Hong Kong’s de facto central bank is looking into issuing a digital currency, an idea that would dovetail with China’s push for digital renminbi. People who distrusted the government may reject using the traceable currency, said an economics professor.
Read more: https://bit.ly/3pzClaW
香港將效法內地,開始研究發行數碼港元(e-HKD)的可行性。數碼港元如信用卡、八達通等支付工具,會留下數碼足印。有指若市民不信任政府,或會拒用數碼港元。
____________
📱Download the app:
http://onelink.to/appledailyapp
📰 Latest news:
http://appledaily.com/engnews/
🐤 Follow us on Twitter:
https://twitter.com/appledaily_hk
💪🏻 Subscribe and show your support:
https://bit.ly/2ZYKpHP
#AppleDailyENG
同時也有1部Youtube影片,追蹤數超過0的網紅Coolgang,也在其Youtube影片中提到,這是莫洛西亞共和國,位於美國內華達州境內,自1977年5月26日宣布主權獨立的國家。總統是Kevin Baugh 一位非常酷的總統,他在國家境內建造許多設施,也在外交上建立了許多私人國家盟友(就是同在其他國境內的私人主權國家) 在2018年5月26日的國慶日當天,Kevin總統作為一日導遊,介紹國內...
issuing bank 在 Facebook 的精選貼文
Francis Fong, the honorary chairperson of the Hong Kong Information Technology Federation, said the policy of setting up a digital currency would be in line with mainland China’s blueprint on launching the e-renminbi.
Fong said that transaction records of the e-HKD could be traced, making it different from a cryptocurrency, and as such it would not affect the cryptocurrency market.
issuing bank 在 Taipei Ethereum Meetup Facebook 的精選貼文
📜 [專欄新文章] Pioneer A Financial Life on Ethereum with A Non-custodial Banking Replacement by Mel Gelderman…
✍️ 田少谷 Shao
📥 歡迎投稿: https://medium.com/taipei-ethereum-meetup #徵技術分享文 #使用心得 #教學文 #medium
Pioneer A Financial Life on Ethereum with A Non-custodial Banking Replacement by Mel Gelderman 在以太坊上開拓無需銀行託管的新金融生活
On the first day of 2019 Taipei Crosslink, the CEO of Monolith- Mel Gelderman gave a speech on their Monolith Ethereum Wallet + Tokencard and how people are starting to know and embrace Blockchain technology in our daily life, not for gambling or fraud, but for the real positive changes it can bring to the world!
monolith.xyz
Everything dates back to 2015 when Taipei Ethereum Meetup was merely a small group of people… Mel started off the speech with the memory of him stepping into the Ethereum ecosystem!
Story-telling time!
A brief description of Monolith
Monolith is a decentralised banking alternative on Ethereum, with its current business area in Europe. There are two main products: Monolith app is a contract wallet to transfer cryptocurrency to fiat money; Tokencard is a the debit Visa card that anyone can use just like a normal Visa card.
The Status Quo
Monolith has been through the FCA Sandbox in UK. However, AML(Anti-Money Laundering) and KYC(Know Your Customer) are policies Monolith has to comply with.
AML and KYC can be achieved by simply looking into the origin of the cryptocurrency or tokens, as everything on Ethereum is there, open and transparent: if an address is known to be of illegal source, banning it solves the problem.
Currently, there are already more than 1000 users using Monolith Wallet and Tokencard to cover daily expenditure!
TKN Token: Be our own bank!
Though the topic of TKN wasn’t brought up in the speech, TKN plays a crucial role in the ambition of Monolith: to return the interest of depositing money from banks to users. For more information: CLICK!.
If you’re interested in such ambition, also check out: Compound!
Demo Time
Mel demonstrated how to use their Monolith Ethereum Wallet. During the demo, there’s an anecdote really amused everyone:
The transaction time on Ethereum is surprisingly not really longer than the time on Visa lol
Apart from the above evidence that blockchain is rising ;) Here are a few notes about Monolith Wallet worth mentioning:
Monolith Wallet is a contract wallet with a recovery mechanism, which solves the problem of usual wallets that there is no way to get back your assets on blockchain once the private key is known to the attacker.
Whitelisted addresses are specific addresses not bounded by daily spend limit, and cannot be modified afterwards. Combining the two, even if an attacker gets to know the private key, the attacker can only transfer up to the daily spend limit, and the owner can transfer the remaining assets to the whitelisted addresses.
Monolith is also working on another recovery mechanism to deal with the situation of losing your phone. Stay tuned!
Monolith Tokencard also has every mechanism one needs for a normal debit card: freezing and unfreezing the card, reporting lost card, etc.
The workflow of using Monolith:
Decide the amount of cryptocurrency for exchange -> Decide the targetted fiat currency -> Wait for transaction confirmations on both Ethereum and Visa -> Success! This is now the debit card with money to spend :)
To wrap up this section, Monolith is the purest DeFi you can imagine! — Mel
Future Goal
Back in the days, it’s impossible to live solely on a Bitcoin wallet, as the exchange between cryptocurrency and real-world currencies was never easy.
However, with Monolith Wallet right now, the blockchain technology is mature enough for people to rely on the blockchain solution for daily payments, rather than trusting in banks to deal with our money.
It’s not hard to imagine that in the future, with the mass adoption of the blockchain technology, we might be able to receive cryptocurrency as salary and pay many things to anyone in every corner of the world with only a single wallet and a few clicks on your phone!
Questions
1. When or if it’s possible for Monolith to be available in Taiwan?
South Korea may be the first place for Monolith in Asia. Taiwan is on the list for sure, and hopefully, Monolith will be available by the next time when Mel visits Taiwan ;)
2. What is Monolith’s opinions on anonymity and privacy?
AML and KYC are the agreement Monolith made with Visa and FCA. However, Monolith is considering issuing a token to compensate users for going through these policies!
Conclusion
Mel’s is definitely one of the most inspiring speeches: Monolith and Tokencard visualize the dream that blockchain technology can really help make our society a more decentralised place and reduce the risk that we have always been staking on the centralised institutions!
In the end, I’d like to quote a line from Mel to summarize the speech and also his enthusiasm towards blockchain and Ethereum:
We are on the cusp of the most exciting moment in Ethereum since its creation!
Special thanks to Mel Gelderman for the friendly and patient feedback on my questions and recommending me COMPOUND!!! also, to Yahsin Huang for reviewing and her helpful advices and as usual to Chih-Cheng Liang for organizing the TEM column:)
Pioneer A Financial Life on Ethereum with A Non-custodial Banking Replacement by Mel Gelderman… was originally published in Taipei Ethereum Meetup on Medium, where people are continuing the conversation by highlighting and responding to this story.
👏 歡迎轉載分享鼓掌
issuing bank 在 Coolgang Youtube 的最佳貼文
這是莫洛西亞共和國,位於美國內華達州境內,自1977年5月26日宣布主權獨立的國家。總統是Kevin Baugh 一位非常酷的總統,他在國家境內建造許多設施,也在外交上建立了許多私人國家盟友(就是同在其他國境內的私人主權國家)
在2018年5月26日的國慶日當天,Kevin總統作為一日導遊,介紹國內的設施景點,境內有建造海關,郵局,銀行(甚至發行自己的貨幣_法洛拉幣Valora,1 法洛拉幣為0.75美元),總統會客室(裡面還真的有與各國元首的合照),國家貿易公司(大部分都是賣總統的肖像照),酒吧(居然比銀行還大),還有監獄(世界最小的監獄)。除此之外,還有火車站系統,還有最特殊的莫洛西亞香蕉樹(居然是往上生長的香蕉)。
最驚奇的是太空計畫(就是火箭的設備),現場也親自展示了發射實力。
整個導覽行程最後甚至還認真地發表了總統演說,現場也準備了國宴(BBQ PARTY)提供大家享用。
來自台灣的我,除了送見面禮給總統(故宮福籌四喜金門高粱酒),最後也送上第一夫人提提研面膜,你可以想像他們心目中對於台灣的印象一定非常好。特別在影片最後播放莫洛西亞共和國的國歌,因為音樂也是由最偉大的總統Kevin創作。
目前莫洛西亞正在與東德的戰爭還未結束,大家如果有興趣,可以去購買戰爭債券來幫助停止戰爭。
今年,依舊只開放7天,歡迎大家也可以去看看這個全世界最小的微型國家也親自見到最酷的總統。記得先上官網去預約到訪時間喔!!!
http://www.molossia.org/
p.s 影片前段的介紹畫面是來自其他的媒體資料影片,如果有侵權請讓我知道,會馬上下架此影片。
This is the Republic of Molossia, a country in Nevada, the USA that declared sovereign independence on May 26, 1977. The President is Kevin Baugh, a very cool president who has built many facilities in the country and has also established many private national allies (that is, private sovereign states in other countries).
On the National Day of May 26, 2018, President Kevin introduced as a day tour guide to the domestic facilities and attractions, including the construction of customs, post offices, banks (even issuing their own currency _ Valora The currency is $0.75), the presidential meeting room (there is really a photo with the heads of state), the national trading company (mostly the portrait of the president), the bar (which is bigger than the bank), and the prison ( The world's smallest prison). In addition to this, there is the train station system, as well as the most special Molossia banana tree (which is actually a banana-growing up).
The most amazing thing is the space program (the rocket's equipment), and the site also personally demonstrated the launching power.
At the end of the tour, he even gave a serious speech. The venue also prepared a national banquet (BBQ PARTY) for everyone to enjoy.
From Taiwan, I sent a face-to-face ceremony to the President (sorghum wine) and finally sent the first lady the TTM Mask, you can imagine their impression of Taiwan must be very good. Especially at the end of the film, the national anthem of the Republic of Molossia was played, because the music was also created by the greatest president, Kevin.
At present, the war between Molossia and East Germany is not over. If you are interested, you can buy war bonds to help stop the war.
This year, it is still only open for 7 days. You are welcome to check out the world's smallest country and see the coolest president. Remember to go to the official website to make an appointment to visit the time!!!
Http://www.molossia.org/
P.s The introduction screen of the front part of the film is from other media materials. If there is any infringement, please let me know and I will immediately remove this video.
Check out 🤘
👽酷奇王 FB https://goo.gl/vYfSEk
👽酷奇王 IG @afropopcorn
https://www.instagram.com/afropopcorn/

issuing bank 在 Credit Card Authorization, Issuing Bank, Acquiring ... - YouTube 的推薦與評價
Credit Card Authorization, Issuing Bank, Acquiring Bank, Merchant, Card Scheme, Card Domain, EFT, Cardholder, Point of Sale, Interchange, ... ... <看更多>