KINEKT Terminals
Transaction Agnostic Blockchain Terminals. KINEKT is a new generation BLOCKCHAIN INTEGRATED touch terminal used at physical points of sale. The terminal is designed to be low cost and is entirely customer, service and POS technology AGNOSTIC. Current terminals can to do just one type of transaction at a time, for example either a loyalty or payment transaction. The KINEKT Terminal can process MULTIPLE transactions using just a FINGERPRINT + PIN. Additionally transactions are managed by ARTIFICIAL INTELLIGENCE to automatically select a customer's default (preferred) card service/s, or changed on-the-fly as required using the touch terminal itself. Revenue is generated by charging participants (mobile wallet providers, banks and loyalty companies etc) a small percentage of the value of every transaction which is payable using the KINEKT Token.
START PRE-ICO
03.04.18
FINISH PRE-ICO
12.04.18
START ICO
01.10.18
FINISH ICO
31.12.18
I've invested at KINEKT Terminals and feel scam here now

If you suspect fraud, it is better to bring it to the attention of the law enforcement authorities. With ICO frauds, every day counts because fraudsters can sweep up the evidence.

Feel free to contact us:
We will help you to find the data about fraud (rate $ 30 per hour). In the future, you can submit this report and the case to any competent lawyer. An example of a research report is available here.

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We also collect facts about the withdrawal of crypto active assets from the project. If you have any information available about a cryptocurrency, please, send it to us for analysis.

ICO
Date Pre-iCO
03.04.18 / 12.04.18
Date iCO
01.10.18 / 31.12.18
Project symbol
XKN
Country
South Africa
ICO token price
0.000200 ETH
Category
Business Services
Charity
Artificial Intelligence
Banking
Big Data
Retail
Internet
SCROLL
THE STRIP

Cryptocurrency Transactions   With the significant global growth in popularity of cryptocurrencies, there has been an urgent  need for methods of using these currencies as a means of payment within traditional markets. However, the only means of using cryptocurrency as means of payments to date have been by connecting Visa or Mastercard's to existing Cryptocurrency Wallets (i.e. Bitcoin Wallets), or through the introduction of dedicated Cryptocurrency Terminals or ATM's. Unfortunately these means simply add to a market already fragmented, costly and inefficient. The KINEKT Terminal overcomes this problem by enabling both traditional and cryptocurrency type transactions to processed without exclusion of the other simply by having providers plug into the KINEKT Cloud. Mobile Wallet Transactions  Ever since the development and roll-out of NFC there has global efforts by the banking industry, and wallet providers to have merchants upgrade to the latest PCI / EMV compliant terminals in order to give their customers the option to perform contactless payment & related transactions. However, to date the market roll-out and customer participation have been slow due to the high cost to merchants and most of the world still preferring to use either cash or traditional bank cards etc. The KINEKT Terminal overcomes this problem by enabling any mobile wallet providers in the world to simply plug into the KINEKT Cloud in order for their customers to transact at participating merchant points of sale without expensive terminal upgrades being required. Bank Card Transactions Banks and card companies are increasingly put under pressure by merchants to offer lower card transaction processing fees for physical point of sale terminals. Unfortunately the design of the bank card payment terminal networks make the reduction of fees difficult due to too many intermediaries involved in processing "pull payment" type transactions between card issuing banks and acquiring banks. However, the most recent global efforts of the banking industry and card companies to introduce direct peer to peer "push payments" for the internet and personal customer to customer transactions, make it possible for KINEKT to extend this feature as a low cost P2B customer to merchant payment means not possible using current bank card terminals. Loyalty Transactions  One of the biggest pain points experienced by both merchants and end using customers are the use of separate terminals to process loyalty transactions & bank card payments. This increases cost and forces additional transaction steps onto participants, whilst adding to a fragmented  market etc. This business model also limits the opportunities for merchants and multiple other potential 3rd party service providers to generate extra revenue streams at physical points of sale. However, the agnostic design of the KINEKT Terminal make it possible to include every 3rd party service provider transaction in one seamless step - i.e. managed by Artificial Intelligence automatically selecting a customer's default cards based on choice and the terminal used. Unbanked Transactions  There is an estimated 2 billion unbanked and underbanked people in the world not able to benefit from bank card related payment services to purchase goods and services at physical points of sale. This is mostly due to the remote locations of this market, the cost of banking services, and the lack of infrastructure to use card related services such as ATM's and merchant bank card terminals. However, the KINEKT Terminal make it possible for the banking industry,  mobile wallet providers and merchants to gain access to these remote markets by way of its internal GSM connection to the cloud, and Fingerprint reader to identify customer accounts during the transaction process instead of issuing traditional bank cards etc. Charity Transactions  The charity donation market is a multi-billion industry rife with inefficiencies, particularly at the physical point of sale. This market segment typically uses physical tins located at merchant points of sale usually benefitting just one charity at the expense of others, whilst the cost of collecting physical small change is up to 90% of the funds raised. However, the independent agnostic nature of the KINEKT Terminal make it possible to perform the function of a "digital tin" capable of automatically or manually collecting small change amounts from the public as part of the normal payment process. Once signed up end-users will have the option to determine how much to donate and which charities, schools or churches to support with their donations.

TEAM
Sarel de Witt
CTO Adviser
Carpenter Cui
China Market Advisor
Angus Pohl
Founder and CEO
Hannes van Rensburg
M-Payment Adviser
Perry Leardi
US Banks Adviser
I've invested at KINEKT Terminals and feel scam here now

If you suspect fraud, it is better to bring it to the attention of the law enforcement authorities. With ICO frauds, every day counts because fraudsters can sweep up the evidence.

Feel free to contact us:
We will help you to find the data about fraud (rate $ 30 per hour). In the future, you can submit this report and the case to any competent lawyer. An example of a research report is available here.

Consult us free of charge about collecting debts from an ICO project bubnov@forensictokenlab.com or via telegram @ICO_Forensic_NOW
We also collect facts about the withdrawal of crypto active assets from the project. If you have any information available about a cryptocurrency, please, send it to us for analysis.