A NEW AGE FINANCING SYSTEM FOR ALL OF US KORA NETWORK

techblue (43)in #economy • 7 years ago (edited)

Introduction

Millions of people are left out of financial services for reasons that cannot be accepted, despite the fact that of the age of technology that we live today. But the reality does not change, the millions still don’t have the advantages of the modern world in terms of financing. Being out of the benefits that modernity brings, also results of not getting the contribution of people for the development and progress that humanity has.

Kora Network, as a new age project, aims to change this a kind of bad destiny of the people who suffer by not having the possibilities of benefiting from the world of financing as the others who live their major advantages and benefits.

Here is the official video of Kora Network

What is Kora Network?

As an ecosystem Kora Network rise on tree mayor pillars. First is the availability for all people regardless of financial situation. Second is accessibility that doesn’t depends on internet connection which requires smart phones. With the last one, Kora Network aims to empower existing communities instead of modifying them. All these have a common meaning; Kora Networks creates a wide infrastructure which is the most looked for by the developing communities.

Shortly, Kora Network is an ecosystem which is created in the frame of project, that provides several services in the area of financing with a very low cost comparing with the conventional services. In order to do this, Kora Network is established on the blockchain technology to be able to get benefits from all the opportunities offered by decentralization, including the cost that is relatively much lower and payment methods. So, even where there is no internet, users will be able to continue to be fed by services of Kora Network such as SMS / USSD that exist in regular mobiles.

The main goal of Kora Network is to come to gather the community within the ecosystem to ensure sustainability that will result in wealth for everyone. The Kora Network’s ecosystem will create e-fiat with the participation of users, suppliers, merchants, agencies and communities that will increase the value of networks. Detailed information about Kora Network can be reached on the following page;
https://kora.network/downloads/Kora_Vision_Paper_International.pdf

Kora Network Token, Team and Road Map

Kora Network’s token’s name is KNT. Owners of KNT will have a role within the KNT ecosystem, like voting for decisions or spending them as a commission on the transactions of the services offered.

KNT is an ERC20 utility token based on Ethereum. The KNT tokens are planned in division of four parts. The first is for the sale of tokens, a part is reserved for growth, another part is reserved for development and a special part for the team that works to meet all the plans.

The team is comprised of a very well selected people. All they are very well known in their specialty in the area of computing and investments.

The road map is in process as it is planned by the team that started in July 2017. The foreseen date of closure is end of 2019. Without any delay, all the actions and events according to the map are taken.