Introduction
The appearance of the web has ushered a brand new era of payment and banking within the world. Individuals adopted the digital technologies and have become aware of the new world order. For today, individuals will transfer cash while not even visiting a bank however at a similar time; it absolutely was once not possible to even have faith in it.
The shortage of technology adoption, high group action fees, slow growth in rural banking, centralized nature of operation and emergence of multiple third parties are a couple of the numerous challenges within the banking system and payment industry. The realization of the newest technologies within the industry has helped to get rid of unskillfulness and opaqueness. But, still, there are several challenges within the trade that should be controlled for the any transparency and growth within the banking sector.
A system is usually required for correct operation of a task in a corporation. The organization could begin tiny however at some purpose, it invariably wants a correct and clear system for swish functioning. So there is one platform called KINEKT which is develop for providing solution on payment problems with the help of blockchain technology integrated terminal.
Solution Offered
KINEKT is presenting an answer for the payment trade by utilizing world's 1st blockchain integrated terminal. The method of payment or loyalty is often chosen by the users. The method starts with the fingerprint scan of the user that is matched by the terminal. It starts with the fingerprint then the client enters the PIN, and therefore the group action is forwarded to the KINEKT Cloud by GSM affiliation as a "transaction request".
It additionally provides a period affiliation between the purchasers and third-party service suppliers. The cloud platform is predicated on the hybrid blockchain to get rid of the latency problems. KINEKT case is provided by the platform for the aim of token storage. Merchants, third party service suppliers, Terminal makers, terminal suppliers and blockchain developers are a part of the platform.
Supported blockchain technology, they're permitting users to simply utilize the crypto-currency applications. Some extent of sale that is intended for everybody within the world is transportation cheap payment resolution to the globe. The cloud platform developed by the KINEKT manages all the backend transactions, hosting participant's knowledge and forwarding group action requests initiated by the purchasers.
ICO Information
Total of 250 Million KINEKT Tokens will be created for the project within which 50% of the tokens are reserved for the general public sale. The non-public sale is live 31st July 2018. The pre-sale of tokens is presently live from 10th May 2018. The main ICO can begin on the 2nd July 2018 and continue till 31st July 2018. The funds are utilized for the event and promoting of the platform. The team consists of toughened professionals from totally different backgrounds.
Use Of Fund
Conclusion
Services offered by the platform can revolutionize the POS terminal payment trade supported the blockchain technology and Cloud. The banking system is the most important beneficiary of the platform as they gift future to the normal world. Anybody admire banks and government organizations are certain by bound rules that govern their nature of operation and day to day life.
Individuals operating within the domain are attentive to such peculiarities and that they abide them. Within the case of the payment network, which can be thought of tiny low a part of the industry, is usually evolving attributable to the changes in times and technology. The payment through the digital device has become a lot of less complicated and straightforward to scale.
Stay tuned for more updates….Thank you…!!!
For More Updates Please Follow:
Website: https://www.kinekt.technology/
Whitepaper: https://www.dropbox.com/s/hludc0snmjerxiz/kinekt%2C%20ico%20white%20paper.pdf?dl=0
My BTT Profile:
Cutieepooh - https://bitcointalk.org/index.php?action=profile