For dessert, we left a description of the application and its work, so in this final part of the review you will be able to find out what the Ubcoin Marketplace will look like, how its work is arranged, how the procedure itself of buying / selling goods in exchange for crypto currency, the nearest plans of the project's founders regarding its implementation and further life.
Let's recall in a nutshell that we have already learned about the Ubcoin Marketplace from the first and second articles of the review. Ubcoin is a kind of complement to the already existing and functioning application of Ubank, which has been a success in Eastern Europe for about 5 years. The platform is intended for sale and purchase of real items and goods, which can be purchased in no other way than with the help of the UBC (UB Coins) token exchange.
The marketplace will allow users who are participants of the crypto-currency market to spend their savings effectively without high commissions and hassles with the withdrawal of the crypto currency into the local currency through the exchange. Buyers, in turn, will be able to receive the crypto currency with all its capabilities and advantages, selling its goods. And, it does not matter whether they were participants in the world or not.
The basis for the Ubcoin Marketplace - smart contracts Ethereum Blockchain, which provide proper protection of transactions, their speed and security of conduct. In addition, it is the blockade that acts as a guarantor of the reliability of cooperation between the parties so that they can safely trust each other, working directly with each other, eliminating intermediaries and high risks.
Ubcoin as a constituent of Ubank
The platform itself will not be any separate, independent application. This is a kind of addition to the already functioning mobile application Ubank, which already has about 16 million downloads around the world, making it easier for people to manage their finances, make payments and transfers.
Ubcoin App, as part of Ubank, will have its rather not weak arsenal of tools, which most often have traditional marketplaces. The only difference is that payments between the parties will be carried out through the use of a system of reliable smart contracts based on the technology of blocking. In addition, payment for goods does not occur with the help of a currency (dollars / euro, as everyone is accustomed to), but due to the project's tokens - UBC.
The application interface will include a number of tools and functions, calculated separately for buyers and sellers of goods. Such components as a crypto-currency purse for UBC-tokens are exactly what will happen to one and the other side, as they need to manage their crypto-currency assets for purchases and sales of goods.
But the rest of the functions will be calculated for each category of participants separately. So, the buyer profile allows you to view the saved goods (preferences), as well as the purchase history and recommendations based on it. The seller's profile is the tools for creating and managing posts, including advertising, as well as their statistics, which includes views, clicks, reviews and so on.
The process of buying / selling goods
The procedure for acquiring goods by the buyer is quite simple, but the presence of smart contracts that ensure compliance by all parties with the terms of the transactions adds extra confidence and reliability. The peculiarity of the Ubcoin Marketplace is that all commissions related to its use, although they are relatively low, are paid by the seller of the goods (which is very reminiscent of the tax system in the states), and for the buyer the commission is completely absent.
Most likely, this is due to the fact that buyers of goods are those participants of the marketplace who pre-purchase UBC tokens, and sellers get tokens directly from the buyers themselves.
The rest of the process of buying goods is not much different from buying a thing in an online store. The user has access to an extensive catalog of products with the ability to search by category. When he finds the necessary thing, he has the opportunity to pay for it with the help of UBC tokens. At the same time, to prevent attempts to abuse the platform, a system that prevents fraud, authorization of users within the framework of the KYC (Know Your Customer) policy, as well as a number of other security measures will function.
Near future
April 2 starts the crowdsdale of UBC tokens, after which users around the world will discover the opportunity to purchase goods using crypto currency. But it all starts with the fact that during this year the application will be tested, and after, in 2019, officially launched first in Eastern Europe, and then in the Middle East, Asia and Latin America.
FACEBOOK TELEGRAM WHITEPAPER TWITTER WEBSITE ANN THREAD MEDIUM
bakso.super
Profil link : https://bitcointalk.org/index.php?action=profile;u=1785483
ETH: 0x0A39Baaa338F9F1f5f5b4e52f82095d0dD7c94D8
For dessert, we left a description of the application and its work, so in this final part of the review you will be able to find out what the Ubcoin Marketplace will look like, how its work is arranged, how the procedure itself of buying / selling goods in exchange for crypto currency, the nearest plans of the project's founders regarding its implementation and further life.
Let's recall in a nutshell that we have already learned about the Ubcoin Marketplace from the first and second articles of the review. Ubcoin is a kind of complement to the already existing and functioning application of Ubank, which has been a success in Eastern Europe for about 5 years. The platform is intended for sale and purchase of real items and goods, which can be purchased in no other way than with the help of the UBC (UB Coins) token exchange.
The marketplace will allow users who are participants of the crypto-currency market to spend their savings effectively without high commissions and hassles with the withdrawal of the crypto currency into the local currency through the exchange. Buyers, in turn, will be able to receive the crypto currency with all its capabilities and advantages, selling its goods. And, it does not matter whether they were participants in the world or not.
The basis for the Ubcoin Marketplace - smart contracts Ethereum Blockchain, which provide proper protection of transactions, their speed and security of conduct. In addition, it is the blockade that acts as a guarantor of the reliability of cooperation between the parties so that they can safely trust each other, working directly with each other, eliminating intermediaries and high risks.
Ubcoin as a constituent of Ubank
The platform itself will not be any separate, independent application. This is a kind of addition to the already functioning mobile application Ubank, which already has about 16 million downloads around the world, making it easier for people to manage their finances, make payments and transfers.
Ubcoin App, as part of Ubank, will have its rather not weak arsenal of tools, which most often have traditional marketplaces. The only difference is that payments between the parties will be carried out through the use of a system of reliable smart contracts based on the technology of blocking. In addition, payment for goods does not occur with the help of a currency (dollars / euro, as everyone is accustomed to), but due to the project's tokens - UBC.
The application interface will include a number of tools and functions, calculated separately for buyers and sellers of goods. Such components as a crypto-currency purse for UBC-tokens are exactly what will happen to one and the other side, as they need to manage their crypto-currency assets for purchases and sales of goods.
But the rest of the functions will be calculated for each category of participants separately. So, the buyer profile allows you to view the saved goods (preferences), as well as the purchase history and recommendations based on it. The seller's profile is the tools for creating and managing posts, including advertising, as well as their statistics, which includes views, clicks, reviews and so on.
The process of buying / selling goods
The procedure for acquiring goods by the buyer is quite simple, but the presence of smart contracts that ensure compliance by all parties with the terms of the transactions adds extra confidence and reliability. The peculiarity of the Ubcoin Marketplace is that all commissions related to its use, although they are relatively low, are paid by the seller of the goods (which is very reminiscent of the tax system in the states), and for the buyer the commission is completely absent.
Most likely, this is due to the fact that buyers of goods are those participants of the marketplace who pre-purchase UBC tokens, and sellers get tokens directly from the buyers themselves.
The rest of the process of buying goods is not much different from buying a thing in an online store. The user has access to an extensive catalog of products with the ability to search by category. When he finds the necessary thing, he has the opportunity to pay for it with the help of UBC tokens. At the same time, to prevent attempts to abuse the platform, a system that prevents fraud, authorization of users within the framework of the KYC (Know Your Customer) policy, as well as a number of other security measures will function.
Near future
April 2 starts the crowdsdale of UBC tokens, after which users around the world will discover the opportunity to purchase goods using crypto currency. But it all starts with the fact that during this year the application will be tested, and after, in 2019, officially launched first in Eastern Europe, and then in the Middle East, Asia and Latin America.
FACEBOOK TELEGRAM WHITEPAPER TWITTER WEBSITE ANN THREAD MEDIUM
bakso.super
Profil link : https://bitcointalk.org/index.php?action=profile;u=1785483
ETH: 0x0A39Baaa338F9F1f5f5b4e52f82095d0dD7c94D8
