Brief about Kabn Project.
KABN, an integrated financial service platform offering neo banking type solutions, has received approval by Visa to launch its crypto-linked card and banking wallet program. KABN has partnered with Transact Payments Ltd, a European e-money institution and Principal Member of Visa, global processor GPS and platform technology provider Pannovate to launch the program in the UK and subsequently the EEA in the 2nd quarter of the year.
The key is an identity verification tool powered by the blockchain. It incorporates Blockchain-based dynamic multi-dimension identification . to help authenticate that somebody is who they are claiming to be. This level of authentication is in lockstep with what government agencies require. Advantages of this level of security and identity management technology, KABN team states, is lower cost, more reliable results, and better user experience.
KABN is an e-commerce payments and ID platform. It stores your personal and payment data securely in the blockchain, so you never have to share it with anyone – not even KABN . That means no more data breaches – because companies don’t have to store your data. So you can use services and make payments without worrying about your privacy and security. KABN supports internationally recognized documents for Know Your Customer (KYC) regulations. In addition, for issuers of private or early stage assets, KABN provides qualification for investors in the United States and Canada, and source of wealth verification for investors in Europe. To date, KABN has screened individuals in the following countries: Armenia, Australia, Bangladesh, Belarus, Canada, Ecuador, Hong Kong, India, Indonesia, Ireland, Latvia, Malaysia, Nigeria, Philippines, Romania, Russian Federation, Sri Lanka, Thailand, Turkey, Ukraine, United Kingdom of Great Britain and Northern Ireland, United States of America and Vietnam. Other countries will be added as they come on board.
Branded the Pegasus Flyte Visa card, the KABN card program offers an “on/off ramp” conversion process for a variety of cryptocurrencies to fiat together with multi-currency fiat transactions. Cardholders will be able to use their Pegasus Flyte Visa cards to spend in-store, online, and at ATMs wherever Visa is accepted globally. The Pegasus Flyte program will also offer a robust loyalty and customer engagement platform. The anchor of the program is KABN ID, a Blockchain and biometrically-based, “Always On” validation and verification process. This patent-pending, GDPR compliant process allows for efficient and frictionless customer acquisition and onboarding.
It is quite hard to spend crypto coins on physical goods and services. This has been the major downside to digital assets. It also reduces its stake at getting more adoptions. The current means of accessing crypto funds is loading the assets to debit cards using third-party platforms, such as Cryptopay and BitPay.
A Neo-Banking-Inspired Loyalty Program
It is on this premise that KABN brings forth its Neo-Bank approach. The approach entails returning some dividends to users in forms of reduced cost of transactions and loyalty programs. In this case, KABN HASH, which is the platform’s reward mechanism, redistributes rewards to end-users.
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Token details
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KABN in the News
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The project is ideal and understandable for everyone. good luck to everyone, Good news and great partnerships keep coming from the great team of society is here to support such successful campaign and ICO process. Keen on such huge and strong partnership like polymath network will give it a strong stand and inevitable blockchain pace with long popularity in crypto world.
More Details:-
Website : https://www.kabntoken.com
WhitePaper: https://www.kabntoken.com/wp-content/uploads/2019/03/KABN-Company-Overview-Summary-V1.2.pdf
Medium : https://medium.com/@KABN
Twitter : https://twitter.com/KABNNETWORK
Telegram : https://t.me/kabn_network
LinkedIn : https://www.linkedin.com/company/kabn/
Bounty0x:- pinku007
- **Disclaimer:- * Before you start to invest in this project, Pls. read the whitepaper and all other information carefully.