✅The number of digital assets is ever increasing with new blockchain applications coming into play. However, the main digital assets that are being used by a greater part of the population include Bitcoin and Ethereum. These two are probably the most synonymous digital assets that are widely recognized. For example, Bitcoin has penetrated even into third-world markets such as Tanzania and Kenya. With the use of digital assets on the rise, there is a need to have a convenient way to trade with them. Kcash is stepping in to provide the best solution to trading with digital assets in the real world.
Digital Asset Uses in The Real World
✅It would be a worthless endeavor trading in digital assets if they have no use in the real world. However, the current systems that are available for use are outdated and tedious giving Kcash the opportunity to present the market with a practical option.
Kcash is coming in as the best option for users who hold multiple digital assets and would want to trade with them in the real world. It is currently the second largest wallet in the world and the first multi-chain wallet in the world. The inconveniences that are currently being experienced such as the need to have multiple wallets for multiple digital assets will become a thing of the past while using Kcash as your payment option. The trade and conversion of digital assets via the Kcash platform is going to be as simple as a few taps on a screen. With the penetration of smartphones, the use of Kcash is even going to be more convenient.
Kcash is supported by a high-performance, robust blockchain that will ensure safety and security during transactions using the Kcash platform. Its blockchain known as the Kchain is specifically designed to allow enterprises and individuals a peace of mind as it deals with the issue, exchange and value transfer of digital currency without any worrying hassle. Users are left to mind other issues in their business while Kcash takes care of the transactions.
✅Kcash also comes in convenient options for users which are similar to those offered by bank accounts to give users a familiar feel while using Kcash. Kcash is partnering with some of the major players in the banking and card issue sector so that they can issue cryptocurrency users to Kcash users. Those who would like to enjoy the convenience of Kcash can apply for the cards via the Kcash platform to receive either a virtual or physical card depending on their own choice. Users will the be able to use these cards for their online and offline shopping while still having the convenience of withdrawing fiat from various ATMs around the world as a result of the exchange service that will also be provided by Kcash. Kcash will make digital currency practical in the real world.
Huobi Listing
✅Huobi Pro is looking to grow the cryptocurrency and cryptoasset network by supporting the growth of promising projects and platforms such as Kcash. Kcash is among the platforms that are set to be listed on the HADAX platform as part of the Huobi Ecological Zone strategy. The listing of KCash is set for 16th July, 2018 trading in KCash/HT pair starting from 1600hrs (GMT +8). You can follow Kcash’s listing as it unfolds and its subsequent performance by signing up to Huobi Pro
As the first multi-chain wallet in China, #KCASH will be launch on #Hadax #HuobiEcological Zone. Kcash wallet has 1 million registered users in the world, asset stored in wallet has been more than 6 billion RMB, supports 8 mainstream public chains, supports ten thousands tokens. https://t.co/ugK8FLfmK9
Kcash (@Kcashofficial) July 13, 2018
Practicality in The Digital Asset Market Place
✅There has been progress in the digital asset marketspace with more innovations coming up to try and integrate the use of digital assets in the real world. However, though the progress is there, its pace is not as fast as it should be. More people are getting into the digital asset market space, trading daily in amounts surpassing hundreds of millions of dollars. The value of the digital asset market space is into the region of billions of US dollars! The value that these digital assets hold can however only be seen when users can use these assets to purchase items in the real world. The real-world value of digital assets is what would make sense to the mainstream target market, in fact, it’s the only thing that would make sense, after all, people are trading in the hope that digital assets will increase in value so that they can have more to spend now and in the future.
✅Through the convenience of making purchases both online and offline, there is likely going to be an increase in demand for digital assets overtime. For investors, this has to be great news because as the demand rises, the value of digital assets also goes up and they can watch their value grow or make quick gains out of the increase in value. The exchange services offered by Kcash also translates to better liquidity for those holding digital assets. With the partnership that Kcash is making with some of the big industry players in the fiat market, it can be safe to assume that conversion from digital to fiat currency will be more readily available and far more convenient. Better liquidity would be advantageous for most investors as they could easily recover investments made in digital assets whenever they would want to.
Ultimately, the quick acceptance and use of digital assets is what would make the digital asset market grow. By bringing in practicality into the digital asset marketspace, Kcash is clearing a path that others may follow in its suite. Change is difficult for most consumers but by providing a familiarity in use through ATM cards and convenience through exchanges, Kcash’s platform is likely to encourage more users into the digital marketspace.
Providing Solutions
✅The digital asset market has been plagued with practices that have hindered its progress over the years. Through Kcash, the digital asset market space is likely to flourish. Here are some of the problems Kcash is combating:
➡️Inconvenience of cryptocurrency management especially on those who may be new in the digital marketspace. With Kcash, all one would require is an account with them which can hold multiple digital currencies while providing exchange services. Furthermore, liquidation of digital currencies is also easier using Kcash.
➡️In the current digital asset marketspace set up, there is a high threshold set for individuals who would want to trade in digital assets. First time users have a lot to learn before they can easily navigate through the digital asset marketspace. This is likely to dishearten those who may want a smooth experience with digital assets therefore reducing the uptake of digital assets by the mainstream market. The ease of use of the Kcash platform and the similarities it brings from the fiat marketspace is likely to eradicate these challenges by making it easier for first time users to easily trade in and trade with digital assets.
➡️Outdated blockchain design themes which lead to high power consumption and generally poor services. The POS and POW systems are proving to be inefficient for both miners and the blockchain. The need for scalability to cater for the number of transactions likely to go through in a day is also increasing. Kcash is addressing this issue through Kchain, its tailor-made block that is essential for the services Kcash is providing.
These solutions are set to make it easier for people to operate digital assets using Kcash.
Kcash Innovations
✅Kcash has a number of innovative features that make it stand out in the blockchain sphere. These include:
➡️Kcash employs the use of zero knowledge technology achieving cross-chain and cross-contact technology with it. Basically, while using KCash, transactions can be made between to parties with anonymity and with no need of any hard evidence needed to show that conditions of the transaction has been met.
➡️Kcash uses Ring Topology Hub technology in its platform. This is essential in ensuring that digital asset terminals achieve single key cross-chain and transformation. The advantages of this technology may not be seen in as scenario where the node is small and the transaction distance is small, however, as the node multiplies and the distance increases, its advantages will be clearly seen.
All of KCash’s technology are geared towards making the platform suitable for cross-chain transactions. User convenience is also taken into account by KCash through its various features.
Huobi Ecological Zone
The Huobi group has been carrying out active investments in various promising and performing blockchain platforms around the world. Through the Huobi Global Ecosystem Fund, a number of blockchain enterprises have benefited from Huobi group. HADAX recently launched the Huobi Ecological Zone to create a strong bond and synergy between the eco partners of Huobi and Huobi. Huobi tokens and the eco system sub are at the core of this bond. Through this synergy, HT token holders are likely to benefit from the investments that Huobi has made in various blockchain enterprises through its ecosystem.
KCash is also going to be a beneficiary of the Huobi Ecological Zone as it is set to receive funding from Huobi group. This is likely to increase the development and penetration of KCash in the digital asset marketspace ultimately resulting in a growth of the platform. The listing of KCash on Huobi Ecological Zone and subsequent trading in KCash/HT pair is also likely to increase the value of KCash as more players become aware of the existence of KCash. You can follow on this development and more between Huobi and KCash through this link.
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