INTRODUCTION
The advancement in digital era has unleashed the most powerful technology in terms of security and reliability; it is none other than blockchain. Blockchain is the solution to the drawbacks of the conventional centralized storage technologies, which store all the data at a single location. They are often vulnerable to cyber attacks and have mostly lack a formidable recovery system. This has got the data of the users under the vicinity of data loss or leakage, which could be very hard hitting for them. Blockchain is a decentralized storage platform, which stores the multiple copies of data at various locations and also maintains records of every transaction. The recovery mechanism is very robust too. There were many crypto currencies introduced after the invention of blockchain. Amidst the evolvement of so many platforms at a rapid pace, the quality of the platforms was not up to the mark and invited many loopholes too. The customer service they provided was of poor quality, with delayed service and late following up. The number of crypto currencies presently available in market is too high for common people to understand them uniquely and using them becomes a secondary difficult task. Because of these reasons crypto currency and blockchain technology in unable to gain the popularity as they were expected to be. There is some security flaws involved too with the existing frameworks of crypto currency. The user experience and interface provided by the existing platforms are not at all friendly rather much confusing. This brought up the need to have a relook at the implementation strategies by taking into consideration the feedback from the users and the crypto currency platforms. Kubitx is the solution to all the above mentioned drawbacks of existing blockchain platforms.
SOLUTIONS OFFERED
Kubitx is a decentralized blockchain platform which is committed to the growth and promotion of crypto currency platforms by adding new features as well as modifying the existing ones. It is a platform which would help masses understand the concepts of crypto currency, their benefits and usability. It is designed to provide a user- friendly experience to its users. It would provide faster customer services and would look into the user's matter of concern in a much diligent and convenient way. It helps its users to keep a real time track on the valuation of their asset and provide features for easy trading. The financial transactions made on this platform would be highly secure, as they would have the support of multiple signatures in a smart contract. It is currently using Etherium based currencies and later on would roll out its own currency, which would again add to the convenience of the users. They would provide almost all the financial services with the help of linked crypto currency like transferring funds, merchant processing, trading, and several others. They would help the users to keep track of their assets along with the crypto currency of other platforms. They would take all the measures needed to educate and involve people into this platform.
CONCLUSION
The idea of making a better platform based on the faulty existing model is very fascinating although the margin of creativity and innovation is less still the benefits and changes are much. It is the answer for all your queries regarding the blockchain and crypto currency, no matter if you are an existing user or a newcomer. This platform has easy to set up and use facilities which would make it remarkably easy for us to get going. This is a much promising design and having a robust working model too.
Website - http://www.kubitx.io/
Whitepaper - https://kubitx.io/KuBitX_Whitepaper_v1.1_En.pdf
Telegram - https://t.me/kubitx_official
ANN - https://bitcointalk.org/index.php?topic=4628365.0
Published by- Etheran
Profile - https://bitcointalk.org/index.php?action=profile;u=1108165
Great project! I will be happy about the mutual evaluation of my article, about KuBitX.
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