Fiat money

Red Hong Yi Invited by TIME to Participate and Unveil Latest NFT for Sale

Retrieved on: 
星期四, 九月 23, 2021

SINGAPORE, Sept. 23, 2021 /PRNewswire/ -- Renowned artist Red Hong Yi, collaborates once again with TIME for TIMEPieces, an NFT project inaugurated by TIME's creative director, D.W. Pine. Themed 'Building A Better Future', Red is among 40 global artists to be invited for the launch and genesis drop. Red's NFT was officially revealed on Wednesday, 22 September 2021 on time.com/timepieces and the NFT drop will take place on Thursday, 23 September 2021 on nft.time.com. All artwork will be priced at 0.1 ETH. The initial drop will be a "blind drop" where purchasers would not be aware of which artist piece they have purchased. 

Key Points: 
  • SINGAPORE, Sept. 23, 2021 /PRNewswire/ --RenownedartistRed Hong Yi, collaborates once again with TIME for TIMEPieces, an NFT project inaugurated by TIME's creative director, D.W. Pine.
  • Themed'Building A Better Future',Red is among 40 global artists to be invited for the launch and genesis drop.
  • Red's NFT was officially revealed on Wednesday, 22 September 2021 on time.com/timepieces and the NFT drop will take place on Thursday, 23 September 2021on nft.time.com .All artwork will be priced at 0.1 ETH.
  • The initial drop will be a "blind drop" where purchasers would not be aware of which artist piece they have purchased.

Red Hong Yi Invited by TIME to Participate and Unveil Latest NFT for Sale

Retrieved on: 
星期四, 九月 23, 2021

SINGAPORE, Sept. 22, 2021 /PRNewswire/ -- Renowned artist Red Hong Yi, collaborates once again with TIME for TIMEPieces, an NFT project inaugurated by TIME's creative director, D.W. Pine. Themed 'Building A Better Future', Red is among 40 global artists to be invited for the launch and genesis drop. Red's NFT was officially revealed on Wednesday, 22 September 2021 on time.com/timepieces and the NFT drop will take place on Thursday, 23 September 2021 on nft.time.com. All artwork will be priced at 0.1 ETH. The initial drop will be a "blind drop" where purchasers would not be aware of which artist piece they have purchased. 

Key Points: 
  • SINGAPORE, Sept. 22, 2021 /PRNewswire/ --RenownedartistRed Hong Yi, collaborates once again with TIME for TIMEPieces, an NFT project inaugurated by TIME's creative director, D.W. Pine.
  • Themed'Building A Better Future',Red is among 40 global artists to be invited for the launch and genesis drop.
  • Red's NFT was officially revealed on Wednesday, 22 September 2021 on time.com/timepieces and the NFT drop will take place on Thursday, 23 September 2021on nft.time.com .All artwork will be priced at 0.1 ETH.
  • The initial drop will be a "blind drop" where purchasers would not be aware of which artist piece they have purchased.

Analysts Indicating Gold's New Golden Era Has Just Started

Retrieved on: 
星期三, 三月 31, 2021

One reason why the world's oldest store of value is making a comeback is its scarcity amid a boom of financial products.

Key Points: 
  • One reason why the world's oldest store of value is making a comeback is its scarcity amid a boom of financial products.
  • For some analysts, gold's second coming is raising questions over the post-COVID-19 future of the global economy.
  • In an era of low inflation, aggressive money printing and negative real interests, fiat money is losing its appeal, whereas governments cannot print gold.
  • You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements.

Analysts Indicating Gold's New Golden Era Has Just Started

Retrieved on: 
星期三, 三月 31, 2021

One reason why the world's oldest store of value is making a comeback is its scarcity amid a boom of financial products.

Key Points: 
  • One reason why the world's oldest store of value is making a comeback is its scarcity amid a boom of financial products.
  • For some analysts, gold's second coming is raising questions over the post-COVID-19 future of the global economy.
  • In an era of low inflation, aggressive money printing and negative real interests, fiat money is losing its appeal, whereas governments cannot print gold.
  • You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements.

Versabank to Launch VCAD, World's First Bank-issued, Deposit-based Digital Currency

Retrieved on: 
星期三, 二月 24, 2021

VCAD is expected to be the first digital currency to representa fiat currency, as well as the first in the world digital currency issued by and backed by deposits with a North American bank.

Key Points: 
  • VCAD is expected to be the first digital currency to representa fiat currency, as well as the first in the world digital currency issued by and backed by deposits with a North American bank.
  • VCAD is based on VersaBank's proprietary banking software and the digital currency issuance processes for VCAD will be securely managed via VersaVault, VersaBank subsidiary, DRT Cyber Inc.'s ("DRT Cyber"), world leading digital bank vault designed to secure digital assets.
  • Mr. Taylor added, "VersaBank was the very first digital bank nearly 30 years ago and has continuously been a pioneer in digital banking in the decades since.
  • In addition to VCAD, under their partnership, VersaBank and Stablecorp plan to work together towards the development and launch of "VUS" and "VEuro", deposit-based, US dollar and Euro versions of the VersaBank digital currency.

Direct Bullion Expects a Surge in the Number of Customers Looking to Invest in Gold

Retrieved on: 
星期三, 十一月 4, 2020

Following the Governments briefing on Saturday 31 October, where a second, full lockdown was announced, Direct Bullion expects to see another surge in customers investing in physical gold.

Key Points: 
  • Following the Governments briefing on Saturday 31 October, where a second, full lockdown was announced, Direct Bullion expects to see another surge in customers investing in physical gold.
  • As the devastating impact of COVID-19 on the economy is felt across the globe, Direct Bullion expects the gold price to continue to rise in response to increased consumer demand and limited production.
  • The Company gives its customers ultimate control of their wealth by enabling them to invest their money in tangible, durable, gold bullions or coins.
  • Direct Bullion has also formed a strategic partnership with Aurus Gold to create digital tokenised gold, a sustainable global currency that can be used as an alternative to fiat currencies, or as the easiest way to invest in gold.

Mastercard Launches Central Bank Digital Currencies (CBDCs) Testing Platform, Enabling Central Banks to Assess and Explore National Digital Currencies

Retrieved on: 
星期二, 九月 15, 2020

Today, Mastercard announced a proprietary virtual testing environment for central banks to evaluate CBDC use cases.

Key Points: 
  • Today, Mastercard announced a proprietary virtual testing environment for central banks to evaluate CBDC use cases.
  • The platform enables the simulation of issuance, distribution and exchange of CBDCs between banks, financial service providers and consumers.
  • Mastercard wants to harness its expertise to enable the practical, safe and secure development of digital currencies.
  • In addition to printing money, central banks can issue CBDCs as a digital representation of a countrys fiat currency.

Mastercard Launches Central Bank Digital Currencies (CBDCs) Testing Platform, Enabling Central Banks to Assess and Explore National Digital Currencies

Retrieved on: 
星期三, 九月 9, 2020

Today, Mastercard announced a proprietary virtual testing environment for central banks to evaluate CBDC use cases.

Key Points: 
  • Today, Mastercard announced a proprietary virtual testing environment for central banks to evaluate CBDC use cases.
  • The platform enables the simulation of issuance, distribution and exchange of CBDCs between banks, financial service providers and consumers.
  • Mastercard wants to harness its expertise to enable the practical, safe and secure development of digital currencies.
  • In addition to printing money, central banks can issue CBDCs as a digital representation of a countrys fiat currency.

Business Reporter: The gold-backed crypto that's the modern answer to today's currency shortfalls

Retrieved on: 
星期五, 七月 31, 2020

From the ancient Egyptians to the Romans and the Aztecs, its intrinsic value has never been up for debate.

Key Points: 
  • From the ancient Egyptians to the Romans and the Aztecs, its intrinsic value has never been up for debate.
  • Until not so long ago, countries used a gold standard to back paper money.
  • But modern monetary theory is dominated by fiat money, the downfalls of which have been thrown into sharp relief in recent years.
  • These tokens are backed with actual, audited and vaulted gold each token is a digital representation of one gram of gold.

KuCoin P2P Fiat Market Supports Buying Crypto With USD Via PayPal

Retrieved on: 
星期三, 六月 24, 2020

This is another mainstream fiat currency supported by the KuCoin P2P Fiat Market after the opening of Chinese Yuan (CNY), Indonesian Rupiah (IDR), Vietnamese Dong (VND) and Canadian Dollar (CAD).

Key Points: 
  • This is another mainstream fiat currency supported by the KuCoin P2P Fiat Market after the opening of Chinese Yuan (CNY), Indonesian Rupiah (IDR), Vietnamese Dong (VND) and Canadian Dollar (CAD).
  • Now that the KuCoin P2P Fiat Market supports USD, it will be easier for more people around the world to buy cryptocurrency, further promoting the mass adoption of blockchain and cryptocurrencies.
  • Now, our P2P Fiat Market supports Chinese Yuan (CNY), Indonesian Rupiah (IDR), Vietnamese Dong (VND), Canadian Dollar (CAD), and US Dollar (USD), the 5 mainstream fiat currencies.
  • In addition, to celebrate the first anniversary of the P2P Fiat Market being made available on the platform, KuCoin will launch a series of campaigns to promote the addition of US Dollars (USD) to the P2P Fiat Market.