About Kahn Technology Ltd
What is KhanChat ?
Kahn Technology Ltd., a UK based company, has proudly announced the launch of their all-new app called KahnChat, which is a social network as well as a mobile payment application. Although still in development stage, Kahn Chat is regarded as the App of the future, and it simplifies everyday activities by redefining social media combined with mobile payments and cryptocurrencies.
From simple text messaging to video calling or mobile payments, the new futuristic app will make a significant difference in the industry and tech-enthusiasts are already very excited about its launch.
"We are pleased to announce that the Pre-ICO will start on February 1st, 2018," said the spokesperson of Kahn Technology Ltd., while introducing the upcoming app. "Pre-ICO Sales before it goes for General ICO sales," he added. Moreover, the ICO will help in raising funds for the research and development through social media.
According to the spokesperson of Kahn Technology Limited, KahnChat is not just another traditional social media application. Instead, it is an upcoming lifestyle that will be adopted by many people around the world, and it will promote concepts such as cashless economy, easier communication, socialization and much more. Furthermore, the company's website offers detailed information about the remarkable technological innovation.
Why invest in KahnChat ICO?
Here are some other reasons why KahnChat ICO is the best ICO to invest in 2018.
Imagine a social networking app where you can not only chat and socialize with people but also you can send money, make transfers and even pay for your purchases, and not just with Fiat currency but also with cryptocurrency. How cool is that!
The KahnChat social networking and mobile payment app has all the features mentioned above and then some more. There is a separate digital wallet where users can manage their KCH tokens and use them for trading on stock exchanges and to buy things online/offline.
The various features of the KhanChat include:
• Mobile payment
• Fund transfer
• Cryptocurrency exchange
• Messaging
• Voice chat / message
• Video chat / conference
• File transfer
• Personal / Business page
• Private / Public group discussion
• Life moment sharing
• Blogging
• Live stream
• Mobile games
KhanChat can be used for several applications which include:
Restaurant
Pubs
Beauty salon
Entertainment
Fashion shop
Various types of supermarkets
Logistics
Takeaway
Taxi
Equipment rental
Online shopping platform
Commercial payment
Business transfer
Customer service platform
Business news push
Discount coupons
KhanChat Target Market
1. Revenue Growth in Mobile Payments
Mobile payment is one of the income streams for the KahnChat app. According to 'The UK Cards Association', £ 643.6 Billion was spent on cards in 2016 in the United Kingdom alone.
The KahnChat's mobile payment target is 1% of the market share after the launch of the mobile payment app. This accumulates to over £ 6.4 billion worth of transactions each year.
The KahnChat mobile payment transaction charge to a merchant is only 0.6% per transaction, giving the company a potential income of £ 38.6m from the mobile payment feature alone.
The forecast above does not include the other 27 EU member states and other countries across the globe. Consequently, the app has tremendous growth potential.
2. High Revenue in Card Transactions
According to "The Statistics Portal" source, the total value of the card transactions in the United Kingdom, Germany, France, Italy and Netherlands for the year 2016 is 1787.8b €.
These do not include the other 23 EU member states and other countries across the globe.
KahnChat's mobile payment target is 1% of the market share within 3 years after launching the app, which adds up to approx. 17b € worth of transactions each year.
With the KahnChat mobile payment transaction charge to a merchant being 0.6% per transaction, the potential income from the mobile payment feature sums up to 107m € per year.
Consequently, KahnChat app has tremendous growth potential.
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author : dhanax
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