KubitX - the next-generation cryptocurrency platform

donnyarrrr (25)in #kbx • 7 years ago

INTRODUCTION

Progress in the digital age has released the most powerful technology in terms of safety and reliability; It's nothing but blockchain. Blockchain is the solution to the drawbacks of traditional centralized storage technologies that store all data in a single place. They are often vulnerable to cyber attacks and usually do not have an excellent recovery system. This has brought users' data close to data loss or leakage, which could be very serious for them. Blockchain is a distributed storage platform that stores multiple copies of data in multiple locations and maintains records of each transaction. The recovery mechanism is also very robust. After the invention of Blockchain many cryptocurrencies were introduced. In the development of so many platforms at a rapid pace, the quality of the platforms was not up to date and also invited to many loopholes. The service they provided was of poor quality, with late service and late follow-up. The number of cryptocurrencies currently available in the market is too high for ordinary people to understand clearly, and their use becomes a secondary, difficult task. For these reasons, cryptocurrency and blockchain technology could not become as popular as they were expected. There are some security flaws associated with existing cryptocurrency frameworks. The user experience and user interface provided by the existing platforms are not very confusing at all. This led to the need to rethink implementation strategies, taking into account feedback from users and crypto currency platforms. Kubitx is the solution to all the above mentioned disadvantages of existing blockchain platforms.

SOLUTIONS OFFERED

Kubitx is a decentralized blockchain platform committed to growing and promoting crypto currency platforms by adding new functionality and modifying existing ones. It's a platform that would help the masses understand the cryptocurrency concepts, their benefits, and their usability. It is designed to give users a user-friendly experience. It would provide faster customer service and would examine the user's concern in a very careful and convenient way. It helps its users to keep a real-time track in terms of valuing their assets and provides simple trading features. The financial transactions made on this platform would be highly secure because they would support multiple signatures in a smart contract. It currently uses Etherium-based currencies and would later introduce its own currency, which in turn would increase usability. They would provide almost all financial services through linked crypto currency, such as money transfer, merchant processing, trading, and a few others. They would help users to keep track of their assets along with the crypto currency of other platforms. They would take all necessary measures to involve and involve people in this platform. They would provide almost all financial services through linked crypto currency, such as money transfer, merchant processing, trading, and a few others. They would help users to keep track of their assets along with the crypto currency of other platforms. They would take all necessary measures to involve and involve people in this platform. They would provide almost all financial services through linked crypto currency, such as money transfer, merchant processing, trading, and a few others. They would help users to keep track of their assets along with the crypto currency of other platforms. They would take all necessary measures to involve and involve people in this platform.

CONCLUSION

The idea of creating a better platform based on the flawed existing model is very intriguing, though the scope for creativity and innovation is still less the benefits and the changes. It's the answer to all your questions about blockchain and cryptocurrency, whether you're an existing user or a novice. This platform is easy to set up and use, which makes it very easy for us to get started. This is a promising design and also has a robust working model.

KUBITX VISION AND MISSION

Education about Blockchain technology enhancing adoption by masses
Liquidity amelioration
Robust Security
Financial Inclusion
Economic development of the emerging markets
UNIQUENESS OF KUBITX OVER ANY OTHER EXCHANGE
KUBITX is more paramount than any other platform with the incipient system techniques adopt. This platform embraces the utilization of ambassador where Ambassadors will engage with people in multiple ways, e.g. via information events in cities & astronomically immense towns. Furthermore, they will connect with local influencers and people involved in regime and regulation. Additionally The Ambassadors will avail to expedite crossing the chasm in their respective regions, availing KuBitX to be adopted much more expeditious, and thereby reducing the budget for advertising in these regions. Determinately, The Ambassadors being in-country will avail in gaining a better understanding of how we can drive the adoption of KuBitX and the intrinsical values it will bring across the Socio-Economic sphere of each country in the emerging countries. Addtionally, the FINANCIAL ACCOMMODATIONS this will adhere a strategic partnerships with banks and payment providers are availing the platform to engender a full-accommodation financial institution with cryptocurrency integration. This entity will provide all of the traditional banking accommodations and more: such as Funds transfer (wire and peer-to-peer), Payment processing, Merchant servicing, Remittances, Bill payment and Trade Financing.

TOKEN DETAILS and ICO DISTRIBUTION
KuBitX will issue a fine-tuned supply of 500,000,000 KuBitcoin (KBX) tokens which are predicated on the ERC-20 standard. The reasons for culling ERC-20 tokens are the present familiarity of the market with this standard plus the stability of Ethereum Block chain