Union (UNI)

Union (UNI) widget

ICO date: 01.05.2018 - 31.07.2018
Product Type: Platform
Industry: Financial Services
Description:

Union is a blockchain collaborative savings platform which connects individuals and organisation from all across the world in an ecosystem, and allows them to create and utilise diverse financial products and solutions.

Features:

Union offers four key products:

Union Pool is a decentralize platform for Collective Investment Schemes. Smart contract are used to automate saving and lending process amongst trusted friends.

Union Social Commitments: individuals within the platform can create commitment contracts, and upon successful completion of the contract, individuals can receive a positive score towards their social standing.

Union Lending Authentication (ULA) is an algorithm to calculate the social standing score based on various factors such as timely payment of previously participated Union Pool, fulfilled union social commitments, social media accounts, etc.

Union Advances (UA) is a smart contract set designed to automate the entire process of bill discounting.

Founded: India, 2018
Website: getunion.io
Whitepaper: Whitepaper

Rating Review and Analytics

Investment rating
NA
Hype score
NA
Risk score
NA

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See also