The world is not like as we see it, it has many fundamental problems. Our present financial system help rich people to get rich and poor to become more poor. Despite the new technologies evolved in the traditional financial systems but still they have many fundamental problems that people are going away from it. According to a report about 1/3 of the people are still unbanked and 2/3 of people are paying high charges for using financial services.
Our traditional financial sector is centralized, monopolies exist and charges high fee to provide services. That's why people are more rely on cash and on non financial markets; financially excluded people rely on these alternatives and government's can't be able monitor the flow of money through these markets.
Blockchain technology and cryptocurrency will provide a best solution to the above problems due to their decentralized, secured, immutible, incorruptible and unhackable nature. In blockchain no monopoly exists and the entire system is decentralized. But in order to access cryptocurrencies, one needs to have a bank account because in order to purchase cryptos through exchanges or P2P systems real money needs to be transferred. So again the unbanked people who doesn't like banks, needs to have bank accounts to access cryptocurrency. And also blockchain is still in evolving phase it needs to be scalable, faster and transaction fee should have to reduce.
Thanks to Aaron Platform which is providing financial services to everyone at free of charge; thus everyone can conveniently convert crypto to fiat currency.
Project objective
There main aim of the project is to create a decentralized financial platform to provide financial services to everyone at free of charge. Aaron platform uses stable coin and fluid coins on multi blockchain's to provide seamless services which are free from crypto market volatility.
Principle of operation
Aaron platform is making a paradigm shift from centralized financial systems to decentralized and scalable systems. In order to overcome the blockchain speed and market volatility issues Aaron platform uses stable coin and fluid coins on the platform. These coins are structured as multi blockchain's, they ensures the value stability of real financial services, security and scalability as a coin.
The multi blockchain's method has flexible main blockchain, fixed side blockchain and other Eco blockchain's for other digital assets. The main blockchain supports Everycoin, side chain supports TabiPay and Eco-chain supports other digital assets.
EveryCoin is a base/standard coin of Aaron platform. The deposit amount of EveryCoin depends on circulation volume of TabiPay and Eco-chain. The value of EveryCoin is determined by demand and supply of circulation in the market. EveryCoin is a key currency which runs on the main blockchain and it guarantees the TabiPay as like gold. EveryCoin is used to exchange it to fiat currency or to buy other cryptocurrencies.
TabiPay is a stable currency runs on the side chain. It is for financially excluded people and it helps them to create & use TabiPay accounts at free of charge. TabiPay is a independent account where anyone can freely deposit and withdraw money at any real time. TabiPay used delegated proof of stake (dPOS) consensus algorithms. The main purpose of TabiPay is to make use of cryptocurrency in mainstream real economy, it is not like other stable coins in the market whose purpose is only limited to exchanging with other cryptos. The value of TabiPay is in 1:1 ratio with Thai Baht. In order to make deposits in TabiPay, one needs to visit nearby TabiPay shop, create a safety account, make deposit with cash, this cash is escrowed and verified by partner bank in Thailand; after this users can securely make real time deposits, withdrawals, transfers and exchange at any time.
Eco-chain is a system which creates digital assets and tokens based on smart contract technology of blockchain. The digital assets include loyalty market, online/offline shopping points, cafe coupons, airline milege points, game points etc using blockchain. Which worths more than $200 billion. Eco-chain provides services which issues and manages digital assets at low cost. These Eco-chain's will become side chains of EveryCoin and thus increases the usability and value.
Aaron platform includes a cryptocurrency exchange planned to launch on March 2019 under the "Digital Asset Business Act" of Thailand. On the exchange TabiPay and EveryCoin are the base pairs as like Bitcoin and Ethereum. The exchange is open to worldwide users for trading.
Aaron platform's wallet allows to manage real accounts, cryptocurrencies and digital money. The wallet is also linked with global payment cards incorporation with banks and financial services. The service is available for everyone and this doesn't require any credit history in Thailand.
ICO details and timelines
• Token ticker: EYC
• Platform: ERC20
• Token coins issue: 88,800,000,000
Token distribution
Team
Roadmap
Conclusion
Apron platform is committed to provide decentralized financial services for financially excluded people at free of charge. With this they also can benefit and make their lives easier. Aaron platform helps to make use of cryptocurrency in mainstream real economy with EveryCoin and TabiPay. TabiPay provides 30,000 transactions per second at very low fee. It is a very promising project to invest. It is a very top rated project and reached it's Softcap.
Learn more about Aaron Platform:
Website: https://www.everycoin.io
Read Whitepaper: https://www.everycoin.io/pdf/Aaron%20Platform_Whitepaper_v1.0.pdf
ANN thread: https://bitcointalk.org/index.php?topic=4756457.new#new
Telegram: https://t.me/aaron_platform
Blog: http://blog.everycoin.io/?m=1
Facebook: https://www.facebook.com/aaron.jin.5895
Twitter: https://twitter.com/AaronJin20
LinkedIn: https://www.linkedin.com/in/aaron-jin-17261716b
Reddit: https://www.reddit.com/user/EveryCoinICO
GitHub: https://github.com/aaron-platform
About Author:
Bitcointalk username: Abhijeetcg
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1676105;sa=summary
ETH address: 0x96e95a1F40cf5a50178053740ADE18046815362d
