Technology is rapidly growing and changing. We are aware of the fact that more and more companies are using technology to facilitate their transactions.
The most prominent economic entities such as; Amazon, e Bay, Alibaba, Lazada etc. They achieved their success thanks to e - commerce.
In order to make transactions easier, developers have created new payment solutions such as; PayPal, Alipay, Visa, Mastercard, etc., which enabled users to have better and easier online shopping.
Transparency provided by the blockchain technology coupled with the Ethereum Smart Deal, will help develop e-commerce in a completely new way.
By combining blockchain technology with ecommerce, it will surely increase business efficiency. The revenue for the seller will increase, and the cost of the customer will be reduced.
There are many ways in which blockchain technology can be used to improve payment. For example, there are virtually no exchange costs in U HUB. The HUB minimizes all transactions close to zero.
The HUB is an ecosystem consisting of:
· Hub Exchange
· Hub Connector
· Hub Marketplace
Users in the ecosystem can exchange goods and services through the Hub Exchange transaction exchange portal.It goes that the main method of payment on the platform is HUBcoin. At Hub Exchange, users can trade, buy, sell HUBcoin directly with anyone in the world.
This decentralized exchange function eliminates the burden of compensation, exchange transaction fees, bypassing traditional exchanges.
HUBcoin will be based on a centralized exchange rate.
Using Hub Exchange, the user can be a buyer or a seller. With the option of paying to track consumer habits, users do not have to carry cash with them.
Companies can also use the UHUB ecosystem to find as many potential customers as possible and can provide their services to most users in the UHUB community.
Enterprises can connect with others in UHUB so they can develop relationships and partnerships with other organizations. This will greatly increase efficiency and productivity in the global economy.
UHUB is conceived as a safer, cheaper and faster e-commerce option that allows users to find everything they need in one place.
Graphical representation of the UHUB ecosystem.
1. HUB EXCHANGE
HUB Exchange is a solution to the problem of using too many different virtual currencies. Users will be able to keep hundreds of different virtual currencies in one wallet. Wallet is designed to save time and make transactions easier.
Also, HUB allows for easier exchange of virtual currencies, using APIs from a variety of trading platforms such as: Poloniex, Bitfinex, Bittrex, Kraken and others.
Users do not have to register an account on the trading platforms, if they want to exchange directly on a particular trading platform, they can all through the Hub Exchange. As far as payment to users is concerned, only the standard fee fee specified for this trading platform will be charged.
HUB Exchange system.
As for deposits, users can use different types of crypto currency or fiat falutes on their HUB Exchange account and can create different altcoin addresses that allow them to receive, store and track their transactions with other users.
Thanks to the Send option, users can send money to friends, partners, or pay for services using Hub Exchange.This feature will help users manage transactions, recipient addresses, and track their transactions via Etherscan.io - explorer
HUB Exchange Application
With the Withdrawal option, users can transfer money to a bank account, another online account, or transfer to another national currency of their choice.
Exchange Bitcoin / Altcoins, with this user, can exchange crypto currencies with different trading pairs in the Hub Exchange, including Hub coins.
2. HUB CONNECTOR
Money exchange, allows for the dissemination of crypto values between Peer-to-Peer I and allows users to trade in digital currencies or currency currencies between themselves.
Ticketing service, thanks to this online shopping, is now safer thanks to Blockchai Solution.
Hotel services, with the help of this system, will be able to reserve a hotel room as well as to earn from booking hotels, issuing ticket and money exchange while traveling.
3. HUB MARKETPLACE
If the manufacturer delivers the product to the consumer, they choose the delivery method itself to the address provided by the customer at the time of payment.
For those who want to buy, HUB Marketplace is a place where there are various types of affordable products. The Hub uses smart payouts that allow users to make payments quickly.
ICO structure
There will be a total of 1,156,789,000 HUBs. From this offer 680,001,200 HUB will be on the list for sale as part of the pre-sales and sales events with 476,787,800 HUB will be in reserve by the company and introduced to the market in a variety of ways, including awards, team exclusivity, testing and management of benefits in the future.
· Start of sale November 25, 2017
· Completion of sale December 25, 2017
· Additional time if soft cap is reached: 72 hours.
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The Hub was created on the basis of Ethereum.
The HUB token code has been developed on the basis of Ethereum, which is a digital tool. Hub token code brings community-based values and is applied on the HUB Marketplace system, the HUB Exchange system and the HUB Connector.
All costs, such as infrastructure and miners, depend on the Etereum network. Ethereum blockchain also determines transaction fees and transaction rates.
I hope I've explained this post a bit to the HUB. :)
You can visit these links to find out more about U HUB and what are its benefits.
https://www.facebook.com/uhub.io/
https://github.com/uhubproject/Uhub-WhitePaper/blob/master/EN-White-Paper.pdf
https://twitter.com/uhub_io
https://t.me/uhub_io
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