Introduction
Blockchain is a decentralized general ledger. It is a computer network that has an identical copy of the database and changes its status (records) to a common agreement based on pure mathematics. All this means that there is no need for any central server or any entity we trust (e.g. central bank, notaries, banks, Paypal, etc.). The blockchain is the technological basis for all cryptocurrencies, whether Bitcoin, Ethereum, Hyperledger, etc.
An important part of the blockchain is the smart contracts, a piece of code that is stored in the blockchain network (in each participant's database). It basically defines the conditions to which all parties using the contract agreement. Therefore, if the required conditions are met, certain actions are executed. Because the smart contract is stored on all computers on the network, everyone must run it and get the same result. This way users can be sure that the result is correct.
Blockchain and Smart Contracts open many doors to new decentralized businesses and eliminates the need for expensive third parties. Many new companies are now working on this technology, and large companies are testing it in closed networks to collaborate directly with each other without the need for intermediaries.
For that reason, there is a lot of projects that are starting to use this new technology. 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 I said, 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.
Moving to the topic... Currently, millions of small farmers in developing countries do not have access to traditional financial services or only get local cash loans with extremely high-interest rates. As a result, they are deprived of the ability to grow their businesses or convert their ideas into profitable new projects.
For this reasons, I want to introduce you EthicHub (Ethix), a P2P platform based on the blockchain technology that connects lenders with small profitable farming communities around the world.
Definition and goals
As I said, EthicHub (https://www.ethichub.com/) is a transnational platform for peer loans that uses the Blockchain technology to connect lenders globally with small, unbanked borrowers.
Goals
The main objective of EthicHub is to alter the status quo by democratizing finances and making credit and investment opportunities available to all.
The idea is better understood with before/after comparison:
| Stage | Representation |
|---|---|
| Before |  |
| After |  |
Main features
| Image | Feature |
|---|---|
 | Positive Impact Projects Only |
 | Real P2P |
 | Access to the Unbanked |
 | Guarantee Fund for Investors |
 | Only-in-Success Fees |
 | Know-How in Project Selection |
Benefits
Individual investors in saturated low-interest markets seeking better profits will have access to highly solvent projects around the world. Small producers and the unbanked can benefit from lower interest rates, due to a greater supply of financing and take advantage of a credit history stored in the BlockChain.
They will have the freedom to choose between highly profitable projects in developing countries. The platform provides access to better risk investment opportunities.
| Image | Advantage | Description |
|---|---|---|
 | Democratize finances | Universal access to credit and high-yield investment opportunities abroad. |
 | Re-evaluate the Reputation | Trust and reputation transformed into assets through the qualification of the reimbursement and success records of both the Borrower and the Local Node. |
 | Humanize finances | Improvement of efficiency and transparency. Eliminate intermediaries and propose to invest only in projects with positive impact and high profitability. |
Bounty program
The project gives the opportunity to earn EthicHub Tokens performing some social media tasks and doing simple steps from the bounty program explained into the following Bounty0x Webpage here (https://beta.bounty0x.io/hosts/EthicHub), where you can access the link in order to see what are the conditions to become an early Ethix contributor and start acquiring tokens.
For more information about the project, you can visit and read their WhitePaper available here (https://storage.googleapis.com/stateless-landing/documents/EnglishWhitepaper.pdf). You can also stay tuned in their official Telegram Channel (https://t.me/ethichubeng). I hope you liked the post and soon I'll send you new ones.
Token details
Token: Ethix
Platform: Ethereum
Type: ERC20
Price in Pre-ICO: 1 Ethix = 0.38 USD
Price in ICO: 1 Ethix = 0.64 USD
Tokens for sale: 10,000,000
Platform: Ethereum
Type: ERC20
Price in Pre-ICO: 1 Ethix = 0.38 USD
Price in ICO: 1 Ethix = 0.64 USD
Tokens for sale: 10,000,000
Roadmap
| Date | Events |
|---|---|
| Q1 - 2018 | 1st Token Sale (Presale). First projects funded by our Lending Smart Contracts. |
| Q2 - 2018 | Ethic Hub Platform Alpha. Reputation Token (REP) Smart Contracts |
| Q3 - 2018 | Ambassador program. Tokenomics and Whitepaper update. Private convertible notes sale. |
| Q4 - 2018 | Main ICO. Ethix Token delivery starts 1st Exchange listing Ethix Token. |
| Q1 - 2019 | Ethix Token delivery ends. Inverse Interest Rate Auction. 2nd country Positive Impact Scoring |
| Q2 - 2019 | 1st Local Node Training Center Warranty Fund Smart Contracts |
| Q3 - 2019 | 3rd Token Sale Automated Investment System |
| Q4 - 2019 | Ethical defaulted debt collection policy. Mobile Apps. |
| Q1 - 2020 | Founders vesting period end. Loan Secondary Market |
| Q2 - 2020 | Currency Exchange Insurance Decentralized Exchange Integration |
| Q3 - 2020 | 10th country 4th Token sale |
| Q4 - 2020 | Decentralized Governance |
Team
ICO Links
Web: https://www.ethichub.com
Telegram groups: ESP - https://t.me/ethichub ENG - https://t.me/ethichubeng
Twitter: https://twitter.com/EthicHub
Facebook: https://www.facebook.com/ethichubcrowdlending/
Medium: https://medium.com/ethichub
Web: https://www.ethichub.com
Telegram groups: ESP - https://t.me/ethichub ENG - https://t.me/ethichubeng
Twitter: https://twitter.com/EthicHub
Facebook: https://www.facebook.com/ethichubcrowdlending/
Medium: https://medium.com/ethichub
Author Details
Email: adria.parcerisas.albes@gmail.com
Telegram username: @clauming
Bounty0x username: adriaparcerisas
Bitcointalk username: adriaparcerisas
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1870482
Ethereum address: 0xC6AB45541006D53D31E25b41c7d245c5Ad99BF71
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