Life in this world must face with a smile

What Is Ubcoin

Greetings Community Steemit, in this new post I will present the Ubcoin project, and for more details we go to the following discussion:

Summary of the business plan

Ubcoin Marketplace is a global mobile market to buy and sell real assets for cryptocurrency It is expected that the number of cryptocurrency owners will increase almost 10 times, from 22 million to 200 million worldwide by 2020. The easiest way to become Cryptocurrency owner is selling items for Krypton. This approach will encourage mass adoption in the coming years. The market capitalization of kriptoccurrency is about $ 400 billion. There is a great demand for spending that wealth by buying things from the real world for crypts. Almost half of all online buying and selling activities are currently happening in the market, while mobile commerce will soon outperform online commerce, as global smartphone penetration reaches 37% of the world's population by 2020.

Ubcoin Marketplace is not a greenfield project, but an extension of the Ubank mobile app:

• A consolidated company, established in 2009

• Our current product, Ubank, has over 16 million installations worldwide

• We are composed of over 50 developers, top management and consulting talents

• Ubcoin will improve and rediscover the value proposition of the existing product

• Samsung and Fly have pre-installed our current product on all smartphones, sold on CIS, including the Galaxy 9 flagship. The token sale aims to increase funding to accelerate the development of an intelligent contract based on the Ethereum blockchain, from scanners based on artificial intelligence and KYC technologies, and to finance global expansion. The exclusive distribution model of Ubank applications through the pre-installation of the producers will be adapted to the new geography.

Statement of the problem

Currently, tens of millions of people have legitimate cryptocurrency. Hundreds of millions of people around the world are aware of cryptography and want to get it. Many cryptographic views as a means of investment with stunning results and others seek the benefits of digital transactions without interruptions and new business opportunities offered by blockchain technology.

The massive adoption of crypts is inevitable and imminent. The causes and credits are due to many entrepreneurs and visionaries who pursue their footsteps, including our source of inspiration and highly regarded objects, Telegram. When mass adoption is made, it will arrive sooner rather than later. Consumers need a simple, fast and secure way to get digital money

Cryptococcal capitalization ranges from $ 400 billion. But governments, banks and international payment systems around the world set clear rules for managing encrypted transactions to enable law-abiding citizens to buy and sell physical assets using their digital assets. Most of $ 400 billion is ripe for spending - converting to physical assets. The goal of our company is to allow consumers all over the world to invest in crypto and to enjoy their investment encryption purchasing power by creating the digital market of Ubcoin, where they can buy and sell freely and securely Krypt-currency.

How does it work

Ecosystem for the exchange of goods with cryptocurrency and return. We bridge the gap between the cryptic world and the real world.

What is UbcoinMarket?

Ubcoin Marketplace - the next leap for Ubank, which drives mobile payment applications in Eastern Europe. Now with the Ethereum blockchain, the UBC currency traded on the exchange and a smart peer-to-peer contract to buy things for cryptocurrency. The Ubcoin market will be part of the Ubank app as a new feature.

Crypto evaluates mass adoption

We promote the mass adoption of digital resources that are the means of completion and investment vehicles.

Peer-to-peer interaction

Cut as many intermediaries as possible. This platform facilitates the execution of intelligent contracts between independent parties.

The legal market

We are developing AI technology to pre-screen sellers' posts for a potential breach of reason, morality, security, and assistance.

Decentralization

Blockchain allows decentralized start-up, completion and fulfillment of transactions. Immediate payments made on performance based on the smart contract.

The interface is perfect

Our interface design brings harmony and a perfect experience in buying and selling items globally.

Go to the community

We strive to open our APIs to develop the best platform adaptation for specific local needs. We also expect the involvement of third-party suppliers (eg shipping companies, notaries).

Technology

The Ubcoin platform implements blockchain technology to create, manage and manage tokenised cryptocurrencies. The platform operates on an intelligent contract based on Ethereum.

Platform structure Architectural scheme The basic system module:

1) Ubcoin-ID authorization service;

2) Billing system (portfolio management, deposit / withdrawal, internal transaction);

3) Anti-fraud system (AI, internal regulations, ML);

4) Advertising platform (positioning and management, premium functionality, catalog and

search);

5) Auction platform (auction placement and management);

6) Transaction management system (registration of funds, confirmation of transactions, transaction history);

7) Moderator and administrator of the office system;

8) Customer support and arbitration system.

Authorization and security

1. User authorization requires an email address and password

a. After authorization, the user enters an email address and password.

b. If the 2FA service is enabled, users must enter additional passwords received through Google Authenticator or Telegram bot.

c. 2FA via Telegram

1. Users add UBCoinBot to their Telegram account

2. Each time the user enters the application, press the button to get the password. After that, the Telegram bot generates a new password.

3. To improve security if you suspect your user data is compromised, the bot may prompt you to submit your current location. The accepted location will be compared to the back-end software in the location of the user who is attempting to access the app.

2. Security of payment transactions and other Ubcoin operations.

A. To make a payment, you need to enable the 2FA service. In case of money deposit / withdrawal system will ask for the password of the 2FA user.

b. The security key of the portfolio within the system is stored on a separate server, different from the one containing the back-end.

Billing system (portfolio management, deposit / withdrawal, internal transaction)

1. All operations of the Ubcoin portfolio are executed in the application;

2. After registering on the system, the user receives access to the Ethereum portfolio,

which are included in the system and connected with the user. To recharge an Ubcoin

the user's wallet must enter the wallet number that he received during registration;

3. To withdraw funds, Ubcoin users must specify the Ethereum portfolios

what money is transferred. Transactions are protected by password payments

Token distribution

The maximum token supply will be distributed as follows:

5% Limited private pre-sale 200 000 000 token max

45% of public placement (ICO) 1 800 000 000 token max

Team allocation of 12% 480,000,000 tokens max

4% Bounty & Advisors 160 000 000 token max

3% Community Awards 120,000,000 tokens max

31% Reserve Pool 1 240 000 000 token max

Long-term token value

Original for the ecosystem

The original UBC Tokens peer-to-peer market ecosystem. The smart contract will not accept other cryptocurrencies.

Utility incentives

A significant part of the token is earmarked for business growth, ensuring that no new tokens come into circulation at a lower price than the original Token Sale.

Token repurchase program

UBC token holders receive a cost discount related to the size of the UBC property. Incentive for customers to buy and maintain UBC.

Pool reserve

Strong mechanisms of prevention of vesting and anti-dumping.

The team is closed

Up to 10% of the net profit of Ubcoins is transferred to a repurchase of 10% above the market price or a broader positioning.

Burn program

The cost of Ubcoin of 5% of user transactions is burned to reduce the supply of goods as the company grows.

Details Information:

Official website: https://ubcoin.io/

White Paper: http://doc.ubcoin.io/whitepaper.pdf?v1

Facebook: https://facebook.com/Ubcoin-838741126308809/