In today's world when everything is changing in rapid succession, it's hard to evaluate the originality & purity of any object particularly in the field of physical assets.
At the same time people have become smarter over the time & in the pursuit of richness, they are working hard.
They do a lot of things such as investment trading, office work up to 12-14 hrs/day or even more than that in their workplaces.
Almost every one of us invests their money in various physical assets.
Gold is one of them but in reality, the acquisition of gold is not that easy as it appears in the centralized economy. It involves the numerous paperwork & other complications imposed by the govt plus less interest on your deposits.
We need a robust system that not only provides a high level of security but also the transparency in transactions.
Here comes the world first smart & decentralized #blockchain solution for physical #Gold i.e. #KARATCOIN.
#Karatcoin project will be the first smart decentralized entity who mainly deal with the functioning of physical gold viz. mining, storing, trading etc.
• Objects of the Project :
#Karatcoin basically providing financial services which will capture the gold market initially. Karatcoin will focus on the development of gold & mining growth of gold mining companies.
Karatcoin building a platform to trade gold certificates across all borders, exchange karatcoin #tokens, also save & exchange currency using gold cards.
• Special Features of KARATCOIN
As mentioned above, karatcoin will directly work with the global companies which deal with the mining & processing of physical gold.
But it is done without any interference from the third party.
• No Cross Border Restrictions :
Karatcoin will provide hassle free & cost efficient services without any restrictions of borders across the countries.
The related taxes & transport cost can be minimized by storing raw materials in their origin place.
• Store Physical Gold :
In a Centralized system you will be charged more for storing your physical gold & gold bonds in banks or any government regulated institutions but here you can store the physical asset in the vault and keep it as gold certificates in your wallet on Karat #blockchain with an assurance to get the higher values over time.
• DPOS Consensus :
Karat blockchain is fundamentally structured on EOS technically but it's a separately owned blockchain. It uses the Delegated Proof of Stake (DPoS) consensus for better performance, quality control efficiency & less power consumption than other blockchain consensus.
• INTERPLANETARY FILE SYSTEM :
All transactions are stored in a public ledger inside the Karat blockchain and also all asset documents are stored as scanned images in the IPFS ( Interplanetary File System) to ensure the immutability.
Other valuable features are...
• LESS VOLATILITY - Since Karatcoin is directly linked to a real asset with an owned blockchain hence it is less volatile than other cryptocurrencies.
• FIXED REVENUES - Gold certificates will give you 2 semiannual coupons up to 6% of interest.
So, be the part of this new world of crypto-gold & purchase tokens get 16% free.
The current sale of Phase 1is at live.
Buy tokens at $0.1/KCD (Karatcoin) with the minimal buy amount of $100.
Visit: https://karatcoin.co/#tokenSale
Website: https://karatcoin.co
Whitepaper link: https://s3-eu-west-1.amazonaws.com/karatcoin.co/files/docs/KC_WP.pdf
ANN: https://bitcointalk.org / index.php? topic = 4932340
Telegram: https://t.me/KaratcoinGroup
Article by- Sumit Bisht
My BTT profile link: https://bitcointalk.org/index.php?action=profile;u=2396148;sa=summary