One of the functions of the Union is as a place for financial products providers, with the power of faith commitment based on social capital. One of the advantages is, they will run on the Ethereum blockchain technology to provide smart, autonomous contracts that will facilitate lending process, and savings without intermediaries. They have provided a platform for users to build trust and social capital with Pool, our first product, then measure social capital using our second lending product, and end up using social capital to borrow money and part of this can be a Pool of the Union / ROSCA and Bill Discounting.
ABOUT VISION
One of the Vision is to create a financial e-democracy ecosystem for individual occupied and without bank accounts, on blockchain technology while utilizing trust, commitment, and social capital. With social capital, we mean we will be useful in shaping the economic and cultural capital in which social networking is the key, reciprocal transaction processes, based on trusts, and working together, and market agents of creating goods and services. Social capital is an economic scheme utilizing the economic value of connections between individuals and organizations. The social network itself, which includes individuals who trust and help each other, can be an asset to that effect. And if we catch a glimpse of their vision, it is very clear, if they will lead to the next time, with a view of past events.
WHAT IS UNION?
Union is an Indian company targeting the Indian market, about 400 Million Millennium, and a market size of about 200 Billion USD. However, given the general ledger system of our blockchain technology, this platform is available for use by lenders around the world.
Union has expertise in the offline community loan system and also in generating financial services online in the lending sector. We want to take our services to the best experience by leveraging the power of blockchain technology and smart contracting systems to improve the peer-to-peer lending process.
PROJECT OBJECTIVES
The Union Project aims to provide a decentralized lending solution for innovative blockchain technology. The Union Blockchain loan platform supports Cryptocurrency and fiat money.
Know me better!
The main point of the Union target is the Indian Market. Wondering, why? Mostly because the Indian market is the richest with many sizes stacked side by side. Lending and Borrowing are always two sides of the same coin. But little did we know that the world of lending and sharing will change history in the future. Union brings alternative solutions for loans.
For example, A poor farmer without money and without a mortgage never lends money. This is a common scenario even today. Why is it so? Do not they have the right to take out a loan? Is not this really unfair? Well, thanks to blockchain - Union technology that ensures losses a loan. Added bonus is the mode of support currency that is crypto and fiat.
Dream Big with Union
All the Union wants to do for the people is to make the receiving and receiving process, which is to lend and borrow easily and within reach to one and all. Not to forget, they should be able to repay the loan as well. The Union aims to do so by keeping statistics intact and by overseeing analytic functions.
Later, intend to open a democratic environment. This will benefit both those who work in the bank and those who do not. It will also help in increasing financial inclusion for everyone who is tied to the environment.
Today, the world of lending has many problems working together. Union aims to remove it by offering an effective and convenient solution for everyone.
The solution to be achieved by the Union is:
This will ensure that the transaction settlement takes place in a matter of seconds.
2- Along with the transactions that happen quickly, it also ensures that the transaction process is accelerated to serve more organizations.
3- Transactions that will take place on the platform will be safe and there will be no chance of fraud.
The Union ecosystem ensures that every process that takes place within the platform is completely safe and reliable.
5- It will be easy for the borrower to track the transaction in a short time.
ICO Information
ICO will use the UNI Token to make the transition during the token sale. The value of 1 ETH will be equal to 20,000 UNI. Token sales will begin from May 1, 2018 and will continue until June 29, 2018.
Token Name ~ UNION (UNI)
Maximum Token Amount ~ 200,000,000
Sales Start Date Token ~ 01-05-2018
Ended Sale Date Token ~ 31-07-2018
Maximum limit ~ $ 5,000,000
Token Rate (1 UNI) ~ $ 0.03125
Currency Received ~ BTC, ETH,
Minimum Contribution of LTC ~ 0.1
Type of Contract ETH ~ ERC20
Bonus Program ~ Yes
THE UNION TOKEN SCHEDULE SCHEDULE
Token sales will be 2 months (60 Days), starting May 1 through June 29, 2018 or when a targeted funding value of 5,000,000 USD is reached, whichever is earlier.
Pre-Sales Token: There is also a pre-sale UNI token prior to the launch date, also known as Pre-Sales. People participating in Pre-sales will be eligible for special discounts in the form of additional discounts, as agreed. This will be the basis of the invitation only, but there will be a minimum number of tokens that need to be committed in order to qualify for pre-sales.
The token sales schedule is given below.
ABOUT TEAM
Talk about the project .. then it can not be avoided with the team name. The team has always been an important factor for the success of the project and their team members, as their team is supported by experienced advisors, determined to develop a UNION platform to serve their users and help them save money. Please read, whoever their team is through the link team below. So we understand a little bit, how they perform.
CONCLUSION
With such noble thinking, Union will surely win the hearts of many people. Lending is never easy for most of us, but with Union, it's like a dream come true for all those who have trouble getting loans from anywhere. Union makes easy one and all. With that mentioned, dive into Union adventures and get the privilege to lend you money whenever and wherever you want. Still thinking about it will only waste your time. Swipe and see the adventure along with Union.
INFORMATION COMPLETE PLEASE VISIT LINKS BELOW:
BITCOINTALK PROFILE LINK: https://bitcointalk.org/index.php?action=profile;u=1039568