For anyone who has used the traditional baking system, they can be able to tell how intimidating these financial institutions are. These are purely in business and the more profits they get the better for their stakeholders. The consumer has no say over their assets but that is about to change thanks to IUNO; a banking system that is powered by blockchain.
For the few who can access the convectional banks, all transactions are attached to a certain fee and by the end of the day; you end up with less what you banked if you are a short term customer. There is no equality with the rich getting favorable interest rates and the poor get slapped with high interest rates leading to a lot of mistrust in the industry.
What is so Special About IUNO?
IUNO is set usher a new era where you do not have to spend hours in a banking hall and sweet talking those human tellers who have no idea what you went through to save the little you have. IUNO vision is very simple; to provide its users with a decentralized wallet that gives them peace of mind and put them in total control of their wealth.
With the system, you will be able to transact with your peers directly and this will cut out third parties who make the traditional banking outfits a no go zone for the ordinary user. You do not need guarantors or collateral to get a loan as lending will be simplified and utterly transparent.
The system is secure and your identity and personal data cannot be access by other participants unless you grant them consent. The system is highly stable and offers enough liquidity since the economy will be backed by fiat making it a stable token. The platform is AI based and all risks have been minimized with tools that instill integrity into the system.
How Does the IUNO Ecosystem Work?
IUNI is a banking system designed to enable wallets hold different digital assets. This is a one stop shop for user financial service needs irrespective of their lifestyles and social standings. The rich and the poor get equal quality services the location notwithstanding.
With the IUNO wallet, you have all banking services wrapped together; you do not need to move to other providers for a service missing on the IUNO system. You can sent and receive funds in your IUNO wallet in real time. There are several ways to invest and earn handsome interest on the network. You can also request for a loan and you can withdraw or make payments using a debit card.
Why Use the IUNO Banking Platform
The IUNO network system can be easily integrated to affiliate merchants and use the system a simple gateway to receive or make payments or goods and services. Since the IUNO token is backed by fiat money, merchants will be protected against the volatility of cryptocurrencies.
The system will come in handy for merchants and consumers who have no access to banking facilities or those looking for a better service provider with a human face. With the system, you are not exposed to those expensive charge backs or delayed processing of payments due to your geo-location.
The IUNO token is stable since it is backed by the convectional currency. This also doubles up as a utility token that you can use to male purchases anywhere across the globe. The state of the art ecosystem has you covered and you do not need to be scared of identity theft as you interact with other network participants.
Why IUNO Banking System?
Many ordinary people have been pushed away from the banking halls by high banking charges and an alternative system is overdue. With many people living below $1 a day, banking service costs have gotten out of their reach. And a cheaper and universal alternative banking system that allows money remittance fast and safe is the only solution for these populations
With the increased internet penetration and increased use pf smartphones, IUNO is set to be a ground breaking system for the global unbanked population and those who have had bad experiences with the traditional banking systems.
Team behind IUNO Banking Project
A short glimpse at the IUNO whitepaper reveals a team well versed and all round team that combines the blockchain and banking sector expertise. The selection of the team appears to reflect on the quality of services the project is envisioned to provide. The team of developers and advisors gives the project the credibility it deserves. These are all experienced men and women who appear dedicated to the success of the IUNO banking system.
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User Name: gigpen