- Mar 14, 2018
Last year, the “cryptographic market” has received positive signals from the international market, which is seen as an efficient, safe and cost-effective way to pay. This is most evident by having more and more people who have a desire to keep their passwords, the number of cryptocurrency holders is projected to increase nearly 10-fold, from the current 22 million to 200 million worldwide by 2020. The simplest way to become an owner of cryptocurrency is by selling goods for crypto. This approach will drive mass adoption in the coming years.
There is a huge need to spend that wealth by buying real goods for crypto. Nearly half of current sales are in markets, while mobile commerce will soon overtake traditional trade, with 65% of commercial transactions expected to be online in 2020.
The goal of their company is to empower consumers around the world to invest in crypto and to enjoy the purchasing power of their crypto investments by creating a Ubcoin digital marketplace where they can freely and securely buy and sell goods for cryptocurrency
What does Ubcoin Marketplace do?
First, I want you to understand that the Ubcoin Marketplace is not a greenfield project, but an extension of the Ubank mobile app:
• A matured company, existing since 2009
• Our current product, Ubank, has over 16 million installations worldwide
• We consist of 50+ developers, top management and advisor talent
• Ubcoin will enhance and reinvent existing product value proposition
• Samsung and Fly pre-install our current product on all smartphones, sold in CIS, including flagship Galaxy 9
They have been in the business of online trading for a long time and have a lot of success, which would be a huge advantage for them to enter the cryptographic market. Monopoly card sales seeks to finance the development of blockchain-based Ethereum-based smart cards, AI-based testing technology and KYC technology, and funding for global expansion. The unique distribution model of the Ubank application through pre-installation by the manufacturers will be expanded to new geographical areas.
The smart contract technology allows the Ubcoin Marketplace, to ensure safety, executability, intractability and verifiability of a transaction, successfully facilitating peer-to-peer transactions. As regulation on the acceptance of digital currency in a B2C arena evolves, the marketplace will add business sellers and buyers to its roster. The wiser would be to have many intermediary intermediates, the leeches of value chains. The delivery economy facilitates explosive growth in the form of direct-to-consumer transactions, allowing for more attractive pricing for both buyer and seller. Make-to-do manufacturing is a much more relevant business model. Some transactions may, in the future, require additional KYC / AML procedures for the execution of certain types of deals, involving third-party providers (i.e. delivery companies, couriers, notaries). The Ubcoin platform envisions a seamless engagement of these parties. Pay special attention to ensuring the legitimacy of the goods and services sold on the Ubcoin marketplace. They are developing an AI technology to help pre-screen posters for any potential infringement of reason, morality, safety and due care.
I will not show off all the interesting things here. You can find out for yourself at the website or their white paper attached below. With the things I just shared, I believe this will be a potential project in the future.
The development team of the project:
The team behind Ubcoin has been working together since 2009. It currently numbers 50+ developers and top management and advisor talent. We fearlessly focus on turning new technology into widely-adopted customer experience.
Sell and allocate tokens:
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Success comes from ideas, starting with enthusiastic people and flying high by the whole community
-Link Bitcointalk: https://bitcointalk.org/index.phpaction=profile;u=1805177