Karbo is a decentralized peer-to-peer exchange network and medium, that does not have centralized management or issuer and ensures privacy and anonymity of operations without intermediaries and regulators. Its units of exchange are cryptographically protected (encrypted) units of information. They are protected from copying and counterfeiting by the blockchain technology.
The anonymity of payments without the ability to track them, resistance to the blockchain analysis is provided by technology CryptoNote. Privacy is mandatory for all operations, in order for it to be effective. Due to this, all karbos have the same value and are fungible, that is, they are interchangeable because their history cannot be traced. Fungibility is required for Karbo to be a full-fledged and effective exchange medium.
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