The current holders of cryptocurrencies today are estimated to be around 22 million and that number is said to grow exponentially to over 200 million in the next 2 years, compare that to the 7 billion people on the planet today, you did realise that cryptocurrency industry is still in its early adoption stages, even though it controls over $300 billion on the digital market today.
AN OVERVIEW
I believe we all know the history of cryptocurrencies, how bitcoin rose with the invention of blockchain in 2009 and since then the industry has been booming.
Cryptocurrency has made life better since its inception I must admit, from creating a decentralized global platform where everyone is in control of his own wealth and opportunities and also providing a safe and secure way of saving and making transactions.
Today as technology progresses, major industries have begun to see the great potential the blockchain and cryptocurrency as a whole hold, and they have been gradually integrating these services (blockchain and cryptocurrency) into various sector of business, from the banking sector to other sectors worldwide.
Today, as I mentioned earlier, although the cryptocurrency industry has seen tremendous growth, there is still a lot of grounds it needs to cover in respect to its users.
The fact that the cryptocurrency industry has a difficult means of entry, prevents a lot of users (newbies) who lack the means or knowledge of entry to get into the system, today, however, UBCOIN aims to change all that.
UBCOIN is an extension of the UBANK App which has been in existence since 2009 and has over 16 million worldwide installations, UPCOIN is creating a platform where buyers and sellers can engage in the process of actual online goods purchase and sellers get paid using cryptocurrency.
PROBLEMS FACED BY THE CRYPTOCURRENCY INDUSTRY
The problems faced by the crypto industry is the reason its growth has been somewhat slow, and below are a few of these challenges they face.
- Difficult means of entry; like I mentioned earlier on, the crypto industry possesses a difficult means of entry and prevents newbies from coming on board the system.
- The absence of direct cryptocurrency usage; because most people just do not want to pass to the process of trading crypto to fiat before they can spend their currency, they are swayed from coming onboard the system.
- Lack of adequate security in some wallets
With UBCOIN, the challenge of a difficulty entry system into the crypto industry will be eliminated with the use of UBCOIN PLATFORM because anyone who is a seller can easily be paid using the UBCOIN Token which can later be traded for any other cryptocurrency of user choice on other trading platforms.
UBCOIN will also provide instant liquidity because of its transactions, providing a shop for sellers of all kind of goods and services, which will drive its coin growth, this will also solve the problem of crypto users of having to convert crypto to fiat before it can be made use of, with it you can purchase goods directly with your Token.
In the UBCOIN platform, there will be a wallet where users can save their Tokens and perform secure transactions, which will be provided using an anti-fraud system powered by AI and internal regulations, also the system will require a 2FA when making payments.
With its counterpart in which the UBCOIN will be a part off, the UBANK APP which is a FINTECH, they will be providing a means by which users can request for debit cards and also source for loans from various financial institution and even purchase insurance from insurance companies.
And finally, the UBCOIN will be integrated into major distribution companies which will facilitate the delivery of goods from door-door worldwide.
FINAL THOUGHT
The UBCOIN platform has all it takes to thrive, with its partnership with Samsung, fly and other known companies, they will succeed in bringing you the best form of service you have ever known, so I will like to advise that you get on board the UBCOIN project via joining ICO while it is still on. For further enquiries please check out the following links below:
Links
Website: https://ubcoin.io/
Whitepaper: http://doc.ubcoin.io/whitepaper.pdf?v1
Telegram: https://t.me/ubcoin
Facebook: https://facebook.com/Ubcoin-838741126308809/
Twitter: https://twitter.com/ubcoin
ANN Thread: https://bitcointalk.org/index.php?topic=3109856.0
Bitcointalk userename: kelvinkent
Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=2313436
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