthrough in the distribution of work with digital assets.
Key features of Able
When developing Able, the creators focused on generating a unique server with the consolidation of all possible financial services on it. Asset management is carried out using smart contracts that provide high speed and reliable protection of transactions. Able allows meeting the current demand and providing the required level of supply on the cryptocurrency market.
Advantages of Able
The range of services on the platform is quite wide and allows working with finances in investment and lending directions. Each user, depending on his/her financial situation can act as an investor or a borrower. All payments are made according to the P2P scheme, allowing to save on the elimination of intermediaries such as banks and other financial companies from the lending chain. Artificial intelligence automatically generates rating for each borrower and lender, which is formed depending on the completeness of compliance with the terms of the loan agreement. Blockchain technology reliably protects this information and excludes any possibility of rating falsification.
The possibility of issuing both a debit and a credit card allows project users to have permanent access to their assets and, if necessary, quickly convert cryptocurrency into fiat for withdrawal in an ATM. Cooperation with leading payment systems makes cash withdrawals available worldwide.
Also, Able allows launching salary projects on the service. Now, enterprises can enter into salary contracts with remote workers, ensuring that both parties are protected from substandard work.
The management of the capital on Able is carried out with the help of the patented technologies such as ICO Investment and ABEX's DEX. It makes it possible to join lending, deposit opening, payment of bills and services, working with mutual funds, the ability to analyze the composition of the portfolio of assets within a single platform. Able is available both in the web and in the mobile version.
Able has a number of advantages comparing to existing similar projects, including the possibility of working around the world, the low level of influence of state regulation and the stability of the platform's cryptocurrency.
Able cryptocurrency
The general release of Able tokens is quite large and amounts to 25 billion units, of which 60% are allocated for sale. You can purchase cryptocurrency for ETH and BTC. The project is at the second stage of the ICO until August 10. The project’s hardcap is 11,000 ETH. The price for one token is $0.00215. The minimum purchase size is limited and is 0.5 ETH or 0.05 BTC.
Summary
Thus, Able project is a breakthrough in the world of digital assets as it consolidates all the necessary financial services within a single, decentralized platform. At present, there are no equal options in terms of market coverage, the list of services and the level of security of Able's transactions. A user-friendly interface, a large selection of tools and a low commission for working on the platform have already allowed getting the maximum estimate from TrackICO. The development of the project continues, and the main technical developments will be carried out as the investment is collected. The full functionality announced by the creators will be available by 2020.
Links:
Website: https://www.able-project.io
WhitePaper: https://bit.ly/2mZoQSr
Telegram: https://t.me/ABLE_Project_EN
Facebook: https://www.facebook.com/ablecoinproject/
Twitter: https://twitter.com/Ablecoinproject
Medium: https://medium.com/@ableproject
ANN: https://bit.ly/2KhyqcJ
Author: https://bitcointalk.org/index.php?action=profile;u=980049
Disclaimer
This review by Bonanza Kreep is all opinion and analysis, not investment advice.