The story behind HubrisOne.

Introduction

HubrisOne, is a cryptocurrency wallet and traditional fiat bank account combined into a powerful, intelligent,regulated and compliant digital Apple and Android app. We are focused on merging the benefits of these twopowerful industries, seamlessly.

We have designed HubrisOne to be easy to use, secure and intelligent. HubrisOne is more than just a digital cryptocurrency friendly bank account. It's a statement to the world that we believe cryptocurrencies are here to stay and they should be taken seriously.

HubrisOne was started when we understood the magnitude and impact cryptocurrencies were going to have in the future of the monetary system and our day to day lives. We understood the importance of the current banking system, but more importantly we understood the challenges customers globally were facing with traditional banks.

As early cryptocurrency investors, we battled against switching between multiple apps to achieve simple actions. For example, sending money from our bank account to exchanges, waiting multiple days, struggling to spend our cryptocurrencies in-store, waiting multiple days for cross-border transfers and paying extortionate bank fees. We searched and could not find an appropriate solution. There had to be another way.

Our Mission & Vision

It’s our mission and vision to increase adoption of cryptocurrencies and blockchain technology by integrating them into our day to day lives, Here’s what drives us, our overarching mission and vision. Adoption: Increase cryptocurrency adoption globally, through a simple familiar mass-market solution. Connect: Be the link between the old world of banking and the new world of blockchain and cryptocurrencies. Bank the Unbanked: Provide basic banking services for the 2 billion unbanked population through digital banking solutions.

The Problem

The Infancy of the Cryptocurrency Market

Due to its infancy the cryptocurrency market is facing many significant issues, including but not limited to:

• The lack of global financial inclusion (CGAP, 2018)

• a full end-to-end, on ramp and off ramp for new investors into the cryptocurrency market.

• Unregulated services and solutions such as exchanges, derivatives and indexes and other investment derivative investment linked products (TechCrunch, 2018)

• Price volatility and manipulation (CNN, 2018)

• Lack of trust, transparency and Fraud (HBR, 2018)

Viewing Cryptocurrency Differently From Fiat Currencies

Traditional fiat currencies and cryptocurrencies should not be separated as operating independently of each other.

We believe that cryptocurrencies and fiat currencies in the future will operate as one overarching option of global currency, with each having their own use case. We do not share the view that fiat currencies will be abolished nor do we share the view that cryptocurrencies will become the new global dominant currency. We see the market evolving and developing to find a fair-balanced middle ground between the two form of currencies as noted above.

Recognising the Importance of the Banking System

We understand the importance of the global banking system which has been established, built and trusted for over200 years.

This 200-year old banking industry has its pitfalls, however, and we need to remember thesignificance, access and opportunities it has given (BBA):

• secure payment networks that keep the world’s economy moving 24/7

• Providing financing and access for people to buy their dream homes, cars or holidays

• Allows billions of people each day to pay for goods and services on and offline

• Has provided millions of jobs globally

• Pays millions of salaries everyday

• Moves billions of payments everyday globally

Banks globally are failing to meet their customer’s expectations; however, customers do not have or know of anyalternatives they can switch to due to the monopolistic nature and copy-cat offerings each bank presents.

Below are a few issues and examples banks place on to their valued customers, not limited to the following:

• Old fashioned and outdated verification systems – up to 20-minute wait times

• Lack of new and innovative communication channels – no live chat

• Slow and outdated payment systems

• No payments processed on the weekend

• Unnecessary fees for overdrafts and missed payments

• Long wait times for a new card or pin number

The Banks: Extortionate Global Exchange Fees

When you are sending money to a different location and you transfer money the banks can charge you up tothe purchase is in a different currency, the banks can charge you up to 13% on each transfer.

The greedy and unfair part is they could give you the inter-bank FX rates whereby your fees are reduced by up to 98% to 100%.

Our research and market analysis suggests the majority of people are unhappy and are unsatisfied with their bankfor various reasons, ranging from, but not limited to:

• Fees being too high

• Lack of quality customer service

• Significant inefficiency

• Lack of innovation

• Greed and not being customer-centric

Solutions & Value Propositions

The Growth of Smartphone Usage and Unbanked

The growth of smartphone usage aligns with our growth plans and direction of developing an app only digital banking solution which is lightweight, secure and accessible. In saying this, there are over 2 billion unbanked adults who do not have access to the banking infrastructure that we take we granted.

According to Statista, the number of smartphone users is forecast to grow from 2.1 billion in 2016 to around 2.5 billion in 2019, with smartphone penetration rates increasing we see a general global shift to mobile-only digital solutions and banking is an area that is due for a digital shake-up (Statista, 2016).

Hubris Utility Token

The HBRS token will be the bloodline of the HubrisApp. If the Hubris App is the road, the HBRS token is the cars, trucksand the motorcycles. They are both very dependent on each other.