Union is an ecosystem for joint savings in Blockchain
Union Union Implementation will serve as a platform for the provision of financial products based on social capital, trust and liability. It will work on the Ethereum blockchain technology to provide autonomous intellectual contracts that will facilitate loans and savings without intermediaries. The community also has expertise in the offline community loan system and also in generating online financial services in the lending sector. We want to take our services to another level to provide the best experience for our platform users by leveraging the power of blockchain technology and smart contracting systems to improve the peer-to-peer lending process.
UNION is developing solutions for the lending industry by creating a P2P lending and lending model based on blockchain technology. Decentralized platforms will provide transaction security and transparency. Cryptocurrency and fiat currencies can be used for lending purposes on the platform.
The first product offered by the team is called the UNION Pool / collective investment scheme where intelligent contract-based schemes are automatically run for people. It helps in building social capital. The second product offered by the company is called UNION Social commitments where the user can make a commitment contract and get a positive score upon completion of the contract.
This helps in developing trust among platform users. The third product offered by the team is UNION Lending authentication where individual feasibility is analyzed and assessed. Algorithms are designed for this purpose that assess individual credit ratings based on many factors. Loan leniency, efficiency improvement, timely completion, transparent system, lower operational costs, financial inclusion with digital identity and lower platform maintenance and overhead are some of the many quality platforms.
Crowd Sale 80%
Union Team 10%
Marketing Cost 8%
Testing and Bounties Bug 1%
Initial Investor 1%
Budget allocation
40% 25% 12% 12% 7% 4%
Platform and Product Development 40%
Infrastructure and licenses 25%
Marketing Cost 12%
Overhead Cost 12%
Testing and Bounties Bug 7%
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