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About Kartblock(KBT)

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What problem does Kartblock solve? (or: what human need does it satisfy?) and how exactly does it do so?

Three pillars of Kartblock

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1. Digital wallet:

The digital wallet will serve as the entry of users to this ecosystem. It will be used to store the Kart Tokens as rewards and use this crypto currency as required by the user.

2. Kart Block e-commerce:

This component will be like any other e-commerce platform available today. The marketplace will be powered by vendors and their products for sell. Only the major underlying difference will be that the customers, as well as, the users will be rewarded with Kart Tokens for their actions. This platform will run atop the blockchain layer to maintain trust and transparency.

3. Kart Block Tokens:

This is the native cryptocurrency of the Kart Block ecosystem. It is the standard ERC20 token and will be used to provide incentives to the users, merchants and the customers (For e.g. adding new users/merchants, updating profiles, purchasing products via Kart Block etc.).

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Core technology and blockchain integration

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Kart Block ecosystem can be divided into two parts as below,

1. Centralized ecosystem/layer:

The centralized layer of Kart Block ecosystem will govern its Android and iOS app, and its website. This layer will run over the base layers, i.e. blockchain layer. For proper functioning, maintenance and updating of this interface systems, they are kept under the company's control, and open-ended development will be allowed in the future.

2. Decentralized/Blockchain Ecosystem:

This will be core-soul technology layer of Kart Block ecosystem. This layer will be powered by the Ethereum blockchain network and native tokens will be standard ERC20 tokens. This layer will handle and record the payments, transactions, smart contracts, data verification, etc. through Hyperledger.

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How is the idea monetized? How do the token holders profit?

Kartblock Ecosystem

-------------------------------------------------------------------

Decentralized/Blockchain Ecosystem is the technology layer of Kart Block ecosystem. This layer will be powered by the Ethereum blockchain network and native tokens will be standard ERC20 tokens. This layer will handle and record the payments, transactions, smart contracts, data verification, etc. through Hyperledger.

The Kart Block ecosystem at its core is a combination of e-commerce platform, digital wallet, and Tokenized reward mechanism. A simple yet powerful idea behind this ecosystem is directly rewarding the customers/users for their valuable contribution to the Kart Block platform, without the need for any middlemen. This reward will be in the form of a cryptocurrency (Kart Block Token).

Team

Kartblock's team members.

Roadmap


 
Quarter 1 Blockchain Strategy & Rebranding to Kartblock
Quarter 2 Token Sale Preparation
Quarter 3 Token Sale Finishb
Quarter 4 Product MVP
2014 Inception 27 Avenue Asia & India expansion
2016 Middle East Exapnsion
2019 Global Expansion
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Quick notes

Tokenomics

Token Info

Available tokens: 40% Price: 1 KBT= 0.15 $ Soft Cap: 3 Million USD Hard Cap: 60 Million USD Buy with: ETH Platform: Ethereum Location: UAE Restricted: USA, China

Other Info

MVP/Prototype: Yes Escrow: Yes Category: Internet of Things

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What problem does Kartblock solve? (or: what human need does it satisfy?) and how exactly does it do so?

Three pillars of Kartblock

-------------------------------------------------------------------

1. Digital wallet:

The digital wallet will serve as the entry of users to this ecosystem. It will be used to store the Kart Tokens as rewards and use this crypto currency as required by the user.

2. Kart Block e-commerce:

This component will be like any other e-commerce platform available today. The marketplace will be powered by vendors and their products for sell. Only the major underlying difference will be that the customers, as well as, the users will be rewarded with Kart Tokens for their actions. This platform will run atop the blockchain layer to maintain trust and transparency.

3. Kart Block Tokens:

This is the native cryptocurrency of the Kart Block ecosystem. It is the standard ERC20 token and will be used to provide incentives to the users, merchants and the customers (For e.g. adding new users/merchants, updating profiles, purchasing products via Kart Block etc.).

-------------------------------------------------------------------

Core technology and blockchain integration

-------------------------------------------------------------------

Kart Block ecosystem can be divided into two parts as below,

1. Centralized ecosystem/layer:

The centralized layer of Kart Block ecosystem will govern its Android and iOS app, and its website. This layer will run over the base layers, i.e. blockchain layer. For proper functioning, maintenance and updating of this interface systems, they are kept under the company's control, and open-ended development will be allowed in the future.

2. Decentralized/Blockchain Ecosystem:

This will be core-soul technology layer of Kart Block ecosystem. This layer will be powered by the Ethereum blockchain network and native tokens will be standard ERC20 tokens. This layer will handle and record the payments, transactions, smart contracts, data verification, etc. through Hyperledger.

---------------------------------------------

How is the idea monetized? How do the token holders profit?

Kartblock Ecosystem

-------------------------------------------------------------------

Decentralized/Blockchain Ecosystem is the technology layer of Kart Block ecosystem. This layer will be powered by the Ethereum blockchain network and native tokens will be standard ERC20 tokens. This layer will handle and record the payments, transactions, smart contracts, data verification, etc. through Hyperledger.

The Kart Block ecosystem at its core is a combination of e-commerce platform, digital wallet, and Tokenized reward mechanism. A simple yet powerful idea behind this ecosystem is directly rewarding the customers/users for their valuable contribution to the Kart Block platform, without the need for any middlemen. This reward will be in the form of a cryptocurrency (Kart Block Token).

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