Financial ecosystem Kora Network

in #banks6 years ago (edited)

In the presents time, the biggest problem of development consists in shortages of information, for example, each person of the house has the same Internet almost at work on the smartphone, but alas the statistics show that only 70% of people have an Internet. And now let's ponder what % of inhabitants of same Africa or those countries which developed to a small extent could use the same usual Internet. The same also affected the sphere of finance at which there are problems with money transfer which provokes people to negative emotions, even more, it is indeed heavy to appear on site these people!

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The Kora project is guided by less developed countries, thereby opening for them new, unimaginable opportunities. Too many people cannot make transactions in the world financial system, a striking example is Africa in which 1,21 billion population of Earth live. In other words, Kora Network   —  это the project which gives an opportunity to billions of people worldwide to use the benefits of a world financial system, without using expensive services of banks and other payment service providers. Because many people have the low income, we lose the huge potential which can bring benefit in different fields of activity. These are the main reasons of why Kora develops a platform where all financial services will be integrated.
Kora uses technology blockchain. One of the most important ideas of developers will be not only appendix on the smartphone via which it will be possible to make any financial transaction and to check a condition of the account but also the management of the means by means of SMS/USSD, thereby I liquidate a problem connected with push-button telephones. Of course, not only Kora tried to make it, but not at all it turned out and if it also worked, then such service cost a round sum.
It is possible to change and withdraw money in any shop where accept cryptocurrency that too is a huge plus for all users. Moreover, Kora Network consists in the arrangement with many farmers of Nigeria, they brought the idea to creators of this project as farmers should spend time a great lot to find the nearest bank and to make any transaction.
The following thing about which I wanted to tell it about their currency, KNT. By means of this token, you will be able to transport money with the minimum fee which in turn will be charged in KNT too. To use tokens and the services Kora Network anyone can.
Now it is short about the main advantages of Kora Network:

  • Availability. An opportunity to use network everything, without using expensive smartphones and the Internet. The only requirement is the use of SMS/USSD.
  • Interaction with the existing communities. Traditional service providers always existed in communities of Africa. Kora Network offers the new concept: "Community Value Networks" or CVN. The Kora network gives the chance to use old and reliable finance networks, giving them an opportunity to create and develop own CVN on blockchain-technology.
  • Creation of the whole ecosystem. Kora Network will create the ecosystem, necessary for the implementation of this project, allowing to service different users in Kora network.
  • Low cost. Kora reduces the costs, automating or liquidating the most part of expenses which traditional suppliers of financial services, thanks to a blockchain face.
    Kora will work at the Ethereum-protocol by means of smart contracts.
    Conclusion:
    Kora Network opens new opportunities for people with the low income, allowing them to simplify the life, and it is convenient to use the project everything and to owners of expensive smartphones, and those who even have no Internet connection. The project really quite good and perspective.
    Information on ICO:
    The project is in a stage of ICO and right now Kora carries out the the company so now the good moment for maintenance of this project.
    Pre-Sale: 3 Million Dollars are sold out KNT tokens
    Public Sale: KNT tokens for the first 20 Million Dollars are on sale at a discount 20%
    Date of ICO: On April 2   — on April  30
    An offer of tokens of KNT: 755,007,338
    KNT tokens for sale: 339,753,302
    1 KNT = $0.1
    Payment methods: BTC and ETH

Site: https://kora.network/tokensale.html
Twetter: https://twitter.com/Kora_Network
Facebook: https://www.facebook.com/thekoranetwork
Referral program: bountyhive.io/r/artkilops

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