HubrisOne - Your Cryptocurrency Friendly Current Account

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HubrisOne is a cryptocurrency wallet and a conventional trust bank account combined in a powerful, intelligent, regulated and compatible digital mobile application. HubrisOne strives to merge the benefits of these two powerful industries to perfection. HubrisOne has been developed to be easy to use, safe and smart. HubrisOne is more than just a digital banking account. This is a realistic and innovative approach to sharing of banks and cryptocurrencies.

THE VISION OF HUBRISONE

The vision of HubrisOne is the advantages of the traditional world of finance and banking, bringing together the new world of cryptocurrencies a new, safe, orderly and easy to use way. A regulated, reliable and accredited access solution is required to help new investors to embrace the crypto-currency market, while the importance of their familiar banking system that they use every day is maintained. HubrisOne knows that the current banking system has many areas for improvement. HubrisOne could improve their current processes and services using technologies such as blockchain and cryptocurrency.

HubrisOne strives to become the first digital bank in the world to use the UK fully compliant cryptocurrency technology.

THE PROBLEMS

Challenges due to the infancy of the market for crypto currency

Because of the beginning of the cryptocurrency market, many important issues are addressed, including:

Lack of global financial inclusion (CGAP, 2018)
The lack of a complete end-to-end platform, from top to bottom for new investors in the cryptocurrency market. Unregulated services and solutions such as stock exchanges, derivatives, indices, and other products related to investment derivatives (TechCrunch, 2018)
Lack of transparency, trust, and fraud (HBR, 2018)
Price manipulation and Volatility

Display crypto-currencies differently from Fiat currencies

The most traditional financial operators believe that cryptocurrencies will no longer be available in the future. On the contrary, most cryptocurrency lovers believe the opposite. HubrisOne believes that the market is evolving and developing to find a middle ground between the two forms of currencies, as indicated above. As a result, cryptocurrencies and legal currencies will most likely operate as a global currency option in the future, each with its use case. If cryptocurrencies have to be taken seriously by the world and mass adoption must be achieved, HubrisOne must legitimize cryptocurrencies through a reliable, secure and regulated channel, solution, or support.

Recognize the role of the banking system

Most cryptocurrency enthusiasts are opposed to the banking system with a subjective approach. An objective and realistic analysis of existing banking systems show that they play an important role in people's lives. The global banking system has been consolidated, built and reliable for over 200 years. This 200-year banking sector has its pitfalls. However, it is important to emphasize its importance, access and the opportunities it has given (BBA)

Secure payment networks that keep the world economy 24 hours in motion
Ensure funding and access to people who want to buy a house, a car or the vacation of their dreams
It allows billions of people every day to pay for goods and services online and offline.
Pay millions of wages every day.
Move billions of payments every day all over the world.
Millions of jobs around the world

The world of cryptocurrency needs a bank.

Recently, the world and the crypto-currency community experienced a violent reaction from traditional banks, payment processors and credit card companies, which prohibit customers and users to buy, invest or carry out transactions in business-related crypto currency (Forbes, 2018).

Poor customer service and complacency

According to a recent survey of 9,000 customers in nine countries conducted by FIS, a banking and payment technology company (FIS, 2015), only 23% of customers worldwide believe their bank meets their needs, and their expectations. Banks all over the world do not meet their customers' expectations; However, customers do not know what solution they could use due to the monopolistic nature and fanciful offers that each bank presents. Below are some of the problems and examples that banks give to their customers, not just the following:

Old-fashioned and outdated authentication systems - waiting time of up to 20 minutes
Lack of innovative communication channels - no live chat
Slow and antiquated payment
No payments processed on weekends Unnecessary costs for overdrafts and missed payments
Long wait for a new card or pin code

Banks: Excessive worldwide exchange rates

When you send money to another location and you transfer money, banks can charge the amount until the purchase is in a different currency. Banks can charge a maximum of 13% with each transfer. The greedy and unfair part is that they can give you interbank exchange rates, so your taxes are reduced from 98% to 100%. Here is a fragment from (TD, 2018) - that perfectly summarizes the above problem. "Let's say you move from one country to another and sell your house in one country and buy it in another." House of $ 200,000, moved from London to New York or from Sydney to San Francisco: When are you transferring money? You might be shocked if you hear that taxes are 13%.

It is an exchange in two directions, which means that if you change money and convert, you lose 13%. Of course you do not go back and forth, but it gives you an idea of what the banks are doing. The average commission is about 7% return or 3.5% one way. This means that you have just paid $ 7000 to the bank on your house to pay the money for you.

Below is the table showing the additional costs that the bank commissions for each of your transfers.

Moreover HubrisOne notes that these problems often occur and must be interrupted: research and market research HubrisOne suggest that most people for various reasons are unhappy and dissatisfied with their bank, including:

Taxes are very high
Lack of high-quality customer service Significant inefficiency
Lack of innovation
Greed and not customer orientation

Strong competition to attract customers

Receiving and storing incoming customers is a growing problem for banks. It is clear that the introduction of crypto currency accelerates and accelerates customer demographics, purchasing power and needs. The competition is aggressive and adapts quickly. Traditional banks now require a 360-degree view of each client to focus their resources (BoC, 2017) effectively.

SOLUTIONS

Direct digital bank accounts

HubrisOne made it extremely easy and simple to create a bank account in currencies dominated by GBP, USD, and EUR. This means that, with the approval of KYC and AML, users will be able to exchange, transfer and store funds as they do on their bank account today. Free. Allow users to create an unlimited personal order number and IBAN, BIC, and UK account numbers within seconds to create an ecosystem of personal accounts to save money, college funds, a rainy or holiday fund. Users can securely pay your salary, set up recurring payments or pay bills and merchants.

International transfers via stellar Blockchain

It is not necessary to wait 3 to 5 days for the arrival of intentional payment and there is no need to pay exorbitant rates. With HubrisOne users can easily transfer funds from their bank account via secure HubrisOne block chain payments. This provides many new benefits in the banking sector, such as:

Traceability and tracking of funds in real time, you know when and where your transfer at any time
International payments using stellar block chain connectivity on international payment networks
Direct settlement on demand, when you make a transfer with faster payments or SEPA (usually within 2-4 hours)

A key feature of the HubrisOne application will be the ability to make international payments and traditional blockchains. Users will can transfer funds to bank accounts via SEPA, SWIFT or Faster Payments or via Stellars block payment technology.

Why Stellar?

Fast handling. 3-5 seconds for a token holder to transfer the token to another person.
Economic transactions
Built in exchange for any other token, asset or network currency.
Stellar is scalable - Operation Stellar corresponds to 1/100 000 pence. In recent tests Stellar conducted 10,000 transactions per second with an average clearing time of 5 seconds.
Ability to vote, dividends paid or allocate shares on the same network.
Stellar supports the expansion of the ecosystem

This means that HubrisOne is a cross-channel cryptocurrency resource that works on two blocks.

ERC20 Ethereum for HubrisOne ICO and, as a function, access to HubrisOne and Stellars blockchain for direct international payments.

Cryptocurrency Wallets secured

The crypto-currency wallets offered by HubrisOne will allow users of Fiat and exchange currency to crypto, convert and process in perfect harmony with HubrisOne HubrisOne bank accounts and debit cards.

Characteristic offered

Saving and using cryptocurrency funds directly from HubrisOne
Users have full ownership of their keys.
Freedom, diversity and variety add up to 200 crypto parts and alt pieces.
Transfer cryptocurrency wallets easily to the HubrisOne bank account and make worldwide payments with the HubrisOne secure debit card
Sending crypto currency to people or exchange in a few clicks.

Contactless secure debit card

Different accounts, a card. With a few clicks you can link your bank card to your bank account, to the cryptocurrency portfolio, or set up your account to switch automatically from a designated account. We have simplified each step and simplified the connection to connect users to the world of cryptocurrency and the traditional banking world.

User cards are fully loaded, as you would expect from your bank, and more:

Contactless payment
Go where the VISA logo is accepted
Secured with 24/7 account monitoring

The Growth in use of smartphones and non-banking

The increase in the use of smartphones is a continuation of our growth plans and our desire to develop a digital banking solution with direct access, lightweight, secure and accessible. By saying that, there are more than 2 billion unregistered adults who do not have access to the banking infrastructure we design.

According to the statesman, the number of smartphone users will increase from 2.1 billion in 2016 to 2.5 billion in 2019 where about, with the increase in smartphone penetration rates, we are witnessing a global shift towards exclusively mobile digital solutions and the banking sector is an area that deserves a digital reshuffle (Statista, 2016).

Token Sale

HubrisOne Utility Token (HBRS)

The HBRS token is the descend line of the Hubris application. If the Hubris app is the way, the HBRS token consists of cars, trucks and motorcycles. Both are very dependent on each other. The HBRS token is a functional utility token within the platform that allows users, investors and our customers access to the following, the list is not complete and other functions will be available. . to add later: