Kalima Blockchain, an established Blockchain for Enterprise and IoT, KLX to list on BitMart on February 2, 2023
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Kalima Blockchain chooses BitMart Exchange to go public
KLX, the Kalima Blockchain token will be listed on BitMart Exchange on February 2ndn.d 2023, making the utility token, “KLX”, available for public exchange and trading, as announced on social media platforms and channels.
After successful private sale rounds, with €5 million of KLX sold, KLX is believed to start a new trend in the crypto world in 2023, with buyers expecting the BitMart listing to propel KLX to new heights, given the trusted profile of Kalima and its utility.
Kalima Blockchain, a project with the potential to become a unicorn
Kalima, a layer 1 third-generation blockchain, is a rapidly growing ecosystem that will enable enterprises, developers and startups to build the future of Web3 Enterprise and Data Governance applications, especially with IoT (Internet of Things) data, to solve real-world world problems.
Users can independently control, 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) hosted on PrivaChains. Kalima was designed with the goal of generating new business models or improving existing ones, ranging from data notarization to decentralized finance (DeFi), tokenization (NFT), data monetization and industrial IoT (IIoT) applications (Digital Twins, Predictive Maintenance, Smart Infrastructure and so on) .
Kalima Network is built to handle very large amounts of sensitive data generated by industries and to have a smart contract that can manage data in real time at the edge. PrivaChains are able to connect to each other as well as to other leading public chains (Tezos, Lightning Network and soon Polygon and Cosmos hubs). The Kalima network, which also acts as a layer 2 or 3 to Bitcoin, is expected to have a major impact on widely adopted networks, increasing Kalima’s overall adoption.
KLX, Kalima’s token, which is set to be listed on the Bitmart Exchange on the 2nd.n.d February 2023, has a tool necessary for Kalima’s functions. Unlike other BIOT (Blockchain for IoT) projects, such as Helium, Kalima’s KLX is not only designed to reward users, but is used to secure the entire network. KLX can be used for transaction fees, staking, creation of validation pools, acquisition of PrivaChains and to enable several key functions on the Kalima Network (eg: monetization of data on oracle dApps).
Whether it’s for businesses, or for developers who want to take advantage of the Kalima network, building dApps on the ecosystem is a natural process, actively supported by the Kalima Foundation. Kalima provides powerful SDKs for developing dApps using standard languages and standard development tools, and then simplifies the development and maintenance of dApps. Over the years, the Kalima Foundation will host a series of hackathons and developer airdrops to help developers hone their skills, starting with the first Kalima Developer Airdrop.
A project linked to key industry players
With an infrastructure adapted to global scalability, Kalima has recently partnered with key companies, in addition to the already existing network of partners and employees.
One of these key companies is Kerlink, one of the world’s leading providers of connectivity hardware solutions for the deployment of public and private Internet of Things (IoT) networks. It is expected that Kerlink’s first commercial solutions incorporating the Kalima Blockchain will be widely available in the coming months.
As stated by Yannick Delibie, Kerlink CTIO, “The convergence of IoT and blockchain combined with tokenization is a key element in the near future to envisage new business models, based on reliable architecture, data traceability, immutability and smart contracts or decentralized applications (DApps) at the edge of IoT networks”.
Kalima’s offer is now also part of Schneider Electric Exchange’s digital product offering, and marks a new milestone in Kalima’s technology that is widely available to businesses and private users.
Mutual trust found between Kalima and BitMart
As a product created out of sheer necessity and functionality to meet industry-wide needs, Kalima Blockchain sought to ensure that the listing of their token would guarantee uninterrupted progress towards the goal of becoming internationally available by 2023, while maintaining the trust of its user base. demanded. BitMart is a global cryptocurrency exchange that allows users in 180+ countries to buy and sell digital currencies and tokens, whether they are beginners or experienced traders, it fits the right criteria for Kalima to be listed on it. With an advanced risk control system, operation of a hybrid hot and cold wallet system and deployment of multi-signature technologies that have been reviewed and improved since 2021, BitMart ensures a level of security that reflects the trust Kalima demands.
In the Evolving Blockchain and Cryptocurrency Era, Kalima Blockchain Defines a New “Non-Hype” Trend
Given the current global and cryptocurrency market conditions, one might ask themselves, “Why now?” While the crypto world was flooded with “hyped” projects that all seemed to be revolutionary in their own way, from the beginning of the democratization of cryptocurrency investment to the latest in the current bear market, a certain decline and distrust of such projects has been felt. for a few months from January 2023.
Indeed, reinforced by the remarkable failure of FTX, projects that would have been well regarded until a few months ago, such as artistic NFTs, metaverse worlds, redundant tier 2-3 projects and others, are now receiving less attention and praise from investors and cryptocurrency users, marking a new era defined by investors and users who are more cautious and utility-driven.
Kalima is one of the projects that responds to these new expectations, it is completely utility-driven. Not only is it a Tier 1 solution, but it is designed for modular creation of dApps, which will generate new business models or enhance existing ones for enterprises. Kalima 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 Tokenomics of KLX is conceived in a way that will reflect the growth and adoption of the Kalima Network, which has the capacity to be adopted on a global scale, thanks to the modularity and technical capability the project enables and has.
The timing of this entry therefore fits very well with the vision of global adoption of the Kalima network. Currently, the rollout 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 switch from being an ERC20 token to becoming a native KLX token on the Kalima network. Each and every ERC20 holder will be able to convert their ERC20 token to the native KLX token.
With such utility, potential and roadmap, Kalima’s listing on the BitMart exchange starts a new era for the blockchain and cryptocurrency sphere.
