Neluns - Blockchain Powered New Generation Financial Ecosystem

ranjeet54 (6)in #blockchain • 6 years ago

Change is the law of Nature. Every new technology will replace the old one. And history has proven that every new technological revolution had replaced the old one in every field. And it becomes necessary for people to adopt new technologies and move ahead. Blockchain Technology, a remarkable revolutionary technology is ready to explode every sector of our life. Blockchain works on distributed ledger technology, on which we can store any data safely and securely. And the best part is, no one can corrupt the data once stored on blockchain, it is immutible and unhackable. Cryptocurrency is a product of blockchain technology. Cryptocurrencies are called virtual currencies. They use blockchain technology to complete and confirm the transactions.

Our present banking Institutions works on old technologies. They take longer time; even days to complete a cross border transaction. Bank working procedures are very complex, transaction fee is very high and there is a high risk of cyber attacks. There is a much more opportunity for blockchain & cryptocurrency in banking sector.

The implementation of blockchain and cryptocurrency in banking industry makes it technologically advanced. The transactions becomes more faster, reliable and secured. The transaction cost becomes very less.

The crypto to fiat conversion is difficult. The present crypto market is so volatile that many users and Institutional investors are fear to enter. There is a need of proper regulation's so that investors can enter the crypto market without any fear.

In this article we will review Neluns project.

Project vision

The aim of the Neluns project is to create an innovative financial ecosystem which connects the crypto and banking industry. With this, banks will become technologically advance. Conversion of crypto to fiat becomes easy. Transactions becomes faster and secured.

The Neluns Project

Neluns is here to provide an easy way for investors to enter into crypto market. It is a blockchain based financial ecosystem which will bring crypto and banking industry together at one place. The Neluns ecosystem stands on threevmain pillars namely,
• Neluns Bank
• Neluns Exchange
• Neluns Insurance

Neluns Bank

Neluns bank is the first bank powered by blockchain technology. This improves the transparency, security and trust. The Neluns bank is integrated with cryptocurrency, thus users can easily get withdrawals from crypto to
fiat. Neluns bank provides every banking facility for fiat currency user and for cryptocurrency user. Users will get loans and interest on their fiat and crypto funds. Neluns also issuing Debit cards, which provides instant withdrawals in crypto and in fiat. With these cards conversion of crypto to fiat becomes instant. Neluns bank supports multicurrencies of different countries. It provides users International bank account number for smooth operations .

Neluns Exchange

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Neluns exchange is the first exchange which is linked with bank; it is directly linked with Neluns bank. Neluns exchange works on Bank guarantee principle, with this user funds are protected from unforeseen market conditions. On Neluns bank users can get every facility like other exchanges and also get instant withdrawals in their fiat currency. Neluns exchange provides better customer support, protect user's funds from hacking attacks and provides every tool for traders.

Neluns Insurance

Neluns provides insurance cover for every unforeseen transactions and for investment risks. Thus users no need to worry about their funds on Neluns ecosystem.

Advantages of Neluns:

• Neluns provides an easy and convenient way to access cryptocurrencies
• Neluns bank provides easy cryto to fiat withdrawals
• Neluns bank also provides interest and loans based on cryptocurrency assets
• Users also can pay and withdraw funds with crypto
• Neluns exchange help users to instantly transfer, sell & buy funds securely
• Every unforeseen transactions are covered with insurance
• Neluns ecosystem already fulfills every requirements of regulatory authorities for bank licencing
• Neluns also has peer to peer lending on mobile app

Token structure

• Token name: Neluns
• Token ticker: NLS
• Total number of tokens: 200,000,000
• Price: 1 NLS = 1 USD
• Soft Cap: $10,000,000
• Hard Cap: $112,000,000

Neluns had already reached more than 70% of Hardcap value. The token sale is on. You can visit here to invest in this high rated project: https://neluns.io

Team and token distribution

Conclusion

Neluns is a very innovative project, which is committed to bring crypto market in practical daily life applications through banking medium. This helps to grab larger audience base for cryptocurrency. It is a best opportunity for us to invest early in this promising project and to be a part of crypto-banking future.