ABLE Project Able Project
apri tiara
ABLE Project:
Decentralization password currency block chain bank
The block chain bank of the ABLE project has been proposed to solve the problem of the initial cryptographic financial service, which is devoid of the existing margin business structure of existing reality bank.
- Traditional banks are large-scale intermediaries of depositors-borrowers and have a business model of margin margins (difference in deposit and loan rates). With low interest deposits and high interest rates, loans are the structure that banks take to make up the difference. Financial service users are paying low deposit interest and high loan interest.
- Traditional financial services are centralized structures based on cryptography. It is directly exposed to manager malware and central server hacking risk. In addition, fragmented service structures do not provide an integrated financial experience.
The ABLE project uses the de-centralized block chain technology to solve these problems.
With the development of a matching engine that connects peer-to-peer, the direct connection between the depositor and the borrower, without the intermediary (bank), leaves the intermediary and the equity margin. Able's Block Chain Banking Platforms Cryptography Interest rates are determined through consensus among users in the free market, which acts as a market interest rate.
This allows depositors to receive higher interest rates than the current centralized interest rate market, and lenders form a win-win structure to borrow at lower interest rates. Because a series of deposits and loans are based on smart contracts, the problem of manager hacking and malicious hacking in the current securities market is solved.
The cryptographic financial services provided by the ABLE project are fragmented into separate services, deposits and loans, rather than depositors and borrowers. This results in structural defects that can not be paid consistently at high interest rates. Since the loan service provides a centralized service, it does not solve the risk of intermediaries. The ABLE project, on the other hand, connects users directly to the ABLE Account and enables a variety of financial activities, such as salary transfers and investments, on a smart contract basis.
The primary objective of the ABLE project is to apply the decentralized block-chain technology to banking and asset management functions to directly connect consumers (peers to peers) and establish reliable systems around accounts. .
We will build an internal denominational exchange and evolve into a financial platform that can develop and use smart contracts such as banks / mutual funds.
Up here explanation from me and to avoid all forms of fraud please look for accurate and reliable information or visit the Link I provide below:
WEBSITE:https://www.able-project.io/
WHITEPAPER:https://www.able-project.io/data/AB_whitePaper_Eng_180502.pdf
FACEBOOK:https://www.facebook.com/ablecoinproject/
TWITTER:https://twitter.com/Ablecoinproject
TELEGRAM:https://t.me/ABLE_Project_EN
ANN THREAD:https://bitcointalk.org/index.php?topic=3159298.msg32659058#msg32659058
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Author by: Apri222
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