KIBIS is an innovative kiosk supplier and operator that plans to become the principal payments provider for millions of people around the world. Using kiosks and offering a wide variety of services KIBIS will become a secure, fast and efficient option for people to easily access financial services whenever and wherever they want.
KIBIS kiosks will be used to make payments, such as paying a utility bill or topping up credit on a mobile phone as well as being able to buy cryptocurrency exchange vouchers. Our multi-faceted project incorporates self-payment self-service kiosks, blockchain architecture, advertising revenue streams, and cryptocurrency mining. KIBIS coin will decentralize market transactions, order book matching execution and high throughput payments with our e-Wallet payment network.
All of our self-service kiosks will be equipped with mining equipment; we will have access to low-cost electricity that will enable KIBIS establishing an efficient and prominent mining pool — a new and independent revenue stream. Kiosks will be placed in highly-accessible places such as shopping centres, squares, and popular attractions; this represents an opportunity for business partnerships with companies using our self-service kiosks to promote their brands to millions of potential customers on an almost-daily basis.
We are launching our own utility token on the Ethereum blockchain that will enable our user community to become part of a universal, decentralized payment network. The KIBIS coin will allow our users to transact on the self- service kiosks, entitle discounts from our service providers and advertisers. Moreover, providing reward tokens over a 36-month term as the intrinsic value of the coin increases participants benefit every month.
To raise funding as well as distribute our tokens effectively and seamlessly we will be hosting an initial coin offering (ICO), commencing shortly. Although we have a global focus, the high proportion of citizens in the Middle-East who remain unbanked makes this region our principal focus for mass adoption.
Our team has worked together for the last 6 years and has developed experience in the service-payment industry and IT infrastructure. This makes us ideally suited to take advantage of the various facets integral to the KIBIS project. We are very meticulous in designing, manufacturing and installing the kiosks as well as developing our custom operating software.
KIBIS has identified a widespread and serious problem that existing technology and payment networks have failed to solve. Through our innovative self- payment kiosks we have found a solution that brings financial services to millions of people; one that takes full advantage of cutting-edge technology that in the coming years will overhaul the foundations of the current payment infrastructure.