Kurecoin: The Decentralised Smart Coin

INTRODUCTION:

The huge demand for cashless and digital marketing monetary transactions overwhelms the existing technology. In the past two years, the growth of online and virtual transactions has been brought about by the blockchain technology which is a decentralized ecosystem. This has led to the phenomenal growth of crypto community as well as currencies. With current trend if things, crypto-currencies have passed the point of no return, the crypto community has come to stay and their importance and prominence will only continue to grow.

THE PROBLEM

Since the inception of bitcoin which introduced the blockchain technology, over one thousand cryptocurrencies have come into existence. This trend keeps increasing the global demand for cashless payments. One can see the numerous advantages of cryptocurrencies over traditional fiat currency in terms of ease of transaction, zero fee charge on transactions and the security of transaction via the blockchain.

However, a lot of people, even the technology savvy individuals still see the cryptocurrency as an investment medium. This means there is still a problem to be solved which is moving the benefits of cryptocurrencies from the conceptual to the practical so as to enable people to use the cryptocurrency in the same way any other currency would be used.

KURECOIN SOLUTIONS

Kurecoin as a new decentralized cryptocurrency seeks to bridge the gap by offering instant purchase of cryptocurrencies using your local fiat and also enable users spend cryptocurrencies as if it were cash or money stored in their digital bank accounts. Kurecoin will manage and solve banking, trading and exchange challenges involved in the ever growing usage of cryptocurrencies globally.

While KureCoinHub increases, the token being a software token is expected to kick out inflation from the atmosphere and at the identical time encourage healthful boom.

HOW KURECOIN WORKS

Kurecoin introduces a KureCoinHub where users can transact in cryptocurrency and fiat and also bank their money. The platform will offer users who bank their cryptocurrency in the hub collateral free loans in fiat. The loan will be available up to fifty percent of every cryptocurrency in the platform. The system will also incorporate Kure Exchange and Kure Pay which will help the system to dispense its financial duties to all users on the Blockchain platform.

TOKEN INFORMATION

The Kurecoin (KRC) is housed in the Etherium blockchain which constitute forty percent of all cryptocurrency solutions in existence. Kurecoin blockchain functions will provide smart contract, hyper ledger utility and smart contract audit solutions. The Kurecoin has an algorithm of POS and a price of $0.65 for the first phase and a price e of $0.65 for the second phase.

THE PROJECT TEAM