UNION: Bill discounting platform on Blockchain- Peer-to-bussiness market-place.

Welcome my dear friends. Today I would like to tell you about a unique project. Under the control of the strongest team. These guys offer a very technological product. And look at the investment potential, it is huge. Recently, we have not heard anything about cryptocurrencies, and today, every day we see advertising of new platforms and projects.
And, not surprisingly, every new project, strive to become better than the previous one!
So Union is definitely a good project. The Union project play a significant role in unlocking the blockchain technology potential for community-based lending and savings on trust and social capital. before i take you further on this project lets take a look at this video below.......

https://youtu.be/vxchbQzljbE

UNION
Union is a decentralized peer-to-peer lending and savings marketplace platform, which connects borrowers and lenders from all over the world in a trusted, fast and uncomplicated manner leveraging the benefits of Smart Contracts and Blockchain technology. it is an Indian company targeting Indian market, of approximately 400 Million Millennial, and market size is around 200 Billion USD.
Union has established expertise in offline community lending system and as well in generating online ifnancial services in the lending sector. We want to take our services to another level to give the users our platform the best possible experience by leveraging the power of blockchain technology and smart contract system to improve the peer-to-peer lending process.
Union first initiative is to put Collectively Investment Schemes, also known as trusted lending circle, or Rotating and Savings Credit Association (ROSCA) on blockchain. Collectively Investment Schemes is used around the world to lend and save money within communities, to support each other financially.

GOAL
The Union project aims to provide an alternative decentralized lending solution to individuals and small businesses with the use of the innovative blockchain technology. The Union Blockchain lending platform supports both Cryptocurrency and fiat money.
They helps in Creating a large, peer-to-peer financial institution that makes use of machine learning to tackle the high-priced lending issues within conventional financial organizations. Union in this manner, hopes to directly address the needs of the 21st century financial services consumer.
Make lending easily accessible for those who need liquidity and have the ability to repay.

VISION
To create an e-democratic financial ecosystem for banked and unbanked individuals, on blockchain technology while making use of trusts, commitments, and social capital.

MISSION
Our mission is to improve the financial 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.

PROBLEMS
Time-consuming process
Intermediaries Fees
Potential of fraud
Duplication of effort

SOLUTION
Instant transaction settlement
Fraud proof transactions
No Intermediaries
Trusted and secure
Speedy Loan Approval
Decentralized and Anonymous
Real time transaction tracking

TOKEN SALES AND ICO
The Token Sale is an innovative crowd-funding model that allows startups to sidestep traditional early seed investment. During token sale events, a new crypto currency project sells part of its crypto currency to early adopters and believers in company’s mission, in exchange for funding. It has become a well-respected method to raise fund to start or scale a company.
The Union (UNI) Token is a token on Ethereum platform. It is ERC-20 compliant, and follows widely adopted token implementation standards. Ethereum is a popular cryptocurrency and blockchain system based on the use of tokens, which can be bought, sold, or traded. The ERC-20 defines a common list of rules for all Ethereum tokens to follow to accurately predict how new tokens will function within the larger Ethereum system.
The token sale will start from 1st May 2018, and you can be a part of this saving platform very easily and conveniently. The token sale will use UNION tokens to make transactions in the token sale event. In the month of July, the token sale will be over.

TOKEN DETAILS
Token Name - UNION (UNI)
Max Number Of Tokens - 200,000,000
Token Sale Start Date - 01-05-2018
Token Sale End Date - 31-07-2018
Maximum Cap - $5,000,000
Token Rate (1 UNI) - $0.03125
Currencies Accepted - BTC, ETH, LTC
Minimum Contribution - 0.1 ETH
Contract Type - ERC20
Bonus Program - Yes

UTILITY TOKEN DISTRIBUTION
Eventually a steady state is reached where platform resources will be supported though the fees generated within the platform, a token is needed to secure necessary funding to development and support a robust platform.
• 160 Million Union coin will be sold to the participants on crowd sale
• 20 Million Union coin will be reserved for Union team
• 16 Million Union coin will be reserved for future marketing expenses
• 2 Million Union coin will be used to testing and bug bounties
• 2 Million Union coin will be reserved for the initial investors

0_1530857830174_wutility token distribution.PNG

UNION TOKEN
Union token is a customized and decentralized token designed by crypto lending professionals. We encourage
interested investors to be part of the token sale event as we offer bonus to those who invest during the first two
weeks of ICO.

MULTIPLE TOKEN WALLET
Union will allow users to maintain multi-token wallets on its platform. Users can hold tokens in their respective wallets, and also easily send and request tokens through a simple interface. Other services like transaction history and dashboard for monitoring will also be available. In order to provide above service, Union will directly integrate with major public blockchains. Union takes security very seriously, and utmost important is given to securely storage of Public and Private keys.
Eventually, Private keys of the users are stored in the secure database, which will be encrypted and backed-up periodically to prevent hack and loss of data.

USE OF PROCEEDS

● Platform Development - 40%
● Infrastructure and Licenses - 25%
● Marketing - 12%
● Overheads - 12%
● Testing and Bug Bounty – 7%
● Contingency – 4%

ROADMAP