Post
Topic
Board Announcements (Altcoins)
Re: The Kinesis Monetary System
by
Animunie
on 23/12/2018, 02:51:19 UTC
Kinesis is a full-circle monetary system made up of all elements and functions required for a successful and effective monetary system. These differing functions make up different business units within the group.
One of these functions is the Kinesis Currency Exchange (KCX) KCX functions as the wholesale market where the currency is created and minted. This occurs in an institutional centrally cleared exchange with deep liquidity and connectivity into global wholesale trading organizations via Allocated Bullion Exchange (ABX).
Another function is Kinesis Blockchain Network (KBN) KBN is the blockchain technology upon which the Kinesis suite of cryptocurrencies is built. Kinesis currencies can be sent, spent, saved, or traded through the blockchain. Coins purchased in the wholesale market are emitted into the KBN with incentives based on money velocity.