The Kinesis Monetary System is an evolutionary step beyond any monetary system available in the world today. It enhances money as both a store of value and a medium of exchange, and has been developed for the benefit of all. Core to the mechanics of the system is the perpetual incentive and thus stimulus for money velocity.
How does it work
The gold standard is a monetary system backed by gold. That is, the value of each monetary unit is set in terms of a specific amount of gold. With this system, the issuer of the currency guarantees that the bills and coins issued are backed by gold.
By 1914, countries began to maintain reserves in the form of foreign exchange (foreign currency) of those rich nations that remained linked to the gold standard. It is introduced as a means of payment in international trade some currencies, mainly the pound sterling.
During the life of the pure gold standard, the inflows and outflows of gold regulated the amount of money in a country, since since the notes were convertible into gold, the amount of money in circulation had to retain a proportion of the gold reserves of the gold. penny.
The money-gold equivalence has been the basis of the international financial system and its guarantee since the 19th century. Following the needs arising from the First World War, some of the countries participating in the war printed more money to finance the war effort without the support of the precious metal, which is known as fiat money, or fiat money (based in the confidence or faith of a promise of payment, but without support of the precious metal).
We will see how Kinesis Money makes use of its most outstanding features.
Kinesis is a full-cycle monetary system, made up of all the
elements and functions that an effective and successful monetary system needs.
These functions form different business units within the same
group.
(KCX)-KBX)-KBN)-(KFN)
They function as a wholesale market, currencies in which currencies are created and coined, issued with incentives based on the currency's circulation speed, to ensure a deep liquidity for Kinesis currencies as payment currencies throughout the world.
Kinesis is looking to add counterfeit bills, alternative cryptocurrencies and other assets that are physically protected and stored digitally in your banking and asset management system.
This system also gives individuals and companies a recurring lifetime return that continues to increase over time and the use of currencies, just by creating and using Kinesis currencies. The profitability is based on the circulation speed of the currency and derives from a perpetual proportional part of the transaction fees that are applied to the coins that the minter has created, proportionally with all the coins in existence. The more foreign currency is minted and sent to the system, the more currency value will move through the system and the greater the financial benefit.
Kinesis Blockchain Network
The Kinesis Money team has developed a proprietary blockchain network forked off the Stellar blockchain network. This fork enables Kinesis to leverage the high transaction speeds and superior security that Stellar offers, and in addition to this, Kinesis has been able to add unique functionality which allows for further value-add features to be incorporated into the Kinesis Monetary System.
The Kinesis blockchain network, being unique toKinesis , comes with a easy to use, Kinesis Wallet in which to securely access the various Kinesis currencies. This Kinesis-specific wallet will be provided to all participants in the Kinesis Currency system, and also has both an Android and iOS (Apple) mobile application for even simpler access to your currency.
This creates an interest-based return from economic output as opposed to debt-financing. Debt-financing creates a system that continually devalues the currency it is using by inflating the prices of the goods those currencies purchase.
Kinesis offers all the advantages of Tether, but without the counterpart risk of the fractional reserve banking system, since all Kinesis transactions and, therefore, the performance in KVT are made through bullion exchange networks.
-Minter Yield: The more coins created, transacted, or the higher the velocity, the higher the yields.
-Holder Yield: Designed to compete with bank deposits, stock dividend yields, and rental property yields.
-Depositors Yield: Applicable on user’s initial deposit directly into their Kinesis Wallet.
The important thing about Kinesis is that they offer an investor a unique opportunity to share a part of the complete set of income of Knesis Monetary Systems.
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