ABLE - Applying BLockchain to Extend finance

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·@uraniumdavid·
0.000 HBD
ABLE - Applying BLockchain to Extend finance
[ABLE](https://www.able-project.io/en/m.index.php?lang=en) is blockchain platform with the mind of helping one and all financially  in saving, managing, loaning and any transactions that involves money.![5955d4af-64f4-4efe-b2fb-91829e54283c able.jpg](https://cdn.steemitimages.com/DQmaFzePoCxvWUSYh6S1PaAchEas959KvDUXuRdYDrv96m4/5955d4af-64f4-4efe-b2fb-91829e54283c%20able.jpg)
 [ABLE](https://www.able-project.io/en/m.index.php?lang=en) will accept any other assets that can be used in exchanging for goods and services.
The joy that [ABLE](https://www.able-project.io/en/m.index.php?lang=en) brings is that it's here to eliminate the middlemen involved in transactions, that causes extra charges in financial transaction.
[ABLE](https://www.able-project.io/en/m.index.php?lang=en) wants to take the place of banks in lending and loaning of funds, even to the extent of saving with interest this time not like the commercial bank that charges you every month for saving your money with them which they themselves use to trade and make profit without paying this customers whose funds you are using instead they charge.
In term of lending of funds, [ABLE](https://www.able-project.io/en/m.index.php?lang=en) is giving a cheaper interest that will be of benefit to the borrower unlike other financial institution that exploit the final consumer of their funds. As a borrower you would love to choose the [ABLE](https://www.able-project.io/en/m.index.php?lang=en) blockchain platform to make more profit in your business.
# OBJECTIVES OF [ABLE](https://www.able-project.io/en/m.index.php?lang=en)
Let's talk about the objective of [ABLE](https://www.able-project.io/en/m.index.php?lang=en), though in the above introduction have explianed the objective:
> [ABLE](https://www.able-project.io/en/m.index.php?lang=en) Project’s Goal is to establish a blockchain based platform
for crypto finance and wealth management.
[ABLE](https://www.able-project.io/en/m.index.php?lang=en) Project will provide crypto finance solutions to meet
both the supply-side and the demand-side.

![steemdivider.png](https://cdn.steemitimages.com/DQmfLdkScYvvk1E5xhs7YtgXLfGDqCEqzgRSGtiLrk4hr9W/steemdivider.png)
# ACTIVITIES OF [ABLE](https://www.able-project.io/en/m.index.php?lang=en)
IN FINANCE
* Investing
* lending
* salary
* credit score

IN INVESTMENT
* ICO smart contract
* Fund smart contract

IN MICROPAYMENT
* Credit / Debit Card
* Mileage
* 3rd Party Services
![steemdivider.png](https://cdn.steemitimages.com/DQmfLdkScYvvk1E5xhs7YtgXLfGDqCEqzgRSGtiLrk4hr9W/steemdivider.png)
# EXPLORATION OF  [ABLE](https://www.able-project.io/en/m.index.php?lang=en)
 [ABLE](https://www.able-project.io/en/m.index.php?lang=en) will be using a medium to carry out these activities, which include;
* [CBDC (Central Bank Digital Currency)](https://medium.com/@ableproject/cbdc-central-bank-digital-currency-issuance-of-central-banks-and-the-role-of-cryptocurrency-banks-d82cccfaf6bb)
   Issuance of Central Banks and the Role of Cryptocurrency Finance
* [ABLE’s ICO-Backed Crypto Loan](https://medium.com/@ableproject/ables-ico-backed-crypto-loan-62fb1e54b305)
* [ABLE Growth Model](https://medium.com/@ableproject/able-growth-model-9e14d9feb6aa)
* [The Blockchain Finance of the Future](https://medium.com/@brendanmarkw_7652/the-bank-of-the-future-on-blockchain-72b4690ec76b)
* [Fake Identities and Social Business Platforms](https://medium.com/@ableproject/fake-identities-and-social-business-platforms-67221d5c51f7)
* [The Pace of Banking Industry and Innovation](https://medium.com/@ableproject/the-pace-of-banking-industry-and-innovation-a05a00c610e0)
* [ABLE Token Economy](https://medium.com/@ableproject/able-token-economy-efaa1b2ebb65)
* [ABLE Finance : Exchange 3.0](https://medium.com/@ableproject/able-bank-exchange-3-0-5ff9e37ac77e)
* [ABLE Project Introduction](https://medium.com/@ableproject/able-project-introduction-b4d29fef23a3)
![steemdivider.png](https://cdn.steemitimages.com/DQmfLdkScYvvk1E5xhs7YtgXLfGDqCEqzgRSGtiLrk4hr9W/steemdivider.png)
# PLATFORM ARCHITECTURE
History and financial instruments are achieved 
by Ethereum smart contracts.

* [ABLE](https://www.able-project.io/en/m.index.php?lang=en) Application
User can retrieve and utilize financial instruments through the ABLE Application. ABLE Application runs on both web and mobile UI.

* [ABLE](https://www.able-project.io/en/m.index.php?lang=en) Structure
Smart contracts including Investments, loans, mutual funds, and profit distributions can be designed on the ABLE Framework. Various smart contracts can be browsed and registered through the ABLE Application(Web/Mobile).

* [ABLE](https://www.able-project.io/en/m.index.php?lang=en) API
ABLE system adopts the layered architecture, and permission levels will be determined according to each layer. Each layer and component can communicate via standard API’s. Pairs of API permission levels and users match Public - User, Protected - Administrator, Private - System Developer.

# [ABLE](https://www.able-project.io/en/m.index.php?lang=en) Ethereum Infrastructure
Initially, [ABLE](https://www.able-project.io/en/m.index.php?lang=en) Project will run on Ethereum, utilizing a cryptocurrency gateway and blockchain systems. [ABLE](https://www.able-project.io/en/m.index.php?lang=en) Main Net will be launched to reinforce banking/fund/payment systems.
![IMG_20180804_160826_105.JPG](https://cdn.steemitimages.com/DQmVngiMKu8XJUMrZtp2jkwrhgJg6YtQhANpB3kSLwWjr3o/IMG_20180804_160826_105.JPG)

# More Information & Resources:
* [ABLE Website](https://www.able-project.io/en/m.index.php?lang=en)
* [ABLE WhitePaper](https://www.able-project.io/data/AB_whitePaper_Eng_180502.pdf)
* [ABLE YouTube](https://www.youtube.com/channel/UChRc3KUemnVI-riPFAIOntg)
* [ABLE BitcoinTalk](https://bitcointalk.org/index.php?topic=3159298.msg32659058#msg32659058)
* [ABLE Facebook](https://www.facebook.com/ablecoinproject/)
* [ABLE Telegram](https://t.me/ABLE_Project_EN)
* [ABLE Linkedin](https://www.linkedin.com/company/13661933/)
* [ABLE Twitter](https://twitter.com/Ablecoinproject)
* [ABLE Medium](https://medium.com/@ableproject)
* [ABLE Github](https://github.com/kblockchain/)

Author: uranium David
https://bitcointalk.org/index.php?action=profile
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