Kinto (K)

What is Kinto

Kinto is an L2 focused on providing safe access to financial services.

Kinto is an L2 rollup based on Arbitrum Nitro technology that settles on Ethereum Mainnet. The network has been designed from the ground up to provide a safe environment for users and financial applications alike.

By default, Kinto provides KYC, insurance, and AML & fraud monitoring at the blockchain level. All participants are KYC'ed, and the network runs AML on all of them continuously. Transactions can then only be performed by verified participants. PII is only saved in select identity providers chosen by each user. The available providers are curated by network governance (Onfido, Synaps, Plaid). Their information cannot be linked to their on-chain accounts except when each user grants it to an application that requests it.

Furthermore, using Kinto, users can access crypto financial services without being forced to install a browser extension or store seed phrases or private keys. Thanks to native account abstraction at the chain level, applications can offer easy onboarding and account creation through username/password, 2FA, or mobile device keys.

Finally, Kinto will provide financial institutions and developers with a secure SDK ecosystem to develop upon. Through Kinto, they can access all public and liquid protocols on the Ethereum Mainnet safely.