cryptocurrency

Kinetic Network Token (KENT) is now available for trading on the LBank Exchange

Internet City, Dubai, August 26, 2022 – LBank Exchange, a global digital asset trading platform, listed the Kinetic Network Token (KENT) on August 26, 2022. For all LBank Exchange users, the KENT/USDT trading pair is now officially available for trading.

As a blockchain data exchange platform, Kinetic Network enables users including individual consumers to generate profits by selling their data anonymously and third party sharing. original code kinetic network icon (KENT) was listed on the LBank Exchange at 15:00 (UTC+8) on August 26, 2022, expanding its global reach and helping it achieve its vision.

an introduction kinetic network

In today’s world, data brokers are the ones who buy data from internet services and mobile apps that collect information about their users and track their in-app behavior, and use it to create profiles of individual consumers while making a lot of money. But consumers, who are already leading the industry, do not share in the profit. Consumers should demand a new standard for storing personal and sensitive information that is used in market research.

Kinetic Network is a blockchain data exchange platform that enables users, not data brokers, to sell their data. Using smart contracts, which carry out transactions between anonymous parties, users will be able to sell their data anonymously, just broad demographic information.

A unique combination of blockchain and Secure Multi-Party Account (SMC) makes it possible to enforce data exchange and payment between the provider and the data requester without the involvement of a third party. While the blockchain makes the exchange transparent, SMC keeps the data truly secure until an agreement is reached and paid for.

In addition, traditional marketing research firms collect data over a set period of time and provide a single report to their clients, but on a kinetic network, applicants will never have to close their request for data. Their reports, which they will be able to view at any time during data collection, are updated as data is received from service providers and transmitted by the smart contract.

As more data becomes available in the kinetic network, the data the platform makes available to applicants becomes more comprehensive, which in turn gives the ability to design more comprehensive reports, including those that collect data from more than one data request.

As a secure infrastructure for decentralized data exchange, the kinetic network will continue to develop various applications. It will initially focus on surveys, but it will also be the basis for other applications, such as ads and loyalty plans.

About KENT Token

Kinetic Network Token (KENT) is the original token for Kinetic Network. Anyone can purchase KENT tokens and use them to apply for data to the kinetic network, and people who fit the target demographics of the data requesters are compensated for their data in the KENT tokens.

Based on BEP-20, KENT has a total supply of 3 billion (3,000,000,000) tokens, of which 30% are for the ecosystem, 30% are for team and advisors, 5% are for events, and 35 will be used The remaining % is for marketing and will be reserved.

KENT token listed on LBank Exchange at 15:00 (UTC+8) on August 26, 2022, investors interested in Kinetic Network investment can buy and sell KENT token on LBank Exchange now. The inclusion of KENT token in the LBank Exchange will undoubtedly help him to expand his business and attract more interest in the market.

Learn more about KENT code:

Official Website: https://kinetic-network.com
cable:

About LBank

LBank is one of the best cryptocurrency exchanges, which was established in 2015. It offers specialized financial derivatives, specialized asset management services, and secure cryptocurrency trading to its users. The platform accommodates more than 7 million users from more than 210 regions worldwide. LBank is a cutting-edge growing platform that ensures the safety of users’ funds and aims to contribute to the global adoption of cryptocurrencies.

Start trading now: lbank.info

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caller data:

LBK Blockchain Company Limited
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