UBONIUM - A FINANCIAL TECHNOLOGY COMPANY BASED ON BLOCKCHAIN

https://www.ubonium.com/

ABOUT UBONIUM

Ubonium is a financial technology company with its Headquarters in the financial district of London, United Kingdom. Ubonium was founded at the very height of the blockchain technology revolution through the famous invention such as Bitcoin Technology. Since Bitcoin, there has been numerous other blockchain technology and crypto coins known as altcoins introduced in the blockchain ecosystem at a phenomenal rate. Nevertheless, this created more than ever a need for a comprehensive and robust technologies to adapt a convenient way of integrating the movement and storage of digital assets in the blockchain ecosystem in a convenient and secure way.

With this in mind, Ubonium innovated sustainable financial products and services that complements each another within Ubonium’s ecosystem to offer its users not only convenience and security, but also offering competitive pricing for its services. Users will experience that all Ubonium’s product and services are investable, secure, scalable and usable in the cryptocurrency environment. This is an important factor in determining the success of any blockchain financial system. Ubonium’s ETCF Platform and ETCF Funds, UBOPAY, UBOBANK and UBOCARD is set to pave the way how market participants are going to interact with these nascent alternative asset class in their daily lives.

Ubonium’s product and services is also designed to be adaptable to the evolving blockchain technology and changing regulatory framework and having factored this foreseeable evolution in all its innovations, Ubonium’s product and services will have a sustainable future and will stay more relevant in the blockchain ecosystem.

THE FUTURE OF CRYPTO ECONOMY

With the cryptocurrency market capitalization reaching $500 Billion USD and expected to reach $1 Trillion USD by 2020 if not sooner, it is becoming more and more evident that the adaptation of cryptocurrencies as a medium of stored value is reaching the mainstream market. With the development of decentralized applications and increasingly mass adaptation of cryptocurrencies, the need for cheaper and secured applications demand will be seen rising within the foreseeable future.

Market participants will demand a more convenient and speedy way of utilizing their digital assets in their day to day lives. Traditional banking service as we know it will be obsolete in time to come and will no longer be relevant in providing financial services to the mainstream market.

The way businesses are done will be changed forever with the usage of smart contracts on the blockchain. Trust less transactions will be the name of the game in any businesses in the coming future.

UBONIUM ICO OVERVIEW

In the past 2 years of studying the cryptocurrency market, the Ubonium team built and experimented various platforms on the blockchain to support the Ubonium network. As a result of making this multi-product network to support and exchange value with each another in a cost- effective way, the Ubocoin Tokens was created. The ETCF platform was tested since January 2018 to ensure that transactions performed was autonomous and safe and today the ETCF Market Platform is live and production-grade.

To support and further use the multi-platform on the Ubonium’s ecosystem, Ubonium is offering 210,000,000 UBOCOIN Tokens at the initial market value of 0.001 ETH for each UBOCOIN.

Further details of the UBOCOIN Token Sale will be highlighted in this Whitepaper and the potential benefits from UBOCOIN Token ownership will be outlined in the Terms & Conditions provided at https://ubonium.com - the official UBONIUM ICO Website.

ETCF Market Platform & ETCF Fund

The introduction of the ETCF Market Platform will enable fund management companies, private investment companies and wealth management companies to explore the opportunity to invest in an ETF-like cryptonized digital assets for exposure into cryptocurrencies. The ETCF’s low volatility nature will be a likely attracting factor to this companies.

Beside the anticipated high interest from the retail investors, Banks and Asset management companies will also be the likely candidate to sponsor their own custom-made cryptonized fund and list it on the ETCF Market Platform due to the platforms easy adaptability and security. For this companies, ETCF Market Platform can provide a one stop turn-key solution to set up, operate and manage such funds.

There are a low spread charges for investors when they buy or sell ETCF Tokens but however this spread charges are waived when Ubocoins are used for any transactions on UBO ETCF’s.

Types of ETCF Funds Available on ETCF Market Platform

UBOPAY Mobile system

Ubopay is a proprietary mobile payment system developed and managed by Ubonium. UBOPAY application will be both available to download in Android and Apple Phones. UBOPAY is a hybrid mobile payment application, in that it supports both user’s local currency of choice and payments in cryptocurrencies. Currently UBOPAY is being developed and tested using Bitcoin, Ethereum and UBOCOIN. The mobile payment system will be introducing more popular currencies as a mode of payment. UBOPAY’s integration with UBONIUM’s central cryptocurrency exchange network called the UBONEX, makes all transaction between fiat-crypto-fiat seamless and instantaneous. Users can active the UBOPAY’s smart select function and use both local currency and crypto payment autonomously every time the user wants to make a payment. Depending on the receiving end or merchant, UBOPAY will automatically select local currency or cryptocurrency payment of choice.

UBOBANK and UBOCARD

Ubopay is also integrated into UBOBANK. Users who has a virtual account with UBOBANK can transfer between UBOBANK account into their Ubopay crypto wallets without paying any transaction or transfer fees. Ubopay users with UBOBANK virtual accounts can also transfer their favourite cryptocurrencies into UBOBANK. Ubopay is free to download and can be used across multiple payment platforms and payment gateways such as Alipay, Wepay and Paypal.

Features of UBOPAY

UBOPAY Merchant Payment Solutions

UBOPAY is an OpenApi solution. The platform can be easily integrated into third-party payment gateways. Merchant can integrate UBOPAY system with their POS systems or Online payment gateways hassle free with UBOPAY OpenApi solutions.

Ubopay is designed to work with any type of acquiring merchants. Whether merchant only accepts local currency and or cryptocurrencies, users will have access to both type of payments from Ubopay. For users wishes to use a cryptocurrency that he or she doesn’t have in the wallet, the user can immediately access Ubopays coin exchange to buy them at prevailing rate and use it immediately for purchases.

For payment to online stores, users can use Ubopay with registered merchants on the Ubopay network and even if the merchant is not registered on the Ubopay network, users can switch to Ubocard Debit card to continue with their purchases. Ubopay allows users to transfer local currency or crypto currency balances into their Ubocard Debit card for purchases.

UBOBANK – The cryptobank for crypto-community

Ubobank is a crypto only bank. Unlike traditional banks, Ubobank does not charge users for its services.Most of Ubobank services are free. It functions more like a traditional bank but does not impose any kind of transaction fees to its users. In a nutshell, Ubobank provides virtual bank as a service (BaaS) to its virtual account holders by providing cold wallet services to store, manage, transfer and receive cryptocurrencies. Its primary and only revenue comes from its low exchange fees charges. Ubobank offers one of the best cryptocurrency security available in the market to assist cryptocurrency holders to store, move and use cryptocurrencies. Utilising bank-grade security protocols, Ubobank cold-vault is inaccessible to malicious hacking risks form the internet. Ubobank also provides services for businesses but however for business account there are some low transactional fees that will be imposed. Businesses can also offer their customers to pay in cryptocurrencies and choose to receive them via Ubobanks OpenAPI stations securely. Customers cryptocurrency payments can be collected in bulk by Ubobank. Business crypto-banking customers can enjoy various other services offered to them on the Business Banking Platform.

Ubobank features and functionalities

Deposits/Storages of Cryptocurrencies
Transfer/Payment
Transfer to UBOPAY and UBOCARD with Zero cost
Built-in Exchange
Investing
The Demand for cryptobanks
Regulations

UBOCARD DEBIT CARD

Ubocard is an extension of payment service from Ubobank. Users can you their balances in their virtual account (cryptocurrency balances) and make payment using their Ubocard. All Ubobank customers will be issued a Ubocard Debit Card. Ubocard, is a pre-paid card where the balances can be topped up from Ubobank for cryptocurrencies and from Ubopay for local currencies. The card runs on the VISA network and therefore can be used anywhere in the world where VISA and MasterCard are accepted. UBOCARD is also an ATM card therefore users can withdraw their funds from any ATM that is supported by global payment network. All Ubocard comes with ATM pin for secured cash withdrawal from the ATM machines. The Ubocard will automatically convert cryptocurrency balances into USD and therefore acceptance of the card on the VISA Network will never be an issue.

Manage UBOCARD from Ubobank or Ubopay APP

UBOCOIN TOKEN (UBO)

The Ubocoin token offered for sale during the Ubonium ICO is a ERC-20 and ERC-223 Ethereum compliant token. They are safe to be used and do not perform any external calls after March 1 the ICO start date. The Ubocoin Token was designed with scalability in mind. Together with all the products and services offered on the Ubonium ecosystem, Ubocoin plays an important role in bringing value to its owners. As all Ubonium products and services uses Ubocoin, transactions costs are kept near zero and transaction speed optimized. This are the two main reason why Ubocoin is being used as a premier token in all Ubonium products.

Benefits of Ubocoin Token ownership to Token Holders

When buying any UBO ETCF funds using Ubocoins, token owners are waived from the buy/sell spread charges of 0.45% on the ETCF Market Platform. This allows token owners to gain exposure in the ETCF

Market with Zero entry cost. Also, when using Ubocoins with Ubopay, transfer of coins to other wallets are

free from any charges. Likewise, Ubocoin token owners are in for great reduction in exchange fees whenever they convert any of their fiat currencies into Ubocoins on the Ubonex Exchange. Whenever, Ubocoins are moved from one Ubonium platform to another, there are zero charges.

The early participants of Ubocoins in the Ubonium ICO will be granted a lifetime membership to enjoy

loyalty programme points that can be converted into Ubocoins. The more details of this membership will

be updated after the ICO.

UBOCOIN as a Token of Value

The Ubocoin Token is on sale during UBONIUM ICO for a fixed price of ETH 0.001 per UBO. However, webelieve that its value will appreciate exponentially in consistent with our UBOPAY launch, UBOBANK &

UBOCARD platform launch. Reason is, Ubocoin is a scalable and a usable coin, with many real case

applications that can potentially create high demand for the coin, this can expose the true value beyond

what it is today. However, we do not wish to speculate the future price of the coin as we are legally forbidden from doing so: kindly take note that there is a high degree of risk in investing in cryptocurrencies,

where invested capital can be lost.

Ubocoin will be listed on exchanges such as Kraken, Bitfinex, Poloniex, Huobi and Quoinex. We are also in

discussion with some other major exchanges to list Ubocoin on their respective exchange which we will

update at https://ubocoin.com/ list from time to time.