A digital currency based 1:1 on physical gold and silver, set to change the way the world transacts.
Dubai, Monaco, London, South America, Australia.
This is the first time that allocated gold ownership has delivered a non-debt-based yield, and Kinesis have a lot of interest from the $15trillion gold trading industry. Kinesis has developed a proprietary fork of the Stellar blockchain resulting in extremely fast transaction speeds and scalable global use.
This initiative was founded by ABX, a leading online exchange platform for physical bullion, with deep expertise in the gold industry. ABX is integrated with Deutsche Borse’s clearing house and already has extensive infrastructure and fully operational exchange technology for trade and storage of physical bullion in 7 locations around the world.
Kinesis introduces yield-bearing digital currencies based 1:1 on allocated physical gold (KAU currency) and silver (KAG currency). The vision for Kinesis is to deliver an evolutionary step beyond any monetary and banking system available today.