What is KLE?

KLE is a digital currency that facilitates currency exchange and promotes casino interconnectivity. Through cooperation with major casinos, a chip pile of the platform is established. Under the "Capital KLE Chip Pile" mechanism, users can buy the KLE in advance with funds on the exchange and then redeem the chip with KLE from the chip pile of the platform. In turn, when users leave the casino, they can go to the chip pile to redeem their chips to KLE and then exchange them into funds, which makes it more efficient and convenient for cross-border capital exchange and transfer, etc..

In China, users can buy KLE with funds on the exchange and then redeem chips with KLE from the chip pile, such as chip of Hong Kong dollar. This gives users direct access to services when they arrive at the casino, which makes large sums of money much more liquid internationally. It thus becomes easy to bring a large number of funds and chips into casinos of southeast Asia. Due to the nature of quick flow of KLE, the exchanges between chips will be quite efficient and convenient.

Currently, KLE can be exchanged to chips both online and offline in Myanmar's Crown Club and Royal Casino. Online exchanges are under way at several Cambodian casinos, where funds can be exchanged for chips offline. Several international casinos, such as the Royal Casino and Crown Club, KLE can be exchanged with funds both online or offline. With KLE as the medium, international casinos can exchange chips with one another.

Market Space of KLE

It is well known that have there are huge capital flows in casinos every year, many of which arriving there with great difficulties, while many others are even shut out because of the inconveniences. Meanwhile, KLE has been able to make those funds available to casinos efficiently and easily, thus creating tremendous capital value. By working with KLE, chips and funds are more easily exchanged among the major casinos. Casinos cooperating with KLE will realize the interconnection with one another and enjoy more capital source, which will drive the globalization of casinos and promote the creation of greater value of the gambling industry.

A series of the applications of the KLE will make it a superior digital currency, playing the significant role as digital currency in casinos. Meanwhile, the laws will run through KLE. Results will be presented impartially and decisions will be taken in compliance.

Solving the problem of non-interflowing of chips between international casinos and accelerating the speed of international capital flow, through KLE, users can use the mechanism of "Capital KLE Chip Pile" to reduce numerous auditing, annotation and queuing time, and thus quickly realize capital turnover and reduce transaction costs. Through cooperation with casinos, they can jointly promote the rise of gambling industry, create the global casino ecology and boost the globalization of casinos. It’s an innovative business model, and a highly efficient and valuable business model.

Development and Planning Goals of KLE

As an arising industry that promotes the globalization of gaming industry, KLE forge ties connecting users and casino worldwide. The development and planning of it is based on global markets and with the aid of blockchain technology, so as to become the only electronic currency globally that can exchange chips of local casinos in terms of token issuance, strategic operation and comprehensive expansion.

Token Issurance: In terms of technology, try its best to perfect KLE and make the blockchain technology serve the chips and capitals in casinos; In terms of capital, meet the requirements and continue to realize in-depth development; In terms of law, complete the full real-name registration system and complete the legal theory chain, replace the contract written by code language with legal documents written by natural language; In terms of system, complete the operation plan and implement it according to the request; In terms of security, form a system of multi-subjects of users, casinos and KLE.

Strategic Operation: By strategically cooperating with superior casino resources, KLE shall promote the interconnectivity among cooperative casinos, facilitate the exchange of chips and funds, and assist the efficient operation of cooperative casinos.

Comprehensive Expansion: After the successful strategic cooperation with the resources of casinos, KLE will continue to cooperate with other casinos all over the world to achieve global casino interconnectivity and realize the globalization of casinos.

The casino business and the gaming industry have long been known as the profiteering industry. With the development of the global economy, international casinos are becoming much more popular, especially the high-end upper class who invest heavily in casino activities. The globalization of casinos is already well under way, and the difficulty of capital flow among international casinos has created strong market demand for KLE. Through cooperation with major casinos for win-win results, KLE has established an efficient and convenient mechanism for chip exchange within international casinos.

Strong ability in creating business for casinos will bring greater market value to KLE. With a global presence in the casino business, KLE is on the verge of realizing wealth multiplication.