Based in Germany, KILT is a platform where companies and public institutions document the authenticity/authenticity of identities, data and products (approval, certificate). This platform aims to provide complete data sovereignty against the possibility of data misuse and fraud. Detailed information about what is KILT Protocol coin (KILT), how it works, how much it costs, how to buy it, which exchanges it is available on, etc. is in the continuation of the content. You can browse here for information about Starlink coin (STARL).
What is KILT Protocol coin and how does it work?
Behind the KILT project is Botlabs, a blockchain company partnered by Hubert Burda Media and Ringier AG. KILT is a platform where companies and public institutions certify the authenticity/authenticity of identities, data and products (approval, certificate).
This platform aims to provide complete data sovereignty against the possibility of data misuse and fraud. All data is stored in a decentralized manner and users retain complete control. This makes KILT resistant to attack, manipulation, and data loss. KILT coin is the native cryptocurrency of the project.
The KILT protocol allows a user to claim any characteristic feature about him or her through an entity called an “attester” (witness). Attester documents the request if the user approves. It issues the certificate to the claimer and stores the hash value of the certificate in the KILT Blockchain. These certificates can be revoked at any time.
After receiving the certificate, the right holder can present it to the services he/she wants to use. Individuals or institutions can check the validity of the certificate by comparing it with the hash in the blockchain. Users can hide any sensitive data they wish. By design, KILT protects users’ privacy in this way.
How to buy KILT coin and on which exchanges is it available?
KILT coin can be purchased from listed cryptocurrency exchanges. But before trading, it is necessary to make sure that the exchange is “RELIABLE”. So which exchanges are KILT coin available on? KILT coin is listed on exchanges like Kraken, etc.
What is the price of KILT coin?
As of December 22, 2021, the price of 1 KILT coin is around $5.31(The price can change instantly). The total supply of KILT coins is 151,251,450 KILT.
Caution: The information contained in this content is for informational purposes only. It is not investment advice.
For information about crypto currency: https://en.wikipedia.org/wiki/Cryptocurrency