KABN Token - A Suite of Financial Services That Starts With Blockchain Identity

Ever wonder why the mass adoption of blockchain technology is too slow compared to it's potential upside to the world and technical development? Many experts say blockchain could be the best solution to replace existing trouble with tradition fiat system. However, it still seems pending because people cannot use cryptos anywhere they want, they still need fiat. So, until we found a solution for crypto banking, the adoption won't happen. now what I meant about "crypto banking" is something similar to Visa or Mastercard but with cryptocurrency, something similar to PayPal but with decentralization, that's how we could proceed to get the blessings of blockchain. This is where "The KABN Network" introduced himself as an integrated suite of financial services that could lead us to potential mass adoption of blockchain.

The KABN Network

The KABN Network is an easy to use crypto financial service that allows users to use an approved crypto-linked Visa card, almost in every online and physical store where Visa is accepted. Moreover, KABN is a multi-currency wallet where KABN KASH is the primary currency but other supported currency can be used. Additionally, users can earn loyalty rewards for engagement program. As KABN works as a financial mediator, it requires to comply with GDPR rules and KABN is always on it. With the KABN ID service, it always monitoring the proof of identity online and therefore both consumers and providers can stay safe in the marketplace.

KABN Token

The KABN aims to create an increased adoption of cryptocurrencies with a secure way to spend cryptos, therefore they created KABN token. It is the primary token for KABN network and used for various purposes like a service payment and loyalty rewards. KABN's idea to use cryptographic in a way to fiat alternatives can solve many existing problems current crypto-fiat exchanges facing. KABN token solving the identity issue in different markets by tackling everything inbound needed for a KYC. Using KABN token, consumers stay safe without revealing identity to third-party business while complying with KABN network id verification. The KABN Token is backed by equities in the company. They planned to sale tokens via STO services in leading global exchanges.

KABN Network service

If you are reading this line, I believe you are interested in KABN project, so let's take a deep look what it can do for its users and how it making a safer option for digital payments. The KABN Ecosystem allows providing identity verification data without revealing any sensitive data to the third-party business, therefore it works as an identity backed mediator. With the service, users can pay with crypto via Visa debit card. Here are the three core features of KABN:

1. Friction Free Global ID
2. Crypto-Linked Card & Mobile Banking Wallet
3. Loyalty & Rewards
   

Friction Free Global ID

KABN ID creates a verified digital ID for yourself, so you can use it anywhere accepted KABN. You won't need to reveal your identity on those third-party services because your KABN ID will do all the work. It's free to use service provided by the KABN Network. It's a biometric-based Global ID that keeps you “Always On” KYC/AML service.

Crypto-Linked Card & Mobile Banking Wallet

The KABN Network aiming to become your number one digital banking service using blockchain technology. This service allows you to use a Visa card linked with crypto funds so that you can spend your cryptos on the go where Visa accepted. To make this happen, KABN made some good partnership with financial services. Transact Payments is one of the major partners of KABN Network. It's e-money institution in Europe and principal member of Visa. Among with other partnerships, Pannovate, the platform technology provider, will launch the Pegasus Flyte Visa card in the United Kingdom. Also, it will launch the mobile banking wallet program. The KABN team strongly believes they could expand their service globally, as approved. The UK launch is expected in Q2, this year.

Features of Crypto-Linked Card & Mobile Banking Wallet

Multi-currency banking wallet
Crypto to Fiat exchange facility
Visa Debit Card (Linked with crypto)
Spend funds online/offline stores (where Visa accepted)
ATM withdrawal (Visa)
Other innovative services

Loyalty & Rewards

How about getting rewards for using your favorite services? How about if it's has zero cost? Yes, The Pegasus Flyte program has a robust loyalty program called KABN KASH where customers can earn rewards for engagements and other services. It gives customer privilege on cashback rewards, customer service, and special offers.

KABN Token Distribution

KABN token sale and distribution has several different phases, so investors should consider finding relevant information depending on corresponding dates and time. But here is general information taken from the official website. You should always verify information via their social channels like telegram or twitter.

KABN Token Allocation

A massive 43.19% of funds have been allocated for development where 10% is for the team and a small 2% for project advisors. The allocation looks interesting to me, so putting here a screenshot from the website to provide the allocation details.

KABN Team members and Advisors

I'm no expert in judging things like this. But I have experiences to gather information about project leaders and behind the scenes. The KABN website provides a list of team members and advisors including their LinkedIn profiles. While everything looks good to me, I only have one doubt. The expert at Icobench reported 2 KYC rejected. If we consider this issue, everything goes excellent at KABN network.

Summary:
KABN is a project that brings you a crypto-debit card powered by Visa and allows to access that card in Visa ATM worldwide. Also, you can use the card to spend crypto funds in online stores where Visa accepted. With your KABN ID, you can access various services that need KYC/AML approval. So, KABN definitely has the power to lead future STO.

Official links for KABN Network

Website: https://www.kabntoken.com
Whitepaper: https://www.kabntoken.com/wp-content/uploads/2019/03/KABN-Company-Overview-Summary-V1.2.pdf
Twitter: https://twitter.com/kabnnetwork
Telegram: http://kabn.network/telegram-links.php
Facebook: https://www.facebook.com/kabnnetwork
Medium: https://medium.com/@KABN
LinkedIn: https://www.linkedin.com/company/kabn

Author Info:
Bitcointalk: btccrusher
Profile Link: https://bitcointalk.org/index.php?action=profile;u=1398186
Telegram Username: @cointeq
Bounty0x username: btcc
Bountyhive username: btceye
ETH Address: 0x0c8eaFa5E8c3a68199604D3fA294826a4040C4B5

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