Overview: ICO ABLE

ABLE Project (ABLE) – a financial platform that provides exchanges and services for the management of assets of intellectual contracts, allowing to conduct banking activities on the basis of the crypto currency. The project is a decentralized bank on Blockchain.

Solution of the project

The ABLE project is aimed at solving problems associated with the traditional banking system. Problems associated with lending, problems with a complicated procedure for opening an account and opening a deposit account, as well as lack of support for decentralized crypto-exchange services. Basically, this project is designed to solve problems with transparency and increase security and reliability with the help of block-system.The ABLE platform will be aimed at crypto currency, all financial activity will focus on the state of the account. Based on the fact that banking activities are carried out through bank accounts, users will be offered interest rates on loans through a matching system, eliminating the spread (difference) in loans and deposits, using P2P (one ranked network). The project will also support decentralized exchanges and provide services for managing a crypto portfolio through a smart contract.

At the initial stages the project will provide:

• investment and credit mechanism;
• payments on investment dividends;
• convenient and simple procedure for payment and transfer of funds;
• investing in ICO projects, using a smart contract.

Platform architecture:

• ABLE application. Users can use complex financial tools in a convenient and simple application. The application will be available on both PCs and mobile devices.
• ABLE structure. With the help of smart contracts it will be possible to work with deposits, loans, funds, as well as distribute profits.
• ABLE API. These APIs are specialized ABLE APIs and basically include the same functions as the Ethereum APIs, but they include additional APIs that can handle personal data and customer details that are difficult to register with a public unit chain Ethereum.
• ABLE Ethereum Infrastructure. Initially, the ABLE project will run on Ethereum, using a crypto-currency gateway and a block system. In order to strengthen the banking / stock / payment systems, an effective core network will be created.

Project Capabilities:

• Allows both depositors and borrowers to enter into a transaction at the proposed interest rate without an intermediary.
• Prevents the administrator's moral hazard and server hacking, while keeping the user's investment in the decentralized system

Team

The project team has extensive experience in various financial sectors, including the national tax service and the national pension service. The team also includes specialists in finance, IT, and marketing. Consultants from the government, finance, investments are involved in providing a high level of financial services in a secured form.

Web - http://able-project.io/

Whitepaper - https://www.able-project.io/data/AB_whitePaper_Eng_180502.pdf

Bitcointalk - https://bitcointalk.org/index.php?topic=4450204

Twitter - https://twitter.com/Ablecoinproject

Facebook - https://www.facebook.com/ablecoinproject/

Telegram - https://t.me/ABLE_Project_EN

Bounty campaign

Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1153401

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