INTRODUCTION
The advent of cryptocurrency and blockchain technology in this current generation is a great achievement, most especially, investing in cryptocurrency has raised the standard of living of lots of people. As a result of this, cryptocurrency is gaining acceptance all around the world and this has attracted lots of investors into the system
The wild acceptance of cryptocurrency is based on the following;
Cryptocurrency is decentralized
Cryptocurrency is a decentralized platform, that is, it is not controlled by any agency but rather it operates through the blockchain technology
No limitations
Unlike the conventional means of transaction which is limited to a particular country or region, cryptocurrency allows anyone to transact from any part of the world to any part of the world. There is no barrier or limitations in transacting and there is no huge transaction charges.
Security
Cryptocurrency uses the blockchain technology for its operation, as a result of this it gives it a good sense of security. The security on all transaction carried out on Blockchain is reliable unlike the conventional system which could easily be hacked.
Speed and accuracy
Transactions involving Cryptocurrency are very fast and transparent due to the blockchain technology. The transparency nature of the transaction makes it accurate.
The challenge
Presently, there are various cryptocurrencies that are traded all around the world on a daily basis with multi-billion US Dollars market capitalization. Yet, most of these currency are not in the banking system until when changed to fiat currencies which creates a loss potentially for the entire world economy. The crypto-economy is not connected to the real world economy on daily usage and financial terms.
The way out
To this challenge comes a platform that seeks to bridge the existing gap between the crytoworld and the real world economy. Make welcome for Korona
Korona?
Korona is a platform built with the blockchain technology, its Ecosystem provides complete integrated banking service packages that will be provided for both private and business customers. Those that opt to use korona shall be provided with easy-to-use, transparent and licensed platforms that fulfill their complex needs, including wallet management, fast and low-cost payment technology, as well as fiat exchange, and lots more. In Addition, Korona will provide its users with supporting services such as taxation information support, client protection, commercial guarantees, as well as marketing and market access support.
The following are some of the features of Korona which makes it an outstanding platform that will fill in the gap between the cryptoworld and the real world economy.
Licensed platform
Korona does not just exist on assumption, it does not operate without legal backings. Based on the aspect of the society, Korona will operate as a licensed platform that can sue and be sued. Thus, Korona is a safe platform to transact because one of the reasons why people are skeptical about investing in some platforms is wether the platform is legally backed up or not. As for Korona, it is legally protected and licensed.
Transparency
Being a project that is built on the blockchain network, korona ensures transparency of every transaction on the platform. This is a great improvement to the operations of the conventional banking system but since Korona seek to bridge the gap between the cryptoworld and the real world economy, transparency is a necessity.
Simplicity
Operations on the Korona platform would not be tasking or complicated but it promises to be easy to use and user friendly. With this simplicity, it ensures that everyone is carried along in order to enjoy the great benefits provided by the blockchain technology using integrated banking service package.
Speed
Another great benefits of the blockchain technology is its good speed of transaction. The operations on Korona platform is super fast as it uses Blockchain technology. There will be no issue of delay during transaction on the korona platform.
Wallet Management
Users of the Korona platform will be entitled to managing their personal wallet. The user controls the activities on the wallet such as trading, balance check and every other activity.
Payment technology
Another feature of the Korona platform is the low-cost payment technology. With the many features of the Korona network, it still assures low cost payment on all transactions.
Currency exchange
There is exchange opportunity on Korona platform which makes it one of the most effective platform on the blockchain. Users can exchange their local currencies into Cryptocurrency and also be able to change digital currency into fiat currencies and thus give users a banking experience.
All these features and more will make Korona tokens to be widely accepted and become so valuable which will create a new and far reaching token economy.
Check the Roadmap here
Token details
For more information
Website: https://koronacoin.io
White paper: https://koronacoin.io/Documents/KoronaEcosystemWhitePaperFinal.pdf
Telegram: https://t.me/koronacoinico
Facebook: https://www.facebook.com/koronacoin/
Twitter: https://twitter.com/KoronaCoin
Bountyhive username: Toyo