The modern world steadily moves ahead to a new financial ecosystem. The new ideas and technologies take root for replacement of traditional financial instruments. Most financial institutions pass a block rank to the platform. Many startups have lifted this tendency and now offer the developments which improve payment procedures and allow to control the finance without intermediaries.
The present scenario of new technological innovations - effective, fast, safe, reliable and inexpensive money transfers with use of cryptocurrency. Just in time for the financial industry to capture a wave of changes.
The project purpose - to create global community of users of KitToken who carry out KIT transaction as a way of payments with use of KitPay
What is KitToken?
KitToken - quite independent monetary system with a basis of transactions of P2P which is created on the basis of the open source code having the name KitPay.
How does he work?
KitPay works in style of the centralized server in the decentralized infrastructure. KitPay will allow participants to hold a purse by means of which it will be possible to store to transfer and sell KitToken in everyday economic life. Users of KitToken provide simple use of KitToken. As a result thanks to the POS system owners of KitToken gain income from commercial activity of KitToken Inc. Developers imagine the world where global digital financial society without borders has access to business by one contact of a finger.
In the last two years the volume of investment into startups of Fintech has considerably grown. The annual volume of investment in undertakings of Fintech is about 50 billion. US dollars. We live in rapprochement of digital transformations. Influence of this transformation distinctly is seen on data exchange connected with communications, entertainments and financial technologies. There are attempts to digitize the majority of aspects of the real life mostly in the world of finance and banking. First of all creation of a blockchain has helped people to digitize money by means of cryptoconversion in the form of Ethereum and others.
There are many attempts to apply technology a blockchain to a revolyutsionization of other areas of finance. This new tendency is braked by the inherited systems which are connected with questions of regulation and traditional financial settings. However a set of shortcomings which new participants face - will last not for long as financial institutions are ready to accept the new FinTech and KitToken offering the KitPay system.
Website: https://kittoken.net/
Whitepaper: https://img1.wsimg.com/blobby/go/030bdbd0-d698-4aa3-ba4d-d2bc680f2ec9/downloads/1ckcml5k4_576533.pdf
Telegram: https://t.me/kittokenofficial
Twitter: https://twitter.com/TokenKit
Facebook: https://www.facebook.com/KitTokenOfficial
Proof of authentication / author
Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1058023
