Last year, the “cryptographic market” has received positive signals from the international market, which is seen as an efficient, safe and cost-effective way to pay. This is most evident by having more and more people who have a desire to keep their passwords, the number of cryptocurrency holders is projected to increase nearly 10-fold, from the current 22 million to 200 million worldwide by 2020. The simplest way to become an owner of cryptocurrency is by selling goods for crypto. This approach will drive mass adoption in the coming years.
There is a huge need to spend that wealth by buying real goods for crypto. Nearly half of current sales are in markets, while mobile commerce will soon overtake traditional trade, with 65% of commercial transactions expected to be online in 2020.
The goal of their company is to empower consumers around the world to invest in crypto and to enjoy the purchasing power of their crypto investments by creating a Ubcoin digital marketplace where they can freely and securely buy and sell goods for cryptocurrency.
How Does Ubcoin Work?
As far as it goes — every second smart phone sold in CIS countries comes pre-packed with the UBank application already pre-installed onboard. UBank is one of the most common default applications and the next phase is the creation of the Ubcoin Market in the already existing Ubank application. That naturally means, there will almost instantly be over two and a half million users with the app installed on their phone.
As of today, Ubank already has the inside understanding on how to treat investors the right way and also deliver them the promises they make. With more than 16 million people who have downloaded the app on a worldwide basis, they know what they’re doing. And out of those more than 16 million downloads, over 5 million of them are now registered users who are actively using the app. On top of that, more than 20 million transactions are processed by Ubank’s system every year since the year of 2013. That’s a steady, consistent user base that has been happening for more than 5 years now.
The ecosystem for Ubank is designed for exchanging goods to turn them into cryptocurrency and then back again if need be. The platform and application are successfully bridging the gap that has existed between the real world and cryptocurrency.
The Ubcoin marketplace is where the bridging of the gap is happening. It’s the next leap moving forward for the Ubank application. And now they are one of the leading mobile payment applications in Eastern Europe.
Thanks to the Ethereum Blockchain technology, and i’s security plus efficiency, the exchanging and trading of the UBC cryptocurrency is working better than ever. This is also improved due to the peer to peer based smart contracts that are making the platform even more attractive for the users on it. It works great for buying goods with cryptocurrency and vice versa. Ubcoin’s Marketplace is soon going to become a part of the Ubank Application as a new feature.
This will hopefully encourage the mass adoption of the app as they promote it along with the digital assets that are a mean for investing and a means to create settlements both. The peer to peer interaction will be used to cut out as many of the intermediaries as possible. And the platform in turn will also help to facilitate the execution of simple yet advanced smart contracts that operate between two different independent parties involved.
It’s ideally going to help turn it into a legal marketplace complete with AI technology that is going to be used to pre-screen the posting placed by sellers to protect people from possible infringements of reason, morality, safety and ultimately quality, well deserved care for all parties involved.
Now, as if this isn’t enough — the platform will also give users the opportunities to truly benefit from the decentralized network. The initiation and settlement of the company and the successful fulfillment of transactions as well as payments are going to immediately increase upon the performance running under the smart contracts.
It’s a very durable, reliable and downright impeccable interface that is designed to bring harmony as well as the seamless experience of buying and selling real goods online all over the world.
With the open community, the goal has been striving to open their API, so as to develop the best adaptations of the platform being idealized for the specific local needs of the users. They also have a vision of improving engagement of different third-party providers like delivery companies and notaries. You can download the application on the app store or get it on Google.
Details of the Ubcoin ICO (UBC Token)
Once again, you can join the private pre-sale ICO to get a 57% discount on the price of the Ubcoin Token. And if you wait, the whitelist investors will get a smaller although still excellent 29% discount off the price of the token.
Additional information :
Website : https://ubcoin.io/
Whitepaper : http://doc.ubcoin.io/whitepaper.pdf?v1
Facebook : https://web.facebook.com/Ubcoin-838741126308809/?_rdc=1&_rdr
Twitter : https://twitter.com/ubcoin
Telegram : https://t.me/ubcoin!!