Kalycoin is a cryptocurrency intended to be used by everyone.

in #blockchain2 years ago

Since the creation of the Bitcoin cryptocurrency in 2009, there has been a rapid increase in the total number of digital currencies in circulation globally. In simple words, a cryptocurrency is a digital or virtual currency designed to function as a medium of exchange. Over the years, cryptocurrency’s meaning has shifted from a mere means of online payment settlement. It has broadly expanded that many projects have emerged to define use cases for crypto and the blockchain. Digital Assets are becoming mainstream and need infrastructure that can combine efficiency with real-world required compliance. However, despite the positivity and euphoria that surrounds this new emergence, certain issues are still of concern to users. There’s not enough infrastructure that can combine blockchain efficiency with real-world required compliance and the number of use cases.

Traditional payment networks do not natively accept crypto-currencies today, It is a slow and expensive process. The market process strongly limits the number of people we can introduce into the cryptographic ecosystem. The KALYPAY system was created to solve this problem.

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About Kalycoin

Kalycoin is a cryptocurrency intended to be used by everyone. The project focuses on providing an efficient and convenient payment experience for everyone to pay for goods and services and the others partnering merchants, as well as cross-border transactions at competitive transfer rates. Kalycoin will allow everyone around the world by leveraging the latest advancements in blockchain technology to provide an new way cryptocurrency payment option with DeFi Integration, including smart contact development and the future integration with Artificial Intelligence systems. Kalycoin ecosystem will become a peer to peer money transfer system where this platform provides access to international remittances and low cost payment solutions for everyone.

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Mission of KalyPay

The mission is to Accelerate the Transition to crypto-currencies by building, on the one hand, a network of crypto-currency projects and, on the other hand, by focusing on developing the ability of merchants to accept cryptocurrencies as payment.

KalyCoin network to be a high-performance blockchain solution, which will make the transaction flows between crypto-currency users and merchants accepting crypto-currencies transparent, profitable, and secure.

Ecosystem of KalyPay

  • The Client - Use the network to perform inter/external transfers in the KalyPay ecosystem, crypto-currency payments, call unit reloading, and use of magnetic cards throughout the visa network. The client receives rebates funded by the network. The client will have the ability to spend crypto-currencies directly from the cryptocurrency account/portfolio at merchants, online or offline, without switching to fiat currency.

  • The Merchant - The merchant accepts payment methods from the KalyPay ecosystem reduces the costs of processing fees. The merchant offers customers network-funded discounts and demonstrates its ability to follow a new trends.

  • The distributor (franchise) - Distributor's role is to sell KalyPay services to the population to ensure proximity. Distributors will get Commission-based compensation for use of the range of services available. KalyPay communication tools and support and a presence in traditional media and social networks to facilitate their outreach.

  • Kalypay - Kalypay manages the flow of funds from customers to merchants and distributors (from transaction authorization to settlement), set specifications, and standards, and distributes processing fees to eligible participants in exchange for their services.

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Kalycoin(KLC)

KLC is the native token of the Kalycoin ecosystem. KLC is a digital currency that is at the core of a powerful new banking and financial services ecosystem based on encrypted and permission less peer-to-peer payments and money transfers, globally, that solve multiple problems. It is also being positioned as a leading payments channel in Global Payment Transfers. KLC is a DeFi token on the Binance smart chain that allows you to participate in decentralized finance.

Tokonomics

Token Name : KALYCOIN
Symbol : KLC
Total Supply: 75,000,000 KLC

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Roadmap

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Conclusion

Kalycoin platform will becoming a bridge and place for people to develop their portfolio and careers more efficiently especially for everyone who want to access decentralized finance market by providing various services, Besides, it's also very beneficial for merchant where it's offer new payment gateway, Even though there are various other platforms that give us the same goals and now that was exist today, some of platform out there still have many disadvantages such as lack of transparency and security, Thus Kalycoin come with new decentralized ecosystem where it'll offer decentralized concept where it'll become the advantage of their platform from its competitors. I hope this project will run smoothly and really recommend you guys to become part of Kalycoin community!

#kalycoin #Kalypay #Blockchain #crypto #cryptocurrency #bountycampaign

For more information, please visit:

Website: https://kalycoin.io/en/
Twitter: https://twitter.com/Kalypay
Telegram: https://t.me/kalypay
Facebook: https://www.facebook.com/Kalypay1/
Instagram: https://instagram.com/Kalypay
Whitepaper: https://kalycoin.io/wp-content/uploads/2022/03/Livre-blanc-KLC-FR.pdf

AUTHOR:

AltcoinsTalks Username: shuvenker999
AltcoinsTalks Profile url: https://www.altcoinstalks.com/index.php?action=profile;area=summary;u=22789
POA : https://www.altcoinstalks.com/index.php?topic=265049.msg1354479#msg1354479
Telegram Username : @shuvenkar22
Coinsbit registration Email: [email protected]

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