Kittoken the efficient payment system for global businesses

Lassisi is an international business man that deals on electronics .
He had purchased goods from an electronic manufacturing company and was given payment deadline before his goods are shipped down to his base.

Lassisi is desperate to beat the deadline and at the same time worried over the high transaction cost associated with doing international money transfer. He quickly grabbed his phone , tried opening his mobile app to do the transfer but the app was not connecting , so he quickly rushed to an ATM , slots his debit card and discovered to his dismay that the debit card had malfunctioned and it was already too late to go to the bank.
His friend suggested he do the transfer on blockchain since the company do accept bitcoin ......but to Lasissi that was not even an option to be considered because of the blockchain scalability issues.
The transfer might take days to be confirmed.
Lasisi's reputation is on the line as it is .

Another friend of his connected him to an agency that handles payments for commission.

Agreement was reached and the agency made the transfer on the behalf of Lasissi.

This also resulted to increased cost of transaction as the agency collected a huge commission for their services.....which on the other hand has reduced Lasissi's profit margin .

This instances mirrored the dilemma being faced by many businesses and entrepreneurs courtesy of the traditional payment model.

These challenges are also impeding the continuous growth of the commerce sector.

Kittoken , a decentralized payment system that is powered by blockchain is poised to proffer solution to these challenges by,
Introducing an ecosystem that would "house" all merchants, enterprenuers, businesses for the purpose of transacting seamlessly.

This implies that, third party agencies are eliminated completely, as users are enabled to interact, transact and exchange information on peer to peer basis on the kittoken ecosystem. Transactions are confirmed almost instantly even at a lower transaction fee compared to what obtains in the traditional payment system.

The elimination of third parties means reduction in transaction costs.
The geographical factor is also solved as the ecosystem connects the concerned parties.

Kittoken would also introduce profit sharing feature , which will make it possible for holders the kit token to share the profit realized on the platform.

To ensure safety of user funds on the ecoystem, kittoken aims to implement a security feature that will make for protection of users funds against third party unauthorised access.
Kittoken would introduce a digital way of making payments through the kitpay feature .

Features of Kittoken

Secure and definite environment

*Connects merchants and individuals

*Low fees,fast and reliable transactions

*Sharing of profit among holders

*Strong asset backed business activities

*Self-governing technology and global remittance

The Kittoken Kitpay platform

The Kit token platform is designed in such a way that even an illiterate can be able to navigate through the features.

Users would be able to gain accessed to kitpay upon launch through any smartphone by downloading the application from Google PlayStore for Android users and the App Store for the iOS users. Kitpay can be used conveniently anywhere and anytime.

For more information, please visit the following links:

website : https://kittoken.net/ whitepaper: https://img1.wsimg.com/blobby/go/030bdbd0-d698-4aa3-ba4d-d2bc680f2ec9/downloads/1ckcml5k4_576533.pdf Telegram:https://t.me/kittokenofficial Medium:https://medium.com/@kittoken.official Twitter:https://twitter.com/TokenKit Facebook:https://www.facebook.com/KitTokenOfficial

Author : Nnedaddy

Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;!u=2050118