PRELIMINARY
First I’ll give a brief explanation of what digital asset mostly called cryptocurrency means, a digital asset is any text or media which was configured into a binary source with an added right to use it. Satoshi Nakamoto created the very first digital asset known to man called bitcoin cryptocurrencies to make use of an encryption protocol that pedals the generation of units and authenticates the transfer of digital assets in a matter of seconds, unlike the traditional banking which can take days sometimes months to deliver. Traditional banking payment methods are faced with various problems which include a long transfer time frame, charge-back fraud amongst others.
The advantages of using cryptocurrencies are numerous but I’ll mention a few as we proceed, adopting the blockchain technology is very necessary but one problem is that the old and elderly who do not have a high level of education might find it very difficult to maximize its usage. Not forgetting the children and youths who might have access to functioning mobile phones, laptops or internet connections to send and receive digital assets.
INTRODUCING KARTIY MULTIPURPOSE DIGITAL WALLET
#kartiy was invented to provide a safe, comfortable and transparent environment for cryptocurrency users to trade without the complexities they face in their everyday trading lives. Kartiy is a safe haven where buyers meet sellers to exchange digital assets in a secured platform. The exchange was built to decipher tasks given, send and receive digital assets in generated wallets, choose which blockchain explorer to use when confirming sent or received assets, safe keeping of private keys, import digital assets using the private key of various setups. Karity multi-crypto wallet eradicates the need for an intermediary (third party) which often results in a high rate of fraud cases and exorbitant charges users face when buying or selling digital assets. Both parties involved in a trade on the kartiy platform has no choice but to honor all deals till the end, by so doing a transparent deal is closed leaving both buyer and seller satisfied.
#kartiy wallet was created to store a vast range of digital assets, it is a convenient way of housing FIAT (government issued currency.) as well. The integrated software allows users from anywhere in the world have unlimited access to multiple functionalities of the #karity world. Users can hold, send, receive and transfer funds from their local bank accounts without any hassle. The kartiy team members hired top security agencies who are leading in the industry to run checks on a regular basis to ensure the safety of users funds to avoid unauthorized account access. The most important thing is that user’s funds are safe hence the trust and absolute reliability will be there, users will rest assured that their funds are safe with #kartiy.
KARTIY TOKEN (KRTY)
#krty is an erc-20 compliant token built on the ethereum smart contract (blockchain), Krty is the acronym for #kartiycoin, and this utility token will fuel kartiy ecosystem. It will serve as the fuel of the platform which can be used to pay for services rendered and transaction fees. No other coin will ever be minted, mined or created to preserve the value of the coin. Krty is already listed on #bitbox and #crypto.com, instant price analysis can be gotten from #coingecko as well. Another exchange listing will be announced soon to enhance liquidity and for a larger community to get acquainted with it.
KARTIY WALLET SOFTWARE DEVELOPMENT KIT (SDK)
Kartiy created their sdk in a way that third-party developers can concentrate more on working on what’s best for the market and the important thing it needs, Karity sdk was built to do heavy lifting which will provide developers time in creating friendly user interface without the need to worry ways to make it happen, Kartiy got them covered.
Developing applications integrated with the blockchain technology is time consuming, consumes millions of dollars and it will take extremely skilled high-end blockchain developers to create a good application which can be discouraging and exhausting for them but kartiy has made a protocol that will be available for integration for interested developers, they will be able to develop good applications that works with Kartiy DOB (distributed order book) and kartiy swap code. Organizations or companies that want to develop a well-designed application to manage digital assets with kartiy can do so easily and developers sdk will run smoothly with kartiy without having to deal with complicated protocols.
FEATURES OF KARTIY
★ PRIVATE KEYS: This is a secret alphanumeric code that is used to protect funds of users, this code is given upon downloading the mobile or desktop application. This allows users to have full and absolute control of their funds. Users should be careful with their private keys, and it should be written down and not saved to the cloud so they don’t lose their assets, keeping private keys online is not safe. Users should be careful with their private keys, and it should be written down and not saved to the cloud so they don’t lose their assets, keeping private keys online is not safe. The best way is the traditional method (the use of paper and pen).
★ ADDRESSES: This is provided at no cost to users, it is used when sending or receiving assets on the blockchain, it contains a 40 digit long alphanumeric characters which sometimes start with an 0x (ethereum blockchain).
★ SIMPLIFIED PAYMENT VERIFICATION: It verifies transactions incorporated in a particular block without the need to download the complete block.
★ MAKERS & TAKERS: Market makers are those individuals that place orders and wait for them to be filled and once this happens, they are charged makers fee while market takers are those individuals that accept prices in the current market and are charged with takers fee when their orders filled.
★ TRADES: This is the buying and selling of a wide range of digital assets on the platform, a buyer pays a seller for the asset bought and the seller receives an incentive for the assets sold.
★ MARKET PRICE: This is the price at which a digital asset is either bought or sold at the current market rate, customers don’t need to queue and wait for their orders to fill, this is also known as instant buy or sell.
★ LIMIT PRICE: Customers stay in the queue and wait patiently for their orders to fill so they can either buy or sell digital assets.
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