KINESIS: Bringing Evolution To The World's Monetary System

mrrpiusz (60)in #technology • 6 years ago (edited)

Introduction: The World Monetary System

A brief assessment on the history of the world's monetary system shows that man's stern interest in this sector has brought about evolution. The word "Evolution" can also be applied to our monetary system because it is evident that in as much as our world is evolving, major sectors that influences the evolution of man are also following suit; Our monetary system is a great example.
The world's monetary system is believed to be old as time itself. Throughout history, various items have been used for trade in a system popularly known as trade by barter.
Over the years, many other media have been used to facilitate trade including the use of cowries, coins, printed currency notes, and a whole lot of other forms. Today, our monetary system is being governed by modern technology. Every individual wants to invest in a system whereby his/her investment is kept secured and is assured of profit and security of the investment.
Simce the inception of cryptocurrency, the whole system changed, the world monetary system has talen a whole new dimension with major transactions done at the comfort of the home. Technology has talen the world's monetary system to a whole new level.

The Problem Faced By The Present Monetary System

Although cryptocurrency comes with massive benefits, it also has its shortcomings which is threatening to hinder its development and global adoption. The introduction of blockchain technology helped to slove major problems beimg faced in the crypto sector, in terms of security and massive decentralization. Other problems which are integral to its global adoption are also of major concerns.
Price Volatility is the major problem faced by cryptocurrency . A currency whose price cannot maintain a fixed range over a given period of time, is almost impossible to be given much attention in the global market and cannot be regarded as a standard currency. This and many other related factors has hindered the adoption of cryptocurrency globally.

Introducing The Solution: Kinesis

Source
Kinesis is a new blockchain-powered project which has been designed specifically to solve major problems faced by our present financial system.
Kinesis works with a decentralised asset-balanced monetary system (i.e A system with perfect technology to ensure absolute efficiency, transparency, security and also facilitate commercial exchange).
The interesting thing about Kinesis is that it works with the best of modern technology and also using the benefits of historic assets (Silver and Gold) to ensure a stable and efficient system, thereby providing to major problems faced in our financial system today.

Kinesis brings Change to the World's Monetary System

Kinesis uses its own special currency which helps create a system whereby the movement of capital is done effectively. The effective movement of capital in a system is well-known to a a major driving fuel to infuence economic and commercial activities in that system. That is one of the special benefit Kinesis brings to the table.

Valuable Historic Assets will Help Kinesis Function Effectively

Kinesis primary currency are based 1:1 with allocated Gold and Silver. These valuable minerals as we all know have served as a trusted means of exchange in the past. It is also an obvious fact that they clearly still hold high storage value. With this strategic move, Kinesis aims at providing a stable system for investors.
This clearly means that investors who possess KAU and KAG coins are assured of a great and secured investment.

Adding Modern Technology Spices Everything Up Even Better!

With blockchain and cryptocurreny technology, Kinesis will provide an enhanced system with maximum security, decentralization, efficiency and many other fascinating features associated iwth its technology in order to ensure users have massive benefits from this system. With Kinesis special ability to provide system stabilty, security and maximum profit to its investors, with less risk, Kinesis aims at attracting capital from other market with less yields, Including:

Cryptocurrency Market
Gold and Silver Market
Fiat Currency Market
Investment Asset Market

Kinesis Monetary System Provides a Whole Lot of Features For Investors

1. Kinesis Currency Exchange (KCX)

The KCX functions as a major wholesale market where the Kinesis currency is created and mined. The whole KCX system works with principles governed by global wholesale
trading organizations via Allocated Bullion Exchange (ABX).

2. Kinesis Blockchain Exchange (KBE)

Kinesis Blockchain Exchange KBE operates as a blockchain digital currency
exchange. Through the KBE, Kinesis special currency and other digital currencies
can be traded.

3. Kinesis Blockchain Network (KBN)

Blockchain, as we all know adds extra spice to the Kinesis network. With the Kinesis system running on blockchain technology, Kinesis
currencies can be sent, spent, saved, or traded
through the blockchain. Coins purchased in the
Kinesis Exchange Market (KEX) are adoptted into the KBN with can therefore be used to facilitate transactions.

4. Kinesis Financial Network (KFN)

With the Kinesis Financial Network set in place, major transactions can be facilitated using the Kinesis Currency.
Kinesis currencies can be used for savings,
payments, transfer and other major transactions through the Kinesis Financial Network (KFN).

Summary

With a torror assessment on the world's monetary system, one key feature to pick from it is "Progress". Man has deviced possible means to ensure the Progress of this system maintain a level of consistency.
The introduction of Kinesis into the monetary system doesn't just bring about progress, It brings about complete EVOLUTION.