Kavantor platform is designed to support decentralized payment infrastructure, fight against current banks netting system and support middle east and Asian countries to evade USA financial interest in that regions. Kavantor will provide alternate solution to current SWIFT payment system while remaining in the current banking system. This will provide direct settlement infrastructure to contractors in their own national currencies and significantly reduce the cost and time of transitions. Kavantor is a tech software developer company in Cyprus that generates revenue from their platform services and they have team of experts, they have already done their projects in banking and IT sectors.

From the historical point to view we know that after World War 2 USA has started their monopoly game with US dollars as worldwide payment system. USA got their control on world currency regulation that significantly favor only USA and damage other nation’s economy. Thanks to block-chain technology now we have a decentralized ledger system through which we can trade worldwide without any third part involvement. Kavantor aim is to provide real freedom to the world wide economy by using block-chain technology by reducing and speeding up the transaction system, reducing cost for lawyers, contract management and unnecessary documents.

Kavantor platform will give bankers an opportunity to advance their current banking system with new ones without denying current one. According to recent estimate in 2017 if you have block-chain technology in our current banking system then we can save 8 billion dollars expenditure which is current at 30 billion dollars. Kavantor platform makes it easy to deny large amount of modern infrastructure through qualitative measurements and decreasing operational cost. Only peoples who are processing transaction will only get that information and service men will only get permission granted information.

Kavantor will increase the functionality of automatic banking system (ABS) by integrating it will block-chain technology (For payment transfer between banks without any third party channel or SWIFT). Business platform for currency trading will be modified with digital tokens for creating direct settlement possibility. Kavantor platform services will include interbank transfer like banks will be able to transfer money between different banks, clearing, agriculture exchange and allowing bank clients to join Kavantor platform ecosystem.