What is Able?
The ABLE project will create a platform that enables cryptocurrency-based banking activities to center around the ABLE account, emanating from the fact that banking activities are carried out primarily through bank accounts. Users propose deposit and loan interest rates through a matching system, eliminating the lending-deposit spread by directly connecting users on a peer-to-peer basis.
The ABLE project supports decentralized exchanges and provides decentralized cryptocurrency wealth management services through smart contracts. Ultimately the project aims to evolve into the ABLE Ecosystem through its integration with external systems, including simple payments.