INTRODUCTION
The innovation of blockchain technology has brought a revolution to almost all sectors across the globe. It has features to disrupt this current era in ways deems fit. This disruption has occurred in Finance systems, Healthcare systems, Gaming platforms and host of others, with the needed requirements being a good team and proper understanding of blockchain technology. One might ask how has blockchain succeeded in disrupting this era? The answer is simple; disruption or revolution occurred through the Introduction of decentralization i.e a process whereby power is removed from a centralized system and distributed to users, thus most times blockchain technology can be called distributed ledger technology.
As of today, the centralized system has been the ultimate, controlling users information or data which in most cases leads to data breaches, data manipulation, cyber attacks and host of others. But, with decentralization, power is removed from a centralized system and distributed to users who in turn become the master of their personal data. Decentralization ensures data is protected from cyber attacks, data breaches, manipulations etc.
Another outstanding feature of blockchain technology is the use of smart contracts which can be used to carry out wide varieties of transactions efficiently with no point of failure. Most times, smart contracts are used to replace intermediaries thus ensuring low transaction charges etc.
The benefits, opportunities, possibilities and potentials associated with blockchain technology is amazing and endless, thus leading a team of experts into creating a blockchain-based platform known as IUNO
INTRODUCING IUNO
IUNO is a platform that aims to offer banking services to its users. It was created to be a payment system for investors and traders. It is replacing the traditional banking system where people do transactions, store and trade their currency.
IUNO is building a banking system on a wallet whereas transactions are done through a smart contract which replaced the intermediary in the traditional banking system. The IUNO platform has all the tools a decentralized banking system ought to have which will make investors achieve their aims.
PROBLEMS IUNO WANT TO COMBAT
The methods at which our traditional banking operates is not favourable to the customers. Most of the financial institute usually charge high on any transaction customers made. There is no tangible interest rate on the fund deposited on their account. Again the centralized banking system is not secure; hackers find it easy to hack into someone account and transfer away someone's fund. Another issue that is attributed to majority financial institute is partiality. They offer loans to the riches while they deny the right of average people loan.
SOLUTIONS BY IUNO
The IUNO platform is disrupting the financial sectors using the blockchain mechanism. They are paving way for individuals to have access to his/her account and also manage it within themselves. Charges on transaction will be lower and there won't be power of intermediary since it will be running through smart contract. The IUNO platform will offer full security to the users data and fund and there won't be any fraudulent report.
IUNO TOKEN
One of the reason why everyone must adopt the using of cryptocurrency is because, the physical cash usually attributed to issue of inflation, lower of currency in circulation and so on. This is why IUNO introduced their token which will be use in the platform. The IUNO token will be used for transaction through the platform and it can be convert into fiat currency.
IUNO ICO EVENT
The ICO event has start and it will end soon. Let support this project so that we will all enjoy the benefits.
TOKEN SALE DETAILS
Token name: IUNO token
Sticker: IUNIT
Type: Utility token
Total Token for ICO: 110,500,000 IUNIT
Soft Cap: 3,000,000 USD
ICO Date: 17 July to 21 September, 2018
Token Accepted: ETH, USD, BTC
TEAM
IN CONCLUSION
IUNO is building a payment system where individuals will manage his account by themselves. The platform is also design in a such a way that both the riches or the average people can acquire loan to supports his enterprises. The IUNO platform is very secured and there will be low charges on any kind of transactions.
Just like the traditional banking system, there will be debit card for its users to use in doing banking operations.
Useful official links:
Website: https://iuno.io
WhitePaper: https://goo.gl/qnNQ9M
LightPaper: https://goo.gl/xdHFSP
Get Whitelisted: https://iuno.io/get-whitelisted/
Facebook: https://www.facebook.com/IUNOBlockchain-577194359329346/
Twitter: https://twitter.com/iunoblockchain
LinkedIn: https://www.linkedin.com/company/iuno-corp/
Instagram: https://www.instagram.com/iunoblockchain/
Reddit: https://www.reddit.com/r/IUNOBlockchain/
Telegram : https://t.me/IUNOForum
Writer's BountyOx username: Cherry