Kinesis Monetary System: The Components in a Nutshell
1. Kinesis Currency Exchange (KCX): This is the wholesale market where the Kinesis currency is created and minted. The Allocated Bullion Exchange (ABX) is the backbone of the Kinesis Currency Exchange. ABX is an institutional centrally cleared exchange with deep liquidity and connectivity into global wholesale trading organisations.
2. Kinesis Blockchain Network (KBN): KBN is forked on the Stellar Network and is the underlying blockchain technology upon which the Kinesis cryptocurrencies is built. Kinesis currencies can be transacted through KBN. Coins purchased on KCX are emitted into the KBN with yields based on money velocity.
3. Kinesis Blockchain Exchange (KBE): This is the blockchain exchange where Kinesis and other digital currencies can be traded. This is currently being developed internally by the Kinesis team to ensure deep liquidity for Kinesis currencies.
4. Kinesis Financial Network (KFN): The KFN is the mobile financial system that will enable more real life application of Kinesis Currencies. Kinesis currencies can be used for savings or payments, remittances, and money movement. The KFN will also enable the issue of Mastercard and Visa debit cards, giving the ability to use Kinesis as a payment currency globally.
5. Kinesis Commercial Centre (KCC): The KCC is the marketplace and e-commerce component of Kinesis. It performs as an online aggregator platform of goods and service providers, enabling the Kinesis currency suite to be seamlessly utilized as payment for participating merchants.
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