KNL ECOSYSTEM - DIGITIZATION OF REAL ESTATE, PROPERTY AND GRAIN ASSET

lekato (12)in #ico • 5 years ago

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INTRODUCTION
Blockchain innovations capacity to immediately record, approve and share tremendous measures of information could be a genuine distinct advantage for some enterprises. This is particularly valid in the agricultural and real estate segment where the innovations could be utilized to improve food production and distribution, payment options and supply chain management which is why KNL ECOSYSTEM has adopted the use of blockchain technology in its new platform

At its core, Blockchain is an electronic framework that takes into account record-keeping of exchanges continuously. At the point when members in a blockchain framework complete an exchange, the time, date, nature and cost of the trade is recorded. When the parties involved have affirmed the precision and accuracy of the data, it is then recorded permanently and can be made available to each other member in the framework. Blockchain innovation hence momentarily makes a consolidated record that comprises a solitary and shared version of the truth.

KNL ECOSYSTEM through the use of Blockchain technology will Improve and enlighten security, straightforwardness and also builds trust between two or more gatherings involved. It also decreases expenses and increase effectiveness. Because of these advantages, KNL ECOSYSTEM through the use of blockchain innovation could be the way to modernizing agricultural trade.

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How KNL ECOSYSTEM could change the whole AGRICULTURAL Sector
FOOD & PRODUCT TRACEABILITY
Like never before, customers are looking into the roots and substance of their foods. Demands for natural items, meat and locally cultivated produce has developed generously in the previous couple of years. In any case, when customers throw an item in their basket or container, would they be able to believe the label on the product to reveal to them what they're truly getting? The development in buyer tastes has given rise to a significant food fraud industry. Makers can without much of a stretch sell mislabeled items, on the grounds that the retailer or last purchaser has no genuine method for confirming an item's source.

Through the use of blockchain technology in KNL ECOSYSTEM, data can be recorded at each progression in the food supply network, blockchain innovation can also give dependable data in regards to the beginnings of food item and the accurate voyage it took from homestead to table. It could empower customers to confirm from which affirmed ranch their strawberries were picked from or in which field their grass-bolstered hamburger was raised with a single screen tap.

Some organization such as British Company Provenance has effectively tried different things through the use of this application. Using blockchain innovation, the Provenance application effectively tracked fish from fishermens' vessels in Indonesia to cafés in Japan. The fish were labeled and went into a blockchain framework after they were gotten. Hence, another section was made each time the fish changed hands, enabling the last purchaser to know precisely where the fish originated from. Apps like Provenance can possibly enable purchasers to follow not just the source of a solitary bit of meat or vegetable, however of each fixing contained in an item.

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ENHANCING THE SUPPLY CHAIN
Notwithstanding helping customers make informed purchased, the improved production and supply network could likewise enormously profit farmers in KNL platform. The rural area's production network is famously opaque and complex, as shipments change hands on various occasions before arriving at their last goal. It is hard for farmers to know where, for what cost and the amount of their items are ultimately sold. This absence of data leaves them helpless, and at the mercy of traders who can dictate order prices and quantities
The use of blockchain technology in KNL platform will help in amendment of this problem by recording and saving transaction progressively and giving state-of-the-art free market activity data to members. Having full access to such data could enable farmers to appropriately set their own costs and optimize the amounts of items they put out in the market. In addition, the use of blcokchain technology by KNL ECOSYSTEM will help keeping a progressive record of members' exchange and transaction histories which will make it a lot simpler for parties everywhere throughout the world to complete transactions without the requirement for third-party and operators.

GOOD PAYMENT OPTIONS AND BETTER PRICING
KNL ECOSYSTEM is designed in such a way that it can give lower cost and quicker installment and payment choices to agri-business members. In the present framework, it regularly takes a long time for farmers to get paid for their produce, and local payment methods, for example, WIRE transaction can be very expensive. KNL ECOSYSTEM will address a portion of these inefficiencies. Numerous engineers and developers have effectively structured blockchain-based applications that accommodate cheap, secure and immediate peer-to-peer transfer of funds. Some are notwithstanding utilizing "brilliant contracts" that trigger installments naturally when the fulfillment of a specific condition (for example conveyance of products) is affirmed by the purchaser. As of late, some farmers turned into the principal individual to settle a horticultural exchange utilizing this kind of innovation and more will unquestionably emulate his example.
KNL ECOSYSTEM isnt just about agriculture alone but other area like REAL ESTATE, FINTECH and OIL INDUSTRY. Some of the problem KNL is ready to solve in real estate includes lack of funds for construction due to some irregularities in construction sectors. Delay in the period of constructions is another problem KNL ECOSYSTEM has promised to solve through the use of blockchain technology. Lack of finance and funds has been the major reason behinds businesses fold-up recently but with the help of KNL ECOSYSTEM, It has promised to help the projects by raising substantial and needed funds for the projects.

KNL PARTNERS
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KNL TOKEN
This is a native token launched in KNL platform which projects and members will be using in accessing the platform. KNL is a utility token on ethereum blockchain network. Details of the token below

Token Name: KNL
Token Cost: $0.10
Token Supply: 58,000,000
Token Type: Utility

ROADMAP
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