KitToken

bellabuy (28)in #kittoken • 6 years ago

KitPay- Building a Future Financial System that Works on blockchain Technology and Smart Contract

Project Overview

Blockchain technologies and cryptocurrencies are the 2 keys to a lot of advanced, democratic and freelance society. Blockchain technology has become a force that's giving rise to new, localized structures which will form future societies, economies and every one of us individually.

KitToken is self-managing economic system with P2P transaction built on open supply platform known as KitPay. KitToken as “Organic Growth Profit-Sharing Utility”, is committed to develop a monetary system supported blockchain technology. It utilizes the value transfer protocol to induce transfer payments from one person to a different on a peer-to-peer substrate. It to boot aims to make a localized platform to attain a lot of timesaving and a lot of time-saving transactions across borders. Current payment systems area unit having heaps of drawbacks that must be updated, and hence KitToken move for innovative digital mobile payments.

Furthermore, the world trend of the monetary system has shifted to a stage where blockchain technology has taken the penultimate position as a driver. The current scenario of emerging technology, resembling blockchain technology, advances in technology, efficient, fast, secure, reliable and inexpensive transfer of funds, moreover because the use of crypto- cash by the masses. KITToken is subject to the development of a sustainable and stable monetary system based on the blockchain. It uses a value transfer protocol to transfer payments from one person to a different person in peer to peer system. It conjointly aims to make a localized platform to accelerate and accelerate cross-border transactions. It conjointly uses the world’s most powerful security systems to confirm its monetary system is quick and secure.

KitPay operate as a centralized server in a decentralized blockchain infrastructure in an interconnected network. KitPay can enable users to own a portfolio that stores, transfers and markets KitToken in everyday business activities. Holders of KitToken can have the benefit of the employment and appreciation of KitToken's worth. Ultimately, through a Point-of-Sale (POS) set up, KitToken Owners benefit from participation in the benefits of KitToken Inc.'s business activities.

Challenges

The payment process industry is prone a higher amount of security threat and creates the largest target of hackers and phishers. Billions are lost annually as results of most of the prevailing monetary systems are dependent on info dependent systems security that may be broken by brute force attacks. Countless individuals lose cash or their sensitive data is exposed to fraud thanks to the inefficient system to boot group action fee issue has conjointly been looked into in facilitating the usability of secured digital payment system for the people on the road.

The Solution

The introduction of blockchain technology permits for electronic transactions to occur in an exceedingly secure, settled, and tamper-proof manner. as a result of blockchains will contain each data concerning quality movement and otherwise, it is possible to place special computer software on blockchains to be executed by a network of computers, called smart contracts.

And KitToken seeks to supply a sustainable monetary system that's supported by blockchain technology. The platform can use value transfer protocols to facilitate the transfer of payments from peer-to-peer, customer-to-business and business-to-business. The system can give the monetary business with options like:

Secure and definite atmosphere

Connects merchants and people

Low fees, fast and reliable transactions

Sharing of profit among holders

Strong quality backed business activities

Self-governing technology and international remission

How the Project Work

KitPay fills as a server that is included in the decentralized blockchain framework associated with settings. KitPay will allow clients to have a wallet that stores, exchanges and exchanges KitToken on every day of worldly monetary training. The KitToken holder benefits from adscititious utilization and valuation for KitToken prices. Conclusively, by people from the Point of Stake (POS) Scheme, KitToken holders get a portion of the profits from KitToken Inc.'s business training.

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

TOKEN SALE DETAIL

1st- 10th August 2018 (ICO phase 1)

Bonus KitToken: 30%

11th – 20th August 2018 (ICO phase 2)

Bonus KitToken: 20%

Soft Cap: $5 Million USD

Hard Cap: $175 Million USD

Minimum Contribution: 0.2 ETH or $100

*Refer people to buy KitTokens and receive 5% referral bonus

PROJECT COST

Pre-operation and Operating expenses= $2.5 million USD

Travel Agency= $4.25 million USD

100 Laundromats= $5 million USD

Petroleum bunkering= $10 million USD

Neuroscience center= $127.5 million USD

Kitpay merchant integration= $25.5 million USD

Higher education programme= $75 million USD

Mobile outlets= $5 million USD

Roadmap

Conclusion

In the future, Kitpay’s technology may enable higher development of monetary transactions to fulfill the demand for new currencies. It permits quicker, quicker and safer payments.
From here we tend to visually understand that this project has the potential for a very wide prosperity. Visually examining the strategy and use case From KitToken, this sanctions investors to induce a very broad prosperity guarantee. Therefore, I urge you to invest the in ongoing ICO from KitToken.
The Great Team