Abstract
Now cryptocurrency can be integrated with various platforms to create a more modern, secure, and transparent system for its users. For example, cryptocurrencies can be adopted by e-commerce platforms to be able to create a payment system that is more secure, fast, and easy. And not only that, the existence of cryptocurrencies also allows the platform to have a good and sustainable economic system that will empower all participants in it.
With the development of the crypto market, in the future, there will be more and more people who will adopt cryptocurrencies for their various needs. And seeing this, KYC COIN was launched to be a hybrid B2C / B2B project that makes cryptocurrency payments and investments easy, fast and secure. Users can use various features provided by KYC COIN for their various needs, such as users can use the exchange provided by KYC COIN to exchange their crypto and various other features.
Crypto Payments and Investments
In recent years, the number of transactions on the crypto market has increased quite significantly. This means that many people globally have accepted and adopted cryptocurrencies as their means of payment. And even platforms globally have also integrated cryptocurrency on their platforms, which will make their platforms more modern and innovative. Users and platforms globally will get various benefits when adopting cryptocurrency, and therefore until now, cryptocurrency adoption continues to increase. Seeing this, KYC COIN was launched to be a B2B / B2C solution that will make payments and investments in cryptocurrencies more secure, easy, and fast. With the various features provided, users will be able to fulfill their various needs easily and quickly through KYC COIN.
KYC COIN itself is part of the KYC ecosystem in which there are several platforms that have their respective functions but complement each other. This is a high-tech decentralized coin that can be used by users for online and offline shopping. With a Proof of Stake mechanism and a smart privacy algorithm, KYC COIN will become a cryptocurrency that users can rely on.
KYC COIN Features
The features offered by KYC COIN enable users to make transactions easier and faster. KYC COIN architecture designed with PoS mechanism and intelligent algorithms will ensure that user transactions are truly secure and free from intervention and manipulation. But that's not all, there are several other features of KYC COIN:
- Wallet App: a wallet application designed to be able to store crypto easily and securely. This wallet will keep all user assets completely safe and secure.
- Crypto Exchange: a crypto exchange platform that will speed up the user's crypto exchange process. This exchange platform will offer users a crypto exchange platform with low fees.
- Professional: KYC COIN is dedicated to being able to bring users a B2B/B2C solution that users can rely on for their various crypto needs.
SHIELD PROTECTION
One of the issues that cryptocurrency users are most concerned about is the safety of their money.
It’s not just about storing, but also about transferring it. For one reason or another, some users prefer to remain anonymous. They also want information about the transfer of money to remain inaccessible to outside eyes.
When working out the principles of transactions, KYCC developers decided to use the most advanced data protection protocol based on a Proof of Stake blockchain. It was called SHIELD and is an advanced version of Zk-SNARKs.
- ZERO KNOWLEDGE PROOF: Zero-Knowledge Proof is a cryptographic method allowing one party to prove to another party that a particular statement is true.
COMPLETE ANONYMITY IF NEEDED: This doesn’t involve conveying any information, only the statement must be true. - VIEW KEYS: A user might be willing to share the transaction details with some trusted third party. It is possible by using view keys.
- HIGH-LEVEL OF SECURITY: Complete anonymity is possible but is not needed in some cases. In other words, shielded transactions, or SHIELD transactions, are not only the most secure way to transfer funds but also an opportunity to keep things private.
- FAST TRANSACTIONS, LOWEST FEES POSSIBLE: With KYCC, not only end customers but also entrepreneurs experience fast transactions with the lowest fees possible.
- LIGHTWEIGHT PROOFS: Only 144 bytes of information are generated on a low-powered device to prove the transaction.
COLD STAKING
How does staking work? Crypto staking is the process of locking up some of your crypto holdings to earn rewards. Cryptocurrencies have been created with blockchain technology which requires verifying transactions and putting and storing this information on the blockchain.
Cold staking requires keeping your KYCC in cold storage while a hot wallet is involved in the staking.
- COLD STAKING WITH LEDGER: Another name for cold staking is hardware staking because it requires using a third-party device. The most popular option is cold staking with Ledger. It is a well-known cryptocurrency wallet designed for storing your funds offline.
- STAY THE OWNER OF YOUR COINS: Staking doesn’t require sending your coins to another member of the network or losing your right of ownership. The staker always remains the sole owner of the coins.
- FIND VOLUNTEERS TO STAKE ON YOUR BEHALF: The great thing about taking part in this process is that even if you don’t have enough resources to maintain a hot wallet, you can always find dedicated members of the community and other third-party services that will do the work on your behalf.
- JUST GET A COLD WALLET: The only disadvantage of cold staking is that if you don’t have an offline wallet, you will need to make a small one-time investment.
KYCC WALLET
The KYC crypto wallet app interface is simplified as much as possible. Interaction with the user starts with a slider with multi-chain. On the main screen, you immediately see a slider with useful information. This is the overall balance for each cryptocurrency you own. This way, without any unnecessary movements, you can always keep your hand on the pulse and have information about your balance, transaction history, and statistics. Slider with multi-chain allows you to get quick access to statistics regarding the price changes of your cryptocurrencies. This is done in real-time. All you have to do is to keep your smartphone connected to the Internet. Initially, the cryptocurrency wallet app supports well-known and widely used cryptocurrencies like BTC, ETH, Shiba, Doge, KYC as well as others. Slider with multi-chain greatly simplifies access to your cryptocurrencies, which is confirmed by the feedback of numerous users of our app.
CRYPTOCURRENCY EXCHANGE
Many online companies offer crypto exchange services. They propose many trading pairs, claim to provide a high level of protection, but one of the most important issues that worry traders, investors, and ordinary users are the commissions. What is the point of making a quick and ‘convenient’ exchange if you have to lose a few percent as a result? When developing the KYC crypto wallet app we decided to offer a different approach – a minimum fee possible. The easiest way to perform such operations is to take advantage of the KYCC ecosystem which offers a no fees crypto exchange opportunity. The scheme of operation is as follows. Suppose you have Dogecoin and need dollars in your bank account. The first step is to convert Dogecoin to KYCC. Next, your KYCC is transferred to the balance of your KYC card. You can then use the card to pay for online or offline purchases. If necessary, you can get cash from the nearest ATM.
TOKENOMICS
Coin distribution:
- IEO
- Private Sale
- Referrals
- Founder
- Public Sale
- Bonus & Bounties
- Team
- Reserved for liquidity
- Airdrop
- Partners & Adivsors
- Staking, Rewards
#KYCCOIN #CRYPTOCURRENCY #KYCC #KYCEXCHANGE #KYCWALLET
Conclusion
Every year the adoption of cryptocurrency is increasing. This is due to several things, one of which cryptocurrencies offer various advantages that will make user transactions faster, easier, and safer. And KYC COIN is here as a B2B/B2C solution that allows users to transact and invest with cryptocurrencies easily, safely, and quickly. KYC COIN provides various features that are used by users for various needs, for example users can use KYC COIN for online shopping. KYC COIN aims to be a crypto solution that will be a crypto solution for users all over the world.
Official contact information
Website : https://kyccoin.io/
Whitepaper : https://kyccoin.io/wp-content/uploads/Whitepaper.pdf
Medium : https://medium.com/@KYCCOIN
Twitter : https://twitter.com/kyc_coin
Telegram : https://t.me/KYCNEWS
Facebook : https://www.facebook.com/kyccoin
Linkedin : https://www.linkedin.com/company/kyccoin/
Instagram : https://www.instagram.com/kyc_coin/
Reddit : https://www.reddit.com/r/KYCCOIN/
YouTube : https://www.youtube.com/channel/UCMzhsoPW5NHPSDvR-55zo2Q
Bitcointalk Username: Rovega
Bitcointalk User Profile: https://bitcointalk.org/index.php?action=profile;u=2878895
Telegram Username: @Gennadius77
KYCCOIN wallet address: KQtRXWA5MDkc4VdLayawP49553hGAEuKFd