KlickEx Launches Crypto-Currency 2.0: A New Global Asset-Backed Currency

[FreckledFuzz]

http://finovate.com/2013/11/klickex-launches-crypto-currency-20-a-new-global-asset-backed-currency.html

 

 

 

 

By Julie Schicktanz on November 13, 2013 7:57 PM

This post is part of our live coverage of FinovateAsia 2013.

 

In the final demo before lunch, KlickEx debuted its crypto-currency for central banks:

 

"After extensive testing in the Pacific, KlickEx is pleased to announce the development of a new asset-backed and algorithmic crypto-currency for institutional and retail use. A stable, international, risk-free asset is a key foundation for efficient financial markets, and KlickEx's award-winning interbank payment network has an exemplary track record in stability, and efficiency. Having eradicated the significant systematic deficiencies of Bitcoin, then bridged the portfolio limitations of the IMF's SDR, the new base asset is a proactive response to recent negative public sentiment towards banking in general, and recent global events including the GFC, Euro-Crisis, BASEL II, III, and fiscal & political instability in Prime currencies. 

 

KlickEx believes in efficient, effective, and accessible financial markets. Our products enhance transparency, stability, inclusion, and systematic velocity by eliminating counter-party risks from central bank balance sheets, informal remittance networks, and mitigating cash inefficiencies for commercial banks, mobile operators and regulators. KlickEx has taken the best, and made it better."

 

Presenting Robert Bell (Manager of Operations) and Brett Waterson (CTO)

 

Product Launch: November 2013

Product distribution strategy: Distribution begins with use-case pilots, followed by structured phase-in programs with Central Banks and local (sovereign) government entities, then Commercial and Clearing Banks. Finally, KlickEx engages Mobile Telcos and then directly to retail users. The process usually takes 6-60 weeks to go through, depending on the country.

 

HQ: New Zealand

Founded: 2009

Website: KlickEx.org

 

[TBomb]

Yes, let's do turn over our monetary power, more and more, to technology...it's gotta be better..OMG.  Thanks FF!

[waterman13]

Yes, let's do turn over our monetary power, more and more, to technology...it's gotta be better..OMG.  Thanks FF!

You got that right....OMG!

 

"followed by structured phase-in programs with Central Banks and local (sovereign) government entities, then Commercial and Clearing Banks."

Yeah, Right! There are no "sovereign" governments or entities! They are man's creation, corporations, fictions.

Only God, and man (by God's Will) are sovereign.

Wm13

 

Edited November 17, 2013 by waterman13

[pluMmet]

The idea of a crypto currency is a great one... The problem is that we have a parasitical elite that needs to be excised not put deeper into the system.

 

Computers are not evil... guns and knives are not evil... crypto currencies are not evil either.

 

The creator of heaven and earth also created hell.... it's nothing I had a hand in. I'm just here being stupefied by all of this.