UNION - Blockchain Collaborative-saving ecosystem

The function of the Union is one of them as a place for the provider of financial products, with the strength of commitment of trust based on social capital. One of the advantages is that they will run on Ethereum blockchain technology to provide smart, autonomous contracts that will facilitate loan processing, and savings without intermediaries. They have provided a platform for users to build trust and social capital with Pool, our first product, then measure social capital using our second lending product, and end up using social capital to borrow money and part of this could be a Pool of the Union / ROSCA and Bill Discounting,visit Website : https://www.getunion.io/ more information.

About Union

Vision

Union's vision is to utilize trusts, commitments, and social capital to create a democratic financial ecosystem on block-chain technology for banked and unbanked individuals.

Union Pool

A decentralize platform for Collective Investment Schemes. Smart contract to automate saving and lending process amongst trusted friends.

Union Social Commitments

Individuals within the platform can create a commitment contracts, and upon successful completion of the contract, individuals can receive a positive score towards their social standing.

Target Customer

India's Millennial population ~400 Million.

Union Lending Authentication (ULA)

Algorithm to calculate the social standing score based on various factors such as timely payment of previously participated Union Pool, fulfilled union social commitments, social media accounts, etc.

Union Advances (UA)

A smart contract to automate the entire process of bill discounting. Individuals discounting their own company's bill or on behalf of the firm, will be able to leverage their social standing score in the Union to get a better borrowing terms, and discounts.

What is UNION

Unioin is a decentralized peer-to-peer lending and savings market place platfrom,Which connects borrowers and lenders from a over the world in a trusted,fast and uncomplicated manner lavereging the benefits of smart contracts and Blockchain tecnology.The platfrom will serve as an acosystem for banked and unbanked individuals to create and participate in various decentralized finantial product.

Project Union Aims

The Union project aims to provide an alternative decentralized lending solution to individuals and small busineses with the use of the innovative blockchain tecnology.The Union Blockchain lending platfrom supports both cryptocurrency and fiat money.
Our Goal is to make lending easily accessible for those who need liquidity and have the ability to repay for more information visit Whitepaper : https://www.getunion.io/Union_Whitepaper.pdf .

Our Vission

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.

Our Mission

Our Mission is to improve the finansial inclusion of the individual by leveraging the blockchain technology.We are going to do this by removing the inefficiencies in the existing system,and automating the different processes of lending and borrowing.Union will focus on developing portfolio that will use social capital and trusts of an individual.

Market Union

India is one of the fastest growing provinces on the Internet. With 400 million Internet users, it is the second largest Internet market in the world.
India also has the world's largest millennium population, driving the economic revolution across the country. By 2025 the millenial population is expected to be 42% of India's total population, providing an opportunity for their servers to be better. with technological innovation. [Morgan Stanley]

Creating a product ecosystem associated with the "Collective Investment Scheme" on blockchain technology to make loans and frugal savings, to remove the inefficiencies of the current financial system, and to market products to 400 million users from the internet will be a real game changer.

ICO Information