Hi! everyone all over the world, as usual ! all of you know’s, I always carry you along with any information about good crypto related projects through my blog.
INTRODUCTION:
The advent of the Information Age in the 1970s allowed humanity to progress into a world in which information could flow freely, unhindered by national borders, without the need for intermediaries such as post offices, libraries and universities. We have now entered an age in which not only information, but value can flow freely without the need for trusted intermediaries such as banks, deeds offices and Central Securities Depositories (CSDs). The technology that has enabled this digital peer-to-peer value-transfer revolution is called Distributed Ledger Technology (DLT) or blockchain. Blockchain has captured the banking world’s attention with its promise to improve transaction speeds and significantly reduce back-office processes and costs. However, the true ingenuity of blockchain is the creation of the crypto instrument – one of the most fundamental game changers in banking history.
The birth of the crypto instrument allows us to question some of the basic assumptions of our current banking model and imagine a new system of banking – crypto banking – unfettered by obsolescent constraints. Removing these constraints allows us to envision the emergence of a new form of money (a central bank issued crypto currency), leading to a more stable financial system in which bank runs do not exist and deposit liabilities are anachronistic. This paper aims to provoke deep introspection about our current fractional reserve banking system and the role of central and commercial banks within this system. We hope to contribute to the discourse of practitioners in central banking, commercial banking and the blockchain industry by examining some of the principles of money, value, banking and macroeconomics, and how blockchain may impact some of these principles. We believe that the greatest benefits of blockchain in banking will only be reaped once central banks issue their own currencies onto a blockchain. Such a step will allow other assets to be issued on the same blockchain and permit a plethora of use cases to come to full fruition. Central banks have a critical role to play in unlocking blockchain’s tremendous potential.
In reference with the motion of this article, Today, I will be presenting you a particularundisputed project called: HubrisOne
WHAT IS HubrisOne?
HubrisOne is a cryptocurrency wallet and traditional fiat bank account combined into a powerful, intelligent, regulated and compliant digital mobile application. We are focused on merging the benefits of these two powerful industries, seamlessly.
We have designed HubrisOne to be easy to use, secure and intelligent. HubrisOne is more than just a digital cryptocurrency friendly bank account. It is a realistic and innovative approach to banking and cryptocurrency utilization together.
Our vision is to bring the benefits of traditional world of finance and banking and the new world of cryptocurrencies together in a new, secure, regulated and user-friendly way.
There is a need for a regulated, trusted and licensed go to solution that will help new investors to adopt into the cryptocurrency market, whilst still maintaining the importance of their trusted banking system they use on a daily basis. We know that current banking system has plenty of improvement points. We might improve their current processes and services on offer by leveraging the technology such as blockchain and cryptocurrencies.
We aim to become the world’s first cryptocurrency friendly digital bank, fully complaint and regulated within the United Kingdom.
Just imagine, your day to day banking facilities, accounts, and cryptocurrency wallets side by side. Banking made digital, secure and cryptocurrency friendly.
MORE DETAILS ABOUT HubrisOne
HubrisOne is increasing cryptocurrency and blockchain technology adoption through a simple, innovative and user-friendly platform. We enable our customers to easily access instant blockchain cross-border money transfers, multi-currency bank accounts, cryptocurrency wallets and much more.
There are many challenges originating from both cryptocurrencies and traditional banking system. These challenges prevent wider adoption of cryptocurrencies and whole world to benefit from cryptocurrencies. These challenges would only be overcome if the perception of people changed, which is almost impossible as a solution. The other option would be to implement a solution which would become a real connector between these two functional systems, offering benefits that will make processes related to each ecosystem easier, cheaper and more beneficial to participants.
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.
HubrisOne KEY FEATURES
Instant Digital Bank Accounts International Transfers using Stellar Blockchain
Secure Cryptocurrency Wallets
Secure Digital Account and Card Management Fair and Transparent Crypto-Backed Loans
Real-time Transaction Monitoring
Hubris Wealth Management Solutions Integrated Cryptocurrency Exchange Third Party
Open Marketplace
Secure Contactless Debit Card Security & Ownership of keys
HubrisOne ICO AND TOKEN ANALYSIS
Native token HubrisOne HBRS will run on Ethereum blockchain. OmiseGo infrastrucure will provide HubrisOne direct Plasma architecture, crypto-fiat interoperability, scalability and security. Stellar blockchain will be leveraged for cross border money transfers.
ICO Details
ICO TIME: 2019-01-01 – 2019-05-31
Pre-ICO token supply: 1,000,000,000 HBRS
ICO token supply: 600,000,000 HBRS
Total tokens for sale: 600,000,000 HBRS
Soft cap: 100,000 ETH
Hard cap: 6,000,000 ETH
Legal
ICO Platform: Ethereum
Country limitations: USA, China
Registration country: United Kingdom
Registration year: 2018
Token info
Ticker: HBRS
Type: Utility-token
Token standard: ERC20
Token price in USD: 1 HBRS = 0.01 USD
Accepted currencies: ETH
Token distribution
60% – ICO
17% – Team
10% – Customer funnel
9% – Bounty
3% – Reserve
1% – Legal
FUNDS ALLOCATION
40% – Development
20% – Operation
20% – Marketing
15% – Security infrastructure
5% – Partnerships
HubrisOne TEAM AND ADVISORS BOARD
HubrisOne ROADMAP
CRYPTOCURRENCY NETWORK 