The Super ICO: About UNION

About Union

Union is a Blockchain collaborative savings platform that connects individuals and organizations around the world in fractional fractional ecosystems, enabling them to create and deploy a range of non-intermediation financial products and solutions. The use of our blockchain technology and smart contracts based on ethereum has created solutions.

Union has shaped its expertise in the off-line community loan system as well as in the online financial services sector in the credit sector. We want to provide our services at a higher level to provide our platform users with the best possible experience by leveraging the power of blockchain technology and intelligent contracting systems to enhance the peer-to-peer lending process.

The first initiative of the Union is to collectively place an investment system, also known as the Trust Loan Circle, or the Revolving Savings and Credit Association (ROSCA) in the blockchain. Collective investment schemes are used around the world to lend and save money in society, to support themselves financially.

Because the existing collective investment system operates in isolation in a separate community, it is traditionally very difficult to take advantage of reputations and beliefs beyond the circle of beliefs. With the acquired share capital of the Company, it can be used on several platforms because the solution is decentralized, transparent, secure and verifiable. This will help us create an ecosystem of financial products that users can use based on their reputation.

Mission

Increase the financial inclusion of a person using blockchain technology. They intend to do this by eliminating the inefficiencies of the existing system and automating various loan and loan processes. United will focus on developing a portfolio that will capitalize on social capital and human trust.

the project's objectives

The EU project aims to provide an alternative solution for decentralized loans to individuals and small businesses using innovative technology channels. The Union Blockchain payment system is compatible with the encrypted currency and money.

Characteristics of the platform

Smart contracts, which are binding and secure contracts, while controlling the main work of the platform.
Decentralized, which helps you to work globally for everyone.
Checked as it can be easily checked.
Encrypted to make sure your data is safe.
Transparent so that people can know what's really going on at ground level.

How it works?

Union is a bulk platform that works primarily with its four products

Union Pool: this is in principle a decentralized platform for collective investment schemes. The system will be managed through smart contracts to automate and maintain credit processes. It will have all the functions of chat, financing, bidding and project allocation, while keeping an eye on all the operations of the platform in an efficient way.

Allied social obligations. It works on the basis of the social rankings assigned to individual platforms upon completion of smart contracts. More confident, more people need to invest in your idea. More connections will be used in the future.

Union Leader Authentication: Also works by classification, which is provided based on the user's dignity on the platform, which includes the timely payment of other plan funds, other projects and their social accounts. More trust points will make it more likely that people will trust individuals, and after that they will be able to build their connections outside of their circles.

Unions are moving forward: someone who owns a business, when they get a credit rating and they gain trust, they can then make a smart contract that will be filled by people. Thanks to decentralization and democratization, everyone can participate, which increases the opportunities for appropriate growth.

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