Kima Solutions Elevate Financial Infrastructure
Universal Payment Rail (UPR)
Revolutionising Global Value Transfer
A groundbreaking solution designed to facilitate seamless payments and value transfer across multiple currencies, rails and platforms. UPR is engineered to integrate traditional financial systems with cutting-edge blockchain technologies, creating a unified, efficient, and versatile payment network.
Universal Payment Rail (UPR)
Revolutionising Global Value Transfer
The Universal Payment Rail (UPR) is designed to simplify and optimize money transfers across different currencies and platforms. It serves as a fundamental transfer protocol with added connectivity to bank accounts, bridging traditional finance (Web2) with blockchain networks (Web3). UPR provides a single API for seamless fund transfers, whether cross-chain, on/off ramps, or fiat-to-fiat. It unifies global payment systems, facilitating smooth and efficient money transfers. Think of it as a global network linking every bank account and digital wallet worldwide.
Key Features:
Multi-Currency Support
UPR supports a broad range of currencies, including major ones like the Euro and Dollar. On the crypto side, it covers stablecoins across nine blockchains, including tokenized deposits and CBDCs on private, permissioned chains, ensuring expansive global reach and functionality. No other solution offers this level of comprehensive support.
Integration with Bank Accounts and Payment Infrastructure
UPR seamlessly connects decentralized financial protocols with traditional banking systems for cross-ecosystem transactions. This integration enables fiat on- and off-ramps, supporting seamless transfers between bank accounts and blockchain networks. Kima’s solution enhances interoperability, making it easy for businesses and consumers to move between fiat and digital currencies, without needing complex third-party solutions. This ensures a smoother user experience, reduced friction, and faster settlements in both domestic and international payments.
Blockchain and DLT Connectivity
UPR bridges public and private blockchain networks. It supports both permissioned and permissionless systems, fostering interoperability in the digital asset space.
Versatile Asset Handling
UPR supports a wide range of asset types, offering unparalleled versatility in handling both digital and fiat currencies. This allows users to perform transactions across multiple ecosystems, seamlessly switching between assets like stablecoins, cryptocurrencies, CBDCs, and traditional fiat currencies.
Enhanced Security and Efficiency
By avoiding the use of smart contracts, Kima significantly reduces the risk of vulnerabilities, such as bugs, exploits, and attacks, which are common in the DeFi space. UPR streamlines the transaction process, reducing the number of steps and interactions typically required in traditional smart contract-based swaps. This simplicity leads to faster, more efficient transactions with lower fees, improving the overall user experience while maintaining robust security standards.
Benefits:
Global Reach
Facilitate international transactions with ease, enabling businesses and individuals to transact across borders without the traditional complexities and delays.
Innovative Integration
Combine the reliability of traditional financial systems with the disruptive potential of blockchain technologies, paving the way for innovative financial solutions.
Flexibility and Adaptability
Cater to a diverse range of currencies and assets, providing a versatile solution that can adapt to various financial needs and market conditions.
Enhanced User Experience
Simplify the payment process for users by integrating multiple payment systems into a single, cohesive network.
Liquidity as a Service (LaaS)
Transforming Liquidity Management
LaaS revolutionizes liquidity management by enabling financial platforms and blockchain ecosystems to access liquidity across multiple assets and networks, including fiat and unsupported currencies, while ensuring compliance and efficiency.
Liquidity as a Service (LaaS)
Transforming Liquidity Management
Liquidity as a Service (LaaS) is a solution designed to simplify and optimize liquidity management for businesses, financial institutions, and decentralized ecosystems. By offering access to a decentralized network of liquidity providers, LaaS enables seamless transactions across various financial networks, ensuring that liquidity is readily available where and when it’s needed. LaaS offers infrastructure that facilitates the movement of liquidity across ecosystems, bridging fiat, stablecoins, and other digital assets without maintaining large reserves of assets.
How LaaS Works:
LaaS uses a decentralized infrastructure to pool liquidity from various sources. When a business or financial institution needs liquidity for a transaction, the LaaS provider allocates funds from the pool, enabling instant and secure settlements. By doing so, it eliminates the need for businesses to hold large sums of money in reserve across multiple platforms.
Key Features:
Multi-Asset and Multi-Chain Liquidity
LaaS provides a single point of connectivity, offering access to liquidity from a wide range of assets and blockchain networks, eliminating the need for bridging between assets. This unified access simplifies the management of assets across different platforms and enhances overall operational efficiency.
Reduced asset and operational risks
By outsourcing liquidity management and integrating traditional fiat currencies, LaaS reduces the operational burden on exchanges, leading to narrower spreads and reduced asset and operational risks.
Regulatory Compliance
LaaS integrates on-chain KYT (Know Your Transaction) and AML (Anti-Money Laundering) checks, ensuring that all transactions adhere to regulatory standards while maintaining the highest levels of security and integrity.
User Experience Enhancement
By simplifying the process of accessing and managing liquidity across various chains, LaaS reduces user friction and boosts transaction volume, delivering a smoother and more efficient trading experience.
Benefits:
Expanded Liquidity Access
Businesses can now tap into liquidity from blockchain networks that were previously unsupported, broadening their reach and market participation.
Operational Streamlining
The integration of fiat and digital asset liquidity in a single platform reduces complexity, lowers costs, and enhances operational efficiency, resulting in narrower spreads.
Risk Reduction
Outsourcing liquidity management minimizes the risks associated with handling assets across multiple chains and reduces overall operational risk.
Regulatory Assurance
With on-chain KYC and AML checks, exchanges can operate with confidence, knowing they meet stringent regulatory requirements.
Improved User Experience
By simplifying access to diverse liquidity sources, LaaS reduces friction for users, leading to increased trading volumes and a more robust marketplace.
Delivery vs Payment (DvP)
A New Approach to Transaction Settlements
An innovative approach to executing atomic swaps without relying on centralized escrow or smart contracts. Leveraging decentralized escrow accounts, Kima's DvP mechanism significantly reduces counterparty and regulatory risks and streamlines the transaction lifecycle.
Delivery vs Payment (DvP)
A New Approach to Transaction Settlements
Kima’s Delivery vs Payment (DvP) Mechanism is a cutting-edge method for settling Real World Assets (RWA) on-chain. It enables buyers and sellers to exchange ownership through a single, secure, and atomic transaction. Unlike traditional systems that depend on central authorities or complex smart contracts, Kima’s DvP uses decentralized escrow accounts, eliminating the need for trusted intermediaries and mitigating man-in-the-middle risks.
This decentralized escrow ensures that transactions only occur when both parties meet their conditions, significantly reducing counterparty risk.
As the Bank of Israel explores use cases for utilizing Central Bank Digital Currency (CBDC), Kima was selected to participate in the challenge. Kima implemented a secure mechanism for peer-to-peer settlement of tokenized RWAs, using the Digital Shekel and fiat Shekel seamlessly, bridging digital and traditional currencies without the need for a central intermediary.
Key Features:
Real-Time Settlements
Kima enables real-time settlement of transactions, allowing assets and payments to be exchanged instantly between parties. This reduces delays in processing, enhances liquidity by freeing up funds immediately, and minimizes counterparty risks, as both parties fulfill their obligations simultaneously.
Decentralized Escrow Accounts
These accounts enable secure, trustless transactions through atomic swaps, ensuring that assets are exchanged between parties only when both sides meet their agreed-upon conditions. Unlike traditional escrow systems, which require a trusted third party to oversee and execute the transaction, decentralized escrow accounts remove the need for intermediaries.
This approach reduces costs, minimizes the risk of manipulation, and eliminates any “man-in-the-middle” vulnerabilities. Kima’s decentralized escrow accounts offer a more efficient and secure alternative to traditional methods, ensuring transparency, reducing counterparty risk, and improving the overall transaction experience.
Interoperability with Blockchain Networks
Kima facilitates seamless cross-chain transactions across a variety of blockchain networks, enabling real-time settlements of tokenized assets without being restricted to a single blockchain ecosystem.
This interoperability allows businesses and financial institutions to conduct transactions involving multiple digital assets and currencies. By bridging these networks, Kima’s DvP solution offers broader market access, increasing liquidity options and expanding market opportunities. Additionally, it provides businesses with the flexibility to settle transactions in both digital and fiat currencies, enhancing the usability of the DvP mechanism across the traditional ecosystem.
Seamless Integration
Kima’s DvP product integrates effortlessly with different blockchain networks, making it an ideal solution for businesses that operate across multiple digital asset ecosystems. This simplifies operations and reduces the complexity of managing various networks.
Enhanced Security and Transparency
Kima’s DvP reduces risks associated with centralized systems by eliminating potential single points of failure, ensuring a more secure and resilient transaction process. Additionally, every transaction is recorded on the blockchain, providing a transparent, immutable ledger that can be audited in real-time, enhancing overall trust and accountability.
Benefits:
Reduced Counterparty and Intermediation Risks
Kima mitigates counterparty risk by ensuring that assets and payments are exchanged simultaneously through atomic swaps. By removing intermediaries and utilizing decentralized escrow accounts, Kima also eliminates the risk of third-party manipulation or failure. This creates a secure, trustless environment where transactions are settled reliably and efficiently.
Streamlined Transaction Lifecycle
Simplify and expedite the entire transaction process, from initiation to settlement, reducing operational complexity.
Seamless Multi-Asset Transactions
Connect easily with both fiat and digital assets, including stablecoins and tokenized assets, ensuring versatile and compliant value transfer.
Enhanced Liquidity
Real-time settlements and support for secondary market trading boost liquidity and market participation.
Robust Security and Traceability
Blockchain-based transaction records provide an immutable and transparent audit trail, enhancing trust and security.
Universal Messages Conduit (UMC)
Bridging Disjointed Systems with Secure Data Transfer
A groundbreaking solution designed to enable secure, verified message transfer between disparate web2 and web3 systems without the need for tight point-to-point integration. UMT ensures unparalleled security and efficiency in transmitting data, serving as a vital conduit for zero-knowledge proof operations and confidential computing.
Universal Messages Conduit (UMC)
Bridging Disjointed Systems with Secure Data Transfer
The Universal Message Conduit (UMC) is a cutting-edge solution designed to enable secure, seamless data exchange between traditional (Web2) and decentralized (Web3) systems. UMC ensures the confidentiality and integrity of sensitive data transfers through encryption, while also facilitating the exchange of non-sensitive, open data. With zero-knowledge proof (ZKP) integration, UMC supports privacy-enhanced workflows, allowing data validation without revealing underlying information. Additionally, UMC performs attestation services for critical use cases like supply chain verification and regulatory compliance, and it provides secure API write actions to bridge Web2 infrastructure with decentralized networks. Its multi-layered security approach safeguards data vaults with encryption, role-based access control, and blockchain-based record-keeping, ensuring robust protection against cyber threats.
Key Features:
Secure Data Transfer
UMC facilitates the secure transfer of sensitive data, including encrypted user data, ensuring confidentiality and integrity. It also manages the exchange of non-sensitive, open data across web2 and web3 systems, serving as a bridge between traditional and decentralized networks.
Zero-Knowledge Proof Integration
Acting as a secure channel for zero-knowledge proof (ZKP) transfers, UMC enables confidential computing workflows, enhancing privacy and security in data transactions. Data can be validated without exposing underlying information.
Attestation Operations
UMC performs attestation services for various use cases, such as supply chain verification and regulatory compliance. It ensures that verifications and data exchanged across parties is reliable and trustworthy without the need for a trusted 3rd party.
Web2 API Write Actions
UMC provides the capability to invoke APIs that write data, facilitating seamless integration with existing web2 infrastructure. This ensures that traditional systems can interact effortlessly with modern decentralized networks.
Benefits:
Enhanced Security and Verification
UMC ensures sensitive information remains confidential while being validated and verified.
Seamless Integration
Bridging web2 and web3 systems, UMC enables seamless message exchanges, allowing fluid movement of information between traditional IT infrastructures and decentralized blockchain networks.
Attestation
UMC provides verifiable proof of data authenticity and integrity, helping organizations meet data regulatory standards.
Operational Efficiency
Streamlining the data transfer process reduces operational complexities and overheads. UMC facilitates quick, secure, and verified data exchanges, enhancing overall efficiency and productivity.
Flexibility and Scalability
UMC adapts to various applications and industries, from logistics and supply chain management to financial services and regulatory compliance. Its scalable architecture ensures it can grow with evolving business needs.
Multi-Chain Token (MCT)
Overcoming Market Challenges with Seamless Integration
Designed to address the complex challenges of managing tokens across multiple blockchain networks. This innovative solution ensures seamless integration, enhanced security, and operational efficiency, enabling smooth token transactions and interactions across different chains without relying on bridges and smart contracts.
Multi-Chain Token (MCT)
Overcoming Market Challenges with Seamless Integration
Kima’s Multi-Chain Token (MCT) solution offers a groundbreaking approach to token interoperability across multiple blockchain networks. By abstracting the complexities of token transfers between different ecosystems, MCT allows users to move assets seamlessly without needing to rely on traditional bridges or wrapping mechanisms. This solution ensures that tokens retain their original characteristics and value, regardless of the blockchain they are transferred to.
Key Features:
Cross-Chain Liquidity
Effortlessly access liquidity across diverse blockchain ecosystems.
Security and Efficiency
Eliminating the risks associated with wrapped tokens, reducing vulnerabilities inherent in cross-chain transfers.
User Experience
Providing a simplified, transparent process for transferring and managing tokens across networks without requiring specialized technical knowledge
Reduced Costs
Optimized gas fees by removing the need for intermediary smart contracts or third-party bridges.
Benefits:
By enabling seamless token movement across various blockchains, Kima’s MCT solution empowers users to interact with decentralized finance (DeFi), non-fungible tokens (NFTs), and other blockchain-based applications in a flexible, secure, and efficient manner.
What is Kima
Kima Finance is a cutting-edge distributed financial protocol designed to facilitate secure, efficient, and seamless transactions across various ecosystems. By leveraging advanced technologies such as native EOAs as pools, Light Clients, Trusted Execution Environment (TEE), Threshold Signature Scheme (TSS), and an innovative liquidity management system, Kima ensures high security, decentralization, and liquidity flow across multiple ecosystems.
Kima’s unique architecture offers various business solutions such as on/off-ramp functionality through its ability to connect blockchain technology with other financial APIs. Additionally, Kima facilitates unique decentralized delivery versus payment, atomic swaps, secure messaging, and multi-chain token distribution. This comprehensive approach enables users and platforms to transact with ease, providing a robust solution for decentralized finance (DeFi).
What Makes Kima Unique?
Asset and Data Agnostic
Support for any asset (fiat currencies, digital assets, CBDC, tokenized real-world assets) and any type of data.
Seamless Integration
Translates to reduced costs and fast deployments.
A Secure Alternative to Vulnerable Smart Contracts
The use of smart contracts may lead to unforeseen interactions, complexity and potential failures.
Works With Any Backend Technology
A flexible connectors architecture enables streamlined processes and enhanced efficiency.
How a Kima Transaction Works: A Step-by-Step Guide
Step 1
Initiating the Transfer
A user initiates a cross-ecosystem transfer within the application they’re using, which integrates Kima’s technology. This application provides Kima with essential transfer details -- origin, destination, asset type, and amount -- to enable a seamless transition to the destination network. Unlike traditional smart contracts, Kima employs a secure account mechanism to manage the transaction efficiently, ensuring optimal security and transparency.
Step 2
Validating the Transaction
Kima’s validators perform a streamlined validation process using Light Clients, allowing for efficient verification without the need for resource-intensive full nodes. This distributed approach avoids single points of failure, enhancing the network’s resilience. Validators confirm that the user is authorized to approve the transaction, verify the accuracy of the approved amount in the origin account, and ensure sufficient liquidity is available in the destination account -- establishing a secure foundation for a smooth, uninterrupted transfer.
Step 3
Securing the Source Transaction
Kima’s validators employ Threshold Signature Schemes (TSS) to sign transactions, enhancing security and distributing control. This approach securely activates the transfer of liquidity from the user’s wallet to Kima’s account on the origin network. Validators then monitor the required number of blocks to confirm finality on the origin blockchain, establishing a secure foundation for the transaction.
Step 4
Completing the Destination Transaction
Once the transaction is confirmed and finalized on the origin blockchain, Kima’s validators authorize a new transaction that releases the appropriate amount of liquidity from Kima’s account to the user’s wallet on the destination network. Upon finalization of this transaction, the Kima transfer is successfully completed.
Step 5
Liquidity Re-balancing
Kima’s liquidity management engine dynamically re-balances assets to maintain optimal liquidity across networks.
Kima Security
Interoperability Without Vulnerabilities
- Smart Contracts Not Needed: Kima’s unique technology enables secure cross-ecosystem transactions without relying on smart contracts, removing technological dependencies.
- Minimized Vulnerabilities with Native Assets Only: By eliminating smart contracts and handling only native assets, Kima reduces technical risks and removes the need for vulnerable wrapping or synthetic tokens, strengthening cross-ecosystem security.
- Distributed Architecture: All transactions are on-chain, with no centralized off-chain relayers and no single point of failure.
- Flexible Deployment Options: Compatible with public chains, on-premise setups, or managed networks.
- Patent-Pending Security: Our patent-pending approach represents a breakthrough in secure, interoperable transactions across financial systems.
Beyond Key Control: Kima’s MPC Vaults
- EOAs with Sharded Private Keys: Kima uses Externally Owned Accounts (EOAs), where private keys are securely split into shards and stored on validator machines, enhancing security.
- TSS for Enhanced Security: A robust, committee-based Threshold Signature Scheme (TSS) ensures that no single entity can control the funds, preserving decentralization and integrity.
- Trusted Execution Environments (TEEs): Kima’s validators leverage Intel SGX hardware to implement TEE, providing top-tier hardware-based security, raising the bar for Web3 security standards.
Direct Atomic Transactions, No Middleman
- Non-Custodial by Design: Kima doesn’t take possession of customer funds; instead, it authorizes secure atomic swaps directly between customer wallets and bank accounts.
Build Seamlessly Across Ecosystems
Effortlessly bridge the gap between disparate blockchains and financial ecosystems with Kima’s revolutionary settlement protocol.
Designed for developers, Kima offers easy integration without changes to your backend systems. With a single SDK/API, you can seamlessly work with digital assets, fiat currencies, and legacy financial systems. Enjoy secure deployment in your preferred environment—whether public, on-prem, or managed.
What others say about Kima
Smart contracts have many practical uses, but they may need to be viewed as a “proof-of-concept” rather than the key to universal adoption.
As DeFi builds a more stable and sustainable foundation for the industry, a greater focus is on infrastructure projects like Kima, which provides tools and interfaces to link DeFi with traditional bank accounts and credit cards.
Kima and Mastercard’s (NYSE:MA) FinSec Lab have launched a project to develop a DeFi credit card supported by the Israel Innovation Authority. This partnership hopes to make decentralized finance (DeFi) tools as accessible and user-friendly as your everyday credit card.
The people behind Kima
Leadership 0
Co-founder and CEO
Eitan Katz
30 years of experience in deep tech companies. Founder of HP’s Innovation Incubator Creator of one of the first prototypes of a cold wallet for Bitcoin.
Co-founder and COO
Tzahi Kanza
Blockchain innovator since 2013, founder of Titanium Technologies, FutureBlock Ventures, and more. Serial entrepreneur with successful exits, holds diverse law, economics, and business education.
Co-founder and CTO
Guy Vider
Over 25 years of tech leadership, developing solutions for startups and consulting for Fortune 500 companies. Fintech, blockchain, and security industries veteran, an expert in computer science and mathematics.
CPO
Dan Scheinmann
Dan Scheinmann CPO, 20 years of experience in financial markets, held various roles with top-tier Investment Banks and Asset Managers, responsible for conceiving and implementing emerging products and platforms at JP Morgan, UBS, Standard Life Investment and most recently Bank Leumi.
CMO
Tomer Warschauer Nuni
Over 20 years of digital marketing expertise focusing on Web3 since 2017. Serial entrepreneur with successful exits, writer at Forbes and Cointelegraph, and Forbes Business Development Council member.
VP R&D
Wael Shama
Over 10 years of tech and Web3 experience, lead blockchain development for various EU banks, merges entrepreneurial spirit with corporate proficiency.
Backed by 0
Ecosystem partners 0
Innovation & Research Grants 0
Advisory 0
Amid Yazdi
Product Owner at ANZ, GameFi Influencer, and ChainGPT Pad manager.
Amit Peled
CSO at Pink Moon Studios. Former Product Marketing Specialist at Playtika, a Senior Product Manager at Banx.one, and Head of Product at JETT.
Angus O'Callaghan
Managing Partner at UIST, previously Digital Assets Corporate Development at Deutsche Bank.
Avi Rubin
An ML, Data Science, and algorithms expert. Specializes in sophisticated ML-based financial and trading systems.
Ilan Rakhmanov
CEO & Founder of ChainGPT, proven entrepreneur, MLM & AI expert. Forbes Technology Council member & contributor.
Jeff Nowak
Blockchain Advisor, Maven Capital partner, and Head of Ops at Starfish. Former COO at Umbo, Inc.
Ivan Liljeqvist
Founder and CEO of Moralis Web3 (“Ivan on Tech”), leading blockchain educator and content creator.
Keith Bear
Member of the Bank of England’s CBDC Technology Forum and the Investor Trends and Research Working Group at the European Securities and Markets Authority (ESMA), previously VP of Financial Markets at IBM.
Tal Cohen
A serial entrepreneur and former CEO of Kraken US
Mario Nafwal
A serial entrepreneur, Founder & CEO of IBC Group, and ex-advisor at NFTtechnologies.
Michael Amar
Co-Founder of Paris Blockchain Week and General Partner at V3ntures Capital.
Milko Hensel
Head of Digital Partnerships at Maerki Baumann & Co. Private Bank.
Nick van der Kolk
CMO at GT-Protocol, and Managing Partner at SpiderSilk Capital. Former VP of Sales of KuCoin Exchange and former Sales Manager EMEA of HubSpot.
Prof. Brett Hemenway Falk
Research professor at the University of Pennsylvania. He focuses on blockchain, cryptography, coding theory, and network analysis.
Prof. Evgeny Lyandres
Head of the Blockchain Research Institute at Tel Aviv University.
Prof. Zvika Afik
Specializes in finance, focusing on financial derivatives, risk management, and hedging.
Rita Martins
Head of FinTech Partnerships at HSBC Bank, Speaker at Oxford University.
Shai Sand
Former Product Manager at Apple and Microsoft, and ex-Intel Senior Process Engineer.
Uri Stav
Former Chief Security and Development Officer of Genesis and CDG, is a technology, security, and cryptography professional involved in digital assets, blockchain technology, and cybersecurity since 2009 when Bitcoin first appeared.
Vlad Balaban
Co-Founder & CBDO of GT-Protocol, former COO and Co-founder of Robosoft, and former CEO of ATOM software development.