PRELIMINARY

The world we are today is not static but in constant motion. So is the ecosphere of technology is growing and developing day after day, year after year with new trends of businesses, infrastructures and the like? So many businesses and sectors have seen and tasted from the fountain of blockchain technology since its debut. This unparalleled and immutable technology has and is still elevating a whole lot of businesses and projects even the upcoming and already existing ones.

Blockchain technology is increasing lifetime value and adding the trend to card payments. Its adoption is taking a snail pace but gradually attaining its goal and purposes. This innovation has brought transparency, trust in dealings, and security. It has also eradicated intermediaries, fraud, cyber-theft, and facilitated efficiency, speed in transactions, improved unique means of KYC/AML processes, and effective collaboration between merchants and their clients.

We have seen that in the present market today, a lot of individuals and corporate bodies are facing a lot of challenges that hinder the growth and efficiency of a particular business or project. Below are some of the problems identified in the market by #kabn.

CHALLENGES FACED IN THE PRESENT MARKET

With the Universalization and commercialization of cryptocurrencies, a lot of people and corporate bodies in the globe are faced with illogicalities. Most of them are not quite confident about cryptocurrency and its technology while some who adopted its innovation has seen new solutions and technologies to their unsolved problems.

The exchange of cryptocurrency-to-fiat and fiat-to-cryptocurrency has been a hike in the market in terms of the transaction time that takes too long and the high transaction fees which are a major problem to users. So many factors are being looked into before adopting anything. #kabn have come up with brilliant and effective solutions through innovative technology to adopters and the upcoming.

Another challenge is that businesses, e-commerce, projects and the other corporate bodies necessitate global compliance solutions.

Retail investors lack access to early stage opportunities. The sales of commodities in small quantities to ultimate consumers by investors requires access to early stage opportunities.

The Millennial and Gen-X clients lack various custom-made offers and discount. Also, to avoid fraud, cyber theft, every platform requires a unique KYC/AML in other to have a good and better relationship with their clients.

ABOUT KABN

#kabn is a financial service platform (a digital banking alternative) with neo banking type solutions which has acknowledged endorsement by Visa to unveil its crypto-linked card and banking wallet program. The #kban platform has integrated diverse forms of financial services to its users (digital currency holders and KABN cardholders) to enable them to shop online, access global Automated Teller Machines (ATMs) that accepts Visa services.

FEATURES OF KABN

What is more unique than having a multifunctional card “Pegasus Flyte” which is the debit card of the KABN platform. KABN has carefully and wisely collaborated with VISA a leading service that provides banks with debit and credit cards globally.

#kabn is also a platform for identity verification and bio-metric data processes. The platform permits a one-time verification process, which is at the point of registration. Afterward, transactions can be carried out on a daily basis while the system uses the initiated user’s identity to checkmate all activities of the user.

Other features of the #kabn platform are listed below.

• Crypto-linked prepaid Visa card
• Mobile integrated multi-currency banking wallet
• KABN Kash
• Robust loyalty program
• KABN identity
• GDPR compliant
• Blockchain and biometric identity verification.
• Data vault

BENEFITS OF USING THE KABN PLATFORM

• The most interesting thing is the conversion of crypto-to-fiat and fiat-to-crypto that is provided to all crypto fanatics globally. This will enable them to shop and spend on goods and services securely, safely, and transparently at their will without limitations.
• The platform is open to all fiat, unlike the other platforms that are limited to some particular fiat which limits client’s trades.
• Clients are able to cash out funds through the use of accepted Visa ATMs globally.
• Clients can use the KABN card to purchase goods and services

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ARTICLE PUBLISHED BY TIVERE AKPORODE

• BOUNTY0X PROFILE: TIVERE