HubrisOne, Crypto-Bank for Everyday Banking Needs

November 10, 2018 yarisloksyun 0 Comments

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This is the first of a series of articles aimed at providing information about HubrisOne. HubrisOne is a mobile application that combines the benefits of both the crypto currency and the traditional banking system. In this article, I would like to present information about the idea behind the project, the problems that it thinks to solve, the suggestions that will be presented and the suggestions for value, and my views on them.
The founders of HubrisOne believe that crypto currencies and fiat currencies will be integrated into one another to begin operating as a single global currency in the future. They also think there is a need for an organized, reliable and licensed platform to help new investors enter the crypto-money market. On the other hand, in both currencies, there is a lack of confidence in each other, which causes problems.
HubrisOne believes that the services and processes of the traditional banking system will be developed using blockchain technology and crypto currencies.
The HubrisOne idea emerged from these beliefs as being the first crypto-money-friendly digital bank to be fully aligned and regulated in the UK.
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Problem The 
HubrisOne team believes there are problems with both currencies.
Cryptocurrency market 
according to baby team; Lack of regulation, confidence, global financial inclusion, price volatility and manipulation are the market problems caused by the crawling period of the crypto-money market.
Cryptocurrencies and Fiat Currencies are Trying to Leave 
There is a general idea among cryptocurrency users that crypto currencies will change the currency currencies. On the contrary, the HubrisOne team does not accept this and observes that the market is developing and is trying to find a working environment between the two currencies. They also claim that it would not be easy for the crypto-parachute to go to the mainstream unless there is a reliable, secure and regulated solution to legitimize them.
Banks have Significant Importance The 
global banking system has many positive effects on people's lives; Provide secure payment networks, people buying something, providing jobs, paying salaries, moving money across the globe etc.
Cryptocurrency Ecosystem Needs a Bank We 
are experiencing payment processors that prohibit banks, credit card companies and users from dealing with crypto money businesses.
Jam and Weak Customer Service 
According to the survey (FIS, 2015), only 23% of customers worldwide are satisfied with their banks.
Extortionate Global Exchange Charges 
Banks can charge people up to 13% when they want to transfer money to a different location where another currency is used.
Profitability of Banks Becoming a Challenge The 
competition is aggressive and quickly adapting. Every customer needs a 360-degree view to effectively focus the resources of traditional banks (BoC, 2017)
Solutions and Value Recommendations 
Smartphone Usage and Non-Bank Banking Growth 
More than 2 billion adults who do not have access to a bank account. In addition, according to Statista (2016), smartphone users will grow from 2.1 billion in 2016 to nearly 2.5 billion in 2019.
The Cryptocurrency Adoption The Increased 
HubrisOne app will help you adopt the crypto currency with integrated bank accounts. The cryptocurrency market access of applications provides an easy tool for users to have a crypto currency.
Instant Digital Bank Accounts 
It is easy and fast to create a digital account on HubrisOne in GBP, USD and EUR currencies. After completing the KYC, AML users will be able to use their digital account. With these accounts, users can do anything like their regular bank accounts.
Instant International Transfers 
Stellar blockchain will be used for international fund transfers. In this way, people will enjoy extremely fast international money transfers that take place over the last 3 to 5 days of the antique process.
Secure Cryptocurrency Wallets 
Users will be able to store and access their crypto coins via the HubrisOne app. Funds can be easily transferred between the cryptocurrency wallet and HubrisOne bank accounts, and can be used globally with the HubrisOne secure bank card.
Secure Digital Account and Card Management 
HubrisOne enables users to do everything they can with a bank representative via the HubrisOne app. This will give users 24/7 full control of their accounts.
Fair and Cryptocurrency Redundant Loans 
Users will be able to borrow in the currency of the currency supported by the crypto money locked in their wallets with the HubrisOne app. Loan applications will be approved / rejected within 2 seconds without the need for credit score control.
Real-Time Process Monitoring The 
HubrisOne application will allow users to view transaction history in real-time. They will no longer have to wait for monthly statements.
Hubris Wealth Management Solutions 
HubrisOne enables users to consolidate their new and existing portfolios under one roof while also protecting fund management companies.
Integrated Cryptocurrency Exchange There 
will be an auto-exchange function provided by the HobrisOne app that enables instant exchange between bank accounts and wallets with crypto currency with a cost of 0.6%. There will be 200 crypto money and the selected sub-currencies will be launched.
Third-Party Open Marketplace The 
HubrisOne open marketplace will allow users to connect other blockchain and non-blockchain service providers. These additional services may only be owned and used by Hubris Token owners.
Secure Non-Contact Personalized Card 
Users can connect their bank cards to their bank account, cryptocurrency wallets or set their accounts to automatically spend on their candidate account with a few clicks. These cards will be able to spend anything that is included in a bank card, contactless payments, anywhere with the Visa logo, and safely with account tracking 24/7.
Security and Ownership 
By understanding such an application that requires an individual's funds to have high reliability and security, HubrisOne is built on a very strong security infrastructure. Some of the security features that can be found on the platform are; PCI-DSS Compliancy, 7/24 real-time anti-fraud machine learning account tracking, AML and KYC authentication, encrypted SSL, 2fa, AES-256 encrypted wallet and user-held private keys.
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As with most others, the crypto currency is now u Wild West Diğer. There is no regulation and there is a risk of fraud in every corner. Scam projects, unregulated services / products, price manipulation cause people to lose money. Although it offers great opportunities, the current state of the crypto-currency ecosystem does not seem sincere and reliable to ordinary people outside the crypto-currency. So it's a great idea to propose a solution to help legitimize the crypto currency.
The team believes that the crypto currency will not be dominated, as the major global currency or fiat currency will not be removed. On the other hand, they believe that both currencies will work together in the future. I don't share the same ideas with them, but the facts about it make this project good or bad. The point is that this project was realized by observing fiat money as a partner. The solution provided by the traditional banking system will bring legitimacy and reliability to the crypto currency.
Banks have been living in our lives for more than 200 years and providing many benefits to individuals and institutions. For this reason, combining crypto currency with a well-known and respected infrastructure is great as a business idea.
On the other hand, cryptocurrency ecosystem needs banking. Our bridge is still the ecosystem. Without the traditional banking system, we could not buy or sell cryptocurrency. Furthermore, the traditional banking system has no good relations with crypto-related businesses. Therefore, the HubrisOne solution would be a perfect fit for the crypto community.
Authors: Loksyun
My Profile Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=1886140;sa=summary
My ETH: 0xd0d8c8e966efC43d681a33f2536fD44AfDf8c827

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