Kalycoin — A platform to enable fast and secure cross-border money transfers
Introduction One of the key growing technology trends of our century is blockchain technology and crypto-currencies. Blockchain technology is creating the groundwork for a range of next-generation applications that will allow stronger and more inclusive communities by enabling untrusted, immutable, and decentralized transactions.Traditional fiat currency payment systems are based on outdated infrastructure, making it difficult to implement new and creative payment methods such as crypto-currencies. When we look at the traditional cash-based payment systems with fundamentally perspective, we see that the 1. The system is highly centralized. 2. Because of the rigid standards, there is a lack of flexibility. 3. Costly for customers) and many difficulties are incorporating innovations/currencies. More advanced digital money payment options have already arisen in several countries, nearly completely replacing the conventional cashless payment method (for example, mobile money in...