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Lux Ant Digital: introducing an electronic bank to the ecosystem of the world

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Welcome to yet another amazing edition of my article review. Just like I have taken it upon myself as a duty to provide the most useful information’s in my article reviews, today I will be giving out a brief overview of a project known as Lux Ant Digital.

It might sound trite, but our world is rapidly changing, and technology has gained more influence in every aspect of our life.

Currently, Technology is the component of our lives, and also the constant evolving of technologies is one among the best achievements I feel we have a tendency to currently have achieved. The benefit and potency in easily performing tasks with modern innovated technologies have automatically harnessed the ecosystem of the world. Personally, the use of technologies to ease work has extremely been of a great help to me.

These past few years, I have had this undying wish that banking with the traditional banking system would be made more efficient and easier.
The already existing banking system I do assume has tried in providing a couple of channels within which customers will serve themselves, however, in an exceeding world where every day we have a tendency to drawing nearer into leading-edge technology.
The opportunity that is being offered to the already existing banking system to effectively be a part of the leaders of the new digital era has never been so great and enormously beneficial for all.

The already existing traditional banking system is highly centralized, this system gives some couple of individuals the opportunity to have control over the wealth of the masses. Sadly, this centralized system has been existing for as long as the banking system is concerned 

Errors associated with the already existing banking system.

• lack of loans: it is quite almost impossible for low-class individuals to get loans due to the fact that they lack exclusive collateral.

•    Geographical restriction: people find it difficult and complex to send money to loved ones or business associates in other countries and at times are subjected to numerous process.

• High fees: The traditional banking industry is one that is only designed on enriching its owners or founders. The reason why they choose to loop money from customers covering it up with fee charges.

LUX ANT Digital overview 


 Lux Ant Digital is a blockchain based project that aims to transform the ever-changing centralized banking industry. The team behind the establishment of Lux Ant project is reaching to change the banking industry with the utilization of smart contracts to form it safer, clear and a reliable system. Just like I said easier, the advantages of the banking industry aren’t been enjoyed by everybody because of its centralized structure. Therefore, this project aims to bring a lasting solution to the errors that persist these days within the banking industry.


Lux Ant digital benefits


Electronic banking platform
App mobile
Payment card
Currency conversion
Physical ATMs throughout the world

Projects resolution


The platform will be utilizing the Ethereum blockchain and its smart contract to establish a mobile app which will be known as Alux bank.

 This method will permit users to enjoy the following features such :

• convert any cryptocurrency to either fiat of alternative currencies
• exchange
•transfer cash to anyone not minding the location of the sender and receiver.
 • save funds with either crypto or fiat
• acquire loans without the need for collateral etc.

The full implementation of this project will automatically put an end to the vast errors which have been in existence within the banking industry. with the utilization of smart contracts, Lux Ant will eliminate the need for traditional contracts, minimizing the value of commission of the third party and enabling the formation of contracts in an exceedingly safer, transparent and easy way.

Lux Ant Digital ICO Team

Lux Ant Digital ICO

Lux Ant Digital ICO

Lux Ant Digital ICO Roadmap

Lux Ant Digital ICO

Lux Ant Digital ICO

Conclusion


I do my personal research and write about projects I find lucrative and important. This project will be a goal-goal for everyone. I hereby, urge everyone to be a part of this movement.


important links


Username: tochidavid
pofile link: https://bitcointalk.org/index.php?action=profile;u=2355893


ERC 20 Wallet:  0xc11e83C52160CDb5cC2c2C7013359B16049682D5

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