Kineticex is here to save the day

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kineticexexchange

2 min readAug 2, 2018

Payments Industry — The present condition

An exponential surge has been witnessed in using cryptocurrencies for online shopping, online gaming, digital assets, credit card bills, mortgage, international payments, and peer-to-peer payments.

Blockchain improves the payments infrastructure as a whole in many ways. As transparency is practiced with full precision, the certainty of the ownership is established. Blockchain is said to be the most secure technology, with no dispute over the transactions. Various technology startups are building their custom-made distributed ledgers, inspired from Blockchain.

Blockchain’s role on the current scenario

Public blockchain is widely used as the transfer system for fiat currency and is accessible by everyone. The use of public blockchain by consumers and merchants allows them to make payments from bank accounts, without even using the card payment systems. This move eliminates the need for infrastructure to transfer large amounts of money.

Kineticex has come up with a solution to by integrating blockchain in establishing payment networks for mass adoption of cryptocurrency as a payment mode, public blockchain works the best, as private blockchains require special permission to join. They can be used for firms who have other units of value, other than bitcoin and altcoins.

A word on Kineticex and its abilities

Kineticex is loaded with great inbuilt features, the company is leading with example and is in the forefront of payment solutions. A wide variety of people can start using Kineticex ecosystem as a highly agreeable alternative for payment processing solution that is both reliable and secure for any volume of trading. Kineticex is proved itself to be far better compared to its competitors with handling large exchange transactions without any glitches .

Kineticex is here to save the day

Written by Kineticex Support