The NOKU Platform will give people the possibility of creating their own Tokens and managing them.
Noku is a ‘digital cryptocurrency platform’ that aims to help “connect crypto economy to real life”. Noku provides users with its own currency and a wallet so as to help execute large volume transactions within minutes. According to the official company website, the aim of Noku is to provide customers with a ‘fast and reliable’ monetary service all over the world.
Noku tokens can be used for payments in any currency, as long as it’s digital.
Store value, in gold or another fiat currency, without ever needing to exit the crypto world.
Add a pegged digital currency to trading system and balance fiat and cryptocurrencies in real-time.
One of the core benefits of using this technology is its ability to help make payments via the use of Noku tokens. When a transaction is made using this platform, the central operational unit automatically executes a conversion that is free of any transaction fee, and thus helps us make trades in any currencybuy/sell any fiat or digital currency of our choice in a simple and efficient manner. All we have to do is choose a particular digital currency and add it to our personalized trading system. Once done, we have the option to either withdraw, trade or simply store the assets (all of the actions are conducted in real time).
As mentioned earlier, the Noku platform features an encrypted e wallet, that helps store all our valuable digital assets in the form of gold or any other fiat currency. All this is done digitally, without us having to move an inch from our computer screens.
(iii) Noku Trading Capability:
This platform has also been designed to help us buy/sell any fiat or digital currencytrading system. Once done, we have the option to either withdraw, trade or simply store the assets (all of the actions are conducted in real time).
Noku provides instruments for trading, saving, and making payments. With the Noku platform, everyone can create their own crypto economy, without having to write code. The crypto economy needs to be simplified for everyone.
Noku Pay is a Meta-Blockchain acting as a payment system. It allows virtually anyone with a smartphone to pay or transfer tokens and cryptocurrencies in real time and without incurring in any fees. The payment/collection system is free for everyone, for those who pay and those who receive funds. Noku Pay is integrated into both the Noku Web Wallet and the Noku Mobile Wallet.
Noku Pay will be integrated within Noku Wallet. Through the app, users can transfer cryptocurrencies and stable-coins, by topping up their Noku Pay wallet from any native wallet of other blockchains. When the Noku Pay’s balance is “topped-up” with Crypto and stable-coins the user will be able to send transactions to other Noku Pay wallets. Just like when you top — up the balance of your prepaid Visa or MasterCard.
Noku Pay is based on a Bitcoin-like technology. It stems from a fork of the Bitcoin main chain modified in order to integrate a token management system within it. In the first phase of the platform, the transactions will be validated through a PoA Consensus (Proof of Authority). When the Noku Pay network will reach a sufficient level of adoption, the PoA will be replaced by the PoS (Proof of Stake). At this point, there will be more nodes (staking NOKU tokens’ reserves) that will validate the transactions.
Noku Pay’s native currency is NOKU, even if you will not have to pay transaction fees, NOKU native tokens will be used for validating transactions through PoS (Proof of Stake) Consensus.
Ticker NOKU Type Cryptocurrency Additional Token Emission No Accepted Currencies
5% - Early Investors
10% - ICO
85% - Hold & Locked by Noku (released 5% per year)
20% - Research & Development
20% - IT Infrastructure
30% - Marketing
20% - Legal & Compliance
10% - Management & Administration
the potential for Blockchain Technology is so vast; it can find a place in nearly any business or industry, especially those with digital assets or where transactions occur digitally. Not only does Blockchain improve efficiency and scalability, it also improves security tremendously. In an age where transparency and accountability are essential for long-term success and growth, it’s safe to say that the power of Blockchain is exponential, with its potential only limited by the imagination.
For more information about the ICO, please visit the following links:
Bounty0x username: hassan500