KIT TOKEN ICO; A SAFE AND SECURE WAY OF MAKING CRYPTOCURRENCY TRANSACTIONS ONLINE


The activity of cybercriminals has led to the loss of billions of dollars in online transactions, this I believe calls for a stringent measure to prevent further loss of cash by individuals while performing online transactions using cryptocurrency. When I came across the KIT TOKEN ICO project I was so happy because I saw a platform that has all it takes to make my transactions online secure and I feel I won’t be doing you any favor keeping this information to myself.
OVERVIEW
Since the advent of the blockchain technology which is seen as the most secured and transparent platform on earth has helped in making lots of industries safe and secure from cyber-attacks and it is high time it is used to secure online transactions or transfer of funds from one person to another. You will agree with me that nobody loves losing money no matter how small and this is why security of transactions is very important.
This is why the KIT TOKEN platform was created to help you secure your transactions online. Now let’s look at the security challenges facing the existing cryptocurrency based payment gateways and also how the KIT TOKEN project can help solve the challenge ones and for all.
SECURITY CHALLENGES FACING THE EXISTING CRYPTOCURRENCY BASED PAYMENT GATEWAYS
If you have been following what has been happening in the cryptocurrency industry, you will discover that lots of wallets have been hacked and many more are still been hacked by cyber criminals because of the porosity of their system.
Sometimes these cyber-criminals sends ransomware to the network to hijack peoples funds and because those systems are not properly secured, they end up been cracked by these cyber criminals; sometimes this porosity in those systems is caused by human error. I have heard about a situation where someone sent cryptocurrency from his wallet so an exchange and it never got to the exchange and when he tried checking the TX Hash, he discovered that the fund was transferred to another a different wallet address different from what he entered; this was possible because of the porosity of that particular cryptocurrency payment gateway.
The above challenge is one of the challenges the KIT TOKEN platform was designed to solve. Now let’s consider how they plan to make this a reality.
THE SOLUTION PROPOSED BY KIT TOKEN
To prevent the KIT TOKEN platform from being hacked and users losing their cash, the KIT TOKEN team has decided to make the platform undergo strict security, performance and usability test before its launch of production version of KitToken.
The team has also planned to perform ethical hacks on blockchain and smart contract integration implementation to ensure that the production version is safe. The KIT TOKEN platform has an integral plartform known as Kitpay which has Kitpay wallet (a wallet which helps you can use to transfer fund securely, monitor your balance and also check your transaction history). The Kitpay system is strongly protected with cybersecurity protection, implementation of KYC AND firewalls protection which can protect you from ransomware.
The KIT TOKEN platform is so concerned about the security of the fund of their users and with their strategy it will be difficult to hack the platform or the wallet of any of its users. For the sake of the security of your cryptocurrency, I will urge you to choose KIT TOKEN platform and partner with them via their ICO which will be ending soon. There are lots of information on the links below, I will urge you to visit them and get more information about the project and its ICO:
LINKS
Website | Telegram | Twitter | Facebook | Medium | Youtube | ANN Thread
Author’s Details
Bitcointalk Username: kelvinkent
Bitcointalk URL: https://bitcointalk.org/index.php?action=profile;u=2313436

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