Keeta (KTA)

Payments and Finance

Keeta provides a fast, low-cost payment system that connects different payment networks. It allows businesses and individuals to make instant transactions with settlement times of about 400 milliseconds and can handle up to 10 million transactions per second.

Cross-Chain Transactions

Keeta acts as a unifying layer for multiple blockchains, enabling direct blockchain-to-blockchain transactions. This helps different crypto networks work together smoothly.

Regulatory Compliance and Identity

Keeta supports digital identity verification through secure certificates issued by trusted KYC providers. This allows instant user verification across the network while keeping privacy intact.

Enterprise and DeFi Solutions

Financial institutions and companies can use Keeta for efficient cross-border payments, payroll, and vendor payments. Its high speed and scalability also make it suitable for decentralized finance (DeFi) applications.

Asset Tokenization and Marketplaces

Keeta enables tokenizing real-world assets and stablecoins, supporting a decentralized marketplace where assets can be traded quickly and securely.

Pros of Keeta

• High Speed and Scalability: Processes up to 10 million transactions per second with settlement times around 400 milliseconds.
• Cross-Chain Interoperability: Connects different blockchain networks and traditional payment systems for seamless transactions.
• Low Transaction Costs: Designed to reduce fees by eliminating costly intermediaries.
• Asset Tokenization: Supports creating and managing digital or real-world assets with built-in compliance.
• Strong Ecosystem Support: Backed by notable figures and integrated with multiple exchanges for trading and staking.
• High Liquidity and Trading Options: Available on platforms like CoinUnited.io with features like high leverage and low spreads.

Cons of Keeta

• Market Volatility: Like many cryptocurrencies, its price can fluctuate significantly.
• Relatively New: Founded in 2022, so it may still be growing its user base and ecosystem compared to older blockchains.
• Competition: Faces strong competition from other layer-1 blockchains with similar goals.
• Adoption Dependency: Long-term success depends on wider adoption and partnerships, which are still developing.

Founders

Keeta was founded by Ty Schenk, who is also the CEO.

Key Team Members

Ty Schenk has a background as a software engineer and has focused on crypto payments before starting Keeta.

Notable Support

The project has received backing from Eric Schmidt, the former CEO of Google.

Investors in Keeta

• Eric Schmidt: Former CEO of Google, he is the lead investor and also acts as an advisor and strategic supporter. He has contributed around $17 million to the project.
• Steel Perlot Management, LLC: Another key investor involved in funding Keeta.
• Early Investors: Besides the major backers, Keeta has raised a total of about $22-31 million from various early investors who support the project’s growth and staking options.

These investors have helped Keeta launch its cross-border payments platform and support its technology development.

Halal Status of Keeta

• Yes, Keeta can be considered halal by some because it functions as a digital currency and blockchain platform that supports asset tokenization and cross-chain transactions without involving interest (riba) or prohibited activities.
• However, there is no official or universally accepted fatwa specifically about Keeta, so individual interpretation and consultation with a knowledgeable Islamic scholar is recommended for personal confirmation.