With the advent of blockchain technology, many financial institutions and banks began to revise their services and offers provided on the economic market. As practice shows, many transactions related to the transfer of funds on the Internet, depend on banks. Each completed transaction is stored in the Ledger of a centralized system.
The blockchain technology is an innovative system that also allows storing all accounting data, but already in a decentralized network, ensuring transparency and data security. That in turn undermines the whole of the former Bank’s reputation.Thanks to recent research, experts have found that every day more and more people choose new forms of payments, because they are safer and more economical. Even after the study, it became known that about 86% of the surveyed companies use a cryptocurrency network for making payment transactions. Nevertheless, out of all global financial transactions, only 6% are on the crypto-currency basis.
Therefore, experts believe that the potential of the cryptocurrency sector is huge and it has room to grow. Many companies now focus their attention on solving specific problems and problems related to the client’s ignorance about the crypto economy, its advantages, opportunities and rules.The Korona ecosystem also seeks to solve the above problems.
About the project
Korona is a decentralized system that plans to provide users with an easy-to-use, transparent and licensed platform. With the help of which, users will be able to meet all their needs, this can include the management of different wallets, convenient payment system, as well as the rapid exchange of cryptocurrencies for Fiat. At the same time, the platform will provide its users with everything they need in terms of service: information support, commercial guarantees, tax information, as well as services for the purchase of various goods and services.This platform will be focused to a greater extent on the European market. From the moment Korona tokens are available, users will be able to purchase online goods and other services from three European countries. But as Korona token grows and popularizes, the list of countries will be expanded, thus increasing the number of users and scaling the system.
The solution of existing problems.
Every year the number of digital payments in the field of e-Commerce reaches a new record, as well as the growth of cryptocurrencies. However, e-Commerce and cryptocurrency payments are still loosely connected to each other. Therefore, to correct this, ecosystems that will carry out all trade activities effectively and in a normative manner are needed. To solve this problem, Korona will include in its system a digital payment platform, through which the user will be able to access any online store, available at the moment. Thanks to the fast and secure payment processes Korona, users will be able to easily enjoy all the benefits of a decentralized system. But that’s not all, thanks to drop shipping users will be able to purchase and compare similar products or services even from different countries. For example, the creators of Korona, was seen the difference: home care products in Germany, are much lower than in the same Switzerland, or food in Poland is less than in Germany. This difference can sometimes reach 40%. Korona’s price comparison system, will allow users to find a variety of products at a lower cost, in just a few clicks.
Advantages
The user name that will store the tokens Korona will receive a number of benefits to using this platform:
One of these advantages will be the reduction of transaction costs, i.e. kot token holders will pay less when buying goods than other sources using POS-terminals and various cards, such a difference can be from 1% to 4%.
For Korona token holders, various discounts and promotions will also be available, which will consist of an additional benefit for the consumer and it can range from 5-20%.
Korona will reward its users with free tokens for using Korona’s digital system.
Korona is designed to ensure the safety of its users from any fraud. While protecting not only customer transactions, but also the supply of goods.
Lightning fast speed of transactions is available not only in the online store, but also in offline stores , using the Korona application from different smartphones.
In addition to all the above features of the platform, Korona also plans to introduce its own Cryptobank, which will have all the necessary licenses from the competent authorities, as well as to support commercial companies. At the same time Korona Cryptobank will secure tokens in a secure wallet, providing all the necessary documents of the international market.
Review of ICO and tokens
In total, it is planned to issue 300 000 000 Korona tokens. This number was not chosen by chance. Platform developers have determined that this amount will be enough to serve the existing base and potential new customers. Korona blockchain Fund is registered with all the legislative features of Switzerland and is subject to regular inspection and audit in Switzerland. The kot token itself is developed on the basis of Ethereum (ERC20). The price of the ICO token is 1 KOT = 0,43 USD.
Conclusion
This system seeks to take a responsible step into the new economic space. By providing its users with a number of advantages that are aimed at solving existing problems or improving them. It allows you to easily manage your wallet, buy various goods and services, as well as to guarantee financial benefits at all stages of the Korona ecosystem development. I believe this project deserves your attention, so I suggest you familiarize yourself with the concept of Korona in more detail on these links:
More Information Here :
Website :https://koronacoin.com/
Facebook: https://www.facebook.com/koronacoin/
Twitter: https://twitter.com/KoronaCoin
Telegram: https://t.me/koronacoinio
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