Bullion is a bulk quantity of precious metal, such as gold, silver,measured by weight and typically cast as bars.
The simple aim of buying bullion is to buy when prices are low and sell when prices are high. However life and the markets are never simple or easy to predict and rhis is where Kinesis comes in.
WHAT IS KINESIS?
To my understanding, kinesis is a
blockchain platform which in a unique way duplicates the basic methods of historic, asset-backed financial system.
Some of this asset-backed financial system is the bullion investment.
Kinesis embraces and enhances the gold standard of money with decentralized record keeping and takes on the needs of value storage with respect to monetary system of our current day.
KINESIS MONETARY SYSYEM
Kinesis, in its world changing mission, embraces
and rewards the use of its own currency, stimulating
the movement of capital, acting as a system that
encourages commerce and economic activity.
The primary elements of Kinesis are:
• Gold & Silver – Kinesis’ primary currencies are
backed 1:1 with allocated physical gold & silver,
the greatest stable and definable stores of value
for use in commercial and private transactions
and investment. Allocated means that full direct
title to the bullion used for the 1:1 backing of
KAU and KAG coins is allocated to the owner of
the respective coin.
• Yield - A perpetually recurring yield generated
from economic activity, not from debt-based
interest like fiat currency. Provides definable
value via Net Present Value (NPV) calculations
for use in commercial, institutional and retail
investment.
• Blockchain & Cryptocurrency Technology
- Enhanced by asset-backed currency and
multifaceted yield system.
Source: Kinesis White paper
BENEFITS OF HAVING A CURRENCY BACKED 1:1 BY GOLD OR SILVER:
Currencies backed by gold bullion thereby provides it with the same sense of stability and security like the bullion.
Information kept on gold unit backed by real gold acts as a records for proof of the gold units.
It also give protection against inflation and are convenient to store.
Other benefits includes: Asset-protection, Investment and Exchangeability.
KINESIS USE CASE:
Hanna, Which is a friend of mine is into real-estate which is an illiquid asset investment but wants to indulge in a liquid asset investment. She was introduced to bullion investment, instead of involving herself with this investment she rather decline because she wasnt convinced due to issues like; buying,storage and security of the bullion.
But things are different now since I introduced kinesis to her. She invested in bullion knowing kinesis will aid and guide her on the buying, storage and make sure it is well protected by by the intrisic security the blockchain provides.
More Information & Resources:
Kinesis.Money Website
Kinesis.Money WhitePaper
Kinesis.Money YouTube
Kinesis.Money Telegram
Kinesis.Money Linkedin
Kinesis.Money Github
Kinesis.Money Steemit
Kinesis.Money Bitcointalk
Kinesis.Money Medium
Kinesis.Money Twitter
To participate in the contest, click the link below:
https://steemit.com/crypto/@originalworks/980-steem-sponsored-writing-contest-kinesis
Here is my tweet link:
https://twitter.com/her4larbhi/status/1036254133924384768
- her4larbhi
kinesistwitter
kinesis2018