KONIOS EXCHANGE PLATFORM- making crypto exhange easy to access and ...

INTRODUCTION
Digital currencies are the new dimension in the world’s financial system and these digital currencies are called cryptocurrencies. Cryptocurrencies began with Bitcoin in 2009, created by Satoshi Nakamoto. The general idea behind Satoshi’s creation of bitcoin was to develop a currency that operates on a decentralized platform where funds can be sent from any part of the world or received at any part of the world with fewer difficulties and charges associated with the transactions made. Since the creation of bitcoin, there has been the creation of about hundreds of digital currencies or cryptocurrencies such as Ethereum, Dash, Bitcoin Cash, Stellar etc.
From 2009 to 2108, cryptocurrencies is one of the fast-growing sectors of the world’s financial system with about billions of people living in this new era of technological advancement either buying or selling cryptocurrencies for other cryptocurrencies. These activities of people buying and selling are mostly done on an exchange platform. Cryptocurrency exchange platforms are online portals that allow people who are into cryptocurrencies to exchange their digital currency (cryptocurrency) for another one or even a fiat currency depending upon the type of exchange. These exchange platforms operate similarly like banks but the difference between the bank and exchange platforms is that exchange platforms operate on a decentralized system where people trade directly with each other with lesser charges but the bank operates on a centralized platform where there is some kind of central authority controlling the amount of funds received or sent. Some of these exchange platforms present themselves with quiet similar problems or challenges. The most seen challenge is how most exchange platforms present itself. They are mostly not user friendly in term of display presentation and how it operates. With such challenge, Konios project was created to close and break this gap. The Konios project focuses on presenting a decentralized exchange platform with the mission to build an easy to use cryptocurrency exchange that addresses the needs of crypto traders regardless of their skills and knowledge about cryptocurrency exchange.

The team behind the Konios exchange platform project have been developing and programming the Konios platform since November 2017 to enable all crypto enthusiasts and lovers worldwide to enter the crypto world with cash.

Konios Exchange Platform
Konios Exchange Platform is a decentralized exchange platform will be based on the ethereum blockchain with the vision to bridge the gap that exists between retail crypto consumers and cryptocurrency with the aim to allow mass adoption of cryptocurrencies. This platform will focus on creating an easy solution for people who want to invest in cryptocurrencies. Konios platform will be built up of five security keys and exchanges are done face to face with the other user on the platform.

What makes Konios Exchange Platform Different?
In order to keep transactions secure with low fees, Konios presents its own blockchain which validates and registers all transactions and activities within the Konios platform. With smart contracts on the platform, this monitors and checks the transactions within the platform. Another additional sector of the Konios exchange platform is the reward system. The reward system of the Konios platform will be benefited by the active users of the platform. They will be reward with the Konios token.

Key Parts of Konios Exchange platform
In order to make people in the world appropriate trading on Konios exchange platform, the platform is made of key parts which will enhance the way people will trade on the platform. These key parts of Konios Exchange platform are classified into five compartments, basically; The Konios platform, Konios trading, Konios data, Konios blockchain, and Konios wallet.

Konios Platform
Konios will present an exchange platform which focuses on face to face transactions of cash to cryptocurrency, more secured and anonymity which is highly assured. It will also provide a marketplace where it is easier to buy and sell commercial goods and services with either cash or cryptocurrencies. The platform will also support the exchange of other cryptocurrencies for another. The Konios exchange platform will be easily accessible on a smartphone, meaning you can easily transact or trade on this platform using your phone anywhere you find yourself, all you just need is an internet connection.

Konios Trading
Trading on the Konios platform will not need any complicated technique before you can make anything. You will just require a simple procedure and an integrated analysis tool which will display the desired parameters. This platform is designed in a way that shows everyone the necessary predictions and visualizes trends. Relevant information on the internet relating to the crypto world will be provided on the platform, and this information can be customized as desired.

Konios Data, Blockchain and Konios Wallet

Blockchain technology has made it possible for the team behind the development of the Konios exchange Platform to integrate this technology to validate every transaction made within the Konios platform. This transaction process will be performed anonymously via in-house smart contracts and will be implemented with an unchangeable decentralized condition. All data of the Konios platform and Konios trading will be provided to users as API or Excel which they will be able to download free of charge. Konios platform provides users with the Konios wallet which can use both on the platform and externally to keep their Konios token (KON).

CONCLUSION
Looking at how cryptocurrency is taking over the world’s financial system, most of the global population in cryptocurrency lacks the platform where people can participate and be part of the crypto world without a bank. This hurdle excludes a lot of people who want to join the crypto world. The Konios project is dedicated bringing as many people into the crypto boat. The introduction of the Konios exchange Platform will ensure an anonymous and a secure face to face transaction without revealing one’s personal data. The Konios exchange platform aims to eliminate the astronomical exchange fees fa or simple transaction and provide a solid and secure basis for conducting transactions on the platform with the help of a uniform exchange principle. This will allow non-crypto professionals and individuals worldwide to exchange their cash with other users. This will motivate buyers to hold or trade in cryptocurrencies.

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