KABN TOKEN REVIEW

gameofbitcoin (48)in #kabn • 5 years ago

Long time crypto coins have created a niche in which they develop, and many users are always close. The acceptance of this currency has not been able to transfer the digital zone and the interested users while dealing with them. The high-level encryption currency has a large degree of adoption and becomes important in the real world for efficient operation, so users can rely more and are more pleased with their use. So KABN TOKEN grew.

KABN TOKEN

The aim of the project is to increase interoperability of cryptographic currencies and to make them more relevant to the Fiat environment. Cryptographic parts have many applications on this platform; Users with IDs have shown that they enjoy the encryption process of the platform. This is done in an extraordinary way with the KABN indicator and solves existing problems by using crypto-currencies through innovations, which increases existing data and makes it more complete for markers. The problems encountered when using cryptography and trademarks to transfer KABN to the brand problems industry to facilitate the crypto-currency and currency. Because it is limited to what you can do with missing data, it guarantees the integrity of all data for users.

KABN OPERATIONS

In order to increase the acceptance of cryptographic parts, everything should be planned and cannot be accidental. You can do this by splitting users into two categories for easy access. Millenium users are the ones who believe in the use of cryptographic parts when BTC is shown to be useful and efficient, and another user seems to be paying for all the features that can help their investment. Regardless of the category of users, this platform tries to show all cryptographic currencies, demonstrating how they can be successfully implemented into daily activities and how they can be used in real transactions. . Unlike the previous ones, banking services now work on the Internet for convenience and many users have direct access to transactions. Banking will no longer be limited to offline buildings that are time-consuming for their customers but become more accessible over the Internet. Now, users with cryptographic sections have been authenticated and verified because this platform is being used to simplify operations.

The world has faced many contradictions with the popularization of hidden games. One person objected to continuing, the other one saw the opposite. At this point, it's hard to determine which one is right, but the encryption project sector will continue to show us new solutions to old problems. Of course, one of the most urgent problems is the conversion of cryptographic currents into ordinary Fiat coins, and vice versa. This type of process usually takes a long time and usually cannot provide the necessary settings for the user because of the bad currency pair, the late conversion time and the high prices. All these obstacles are the main obstacles to the development and maximum acceptance of crypto accidents in the world.

But, as they say, the bright spirit of humanity cannot sleep at night, there is no question of changing everything and offering people a suitable tool for everyday life. And today it's good to talk about it.

About the project
The name of the project we will analyze today is KABN. KABN is a new financial platform based on the blockchain technology that adapts to this type of service such as NEO Banking.

https://www.youtube.com/watch?time_continue=3&v=Ab5oPEjIxIU

Days to KABN
The first evangelists of cryptographic currencies suffered from the consequences and limitations in their attempt to integrate the new payment system into reality. Only three (3) years ago, fair trade companies became interested in cryptographic coins. However, the adoption wave remains weak, since favorable payment structures have not yet been created.

On the other hand, strict rules are waiting for startups that must fulfill all obligations of the US banking sector. These rules apply to the KYC (Know Your Customer) rules, AML (Anti-Money Laundering) and the General Data Protection Regulations (GDPR).

These are interesting approaches, but the positive effects may not be known for some reason. Token issuers often bypass the requirements of the US Securities and Exchange Commission (SEC). This discomfort caused strict measures SEC on the distribution of chips, which often require issuers to return the collected funds.

Similarly, there are trends that the available data are not complete, which reduces the prospects for the production of tokens. These problems caused the invention of KABN; The platform is designed to reposition the chip production sector and improve crypto-fiat compatibility.

Global Identity Service
Most startup companies trying to comply with GDP rules are often a bad step. Following the security markers (STO) bids, these new companies continue to distribute tokens to investors. They also collect and store customers' personal data. Archiving is fragmented because focusing on computers and related devices can become pirated or lose vital information due to malware / virus attacks.

Therefore, KABN changes the tendency to integrate a global identity (KABN ID) which is a tool for collecting and storing user data in an encrypted database. In this case, the data will not have malicious access because it is based on personal identification information (PII): users will verify their identity before accessing the data. Authentication and validation are compatible with GDPR and are available in more than 180 countries.

This frictionless global identification system (Global ID) uses the Always On solution to authenticate users.

Encrypted card
It is very difficult to spend cryptographic currencies on physical products and services. This was the main disadvantage of digital resources. It also reduces participation in more adoption. The current tool for accessing encrypted funds is to load bank card activities using third-party platforms such as Cryptopay and BitPay.

KABN deserves applause because it is an important step to reposition the way users spend their digital resources. He joined Transact Payments, a leading member of VISA. The Alliance launched the Visa Pegasus Flyte card. It also has a basic mobile banking portfolio that acts as a payment gateway for the card.
Flyte Pegasus Visa Card is a bank card with cryptographic connection that allows you to convert digital assets of your cryptographic wallet to currency. It can also be used on all VISA terminals, such as ATMs. You can install the card with money and purchase it online. In fact, KABN tries to simplify the operations for cryptographic users. The introduction of this encryption card and mobile wallet is an indication of the best possible things in the cryptosphere.

KABN HASH - Loyalty program inspired by new banks
On this basis, KABN offers a neo-banking approach. This approach allows users to return certain dividends in the form of low transaction costs and loyalty programs. In this case, KABN HASH, the reward mechanism of the platform, re-distributes the rewards to end users. Here's how it works:
Users buy at Fiat stores and online product websites. By paying with Pegasus Flyte Visa cards, KABN wins a commission. As a result, the platform calculates each user's transaction amount and rewards potential users with 5% of the accumulated dividends.

In addition to cashback awards, KABN HASH also collects user behavior and assigns it to the encrypted database.

My opinion
The project is very interesting and draws attention to all the positions I have written before. But I am very pleased with the relationship of KABN with VISA (which I may be mistaken), but this is the first block that it works on. And that says a lot. Therefore, I sincerely believe that after the launch of KABN, they can implement all their plans and bring new tools
to the world for joint users and professionals and knowledge professionals.