What is the Kora Network?

The Kora Network addresses all needs of the people in the market. There are four main aspects of the Kora Network. It runs on identity where the users of kora could prove their identity and validate their activities. Further, the customer storage is secure; all users could easily protect their funds so that they will not be stolen or devalued. Further, there is the money transfer aspect. Users of the Kora network is given a chance to transfer their money with each in a quick manner as well as in a secure way. There are venues in the marketplace where the customers could easily exchange money for various s, services and capital. The Kora network is regarded to be a kind of ecosystem. Each transaction is done maintaining privacy. The blockchain runs on the Kora Network Token (KNT).

The Kora Network can be easily accessed by phones that have SMS/USSD features and having Internet and a mobile app also allows you to have access to the blockchain technology. Through this blockchain technology, low-income populations of the country are brought into the global economy. Many of the low-income populations come across barriers during transactions. They are maybe far away from financial service providers, and may not have documentation papers and lack of trust towards the financial service providers. This reason is why the Kora platform came in to solve all problems of billions of people. The platforms that are already existing do not address electricity, the Internet, or capital or technology and finance. However, the Kora platform brings solutions to all these issues. The Kora network platform addresses the economic crisis of billions of people. The Kora network platform is ready to bring solutions to most of the underprivileged people in the society.

A glimpse of the network

Barriers of most of the people are addressed by banks, mobile money businesses that increase transaction speed and by local ad hoc networks. The other existing solution is the blockchain project. The blockchain stores and transfers values in numerous scales for a low cost. The basic needs for a blockchain technology is an expensive Smartphone, access to Internet and access to blockchain-based services.

The Kora has brought in low costs for people with least wealth. The Kora network also gives universal access to people around the globe, and they are also put into engage with existing communities. Most of the people will be able to benefit from the Kora network.

Earlier it was hard for people from high-income areas to send money to low-income areas. They had to visit a local money transfer company, and the traveling distance was also very high. These were barriers that the people of low-income areas faced. The Kora platform brought a solution. They made these people get the benefits of mobile airtime and data subscriptions and other third-party services. The Kora network has been successful in bringing benefits for low-income customers through its blockchain technology.

Conclusion

Kora Network is the all in solution for the current market needs. Its uniqueness is created by its incomparable ecosystem. It will create a stable and trusted system where the users will be able to harness the advantages of the digital currency together with the longstanding trust they have on the fiat currencies.

For More Information Visit :

Website : https://skychain.global/

Telegram : https://t.me/kora_network

Facebook: https://web.facebook.com/thekoranetwork/

Twitter: https://twitter.com/Kora_Network

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