Kvantor is a blockchain-based banking solution that aims to provide improved levels of economic freedom to the market. The platform facilitates the decentralization of all financial relationships between counterparties, opening up a channel for the exchange of values without third-party mediation. The elimination of third-party players in any transactional exchanges reduces the cost of transaction drastically and expedites the interaction.
The solution hopes to enable users to leverage cutting-edge technologies for settlement, and reduce transaction speeds of exchanges from days to minutes at competitive and attractive rates. Entry barriers to banking services due to geographical location, politics, or financial status will be eliminated, with users only needing an internet-capable device to use banking services at any time, or location.
Kvantor also offers the following services interbank transfers for foreign trade – transfer of fiat currencies and digital instruments between the banks from different countries. It also offers banking services including money transfers, clearing, bank guarantees, factoring, etc. Kvantor also provides exchange trading services (for Brokers, manufacturers and purchasers of goods) with agricultural exchange, commodities and raw materials exchange and currency exchange.
The platform is comitted to the highest level of data protection including users’ identity, smart contract interactions, and transaction exchanges based on legislative considerations. Its transparent ecosystem is powered by an instrument of economic agents that has no entry barrier, embodied in its native token.
Each Kvantor token holder is entitled to a license usage for the results of intellectual activities on the platform. The number of tokens determines the share in the RIA. Kvantor will be issuing a sale for its licenses with a nominal value of 1/1300 the value of the troy ounce of gold on the day the KVANTOR licenses are issued. From the 26th of April to the 25th of May 2018, the first phase of the event will issue 20% of the licensed tokens to the public at a 40% discount. From the 28th of May to the 27th of June 2018, an additional 40% of licensed tokens will be issued at 20% discount. Hard cap for the event has been set at 32 million GBP.