From 2011 until 2018, Karatbars was concentrated on selling physical gold and gold-based products. Throughout the course of 2018, the company has developed and implemented cryptocurrency blockchain and innovative technologies such as a cryptophone (IMpulse K1 Phone), digital payment system (K-Merchant) and ATMs (CashGold Exchange Machines / CEMs)into the business.
To make crypto payments even easier, Karatbars went further. A new blockchain-based smartphone (IMpulse K1) was conceptualized by the best blockchain developers all over the world and will allow making all secure crypto payments that a person needs.
Gold has increased in value against most currencies in the past years. It is also known that central banks hold at least 60% of all the gold and all the world. The person put his money in banks; they buy gold, they get 10%, and you get 1%. That is an excellent deal for the bank and a bad one or you. The problem is that 99% of the population do not have any gold, and that is exactly how rich by banks and governments like it to be. Most people wouldn’t know where to buy gold, and they think they can’t afford it and wouldn’t know how to sell it even after they have it. Karatbars led by Harald Seiz has come up with the solution by creating a new system of KaratGold payments.
We are at the first stages of the evolution of innovative currencies that can become a real alternative to existing fiat currencies. Right now, is the best time to benefit from the advantages of these currencies. As it is said: “The future belongs to those who see possibilities before they become obvious.”
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