Introduction
Have you ever been to troubles where your friends together helped you to get out of it? No matter if the problem is big or small, everyone somehow helps in one way or the other.
Your trusted contacts or the closed ones whom you know are always ready to help you whenever you need them.
Now imagine a platform where you have a whole group of such people while you have an idea in your mind with great future potential in terms of business while those people trust you and your idea and invest upon you? Sounds like a fairyland?
Well, Union is one such platform which has been doing the same for you. It is an ecosystem for collaborative savings based on blockchains. Its vision is to utilize trust of the people which the investors will do on the product or the whose idea it is, promises they will male to each other and social capital to create a democratic financial ecosystem on blockchain technology for financially strong or weak individuals
Features of Union
Smart contract which is a binding contract and is secure and safe while it monitors the basic working of the platform.
Decentralized which helps it to work globally for all the individuals.
Auditable as it can be audited easily.
Encrypted so that your data is safe and secure.
Transparent so that people can know what actually is going on at the ground level.
How does it work?
Union is a blockchain based platform which basically works om four of its products
Union Pool – Basically it is a decentralized platform for collective investment schemes. Schemes will run using smart contracts to automate and save the lending process. It will have all the features of chit chatting, funding, bidding and assigning the projects while it will monitor all the working of the platform efficient.
Union Social Commitment – It works on the basis of a social ranking which is given to the individual of the platforms after the completion of smart contract. More the trust, more the people you will have to invest in your idea. More will be the connection which will be used ahead.
Union leading authentication – It also works on the basis of rankings which is given on the basis of the worthiness of a user on a platform that includes timely payment of other scheme funds, other projects and their social accounts. More the credibility score more will be chances of people trusting the individual and after that, they can establish their connection outside their circles too.
Union advances – An individual owning a business when once gets the credit score and gains trust then they can make their own smart contracts to be fulfilled by the people. As it is decentralized and democratized, everyone can take part in it increasing the chances of business to grow accordingly.
ICO Details
The token sale will start from 1st May 2018, and you can be a part of this saving platform very easily and conveniently. The token sale will use UNION tokens to make transactions in the token sale event. In the month of July, the token sale will be over.
Conclusion
Trust as said by everyone is an important aspect of life to make connections and when the connections can be used to make your business work, then the connections are worth it.
Union has been doing the same from the very starting by telling people, who to trust and who not to with their projects and building a platform to exchange trust and commitments over the same. As the team's mission is to improve financial inclusion of individual by leveraging the blockchain technology and it is dedicated to doing so too.
As the team believes that Together we can, so come and join this platform and give your business idea a head start with your most trusted ones through UNION: A company, you can trust.
Website - http://www.getunion.io/
Whitepaper - http://www.getunion.io/Union_Whitepaper.pdf
ANN - https://bitcointalk.org/index.php?topic=3123614.0
Telegram - https://t.me/UNI_Token
Profile - https://bitcointalk.org/index.php?action=profile;u=972438
Welcome.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit