You’ve probably heard quite a lot lately about cryptocurrency. If you’re like most people, it’s also not something you’re terribly familiar with. The technologies of cryptocurrency and blockchain are still in their infancies, and just like with any brand-new innovation that has the potential to drastically change how we live our lives.
Over the last couple of years the term cryptocurrency has been rapidly gaining the public eye. While cryptocurrency as an accepted payment method is still in its infancy, businesses around the world are getting on board. Cryptocurrencies or they have become commonly known “digital money” are based on the blockchain technology. This technology in simple terms creates a digital ledger of all assets, whether money, tangible properties, vehicles or stocks. The Bitcoin is the most widely used cryptocurrency but is one of many others currencies and trade is made on various digital platforms.
Let’s see why traditional financial systems not attracting the investors
A large number of intermediaries such as primary banks, brokerage firms and intermediary banks are usually involved in trading and financing activities, which means that high fees are being deducted from investors on multiple stages. Excessive bank and brokerage fees can be unattractive and debilitating for investors looking to access different markets.
Also the time is of extremely high value for people who engage in trading or seek financing. Unfortunately, due to having a highly centralized data processing structure in the financial world, a great deal of time will be lost, leading to loss in lead and edge. Additionally, local compliance standards such as KYC and AML are in some cases irrelevant or outdated when trying to comply with international compliance standards. Thus, causing significant complications for foreign investors who are looking for exposure to the local markets.
How HubrisOne will intract with that traditional financial system
Actually, HubrisOne plans to fuse traditional banking with cryptocurrency, and deliver these 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.
So, How can we briefly define HubrisOne
In short, HubrisOne is a cryptocurrency wallet and traditional fiat bank account combined into a powerful, intelligent, regulated and compliant digital Apple and Android app. We are focused on merging the benefits of these two powerful industries, seamlessly.
What is the goal
In facet HubrisOne is looing to become the world’s first cryptocurrency friendly digital bank, fully complaint and regulated within the United Kingdom.
What makes HubrisOne different than any other competitor
HubrisOne has been designed to be easy to use, secure and intelligent. HubrisOne is more than just a digital cryptocurrency friendly bank account. It’s a statement to the world that we believe cryptocurrencies are here to stay and they should be taken seriously.
Finally
There is a functional utility token known as the Hubris Token (HBRS) has been introduced by the HubrisOne team, 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.
✅Website: https://www.hubrisone.com/
✅Whitepaper: https://drive.google.com/open?id=1enh6bm59MXPMmQ8MVKXs68iShXD45L7p
✅Twitter: https://twitter.com/hubrisone/
✅Facebook: https://www.facebook.com/HubrisOne1
✅Telegram Group: https://t.me/hubrisonebounty
✅Bitcointalk ANN: https://bitcointalk.org/index.php?topic=5039930.0
Author of the article:
✅Bitcointalk username: Alex Jan
✅Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2535502
✅My Ethereum Address: 0x311EadF9A23b82dFee50aC0939DE790fd30c1197
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