Post
Topic
Board Announcements (Altcoins)
Re: The Kinesis Monetary System
by
Animunie
on 23/12/2018, 05:57:37 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.
Next with that function is Kinesis Blockchain Exchange (KBE) KBE operates as a blockchain digital currency exchange where Kinesis and other digital currencies can be traded. This is being developed internally to ensure deep liquidity for the Kinesis currencies.
This is also part of those functions Kinesis Financial Network (KFN). The KFN serves as a mobile banking system where Kinesis currencies can be used for savings or payments, remittances, and money movement. This facility also has a Mastercard and Visa debit card and accompanying companion card facility providing the ability to use Kinesis as a payment currency across the world.