UBCOIN: A EBAY LIKE PEER TO PEER MARKETPLACE

in blockchain •  6 years ago  (edited)

Goodday All!!!,,permit me to introduce to you about a project that will become an integral part of Ubank , the leading mobile app in Eastern Europe and Central Asia for payments and sending money with 16 mln installations worldwide.
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This is a a global mobile marketplace for buying and selling real world goods for cryptocurrency,the ubcoin is matured company existing since 2009;there current product has over 16 million installations worldwide,the ubcoin also will enhance and reinvent existing product value proposition,also Ubank app’s unique distribution model through pre-installation by manufacturers will be scaled to new geographies,The global Ubcoin Marketplace, powered by Ethereum blockchain and the exchange traded UBC cryptocurrency, enables these endeavors with peer-to-peer smart contracts for buying and selling goods

SOME OF THE VISION OF UBCOIN
1)they intend to bring a simple and safe way to obtain a stake in cryptocurrency,just like some of the people who want simply and safe way to obtain crypto but didn't know,they are neither miners nor speculator,they are just individual who wants to invest on cryptocurrency .

2)same people are very comfortable with buying and selling on Ebay, Amazon, WeChat, Etsy, Taobao and the like. In 2016, marketplaces accounted for 44% of the world’s $2.44 trillion spent online in 2016.

3)Cryptocurrency wallets are primarily concentrated on mobile devices, with over 65% of wallets being mobile. Global smartphone penetration is projected to reach 37% by 2020.
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Ubcoin is developing a platform where smart contract technology allows the Ubcoin Marketplace, to ensure safety, executability, intractability and verifiability of a transaction, successfully facilitating peer-to-peer transactions.the ubcoin pays a very special attention to ensuring the legitimacy of goods and services sold on the Ubcoin marketplace.

Furthermore the Ubcoin is a mobile app which brings together sellers and buyers in one convenient marketplace, and facilitates payment in UBC cryptocurrency.

SOME OF THE TOOLS THE UBCOIN APP WALLET PROVIDES
*A convenient search bar which helps in searching any crypto Coin you needed.

*facilitates payments and regulates business relations between buyer and seller using a set of smart contracts on Ethereum blockchain.

*The platform will utilize the development of numerous tools for supplying rich information necessary for making decisions in regard to buying or selling products Specifically, extensive and content-rich product descriptions, seller and buyer ratings, reviews, terms of sale and
execution of smart contracts.

SOME OF THE NEW UBCOIN FEATURES OF UBANK APP;
• Product categories screens
• Product description screens
• Smart-search engine with relevance algorithms based on search string, geography, product descriptions, user reviews and ratings, and prices
• AI-based engine for pre-screening user posts, product descriptions, visual and video content.

Token details
Token abbreviation -UBC
Token name- UBCoin
Maximum supply (HardCap)-4,000,000,000UBC
Token network Ethereum -(ERC20extended)

SECURITY
1)Users required an email and password,upon authorisation the user enters an email and password,if If 2FA service is enabled, the user is to enter an additional password received via Google Authenticator or the Telegram bot.

2). In order to make a payment, it is necessary to enable 2FA service. In case of money deposit/withdrawal the system will request 2FA user password,Security keys to the wallets inside the system are stored on a separate server which is different from the one that stores the backend.

PARTNERS
Ubank has strong partnership and long term contracts with Samsung and Fly. They pre-install our app on all Samsung and Fly smartphones, including flagship Galaxy S9, in 10 countries where we operate.

For more information on ubcoin kindly visit

Website: https://ubcoin.io/

Telegram:https://t.me/ubcoin

Whitepaper:http://doc.ubcoin.io/whitepaper.pdf?v1

Ann thread:http://doc.ubcoin.io/whitepaper.pdf?v1

Facebook:https://facebook.com/Ubcoin-838741126308809/

Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2013131

Username: Osakuni

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https://doc.ubcoin.io/whitepaper.pdf?v1