UNION is a decentralized peer-to-peer lending and savings marketplace platform, which connects borrowers and lenders from all over the world in a trusted, fast and uncomplicated manner leveraging the benefits of Smart Contracts and Blockchain technology. The platform will serve as an ecosystem for banked and unbanked individuals to create and participate in various decentralized products.

Union provides holistic and innovative solutions, both to meet the needs of the borrowers and the needs of the lenders, by generating unique Smart Reputation Contracts and creating Smart Compensation Fund Contracts that assists lenders to secure their funds. Members can obtain loans through either cryptocurrencies and partaking in leder's non-discriminatory tenders is carried out directly through Union's supported third-party wallets, using the Smart Loan Contract.

Through the power of blockchain technology, Union Incorporates trust and social capital into lending and savings process while eliminating the need for the "trusted third party". This will drastically reduce the interest rate of borrowing and as well make the process of access of capital faster than traditional banking methods.