The coming of the internet has made banks and other financial institutions to reconsider their value propositions, but this further shifts in financial landscape run deeper than just a mere introduction of online banking, e-commerce or mobile payment. The advent of decentralization has made instant flow of any media content, value exchange easy and at practically no cost.
It should be agreed that taking decentralization to the next level simply requires ledger technology distribution. The present system of transferring value in financial systems and e-commerce still relies on cleaning houses and intermediary banks, central ledger are also kept to record all transaction. With this decentralized system there are many intermediaries and they may keep copies of transaction in their own ledger in the process of transferring value. This method is very unsafe, as transaction record can be kept and may later be used to defraud, it is also time consuming and exhausting, wasting resources and energy because of the many intermediaries involves. However the use of distributed ledger system solves in a very long way the problem of intermediaries as it only requires a single distributed ledger which is updated across the entire system as transaction takes place. This is what the blockchain brings and on which the Bitcoins and other cryptocurrency are built.
Korona’s Ecosystem provides complete integrated bankable service packages that shall be provided jointly for both private and business customers. Users shall be provided with easy-to-use, transparent and licensed platforms that fulfill their complex needs, including among others wallet management, fast and low-cost payment technology, as well as fiat exchange. Additionally, Korona will provide its users supporting services such as taxation information support, client protection, commercial guarantees, as well as marketing and market access support.
source
The KORONA ecosystem has been designed to provide a complete integrated service package for both private business customers. Users shall be provided with easy-to-use transparent licensed platforms that will fulfill their complex needs like wallet management, efficient payment technology and also fiat exchange. With the korona ecosystem, platform users can also receive supporting services like transaction information support, client protection, commercial guarantees, as well as marketing or even market access support. This platform will also provide marketable goods and services for purchase both online and in real stores. The platform users will be rewarded after either spending or accepting the KORONA token.
This new technology will make transaction easy by saving cost and raise number of active private and business users, in addition to this, the global economies will adopt the cryptocurrency based payment technology in the process.
The KORONA platform aim to include the digital payment platform in order to provide necessary link between e-commerce stores and cryptocurrency payments. The digital payment platform can be easily integrated into any third party online store platform available to this date. Also on the KORONA platform we have the korona payment processor API which is created for speed and security. It incorporates all the protection and safety features of the major fiat based traditional system but it combines with additional benefits of decentralized blockchain based system and naturally it perform with korona tokens.
In order to boast the usage of blockchain based payment systems, KORONA ecosystem will develop an integrated business support system that is designed explicitly to support participating business in the adoption of KORONA blockchain based payments. This support includes:
• Korona business wallets
• Fiat payment services
• Korona merchant marketing support
• Korona commerce platform among others
The ICO is designed on three main key factors which are Value creation, Praticability and effectiveness. The total number of tokens available is 300,000,000
You can read more on KORONA on:
website
whitepaper
Facebook
Telegram
Twitter
I am Tuvic on bountyhive and you can reach me via this link
Join me on Bitcointalk on link my username is tuvic01.
