Kvantor : Association of Russian Banks.

#Intro

The historically established model of the international financial system, in which the US is the main player, using the dollar as the main reserve and settlement currency, has a number of serious problems. US control over the system of world currency regulation creates not only significant risks for national economies, but also a significant advantage in favor of the American economy. In this situation, the principal task of an increasing number of states and financial entities is to get out of US control.

https://kvantor.com/

In addition, the rapidly evolving network-centricity and datacentrism of modern business and government management systems provide for the elimination of intermediaries between participants in economic activities, "recovery", the maximum transition to direct transactions using modern information platforms. The technology of the distributed registry (block) and digital tokens based on it become an object of increasing attention and niche of perspective investment of the business community.

Major world banks and financial organizations have already formed several consortia that create technological platforms for the corporate market, among which are the most famous: HyperLedger, Ethereum Enterprise, Ripple, Corda. But none of the platforms that are being developed in the world1 solve the tasks of moving from traditional US dollar-centric financial mechanisms, ensuring actual freedom of transactions, pricing and attracting financing, and freeing economic and national interests from political pressure exerted through traditional financial institutions.

The goal of the KVANTOR project is to give real freedom to economic agents of the world market:

Use advanced technology for mutual settlements.
To make deals at competitive and reasonable prices, uncontrolled cartels and corporations.
Reduce the costs of clerks, operators, lawyers, "contract specialists" and the design of many unnecessary documents.
Transfer capital instantly (in most cases - automatically) to those points of development that give the greatest return with minimal risk.

The platform will shorten the time of transferring money to minutes, transaction costs and risk of errors - almost to zero, the volume of required documents - to the minimum possible. Commodity exchanges, using KVANTOR, will be able to provide their customers with services based on future technologies, and banks will become not just financial institutions, but full partners of business.

Features:

The module of interbank transfers is the provision to the banks of the channel of exchange of messages about the ongoing operations of money transfers between them. As part of the platform, a special software mechanism is being developed to exchange messages about changing the state of bank accounts when transferring money between banks.

All data about these operations is stored in the KVANTOR blockbuster based on the consensus algorithm, which in turn is based on the traditional Proof of Authority and optimized for the project tasks to ensure the required transaction processing speed and protection against logical attacks on the network.
The software messaging mechanism will use the functionality of a legally significant electronic document management system - an EDS, in accordance with the legislation of the countries where the participants of the KVANTOR ecosystem have a residence.
The software mechanism interacts with the banks' ABS through a special interface (API). To do this, the node of the KVANTOR system is installed in the bank, the message exchange is performed via an encrypted channel.
Transfers of money are made using the usual attributes, aliases to the requisites of the SWIFT protocol.

That allows to minimize changes in existing ABS and to integrate blocking technologies into banks' systems as smoothly as possible. This solution gives banks a choice - to use both SWIFT and KVANTOR, or eventually go only to KVANTOR.

The rules for the emission of KVANTOR tokens

Standard tokens: ERC20.
The initial number of KVANTOR tokens: 100,000,000 pcs.

The initial value of the KVANTOR token is 1/1300 of the value of the troy ounce of gold on the day of the creation of the smart contract (release of the tokens) and is determined by the daily exchange rate in the London Interbank Market8 in USD, EUR, GBP with one decimal point. The rate of purchase in other currencies is determined by the cross rate of the currency exchange chosen before the beginning of ITO9 to USD as of the date of purchase of the token.

Pre-ICO and ICO.

Distribution of released tokens:

15% : founders, team, initial beneficiary
5% : project partners
80% : beneficiaries of the KVANTOR project, of which
60% : released tokens are intended for sale in 3 rounds of sales. The remaining ones
20% : issued tokens are reserved for subsequent sale (the possibility of exchange trading or sale to a strategic beneficiary will be considered).

Soft Cap - the equivalent of 4 million USD. As part of ITO activities, the company plans to raise funds from venture funds and individual investors.

Hard Cap - the equivalent of 45 million USD. According to our current business plan, this amount (taking into account the costs of system development, marketing, promotion, etc.) will allow the project to recoup the borrowed funds within the required period and start making profits.

Pre-ICO - not carried out.
ICO - held in three rounds.

Roadmap: