THE FUTURE OF FIAT AND CRYPTOCURRENCIES: HUBRISONE
One evening, as usual I came back from school tired as ever (you know med school). I took a warm shower, made a coffee, seat back and turn on the TV. The channel playing was National Geographic Abu Dhabi. It was a show displaying the wonders of wild life. What drew my attention was the immense effort to maintain territorial defense in the Lion’s kingdom. No lion from another territory shall enter another’s territory (and this is good as there must not be two kings in the same territory).
This is an exact scenario that’s happening in the banking sector. Our traditional banks have been ruling our finances for centuries now, and so far has gained trust of the masses. Then we witness the birth of a competitor, cryptocurrencies. Fear grew in bank management as they thought it’s a threat to their establishment. While this may be true to some certain extent due to overwhelming disappointments banks incur on their Customers day to day, cryptocurrencies emerged to address those issues.
What if it can be a symbiotic relationship because each has it benefits and it seems one can address the problems of the other (e. g address annoying queues at banks and ATMs). HubrisOne project work to establish such a relationship, keeping side by side your bank accounts and crypto wallets. For more information on the missions and visions of the project, log on to the website https://www.hubrisone.com/, Or their announcement thread https://bitcointalk.org/index.php?topic=5039930.0
And also to solve the unfairness in exchange rate fees, limited service provision, and long time it takes to open new accounts.
Part of the solutions HubrisOne will provide includes:
• Instant opening of new bank accounts- free
• Quick cross border transfers- with real time tracking functionality
• Online payments through stellar blockchain
• Find more on their website https://www.hubrisone.com/
Also follow their official telegram group, https://t.me/HubrisOneOfficial , for latest information on the project.