Kencoin Providing an anonymous Payment Gateway for Adult Contents

dprincebh (25)in #bounty0x • 6 years ago (edited)

The numerous advantage of Blockchain is it's security and privacy, in this world privacy have become our main object of concern as people always wanted to keep mostly their activities private. Luxury and private go hand in hand in the Modern society. Bitcoin had been growing since from it birth and is going growing, Bitcoin is a generalist digital currency providing a transparent peer to peer transaction through the blockchain which offer maximum currency.

Why Do We Need Kencoin

The global Adult industry is estimated to be approximately $20 Million in which about $10 Million comes from the US. The adult industry have been categorize into various sector such as porn videos, live interaction, adult merchandise, online dating as well as offline Adult entertainment which consists of Adult reserved venues, merchandise store excort and sex professionals. A users of either one of the Adult industry category will like to interact with either one or two category without having to disclose his identity or afraid of his data been public. That is why Kencoin is created to fill in the gap, so that a user will be at peace of mind knowing that his information is private and that his information couldn't be hacked or stolen as it is with the blockchain and transaction is been carried in an anonymous way without the requirement of registration or log in detail.

Kencoin is built on the ethereum blockchain. Kencoin will serve as a mean of payment in all the adult content related purchase such as sex and dating related subscriptions as one of the major area where privacy is expected by an individual is Sexuality, therefore kencoin is a specific digital currency which will provide an anonymous means of transaction within the adult industry as well as within the costumers, users don't have to panick about their details been exposed to public as the transaction is anonymous which is been backed by the blockchain in which data or transaction are not lost or compromised.
Users of the kencoin has no risk of Charge-back because all transaction are carried out within the kencoin blockchain anonymously. Also users don't have to bother about been charge a fee due to the fact that no fee is needed in storing kencoin as well as transacting with the merchant, kencoin users will benefit from Full anonymity because no sign up or login details is need during purchases. Security is one of the major concern of an individual because data breach may occur that is why so much transaction has been lose due to the fact that individuals are afraid of their data been public but with kencoin providing a maximum security with full validation in which the Kencoin Core ensures every block and transaction is accepts when valid, increasing not only your security but also helping prevent miners and banks from taking control of Kencoin.

Kencoin partnership and affiliation with various adult company and services in which the leading companies are been incentivized using the kencoin digital currency and this will bring kencoin to the mass. Also users will be given a 20%
Discount on any purchases using kencoin. Which will make kencoin usable in the physical world through a mobile wallet. But also the kencoin can be used both online and offline. The online user case the user will be able to pay for a service which he is interested in using his mobile wallet while the offline case the users uses his wallet offline to pay for transaction at the merchant store.

Kencoin Wallet

The kencoin mobile wallet is categorize of two which are the merchant wallet and the spending wallet. The Spending wallet is that of the users in which he stored kencoin or uses to pay for services he seems interested in, in both an online or offline way of transaction therefore providing both anonymity and security during transaction within the user and the merchant.
The merchant wallet which support kencoin payment also which can also serve as a spending wallet in which the merchant use to store kencoin or receive payment from vendors both offline and online and also be able to create multi-signature wallet and also sub-allocation.
Also the Merchant wallet can be use be linked to trading product and services using kencoin in which the merchant receive the token live in his wallet.

Kencoin Payment Gateway

As kencoin is providing an anonymous payment gateway system for adult related contents. Kencoin is based on Hadoop and HBase and also using an Omid as a transaction framework and also SQL-over-NoSQL which provide an easy way to access analytical data.

Kencoin Token Details

Kencoin is the utility token of the kencoin platform with a ticker KCN. KCN will only be used for transaction purpose on the kencoin platform. A total of 1 Billion KCN will be issued in which 600 million KCN will go to the ICO Investors.

Token Allocation