Konios – The Blockchain reformation: [Essay Example], 657 words GradesFixer
exit-popup-close

Haven't found the right essay?

Get an expert to write your essay!

exit-popup-print

Professional writers and researchers

exit-popup-quotes

Sources and citation are provided

exit-popup-clock

3 hour delivery

exit-popup-persone
close
This essay has been submitted by a student. This is not an example of the work written by professional essay writers.

Konios – The Blockchain reformation

Download Print

Pssst… we can write an original essay just for you.

Any subject. Any type of essay.

We’ll even meet a 3-hour deadline.

Get your price

121 writers online

blank-ico
Download PDF

Konios is a utility token vested with a unique assignment— to tend to the hurdles the cryptocurrency market is challenged with that makes it inaccessible to all and sundry. In carrying out this quest, in a bid to connect multitude of tokens and coins together on one platform so that transfer is decentralized, quick, and secure; the need to operate a blockchain that embraces the unique challenge Konios intends to solve becomes indispensable; as blockchain solutions available presently can hardly suffice.

It’s worthy to note that each blockchain is birthed as a solution to a particular challenge.

Konios is armed with a mission to reach the unreached thereby giving everyone with cash-in-hand secure and seamless access to the crypto market; while enforcing its unique goals of providing stiff security measures, decentralized validation, legal requirements, and user-friendly operations that are distinct to Konios.

The Unique Challenge

Even though cryptocurrency seem to be resonating massive vibes with millions of enthusiasts subscribed to one form of crypto or another globally, truth is, its effect in our day-to-day transaction is still very insignificant.

This can easily be related to when you realize that most local grocery shop wouldn’t accept the Ethereum coin as payment for a tin of milk or any other household item; neither will the local coffee shop settle for your Bitcoin as a currency of exchange. The inaccessibility of the cryptocurrency is one major reason its impact is still minimal in our world today.

Most of the active population who are keen on being a part of the cryptocurrency community don’t have a platform to operate in without the interference of a bank—this aborts the dream of many crave for the anonymity and transparency, trading with cryptocurrency offers.

However, because the cryptocurrency market has very huge potential—seeing how much impact it has made already in our world today so much so that it has gained the attention of the state authorities- which is a huge progression towards global acceptance. As a result, strict policies emerge daily by the authorities as a means of keeping the crypto community in-check.

Projecting that cryptocurrency is going to be the rave of the millennial, it becomes expedient to carry along the multitudes that probably have no idea of the cryptocurrency trend, lack the platform to trade, and those who have difficulty in understanding the trade.

The Konios Platform

The Konios platform has the following functionalities that make it accessible and seamless to everyone – novice and pros alike.

  1. F2F – Which is a face-to-face
  2. Exchange – This makes the conversion of cryptocurrencies pairs feasible (crypto-to-crypto)
  3. Market Place – Here you can easily make purchases or sell commercial goods/ services and either pay with cash or crypto.

The Konios Trading Platform

It features very simple process with an analysis tool incorporated which presents the desired parameters on charts. This way novices can easily forecasts and visualize processes. Information relating to crypto currencies is also made available.

The Konios Data

  1. Statistics – Provision of anonymous data from the crypto domain is presented on the Konios blockchain for empirical analysis.
  2. Behavior – Anonymous data from F2F, Exchange, Marketplace, and Trading are made available
  3. Geo – Provision of anonymous location to identify geographical concentrations and new create marketplaces.

Konios Blockchain & Smart Contracts

With the Konios blockchain, the numerous amount of users neglected from partaking in cryptocurrency due to the outrageous transaction fees exerted on even small amounts are embraced—such that they can transact speedily and at very minimal fees.

Konios blockchain serves the purpose of decentralized validation of transaction within the platform and process handling.

Processing of transaction; whether F2F, Exchange, Marketplace or trading, are carried out anonymously via the in-house Smart Contracts and executed using unchangeable and decentralized conditions.

Conclusion

Konios is loaded with promises that must deliver—by embracing the vast number of people who hardly understand what blockchain is about, is a feat that once accomplished will launch Konios into the league of champs. After all, isn’t that what having majority of people on your team accord you?

Remember: This is just a sample from a fellow student.

Your time is important. Let us write you an essay from scratch

100% plagiarism free

Sources and citations are provided

Cite this Essay

To export a reference to this article please select a referencing style below:

GradesFixer. (2019). Konios – The Blockchain reformation. Retrived from https://gradesfixer.com/free-essay-examples/konios-the-blockchain-reformation/
GradesFixer. "Konios – The Blockchain reformation." GradesFixer, 27 Mar. 2019, https://gradesfixer.com/free-essay-examples/konios-the-blockchain-reformation/
GradesFixer, 2019. Konios – The Blockchain reformation. [online] Available at: <https://gradesfixer.com/free-essay-examples/konios-the-blockchain-reformation/> [Accessed 7 July 2020].
GradesFixer. Konios – The Blockchain reformation [Internet]. GradesFixer; 2019 [cited 2019 March 27]. Available from: https://gradesfixer.com/free-essay-examples/konios-the-blockchain-reformation/
copy to clipboard
close

Sorry, copying is not allowed on our website. If you’d like this or any other sample, we’ll happily email it to you.

    By clicking “Send”, you agree to our Terms of service and Privacy statement. We will occasionally send you account related emails.

    close

    Attention! this essay is not unique. You can get 100% plagiarism FREE essay in 30sec

    Recieve 100% plagiarism-Free paper just for 4.99$ on email
    get unique paper
    *Public papers are open and may contain not unique content
    download public sample
    close

    Sorry, we cannot unicalize this essay. You can order Unique paper and our professionals Rewrite it for you

    close

    Thanks!

    Your essay sample has been sent.

    Want us to write one just for you? We can custom edit this essay into an original, 100% plagiarism free essay.

    thanks-icon Order now
    boy

    Hi there!

    Are you interested in getting a customized paper?

    Check it out!
    Having trouble finding the perfect essay? We’ve got you covered. Hire a writer

    GradesFixer.com uses cookies. By continuing we’ll assume you board with our cookie policy.