Crypto Pacitan : UNION - Blockchain Joint Economic Ecosystem

The function of the Union is one of them as a place for suppliers of financial products, with a strong commitment to trust based on social capital. One of the advantages is that they will work on Blockchain Ethereum technology to provide intelligent stand-alone contracts that will facilitate the processing of loans and savings without intermediaries. They provided a platform for users to create trust and social capital through the pool, our first product, then measure social capital using our second loan product, and ultimately use social capital to borrow money, and part of this can be a Union / ROSKA and Bill Discounting, visit the website: https://www.getunion.io/

What is UNION

Unioin is a decentralized, peer-to-peer lending and savings market that connects borrowers and lenders around the world in a reliable, fast and uncomplicated way that provides the benefits of intellectual contracts and Blockchain technology. The platform will serve as an acosystem for banking and non-bank individuals to create and participate in various decentralized financial products.

About the Union

vision

The vision of the Union is to use trust, commitment and social capital to create a democratic financial ecosystem for block-chain technology for banking and non-banking individuals.

Integrated swimming pool

Decentralized platform for collective investment schemes. Smart contract for the automation of the savings and lending process among trusted friends.

Allied social obligations

Individuals on the platform can create contracts for commitment, and after the successful completion of the contract, people can get a positive result in relation to their social status.

Target Customer

Millennial population of India ~ 400 million.

Authentication of a credit union (ULA)

The algorithm for calculating the social status score on the basis of various factors, such as the timely payment of the previously participating Union Pool, the fulfillment of social obligations of the community, accounts in social networks, etc.

Successes of the Union (UA)

Smart contract to automate the whole process of discounting accounts. Individuals discounting the account of their own company or on behalf of the company will be able to use their social indicator in the Union to get better borrowing terms and discounts.

Our divisions

Our vision is to create an electronic democratic financial ecosystem for banking and non-banking individuals, using blockchain technology, using trusts, liabilities and social capital.

Our mission

Our mission is to improve the financial inclusion of a person using blockchain technology. We will do this by eliminating the inefficiency of the existing system and automating the various lending and borrowing processes. Union will focus on developing a portfolio that will use social capital and human trust.

Project Objectives

The Union project aims to provide an alternative solution for decentralized lending to individuals and small businesses using an innovative technology chain. The payment system Union Blockchain supports both crypto currency and cash.

Our goal is to make lending easily accessible to those who need liquidity and be able to pay for additional information, visit the technical document: https://www.getunion.io/Union_Whitepaper.pdf.

The market union

India is one of the fastest growing provinces on the Internet. With 400 million Internet users, this is the second largest Internet market in the world.

India also has the world's largest population of millennia, which led the economic revolution across the country. It is expected that by 2025 the world population will amount to 42% of the total population of India, which will make it possible to improve their servers. with technological innovations. [Morgan Stanley]