The Problems We Solve

The use cases are strong only if real world problems are being solved. KII is redesigning financial architecture to solve current industry problems within its geographical focus.

The Best Cash Settlements in Latam

Mainstream remittance and payment providers, tethered to archaic banking systems like ACH and SWIFT, grapple with inefficiencies, tardiness and inflated costs. Their modern counterparts, built on decentralized ledger tech, often falter at the “last mile”, rendering their P2P solutions uneconomical.

Kii Global’s ecosystem offers a much better on-ramp and off-ramp than any other provider in Latam. Typical on and off-ramp services have limits, delays, and generally are not a reliable way to onboard into crypto or to off-ramp into fiat. KII is able to utilize the local financial infrastructure, because they have built relationships with the local banks, which makes their services low cost, reliable, and without long delays. A spotlight feature of the exchange is its emphasis on "last mile delivery," addressing the importance of deep liquidity pairs against local fiat and the efficient verticalization of its on/off ramp rails for less than 1% cost.

Gas Fee Scalability for the Sensitive User with IBC

Scaling issues exist in current blockchain infrastructure because the amount of transactions processed in seconds is limited to total processing power. For example, Ethereum 2.0 can process roughly 30 transactions per second, therefore, it has to rely on sharding and rollups to scale horizontally and keep transactions flowing at minimal costs. High gas fees on Ethereum ($5 - $20 USD nominal) have prevented wide scale adoption among emerging markets. The majority of adoption thus far has been driven to more low cost gas networks like Tron. However, these networks are becoming more and more congested and the need for a more robust, structured decentralized solution is evident.

Cosmos BFT Tendermint can process roughly 10,000 transactions per second and is predesigned within the Inter-Blockchain Communication Pool (IBC). IBC works in conjunction with other layer 1s in the cosmos community to process transactions and keep gas fees minimal, forever.

Access to Institutional Liquidity & Credit

50% of individuals in emerging markets are underbanked and have extremely limited access to credit terms. The other 50% struggle with high banking costs and interest rates. Kii Global’s layer 1 with infrastructure for DeFi lending options mixed with the liquidity settlements of its centralized exchange is solving these problems.

Through bridging the capital disparities between developed and emerging economies, the Kii ecosystem will support a wide range of DeFi lending protocols tailored for emerging markets in parallel with KIIEX’s open liquidity to centralized applications.

User Friendly Tokenization

Cosmos based blockchains are built to deploy smart contracts written in Rust and deployed via CosmWasm. Although Rust is an advanced language of code with its benefits, there is a lack of real world developers who understand Rust, and companies who are looking to deploy their contracts with that language.

Kiichain has coded in the popular Solidity language for building and launching smart contracts, making Kiichain EVM compatible. Users can easily deploy their smart contracts, already written in Solidity, into Kiichain. Kii Global has built an in-house dedicated team to help deploy user’s smart contracts within the blockchain. Companies looking for assistance on how to build smart contracts can rely on Kii Global’s developers for support and assistance when writing and deploying code.

An Equitable Ecosystem Built for Latam

The Kii token and the Kiichain gives a chance for Latam locals to participate in an ecosystem built just for them, and one they can own a piece of. Users can earn a return on their KII by staking it through validator nodes, and rewards are replenished with 5% of Kii Global’s cash flow. This gives every Latam person an opportunity to take part of a community and a company with a vision of equitable justice for all.

A Compliant Ecosystem in Latam

KII is not at risk of clashing with the local government and banks, because the KII team has done the hard work of educating and building relationships with top banks and government officials in Latam. While most traditional financial institutions have a stigma as well as a lack of knowledge about crypto, KII is paving the way by building the infrastructure needed to offer frictionless cash settlement services. The KII team is a shining example of what right looks like, when it comes to compliance.