Hy Im ayuwick, this time I will review a new technology in blockchain that is Kora If explained in simple meaning Kora Network is Infrastructure for inclusive financial system where this platform can Connect people and community and capital simultaneously. this article I write about what I say abaca and I understand from the website and ANN thread.
Kora’s present background for us is Because of the high costs to be served, the lack of identification and financial literacy documents many people around the world can not grow and accumulate the wealth they generate from the crypto world hence Kora was born to avoid barriers between people and financial service providers developed a low-cost platform to address this. You should support the Kora project because I think it’s very potential, if you get interested please visit https://kora.network/ and buy the Token, but if you are not sure about Kora project I will discuss more about Kora here, let’s have a more complete discussion.
“ Vision of kora - The Kora Project is a project of hope for billions of people who are under served by the current financial system and are burdened by expensive and inconvenient access to financial services’’
Background of Kora ..
Category: Banking, Business services, Communication, Cryptocurrency, Infrastructure . Kora Platform has a rating that can say quite well that if viewed in profile Kora get 3.4 rate. if the team get 3.0 rate. if the value of vision kora get 3.0 rate. if from product Kora get 2.0 rate . kora originated from Hong Kong State. Whitelist / KYC KYC List. As for the limited area is the United States, China, Korea. This platform was founded by Dickson Nsofor as CEO & Co-Founder of Kora. seed investmen in july 2018 then Kora 1.0 Development Begins — USSD, SMS & Mobile App in august 2017.
Introduce Kora …
Kora’s first unique fact is the name of the platform “Kora” if it is defined as a popular musical instrument in the Western / Eastern Africa region often played in celebration songs, or for graduates and also contains a message of hope. The nature of the Kora platform is a financial governance technology targeted at bringing lower-class societies into the financial economy by providing an all-inclusive financial platform with which no matter the level of one’s status either the farmer or the small trader will greatly assist them.
The Kora system network will help with the ease of money transfers or transactions, lending money to people who really need a loan to start their own business. Important information you need to know friends … by holding ICO. In March of this year, the Kora platform now has an achievement that will launch the Kora Network program that helps with the ease of fund transfers to farmers in rural communities from agricultural aggregators, in fact it is indeed Kora created to help people from middle to low class to have ease in transactions in order to avoid robbery on the highway when sending money to some areas in the world wherever they are. as a user you can gain access to financial services.
The project will help ensure that the underclass considered by banks, e-commerce companies and e-money into unfavorable economic classes, is brought into the financial system because they account for more than 90% of the countless amounts of money that can help the financial system to be more independent. So that’s what Kora is doing to help us, we should be aware that if we can not help others in saving their assets either in the digital world or in the real world we just support this project, it would be nice if we apply the social value of Kora we will also get the advantages of Token that we buy let’s support this project and buy its tokens, feel the better of helping each other and get the benefits visit here https://kora.network/and Get tokens
How Kora’s Work …
Actually Kora’s main goal is to build wealth by creating an ecosystem that is self-reliant and community-based. Helping people classified in the middle classes under the workings of Kora based on financial technology eFiat understanding of eFiat is a digital version of the national currency that exists around the world eFiat supported by cash reserves, and can be redeemed on a basis of 1 to 1. eFiat will increase ease of use and adoption by offering users the benefits of digital currency in the form they understand and believe.
This work applies to users
Users can be anyone who wants to join Kora Network. When you want to join All users must comply with the regulatory framework in their country of residence to access the Kora Network
This work applies to providers.
The Provider will grant the user access to financial services on the Kora Network and will become the user responsible for regulatory compliance. They are expected to become banks or other finances
service providers such as mobile transfer operators or mobile money operators. They will use the Kora Network as they will receive a turn-key platform, access to new ones market, and white label customer interface with KYC tools.
This work applies to agents
Agent will be a cash point that converts between eFiat and physical money
commission. They will be small businesses that collect cash, like a local
department stores and gas stations.
Merchants will become businesses that accept eFiat as a payment method.
Sources of information from official Whitepaper Kora https://kora.network/downloads/Kora_Vision_Paper_International.pdf
Users can be anyone who wants to join Kora Network. When you want to join All users must comply with the regulatory framework in their country of residence to access the Kora Network
The Provider will grant the user access to financial services on the Kora Network and will become the user responsible for regulatory compliance. They are expected to become banks or other finances
service providers such as mobile transfer operators or mobile money operators. They will use the Kora Network as they will receive a turn-key platform, access to new ones market, and white label customer interface with KYC tools.
Agent will be a cash point that converts between eFiat and physical money
commission. They will be small businesses that collect cash, like a local
department stores and gas stations.
Merchants will become businesses that accept eFiat as a payment method.
Information About Crowdsale …
Kora will issue a Token called KNT when the sale will take place Token Kora Network will be used as a reconnaissance unit to select block manufacturer, as well as one media to pay the cost incurred by Kora Network. Holding KNT is similar to the partial role in Kora Network which later if Kia contributes KNT will provide an important role to run the platform. KNT will be distributed to Contributors as an ERC20 token after the token sale is completed. KNT-ERC20 tokens can be redeemed for KNT on the Kora Network. • All unsold tokens will be burnt. For sale the amount of Token issued at 45% or equivalent to 339,753,302 KNT. for reserved for growth allocation is set at 20% or equivalent to 151,001,468 KNT. Reserve for R & D of 20% or equivalent to 151,001,468 KNT. For the Team will be allocated 15% or equivalent to 113,251,101 KNT
1 KNT = 0.10 USD if you want to contribute only receive payment with ETH Minimum investment 5000 USD Hard stamp 24,000,000 USD. february 4th 2018 Start will end at 5th april 2018
1 KNT = 0.10 USD if you want to contribute only receive payment with ETH Minimum investment 5000 USD Hard stamp 24,000,000 USD. february 4th 2018 Start will end at 5th april 2018