How Kinesis Money is Able to Overcome Major Issues in The Financial Markets is Explained Below.
Kinesis money has been used to solve distinct problems in financial systems throughout history. From the beginning of time to the present, every financial system has faced unique challenges that have been overcome with the assistance of Kinesis money.
Examine a few of them in greater detail:
The cryptocurrency markets are characterized by high price volatility. While cryptocurrencies have experienced substantial development in numerous aspects, such as trade volume, one of the most concerning aspects has been the volatility of the cryptocurrency markets. The price of Bitcoin is extremely volatile, and many investors consider it to be a significant risk. Because of the change in the price, it is difficult to estimate the prospective return on investment. In 2017, for example, weekly variations in the price of bitcoin reached around 60% in some cases. Investment professionals do not consider cryptocurrencies to be appropriate as a means of exchange or a reliable store of wealth.
Solution: The Kinesis money token is heavily supported by gold, which stands out in a one-to-one ratio with silver. When it comes to storing and recovering value, these physical assets are the most reliable option. Consequently, Kinesis money generates enough value for its token to be able to resist volatility in the financial marketplace. This makes it an excellent choice for use both as a currency and as a reserve currency.
The volatility of fiat currencies is as follows: Similarly, to cryptocurrencies, fiat money is prone to periodic depreciation by central authorities, which results in inflationary pressures. In the absence of consideration for the impact on investment, devaluation is a poor means of sustaining economic growth. For example, as compared to inflation, the interest rate provided on cash deposits with banks is significantly lower. Investors must also service their accounts and pay other costs, such as savings interest insurance, in addition to their principal. The result is that investors are wasting their investments.
The solution from kinesis money: A variety of yield methods are used in conjunction with Kinesis money to further strengthen its ability to provide a stable currency backed by gold and silver. Rather than the low-interest rates paid on deposits, the profitability system encourages commercial activity and pays investors for trading. Due to the security of Kinesis money, which is backed by gold and silver, it provides a stable platform for investment – and more importantly, predictable investment.
Problems with the precious metals markets: Numerous people who deal in precious metals, such as gold and silver, opt not to sell their holdings and instead spend their hard-earned money. At the end of the day, these commodities do not provide any new value to something they already possess. They do not produce any revenue. As a result, investors miss out on the possibility to earn additional revenue from their asset-backed investments. Additionally, because of the high prevalence of theft and fraud, the possession of such goods is both expensive and unsafe.
The solution from kinesis money: Once again, the unique return structure of Kinesis money assists investors in maximizing their financial return. Each investor gains greater money as a result of his or her participation in trading on the trading platform. Furthermore, the solid gold and silver backing of Kinesis provides a significantly more stable platform for investment than asset-backed systems.
Architectonics of Kinesis Money (Kinesis Money Architecture)
The overall Kinesis money architecture is comprised of a number of interconnected systems and components. Each function is in charge of a critical component of the project, and they all work collectively to make an efficient framework that may be used to support current financial decisions in the future.
Here is a look at each of them individually:
Its official name is the Kinesis Currency Exchange (KCX), and it is the unit in charge of the generation and minting of Kinesis money. Because of its connectivity to worldwide trading organizations, the exchange makes use of a Distributed Bullion Exchange (ABX), which provides a very broad market for newly created currency.
On the Kinesis Blockchain Network (KBN), which is the blockchain foundation on which Kinesis money is constructed, we have the term "Kinesis money." It makes all transactions, even those involving Kinesis money coins, much easier.
Kinesis Blockchain Exchange (KBE): Kinesis money is in charge of managing the internal exchange of digital currencies within the organization. In addition to facilitating all coin trading transactions on the site, this functionality also supports the exchange of other cryptocurrencies.
Kinesis Financial Network (KFN): This event causing a mobile banking platform, allowing users to do their regular banking transactions on their mobile devices. It contains a method for incorporating Kinesis as a payment gateway by providing master cards and debit cards, as well as other features. E-commerce capabilities are provided through API connection, allowing merchants to receive payments directly from their websites. Among the other potential features are a companion card for relatives, private labeling, and other options.
The Kinesis Commerce Center (KCC) is a service that enables retailers to accept Kinesis tokens as a form of payment without the need to set up merchant accounts with other payment gateways or payment processors.
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