[Crypto Currency] Ubcoin (UBC) - Global mobile open market through smartphone
The emergence of Bitcoin and Ethereum and the rise in prices have played a major role in raising interest in Crypto Currency. The market is still in its infancy, and the tremendous revenues that someone has certified have been enough to attract those who are looking for a big hit. In addition, the number of people who are trying to do business using block chains by seeing these people and funds are increasing steadily.
But as early as the market is lacking, due to lack of relevant laws, legal rewards, and lack of confidence in safety, people who want to enter the Crypto Currency market want a market that they can trust, trust and can trade quickly.
Ubcoin is using mobile phones from people around the world to leverage the mobile marketplace to bring these markets to life.
People's shopping culture has changed through companies such as eBay, Taobao and Alibaba who have survived since Dot-com bubble. As Ubcoin is targeting mobile, the supply of smartphones and the growth of the e-commerce market have become one of the reasons for this vision.
This structure combines the mobile sector with the ability to transfer ownership of the Crypto Currency to the sale of goods, and on the contrary, that the Crypto Currency should be easy to use for real purchases, and this condition is that the seller agrees to receive the Crypto Currency in return, By agreeing to the value of the transaction, you agree to the risk of ownership of the Crypto Currency and agree to the transaction through the Smart Contract.
Let's look at the size of Ubcoin's market. 2 billion users by 2020, 15% online retail sales, retail channels preferring digital channels, and 37% of the population by 2020 using smartphone shopping. By 2016, online shopping was $ 2.44 trillion, 44% of which was through website transactions, and UPS comScore said that 50% of US consumers would buy goods overseas.
Ubcoin is a Team that started in 2009. We developed a voice-enabled navigation app that was used for J2Me called Navifon, and we developed an interface for the SNS website, called uTalk, to provide the interface.
We developed an application called Ubank that helped us handle the work of other financial institutions and banks and handled millions of transactions a day. Based on these technologies, we plan and promote the Ubcoin Marketplace.
The basic value of Ubcoin is to promote mass adoption of billing instruments, to act as a P2P agent through smart contracts, to make legitimate transactions, to create a decentralized market environment, to a user-friendly interface, Can be seen as openness.
Ubcoin will be included in the U bank and features will be added, and each section is divided into areas. Storeforn Section Seller Account Management Section, and Buyer Account Manager Section.
UBC's existing customers will be included, but the customers and target customers who will benefit from introducing Ubcoin are those who are interested in investing in Crypto Currency, those who are concerned about procedures and security, and those who are interested in P2P online market The target.
U bank is doing business in Russia, but it is a disgrace that it is aiming at the global market by bringing in team members and advisors of various nationalities. It has great potential in emerging and developing countries such as Eastern Europe, Southeast Asia, the Middle East, Africa and Latin America.
In Ubcoin, existing UBank users are also important to take advantage of this global market, but it is also important for retailers or SMEs to be able to activate the Ubcoin Marketplace. The market is only activated if there is adequate supply and demand.
Ubcoin can be a source of incentive for retailers and companies that are in charge of supply. If consumers from all over the world come to Ubcoin, they will be able to easily enter the world market naturally. Based on this, It is expected that the business will grow as the development progresses.
Ubcoin's business model is focused on brokerage and advertising. There is no premium for the seller, no fee for the buyer, and the ad is paid for.
Ubcoin's basic platform modules consist of ID authentication system, payment system, advertising platform, auction platform, fraud prevention system, transaction confirmation system, manager system and customer management system.
Transaction settlement is kept in an escrow via a smart contract, so that it can not be sent directly to the supplier.
If a dispute arises, it goes to the arbitration service and attempts to solve the problem by placing a reputable Ubcoin user as an arbitrator. In case of an unresolved case, the Ubcoin manager becomes the arbitrator.
If you introduce a rating system, you may experience frequent problems, low ratings, suspensions or account suspension. Participation in mediation will pay a certain amount of compensation and benefit the service.
Ubcoin Marketplace Supports Consolidation and Delivery Services Ubicoin, the cornerstone of the markectplace, enables Ubcoin to increase the usability of Ubcoin by enabling it to create debit or check cards used by banks. In addition, the insurance company or the service provider of the insurance company supports payment.
App-To-Door service is also available for delivery. In Russia, UBC cards will be available within 3 days and will be introduced in the Ubcoin Marketplace.
Let's take a look at the Roadmap.
2006 ~ 2011
Through AviFon and U-bank, we started mobile navigation and settlement solution business.
Register a trademark and sign a mobile pre-installation agreement with Samsung.
2013-2014
U bank is officially launched.
Huawei, pre-installation agreement with FLY.
VC is investing $ 800 million and the number of users exceeds 3 million.
2015-2017
Launch branded cards through bank partnerships and create UMB's financial model.
Google Play Sotre records 6.10 million downloads from 12.5 million.
We also partner with Sovcombank.
2018 ~
We release a beta version of Smart Contract and seek the workforce of Ubocin.
We use existing smartphone vendor channels for MVP beta testing.
Develop the KYC framework and proceed with listing on the exchange.
Market Place starts in Southeast Asia.
2019
First quarter
Develop a beta open API and launch a formal application in Eastern Europe.
Q2
We are entering the Middle East and Korea markets.
Develop a beta version of AI scanning.
Third quarter
Southeast Asia and South Asia.
Develop an API for developers to use.
Quarter
I am entering Latin America.
We release a complete version of the AI testing tool.
2020 ~ 2022
We are launching in the North American market.
Accelerate platform growth and advance through existing online marketplace alliances.
We continuously develop technology to secure market.
Let's look at Ubcoin's Team.
CEO Felix Khachatryan is the CEO of UBANK, a payment application created in Russia. I had $ 8 million in revenue from Runa Capital or VC.
Co-Founder Mazahr is vice president of the Russian smartphone brand company FLY Mobile. Mobile and smartphone market seems to have a strong career in Russia.
Andrew Lee is one of Ubcoin's chief investment officers and a Korean person who has worked for Samsung, LG and Kakao for many years in the global global mobile market and has worked for Hae of Distribuion.
CTO Alexander Putilin was a senior engineer at Ubank and a software engineer for Rapidsoft and the Sport Alliance Group. I have no experience working as a block-chief engineer, but my career as a software developer is believed to be credible.
Yama Bassam is one of the US investors Angel Investor who has worked for Morgan Stanley's investment department and ACM Consultancy.
Maxim Filin works at Motorola's Mobile Division as a technician. Previously, he was a test engineer for Huawei and a project manager for Wileyfox in the Merdian Group.
Evgeniy Pavlov has worked for Bitfury and is a product manager, business development and sales manager for HTC, a smartphone and virtual reality business.
Oleg Bud has 15 years experience in mobile industry related departments, including smartphone related portfolio and mobile product development services at Samsung.
Ubcoin is a global online market coin using mobile called smartphone. It is also a reverse ICO with experience in developing payment solution called U bank.
Ubcoin's market strategy is to increase accessibility of applications through cooperation with smartphone manufacturers, and to pursue market access with one-click convenience.
Transactions are protected by smart contracts, and Ubcoin user systems are provided to compensate for problems when they arise, Ubcoin employees are arbitrators when unresolved, and sanctions are imposed on those who have problems .
All smartphone users with applications can be consumers, individuals and organizations that want to register can become sellers, and the concept of expanding the scale through additional market participants such as merchandise delivery or settlement system I hold it.
I do not know how much U bank is located in Russia, but I can not believe it, but it is a very good concept. Because it is in the form of open market, it is also positive that small-scale small-scale traders can participate and Ubcoin will be able to advance into the world depending on the overseas market. I also think that I was thinking about the model of business model for long-term operation.
The thing to keep in mind is whether the buyer and the seller will accept the Crypto Currency for the transaction. Ubcoin seems to have gained confidence in entering the market through a preliminary poll.
The problem with the language does not seem to be a big hindrance in the real world where direct overseas transactions are increasing, so the convenience and convenience of Ubcoin's marketing and payment solutions is a major success.
Ubicoin: https://ubcoin.io/
Facebook: https://www.facebook.com/ubcoinmarket/
Medium: https://medium.com/@ubcoin
Tiwtter: https://twitter.com/ubcoin
Telegram: https://t.me/ubcoinmarket
I have analyzed based on white paper and published information. Since there is no information that can be verified, it is recommended that individuals conduct further analysis and proceed with their own discretion.
I do not encourage individuals to invest, they share information only for reference.