Kinglory - Next-generation High-Performance Blockchain

in #bitcoin3 years ago

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Overview
Technologies are actively developing, offering new opportunities. One of the most promising modern technologies is blockchain. But in order to use all the possibilities of decentralized technologies, the blockchain project must create a reliable and secure computing infrastructure that will allow large-scale deployment of smart contracts, decentralized applications, making modern technologies closer and more accessible to everyone. This is exactly the technology that the KinGlory blockchain offers.

What is KinGlory?
Kinglory is a large-scale, commercial, high-performance blockchain ecological platform using modern cryptography, communications, distributed computing, and distributed storage technologies to support decentralized finance, social networking, e-commerce, search, and storage business applications.

Kinglory is a Canadian-based hi-tech company located in Markham, Ontario. The Kinglory public chain R&D team comprises blockchain experts from Canada, United States, United Kingdom, Russia, Israel, and other countries. Learn more at Kinglory.org.

The ecosystem developed by KinGlory includes decentralized application storage, software, and a basic blockchain infrastructure on which everyone can deploy any applications, create smart contracts, issue tokens, including NFT, create entire collections of NFT and sell it on their own marketplace.

Advantages of Kinglory
Banking for everyone - Not everyone has access to financial services. But all you need to access Kinglory and its lending, borrowing, and savings products is an internet connection.
A more private internet - You don’t need to provide all your personal details to use a Kinglory app. Kinglory is building an economy based on value, not surveillance.
A peer-to-peer network - Kinglory allows you to move money, or make agreements, directly with someone else. You don’t need to go through intermediary companies.
Censorship-resistant - No government or company has control over Kinglory. This decentralization makes it nearly impossible for anyone to stop you from receiving payments or using services on Kinglory.
Commerce guarantees - Kinglory creates a more level playing field. Customers have a secure, built-in guarantee that funds will only change hands if you provide what was agreed. You don’t need large company clout to do business.
Compatibility for the win - Better products and experiences are being built all the time because Kinglory products are compatible by default. Companies can build on each other’s success.
KinGlory ecosystem
The KinGlory blockchain allows everybody to create DeFi projects, social networks, e-commerce, search engines, and storage, providing various payment, trading, and financial services. KinGlory blockchain is large-scale, so its capabilities will develop over time as new dapps are added on it.

Decentralized finance (DeFi) - A more open financial system that gives you more control over your money and unlocks new possibilities.
Today, banking services are not available to billions of people for various reasons. Banking services are not available to the poorest and most vulnerable segments of the population. Many of these people are forced to leave for work in other countries. Due to the lack of access to banking services, they cannot send money to their relatives. The KinGlory blockchain solves these problems and makes payments available to all people around the world. KinGlory ecosystem allows anyone to send, receive, borrow assets, make a profit on staking or providing liquidity, and transfer funds anywhere in the world. The larger the KinGlory ecosystem, the more advantages it gives to people.

Non-fungible tokens (NFTs) - A way to represent unique items as Kinglory assets that can be traded, used as proof of ownership, and create new opportunities for creators.
KinGlory opens access to NFT and the features that this market offers. Modern NFTs are not only profitable tools for creative people and various collectors, but also an excellent mechanism for tracking and controlling anything, document, or asset. KinGlory allows you to track any assets. NFTs are already being used thanks to KinGlory’s partners in the medical field and their ways of applications are limitless. KinGlory allows you to realize them.

Decentralized autonomous organizations (DAOs)- A new way to collaborate and set up online communities with shared goals and pooled funds.
KinGlory provides everybody the opportunity to access “free” Internet services, securely store your information and personal data without fear that your data will be stolen or used in any way without consent.

What is KGC?
KGC is digital, global money. It’s the currency of Kinglory apps. KGC is a cryptocurrency. It is scarce digital money that you can use on the internet – similar to Bitcoin.

KGC Use Cases

KGC is the lifeblood of Kinglory. When you send KGC or use a Kinglory application, you’ll pay a small fee in KGC to use the Kinglory network. This fee is an incentive for a miner to process and verify what you’re trying to do.
Miners are like the record-keepers of Kinglory – they check and prove that no one is cheating. Miners who do this work are also rewarded with small amounts of newly issued KGC.
The work miners do keeps Kinglory secure and free of centralized control. In other words, KGC powers Kinglory.
KGC will become even more important with staking. When you stake your KGC, you’ll be able to help secure Kinglory and earn rewards. In this system, the threat of losing your KGC discourages attacks.
You can use KGC as collateral to generate entirely different cryptocurrency tokens on Kinglory. Plus you can borrow, lend and earn interest on KGC and other KGC-backed tokens.
Conclusions
The KinGlory ecosystem is based on the blockchain created by it, which allows users to safely deploy dapps, make payments between applications almost instantly, and create their own tokens. The KinGlory blockchain is fast, secure, and cheap to use. The transparency of the blockchain lets people to track transactions in the network and increases the trust of users in the system. DAO elements offer token holders to make important decisions in the life of the project and participate in the community ecosystem.

Read More Here
Website: https://kinglory.org/

Twitter: https://twitter.com/KingloryOrg

Telegram: https://t.me/kingloryorg

Author
Bitcointalk username: injhagi
Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=2622047;sa=summary
Bep-20 Wallet address: 0x04953C32c8Df985A68C85B19E79fdD82171Ffb60

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