Kittoken review
INTRODUCTION
KitToken: The Crypto-Hero
There is an increasing global trend in the adoption of blockchain technology in the day to day financial transactions between industries even down to the common man. As the saying goes "Money makes the world go round" , but there are some hitches here and there in the transfer of value from place to another and that is why the blockchain technology is so reverred because of its transparent and fast financial procession but there are the issues of centralization, slow transaction times, transparency and security, which is Mr. Amir and his team of experts at KitToken Inc. have come up with KitToken.
What is KitToken you ask?
KitToken is a decentralized blockchain-based secure financial platform that is committed to revolutionizing the transfer of value from one party to another and doing this in the fastest, most secure and most transparent way possible. So let’s look at how KitToken wants to achieve this goal
The KitToken Ecosystem
The ecosystem will be utilizing an open source platform called KitPay which will act as the interface through which users are able to manage their financial assets and perform exchange of digital assets. The KitToken wallet will be one of said assets and like a natural wallet which houses our money, credit cards and identities; the kitToken will be just like that in the sense that it will allow storing, transferring and trading of KitTokens. Also an added edge for users of the KitPay is that using the Proof Of Stake (POS) algorithm there will profit sharing for them from KitToken Inc.'s business activities.
KitToken's software solution has undergone strict security, performance and usability tests to ensure that customers are protected from the various attacks that are rampant on the internet these days. The KitToken wallet will be utilizing QR codes during payment processes for increased security.
The KitPay and KitToken are based on the Ethereum blockchain infrastructure which is one of the stable there is. It specifically use ERC-20 token of the ethereum blockchain which allows smooth transactions and permissions on the ethereum but in addition, the KitPay will be allowing interaction and interoperability with external parties depending on the extent of demand on the KitToken.
What KitPay is trying to achieve is a stable, less susceptible platform for storing and transacting digital assets utilizing the Proof-of-Work (POW) and Proof-Of-Stake (POS) algorithms. The POS to record the wallet status of customers for profit sharing and the POW to monitor the transaction of digital assets by token holders.
There is the KitPay web platform which is a webpage that hosts the KitPay platform; there is the main application which the user will be using to manage his assets and it has functionalities like Authorization, sending and receiving token, balance and other tools to ensure effective user experience and also the mobile application interface developed on Truffle which has the same functionality as the web platform but has additional features like QR-code scanner, PIN-code or fingerprint security and also push notifications to ensure increased mobility and accessibility of the platform. Communication by KitPay with the front-end application is managed by node.js.
Use CASe
Let’s talk about David who wants to delve into cryptocurrency but has been having cold feet because of the constant threats of hacking and the outrageous third party charges on transactions. Now with KitPay, he can easily transfer and store his digital asseets while monitoring their status at any time and earning from the profit sharing of Kit Inc.
Conclusion
Really, it’s a "no-brainer", KitToken is offering a way-out of cryptocurrency transaction woes with faster transaction times, low transfer fees, transparent transactions, higher security levels and even earnings. For your fast and realiable crypto transactions, KitToken is the way to go and all you have to do is just sign up and give it a chance.
It will be the best decision you ever made.
The TEAM
The Management Team are:
- Mr. Amir Mohamed -Chief Executive Officer (CEO)
- Mr. Khalid Abu Hassan -Senior Vice President Corporate Finance (SVP-CF)
- Mr. Mohd Taufik Abdullah -Senior Vice President Business Development (SVP-BD)
- Dr. SitiZaharah Ismail -Chief Strategy Officer
- Ms. Nurul Ain Hassim -Chief Information Officer & Technical Lead
- Ms. Irma Mardiana Abu Rahim -Backend Developer
- Mr. Ahmad Faiz Amir -Lead Programmer
- Ms. Siti Salbiah Nur Hussin -Blockchain Integration Manager
- Dr. Wan Asiah Wan Adnan -Project Manager
- Maj (R) Rusydi Noh Ramli -Operation Manager
Advisors:
- Mr. Sujith Somraaj -Founder & CEO StellarGold
- Mr. Ben Jones -Crypto Currency Evangelist
To learn more about this revolutionary project, visit the links below:
Website: https://kittoken.net
Whitepaper: https://img1.wsimg.com/blobby/go/030bdbd0-d698-4aa3-ba4d-d2bc680f2ec9/downloads/1ckcml5k4_576533.pdf
Linkedin: https://www.linkedin.com/company/kittoken/
Twitter: https://twitter.com/TokenKit
Video
Writer
Writer: Ambition1
Bitcointalk Profile Link:https://bitcointalk.org/index.php?action=profile;u=2192942;sa=forumProfile
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