Crypto money is rapidly evolving into a proposal for a solution to get rid of problems and bottlenecks in the current financial system. In this context, it is rapidly settled by various ICO projects in daily life. Clearly, crypto money must also have tools for payment and security facilitation so that it can provide this settlement. The Kittoken Project has been developed on the blockchain network to provide these facilities.
What is Kittoken?
Kittoken is a self-managing financial system based on P2P peer-to-peer infrastructure and methodology, open source platform called KitPay. Kittoken is determined to develop a financial ecosystem based on blockchain technology as the "Organic Growth Profit Sharing Program".
The Kittoken will use the "Value Transfer Protocol" to ensure that payments from one person to another are transferred on a peer-to-peer basis. It also aims to create a decentralized platform to achieve faster transaction rates. Current payment systems have a number of disadvantages that need to be revisited. Recognizing this, Kittoken is working on innovative digital mobile payment.
KitToken has a platform called KitPay which is a payment gateway like an e-wallet. Tokens bought can be left in an e-wallet in hopes that the value of the tokens will go up to make profit. This profit can be sent back home as well.
How KitPay Works
KitPay runs as a central server in a blockchain infrastructure distributed from a network-attached hub. KitPay will enable users to own a wallet that stores, exchanges and clears KitToken in everyday classical economic activities. Kittoken owners will benefit from the rise and stability of the Kittoken value. As a result, Kittoken owners will receive a profit share from Kittoken business activities through a Point of Sale (POS) Program.
What Different KitToken With Other Platform ?
KitToken provides cheaper platform to transfer protocol to achieve the transfer of payments from one person to another. They also aims to build a decentralized platform for achieving faster and quicker transactions across the borders.
As cryptocurrency a medium of exchange, which makes use of cryptography to secure transactions and to control creation of additional currency units. The development of cryptocurrency has been actively growing in the past decade, thus oﬀ ering a broad range of transactional possibilities for both users and organizations.
KitToken® aims to become the ﬁrst stable digital currency whereby the distribution and value of the currency is not controlled solely by the miners, but also the community of users, merchants and businesses having a vital role.
KitPay® provides a unique hybrid Ethereum model for storing and processing digital transactions in a secure and transparent way encompassing Proof-of-Work (POW) and Proof-of-Stake (POS). POW entails the number of transactions or purchase of KitToken® by token holders. POS records the storage of KitToken® in an individual wallet for the purpose of distribution of profit.
SOLUTION PROVIDED BY KITTOKEN
Kittoken aims to provide a sustainable financial ecosystem based on blockchain technology. The platform will use value transfer protocols to facilitate the transfer of payments between peers, between the customer-business world and the business world. The ecosystem will provide the financial sector with the following advantages:
• Provides a safe environment.
• Connect merchants and individuals.
• Low cost, fast and reliable processes.
• Provides profit sharing between token owners.
• Provides strong asset-backed business activities.
• Self-managing technology and global referral.
Secure payment transfers: Unlike current payment and remittance options, Kittoken will be safer because it is based on blockchain technology. It would be impossible for hackers to breach the block chain because they use advanced hash functions that provide protection from hackers and other network based attacks. Therefore, all money transfers can be carried out without any risk of hacking.
KitToken Right now have support wallets with.
TOKEN AND ICO DETAILS
Token name: KitToken
Cost per token: US $ 0.05
Total Supply: 8 Billion
Reserve Token Amount for Reserve: 2.5 Billion
Token Amount to be Issued to ICO Sales: 3.5 Billion
Airdrop + Bonuses: 2 Billion
Pre-Sales were realized with a bonus of 70% between July 20th and July 25th, 2018 and a bonus of 50% between 26th and 31st of July 2018. ICO Sales will be done in 2 stages. The 1st Stage will be realized with 30% Bonus between 0th August 2018 and 2nd Stage will be held between 11-20th August 2018.
You can use the https://kittoken.net/buy-tokens-now link to join the project Token Sales.
For more information on the Kittoken Project Please review the following links:
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=4557979.msg41057899#msg41057899