Union - Bill Discounting Platform at Blockchain

WEBSITE - https://www.getunion.io/

Why Union? 
At Union, we believe that any individual or organization with a need for liquidity and ability to pay must be able to store collaboratively without much hassle and friction. However the current model or traditional financial system, suffers the following losses :

1. Inefficient and Consumption Time 
   The process usually takes 4-5 days to finish considering the borrower has a credit history available and a good credit score. The borrower comes from his working capital until the documentation time is verified, and this becomes a manual process, very inefficient and time-consuming.
2. Expensive Intermediaries 
   Banks or agents charge a large service fee or transaction fee against the amount that creates further friction in the ecosystem as well as make financial institutions lose their competitive advantage.
3. Increased Likelihood of Fraud 
   When an application moves through the entire life cycle of a transaction, the likelihood of fraud or documentation increases will increase. This may further cause the funds channeled into the wrong entity as well as the possibility of fraudsters exploiting the ecosystems increases.

What is Union? 
Union is a collaborative blockchain saving platform that connects individuals and organizations from around the world in a fractional, frictionless ecosystem, enabling them to create and utilize a variety of disintermediated financial products and solutions. Utilizing blockchain technology as well as our smart ethereum-based smart contracts have created solutions that:

1. Fully Automated 
   Ecosystem fully supported automatic blockchain for instant transaction settlement.
2. Faster access to capital 
   Our robust assessment and assessment system ensures that funds are delivered instantly in a completely transparent and secure manner to individuals or SMEs.
3. No Expensive Brokers 
   Union removes costly intermediaries from the process and allows individuals and organizations to connect directly and enter into mutually agreed transactions.

Union Product Offer:

1. Union Advances (UA) 
   Smart contract to automate the entire billing discount process. Individuals who discount their own company's bills or on behalf of the company, will be able to increase their social standing score in the Union to get better loan terms, and discounts.
2. Unity of Social Commitment 
   Individuals on the platform can make a commitment contract, and upon successful completion of the contract, an individual may receive a positive score on their social status.
3. Union Pool 
   Decentralized Platform for Collective Investment Schemes. Smart contract to automate the process of saving and loan among trusted friends.
4. Union Lending Authentication (ULA) 
   Algorithm for calculating social standing scores based on various factors such as timely payments from participating Union Pool, fulfilling union social commitments, social media accounts, etc.

Check out the video below :

https://youtu.be/vxchbQzljbE

Information TOKEN and ICO

• Token Name: UnI
• Start Date: May 1, 2018
• Website: www.getunion.io
• Offer Type: Sales Token
• Total Tokens: 200,000,000
• Accepted Currency: ETH / BTC / LTC
• ERC20 Token: Yes
• Soft Cap: $ 1,000,000
• Hard Cap: $ 5,000,000
• Primary Sale Price Token: ~ $ 0.03125
• Pre-sale date: May 1, 2018
• Token sale date: May 17, 2018

Bonus :

• Pre-sales to investors first 24 hours: 20% Bonus 
  -1 May 2018: Launch of ICO

First Week: Bonus 15% 
Second Week: 10% 
Bonus Third Week: Bonus 5%

Distribution of Token Unity

• Crowdsale 80%
• 10% Team Union
• 8% Marketing Fee
• 1% Testing & Bounties Bug
• 1% Initial Investor

Use of Results

• Platform Development - 40%
• Infrastructure and License - 25%
• Marketing - 12%
• Overhead - 12%
• Testing and Bounty Bug - 7%
• Contingency - 4%

Road Map 
2018 - Q2

• Smart Contract to execute the scheme
• Support ETH, BTC, LTC and UNI
• The interface for managing Uni Pool
• Develop a built-in legal contract for the selected jurisdiction
• Cost structure for UnI Swimming Pool Organizer
• Legal contract built-in for the majority of jurisdictions
• Develop APIs and SDKs for developers to design custom Organizaiton
• Multiple winners per Pool round 
  2018 - Q3
• Smart activated contract commitments
• An interface for managing commitments
• Commitments can be made private or Public
• Creation of group commitments 
  2018 - Q4
• Develop simple algorithms to track credit identification on the platform
• Option for users to maintain personal or public credit identity
• Integrate ULA with other Union products
• Sophisticated advanced algorithms to consider off-chain 
  2019 - Q1 parameters
• Smart contract to make discounts on bills
• Dashboard to manage progress
• Credits available to individuals and% of loans / discounts 
  2019 - Q2
• Features to avoid multiple discounts
• Where to sell 
  2019 - Q3 invoices
• Verificaiton of Inovices by the Union team before it goes out for sale
• Possibility to integrate to ERP vendor to validate Invoice 
  2019 - Q4
• Run the platform maintenance
• Improved security to keep up with the progress in data privacy
• Improved backend architecture
• Continuous support and repair of Union products and features
• Added another major utility token to the platform
• The introduction of a stable coin

For more details about our ICO you can also visit our website address below from me and thank you :

• Website : https://www.getunion.io/
• Whitepaper : https://www.getunion.io/Union_Whitepaper.pdf
• Telegram : https://t.me/UNI_Token
• Reddit : https://www.reddit.com/user/getunion/
• TWITTER : https://twitter.com/getunion
• GITHUB : https://github.com/getunion/union
• ANN THREAD : https://bitcointalk.org/index.php?topic=3123614.0

Author Article: Lelaapril2004

BitcoinTalk : https://bitcointalk.org/index.php?Action=profile;u=1505192

ETH : 0x0bF3d407cF25D98886d707d2355E7Cd00191c142