KitToken Platform: UTILITY, ORGANIC GROWTH, SHARING

Company: KitToken as "Natural Magnification Profit-Sharing Utility", is resolved to build up a currency cognate biological community in light of blockchain innovation. KitToken uses esteem exchange convention to accomplish the exchange of installments starting with one individual then onto the next on distributed premise. It likewise goes for building a decentralized stage for accomplishing more expeditious and snappier exchange rates. Current installment frameworks are having a considerable measure of disadvantages that should be refreshed and subsequently KitToken clear a path for inventive computerized multifarious installments.

Idea: KitToken is a self-overseeing money related framework with P2P exchange in view of open source stage called KitPay.

Using strategies:

Bridging the gap between merchant and users
To create a community of merchant and users; including goods and service providers,medical services,air travel and hospitality as well as educational services to accept KitToken as mode of payment worth 1.5 trillion.To create Malaysia’s first hybrid crypto wallet platform known as kitpay
Awareness and Recruitment
To create and promote awareness among KitToken holders through airdrop and incentive scheme.
To recruit 1 million regional KitToken holders and facilitate peer to peer money transfer worth 2.5 trillion
Profits and network expansion
To create unique high value projects which shall contribute to the kittoken owners’ earning worth 3 to 5% anually
To expand the network of users by branding and aggressive promotion.

Problems:

The payment processing industry is the largest target of hackers and phishers. Billions are lost each year because most of the existing financial systems are reliant on database reliant systems security that can be breached by brute force attacks. Millions of people lose money or their sensitive information is exposed to identity theft due to the inefficient system. Additionally transaction fee issue has also been looked into in facilitating the usability of secured digital payment system for the common people on the street.

Solution:

KitPay fills as a server that is included in the decentralized blockchain framework associated with settings. KitPay will allow clients to have a wallet that stores, exchanges and exchanges KitToken on every day of worldly monetary training. The KitToken holder benefits from additional usage and valuation for KitToken prices. Finally, by people from the Point of Stake (POS) Scheme, KitToken holders get a share of the profits from KitToken Inc.'s business training.

KitToken utilizes value transfer protocol to achieve the transfer of payments from one person to another on peer to peer basis. It also aims at building a decentralized platform for achieving faster and quicker transaction rates. Current payment systems are having a lot of drawbacks that needs to be updated and hence KitToken make way for innovative digital mobile payments.

KitPay works as centralized server within a decentralized blockchain infrastructure in a connected to network. KitPay will allow users to own a wallet which stores, transfer and trade KitToken in daily conventional economic activities. KitToken holders benefit from convenient utilization and appreciation of KitToken value. Ultimately, via a Point of Stake (POS) Scheme, KitToken holders receive profit sharing from KitToken business activities.

KitToken and KitPay is engendered on Ethereum blockchain (an ERC20 Token) and running on the fundamental Ethereum hub.

Features of a project:

Secure and definite environment
Connects merchants and individuals
Low fees,fast and reliable transactions
Sharing of profit among holders
Strong asset backed business activities
Self-governing technology and global remittance.

Team:

Mr. Amir Mohamed: Chief Executive Officer (CEO)
Mr. Khalid Abu Hassan: Senior Vice President Corporate Finance (SVP-CF)
Mr. Mohd Taufik Abdullah: Senior Vice President Business Development (SVP-BD)
Dr. SitiZaharah Ismail: Chief Strategy OfficerMs.
Nurul Ain Hassim: Chief Information Officer & Technical LeadMs.
Irma Mardiana Abu Rahim: Backend DeveloperMr.
Ahmad Faiz Amir: Lead ProgrammerMs.
Siti Salbiah Nur Hussin: Blockchain Integration Manager
Dr. Wan Asiah Wan Adnan: Project ManagerMaj (R)
Rusydi Noh Ramli: Operation Manager.

Roadmap: