There are diverse ways of using crypto in the ecosystem of blockchain technology. Have you ever thought of using crypto to make payment of goods and services? It is not that easy as we could ever imagine in the real world. Getting access to crypto has never been easy for people who are new to cryptocurrencies.
In this article, I will be talking about a new venture in the crypto space that allows for easy accessibility.
Before that I want to talk about loans in crypto. You can skip to the next heading about the HubrisOne project if you are only into this project
Will it be ever easy to give loans to users on a platform? What will be the requirement?
In reality, crypto is about anonymity which makes it difficult to get people’s details but these days, state laws have been applied in crypto where members are to go through a mandatory Know your Customer (KYC) process. In my opinion, this is not the best because it distorts the way Satoshi wanted us to use crypto.
Thinking deeply as well, I think it is good to go through these processes to prevent money laundering that has been the world’s biggest problem that is yet to be combated.
Who are to do KYCs, and who takes care of those documents?
This remains unclear to the whole of the crypto universe because companies just ask for members’ details and tag the members as either verified or not verified. Who verifies these companies also remain a question not clearly answered.
Will you go ahead for KYC?
I often do KYC. My hope is that the data does not get leaked into the wrong hands else, the internet is in danger. I trusted most of these KYC agents. You can also do your own due diligence before doing KYC for any project. Do not be too much interested in the promises, your data is very important. Read here: https://www.cloudmask.com/blog/data-breaches-threats-and-consequences on the consequences od data breaches
THE SUBJECT OF THE DAY, THE MISSION OF HUBRISONE AND WHY YOU SHOULD JOIN THE TRAIN
HubrisOne is all about traditional banking inculcated in cryptocurrency. This will serve as a cryptocurrency asset and fiat account management solution that makes it easy to connect your fiat current account for easy entry and exit into the cryptocurrency market.
This being said, HubrisOne will make it possible for:
**1. Increase cryptocurrency adoption internationally. Majority of people do not know the ways to get crypto in the real world. The digital world is full of scams so new members who do not know much about crypto do not want to enter into this new venture. With a project like Hibrisone, one will be able to buy and sell crypto in a few steps unlike the normal cycles that one has to pass through before getting a digital currency. This will be made possible by the ability to fund your accounts with credit cards for easy purchasing(or exchanging) your fiat to crypto
2. HubrisOne will make it very easy to connect the old system of banking which is known by a majority of people in the world. By so doing, it becomes very simple for everyone in the world to use their fiat and crypto. No need for an intermediary for unnecessary fees. You just have load everything in HubriOne App and that is all.
**3. HubrisOne will provide an opportunity for the digital world to use and store crypto as if in the old traditional system. Since depositing or storing your cryptocurrencies is the HubrisOne App does not only end it there but also serves as a current account for the user, it makes it easy for withdrawal and purchasing of products and services using the HubrisOne App. No need to transfer to an OTC merchant and wait for some hours before using your money in the digital world.
These, will make it very easy for customers on the HubrisOne platform. Some of the direct benefits of Using HubrisOne are;
Ability to create an easy bank account at no cost
Easy payment system that can be used for payment of a group of people.
- HubrisOne gives the member the opportunity to create more digital accounts on the same App. This is a feature that is not even provided by banks. Crypto is indeed better than the traditional banking system.
- Buying of crypto will become easy for members as they do not have to go through a lot of processes before buying or selling their hard earned cryptocoins.
- This is for those who like to have a history of all their transactions. HubrisOne makes it simple to check all transactions that are happening on your account. Monthly statements will be available to make you aware of your financial status.
- More features like ability to trade directly on third party exchanges will be made available but this will be for premium holders.
In conclusion, there are a lot of things that HubrisOne are putting in place. This article tackled only the mission and use case for users on the HubrisOne App. My next article will be a little deeper than this. This is to serve as a fore word before I dive into what really HubrisOne project is.
For your information, HubrisOne is giving all potential investors the chance to join their project and become a shareholder.
Become a shareholder here: https://www.seedrs.com/hubrisone1
For more introductory info, watch this video to direct you:
**For more Information, resort to the links below
Website: https://www.hubrisone.com/
Whitepaper: https://drive.google.com/open?id=1enh6bm59MXPMmQ8MVKXs68iShXD45L7p
Light paper: https://drive.google.com/file/d/1JL1D9iL1PKYzrNKq7h6h5E6yQ5r6Idbv
ANN thread: https://bitcointalk.org/index.php?topic=5039930.0
Bounty thread: https://bitcointalk.org/index.php?topic=5091901.msg48998250#msg48998250
Facebook: https://www.facebook.com/HubrisOne1
Twitter: https://twitter.com/hubrisone/
Telegram: https://t.me/hubrisonebounty
Author’s bitcointalk profile:( https://bitcointalk.org/index.php?action=profile;u=1013794
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