The world is at the threshold of Web 3.0. The coming on stream of web 3.0 will require more trustworthy information of persons and institutions you are dealing with online. In November of 2017, a project to make online interactions more trusted was launched. This is the story of Kaola’s life.
Koala life is a decentralized application designed to give support by way of completion of person to person credit connection, people to institution connection, and people to assets connection. The focus is to promote an environment of trust via profit viability and verification using the blockchain. Simply put, koala life is the passport and key connector of future life, determining to a one-stop decentralized service to reconstruct credit life. The credibility of information will be key in the next generation web applications, especially in the decentralized environment.
To get the best of this Koala life app, the system is developed into an ecosystem comprising Data mining, credit lending, financial services, game quiz, marriage and dating, koala mall.
Between November 2017 and September, Koala life has achieved mile stones on its’ roadmap. In June 2018, Koala life completed the research and development of the koala’s life Dapp. In August 2018, a major aspect of the ecosystem was opened. The credit section of the dApp has gone into use. These are notable expressions that the project is on course.
Let’s take a peep at the ecosystem one by one.
Data mining: Koala life is going to encourage users with rewards based on the proof of value (POV) system. The POV is Koala’s Life way to encourage users to carry out more valuable behaviors and more comprehensive authorization to authenticate personal information and data through data mining, thus helping to better construct portraits and build a trust ecosystem.
Credit Lending: The Koala life platform will enhance the credit lending because it is Based on the characteristics of blockchain not tampering, mixed consistency, and self-management, combined with the trust ecosystem of Koala’s Life, it reshapes the user's true uniqueness. All information of the applicants is verifiable and immutable.
Financial system: Koala’s life platform provides a basis for information integration between borrowers and lenders. With the Koala life platform, borrowing users will be able to leverage on the information to set their own interest rates and borrowing amounts on the platform. The section of the platform will enable interested persons to bid for services within 24 hours. The platform will link both parties to the transaction with secure information of both users.
Game Guessing and Quiz: Gaming applications are gaining popularity among online users is recent time. The gaming environment requires high level trusted information. Koala life has made a lot of improvement on the trust ecosystem. This has brought increase and active users to the platform, hence Koala’s Life will launch a series of blockchain games such as hot games, competitive quiz, and quiz, using the prophecy mechanism to provide fair protection for all kinds of the game quiz.
Koala wallet: The Koala life wallet is tagged as stop shop wallet because of the versatility. It provides users with high quality products and services and it also has a mobile version. Users can store multiple assets and also performs multiple functions. With Koala life wallet, you can send and receive tokens, manage transactions and transfer money in record speed. Most of all, the wallet is verily secure with a perfect disaster control mechanism.
All of the above mentioned and others are encompassed in the Koala credit ecosystem. This ecosystem encompasses credit loan, data mining, financial services, game guessing, dating and, communication system, koala mall, and offline certification. The developers have envisioned growth in the future and have therefore kept an open end node for the integration of new products and services in due time.
Token information
KALC is the symbol of the Koala life token. The total issue of the KALC is maxed at 1,000,000,000. It is built on the Ethereum protocol. It will apply on the IPFS system, viewed as the internet subsystem. 1 KALC = $0.04. The ICO starts on September 3rd, 2018.
You can get more information by following the links below.
Website: http://kalc.io/index1.html
Social media: https://www.twitter.com/KALCofficial, https://t.me/kalcofficialgroup, https://www.facebook.com/KALC-217367935631867, https://medium.com/@KALCofficial
In addition to the social media, you can get more insight into the various projects through the white paper.
Article written by: Madighi Ibem
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