Kvantor: New Level Of Freedom For Economic Transactions

clauming (7)in #banking • 6 years ago (edited)

Introduction

Blockchain and Smart Contracts open many doors to new decentralized businesses and eliminates the need for expensive third parties. Many new companies are now working on this technology, and large companies are testing it in closed networks to collaborate directly with each other without the need for intermediaries.

For that reason, there is a lot of projects that are starting to use this new technology. However, not all of them are worth it. We have to read well what each project is dedicated to, what is its whitepaper, its qualified advisors, etc. As I said, blockchain technology has gained popularity due to the hype about cryptocurrencies which has shaken many startups to launch their own cryptocurrencies even without convincing fundamentals. This trend has emerged because new entrants have been more agile in adopting emerging technologies compared to incumbents who are hampered by legacy systems. However, this competitiveness and this advantage enjoyed by the new players may be short-lived, as no economies of scale are taken into account.

By 2025-2030, the market economy can exist without banks in its traditional sense. The only question is how and to what extent they will change.

For this reason, the project I am going to present you is Kvantor, a cryptocurrency project emerged from the idea of creating an instrument for the formation of the ecosystem of equal economic agents that has no barriers to entry, provides its participants with a work model in which everyone wins and which erases economic and political borders, but which currently has the the highest level of data protection.

Video Presentation

Definition and goals

Kvantor (KVT) (https://kvantor.com/) is a blockchain-based cryptocurrency platform that offers a new level of freedom of economic transactions. For this reason, the main objective of the Kvantor project is to give real freedom to the economic agents of the global market by using the advanced technology of the settlements, making quick transactions at competitive and acceptable prices that are not controlled by the cartels, and corporations, reducing the costs of secretaries, lawyers, "contract management specialists" and the issuance of multiple unnecessary documents and also, transferring capital simultaneously to those development points, which give the greatest benefit with the least risk.

With this perspective, the platform will allow to reduce the money transfer times to minutes and the transaction costs and the risks of errors - almost zero, and the volume of necessary documents and will offer their clients services based on the technologies of the future, and banks will become not only financial institutions, but also business partner institutions.

Kvantor Platform

Major products

Product	Description
Interbank transfers	Transfer of fiduciary currencies and digital instruments between banks. It is a provision of a channel to exchange messages about money transfer operations between banks. A special software mechanism is being developed for the exchange of messages about changes in bank accounts during the transfer of money between banks as part of the initiative of the platform.
Banking services	Transfers of money (inter-company), compensation, bank guarantees, factoring, etc. It is an improvement of the exchange mechanism of messages on interbank transfers already developed.
Commercial exchange services	Agricultural exchange (meat, fish, corn), basic products and raw products exchange of materials. It allows operations with raw materials, make insurance for them, issue all the minimum documents required, obtain the required financial instruments and make a simultaneous payment using a convenient instrument through the convenient way in one single place.

Kvantor Ecosystem

Benefits
The most important advantages that Kvantor platform provides are that it offers banks the opportunity to offer totally new services do not refuse the standard ones, which are familiar to client, it provides financial structures with a smooth transition towards the use of the business models of the future and, it also transforms the existing banking and commercial system by developing it naturally.

Bounty

The project gives the opportunity to earn Kvantor tokens performing some social media tasks and doing simple steps from the bounty program explained into the Bitcointalk Webpage. Here (https://bitcointalk.org/index.php?topic=4517617) you can access the link in order to see what are the conditions to become an early KVT contributor and start acquiring tokens.

Doesn't that sound interesting? If you are interested in this airdrop or basically in the ICO, you can read their Whitepaper here (https://kvantor.com/docs/whitepaper_en.pdf). You can also read their ANN thread here (https://bitcointalk.org/index.php?topic=3385572.new#new) or stay tuned in their official Telegram group (https://t.me/kvantor_com). I hope you liked the post and soon I'll send you new ones.

Token details

Two type of tokens will be released. On the one hand, the KVANTOR token will be a unit of account for licensees K.KEY. The owner of 1 KVANTOR card can receive 0.000000003% of the proceeds from the sale of KVANTOR.TECH software products: Kvantor Node, Kvantor Bank, Kvantor Market. The owner of the KVANTOR token obtains the right to issue and sell licenses for the Holder's Products in accordance with the quota determined by the rules of the Partner Program.

On the other hand, the KVARK token is a unit of accounting licenses for the Products. The initial value of the KVARK card is US $ 1 and is determined by the market.

Token: KVT
Platform: Ethereum
Type: ERC20
Price in ICO: 1 KVT = 1 USD
Tokens for sale: 80,000,000

Token Distribution	Fund Distribution

Roadmap

Date	Event
Q2 2018	The selection of higher- and middle management has been completed, the backbone of the development- and sales teams has been formed.
Q3 2018	Team formation completed. The key technology partners are identified. The technological and methodological basis of the developing platform have been finalized.
Q4 2018	The key regional partners for the platform’s promotion have been identified. The Beta-version of «Interbank transfers» functionality has been released.
Q1 2019	Commercial version of Interbank Settlement Service is released. Agreements with strategic regional partners are sealed. Support infrastructure is formed.
Q2 2019	First contracts for the provision of Interbank Settlement Service are signed
Q3 2019	Beta of Bank Services Package is released
Q4, 2019	Regional key clients are defined. Beta of Services of Exchange Trade is released. Commercial version of Bank Services Package is released.
Q1 2020	Commercial version of Bank Services Package is released. First contracts for the provision of Bank Services (from the Bank Services Package) are signed. Consortium of Clients with the aim of getting customer feedback and facilitating strategic planning for the development of the platform is formed.
Q2 2020	Beta of Services of Exchange Trade is released
Q3 2020	Commercial version of Services of Exchange Trade is released. First contracts for the provision of Services of Exchange Trade are signed.