Kinesis coins are a representation of physical precious metals which back up cryptocurrency. Kinesis is basically a process of transformation of physical gold and silver into a digital currency by purchasing physical bullion and converting the same to digital gold (KAU) or digital silver (KAG), by using Kinesis technology. This system was founded by ABX, which is a world’s leading electronic exchange for precious metals.
Let us probe into the benefits of Kinesis:
- By digitalizing physical bullion, Kinesis allows users to spend and transact with precious metals.
- It is a stable store of value.
- It provides an alternate financial network and marketplace, for upward stability of bullion.
- It proves as quite a safe investment for investors as nothing can be more trusted and stable than precious metals.
- They can be stored at multiple locations all over the world.
- It can be viewed as an attractive option for crypto investors as it comes up with a credit card for transacting the digitalized bullion quite easily.
- It is operate by skillful, professional and knowledgeable team having a rich experience of 7+ years.
- Kinesis is not only a safe but quite a user friendly platform for customers.
Kinesis is every now and then entering into partnerships with multiple organizations to increase its potential, reach and benefit people across the globe. Some of the emerging developments of Kinesis are as under mentioned:
- Appointment of global business leader Shane Morand to Advisory Board – This is embedded with a vision to add significant value to Kinesis and its progress for expansion as Shane Morand has a rich and long years of experience of working with entrepreneurs.
- Mobile application – In collaboration with e-commerce and financial technology companies, a branded mobile application for trading of gold is being introduced to make trading more handy.
- CoolBitX technology – It is a credit card sized hardware wallet, which can safely fit in the users pocket, which is water proof, and a secure, innovative and convenient cold storage.
- Listing of Kinesis on deal platform seriesone.com – This will prove as an excellent way to drive innovation, improvising methods, services and technology. As an add on service, it is an exceptional, fully customer oriented facility.
- Partnership with US based healthcare platform – Through this alliance, an extra facility can be availed as this will enable reward payments to those transacting in digital currencies
Thus, we see that Kinesis currencies are emerging as an effective and successful monetary system with huge promises for 2020. In the modern scenario, it is being considered as a highly stable form of investment with longevity and protection.
