Even though crypto world is struggling in terms of valuation, or better to say price decline, innovation is booming. All sort of crypto projects utilizing blockchain tech are being born, it is just an unbelievable event. Now that the price ic no linger the main story we can finally focus on the important stuff. Changing peoples lives by advancing current uneffective process of conducting business. Blockchain tech can save and improve our lives beyond our wildest imagination! We just have to embrace it, and that is the process that does not always come quickly, but it will come.
One of those innovative projects that are changing peoples lives for the better, is our next story. It is called Kora ( https://kora.network/ ). They are bringing innovation to the banking system. Currently there are a lot of shortcomings in the system, and it needs improvement. Millions of people are unbanked, they don't have even the basic needs covered. Now with the advancing technology and Kora Network it will be a thing of the past. Everybody will have access to the financial products!
You will be able to get acess through your personal smart phone. There will be no selection, everybody is accepted, and it will solve the problem of unbanked. Kora is built using revolutionary blockchain tech, utilizing tokens to power on their eco system. Token is called eFiat and is representing digital counterparty to the paper money. Interesting part is that it is backed fully, and redeemable for fiat. Through Kora network it will be easy to prove your personal identity, and start using the services, something that is very hard with traditional banking providers. Kora is providing all the services that exists in traditional markets and providers. You wont have to trade anything that you are used to when you are upgrading your experience with Kora Network. Kora will significally slash the fees and transactions. You can send money seemlesly through Kora, or receive it, you can do payments for the services and goods. Mofe important thing is loans, it is difficult for the unbanked to get them, but now Kora will eneble easy loaning. It is perfectly safe for both parties of the deal, as ID is being taken, and collateral is included. Kora is the perfect system for the advancing financial system world.
Kora is led by Dickson Nsofor and Maomao Hu. They have a lot of people in the team like developers, blockchain specialists, lawmen, PR and many more. Together they have knowledge and ability to fight with every challenge that comes their way.
They are also planning a token sale. You will be able to participate in the future, support the project and in return receive tokens! You can participate here on their main web page: https://kora.network/
ICO is one way to earn tokens, but there is also another one. You can work on the marketing campaigns and earn yourself tokens. Work includes social media campaigns, signature campaigns, translations and other jobs which can help spread word about the project. You can check the rules here: https://bountyhive.io/browse/Kora%20Network
If you want to know the details about this project, your sure bet is to head on the link and read the whitepaper which contains all information about Kora. You can find it here: https://kora.network/downloads/Kora_Vision_Paper_International.pdf
Bitcointalk has also a thread for general discussion where you can ask all your questions: https://bitcointalk.org/index.php?topic=2876521.0
Participate and support Kora: https://kora.network/
We wish luck to the people working on this project, and also people who will join Kora community.
Bountyhive acc: bobo
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