Hub coin is a cryptocurrency based on the Ethereum blockchain technology in the and can be used to buy any commodity in such ecosystem. It will be immediately compatible with ethereum purse or contracts which use the same standard in the Ethereum ecosystem. Being part of the uhub.io community, you can solve almost all the problems in your life related to shopping, lease services, travel, currency exchange, etc.
Uhub Pay uses blockchain technology and smart contracts to solve problems traditionally found with e-transactions. The transactions are faster, more secure, and cost less compared to traditional e-commerce. Faster transactions: Transactions are made directly between the seller and buyer and do not get passed through an intermediary such as a bank or other financial entity. Therefore, transaction times are instant as there is no middleman that the payment has to pass through. Security: You can be assured that your personal credit information will not be stored during or after payment. Low cost: Because transactions are passed through a middleman who would take a percentage of the fees, this enables us to reduce transaction costs.
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