About KNL Platform Aug 08, 2019
What does the company / project do?
Kernel -Trade is a blockchain platform that symbolizes agricultural assets. Find out how it works today in our review. Link to the website: https://www.knl.asia
What is Kernel Trade?
Blockchain technology has enabled us to digitize almost everything – so why not tokenize agricultural assets? This is exactly what Kernel-Trade plans to do. The platform aims to stimulate development for all types and sizes of farms around the world by placing agricultural assets on the blockchain.
KNL is a token used to access investment projects on the Kernel-Trade platform. And the tasks that the Kernel-Trade platform intends to solve is to help agricultural companies and SMEs (small and medium enterprises) tokenize commodity and other assets and launch their tokens through the internal exchange and fund of commodity assets on the Kernel-Trade platform.
An agricultural company can participate in the digital currency market by selling tokens, which are a share of its assets.
How does Kernel-Trade work?
Kernel-Trade presents itself as one of the first platforms for the marketing of agricultural assets. https://www.knl.asia
The platform will analyze agricultural companies and SMEs (small and medium enterprises) before adding them to the platform. Here is a basic overview of the process:
Step 1) Analysis of agricultural companies:
Kernel-Trade will check agricultural land and other assets owned by the agricultural company or SME. Conducting legal audit, business audit and agricultural audit.
Step 2) Choosing the most optimal jurisdiction:
Kernel-Trade will find the agricultural market of this company and “choose the most optimal jurisdiction” based on its portfolio of assets.
Step 3) Kernel-Trade will create an intellectual contract:
🔹 A pledge agreement is signed between the agricultural company and the escrow companies. The agreement is governed by an intellectual contract.
Step 4) Tender Campaign:
🔹Kernel-Trade: sale of tokens of agricultural companies or SMEs. They are called asset-backed tokens or ASTs (asset-backed tokens are tokens that are backed by grain, land, and property). Users can purchase tokens of agricultural companies and SMEs with the accrual of dividends, as well as the ability to sell tokens in the secondary market. To do so, an internal exchange and a fund of commodity assets will be launched to effectively invest in agricultural companies.
In general, Kernel-Trade creates a playground for the use of commodity assets as a financial instrument among agricultural companies and SMEs, investors and traders. We want to allow any agricultural company and SME – small or large – to compete successfully. We aim to increase efficiency in all sectors.
Some of the main functions of the Kernel-Trade platform include all of the following roles:
Development of smart contracts allowing markers to be placed on a platform with optimal logic for each type of AST, including all the necessary functionalities written in a smart contract in the form of a legal agreement and mortgage receipts.
Software development that provides a convenient way to obtain all the necessary information for decision-making by each of the parties, including the asset owner, investor and traders including automation solutions.
Definition of rules for legal structures of each AST:
These rules are designed to protect the interests of investors, traders and minimize any legal risks, ensuring the mandatory implementation of any decisions made by token holders.
Setting rules for technical inspection of assets before and after any tokenization to ensure that agricultural companies and SMEs (small and medium enterprises) remain transparent and honest with respect to their assets.
Monitoring the dynamics of tokens, identifying and preventing negative events, as well as illegal actions against token holders.
An advice on resolving problems and conflicts, including the creation of an arbitration court that will resolve conflicts if both parties request and consent (both parties must agree that they are bound by the rules).
Types of AST available with Kernel-Trade:
Three main types of asset tokenization are defined on the Kernel-Trade platform, which will be implemented on the platform, including:
1) sharing in the enterprise;
2) movable and immovable property;
3) goods in circulation (three types of tokenized assets)
These ASTs (token secured by assets) are tokens of individual agricultural companies and SMEs (small and medium enterprises) that will place their AST types (secured by token assets) on the Kernel-Trade platform. These companies must be tested in accordance with the rules of the platform. The key agricultural and other assets will be transferred as collateral for special escrow services, which will allow companies to gain access to funds and minimize risks from all sides.
These are tokens, which are an investment fund in an agricultural and SME company. With these AST (Asset-Secured Token), the profit from the agricultural company is distributed among the token holders, minus the premium and fund management costs.
AST assets group:
ASTs may also represent a group of assets. When using these types of AST, the token holders are entitled to share of income and profits from the sale of assets in a certain segment, for example, at all wheat flour production enterprises. These ASTs will be created by the Kernel-Trade platform as a basket of funds. This allows our investors to invest in all agricultural and SME sectors of the economy.
Kernel-Trade is a platform that aims to activate agricultural assets and assets of non-public SMEs (small and medium enterprises). We want to help agricultural companies and SMEs to take the advantage of such systems in quick and profitable financing. Using Kernel-Trade, the agricultural companies and SMEs can attract the capital that can be used for future development.