Introduction
Let's go to continue this blog with other project. First of all, for who missed previous entry, what's a cryptomoney? To be fast and concise, it is a digital medium of exchange. And the next question would be... What's your use? It is also easy to guarantee the security, integrity and balance of your financial statements by means of a network of agents (segmented file transfer or multisource file transfer) that verify (untrust) each other called miners, which are, for the most part, general public and actively protect the network (the web) by maintaining a high rate of algorithm processing, in order to have the opportunity to receive a small tip, which is distributed randomly.
Today there are thousands of coins on the market, already in operation, such as Bitcoin, Ethereum, Ripple, etc., but there are many thousands more that are about to leave. The former are called cryptocurrencies and can be purchased on many websites such as Coinbase, Localbitcoins, Kraken, etc. The others are the so-called ICO's (Initial Coin Offering), which can be obtained with significant discounts and price runs through small contracts and transfers through Ethereum. But there exist others those that have just been born, which are not even in the ICO phase, which launch campaigns to attract the public attention, these are the Airdrops. With this, we can get thousands of coins for free. I emphasize these because it's a way to win cryptocoins even if the market is as it is. Through this way you never lose money.
However, not all of them are worth it. We have to read well what each project is dedicated to, what is its whitepaper, its qualified advisors, etc. As we all know, blockchain technology has gained popularity due to the hype about cryptocurrencies which has shaken many startups to launch their own cryptocurrencies even without convincing fundamentals. This trend has emerged because new entrants have been more agile in adopting emerging technologies compared to incumbents who are hampered by legacy systems. However, this competitiveness and this advantage enjoyed by the new players may be short-lived, as no economies of scale are taken into account. For this reason, that is why I choose the best of them through an exhaustive study of the main characteristics.
For this reason, the project I am going to present you is UnbankedX , the world's first fully robo cryptobank serving the unbanked.
Definition
As I said before, UnbankedX (UBX)(http://www.unbankedx.com/index.html) is the first fully robotic cryptographic bank in the world that serves unbanked banks and the first bank of near-Earth objects with users from a support community of 70 countries and 700 cities.
Goals
The main objective of UnbankedX is to take advantage of blocking technology and the rise of smart mobile devices to boost a market of two million people who currently do not have access to employment and financial services worldwide. It aims to avoid the currently problems with lack of access to banking services and financing in the market, corruption, high cost of distribution and also with limitations of mobile money.
As I said before, UnbankedX (UBX)(http://www.unbankedx.com/index.html) is the first fully robotic cryptographic bank in the world that serves unbanked banks and the first bank of near-Earth objects with users from a support community of 70 countries and 700 cities.
Goals
The main objective of UnbankedX is to take advantage of blocking technology and the rise of smart mobile devices to boost a market of two million people who currently do not have access to employment and financial services worldwide. It aims to avoid the currently problems with lack of access to banking services and financing in the market, corruption, high cost of distribution and also with limitations of mobile money.
Advantages
With a fully automated system, the platform is able to:
With a fully automated system, the platform is able to:
- Overcome cost barriers and scale to many users who have been neglected
- Eliminate need for intense and costly credit assessment
- Reduce cost of managing ledgers, preventing corruption with immutability
- Avoid problems explain above: lack of access to banking services and financing in the market, corruption, high cost of distribution and also with limitations of mobile money.
Roadmap
| Date | Events |
|---|---|
| Jan 2017 | Foundation Developed idea of using crypto and blockchain to finance trade between countries |
| Sep 2017 | Expedition to Kenya. 1000 pilot users signed upt Bootstrap seed investment and prototyping begins |
| Jan 2018 | Mozambique cotton cooperative expresses interest in their 100,000 farmers. The team members are using our platform to run credit risk analysis and onboarding those that pass our autonomous logic. More countries and partnerships are added. Speaking to major mobile money telecos in the region to integrate with their 100 million subscribers. |
| May 2019 | Complete Presale. List on key exchanges. Grow users towards 500,000 |
| Whole 2019 | Release own protocol. Grow users to 1,000,000 |
Airdrop
The project gives the opportunity to earn UnbankedX (UBX) tokensperforming some social media tasks and doing simple steps from the bounty program explained into this Bitcointalk Webpage. Here (https://bitcointalk.org/index.php?topic=3039059.0) you can access to the link in order to see what are the conditions to become an early UBX contributor and start acquiring tokens.
Doesn't that sound interesting? If you are interested in this airdrop or basically in the ICO, you can read their Whitepaper here (WP_UnbankedX). You can also stay tuned in their official Telegram group (https://t.me/unbankedx). I hope you liked the post and soon I'll send you new ones.Extra details
Author Details
Email: adria.parcerisas.albes@gmail.com
Telegram username: @clauming
Bitcointalk username: adriaparcerisas
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1870482
Ethereum address: 0xC6AB45541006D53D31E25b41c7d245c5Ad99BF71
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