UmaChitFund - A decentralized ecosystem evolved to solve the ongoing problems in the chit industry.

in umachifund •  3 years ago  (edited)

UmaChitFund project is created by a team of highly qualified and experienced team of developers to solve the financial problems of people and help them with enough resources when they need funds for their survival. The motto is to encourage people to do savings as in crisis time this saving with interest will help them a lot. Also the needy persons can borrow from the company with a reasonable interest, what you need is to simply become a member of this growing community. This project has taken the initiative to use the blockchain technology in Chit fund arena so as to create a decentralized ecosystem. UmaChitFund is a blockchain based digital chit fund company established in 2019. With UCF we provide various benefits to the holders which includes lowest interest rate borrowings, joining of various chit rounds, gaining profits for locked capital in the chit rounds and much more.

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UmaChitFund platform is rising as the most promising project with unique features on blockchain technology. We all need and appreciate the initiative of this project which serves the users with its sound concept and provides unique development opportunities, Fast output speed, data protection. UmaChiFund Platform makes chit funds stand out of the queue from other financial sources as it provides Minimum interest rate on borrowing, Maximum interest rates on lending's, Zero documentation borrowing, etc. Handy platform which take care of safety and privacy of its users. This platform has created an ecosystem which is totally transparent in its functioning. All the data and information executed on this platform are available for its authenticity. And whole data is stored in user's account via technically advances smart contracts and nodes of this innovative platform.

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Fast, Secure and much economical platform

All the transactions are executed via smart contracts on blockchain. The transaction details are broadcast on blockchain and the date is safe and well managed in UmaChitFund platform's ecosystem. This platform allows its users to execute mutual transactions anonymously. Users need not to reveal their identity and also there is no interference of government authorities or any other third parties. By evading third parties from the scene, UmaChitFund platform is providing the dual benefits to its users. While providing Fast/safe transactions, this platform allows the transactions to be executed with low fees as now there are no hidden charges and no commissions to be paid to third parties to execute transactions. This platform is creating an open source protocol where any user can join and use the blockchain technology to its full potential and with great speed and tight security.

If you want to keep yourself updated to the all tokens you hold, then you will have to spend a very large portion of time to study all the tokens and their recent trends in the market. Also the major flaw is that market is changing every moment/day so the next time you will have to spend again lots of time to keep yourself updated of the tokens which you are holding in your wallet. This is called the pure wastage of time. This wasted time can be utilized to get the latest news of the market and to study the other new coming projects to yield maximum output from the market.

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User Handy Platform

UmaChitFund is a platform that has no analogues in the crypto currency world. It will occupy a market segment that will audit and track existing and newly created crypto currencies. UmaChitFund is such a platform which is created for the benefits of users to get them the idea and sound information in just a single click, of what is going on in the market, regarding the all tokens which they are holding in their wallets. This platform is unique of itself and will be very useful in the crypto field.

UmaChitFund platform is building a safe and efficient environment for talented professionals and investors that want to support entrepreneurs and their ideas. This idea itself is a revolution for the economic growth. Through UmaChitFund platform's unique sharing-orientated platform, developers are able to collaborate on different projects and freely trade ideas, skills and procedures. This platform consists of four main sectors which are: Find a team, Freelancer, Market and Crowd funding. Dedicated to developers, community members and investors. This platform will give you more opportunities to promote brand visibility by hitting the target audience, more and people come to know about the ideas and the concept of the project and this platform earn you a higher reputation among your customers and followers and connect you with powerful partnerships already tied to the cause.

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