Ubcoin Marketplace | Cryptocurrency Re-Imagined
What is UbcoinMarket?
Ubcoin Marketplace - The next jump for Ubank, which leads mobile payment applications in Eastern Europe. Now with Ethereum blockchain, UBC currency traded on the exchange, and a peer-to-peer smart contract to buy things for cryptocurrency. The Ubcoin market will be part of Ubank's app as a new feature.
VISION UBCOINMARKET
- 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.
- 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.
- 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.
- Global population of digital buyers will surpass 2 billion people by 2020.
TECHNICAL SCHEME
The Ubcoin Platform applies blockchain technology to create, manage, and operate tokenized cryptocurrency and the platform itself.
PRODUCT VALUE FOUNDATION
Our product is founded on the following cornerstones:
Crypto currency mass adoption
We promote mass adoption of digital assets that are both a means of settlement and an investment vehicle.
Peer-to-peer interaction
Cut out as many intermediaries as possible. The platform facilitates smart contract execution between independent parties.
Legal marketplace
We are 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
Our interface design brings harmony and seamless experience of buying and selling goods globally.
Open community
We strive to open our API to develop best adaptations of the platform for specific local needs. Also we envision engagement of third-party providers (i.e. delivery companies, notaries)
Crypto currency mass adoption
We promote mass adoption of digital assets that are both a means of settlement and an investment vehicle.
Peer-to-peer interaction
Cut out as many intermediaries as possible. The platform facilitates smart contract execution between independent parties.
Legal marketplace
We are 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
Our interface design brings harmony and seamless experience of buying and selling goods globally.
Open community
We strive to open our API to develop best adaptations of the platform for specific local needs. Also we envision engagement of third-party providers (i.e. delivery companies, notaries)
They know how to treat investors well and deliver on their promises. Ubank was the recipient of $8 million in investments, the largest in any fintech company in its home market, in 2013. The investors exited the company in 2017 by means of a successful sale to strategic investor.
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