Kinesis is a global digital asset and trading utility platform
Introducing Kinesis Platform
Digitization is making positive impact in the global economic system . Digital technology has simplified and revolution the global economy and almost all aspect of human life . In this publication, i will be sharing the good news about Kinesis Platform , world leading Global market for trading of digital assets. It also serves as Utility platform that allows trading , management and everyday spending of blockchain powered Physical Gold or Silver and crypto assets. Details about Kinesis Platform shall be extensively discussed in this article.
With Kinesis, you are the owner of the physical gold and silver, underpinning your KAU and KAG, at all times. Remember, each KAU (one gram of gold) and KAG (one ounce of silver) is directly allocated 1:1 with the corresponding weight of physical precious metal.
The holder of Kinesis currencies holds the full legal title of the underlying quantity of physical gold and silver. At no point, will the bullion behind Kinesis digital currencies ever appear on the balance sheet of Kinesis or Allocated Bullion Exchange (ABX). Resultantly, neither Kinesis nor ABX has any direct claim on the metals. We simply safeguard the metals within our vaults, on your behalf, free of charge.
We are able to offer Kinesis users chargeless storage on their precious metals holdings, by utilising the robust vaulting network of ABX. Additionally, a share of Kinesis global transaction fee revenue is allocated to covering vaulting costs.
In terms of assurance, Kinesis gold and silver-based digital currencies are the next best thing to holding your own physical gold and silver. While all underlying metals are fully redeemable, digitally representing gold and silver brings holders the added benefits of online management, monetary application, instant trading, and the security of state-of-the-art vaulting facilities.
What are KAU & KAG?
KAU (gold) and KAG (silver) are digital currencies based 1:1 on fully allocated physical gold and silver bullion.
Through combining gold and silver with block-chain technology, KAU and KAG can be instantly purchased, traded, sent and spent, globally.
ABX
Kinesis was born from Allocated Bullion Exchange (ABX), a leading institutional exchange with 10 years’ experience trading allocated precious metals globally. All bullion underpinning KAU and KAG is securely held in the ABX global vaulting network.
Why are KAU and KAG unique?
Earn a yield :Receive a passive yield on all KAU and KAG held.
Instant access :Buy, sell, and trade digitalised physical gold and silver.
Send globally Send KAU and KAG globally, cleared in 2–3 seconds.
Features of Kinesis
Kinesis Mint — The Kinesis Mint functions as the wholesale market where the currency is created and minted. This occurs in an institutional centrally cleared exchange with deep liquidity and connectivity into global wholesale trading organizations via Allocated Bullion Exchange (ABX).
Kinesis Blockchain Network (KBN) — KBN is the blockchain technology upon which the Kinesis suite of cryptocurrencies is built. Kinesis currencies can be sent, spent, saved, or traded through the blockchain. Coins purchased in the wholesale market are emitted into the KBN with incentives based on money velocity.
Kinesis Exchange — Kinesis Exchange operates as a blockchain digital currency exchange where Kinesis and other digital currencies can be traded. This is being developed internally to ensure deep liquidity for the Kinesis currencies
Kinesis Financial Network (KFN) — The KFN serves as a mobile banking system where Kinesis currencies can be used for savings or payments, remittances, and money movement. This facility also has a Mastercard and Visa debit card and accompanying companion card facility providing the ability to use Kinesis as a payment currency across the world
Kinesis Commercial Centre (KCC) — The KCC performs as an online aggregator platform of goods and service providers, enabling the Kinesis currency suite to be seamlessly utilized as payment for participating merchants.
Tokonomics
- Token Name — Kinesis
- Token Tocker — KVT
- Network — Ethereum
- Total Supply — 300000 KVT
- Token Value 1 KVT = 1000 USD
Roadmap
Q1/2021
US Physical Kinesis VISA card and banking programs launch
Merchant services for debit card deposits
Kinesis Exchange upgrade
Crypto deposit and withdrawal enhancements
KYC identity verification upgrade
KEM launch — the Kinesis Emerald token launched in partnership with Seabury Asset Management
Q2/2021
Yield Engine and 1st yield comes online: Minter’s Yield deployed
UK & EU physical Kinesis VISA card and banking program launch
Kinesis white label banking application development
New Kinesis website rollout
Q3/2021
Kinesis Money platform CSV trade exports
Holding statementAccount balance statement
UK & EU Kinesis Visa card launch
Blockchain explorer enhancements
Holder’s yield deployed
Additional cryptocurrency listings
Q4/2021
Mint to Kinesis Money platform USD auto-withdrawal
Additional yields deployed
Additional Fiat and Crypto listings
Additional debit card regions brought online
Full Kinesis Mint integration into Kinesis
Money SystemMint transaction reporting integration into Kinesis Money Syste
Detailed Information:
Website : https://kinesis.money/
Telegram : https://t.me/kinesismoney
Facebook : https://www.facebook.com/kinesismoney/
Twitter : https://twitter.com/KinesisMonetary
Authors info
Bitcointalk username : Sirhieu1
Bitcointalk Profile url : https://www.altcoinstalks.com/index.php?action=profile;u=19352
