Over the years, we have gradually observed that blockchain technology has provided an edge to all sizes and forms of businesses round the globe. It is known that the news around blockchain emergence is no news again as viability in mass market gains widespread feature on a daily basis. One of the blockchain based platform we are to talk about today is the one that plans to improvement blockchain in its mass adoption feature in the nearest future. The platform is known as KITTOKEN. Let us take a moment to dive in the details of the platform. What do we understand by KITTOKEN platform.
KitToken is a user-driven cryptocurrrency which uses the value transfer protocol in fast-tracking payment transfers on a new platform called KitPay which works as a central server within the larger decentralized network. The KitPay was
invented with the aim of making cryptocurrencies widely acceptable as a means of payment like fiat. The project is aiming to create a conducive ecosystem where goods and services purchase payment can be with the use of your cryptocurrency.
As a payment system, kitpay is developed to allow participants own individual wallets which can be uses to store, transfer, or trade the tokens
It utilizes value transfer protocol to achieve the transfer of payments from one person to another on peer to peer basis.
FEATURES AND BENEFITS FROM KITTOKEN
The innovation of this project comes with a host of benefits that will be mentioned as we move on.
KitToken platform offers users a highly secured and fast means of carrying out transactions with the use of ledger technology which are super-fast and impossible to penetrate by cyber criminals.
It is also known that transactions on the network are protected with different consensus algorithms which ensure that there is maximum transparency of the network. In the aspect on security,
On the network, data is stored and extracted through a distributed storage scheme with a private key
Data will be encrypted, split, shredded and scattered on different nodes with the distributed storage scheme. It is also the platform's objective to get rid of the third parties in transactions between buyers and service providers, linking buyers and services providers directly as peer to peer. That is,
the project develop a peer to peer transaction network aiming to remove the role of middle and reducing cost for users.
TOKEN AND ICO DETAILS
Below we will find the information about the platform's token and the initial coin offering details.
Token : KitToken
Ticker : KIT
Cost per token : $0.05
Accepting: ETH
Total Supply : 8 Billion
Reserve : 2.5 Billion
Sale : 3.5 Billion
For more info, kindy visit:
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
Ann thread: https://bitcointalk.org/index.php?topic=4557979.msg41057899#msg41057899