Sibabrata Banerjee's Colleagues at KornChain Limited
Sibabrata Banerjee's Contact Details
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London, England, United Kingdom
KornChain Limited
Sibabrata Banerjee's Company Details
KornChain is a decentralised network of systems for programable currency distribution and exchange underpinned by Blockchain Technology.The KornChain network allows the instantaneous and secure issue, exchange, transfer and redemption of digital currencies across individuals and organizations through a trust-less Blockchain business network; using cryptographic proofs in lieu of trusted third parties and administrators.Current Proposition on The KornChain Network : Reward points distribution and exchange networkLoyalT® : LoyalT is a global reward points distribution network on blockchain. Our aim is to make reward points as liquid as money so that customers can collect points at one business and spend at another seamlessly. We do this by connecting enterprise loyalty programs with our blockchain network and providing exchange enabled loyalty program solutions to businesses that do not have one. LoyalT® is tailored to the businesses' objectives of customer acquisition, deriving network intelligence for personalisation and to drive repeat sales from their loyal customers.In its current state the KornChain network has multiple nodes across countries connected to form the global network. The network is being used for reward currency issue, redeem, exchange and transfer. Upcoming Propositions on The KornChain Network: CBDC (Central Bank Digital Currency) Distribution and Exchange NetworkThe KornChain network has developed all the capabilities that a central bank will need to issue and distribute CBDCs including benefits like Universal Basic Income (UBI) or Conditional Basic Income (CBI). The network will be able to connect with multi-country CBDC platforms to enable cross-border payments in near real-time while reducing costs all round. KornChain Network enables ‘programmable money' to flow as easily as email without sacrificing regulatory controls, monetary policy or personal privacy. Please contract us at contact@kornchain.com to explore more.