Karatcoin

The decentralized world is remarkably new. The birth of the blockchain dates back to 2008, but it has only evolved with real applications in the last few years (especially with Ethereum). As such, it is identified as a project still in its infancy, but with enormous development opportunities in almost every sector of the economy. But being in a continuous state of evolution and process transformation also opens the door to constant and ever greater attempts to champion any kind of idea that very rarely turns into a valid project with long-term viability.

Karatcoin allows open and public authentication of all asset documents stored in a decentralized database through our Proof of Asset (PoA), a protocol designed within the EOS Blockchain by integrating the IPFS (Inter Planetary Files System) to trace the entire authentication path through its chain of custody.

Our goal is to build a platform to trade gold certificates, exchange Karatcoin tokens, as well as save and exchange currency using gold cards.

Our team is up to build a secure, useful, & easy-to-use product based on private blockchain on top of EOS technology. It will include easy cryptocurrency payments integration, and even a digital arbitration system.

At the end, Our aims to integrate all refineries, gold companies, and business assets into a unified blockchain ecosystem, which will make business truly efficient, transparent, and reliable.

Our vision is to create a people-powered new economy decentralized financial services ensuring both in stability investments and aggressive investments linked to market fluctuations and fueling the collateral needed for future projects and at the same time create an ecosystem for developers to utilize Karatcoin tokens as a framework for various Ðapp developments, thus accelerating adoption of blockchain technology.

Karatcoin’s Platform is directly linked to operational gold mines that will receive financing to help increase their gold production. The more Karatcoin’s financing increases, so will the aggregated gold production of our mines, which in turn will increase the value of circulating Karatcoin tokens. All the mines selected by Karatcoin's technical and legal team have been carefully analyzed for their production ability, operational background, structural credibility, as well as their financial rating (no intermediaries are involved in the verification process). These mines will pay the interest due with physical gold extraction (doré gold bars, gold nuggets, gold dust, etc.) which will be stored at the official refinery and turned into gold ingots on our behalf.

How it Works

The Karat Foundation will be established in accordance with the UN Guiding Principles on business and human rights, especially conducting better control and surveillance work to ensure that gold is sourced responsibly and ethically.

Karatcoin will create a decentralized gold market application by enabling established gold traders and providers to tokenize the same metal under one crypto-asset token, generating a highly liquid and stable market.

• Manage your gold products
• Check Blockchain Transactions
• Vote to elect the gold mines
• Top 50 Cryptocurrencies available
• 85 Currencies supported
• Live trading
• Fast Execution
• 10 technical indicators
• Detailed Market analysis
• Updated News
• SHA512 Security encryption
• Multi-platform available

Karatcoin Features

Our objective is to create a groundbreaking organization that blends the centralized and decentralized worlds perfectly. Our ambition is to create a multipurpose project destined to become a major market player that embraces constant and evolutionary growth.

• No Geo-Restrictions - There are no geo-restrictions, once the gold has been turned into crypto-gold, you can redeem it in any country*. Costs related to transport and related taxes are minimized by leaving the raw material in its place of origin.
• Store Physical Gold - You can safely store Physical Gold asset in vault and keep it as Gold Certificates in your wallet on the Karat Blockchain, the gold is safe from political influence and will preserve and increase its value over time.
• Dpos Consensus - Fees will be used as returns for stakeholders instead of miners. This means a faster validation block time (10 secs), less power consumption and more security.
• Backed by a Real Asset - Karatcoin is less volatile than other crypto-currencies because it’s indirectly linked to a real asset with an owned blockchain.
• Earn Fixed Revenue - Gold Certificates are safe investments. Our Certificate gives you 2 half-yearly coupons with up to 6% interest.
• Gold Mines Profits - Vote for the gold mines to be financed and participate to the active interests that will be perceived from funding given to the selected mines.

For Infomation

Website: https://karatcoin.co/

Whitepaper: https://s3-eu-west-1.amazonaws.com/karatcoin.co/files/docs/KC_WP.pdf

ANN: https://bitcointalk.org/index.php?topic=4932340

Twitter: https://twitter.com/Karatcoins

Facebook: https://www.facebook.com/karatcoin.co/

Telegram: https://t.me/KaratcoinGroup