September 30, 2021 – London, United Kingdom
Today, Kinesis Money, the monetary system backed 1:1 by precious metals, welcomes the ‘send-to-email’ function to its platform, facilitating the ease of rapid, secure and easy gold and crypto payments globally. Importantly, this feature update will reduce any barriers to entry to the crypto and gold investment markets.
With a rapid onboarding of new users to the platform, more will encounter the visibility and relevance of crypto and gold currencies in their everyday lives, opening the door for people to pay anybody in the world for their services, with the click of a button.
Until now, sending crypto payments required information from two partiesa sender and a receiver to exchange a private key, meaning ‘send-to-email’ will reduce any previous barriers for newcomers to crypto. The function allows instantaneous interaction with a user’s private crypto key via email, eliminating the need to exchange information, thereby making the sending of funds easier than ever.
Thomas Coughlin, CEO of Kinesis, said,
“We wanted to make the Kinesis platform more accessible than ever, eliminating any and all barriers to entry, with a feature that’s going to transform the way crypto payments happen on a global scale. It’s clear that users want the crypto sending process to be both practical and efficient so that digital assets become vital to our transactional lives.”
In addition, through the ‘send-to-email’ feature, existing system participants have the opportunity to invite non-users onto the Kinesis Money platform, automatically qualifying them to receive the ‘referrer’s yield.’
The referrer’s yield, launching next quarter, qualifies Kinesis participants for a 7.5% share of every single one of their referee’s Kinesis transaction feesfor life.
The ‘send-to-email’ function launches in advance of the retroactive referrer’s yield, built to trigger a large-scale adoption of the Kinesis Money platform. As the Kinesis system continues its global expansion, this feature will equip senders with a powerful means of entry into the world of digital gold currencies and crypto.