KARATCOIN IS BRINGING BLOCKCHAIN TO THE GOLD INDUSTRY

in blockchain •  6 years ago 

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Gold is becoming an object of investment, interest in the yellow metal is growing rapidly. From a common exchange commodity, gold will turn into a medium of exchange and payment, into a universal equivalent it is a direct path to an economic revolution.

The decentralized area is unusually new and is identified as a project that is still in its infancy, but has tremendous development opportunities in almost all sectors of the economy. The company Karatcoin is combining centralized and decentralized worlds, creates a platform based on blockchain technology for trading gold certificates. This platform is directly connected with gold mines (places where the minerals are located and are developed, in our case it is gold).
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There are no restrictions on geographic location - after turning this metal into crypto gold, you can buy it in any country. All transportation costs and taxes on it are reduced to a minimum, leaving the raw material at its place of origin.

Karat Blockchain will provide the ability to securely store “gold” assets in a gold certificate on a wallet. Also, gold will only increase its value over time.
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Consent DPOS (delegated rate proof) is an accelerated verification time. All documents are stored in IPFS format - a guarantee of their immutability. Karatcoin is indirectly linked to physical assets with Blockchain membership. This is an important advantage of the project. Also a stimulating item is Karatcoin Gold Certificates, each of which provides two semi-annual coupons with a yield of up to 6%.

Another important and interesting part of the project is that Karatcoin will create a decentralized application on the gold market. The product is based on private Blockchain technology over EOS technology.

The Karat Foundation seeks to support organizational initiatives of the community and citizens and will be created in accordance with the UN Guidelines on Business and Human Rights. In my opinion this is a very important aspect that raises the status of this project.

A Karatcoin (KCL) loan is a decentralized loan product for authorized members through a smart contract issuing KCX, with a financial period that meets the needs of the funding goal or the country (participant) with a common debt management strategy. Gold Mine borrowers will benefit from medium / long term maturity (up to 10 years), transparent pricing, embedded hedging products.

Some key members of the Karatcoin team
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Karatcoin have proven in the past how to create a company from scratch and bring it to the top of success. These indicators show the reliability and availability of the project:

SIMON ORSO founder and CEO of the project. Over 6 years of professional experience in Blockchain, PHP and JavaScript technologies; leading full stack developer with more than 15 years of experience in a variety of projects.

CLAUDIA BUSATO founder and chief operating officer of the project; business consultant, has extensive experience in business relations with financial institutions, explores business opportunities, conducts scanning of talents and startups.

ANDREA VENTURONI Director of Commodities; specialized in investing in commodities and especially in investment gold; Since 1994, he has held the position of manager in important Italian banks and large international insurance companies.

Conclusion

The final stage is to unite all refineries, gold mining companies and business assets into a single blockchain ecosystem.
The collected funds will be fully directed to the implementation and subsequent development of the project.

The whole world will talk about Karatcoin this is the most promising project from idea to team, everything is thought out to the smallest detail. All this makes Karatcoin attractive and radically distinguishes it from other ecosystems.

More information can be found through any of the following links.

DAPP application: https://dapp.dreammy.io/

Whitepaper: https://s3-eu-west-1.amazonaws.com/karatcoin.co/files/docs/KC_WP.pdf

Project website: https://karatcoin.co/

Telegram: https://t.me/KaratcoinGroup

Linkedin: https://www.linkedin.com/company/karatcoin/
Twitter: https://twitter.com/KaratCoins

Facebook: https://www.facebook.com/karatcoin.co/

Medium: https://medium.com/karatcoins

GitHub:https://github.com/DreammyOrg/Karatcoin

Angel:* https://angel.co/karatcoin-1

Bitcointalk ANN: https://bitcointalk.org/index.php?topic=4932340

Written by Goodnuel

Bitcointalk username: Goodnuel

Bitcointalk profile url: https://bitcointalk.org/index.php?action=profile;u=1304832;sa=summary

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