UBcoin Market-Cryptocurrency reimagined

in ubcoin •  7 years ago  (edited)

UBcoinMarket
Good day guys ,today i would be introducing you to UBcoinMarket.UBcoinMarket is a market place where anyone can safely and instantly sell or buy real goods in exchange for cryptocurrency.
Things you need to know about UBcoinMarket

  • UBcoinMarket is a matured company, existing since 2009.
  • The platform makes it easy for users to become a crypto investor or to spend crypto coins.
  • The platform have a mobile app called Ubank which has over 16 million installations worldwide. It is exclusively pre-installed on all Samsung and Fly smartphones, including Galaxy S9.
  • The platform has launched 3 successful business projects namely Navifon,Utalk,Ubank
  • ICO ratings considered UBcoinMarket to be low risk .
  • They are partners with prestigous companies like Samsung,LG,Mastercard,Visa,Motorolla,Hauweii..........and many others.

Vision

  1. Many people want a simple and safe way to obtain a stake in cryptocurrency, but do not know how. They are not miners, not speculators, just individuals who see added value in investing in cryptocurrency. The number of cryptocurrency owners is projected to increase from a current 22 million to over 200 million by 2020.
  2. Yet these 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.
  4. Global population of digital buyers will surpass 2 billion people by 2020.

How it works

Ubcoin is a mobile app, which brings together sellers and buyers in one convenient marketplace, and facilitates payment in UBC cryptocurrency. The Ubcoin app provides convenient search tools, 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.

What makes UBcoinMarket unique
One of the things that makes this platform unique is the market place products and they are :

  • Cryptocurrency mass adoption:The platform promotes the mass adoption of digital assets that are both a means of settlement and an investment vehicle.
  • Peer-to-peer interaction:The platform cuts out as many intermediaries as possible. The platform facilitates smart contract execution between independent parties.
  • Legal marketplace: UBcoinMarket would be developing an AI technology to pre-screen seller postings for potential infringements of reason, morality, safety and due care.
  • Decentralization:Blockchain allows for decentralized initiation, settlement and fulfillment of transactions. Payments are immediate upon performance under smart contracts
  • Impeccable interface: The interface design brings harmony and seamless experience of buying and selling goods globally.
  • Open community: Some transactions may, in the future, require additional KYC/AML procedures for execution of smart contracts for certain types of deals involving third-party providers (i.e. delivery companies, couriers, notaries). Ubcoin platform envisions seamless engagement of these parties.

Summary
The Ubcoin is a first of its kind crypto-goods person to-person exchange that is using marketplace platform so that anyone can safely and instantly sell any goods and become cryptocurrency holder or buy any goods and forget about getting fiat money first.

To know more about this project you can visit:

My bitcointalk profile: https://bitcointalk.org/index.php?action=profile&u=1811169
Wallet address: 0x11Bc482Ef059AFFAEa099FC909BcdC5b021E0393

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