A startup which bills itself as “blockchain’s financial district” has launched its network — and says its debut heralds “the beginning of true financial freedom.”
WORBLI enables businesses and individuals to enjoy “seamless access to financial services,” and paves the way for developers to build their own applications on its network. Its ecosystem uses EOSIO software, with the startup’s team saying this unlocks a series of benefits. Firstly, users benefit from fast and feeless transactions, allowing applications on the network to operate without bottlenecks and delays — and they also have the ability to amend nefarious transactions and recover accounts, should they need to.
The company ardently believes that blockchain is the future, and will transform the financial services industry beyond all recognition. It says cloud computing, storage, security, inequality of incomes, financial inclusion, accounting, contracts, supply chain logistics, voting and social networks all stand to be revolutionized. Its founders strike an upbeat tone by saying that WORBLI will be at “the forefront of product innovation” in these sectors and more.
Overall, its network is designed to reduce the amount of friction that cryptocurrency users and blockchain developers experience, dramatically increase the scale and reach of this technology, and develop exciting products “only possible as a result of blockchain.”
Eliminating barriers to entry
The company is seeding and launching a fiat and digital currency bank known as Gamma that will provide traditional banking products for crypto customers and everyday users. WORBLI says this platform is “designed to eliminate the barriers of entry into the digital currency and technology market for the average user.”
Through WORBLI, users are only going to need a single account when they are storing, buying and trading blockchain assets. Security is also a priority — with the company vowing that their individual accounts and wallets will be insured against losses due to hacking.