KINESIS
INTRODUCTION
Kinesis Financial Network (KFN) Is a mobile banking system where the currencies can be used for savings, payments, remittances, and money movement also includes Mastercard and Visa debit access, its has high transaction speeds and increased security of the protocol to facilitate spending on the KinesisCommercial Centre.
Kenisis is the only block chain that deals with gold and silver and can bring them to your home.
Kinesis was designed to overcome drawbacks through the development of a universally adopted, decentralized,asset-backed monetary system. A monetary
system that is efficient, secure, fair, and incentivizes commercial exchange. Its aim to deliver an evolutionary step beyond any othe monetary system. Kinesis monetary system delivers an internationally fungible monetary system, designed to give back to those who participate on trying to create a solution for the global need for sound, reliable money. Kenisis monetary system combines new world decentralized technology with the oldest,fairest, and most sustainable form of money.
Kenisis is advisable for use because it rewards the use of its own currency and encourages commerce and economic activity.
MAJOR ELEMENTS OF KENISIS
1.Gold & Silver
2.Yield
3.Blockchain & Cryptocurrency Technology
The primary elements of Kinesis are:
Gold & Silver
Kinsesis currencies has stored gold and in places all over the world, they are definable stores of value that could be required for use in commercial and private transactions and investment. These golds and silvers could be collected by customers regardless of the location of the customer.Yield
A perpetually recurring yield generated from economic activity, not from debt-based interest like fiat currency. Provides definable value via Net Present Value (NPV) calculations for use in commercial, institutional and retail investment.
- Block chain & Cryptocurrency
Technology. This enables the exchange of kenesis coin to any other crypto currency.
CHALLENGES FACED BY KENESIS
• Addressing Cryptocurrency Market Problems
The Volatility in cryptocurrencies make them non-viable stores of value and unsuitable for use as currencies.
They are not viable reserve currencies that can facilitate global commerce.
These characteristics prevent mass-adoption, as a currency must be stable and mimic a fixed article of
exchange in an economy. If a business with budgeted profit margins takes a significant risk
in accepting these currencies as a form of payment, or as a reserve currency to sit on their balance sheet. Money was created to serve and bring efficiency to commercial transactions.While the early cryptocurrencies have laid the blueprint for a decentralized future, their current limitations prevent their sustainable use in commercial applications. Nevertheless, they have
paved the way forward for new and improved innovations like the Kinesis Monetary System.
• Yield
The gold and silvers cost money to hold securely. In this respect, a yielding asset like interest bearing bank deposits or stocks paying dividends become a more attractive investment option for investors looking for a yield on their. investments. The Kinesis Monetary System gives yield to the gold and silvers attaching multiple yields for varying degrees of passive or active participation. As detailed
later in this paper, the proposed model outlining the multifaceted yield system offers a more attractive
alternative than the yields on offer for passive investors, as well as highly incentivizing participation for those who wish to be active.
Other problems are addressing fiat currency market problems and addressing bullion market problems
The executive team
The operations team
The development team
The advisory team
kinesistwitter
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