The creation of bitcoin in 2009 brought about the era of Cryptocurrency. Ever since then , the Cryptocurrency market has grown exponentially beyond expectation, this could well be attributed to the investment interest from the public.
The potential and growth of Cryptocurrency seems never ending, however, there are factors limiting the adoption of Cryptocurrency on a wider scale.
These factors makes it extremely difficult for potential institutional investors, finance industries ,as well as individual investors from being totally commmitted in the Cryptocurrency market.
One of such factors is the Difficult in the conversion of digital assets to fiat.
Investors all frown at the sheer difficulty in converting Cryptocurrency to fiat.
This is the major challenge to the mainstream adoption of cryptocurrency.
I believe if this issue of difficulty in conversion of digital assets is resolved that the cryptocurrency space could grow more than it's present daily growth.
That's where the KABN platform comes into the mix.
KABN is a financial service platform with neo banking type solutions which has received approval by Visa to launch its crypto-linked card and banking wallet program. KABN platform seeks to increase the wide spread adoption of Cryptocurrency through the introduction omof it's Cryptocurrency -. Linked card and banking wallet ,which will make 5he convertion of Cryptocurrency to fiat seamless to users on the ecosystem.
With the Kabns crypto linked card and banking wallets, investors will be able to convert their digital assets to Fiat seamlessly.
Users can even use the crypto linked card to make purchases of goods and services effortlessly, this could encourage and stimulate participation
KABN is an open monetary stage which is intended to work inside its own exclusive keeping money structure and is intended to serve the FinTech and crypto-business needs in territories of cash settlement, cryptographic money trade, and installment for "genuine" products and enterprises under a mark arrangement. The key upper hand of paygine over comparable activities is that it can use off existing Best2Pay administrations and advances which is as of now utilized by FinTech organizations, internet business.
What can KABN Offer?
The KABN will offer each of the administrations on the platform by using Best2Pay existing innovation. These include:
The ability of Transferring digital currency to / from a bank (prepaid debit) card.
Ability to Paying in shops and stores utilizing a card in digital currency
Acceptance of digital currency as an installment for merchandise and ventures at online stores;
Carrying out cross outskirt exchanges of fiat monetary forms by methods for digital currency with low expenses.
Maintaining wallets in both fiat monetary forms and digital currencies with the capacity to advantageously and rapidly change over assets between them.
The KABN token will be the basic functional tool on the platform and it can be purchased through the STO or on an exchange following the STO.
As part of KABN’s commitment to becoming a leader in the neo-banking financial services arena, KABNhas partnered with Transact Payments, a European e-money institution and Principal Member of Visa,global processor GPS and platform technology provider Pannovate to launch the Pegasus Flyte Visa card and Mobile Banking Walletprogram in the UK and subsequently the EEA in the 2nd quarter of the year.
Polymath and KABN Announce Consortium to Accelerate the Creation, Distribution, and Management of Digital Securities Across Multiple Jurisdictions and Platforms https://medium.com/@KABN/polymath-and-kabn-announce-consortium-to-accelerate-the-creation-distribution-and-management-of-3f8c5dcfa8d3
Token Ticker: KABN
Price 1 KABN = 0.2 USD
Accepting: ETH, BTC, Fiat
Bountyox username: Nnedaddy