ABLE

The New Era of Crypto Finance

About

The ABLE project will create a platform that enables cryptocurrency-based banking activities to center around the ABLE account, emanating from the fact that banking activities are carried out primarily through bank accounts. Users propose deposit and loan interest rates through a matching system, eliminating the lending-deposit spread by directly connecting users on a peer-to-peer basis. The ABLE project supports decentralized exchanges and provides decentralized cryptocurrency wealth management services through smart contracts. Ultimately the project aims to evolve into the ABLE Ecosystem through its integration with external systems, including simple payments.

Why Able?

 Features

• The users propose deposit and loan interest rates, and the ABLE matching engine connects the users to eliminate the margin of the intermediary
• Prevents the administrator’s moral hazard and central server hacking risk by keeping the client's investment in the decentralization system

Features

The ABLE project aims to solve problems by applying decentralized blockchain technology.

By developing a matching engine that connects depositors and borrowers on a peer-to-peer basis, the project directly connects depositors and borrowers without any intermediaries. With intermediaries and lending spreads eliminated, cryptocurrency interest rates will be determined by mutual agreement between users in a free market, and said rates will serve as market interest rates. Depositors can receive higher interests than they would in a centralized market, while borrowers can lend money at lower rates, creating a win-win scenario. Since depositing and lending occur governed by smart contracts, the project will eliminate exposure to managers’ moral hazard and the risk of central-server hacking.

Current cryptocurrency banking services provide deposits and loans separately rather than linking depositors and borrowers. The services have shortcomings such as inability to provide high deposit interest rates in a sustainable way. Such services cannot mitigate or eliminate intermediary risks because their structure is based on a centralized model. On the other hand, the ABLE project directly links users, primarily through an account, and enables a variety of banking activities such as payroll and investment, based on smart contracts.

The ABLE project primarily aims to apply decentralized blockchain technology to banking and wealth management features; to directly link demand and supply through an account on a peer-to-peer basis; and to establish a reliable system. It aims subsequently to build an in-house decentralized exchange, and then to evolve into a banking platform on which to develop and use smart contracts for banking and wealth management services.

Technical Info

The development of ABLE system goes through three stages. At the first stage, we first develop ABLE account, deposit-lending matching, and convenient cryptocurrency address services through solidity-based ABLE BANK smart contract technology on the Ethereum blockchain and then provide ABLE BANK service through the ABLE BANK web page. At the second stage, we develop ABLE DEX and design various ABLE financial products that interact with ABLE BANK smart contracts and provide them to users through the web page. At the final stage, we create a dedicated blockchain main network for ABLE BANK that allows us to provide credit services and personalized financial products by gathering and analyzing user patterns of using financial products.

Token Info

Token: ABLE

Platform: Ethereum

Type: ERC20

PreICO price: 1 ABLE = 0.002 USD

Price in ICO: 0.0011 USD

Tokens for sale: 15,000,000,000

Roadmap

2018. Q1

Pre-Sale

(Token-Bank).

2018. Q2

ICO

2018. Q3

Exchange Listing

2018. Q4

Deposit-Loan Peer-to-Peer Engine

2019. Q1

Finance Platform Service

2019. Q2

ABLE Mainnet Development

2019. Q3

ABLE Finance Ecosystem

2019. Q4

ABLE Testnet Launch

2020

Finance Platform Service

For More Information Click Link Bellow:

• Website: https://www.able-project.io/
• Whitepaper: https://www.able-project.io/data/AB_whitePaper_Eng_180502.pdf
• ANN Thread: https://bitcointalk.org/index.php?topic=3159298.msg32659058#msg32659058
• Telegram: https://t.me/ABLE_Project_EN
• Facebook: https://www.facebook.com/ablecoinproject/
• Twitter: https://twitter.com/Ablecoinproject

Author: pangeran milano

My Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2577205;