Kora Network — Hope of the Future!

This project aims to become a lifeline for the African market and more than one billion people who are cut off from the world economy. The reason for poverty is long distances to financial institutions since the largest banks are not targeted at small or poor regions and cities. One can look at this situation by the example of farmers: huge corporations receive their products, but agricultural workers themselves do not earn money until the goods reach the end user. Oil is added to the fire by the fact that corruption is very common on the way, which leads to a small profit for honest workers.

It was this situation that prompted people to create Kora Network.

Thanks to the technology of blockchain, this platform has reduced the cost of services and eliminated the main problems faced by conventional providers of financial services. The most important advantage of this network is availability. Users do not need a smartphone and even the Internet! All you need is access to SMS.

The main functions that Kora will handle:

1 Confirmation of identity. Everyone will be able to confirm their identity and occupation without any problems, since this project uses remote identification of the individual and the type of activity.

2 Safe Storage. Ordinary users will not worry about the safety of storing their money and savings due to high network security.

3 Fast translations. Now the money transactions will be incredibly fast.

4 Places for trade. Users can easily access places to sell their own goods and services.

The network is based on its own currency, called eFiat, which is an analogue of the usual national currency. The network architecture is built on the basis of Ethereum (this is the largest and most developed blockbuster platform in the world).

Kora will help entrepreneurs, providers, agents and individuals. The interaction between them will be much more convenient, transparent and faster than at the moment, as this wonderful project takes care of the comfort, security that is realized through the introduction of secure data transfer protocols, and speed.

As a result, Kora Network has those advantages compared to others:
1 Accessibility
2 Low cost of services
3 Easy to use
4 Simplification of the system of confirmation of identity and type of activity
5 Very short transaction time

Token distribution: it is planned to issue 755 million KNT. 45% will go on sale, 20% will be used to attract new users and partners. 20% is a reserve designed to develop a protocol and infrastructure that will be stored for about two years. Other 15% will also be blocked for 2 years.

Here is the detail of token distribution:

The KNT token is an Ethereum based ERC-20 Token
Total tokens: 755.007.338
The tokens will be sold: 339.753.302
On development: 151.001.468
Provision for infrastructure development: 151.001.468
Development Team: 113.251.101
Tokens that can not be sold will be destroyed.