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Kinesis money
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Kinesis is a full-circle monetary system that uses a blockchain network where a suite of cryptocurrencies are built, traded, spent, and saved. It is backed by gold, silver, other precious metals. It is founded by Allocated Bullion Exchange (ABX), an electronic exchange for physical gold. Details Kinesis is founded by Thomas Coughlin, CEO of both Kinesis Limited and ABX. He recently introduced the efficiency of Kinesis as a blockchain system for trading gold in the Middle East. According to a press release, the company recently acquired Dr. Evan Luthra as the new advisor during the Monaco International Blockchain (MIB) tradeshow. It is also teaming up with Jakarta Futures Exchange (JFX) to help develop a blockchain exchange in Indonesia. JFX has a long working history with ABX to expand Indonesia's gold investments. The Indonesian National Sharia Council has endorsed the venture. |
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