KINESIS: THE GOLD AND THE SILVER AS BACKING OF YOUR MONEY

**¿WHAT IS KINESIS?**

Kinesis is a decentralized platform that allows you to back your money in silver and gold, which results in an investment that offers great long-term economic benefits. This new monetary system is positioned as a great step that revolutionizes the traditional monetary system, since it offers a better service to the user and opens the compass for the negotiation of cryptocurrencies and their assets.

MISSION AND VISION OF KINESIS

Kinesis provides greater security in the management of cryptoactives. Its mission is to offer a monetary system that minimizes the principle of spending an asset of higher value than the minimum value, that is to reorient the practice of asset expenses. Looking for profit while accumulating. Kinesis seeks to generate more mobility within the market and improve it.

His vision, on the other hand, seeks to provide paths for the evolution of the environment of cryptocurrency and commerce, guaranteeing the user a decentralized, safe and updated platform in order to improve the traditional investment system.

KINDNESS OF KINESIS

Among the advantages offered by this platform we have the following:

• Security: Kinesis is based on blockhain and data storage technology, which makes it reliable for the user.
• Efficiency: Kinesis by allying with the blockchain Estellar allows the need for scalability demands, since this alliance allows more transactions per second.
• Reward: within the Kinesis ecosystem, an incentive system for users was created in order to avoid the stagnation of currencies and generate more profits.

KINESIS ASSETS

• Gold and silver: Kinesis is backed by gold (KAU) or silver (KHAG), this means that the user's currencies are backed by these physical assets. Each owner owns their bullion without having intermediaries or being subject to external entities.
• Performance: Kinesis performance is based on the movement of the market.
• Blockchain: the chain of blocks comes to improve financial processes within Kinesis.

CHALLENGES AND SOLUTIONS OF KINESIS

Currently, the world of cryptocurrency is gaining more and more space and revolutionizing the traditional economic system, however, there are important problems that must be overcome to avoid the stagnation of the digital economic system. In this sense, Kinesis intends to make contributions to overcome these challenges, which are highlighted below:
• Problems of the cryptocurrency market:
• One of the most specific features of handling a cryptocurrency is the fact that it does not have a fixed reference value, which can translate into a loss for the user, in this case, Kinesis backs the coin with gold and silver giving it a value set to it.
• Problems of the foreign exchange market: kinesis presents a form of savings backed by physical cryptoactives (gold and silver), since the fiduciary money in itself does not favor saving and the banking entities earn with their devaluation.
• Problems of the gold bullion market: until now, the precious metals market system is maintained by patterns of traditional behaviors that affect the speed of the process. Kinesis offers its own execution protocol that revolutionizes this process.

ABX AND KINESIS

ABX allows operators to use a secure platform to buy and sell precious metals. The alliance with Kinesis generates a safe and reliable environment for users.

KINESIS SYSTEM

Source

Kinesis offers a friendly interface with digital resources that will promote its best development in the digital economic system. These resources are described below:

• Kcx: shows where the currency is created and concentrated.
• Kbn: is the blokchain system in which the currency is supported. Here you can buy, sell and even spend the currency.
• Kbe: guarantees the currency's liquidity and favors digital exchange.
• Kfn: this is perhaps one of the newest features of Kinesis, because this platform offers a debit card that the user can use to access their savings immediately.
• Kcc: offers the opportunity to make payments for services

USES OF KINESIS

Kinesis is a platform that can be applied in any situation, in this opportunity I leave the following application case:

María has a sewing workshop that generates income and profits, however, due to the economic situation her country is going through, these are not enough to cover all her needs. Maria starts thinking about how she can increase her earnings and goes to an online forum where she recommends that she try kinesis. This platform review asks the pertinent questions and decides to trust Kinesis and make an investment. This investment is worth it quickly and Maria can increase her profits, thanks to her coins.

CONCLUSIONS

Kinesis benefits users to the extent that it provides them with security at the time of investing, since their investment was made on the basis of real support, that is, in gold or silver. At the same time, this advantage keeps the currency stable, which favors profits, buying and selling within the digital economic system.

It is a platform directed not only to a select group. This can be used by anyone who wants to invest and increase their savings and profits. This provides the user with the activation of a debit card that can be used to access their savings, provided that the technology exists to use it.

Abx provides all the information to kinesis on the administration of the purchase and sale of precious metals and Kinesis offers a new protocol to organize and make these processes more efficient.

Kinesis definitely offers less volatility, because by being anchored to physical assets such as gold and silver, the operators of the cryptographic market will be more secure when making their investments. For nobody is a secret that a currency could be in a price at this time and the other can collapse its value, precisely, from the philosophy of Kinesis, these risks could be minimized.

If you want to know more about this platform, you can visit these links:

https://kinesis.money/documents/whitepaper.pdf
https://kinesis.money/es/
https://es-la.facebook.com/kinesis.monetary.system/
https://twitter.com/moneykinesis?lang=es
https://medium.com/@kinesis/kinesis-on-telegram-6c825eb7c641