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Kima: The Decentralized Money Transfer Protocol

Kima: The Decentralized Money Transfer Protocol

Kima is a decentralized, blockchain-based money transfer protocol. It settles interchain transactions, enabling apps to build on what they’re comfortable with, and leave financial friction in the past.

Kima’s technology uses hardware-based security measures to maintain the highest security standards that currently exist in Web3.

No Smart Contracts, No Code Vulnerabilities
Most inter-chain protocols make use of smart contracts. While smart contracts are a revolutionary advancement in blockchain technology, they’re still very buggy and experimental when trying to interact with multiple chains. This has resulted in billions of lost funds due to hacks and other attacks.

Any User, Any Blockchain
Why limit yourself to users of a single network?
Give any user – on any blockchain, using any asset – access to your products and service by using Kima’s groundbreaking decentralized technology.

All the Liquidity, All the Time
Kima’s efficient liquidity management algorithm ensures maximum liquidity depth. Liquidity providers benefit from very attractive yields thanks to the AI models that ensure maximum utilization of the deployed capital.

Every Transaction, Every time
Kima provides an unprecedented level of assurance and control. First, it validates that the necessary liquidity exists in the target chain before the transaction is sent. If a transaction still fails – it will be reverted. The user will know what’s happening at any point.

The Kima protocol defragments DeFi by providing an open infrastructure and building blocks for cross-chain apps: a robust technological infrastructure, pre-made functionality blocks, tokenomics and apps.

Blockchain protocols are siloed because of technical, financial and regulatory obstacles. As a result, DeFi is a collection of fragments: liquidity pools, options, vaults, strategies, future contracts – all of which are locked within the boundaries of the network and smart contracts. The result is poor user experience, limited functionality, insufficient liquidity and high costs.

To unlock value and increase adoption to reach a network effect, DeFi must become unfragmented. Services should be interoperable, interconnected (both cross-chain and off-chain), user-friendly and smart.

CREDIT

  • Agency/Creative: Basman Tenenbaum
  • Article Title: Kima: The Decentralized Money Transfer Protocol
  • Organisation/Entity: Agency
  • Project Type: Digital
  • Project Status: Published
  • Agency/Creative Country: Israel
  • Agency/Creative City: Tel Aviv - Yafo
  • Market Region: Europe
  • Project Deliverables: Brand Creation, Brand Identity, Graphic Design, Logo Design, Motion Graphics, Web Design
  • Industry: Financial
  • Keywords: blockchain finance kima decentralized

  • Credits:
    Designer: Dor Tenenbaum

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