The future is the culmination of hard work and the right opportunity. We encounter many opportunities in our lives and one such opportunity is the investment in cryptocurrency. Invented to replace the traditional method of payment and exchange, it has grown significantly in the market. People have found the power of cryptocurrency, and soon we will see a new wave of change in the market. The challenges associated with the cryptocurrency adoption in the market are many in numbers, but they can be solved using the right approach and right technology.
The first challenge in the market is the lack of real-life application based on the cryptocurrency. Governments and regulators around the world are making the situation worse by not creating clear rules and laws related to the cryptocurrency. In many parts of the world, cryptocurrency trading is banned while in many countries, there are no specific guidelines for the cryptocurrency. What do you think about the future of the cryptocurrency in the market?
UBCOIN is the latest platform offering solution for the mass adoption of the cryptocurrency. They are creating a global marketplace for goods where buyers and sellers can exchange directly. Based on the blockchain technology, the platform facilitates the payment in cryptocurrency. UBANK is a payment service app with more than 16 million downloads and UBCOIN is part of it. UBCOIN is the segment of latest features on the UBANK platform. The sellers can create a dashboard on the storefront section which may consist of product categories and product description. Seller account management section and buyer account management section are two different set of tools provided to the users of the platform.
They will employ various marketing strategy for the adoption of the platform in the market. The revenue stream for the platform includes paid advertising and commission fees. Ethereum Smart contract is used by the platform for making the transactions on the platform secure and transparent. The billing system, anti-fraud system, ad platform, auction platform and customer support are the different system modules of the platform. Giving users of the platform the power to utilize cryptocurrency other than investment is the aim of the platform. The circulation of the tokens on the platform will create demand for the services offered by the platform. Given the nature of services offered by the platform, there are many other applications developed by the team in the past.
They have a strategic partnership with multiple companies, such as Samsung and fly. Legal marketplace, open community, P2P interaction and decentralization of transaction and settlements are the key features of the platform. Their target audience is the people using a smartphone and conducting their life using digital tools. Various tools for the security and stability of the services are utilized on the platform.
ICO INFORMATION AND TEAM
4,000,000,000 UBC Tokens are created for the project. 45% of the total tokens are reserved for the Public sale. The public token sale is currently live on the platform until 14th July 2018. 40% of the funds are utilized for the marketing of the platform while 35% of the funds are spent on the product development. The team working on the project has already developed many successful applications. They are experienced and ready to innovate in the cryptocurrency world.
Mobile has revolutionized the e-commerce market. If we are able to create a payment solution for the e-commerce market, then the cryptocurrency adoption will be faster in the market. A new method of cryptocurrency spending is required since most of the people utilize the cryptocurrency for investment. The remarkable revolution started by the cryptocurrency has just begun, and people will see it’s effect in the next few years.
Governments, businesses, and individuals will have to adopt the latest technology to realize the dream of digital currency payment solution. The implementation of services offered by the platform will help in the mass adoption of the cryptocurrency in the market. Adopting the dynamic changes in the market and swiftly acting on it is the aim of the platform. I think that this will be a platform for change and action. What do you think will happen to the UBCOIN platform in the future? Are we ready to buy goods with cryptocurrency?
Website – https://ubcoin.io/
Whitepaper – https://doc.ubcoin.io/english_1.6.pdf?v3
Telegram – https://t.me/ubcoin
Published by – Etheran