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Kalima Blockchain chooses BitMart Exchange to go public
KLX, Kalima Blockchain Token Will List on BitMart Exchange on February 2North Dakota 2023, making its utility token, the “KLX”, available for public trading and exchange, as announced on its social media platforms and channels.
After successful private sales rounds, with 5 million euros worth of KLX sold, KLX is believed to start a new trend in the cryptocurrency world in 2023, and buyers expect the listing on BitMart to propel KLX to new highs, given the reliable profile of Kalima and its usefulness it provides.
Kalima Blockchain, a project with the potential to become a unicorn
Kalima, a 3rd generation Layer 1 blockchain, is a rapidly expanding ecosystem that will enable enterprises, developers and startups to build the future of Web3 Enterprise and Data Governance applications, especially with Internet of Things (IoT) data. things), to solve real problems. world problems.
Users can independently govern, manage and monetize data using Kalima’s decentralized network of permissioned blockchains (PrivaChains), as well as create tokens for smart reward systems.
Kalima is a modular platform that allows developers to create decentralized applications (dApps) that are hosted on PrivaChains. Kalima was designed with the goal of generating new business models or improving existing ones, from data notarization to decentralized finance (DeFi), tokenization (NFT), data monetization, and Industrial IoT (IIoT) applications ( digital twins, predictive maintenance, Smart Infrastructure, etc.).
Kalima Network is designed to handle large amounts of sensitive data generated by industries and to have a smart contract that can manage real-time data at the edge. PrivaChains can connect with each other and with other leading public chains (Tezos, Lightning Network and soon Polygon and Cosmos hubs). Also acting as a layer 2 or 3 for Bitcoin, the Kalima Network is expected to have a major impact on widely adopted networks, driving the overall adoption of Kalima.
The KLX, the Kalima token, which will be listed on the Bitmart Exchange on the 2North Dakota February 2023, it has a utility required for Kalima functionalities. Unlike other BIoT (Blockchain for IoT) projects, such as Helium, Kalima’s KLX is not only designed to reward its users, but is used to protect the entire network. The KLX can be used for transaction fees, staking, validation pool creation, PrivaChains acquisition, and to enable various key functionalities on the Kalima Network (for example, data monetization on Oracle dApps).
Whether it is for companies or builders who want to benefit from the Kalima Network, creating dApps in the ecosystem is a natural process, actively supported by the Kalima foundation. Kalima provides powerful SDKs to develop dApps using standard languages and standard development tools, and then simplifies dApp development and maintenance. Over the years, the Kalima Foundation will host a series of developer hackathons and airdrops to help developers hone their skills, starting with the inaugural Kalima Developer Airdrop.
A project associated with key industry players
With an infrastructure suitable for global scalability, Kalima has recently partnered with key companies, in addition to its existing network of partners and associates.
One such key company is Kerlink, one of the world’s leading providers of connectivity hardware solutions for the deployment of public and private IoT (Internet of Things) networks. The first commercial solutions from Kerlink incorporating the Kalima Blockchain are expected to be widely available in the coming months.
As Yannick Delibie, Kerlink CTIO, stated, “The convergence between IoT and blockchain combined with tokenization is a key element in the near future to envision new business models, based on trusted architecture, data traceability, immutability and smart contracts or decentralized applications. . (DApps) at the edge of IoT networks”.
The Kalima offering is now also part of the Schneider Electric Exchange digital product offering, marking a new milestone in Kalima technology being widely available to businesses and private users.
Mutual trust found between Kalima and BitMart
Being a product created out of sheer necessity and functionality to meet the needs of the entire industry, Kalima Blockchain sought to ensure that its token listing would ensure uninterrupted progress towards its goal of being internationally available by 2023, while maintaining confidence that its base of users demanded BitMart is a global cryptocurrency exchange that allows users in over 180 countries to buy and sell digital currencies and tokens, whether they are beginner or experienced traders, it fits the right criteria for Kalima to be listed. With an advanced risk control system, operating a hybrid hot and cold wallet system, and implementing multi-signature technologies that have been reviewed and improved since 2021, BitMart ensures a level of security that reflects the trust that Kalima requires.
In the evolving era of blockchain and cryptocurrencies, Kalima Blockchain is defining a new “no hype” trend
Given the current global and cryptocurrency market conditions, one might ask, “Why now?” While the world of cryptocurrency has been flooded with “touted” projects that seemed to be revolutionary in their own way, from the beginning of the democratization of cryptocurrency investing until lately in the current bear market, a certain slowdown and mistrust has been felt towards such projects. for a few months from January 2023.
In fact, fueled by the notable failure of FTX, projects that would have been well regarded until a few months ago, such as artistic NFTs, metaverse worlds, superfluous layer 2-3 projects, and others, now receive less attention and praise. of investors. and cryptocurrency users, marking a new era defined by investors and users who are more cautious and profit-oriented.
Kalima is one of the projects that responds to these new expectations, being completely utilitarian. Not only is it a Tier 1 solution, but it has been designed for the modular creation of dApps, which will generate new business models or improve existing ones for companies. Kalima’s use cases range from data notarization to decentralized finance (DeFi), asset tokenization (NFT), data monetization, and industrial IoT (IIoT) applications (carbon tracking solution, smart infrastructure , predictive maintenance, digital twins and more). The KLX tokenomics is conceived in a way that it will reflect the growth and adoption of the Kalima Network, which has the ability to be adopted on a global scale, thanks to the modularity and technical aptitude that the project enables and presents.
Therefore, the timing of this inclusion fits very well with the vision of global adoption of the Kalima Network. Currently, the deployment of the Kalima Network is underway. In mid-2023, the network will begin to grow with the addition of six validation pools. Today, industrial PrivaChains are already running on the Kalima Network in production. The number of validation pools and PrivaChains running on the Kalima Network will increase over time.
When the Kalima MainChain launches in 2024, the KLX token will transition from an ERC20 token to a native KLX token on the Kalima Network. Any and all ERC20 holders will be able to convert their ERC20 token into the native KLX token.
With such utility, potential, and roadmap, Kalima’s listing on the BitMart exchange ushers in a new era for the blockchain and cryptocurrency sphere.
