The evolution of the Gold Standard
With the new irruption of blockchain technology and payments through cryptocurrencies, it is clear that the economy has turned around and that blockchain technology and smart contracts have been quite a revolution. The idea now is to take advantage of this situation and this wealth to dedicate this economy and focus it on empowering customers and people to make it even more known and sustainable.
So far it has not been fully established and some people are skeptical both in this technology and in the way of interacting economically, especially due to the great volatility that this market has experienced since its inception and still endures. This does not make them entirely suitable for commercial exchange.
For this reason I would like to introduce you to a new project called Kinesis (https://kinesis.money/), a new Monetary System specifically designed to overcome these drawbacks by developing a decentralized, asset-backed and universally adopted monetary system.
Definition of the project
Going into detail, Kinesis (https://kinesis.money/) is a global trading services and digital asset platform that, based on gold and silver, is able to facilitate the trading, management and daily spending of cryptocurrencies. The idea is to create a fungible international monetary system capable of providing a solution to the previously described need and being able to give a payback to the participants of the ecosystem.
What the Kinesis platform does is to use a merge between physical gold and silver and a globally accessible debit card function called “VISA Kinesis” to facilitate instant low-cost transactions, so that all listed digital assets are immediately accessible for global payments. The peers that Kinesis will support at first are: BTC, ETH, LTC, USDT, fiat, gold (KAU) and silver (KAG).
Gold and silver: spend and save on digitized physical gold and silver.
Earn: Earn gold and silver just for using your account.
Debit Card: Spend gold, silver and cryptocurrencies worldwide.
Trust and security: make sure your gold and silver are safe through our smart contracts and blockchain-based technology.
Kinesis Monetary System
The Kinesis ecosystem is based on an all-in-one platform where users can manage their savings and spending from a single account. At the same time, it also allows to buy gold and silver instantly at industrial prices.
The Kinesis ecosystem is made up of:
- Kinesis Money platform: daily expense tracking system.
- Kinesis mobile app: global view of finances, allowing you to buy gold, silver and cryptocurrencies 24/7 and wherever you want. The app will allow you to manage your expenses and savings in real time, along with your investments, wherever you are.
- Kinesis VISA Card: This card allows you to spend gold, silver and cryptocurrencies instantly anywhere in the world.
Main benefits of the platform
No hidden fees: Any amount, sent at any time anywhere in the world will have a fixed fee of 0.45%.
Arrives in seconds: any gold and silver payment is settled in seconds.
No surcharges: the same cost is applied throughout the year.
Kinesis Money has developed a blockchain network optimizing on the basis of the Stellar network for the Kinesis forex suite. Stellar technology allows leveraging high transaction speeds and superior security, while adding unique functionality that allows delivering more value.
Within the Kinesis ecosystem, there will be two types of native digital tokens for instant bullion exchange within the platform. The digital assets will be based on one hand on physical gold (KAU) and on the other hand on silver (KAG). All Kinesis KAU and KAG are available for physical exchange.
The project gives the opportunity to earn KAU tokens performing some social media tasks and doing simple steps from the bounty program explained into the following Bitcointalk Thread here (https://bitcointalk.org/index.php?topic=5354659.0), where you can access the link in order to see what are the conditions to become an early Kinesis contributor and start acquiring tokens.
For more information about the project, you can visit and read their WhitePaper available here (https://kinesis.money/wp-content/uploads/2021/07/kinesis-whitepaper-en.pdf). You can also stay tuned in their official Telegram Channel (https://t.me/kinesismoney). I hope you liked the post and soon I’ll send you new ones.
It is clear that Kinesis is a solid project with a fairly large team capable of bringing forward this new improved system within the Stellar network. Kinesis has been able to create an efficient, secure, fair and incentivizing monetary system that combines decentralized blockchain technology with the oldest form of money to empower those skeptical thus far.
Social Media Links
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Kinesis Registered Email: email@example.com
Bitcointalk username: clauming
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1931300
ETH/BSC wallet: 0x91707502A8DFDC523f7a6f2c218cC9a52777d5ad
Bitcointalk Proof of Authentication link: https://bitcointalk.org/index.php?topic=5354659.msg57896112#msg57896112
Kinesis Monetary System was originally published in DataDrivenInvestor on Medium, where people are continuing the conversation by highlighting and responding to this story.