Kora Network

in #cryptocurrency7 years ago (edited)

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The Kora Network is built on four layers of infrastructure to provide a low cost, universal access financial services platform accessible via SMS/USSD or via a mobile app, enabled by blockchain technology. By drastically reducing the cost and time required to provide financial services, and drawing a diverse set of stakeholders into an interoperable network, it will unlock the Long Tail of the global economy, benefiting populations most in need and enriching the global economy by unlocking the capital, intellect, and creativity of the underserved.

Kora is a project of hope for billions of people who are underserved by the current financial system, and are burdened by expensive and inconvenient access to financial services. They are excluded from better solutions due to high costs, lack of proper identity, poor access to banking locations, and mistrust or poor understanding of the banking system. Existing platforms have limited penetration due to lack of access to infrastructure like electricity, expensive access to Internet, insufficient capital to afford a smartphone, and a steep learning curve.

Kora Network brings financial inclusion to everyone anywhere on the globe - especially the unbanked. By making use of the Kora Network platform, everyone has the ability to have a credit history whether or not they own a bank account. Kora helps to keep funds safe for the ordinary merchant who will be an easy target for criminals by virtue of him or her holding large sums of cash. Kora will help to make financial transaction less bulky for societies that are predominantly cash-based.Kora is simply providing a banking solution outside of the banking system to the more than 2.5 billion unbanked people around the world.

“Sifting through hours of data pertaining to client profiles, transaction receipts and legal documentations increases cost of operating a traditional banking system. The high operational costs of running a bank branch in low capital locations is one of the reasons we have around 2.5 billion unbanked people in the world today. By using a machine learning algorithm to automate this procedure, fintech firms can get the job done in half the time and a fraction of the cost. By using a democratized system such as the blockchain, startups like Kora can reduce barriers to banking for the unbanked, improve security of data and give more power to the customers, who form the building blocks of any financial system.” - Dickson Nsofor, CEO of Kora

Token Contribution Overview
• Token Symbol: KNT
• Payment Method: BTC and ETH
Our portal is available by invite-only to Whitelist members. If you have signed up on the Whitelist, you will receive an invite to the email you signed up with. If you have not signed up already and wish to get early access, https://kora.network/#whitelist
ICO Dates : March 26th 2018 To April 18th 2018
Pre-ICO Dates : March 5th 2018 To March 25th 2018
Platform : Ethereum
Country : United States
Restricted Countries :United States
Total Tokens: 755,007,338
Initial Token Price : $0.1000

Sale End
The pre-sale will close when the cap of $3M is filled or when the sale time ends, whichever comes first. You will be able to transfer tokens from the portal to ERC-20 compatible wallets by the end of Q2 2018.
If you have any questions, please email [email protected]

For more information please visit :
Website : https://kora.network/
Bitcointalk ANN : https://bitcointalk.org/index.php?topic=2878292.0
Whitepaper : https://kora.network/#whitepaper
Token Sale : https://kora.network/tokensale.html
Facebook : https://www.facebook.com/thekoranetwork
Twitter : https://twitter.com/Kora_Network
Telegram : https://t.me/kora_network
Bounty Program : https://bountyhive.io/join/Kora%20Network

Author : https://bitcointalk.org/index.php?action=profile;u=1232458
Wallet Address : 0x0aCf4053dFcF1b47770509a7d4d6DB5eAAe1846F

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