Welcome my dear friends. Today I will tell you about a very interesting project.All this indicates the need to reform the banking system, and around the world. I gave examples only in a specific country. But this exists everywhere.
10 years ago, Blockchain technology was born. And with it a large number of ideas and projects that use this technology. I will talk about the idea of creating a Bank on the blockchain. It is not new, but each has its own characteristics.
Kryptobits decided to implement this idea. The main slogan of the company is Bank without banks. Ie all transparent, honest and without intermediaries.
Kryptobits Bank will perform the same functions as ordinary banks. Namely, just as to issue loans, deposits, money transfers and more.
But how will it work? Before answering this question, I will first tell you about the tokens created by the team on the basis of Ethereum on the Protocol ERC20. In the "Bank" will be involved in two coins: Coin Karto and KARTO Steps. The platform will be built on its own blockchain, KartoChain, created on the basis of the Ethereum blockchain. Now the
KartoCoin will be the main currency in the Bank. By investing in it, customers will enjoy all the benefits of transactions (discounts, bonuses). It will also be publicly available for exchange for other currencies
KARTO Steps is dopolnitelnaja non-fungible currency. Its task is to ensure the implementation of Smart contracts and applications. This is done to ensure that all banking operations are performed regardless of the exchange rate of the main currency.
Money transfers will be made in any currency, either crypto or Fiat, using the advantages of KartoCoin. Transfers will be performed with a small Commission, using Smart contracts and tracking systems.
In KartoCoin you can get a loan with very low interest rates. Blockchain technology will ensure the honesty and openness of contracts (Smart contract technology). No cheating and fraud.
The Bank will issue its own credit and debit crypto card Viza and Mastercard, with which you will be able to make purchases and withdraw cash from ATMs on an equal basis. The cards will be issued by Montbrun Capital law firm, automatically connecting them via API with exchanger and KartoCoin.
Like I said before. Now Kryptobits holds its ICO, during which you can invest by purchasing the kartocoin tokens. It will be held in 4 stages. With the transition to the next stage, the price of tokens will grow. Phase of sales ended in the course of his you could buy tokens for the price of 0,05$ per share. Now, during the first stage, the price of the token amounted to $ 0.06, and at this price it will be traded until June 25. Next, the second and third stage, the duration of each is a month. Thus, the ICO will end at the end of August. And the price increase with each transition will be 0.02 dollars, so in the end the cost will be 0.1 $.
Sum up. Now there are many ideas and projects on the Blockchain. Most of them are somehow aimed at improving the credit and financial system, or it is a crypto-exchange. Why do many people move in this direction? It is the most feasible and promising. For example, the exchange Binns just a year ago, spent the ICO, and now it is one of the largest systems. Everyone knows the coin ripple, but it was created specifically for banks, and many banks use it successfully. Looking at such examples, it is safe to say That kryptobits crypto Bank will be successful. Yes, now little is known about it, but the development is rapidly moving forward. So we'll see
More info:
web https://kryptobits.com/ru/
Whitepaper: https://kryptobits.com/doc/kryptobits-whitepaper-en.pdf
Published by : Fandicoin
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