One of the biggest obstacles people find when it comes to accessing financial services today is believed to be lack of having credit history(credit identity) which has left many people unbanked. And from the latest UN statistics its estimated that there are about 2.5 billion unbanked people in the world that cant access financial services from a bank as they might not have any formal credit history which forces them to use informal methods like getting financing from friends and family or loan sharks even in cases of emergencies which also leaves them paying high interest rates.
With all these problems at their door steps we have seen one blockchain startup that goes by KORA that will be building a robust financial service infrastructure to give people the financial access the long for. The Kora Network is built on four fundamental functions i.e:
- Identity-Users will be given a financial identity and be able to prove who they are and the validity of their activities.
- Secure Storage-Users will be able to protect their money from being stolen or devalued.
- Money Transfer-Users will be able to transfer money to each other fast and securely .
- Marketplaces-Users will have access to designated places to exchange money for goods, services, and capital.
The kora project is a simple and yet effective project that I believe will succeed! To learn more about KORA network visit https://www.kora.network/index.html
For this project to to be developed it needs financial support just like any other project starts from a great idea, so to support the Kora network project you can participate in its token sale which opens its doors to interested investors on the 23rd of APRIL 2018 for those that missed a successful pre-sale, act now before tokens hit an exchange at a premium price .
Join KORA on its mission to alleviate billions of people around the world from extreme poverty.
To learn more about KORA network visit https://www.kora.network/index.html and join the chat on Telegram to learn more about the project. Remember to take time to read the WhitePaper and visit other channels available, for anything else in connection with the project visit the links below.
► Website : https://www.kora.network/index.html
► Whitepaper : https://www.kora.network/whitepaper.html
►Youtube :https://www.youtube.com/channel/UCp24kLWExAATS0NRQ6BV6Pg
► Medium : https://medium.com/kora-network
► Twitter : https://twitter.com/Kora_Network
► Telegram : https://t.me/kora_network
► Reddit : https://www.reddit.com/r/koranetwork
► Bitcointalk Announcement : https://bitcointalk.org/index.php?topic=2791849.0
Author: crypto1010
BitcoinTalk Profile: https://bitcointalk.org/index.php?action=profile;u=923186
bountyhive.io/join/Kora%20Network?from=cryptoioio
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Disclaimer: This article is for educational purposes only and does not provide any form of financial or investment advice. The reader is aware that there are always risks involved in dealing with any blockchain and cryptocurrency assets, my advice do your due diligence before investing in these crypto projects.