The ABLE project will create a solution to problems with traditional bank lending-deposit spreads, and nontransparent and centralized cryptocurrency financial services, basing the solution on the transparency and reliability of a blockchain system. The ABLE project is the cryptocurrency-specific financial solution that provides cryptocurrency financial products through person-to-person loanmatching systems and decentralized exchanges.
The ABLE project will create a platform that enables cryptocurrencybasedfinancial activities to center round the ABLE account,emanating from the fact that banking activities are carried out primarilythrough bank accounts. Users propose loan interest rates through amatching system, eliminating the lending-deposit spread by directlyconnecting users on a peer-to-peer basis. The ABLE project supportsdecentralized exchanges and provides decentralized cryptocurrencywealth management services through smart contracts. Ultimately theproject aims to evolve into the ABLE Ecosystem through its integrationwith external systems, including simple payments.