This Platform Lets Users Trade Real-Life Goods for Crypto Assets
Rahul Kalvapalle — April 4, 2018 — Business
Australia-based direct bank Ubank is launching a high-tech new cryptocurrency platform, dubbed 'Ubcoin Market,' that is designed to help the cryptocurrency and tangible trading worlds meet in the middle, enabling people to take advantage of their assets in either space.
Ubank's blockchain-based platform revolves around the concept of enabling users to purchase and sell real products and goods in exchange for different cryptocurrency assets. This platform aims to democratize cryptocurrency trading by enabling anyone with goods to sell to collect crypto assets instead of fiat money, while more experienced cryptocurrency users can go about spending their accumulated digital wealth on goods.
It's only worth making cryptocurrency trading profits if you have an easy way to use your digital wealth to purchase real-life goods, which is precisely what Ubcoin Market is offering.
Ubank's blockchain-based platform revolves around the concept of enabling users to purchase and sell real products and goods in exchange for different cryptocurrency assets. This platform aims to democratize cryptocurrency trading by enabling anyone with goods to sell to collect crypto assets instead of fiat money, while more experienced cryptocurrency users can go about spending their accumulated digital wealth on goods.
It's only worth making cryptocurrency trading profits if you have an easy way to use your digital wealth to purchase real-life goods, which is precisely what Ubcoin Market is offering.
Trend Themes
1. Tangible Cryptocurrency Trading - Ubcoin Market enables users to purchase and sell real products and goods in exchange for different cryptocurrency assets.
2. Democratization of Cryptocurrency Trading - Ubcoin Market aims to democratize cryptocurrency trading by enabling anyone with goods to sell to collect crypto assets instead of fiat money.
3. Real Asset-backed Cryptocurrency Trading - Ubcoin Market enables the exchange of cryptocurrency assets for tangible assets, making cryptocurrency trading more versatile.
Industry Implications
1. Banking - Ubank is launching a blockchain-based platform to enable real asset-backed cryptocurrency trading, disrupting traditional banking.
2. E-commerce - Ubcoin Market is disrupting the e-commerce industry by enabling users to purchase real goods with cryptocurrency assets, facilitating more flexible cross-border transactions.
3. Cryptocurrency - Ubcoin Market is a disruptive innovation in the cryptocurrency industry, empowering more users to participate in cryptocurrency trading with tangible assets.
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