Today, the word “identity” is immediately associated with theft.No one has ever had such a small chore to obtain and exploit key personal information. If your official government identity has not been announced so far, consider yourself lucky — these unfortunate consequences are only becoming more widespread.
But some companies say enough to develop block-chain tools to turn tables in favor of people who protect their identities. They aim to lay off bad guys by creating hyper-secure storage cabinets for our identifying information and letting us know who is trying to access it.
Kabn is trying to make it easier for users to prove their identity on the web without compromising control over sensitive data. This is especially useful in the finance industry where fintech creates an atmosphere where digital transactions are not exceptional but Norm.
Users choose exactly what information they want to enter and who they want to share with. Moreover, Kabn wants to alleviate other concerns-how is my data used? Who sells it? Is my personal information mature for hackers? In the age of general information sharing through digital banking and low-security portals, etc., such a service will serve a widespread need.
A key is an authentication tool supported by blockchain. Includes blockchain-based dynamic multidimensional definition. to help confirm that someone is who they claim to be. This level of authentication is full of what government agencies need. The advantages of this level of security and identity management technology are lower cost, more reliable results, and better user experience.
Kabn is an e-commerce payment and identity platform. It securely stores your personal information and payment data in the blockchain so you don’t have to share it with anyone, not even a Kabn. This does not mean more data breaches — because companies don’t have to store your data. Thus, you can use and pay services without worrying about your privacy and security.
With Kabn, anyone can take control of their data. Instead of paying and delivering your personal information, each individual can choose whether to share and share the data — and only on their own terms.
Kabn gives people strength. It also saves companies from efforts to manage and protect massive data silos. By atomizing these silos, it can eliminate the biggest challenge companies face today: Cyber Security.
How does Kabn Token work?
In order to increase the adoption of the crypto coins, it will be necessary to plan everything and not be allowed to happen by chance. We can do this by dividing it into two categories that make it easier for users. Thousands of years ago, BTC was useful and successful when they believed in the use of crypto coins, while other users seem to be pursuing any kind of coins because of their ability to help them in their investments.
No matter what platform you are on, this platform aims to make everyone believe in crypto money by showing their potential and how they can successfully implement them in daily activities or use them in real-life transactions. Unlike earlier, banking services will now be made on the web for convenience and thus will be able to access transactions directly to many users. Now, banking operations will not be limited to offline buildings that take place when customers join but will make it easier online. Now, the identity of users with crypto money will be verified and verified when they use this platform that facilitates their activity.
The Visa card designed in this ecosystem is very functional. It is useful for both crypto transactions and offline transactions with fiat currencies. This visa is very important because it reduces downtime and allows users to do more with their funds. Automatic use means that all activities of third parties will be suspended and even rendered useless as used by third-party payment portals. This innovation will determine the fate of digital assets, and users will be able to work seamlessly with the same wallet and Visa card as well as Fiat, as well as with crypto money. Old banking methods cannot withstand this because they are positioned to meet customers ‘ demands and open a new payment and transfer gateway for all users. The wallet has now become a mobile wallet that has never worked so well for users. For this reason, the platform is a deep gateway that uses something that is very difficult to take place in other projects that use cards.
The card used as a debit card allows you to deposit and withdraw money in accordance with the transactions they want to use for converting fiat or Krypto monies. Users will be able to use the cards at the terminal where ATM machines are located. They can do all online transactions there and shop with the CABN token, just like other cryptocurrencies. Users will make sure that this platform starts itself and makes sure that they believe there is nothing they can’t accomplish by using wallet crypto coins.
Kabn will revolutionize the way we pay online, log in and verify our identities. It provides people with control over their personal data and makes it easy to use their favorite services.
By bringing confidence and peace of mind to online transactions, Kabn promises to make them faster and simpler. Unlock millions of new processes that are not currently being performed because of security fears, complex processes or false positives.
Kabn will save companies billions of dollars in fraud, false positives and fraud, and will now minimize legal risks by drastically reducing massive customer data silos.Kabn is not just a new product. It is the fundamental change in the way consumer transactions across the globe operate.
For more information about the project please visit below links:
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