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Author Topic: [ANN] [UNI] Union | Ecosystem for collaborative savings on blockchain  (Read 995 times)

Offline naturalveggies

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Introducing Union

Union will serve as a platform to provide financial product based on social capital, trust and commitments. It will run on Ethereum blockchain technology to provide autonomous smart contract, which will ease the lending, and savings process without the intermediaries. We are providing platform for users to build social trust and capital with UnI Pool, our first product, then measure social capital using our second product (Union lending Authentication), and then finally using social capital to borrow money and part of this could be UnI Pool/ROSCA and Bill Discounting.

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About Union




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Our Vision

Our vision is to create an e-democratic financial ecosystem for banked and unbanked individuals, on blockchain technology while making use of trusts, commitments, and social capital. By social capital, we mean we’ll leverage a form of economic and cultural capital where social networks are key; transaction processes are reciprocal, based on trust, and cooperation; and market agents create goods and services. Social capital is an economic scheme that leverages the economic value of the connections between individuals and organizations. The social network itself, which includes individuals who trust and assist each other, can be an influential asset.


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Market

India is one of the fastest growing Internet regions. With 400 million Internet users, it is 2nd largest Internet market in the world. India also has the largest millennial population in the world, driving the country’s mobile economic revolution. By 2025 millennial population is expected to be 42% of total India’s population, providing opportunities to server them better with technology innovation. [Morgan Stanley]

Creating an ecosystem of financial products with “Collective Investment Schemes” on blockchain technology to make the lending and savings frictionless, by removing the inefficiencies current financial system, and marketing those products to 400 Million internet users will be a real game changer.


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Meet Our Team

Team is always the critical factor for success of any project and our team members, supported by experienced advisors, are determined to develop the UNION platform to serve its users and help them save money. Meet our team and explore their Linkedin profiles here.


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ICO Structure




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Bonus Structure



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EXPLORE OUR PROJECT WWW.GETUNION.IO
JOIN OUR TELEGRAM COMMUNITY
DOWNLOAD OUR WHITEPAPER
FOLLOW US ON TWITTER
VIEW OUR EMPLOYEES PROFILES ON LINKELDIN
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