Kencoin: The first adult industry related cryptocurrency
Kencoin review
With the introduction of the internet, data has become a public issue, with several major companies making huge sums of money annually from the selling of data. This has made the issue of personal data one of the most talked about issues. Also, it has spurred the implementation of the General Data Protection Regulation (GDPR) which seeks to offer individuals the power to control how their information is gathered and processed. One of the areas where people seek 100% anonymity is when it comes to sex-related issues. This is because they definitely would not want their data being processed as it could lead to a deformation of character. This has become a challenge for all those in the adult industry. Regular industry visitors would feel reluctant to make adult content purchase through their credit card or PayPal. This has made it difficult for adult content creators to make profits.
The Kencoin platform is the solution to this industry problem.
What Is Kencoin?
Kencoin is a blockchain based platform that was designed primarily to offer users total anonymity when making purchases or dealings with adult industry players. This platform is a secure and safe one. It ensures that all information that is provided cannot be seen by anyone. All transactions that are carried out through this platform cannot be seen by anyone on the network. Kencoin is actually the first cryptocurrency network that has been developed for the adult industry.
Although the Kencoin platform allows users to contact each other, it ensures that they are able to do so without having to reveal the identity of each user.
Features Of Kencoin
1. Complete anonymity; this is the main feature of the Kencoin network. With the help of the blockchain technology and some anonymity technology and protocols, the Kencoin network seeks to offer users complete anonymity. The wallet of each user is completely anonymous. The adult platforms or websites that Kencoin has partnered with do not require users to sign-up or register before accessing their websites.
2. Validation; the Kencoin network ensures that each transaction and block that is recorded is valid. This makes the network a much more secure platform at the same time fending off attacks from miners and different banking organizations.
3. Secure network; the Kencoin network has been designed with Cryptography which makes the network secure. You will find it interesting to know that the algorithms and models that are used by the developers are the most efficient, latest and most reliable ones available. This makes the platform one of the most secure cryptocurrency networks in the world. For anonymity, the network has also integrated certain technologies and protocols like the ZK-Snarks.
4. Little or no transaction fees; one of the advantages of cryptocurrencies is that they charge lower fees when compared to traditional banks. The Kencoin has made the acceptance and storage of the Kencoin token free of charge. Users are expected to pay a little charge when they carry out transactions with adult content creators or service providers.
5. No chargebacks; for adult content providers, the Kencoin network eliminates the issue of chargebacks that exist in most of the other platforms. This serves as a fine incentive for more service providers to join the network.
Benefits Of Using The Kencoin Platform
1. User advantage; on the Kencoin network, users are able to receive dating partners. With the transfer of coins between users available on the network, these users could get involved in an anonymous social media chat. Through this process, they are able to meet other adult content lovers.
2. The merchant wallet; this wallet is capable of adapting to the needs of merchants. The wallet is capable of getting coins live.
3. Payment gateways; all Kencoin partners (that is adult content creators and service providers) would have a customized payment gateway that is developed by the Kencoin development team. This gateway is made scalable to ensure that in the future, it would continue to operate as the network users grow.
4. Offline usage; users can make use of their wallets offline. Interestingly, this offline usage will provide the same level of anonymity, reliability, and security that is provided by the online wallet.
5. Multiple partners; the Kencoin platform has partnered with top adult content service providers and creators, thus giving their users the opportunity to choose from the best.
Conclusion
The Kencoin network was developed for the adult industry to ensure that all industry players are able to offer their services to users without requesting for the personal information of these users.
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Written by tibo