KITTOKEN - A Secured and Reliable Payment System

in #ico6 years ago

With the problems associated with the payment processing industry, which is the largest target of hackers and phishers. Billions are lost each year because most of the existing financial systems are reliant on database reliant systems security that can be breached by brute force attacks. Millions of people lose money or their sensitive information is exposed to identity theft due to the inefficient system. Additionally transaction fee issue has also been looked into in facilitating the usability of secured digital payment system for the common people on the street.

Furthermore, the global trend of the financial ecosystem has moved to a stage where blockchain technology has taken the penultimate position as a driver. The current scenario of emerging innovative technology, such as blockchain technology, advances in computer technology, efficient, fast, secure, reliable and low-cost transfer of funds, as well as the use of crypto- money by the masses. KITToken is subject to the development of a sustainable and stable financial ecosystem based on the blockchain. It uses a value transfer protocol to transfer payments from one person to another. in peer to peer. It also aims to create a decentralized platform to accelerate and accelerate cross-border transactions. It also uses the world's most powerful security systems to ensure its financial ecosystem is fast and secure.

With KitToken, there is a sustainable financial ecosystem that is based on blockchain technology. This ecosystem will use value transfer protocols to facilitate the transfer of payments from peer-to-peer, customer-to-business and business-to-business. The ecosystem will provide the financial industry with features like: Secure and definite environment, Connects merchants and individuals, Low fees,fast and reliable transactions, Sharing of profit among holders, Strong asset backed business activities, Self-governing technology and global remittance.

KitToken is a self-managing financial system with P2P transaction based on open source platform called KitPay. KitToken as “Organic Growth Profit-Sharing Utility”, is committed to develop a financial ecosystem based on blockchain technology. KitToken utilizes value transfer protocol to achieve the transfer of payments from one person to another on peer to peer basis. It also aims at building a decentralized platform for achieving faster and quicker transaction rates. Current payment systems are having a lot of drawbacks that needs to be updated and hence KitToken make way for innovative digital mobile payments. KITToken is subject to the development of a sustainable and stable financial ecosystem based on the blockchain. It uses a value transfer protocol to transfer payments from one person to another. in peer to peer. It also aims to create a decentralized platform to accelerate and accelerate cross-border transactions. It also uses the world's most powerful security systems to ensure its financial ecosystem is fast and secure.

FEATURES OF KITTOKEN PLATFORM

  • Secure payment transfers –

Unlike the current payment and remittance options that exist, KitToken will be more secure because it is based on blockchain technology. It will be impossible for hackers and phishers to breach the blockchain especially since it is using advanced hash functions that make it safe from Sybil and other network-based attacks. This makes any transactions secure.

  • Fast global transactions –

Making a transfer across the globe is quite slow due to the issues of clearance and settlement of payments. KitToken will provide an alternative that makes the transfer of payments anywhere around the world happen in real-time. This will be beneficial especially for e-commerce and drop shipping transactions that rely on fast transfers.

  • Low transaction costs –

Many of the existing payment transfer methods require high transfer fees. Most of them charge 10-20 percent in transfer costs. This is too high especially considering the unsecured nature of these transactions. KitTokens will charge a fraction of the transaction costs making it more affordable for vendors and merchants.

  • Sharing of profit among holders –

KitToken also provides additional benefits by sharing the profits made from the transactions with token holders. Regular airdrops will be made to those holding KitTokens. This provides a passive income opportunity that requires no skills or investment.

  • Reputable and compliant –

KitToken is a cryptocurrency that will be trading on an SEC-Compliant exchange and it is also officially registered with the Malaysian government. This gives it a legitimacy that most other cryptocurrencies do not have. It will also adhere to any new regulations by the SEC or the MAS.

HOW DOES KITTOKEN WORK?

KitPay works as centralized server within a decentralized blockchain infrastructure in a connected to network. KitPay will allow users to own a wallet which stores, transfer and trade KitToken in daily conventional economic activities. KitToken holders benefit from convenient utilization and appreciation of KitToken value. Ultimately, via a Point of Stake (POS) Scheme, KitToken holders receive profit sharing from KitToken business activities.

KITTOKEN STRATEGIES

  • Bridging the gap between merchant and users

To create a community of merchant and users; including goods and service providers,medical services,air travel and hospitality as well as educational services to accept KitToken as mode of payment worth 1.5 trillion. To create Malaysia's first hybrid crypto wallet platform known as kitpay.

  • Awareness and recruitment

Create and promote awareness among KitToken holders through dropping and incentive measures. Recruit 1 million KitToken regional holders and facilitate a $ 2.5 trillion peer money transfer

  • Benefits and extension of the network

Create unique high value projects that will contribute to an annual gain of 3-5% for kittens owners. To expand the network of users through a branding strategy and aggressive promotion

WHY CHOOSE KITTOKEN?

TOKEN AND ICO DETAILS

KitToken and KitPay is engendered on Ethereum blockchain (an ERC20 Token) and running on the fundamental Ethereum hub.

Token Details

  • Token name: KitToken

  • Symbol: KIT

  • Decimal: 18

  • Cost per token: $0.05

  • Total Supply: 8 Billion

  • For Reserve: 2.5 Billion

  • For sale: 3.5 Billion

  • Airdrop+Bonuses : 2 Billion

ICO and Pre-sale information

  • Early Bird sale event : 20th to 25th July (Bonus 70%)

  • 26th to 31st July(Bonus 50%)

  • ICO sale : 1st phase -August 1st to 10th (Bonus 30%)

  • 2nd phase-August 11th to 20th

Do not miss out in this credible investment opportunity, please visit thier website: https://kittoken.net for more token sale details eg contract address.

Token Distribution

ROAD MAP

For more information, please visit:

Website: https://kittoken.net

WhitePaper: https://img1.wsimg.com/blobby/go/030bdbd0-d698-4aa3-ba4d-d2bc680f2ec9/downloads/1chf5j90p_313571.pdf

Bitcointalk ANN: https://bitcointalk.org/index.php?topic=4557979.msg41057899#msg41057899

Twitter: https://twitter.com/TokenKit

Facebook: https://www.facebook.com/KitTokenOfficial

Medium: https://medium.com/@kittoken.official

Author: JigaMola

Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1847143

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