Blockchain is a system of recording or database that is widespread in the network, or also known as distributed ledger. But what does that mean?

Traditional System: Trust With Third Parties

Suppose you buy a cup of coffee at your favorite cafe in the Mall. When you pay, you swipe your credit card at the cafe card machine. Here is a transfer of money from your account to the café account. But you know where this transfer really happened? Why can your cafe believe that your money has been transferred to their account? This is because there is a third party that is trusted by you and your café. In this case, the third party is your bank, or the card network you use (Visa, MasterCard, or Amreican Express). Your café trusts the third party.

Blockchain System

Blockchain is a system that does not use such third parties. In essence, records of transactions that have occurred, stored by many computers scattered in the network itself. So it would be harder to hack a system of hundreds or thousands of computers, and chances are small for all of those computers to be interrupted at the same time.

So if you for example pay for your coffee using Bitcoin (one of cryptocurrency), Bitcoin for the payment of the coffee is transferred from your Bitcoin address to your Bitcoin cafe address in peer-to-peer. And these transactions will be recorded on all the computers scattered in the Bitcoin network.

How does Blockchain work?

The Blockchain system consists of two types of records, transactions, and blocks. These transactions are stored together in a block. The unique thing about Blockchain is that each block contains a cryptographic hash to form a network. The cryptographic hash function is to take data from the previous block and convert it into a compact string. This string allows the system to easily detect the existence of sabotage.

Instant, Safe, Efficient and Transparent

Data delivery occurs instantly and efficiently. All transactions and data storage are secure because they are the same thing. This is very unlikely to be done. Blockchain is like a big book where all transactions are transparent and can be checked by everyone so as to ensure credibility

Peer-to-Peer Technology

Transactions using Blockchain technology are peer-to-peer, in the sense that a data can be moved from one user to another without the help of a third party to process it. With Blockchain, we no longer need to rely on one server because of the fact that we do not have to deal with server data, server downs, or hacked accounts.

Kryptobits is developing reference exchanges for world markets with distinguishing features in terms of language, geographic presence, promotion and functional innovation. Kryptobits aims to be one of the world’s top 10 exchanges by 2020. The Kryptobits ecosystem will provide banking features with prominent new functionalities due to their simplicity, speed and durability.

Kryptobits Values:

• Innovation

• Speed

• Multilanguage capability

• Usefulness and an integrated interface for many functions

• A strong real-world business partnership

INVESTMENT IN KRYPTOBI

As a holder of KBE tokens, you get an automatic discount on Exchange fees, Percentage which will depend on the number of tokens you purchase.
If you purchase the KBE token, you will be given a free KartoCoin, the primary currency of the Exchange, to access all the benefits of Blockchain Banking: loan, FIAT transfer, Airdrop.
Kryptobits strongly believes in its own projects thus assuring you to buy back your tokens with a fixed parity (€ 0.10) after 12 months since Exchange development.

KRYPTOBITS ICO

Kryptobits Exchange is integrating crypto and fiat together in a unique platform.

Karto Coin “, cryptocurrency, and home-based trading systems based on artificial intelligence.

The main purpose of ICO is to enable users to become part of the large cryptocurrency currency exchange business.

EXCHANGE

Our top priority is the user and the security of their deposit. The Exchange has a Cold Wallet, a 2FA mechanism, among other advanced security features.
For your convenience, you can withdraw funds directly through an IBAN account or credit card (issued by Montbrun Capital).
You can buy all kinds of cryptocurrencies including the best known, more advanced, and make Kryptobits redeem the world’s largest cryptocurrency offer.
You can transfer or exchange between cryptocurrencies quickly and safely. Currently, we work with BTC, ETH, LTC, and KTC, adding other cryptocurrencies in the future.
Finally, we use airdrops that generate trust and are backed by an excellent team of programmers, facilitating the actions of our trusted customers.
We will initially offer token kryptobits (KBE) through Smart Contract through the Ethereum network.

We will launch a total of 1,802,500,000 tokens from Kryptobits, whose distribution will be available through this system for a total of 1,442,000,000, leaving the remaining token for the development team, adviser and economic development and legal infrastructure.

Tokens that are not sold during this phase will be burned forever, that is, no more Cryptobits tokens will be generated in the future.

The distribution of 1,442,000,000 Kryptobits tokens to be offered for sale is described in the following table, based on phase, quantity and date estimates.

TOKEN INFO

Ticker: KBE

Platform: Ethereum

Token Type: ERC20

Available for sale: 1,124,760,000 KBE (78%)

Pre-sale Price:

1 KBE = 0.05 EUR

ICO Price: 1 KBE = 0.1 EUR

Accepting: ETH, BTC, LTC, BCH, XRP, Fiat

Soft cap: 4,000,000 EUR

Hard cap: 100,000,000 EUR