KoHo Chain (KHC) is an upgraded inclusive finance (InFi) infrastructure on the blockchain. Inclusive finance refers to a framework allowing individuals and entities easy access to various financial products and services like credit, insurance, transactions, etc. The platform aims to upgrade the existing DeFi ecosystem while providing individuals with secure, fair, and transparent financial services.
According to its whitepaper, problems like unfair distribution of wealth, transparency, unjust development across regions, and low earnings are common in a centralized financial system. Thus, KoHo Chain aims to tackle the issues by developing a DeFi platform that enables users to trade and transact without relying on any centralized authority. The team intends to use the side-chain technology that facilitates the seamless transfer of crypto assets at pre-set charges. By using this technology, KoHo Chain seeks to expand the scopes of DeFi and encourage more cryptocurrency enthusiasts to participate in the trading of crypto assets.
As its website suggests, KoHo Chain is an improved public blockchain bridging the network side-chains to the Ethereum ecosystem. KoHo Chain intends to increase large-scale commercial utilization of the network. Hence, the network bridge acts as a privacy-preserving application allowing users to transfer digital assets across multiple blockchains. By doing so, KoHo Chain intends to resolve other issues, including scalability, gas charges, and waiting time for conducting the transaction.
The KoHo Chain ecosystem aims to facilitate users with features such as:
The KoHo Chain platform runs a governance DAO structure with the KHC native token. Using KHC, users can submit proposals or funding requests to improve the ecosystem. Further, users can earn KHC reward tokens by staking KHC and holding crypto-tokens in liquidity pools.
