Union

About Union
Union is a collaborative blockchain saving platform that connects individuals and organizations around the world in frictional fractional ecosystems, enabling them to create and deploy a variety of non-intermediated 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 offline community loan system and also in the online financial services sector in the credit sector. We want to take our services to the next level to provide our platform users the best experience by leveraging the power of blockchain technology and smart contracting systems to improve the peer-to-peer lending process.

The Union's first initiative is to collectively place an Investment Scheme, also known as a trusted loan circle, or Revolving Credit and Savings Association (ROSCA) into the blockchain. Collective investment schemes are used worldwide to lend and save money in society, to support each other financially.

Because the existing Collective Investment Scheme works in silos in a separate community, it is traditionally very difficult to take advantage of reputations and beliefs beyond the circle of one's beliefs. With the Society's acquired social capital, it can be used across platforms, as the solution is decentralized, transparent, secure and auditable. This will help us create an ecosystem of financial products, which 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 inefficiencies in the existing system and automating various lending and loan processes. United will focus on developing a portfolio that will capitalize on social capital and human trust.

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

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

How does it work?

Union is a block-based platform that works primarily with its four products

Union Pool: in principle, this is a decentralized platform for collective investment schemes. The scheme will be run through smart contracts to automate and conserve credit processes. It will have all the chats, financing, bidding and project allocation functions, while keeping an eye on all platform operations effectively.

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

Union leader authentication: also works by classification, which is provided on the basis of the user's dignity on the platform, which includes 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 can build their connections outside their circles.

Unions move forward: someone who owns a business, when they receive a credit score and gain confidence, then they can make a smart contract of their own that will be filled by people. Due to decentralization and democratization, everyone can participate in it, which increases the possibilities for appropriate business growth.

About Tokens and ICO
Symbol: UNI
Total token supply: UNI 200,000,000,000
Token for Sale: UNI 160,000,000,000
ICO Period: May 1st to June 29th, 2018
Coins accepted: BTC, ETH, and LTC
Minimum Purchase: 0.1 ETH

Link
Website: https://www.getunion.io/
Whitepaper: https://www.getunion.io/Union_Whitepaper.pdf
Twitter: https://twitter.com/getunion
Telegram: https://t.me/UNI_Token
Bitcointalk: https://bitcointalk.org/index.php?topic=3123614.0

Author: Supreme 30 to Mars

Link to Bitcointalk's profile: https://bitcointalk.org/index.php?action=profile;u=1217694

Ethernet Wallet Address: 0xa3B3c84D899898EDffB4C9841B8079D460099242