Kcash Whitepaper

Abstract

Kcash, the crypto currency wallet, facilitating the transaction and consumption of digital currency in real world, aimed at resolving the inconvenience of managing a variety of crypto currency, multifarious trading process and the problem of insufficient application scenario. Kcash provides a powerful infrastructure for cryptocurrency development which also promotes the application and evolution of the cryptocurrency industry. Kcash provides a security and swift, decentralized one-stop solution when supporting various blockchain asset management. Users are able to store, manage and exchange BTS, ETH and some other mainstream crypto currency with integrated management, in which way can totally self-control personal crypto currency and make the application and management of crypto currency more flexible and agile.

Kcash has a high-performance block chain (Kchain), which supports Turing-complete smart contracts. The main chain of Kchain is a non-Turing complete smart contract, which provides safe financial services for digital assets and avoids the great security risks brought about by Turing-complete smart contracts. Kchain also has a one-click side chain, side chain supports Turing-complete smart contract, Kchain provides proprietary cross-chain and cross-contract technology that links the main chain and the side chain. Both the contractual assets on Kchain and the assets that is not on Kchain can be transferred and exchanged through the cross-chain and cross-contract technology of Kcash. Kchain is a block chain that was designed for issue, exchange, value transfer of digital currency and other financial features, at the same time it has the side chain function to configure and generate Turing-complete by one-click, allows enterprises to concentrate on their business logic, and don’t have to worry about the security of the digital assets and high cost and difficult research and development of block chain. Based on Kchain, Kcash platform provides distributed computing power and distributed data interface for digital assets on Kchain, which greatly enriches the practicability of block chain.

Furthermore, Kcash has already cooperated with Visa, Master and other international banks and card issuers to jointly issue crypto currency cards. Users can apply for virtual or physical bank cards through Kcash online, you are able to use the cards for online and offline consumption of goods and services and have access to ATM withdrawal in the tens of millions of bank cards network around the world as long as you recharge bank card with any digital currency, in this way, the application scenarios of crypto currency has been greatly extended. With the Kcash card, any digital currency has a bridge to the real world, it is no longer an unusable asset. With the sustainable development of blockchain technology and crypto currency market, as one of the basic application, Kcash will provide significant support for more new projects, to assistant the management as well as circulation of blockchain assets, and make efforts to improve the ecological efficiency and promoting crypto currency market prosperity.

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Kcash Whitepaper

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