The blockchain will be a key technology on the path to a better financial system. the blockchain, holds enormous promise. It represents a new way of organising people and institutions digitally which may help solve major development challenges like financial inclusion.
According to World Bank Group’s Douglas Pearce, there are 2 Billion adults in our worldwide society who don’t have bank accounts. That staggering sum represents the “unbanked”; people without access to transaction accounts.
Some of the reason for having 2 billion unbanked people are;
There is little opportunity for existing financial institutions
The economics of traditional banking result in prohibitive prices
Lack of identification documents
Introducing Kora
The Kora Network will be a platform that provides people, merchants, organisations, and other financial bodies to provide financial services in a cheaper, faster, and profitable way with the ability to reach Users worldwide.
The Kora Network is built on four layers of infrastructure to provide a low cost, universal access financial services platform accessible via SMS/USSD or via a mobile app, enabled by blockchain technology.
By drastically reducing the cost and time required to provide financial services, and drawing a diverse set of stakeholders into an interoperable network, it will unlock the Long Tail of the global economy, benefiting populations most in need and enriching the global economy by unlocking the capital, intellect, and creativity of the underserved.
Kora will be operated with crypto money created with the symbol KNT (Kora Network Token).
This token will be used in operations to secure and manage the cost of access to the Kora Network.
Token Symbol: KNT
Platform: Ethereum
Type: ERC-20
Price: ICO 1 KNT = 0.10 USD
Token for sale Quantity: 339.753.302
Hard cap: 24,000,000
Accepted currency: ETH
Minimum Investment Amount: 5000 USD
TOKEN SALE
KORA presale is in February and public sale is starting in March 2018.
45% of total supply reserved for the token sale fund raise.
Crowdsale Data
MAIN SALE :: Mar 19, 2018 — Apr 18, 2018
Goal =15 000 000 USD
Cap = 20 000 000 USD
PRE-SALE :: Feb, 2018 — Mar, 2018
Goal = 3 000 000 USD
Cap = 3 000 000 USD
Prices :: from Feb 19, 2018 till Mar 18, 2018–1 KNT = 0.1 USD
Be a part of this tremendous project and kindly follow these links for more information;
Website: https://www.kora.network/
Whitepaper: https://kora.network/downloads/Kora%20White%20Paper.pdf
Telegram: https://t.me/kora_network
Twitter: https://twitter.com/Kora_Network
Facebook: https://www.facebook.com/thekoranetwork
Reddit: https://www.reddit.com/r/koranetwork
Medium: https://medium.com/@KoraNetwork
Github: https://github.com/koranetwork
Bounty program: bountyhive.io/join/Kora Network
Author bpuntyhive name : wimalsir