KITTOKEN - The User Driven Cryptocurrency of the Future

in #kittoken6 years ago

KITTOKEN - The User Driven Cryptocurrency of the Future

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KitToken is a self-overseeing money related framework with P2P exchange in view of open source stage called KitPay

The Problem

The biggest target of hackers is the payment processing industry. Millions of people lose money or their sensitive information is exposed to identity theft due to the inefficient system. Moreover, transaction fee issue has also been looked into in facilitating the usability of secured digital payment system for the common people on the street.

The Solution

A sustainable financial ecosystem that is based on blockchain technology will be provided by KitToken. The platform will use value transfer protocols to facilitate the transfer of payments from peer-to-peer, customer-to-business and business-to-business. The ecosystem will provide the financial industry with features like:

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  • Safe payment transfers – KitToken will be more secure than the existing payment options as it is based on blockchain technology. Hackers will not able to breach the blockchain especially since it is using advanced hash functions that make it safe from Sybil and other network-based attacks. This makes any transactions secure.
  • Fast global transactions – Due to the issues of clearance and settlement of payments, making a transfer across the world is quite slow. Through KitToken it can make a transfer of payments anywhere around the world happen in real-time.
  • Low transaction costs – Many of the existing payment transfer methods require high transfer fees. Most of them charge 10-20 percent in transfer costs. But only a fraction of the transaction costs will be charged by KitTokens making it more affordable for vendors and merchants.
  • Sharing of profit– KitToken shares the profits made from the transactions with token holders. Regular airdrops will be made to those holding KitTokens. This provides a passive income opportunity that requires no skills or investment.
  • Trustworthy and compliant – KitToken is officially registered with the Malaysian government and also it’s a cryptocurrency that will be trading on an SEC-Compliant exchange. This gives it a legitimacy that most other cryptocurrencies do not have. It will also adhere to any new regulations by the SEC or the MAS.

Thank you
Vimukkthi Vithanage
Please don't forget to share your ideas and knowledge about the project with me. You are welcome to share them in the comment section of this article.
Thank you!!

Following more information;

Official website: https://kittoken.net/
Telegram group: https://t.me/kittokenofficial
Twitter: https://twitter.com/TokenKit
Facebook: https://www.facebook.com/KitTokenOfficial
Bitcointalk thread: https://bitcointalk.org/index.php?topic=4557979.msg41057899#msg41057899

Author Details :

Name : Vimukkthi Vithanage
My Bitcointalk profile : https://bitcointalk.org/index.php?action=profile;u=1823047

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