NELUNS
Neluns - an innovative financial ecosystem
The Neluns team published the statement on the upcoming launch an ICO. It will be preceded the Pre-sale and Pre-ICO phases. The Neluns team vision focuses on building the new all in one financial ecosystem that will have the functionality of a bank, an insurance company and currency exchange. All these modules will be seamlessly
Watch a video about Neluns.
Neluns also known as NLS, a new financial ecosystem that uses innovative technology to work with cryptocurrency and fiat, will start its ICO in the last days of July 2018. The Neluns team will create favorable conditions for growth of the cryptocurrency market. The Neluns is divided into 3 elements: a bank, an insurance company and a cryptocurrency exchange. Each element is interactive both fiat and cryptocurrency. NLS Company provides better conditions and reduces risks for users.
Characteristic features of Neluns
Neluns offers a wide range of benefits to its customers. All elements of the system are created to maximize the comfort of cryptocurrency and fiat in everyday life. The Neluns ecosystem is composed of three main elements described below:
The Neluns system is comprised of these elements:- Neluns Bank is the implementation of tomorrow’s banks functionality that easily handles both fiat and cryptocurrencies
- Neluns Exchange is the module developed using the latest technology to increase the security and speed of the cryptocurrency trade operations process
- Neluns Insurance part of the system could be used to insure all or some of the user transactions within the ecosystem
Neluns Bank offers the product lines for the retail and corporate clients. The bank equally easy handles the transactions in fiat and cryptocurrencies. The concept of a multicurrency account allows users to execute the transactions either in traditional currencies (like dollars or euro) or cryptocurrencies. It is possible to link a bank card to the multicurrency account.
The product line consists of the bank cards the associated software products. The following products are available for both retail and corporate clients: Lite, Silver, Gold and Platinum.
The product line consists of the bank cards the associated software products. The following products are available for both retail and corporate clients: Lite, Silver, Gold and Platinum.
Unlike the competition that is often based on a legacy technology with the external cryptocurrency modules the Neluns financial ecosystem architecture is designed keeping in mind the synergies between crypto and fiat currencies. Using the multicurrency account the traditional retail bank operations are fully supported to make purchases, send payments or withdraw cash from an ATM. The same account is used to trade cryptocurrencies, obtain a loan from the system at a lower than a market rate, earn interest by extending a secured loan to another user of the system or place funds into the interest yielding savings account (it doesn’t matter which one – it could be crypto or classic currency or a mix).
The transactions are handled by the state of the art P2P lending platform that replaces the roles of the traditional retail and investment banks. Essentially it removes a proxy and connects directly the clients providing them security, transparency and flexibility in terms of how they prefer to deal with the money. Cutting out the middlemen and moving to the Neluns next generation financial ecosystem brings a significant reduction to the transactions costs.
Neluns Exchange employs a “Bank Guarantee” principle for the smart contracts governing the transactions execution. In addition to the pre-defined smart contracts templates customization users can fine tune the coverage to include various events and conditions, change the scope to cover some or all the transaction. The business logic is implemented using the top notch technology to ensure additional security, quick funds withdrawals and load balancing to meet the high service demand. The team believes that the Neluns financial ecosystem should create the best in class conditions both for the cryptocurrency traders and their funds.
The roadmap lists iOS and Android apps to be implemented for the on the go operations using the mobile devices. It also contains the rollout of around the clock 24×7 technical support services to make sure all the users requests are properly logged, reviewed and resolved inline with the SLA (Service Level Agreement).
The transactions are handled by the state of the art P2P lending platform that replaces the roles of the traditional retail and investment banks. Essentially it removes a proxy and connects directly the clients providing them security, transparency and flexibility in terms of how they prefer to deal with the money. Cutting out the middlemen and moving to the Neluns next generation financial ecosystem brings a significant reduction to the transactions costs.
Neluns Exchange employs a “Bank Guarantee” principle for the smart contracts governing the transactions execution. In addition to the pre-defined smart contracts templates customization users can fine tune the coverage to include various events and conditions, change the scope to cover some or all the transaction. The business logic is implemented using the top notch technology to ensure additional security, quick funds withdrawals and load balancing to meet the high service demand. The team believes that the Neluns financial ecosystem should create the best in class conditions both for the cryptocurrency traders and their funds.
The roadmap lists iOS and Android apps to be implemented for the on the go operations using the mobile devices. It also contains the rollout of around the clock 24×7 technical support services to make sure all the users requests are properly logged, reviewed and resolved inline with the SLA (Service Level Agreement).
The Neluns team aims to align the project implementation to the applicable laws both domestically and internationally. Neluns Banks has begun the process of the banking business license acquisition. Neluns Bank is committed to follow respective license requirements and regulations from CFTC (U.S Commodity Futures Trading Commission) and SEC (U.S Securities and Exchange Commission).
The system features highlights:
The system features highlights:
- Cryptocurrencies trade operations are executed with a few clicks.
- Quick and cost effective cryptocurrencies exchange.
- Funds withdrawal and deposits from anywhere you go with an App.
- Option to open a private or corporate IBAN Accounts supporting multicurrency.
- Visa, MC, Amex debit and credit cards can be issued and linked to the multicurrency account in the system.
- International money transfers can be sent and received from within the system.
- Make interest yielding deposits in fiat or cryptocurrencies.
- Obtain loans from Neluns in fiat and cryptocurrencies.
- Earn interest on lending to other users via P2P (Peer-to-peer) Lending Platform.
- Trade NLS tokens on currency exchanges and draw profits.
- Selected or all trades can be insured.
- Earn dividends.
- Active market participants enjoy lower risk levels and make extra profits.
Projects website: https://neluns.io/
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