KryptoPal: the Free creation of websites, applications, POS systems with blockchain

Blockchain has really taken the world by storm thanks to one of its major implementation i.e. cryptocurrency. Sometimes, I do think that what would have happened if someone have not come up with cryptocurrencies. Would blockchain have achieved the same popularity as it has now? I don't think so. Despite, cryptocurrencies being so popular these days, we don't find their use in our common day to day lifestyle. One of the main reason behind this is it's hard to understand the cryptocurrencies and how to use them. I don't think that a normal shopkeeper would understand the concept of cryptocurrency. To be fair, I am still trying to figure out cryptocurrencies and their usage.

Also, it would take some time for the world to accept the use of cryptocurrency. To use some of the well-known cryptocurrencies (like Ether, Bitcoin) various software integrations are required which make the use of cryptocurrencies a tough nut to crack.

We might still not know what can be achieved by blockchain but one thing is certain that blockchain does have potential to become one of the revolutionizing technology of all time. This why I decided to look for some tutorial or software which could help me get started with blockchain (mainly cryptocurrencies). Interestingly, I found KryptoPal which promises to add blockchain feature to any app or website. After going through the company's profile I found out that it was much similar to PayPal except for the fact the fact that they deal with cryptocurrency.

KryptoPal platform

KryptoPal is a company who wants to ease developers wanting to develop their product based on blockchain technology. KryptoPal will provide a platform which can be easily integrated with any browser, apps or IOT device.

Some of the common use cases of KryptoPal are

➢ The developer can create wallet app very easy which will allow their users to exchange cryptocurrency. KryptoPal will allow users to convert any cryptocurrency to any fiat money.

➢ Users can also pay or purchase inside the games using KryptoPal SDK . The platform will automatically convert user's cryptocurrency to the one accepted by that game

➢ You can also purchase anything for an e-commerce website

➢ Users can also pay with cryptocurrency at any local store while checking out using that store's POS through KryptoPal SDK

➢ The developer can also release their own token throughout their own ecosystem. They can also create their own loyalty programs and monitor those

KryptoPal SDK allows app any to quickly connect through Ethereum blockchain. This will allow the users to connect with other application in the global network and they can easily perform any crypto transactions.

ICO and Team

KryptoPal uses ERC20 token which is created on Ethereum blockchain. The company has released a total of 1 billion tokens. KryptoPal will organize a public sale for the token from 31st July 2018- 30th September 2018. These tokens will be used by the customers to access some of the premium features. Users will also need the token to access the network and as a transaction fee. These tokens will be sold in a different phase, the first phase will start with 1 KPX= $0.08 USD and the final phase with 1 KPX= $0.16 USD.

Conclusion

KryptoPal wants to help startups build their product quickly using blockchain technology. The company believes that blockchain technology holds the key to our future and it's important that developers can easily develop a product based on that. Developers can configure and integrate various toolsets provided by the company to implement various features in their app. This will also mean that app developers will not have to know the entire details of how the blockchain works in order to develop a blockchain based product.

I believe that this project could become a leader in its sector. Having gone through so many companies based on the blockchain, I have not yet found anyone with a unique idea as KryptoPal. I think it's a great opportunity to become a part of something different (which is also going to give better returns). One thing which surprises me is the lack of online presence. The company with such a great idea but no online presence does create a bit of doubt in my mind. So, do go through the company's website and other social network and find out more detail before investing in the company.

Website - https://kryptopal.io/

Whitepaper - https://kryptopal.io/wp-content/uploads/2018/04/Whitepaper.pdf

ANN - https://bitcointalk.org/index.php?topic=4417025.msg39393020#msg39393020

Telegram - https://t.me/kryptopal

Published by - jessicalaurenbt

Profile - https://bitcointalk.org/index.php?action=profile;u=1936052