Kora Network - the platform of the future
Most of the countries access to financial services uneven, and in some cases generally inaccessible. The reason for this is the following barriers:
• The cost of maintenance and many banks charge huge commissions from their customers;
• absence of documents confirming their identity;
• The level of financial development is very low, many people make reckless decisions in obtaining loans, which subsequently become unprofitable for them.
This is only a small part of the existing difficulties. Many organizations try to fight them, but only the Kora ecosystem is ready to offer an effective solution. Kora.network analyzes the shortcomings of the existing system and comes up with a revolutionary project. The Kora Network project was created to solve these problems by providing low-cost financial services using Blockchain technology. Using a smartphone or via SMS / USSD, anyone can access the banking system.
What Kora will offer
Identity Issues;
Banks require a large number of documents, especially identity, to involve individuals in the existing financial system, pushing people out of the banking and financial system. Kora.network allows people to be included in the KorA.Network system without showing any documents in an easy, detailed system
Lack of technological infrastructure
Nowadays, we do most of our banking transactions comfortably with our smartphones. In many world countries we know that there are people who do not even have a smartphone connected to the internet. Kora.network is working to eliminate this shortcoming, allowing people to transfer money with messages only.
Lack of financial information
Today, we need ATM, bank card, internet connection to finalize our financial transactions. Understanding this system is very confusing for most people, and because they do not feel secure and do not know how to manage their money, they become members of their pyramidal gain systems and lose their savings. Kora.network aims to reach everybody thanks to its easily accessible infrastructure.
High Fees
In order for a bank to continue its services, it is necessary to open a branch, staff personnel and open ATMs. These also return to customers as high wages, interruptions, and interest rates. Kora is reflected in their low transfer fees as their service costs are low.
Advantages of KORA
⦁ Everyone who wants to join the Kora network can become a user. For each, the regulatory framework corresponding to his country of residence will be observed.
⦁ Service providers will be able to provide users with access to financial services within the Kora network and are responsible for compliance. Using the Kora network, they connect to the turnkey platform, gaining access to the new market and the White Label client interface using tools such as ZKK (Know Your Customer).
⦁ Cash outlets will be converted between eFiat and "physical" cash to collect commissions.
The Kora project is aimed at empowering existing communities instead of pushing them out. The population is already provided with special financial services when they join the Kora network. It can also be used for the following associations:
Token Sales Information
The target amount from the sale of domestic coins is 24 million US dollars. The stage of the sale of currencies will take place in two phases, a preliminary and public stage. The first passes now and last until March 25, 2018 (1 KNT = 0.07 USD) . The minimum investment amount in this phase was $ 5,000. The main stage of sales will start on March 26, 2018 and end on April 25 this year (1 KNT = 0.1 USD) . During this stage, the minimum investment is 500 USD, but the maximum for one person is $ 1 million. All unrealized coins will be destroyed, without the possibility of restoration. Go to the official website of the company, so as not to miss your chance to become a successful investor.
Creation team
During the development of the platform, many professional persons participated, who have many years of experience in the field of digital technologies. The main people are the following:
• Dickson Nsofor is the chief manager and founder of the project, conducts successful business activities and at the same time conducts training courses for young professionals. Implemented a lot of profitable start-ups, today actively engaged in the development of the Kora system.
• Maomao Hu - co-founder and main adviser, is the founder of the international company Capital Market, is actively developing developments in the field of artificial intelligence.
This is only the founders of the project, with the composition of the entire team can be found on the official website. There is also the opportunity to register and become a full participant in the ecosystem.
Resources you can reach Kora Network
Web Site: https://kora.network
Blog Page: https://medium.com/kora-network
Twitter: https://twitter.com/Kora_Network
Reddit: https://www.reddit.com/r/KoraNetwork/
Telegram: https://t.me/kora_network
Github: https://github.com/koranetwork
bountyhive user name - udeshika
Bounty Page: https://bountyhive.io/browse/Kora%20Network