Hello Friends, i am here again to tell you about an amazing project, as you all know that i blog about selected projects in other to make your investments worthwhile.
it is worthy of note to revive your mind to the emergence of blockchain in our world of today like i always do, then talk about the uniqueness of the project.
take a moment to read my publication and do not be afraid to invest in the project because profit is guaranteed.
Now to the usual ice breaker
Blockchain technology has gotten to the level in which the whole world cannot do without it. We have discovered that this technology is making the news headline everyday which symbolizes global and rapid adoption of this technology. But despite the greatness and potential of this technology, there are still some things that needed to be improved upon its use. We have several and different blockchain network such as bitcoin blockchain, ethereum blockchain, eos blockchain, tron blockchain and some other more. The level of difficulties associated with each of this blockchain network varies based on the type of blockchain.
We have some blockchain that are more cumbersome and difficult to use than some others, we also have some that easy to use but they are lacking some other qualities. Let’s take for example the speed of transaction which is solely dependent on the nature of blockchain transaction. Some transactions do take several hours before it could be confirmed on the blockchain network, some blockchain also charges high transaction and mining fees. This is the reason why a new team has gathered around to rectify this problem by launching a new blockchain project known as
HUBRISONE
HubrisOne, is a mobile application designed to completely revolutionise the dynamics between the cryptocurrency and the banking sector. At present there is little to no trust between traditional banking and cryptocurrency users. We plan to fuse traditional banking with cryptocurrency, and deliver the related services to the masses through an open, honest and fully trustworthy infrastructure, which is easy to use and easy to understand by new entrants into the cryptocurrency market and veterans alike.
The HubrisOne team is introducing a functional utility token known as the Hubris Token (HBRS), which will be used within the HubrisOne app and infrastructure, as a store of value, a way to transfer funds, receive platform access, discounts and used as a form of payment in conjunction with the HubrisOne debit cards.
There is a vast market opportunity which is not dominated by any new solution. We are offering easy and affordable banking solutions to the 2 billion unbanked people around the world.
There is a robust business model established depends on several revenue streams such as, membership fees, crypto-backed lending services, and open partner marketplace.
Founders of HubrisOne believe that cryptocurrencies and fiat currencies will integrate into each other to start operating as a single global currency in the future. They also think that there is a need to have a regulated, trusted and licenced platform which will help new investors to enter the cryptocurrency market. On the other hand, both currencies have lack of trust to each other which causes problems.
HubrisOne believes that the services and processes of the traditional banking system shall be improved by using blockchain technology and cryptocurrencies.
HubrisOne idea emerged from these beliefs to become the first cryptocurrency friendly digital bank which is fully compliant and regulated in United Kingdom.
Problem
HubrisOne team believes there are problems related with both of the currencies.
Cryptocurrency market is infant
According to the team; lack of regulation, trust, global financial inclusion together with price volatility and manipulation are the problems of the market which are caused by the infancy of cryptocurrency market.
Trying To Separate Cryptocurrencies and Fiat Currencies
There is a general idea among cryptocurrency users that cryptocurrencies will replace fiat currencies. On the contrary HubrisOne team do not agree this and observe that the market is evolving and developing to find an operating medium in between the two currencies. They further claim that it will not be easy for cryptocurrency to go mainstream unless there is a trustworthy, secure and regulated solution which will legitimise them.
Banks Have Significant Importance
Global banking system have many positive impacts on peoples’ lives such as; providing secure payment networks, making peoples dreams come true when its related with buying something, providing jobs, paying salaries, moving money across the globe etc.
Cryptocurrency Ecosystem Needs a Bank
We have been experiencing banks, credit card companies and payment processors banning their users to transacting with cryptocurrency related businesses.
Complacency & Poor Costumer Service
According to a survey (FIS, 2015), only 23% of the customers globally are happy with their banks.
Extortionate Global Exchange Fees
Banks may charge people up to 13% when they want to transfer money to a different location where there is another currency used.
Profitability of Banks is Becoming a Challenge
The competition is aggressive and adapting rapidly. Traditional banks now need a 360-degree view of each customer in order to focus their resources efficiently (BoC, 2017)
Solutions & Value Propositions
Growth of Smart Phone Usage and Unbanked
There are over 2 billion adults who has no access to a bank account. Besides according to Statista (2016) smart phone users will grow from 2.1 billion in 2016 to approximately 2.5 billion in 2019.
Increasing Cryptocurrency Adoption
HubrisOne application will help cryptocurrency adoption with its’ integrated bank accounts. The applications’ cryptocurrency market access feature provides an easy tool for users to own cryptocurrency.
Instant Digital Bank Accounts
It is very easy and fast to create a digital account at HubrisOne in GBP, USD and EUR currencies. After completing KYC and AML users will be able to use their digital accounts. Users will be able to do everything with these accounts like they do with their normal bank accounts.
Instant International Transfers
Stellar blockchain will be utilized for international fund transfers. This way, people will enjoy the extremely fast international money transfers which will happen in seconds opposite to the present 3–5 days lasting antiquated process.
Secure Cryptocurrency Wallets
Users will be able store and access their cryptocurrencies via HubrisOne application. Funds will be easily transferable between cryptocurrency wallet and HubrisOne bank accounts and be spendable globally via HubrisOne secure debit card.
Secure Digital Account and Card Management
HubrisOne will enable users to do everything they do with a bank representative over the phone via the HubrisOne application. This will give users full control of their accounts 24/7.
Fair and Cryptocurrency Backed Loans
Users will be able to borrow loans in fiat currency backed by their cryptocurrency locked in their wallets via HubrisOne application. Loan applications will be approved/declined in 2 seconds without the need for a credit score check.
Real Time Transaction Monitoring
HubrisOne application will enable users to see their transaction history in real time. They will no longer have to wait their monthly statements.
Hubris Wealth Management Solutions
HubrisOne allows users to consolidate their new and existing portfolios under one roof whilst maintain their fund management company.
Integrated Cryptocurrency Exchange
There will be an auto exchange function provided by the HobrisOne application which enables instant exchange between bank accounts and cryptocurrency wallets with 0.6% fees. There will be up to 200 cryptocurrencies and selected alt-coins will be available upon launch.
Third Party Open Marketplace
HubrisOne open marketplace will enable users to connect other blockchain and non-blockchain service providers. These additional services can and only will be available to Hubris Token holders.
Secure Contactless Personalised Card
Users will be able to connect their debit cards to their bank accounts, cryptocurrency wallets or set their accounts to auto-spend from a nominated account within a few taps. These cards will be able to do everything a bank card do including, contactless payments, spend at any place with Visa logo and secure with 24/7 account monitoring.
Security & Ownership
By understanding such an application which would hold an individuals’ funds need to be highly reliable and safe, HubrisOne has been established on a very strong security infrastructure. Some of the safety features which could be found on the platform are; PCI-DSS Compliancy, 24/7 real-time anti-fraud machine learning account monitoring, AML and KYC verification, encrypted SSL, 2fa, AES-256 encrypted wallet and private keys held by user.
ICO Details
ICO details
Token Symbol: HBRS
Platform: Ethereum
Price: 1 HBRS = 0,01 USD
Min.Investement: 1 USD
SoftCap: 1 HBRS = 100.000 USD
HardCap: 1 HBRS = 6.000.000 USD
Country: United Kingdom
Whitelist/KYC: KYC
Restricted Areas: USA, China
TEAM
CEO of HubrisOne is Ivan Gyimah
To Conclude
Hubrisone App is here to stay and it establishes a strong synergy between cryptocurrency and Banking, What a fantastic idea by the brainy CEO and wonderful team behind the project. i Hope i was able to sensitive you on about the project and you are willing to invest now.
if you need more insight on my overview please visit the links i provided below:
Official Website: https://www.hubrisone.com/
Facebook: https://web.facebook.com/HubrisOne1
Twitter: https://twitter.com/hubrisone
Telegram: https://t.me/hubrisoneofficial
Instagram: https://instagram.com/hubrisone
Announcement: https://bitcointalk.org/index.php?topic=5039930.0
Bounty: https://bitcointalk.org/index.php?topic=5091901
Whitepaper: https://drive.google.com/file/d/1enh6bm59MXPMmQ8MVKXs68iShXD45L7p/view
Author : Maniecool
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1692995
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