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Showing posts with the label #ico

Ubcoin - The bridge between the real and crypto worlds

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The number of cryptocurrency holders is projected to increase nearly 10-fold, from the current 22 million to 200 million worldwide by 2020. The simplest way to become an owner of cryptocurrency is by selling goods for crypto. This approach will drive mass adoption in the coming years. Nearly half of all online buying and selling activity now occurs in marketplaces, while mobile commerce will soon surpass web commerce as global smartphone penetration reaches 37% of world’s population by 2020. In order to forestall that, Ubank has developed Ubcoin marketplace for buying and selling goods for cryptocurrency 1.WHAT IS UBCOIN? More and more people are getting interested in these new digital coins, however there still not enough places to spend your crypto in and people prefer to acquire more and hold them, which is not what they were created for. With a convenient place for trading and buying items, cryptocurrencies could finally become more commonly used and maybe get into the mainstr...

MONVID - A wholly new way of video streaming

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Hi guys! As we all know, streaming videos has become one of the most popular things in our daily lives. However, the current way of streaming videos was outdated with a lot of problems; therefore, a project was started to solve these all. That is Monvid. 1.FIRST AND FOREMOST, WHAT IS MONVID? The monvid platform is a decentralized community network which uses the blockchain technology to cut-pass restrictions, filters, and censorship to deliver a video streaming service platform that is easy to use and advert free. The founders wanted to give people the experience of watching their favorite videos without any restrictions irrespective of where they are. Their vision was to use the blockchain technology. 2.HOW DOES IT WORK? Monvid platform is going to be developed to function in 2 different ways: Peer-to-Peer Video Sharing: This allow content owners and video creator to share their videos for everyone to see for free without any fees and this video can then be rewarded by th...

PROBLEMS OF TRADITIONAL CREDIT BUSINESS AND THE SOLUTION: DISTRIBUTED CREDIT CHAIN (DCC)

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As we all know, credit business has played an essential part in our lives for a very long time. However, the credit business in every country is replete with loopholes at every stage of the process, such as unclear rights and interests, high operating costs, inefficient operations, untrustworthy credentials, and privacy leaks. That's why Distributed Credit Chain (DCC) was organized, to solve all problems of traditional credit business. 1.WHAT IS CREDIT BUSINESS? Definition of credit business: a credit activity where in the holder of certain currency positions temporarily lends an agreed-upon amount of money at an agreed-upon interest rate to a borrower, who repays the principal and interest according to the terms and period as agreed. The fundamental function of the credit market is to adjust temporary or long-term funding shortfalls. Within the credit market, assets and capital can be properly allocated, allowing the smooth functioning of our economic system. The history ...