A vivid search through the history of cryptocurrency will reveal the countless mistrust between the crypto space and traditional banking systems. Due to the different concepts used by the traditional banking systems and cryptocurrency, the issue is sometimes presented in a way that shows that these two essential parties can never work together. This is because cryptocurrency is decentralized whereas the traditional banking system adopts centralization. With the progressive growth seen by the crypto space each year, it is apparent that such a great technology cannot be underestimated when it comes to finances, This is why the HubrisOne project is being developed to merge cryptocurrency and traditional banking systems in order to ensure a unified functionality between them.
HubrisOne is an android and iOS compatible app, intended to merge the traditional banking system and cryptocurrency in a more secured, intelligent, convenient, easy-to-use, and regulated way. HubrisOne believes in the concepts of both cryptocurrency and banking and does not buy into the idea that one will die off sooner or later. Because of this, HubrisOne believes that merging these two parties will yield revolutionary benefits as it unleashes the true potentials of these parties working together.
HubrisOne holds on to the idea that the world of cryptocurrency needs to be regulated in order to put the safety and security of its investors at the utmost priority. This is why the HubrisOne platform will be regulated, trusted and licensed in order to provide the helping hand for its investors/members as it maintains its banking systems as well. With the banking services and cryptocurrency working together on the same app of HubrisOne, the patronage of cryptocurrencies will skyrocket eventually.
As discussed earlier, HubrisOne intends to connect traditional banking system and cryptocurrency in a modernized way. In the pursuit of this, HubrisOne:
- Capitalize the growing usage of smartphones and the high population of the unbanked. About 40% of the world’s population is in use of smartphones — the reason behind the development of the HubrisOne app which is compatible on both Android and iOS. According to statistics about 2 billion of the world’s population consists of unbanked adults due to limited or lack of access to banking infrastructure. The HubrisOne app will solve this problem and revolutionize the access to banking system and cryptocurrency in a more convenient way.
- Merging the traditional banking and cryptocurrency will create a mutual benefit between these two parties and as the unbanked and others utilize the banking services, they will exposed to cryptocurrency opportunities. This will eventually raise the patronage of cryptocurrency and at large, create more demand and value for the cryptocurrency market.
- Opportunity for users to create instant digital bank account. The era of walking miles away to reach a banking facility and following a lengthy bureaucracy to create a bank account is over. HubrisOne app features the instant creation of bank account in GBP, USD, and EUR dominated currencies. After an approval of KYC and AML, a user is good to create an account, transact, store funds for future use, and transfer funds to family and friends for free and in a more regulated, secured, and convenient manner.
- HubrisOne uses two Blockchains making it a cross-chain cryptocurrency. Why this? HubrisOne decides to utilize the two essential Blockchains of ERC20 Ethereum and Stellar due to unique features they offer. HubrisOne will utilize the ERC20 Ethereum Blockchain for its ICO and also as a utility to gain access to HubrisOne features. Due to the instant transaction features of the Stellar Blockchain, HubrisOne decides to utilize this feature for instant transfer of funds internationally. This will eliminate the old trend of having to wait for hours and days to receive an international fund transfer.
- Secured and convenient way of converting funds. HubrisOne is an all-in-one app. This means that users will not have to send their cryptocurrencies or funds to merchants or vendors before they get the cryptocurrencies converted to fiat and vice versa. This can be done on the HubrisOne app with a single tap. Such an amazing and convenient feature you cannot afford to miss out its usage.
- One amazing opportunity is the issuing of Secured Contactless Personalized card which allows multiple accounts to be stored on it. This card has more features which can be used wherever Visa Card is accepted on a 24/7 basis.
The HBRS token is major facilitator within the HubrisOne ecosystem. It will be distributed in the following manner:
40% for Development
20% for Operations (Global contacts agents and the like)
20% for Marketing
15% for Security Infrastructure
5% for Partnerships.
For further information on HubrisOne, visit the links below:
AUTHORSHIP
Forum Username: DisWhale
