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Topic: [ANN]Aten Black Gold Coin-Aten Coin-1st AML Cryptocurrency-Launched on 21/9/2015 - page 2. (Read 19578 times)

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legendary
Activity: 1960
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Pioneering Aten ”Black Gold” Coin to Offer New Patented Digital Wallets

NAC Announces August 15, 2015 Launch Date of 100% AML/KYC Compliant Coin

LAS VEGAS--(BUSINESS WIRE)- Towards the middle of August 2015, the National Aten Coin’s groundbreaking new cryptocurrency, the Aten “Black Gold” Coin and its patented pending digital wallets will be available. Collaboration agreements with governmental entities in the European Union has resulted in NAC adding in additional features to the Aten “Black Gold” Coin to fulfill their requirements. All newly required features, as well as beta testing will be completed prior to the new launch date.

The Aten “Black Gold" Coin can be purchased through collaboration between AtenPay, SA and ANXPro, one of the globe’s most revered online trading platforms. The Aten “Black Gold” Coin will be available in all fiat currencies including, USD, EUR, HKD, AUD, CAD, JPY, SGD, GBP, NZD and CHF. NAC clients will have exclusive access to ANXPRO’s simple and user friendly UI, consolidated shared order book for blended multi-currency settlement, real time FX pricing, deposit options, and risk management and trading tools.

NAC’s new digital wallets are patented (pending) in the EU and copyright (pending) in US. Inventor Marcus Andrade (Founder of NAC) is very excited about this new development. The digital wallet will make the transfer and storing of the Aten “Black Gold” Coin even more secure and convenient for clients, who can access their accounts on a desktop computer and very soon via smartphones and tablets. NAC will be able to quickly verify the wallet and its user through a pseudonymous system. All transactions are monitored through an extremely stringent authentication protocol.

Unlike Bitcoin, whose wallets identify illegal activities at institution level, but not down to an individual person, NAC’s wallet will provide complete user transparency through a unique multi-signature authentication system.

“Nothing in the current electronic currency market comes close to our patented digital wallets,” said Andrade. “We have created such a unique product here; the levels of encryption result in a highly vetted, safe, theft-resistant, product that is very easy to use from anywhere in the world,” he said.

Unique Features of the Aten “Black Gold” Coin

Compliance: National Aten Coin Foundation is a service member of the American Bank Association (ABA) and compliant with the following agencies: Anti-Money Laundering (AML), Counter Financing of Terrorism (CFT), Anti-Fraud and Financial Crimes (AFF), Office of Foreign Assets Control (OFAC), Bank Secrecy Act (BSA), USA PATRIOT Act and the FACT Act.
AML & KYC: Aten Coin is the first cryptocurrency that is designed to fulfill AML and Know Your Customer (KYC) requirements.
Theft-Resistant: Bitcoin as well as other cryptocurrencies are susceptible to stealing by hackers, who are unidentifiable. However, Aten Coin is the first cryptocurrency that allows the tracing of real identities in the event theft occurs. This makes Aten Coin theft-resistant.
Non-volatile Value & Liquidity: Volatile value is one of the key issues of Bitcoin and many other cryptocurrencies. In view of this, NAC’s partner company, BGC International, Inc., is creating a constant demand of Aten Coins through joint venture with oil and gas production companies on oil and gas well investments. Over 50% of the investment profits will be paid in Aten Coin to create a continuous demand of Aten Coin and maintain a stable value of Aten Coin.
Fast: Transaction of Aten Coin is 9.4 times faster than Bitcoin.
Secure: Aten Coin is a highly secure cryptocurrency that uses multiple rounds of 11 different cryptographic hashes, thus making it one of the safest and sophisticated modern cryptocurrencies. In contrast, Bitcoin only uses a single round of double SHA-256 hashes.
Usability: Shops can easily accept Aten Coin payment by using our AtenPay services. In the near future, people will be able to use the Aten Coin to buy things in real life, e.g., a cup of coffee, online games, meat, petroleum, etc.

Aten "Black Gold' Coin’s Promotion Division and the AtenPay Payment Platform

BGC International Inc. (BGCI) is an Aten "Black Gold' Coin promotion company. BGCI's main goal is to promote use of Aten Coin worldwide. BGCI invests in various ventures such as oil and gas production projects while requiring the profits to be paid back to BGCI in Aten Coins. This helps to perpetuate the Aten Coin Market.

BGCI partners with SWC Law Group in Warsaw, Poland to create the AtenPay payment platform. AtenPay provides a user-friendly one-stop solution for people to acquire Aten Coins and for commercial companies to receive payment in Aten Coins. For more information, please visit: www.AtenPay.com.

About National Aten Coin and the Aten “Black Gold” Coin

Headquartered in Las Vegas, Nevada, National Aten Coin (NAC) is the creator of the Aten “Black Gold” Coin, a cryptocurrency (a form of electronic money) and its global payment transaction network. While maintaining privacy of customers, the NAC utilizes proprietary techniques to verify ownership of coin holders, secure and monitor transactions, trace and track identities of senders and receivers, keep recordkeeping efforts transparent, protect coins from stealing, maintain liquidity and stabilize value of the cryptocurrency. The Aten “Black Gold” Coin is compliant with the: Anti-Money Laundering (AML), Counter Financing of Terrorism (CFT), Anti-Fraud and Financial Crimes (AFF), Office of Foreign Assets Control (OFAC), Elder Abuse Reporting Act (EARA), Bank Secrecy Act (BSA), USA PATRIOT Act and the FACT Act.

For more information please visit: http://AtenCoin.com.

About ANX

Founded in June 2013, ANX has grown into one of the most used Bitcoin exchange platform worldwide. According to Bitcoin charts, ANX is the 6th largest Bitcoin Exchange in the world by volume. ANX is a pioneer and leader in the cryptocurrencies industry. ANX’s achievements to date include introducing the world’s first physical Bitcoin retail store, the world's first Bitcoin Debit Card, the world’s first multi-currency online Bitcoin exchange platforms (ANXPRO.COM & ANXBTC.COM), the world’s 3rd Bitcoin ATM machine, and a full-featured ANX Vault mobile app for crypto currencies. ANX has recently acquired the Norwegian bitcoin exchange USTCOIN.COM to expand into the European market. ANX was one of the first firms specializing in crypto-currencies to be issued with a Money Services Operator (MSO) license and prides itself on its transparency and regulatory compliance. The founding partners have financial markets, management consulting, banking technology, and compliance backgrounds.

For more information, please visit: http://www.anxintl.com

Contacts
Media inquires:

NAC
Marcus Andrade, 1-702-515-4038
Founder
[email protected]
or
ANX
Jess Chan, 1-852-2892-2689
Marketing Manager
[email protected]
or
SWC Group
Agnieszka Cenzartowicz, 0048 607041276
Senior Partner
[email protected]
or
AtenPay SA
Agnieszka Bilinska, 0048 601441340
Supervisory Board Member
[email protected]
legendary
Activity: 1960
Merit: 1010
Aten “Black Gold” Coin Available From AtenPay, SA; Via ANXPRO on Aug 15th, 2015

100% AML/KYC Compliant New Electronic Currency Revolutionizes the Market


In just under 40 days, National Aten Coin’s groundbreaking new cryptocurrency will be available from AtenPay, SA; a Warsaw, Poland based company. The Aten “Black Gold" Coin can be purchased through collaborative efforts between AtenPay, SA and ANXPRO, one of the globe’s most revered online trading platforms. The Aten “Black Gold” Coin will be available in all fiat currencies including, USD, EUR, HKD, AUD, CAD, JPY, SGD, GBP, NZD and CHF. NAC clients will have immediate access to ANXPRO’s simple and user friendly UI, consolidated shared order book for blended multi-currency settlement, real time FX pricing, deposit options, and risk management and trading tools.

National Aten Coin Foundation (NAC) is a service member of the American Bank Association (ABA) and compliant with the following agencies: Anti-Money Laundering (AML), Counter Financing of Terrorism (CFT), Anti-Fraud and Financial Crimes (AFF), Office of Foreign Assets Control (OFAC), Bank Secrecy Act (BSA), USA PATRIOT Act and the FACT Act.

BGC International Inc. (BGCI) is an Aten "Black Gold' Coin promotion company. BGCI's main goal is to promote the use of Aten Coin worldwide. BGCI invests in various ventures such as oil and gas production projects while requiring the profits to be paid back to BGCI in Aten Coins. This helps to perpetuate the Aten Coin Market.

BGCI partners with SWC Group in Warsaw, Poland to create an Aten Coin processing platform. AtenPay provides a user-friendly one-stop solution for people to acquire Aten Coins and for commercial companies to receive payment in Aten Coins. For more information, please visit: www.AtenPay.com.

Founder of NAC, Marcus Andrade is excited for the inaugural month of the Aten “Black Gold” Coin.

“All of our hard work is finally coming to fruition,” said Andrade. “The NAC team is very proud to put this incredible new coin in the digital currency market. We set our bar very high and feel that our goals have not only been met for the Aten “Black Gold” Coin, but exceeded,” he said.

Unique Features of the Aten “Black Gold” Coin

AML & KYC: Aten Coin is the first cryptocurrency that is designed to fulfill AML and Know Your Customer (KYC) requirements.
Theft-Resistant: Bitcoin as well as other cryptocurrencies are susceptible to stealing by hackers, who are unidentifiable. However, Aten Coin is the first cryptocurrency that allows the tracing of real identities in the event theft occurs. This makes Aten Coin theft-resistant.
Non-volatile Value & Liquidity: Volatile value is one of the key issues of Bitcoin and many other cryptocurrencies. NAC’s partner company, BGC International, Inc., is creating a constant demand of Aten Coins through joint ventures with oil and gas production companies. Over 50% of the investment profits will be paid in Aten Coin to create a continuous demand of Aten Coin and maintain a stable value of Aten Coin.
Fast: Transaction of Aten Coin is 9.4 times faster than Bitcoin.
Secure: Aten Coin is a highly secure cryptocurrency that uses multiple rounds of 11 different cryptographic hashes, thus making it one of the safest and sophisticated modern cryptocurrencies. In contrast, Bitcoin only uses a single round of double SHA-256 hashes.
Usability: Shops can easily accept Aten Coin payment by using our AtenPay services. In the near future, people will be able to use the Aten Coin to buy things in real life, e.g., a cup of coffee, online games, meat, petroleum, etc.

Ken Lo, CEO and Co-founder of ANXPRO, is looking forward to offering the Aten “Black Gold” Coin on his company’s trading platform. Lo said NAC’s commitment to compliance and transparency created a natural fit for the company.

“NAC and ANXPRO operate from the same level of respect for regulatory practices in the electronic currency market,” said Lo. “We both utilize topnotch security methods, and employ the most state-of-the-art anti-money laundering control systems available today,” said Lo.

About National Aten Coin and the Aten “Black Gold” Coin

Headquartered in Las Vegas, Nevada, National Aten Coin (NAC) is the creator of the Aten “Black Gold” Coin, a cryptocurrency (a form of electronic money) and its global payment transaction network. While maintaining privacy of customers, the NAC utilizes proprietary techniques to verify ownership of coin holders, secure and monitor transactions, trace and track identities of senders and receivers, keep recordkeeping efforts transparent, protect coins from stealing, maintain liquidity and stabilize value of the cryptocurrency. The Aten “Black Gold” Coin is compliant with the: Anti-Money Laundering (AML), Counter Financing of Terrorism (CFT), Anti-Fraud and Financial Crimes (AFF), Office of Foreign Assets Control (OFAC), Elder Abuse Reporting Act (EARA), Bank Secrecy Act (BSA), USA PATRIOT Act and the FACT Act.

For more information please visit: http://AtenCoin.com.

About ANX

Founded in June 2013, ANX has grown into one of the most used Bitcoin exchange platforms worldwide. ANX is one of the largest and most diverse Bitcoin exchanges in the world. It is a pioneer and leader in the crypto-currencies industry. ANX’s achievements to date include introducing the world’s first multi-currency online Bitcoin exchange platforms (ANXPRO.COM & ANXBTC.COM), the world’s 3rd Bitcoin ATM machine, and a full-featured ANX Vault mobile app for crypto-currencies. ANX recently acquired troubled Bitcoin exchanges Norwegian based JUSTCOIN.COM and US based COINMKT.COM to expand into the European and North American markets. ANX was one of the first firms specializing in crypto-currencies to be issued with a Money Service Operator (MSO) license and prides itself on its transparency and regulatory compliance. The founding partners have financial markets, management consulting, banking technology, and compliance backgrounds.

For more information, please visit: http://www.anxintl.com


View source version on businesswire.com: http://www.businesswire.com/news/home/20150525005114/en/

legendary
Activity: 1960
Merit: 1010
Meanwhile National Atencoin Foundation is accepted into American Bankers Association

LAS VEGAS--(BUSINESS WIRE)--

National Aten Coin (NAC), creator of the Aten “Black Gold” Coin, a revolutionary new form of electronic currency, was recently accepted into the American Bankers Association (ABA). The ABA, which is the hub for the $15 trillion United States banking industry, welcomed NAC into its organization as a Platinum Service Member. This means NAC will join a prestigious group of small, regional and large banks, for which the ABA currently helps safeguard $11 trillion in deposits and more than $8 trillion in loans.

Read more:
http://finance.yahoo.com/news/national-aten-coin-foundation-accepted-130000099.html

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Activity: 1344
Merit: 502
Atencoin was mentioned by BitcoinRush ep35. Item on 3.18, mention at 4.00
https://www.youtube.com/watch?v=YXSHdWvnyNc



Time to let everyone know
legendary
Activity: 1960
Merit: 1010
Atencoin was mentioned by BitcoinRush ep35. Item on 3.18, mention at 4.00
https://www.youtube.com/watch?v=YXSHdWvnyNc
full member
Activity: 126
Merit: 100
An encouraging article from Bitcoinist.Net about Aten Coin and ANX.

ANXPRO Announces New Altcoin Pairing and Strengthens American Footprint

http://bitcoinist.net/anxpro-announces-new-altcoin-pairing-strengthens-american-footprint/
full member
Activity: 126
Merit: 100
About ANX

Founded in June 2013, ANX has grown into one of the most used Bitcoin exchange platform worldwide. According to Bitcoin charts, ANX is the 6th largest Bitcoin Exchange in the world by volume. ANX is a pioneer and leader in the crypto-currencies industry. ANX’s achievements to date include introducing the world’s first physical Bitcoin retail store, the world's first Bitcoin Debit Card, the world’s first multi-currency online Bitcoin exchange platforms (ANXPRO.COM & ANXBTC.COM), the world’s 3rd Bitcoin ATM machine, and a full-featured ANX Vault mobile app for crypto currencies. ANX has recently acquired the Norwegian bitcoin exchange USTCOIN.COM to expand into the European market. ANX was one of the first firms specializing in crypto-currencies to be issued with a Money Services Operator (MSO) license and prides itself on its transparency and regulatory compliance. The founding partners have financial markets, management consulting, banking technology and compliance backgrounds.

For more information, please visit: www.anxintl.com
full member
Activity: 126
Merit: 100
Here is another article in Digital Currency Magnates.

“Anti-Money Laundering Coin” to Become Available for Trade on ANXPRO
http://dcmagnates.com/anti-money-laundering-coin-to-become-available-for-trade-on-anxpro/
legendary
Activity: 1960
Merit: 1010
Here is a good article:

ANXPRO Exchange To Include Aten “Black Gold” Coin In 2015
http://www.cnbc.com/id/102368697
full member
Activity: 126
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About National Aten Coin and the Aten “Black Gold” Coin [AtenCoin]

Headquartered in Las Vegas, Nevada, National Aten Coin (NAC) is the creator of the Aten “Black Gold” Coin, a cryptocurrency (a form of electronic money) and its global payment transaction network. While maintaining privacy of customers, the NAC utilizes proprietary techniques to verify ownership of coin holders, secure and monitor transactions, trace and track identities of senders and receivers, keep recordkeeping efforts transparent, protect coins from stealing, maintain liquidity and stabilize value of the cryptocurrency.

The Aten “Black Gold” Coin is complaint with the:
Anti-Money Laundering (AML),
Counter Financing of Terrorism (CFT),
Anti-Fraud and Financial Crimes (AFF),
Office of Foreign Assets Control (OFAC),
Elder Abuse Reporting Act (EARA),
Bank Secrecy Act (BSA),
USA PATRIOT Act, and
FACT Act.

For more information please visit: http://AtenCoin.com.
full member
Activity: 126
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What are the technical coin specs?

PoW, Hybrid, PoS, ...?
Which algo do you use?
Max. supply?
Block reward/Staking intrest?

Although we have not yet officially announced this, it should be fine if I disclose its specifications here:

Aten Coin Specifications
Encryption algorithm:                            X11
Max. coin supply                                   26,000,000 ATENC
Block generation time                            64 sec (average)
   
PoW:   
Block 1 (super block)                           24,000,000 ATENC [already generated by NAC foundation]
Block reward:                                     2 and 5000 (the last PoW block); 0.01 ATENC per block [already generated by NAC foundation]
   
PoS   BlackCoin PoS 2.0                        Starting from 5001 (the first 100% PoS block);   0.3% compound annual interest [minimum stake age: 8 hours]
   
Transaction fee:                                  0.1 mATENC (0.0001 ATENC) per thousand bytes
Number of transaction confirmation        6
Number of mined block confirmation       240

Source code:                                      available 6 months after ANXPro starts AtenCoin Exchange

Unique features:                                 A Brand-New Built-in Anti-Money Laundering & Anti-Stealing System [details will be available when exchange starts]
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Old Account was Sev0 (it was hacked)
I am terribly sorry for keeping your guys waiting.

I am pleased to announce that Aten Coin will be soon available in the ANXPro Exchange.

https://anxpro.com/

What are the technical coin specs?

PoW, Hybrid, PoS, ...?
Which algo do you use?
Max. supply?
Block reward/Staking intrest?
full member
Activity: 126
Merit: 100
I am terribly sorry for keeping your guys waiting.

I am pleased to announce that Aten Coin will be soon available in the ANXPro Exchange.

https://anxpro.com/
full member
Activity: 126
Merit: 100
This is such interesting project combining the production of oil and gas with cryptocurrency. I think many people are gonna like this adventure.
Is it true that it will launch for public participation in Januari? I've heard some rumour about this.

Could you tell anything about the wells that are currently being drilled? A little different from mining digits, this crypto is gonna be backed by real valuable commodity. Now the crowd that has been begging for gold backed currencies can make a choice. Max Keiser is gonna like this  Cheesy

Thanks for showing interest in our Aten Coin.

For some information about our wells, please refer to our previous post. Here is the url.
https://bitcointalksearch.org/topic/m.9659116

Briefly, our Taylor 1 well is located in Sugar Valley Oil Field in Matagorda County, Texas. This is a very successful project. We have got good supply of crude oil.

"Gold backed currencies"...... Our team has been discussed about what makes us different from gold backed currencies as well as whether we should also include some gold reserves as an additional tool to stabilize the value of Aten Coin, but we haven't come up to any decision so far.

Creation of Continuous Demand of Aten Coin
I would like to say there is an additional benefit when we back Aten Coin by oil instead of gold. Gold is "static", unless one keeps trying to buying gold low and selling gold at higher price. Oil is dynamic. New oil is being produced everyday. Oil is also an consumable, while gold is not. We collaborate with oil well drilling companies to drill and sell crude oil & nature gas. Our collaborators will pay us part of the profit in Aten Coin. In such case, our collaborators need to purchase Aten Coin from the exchange market. As a result, there is a huge continuous demand for Aten Coin from the public (via the exchange markets).

Value of any items are governed by the law of demand & supply. You can foresee that when there is more demand and supply, the value of Aten Coin will quickly increase.  If one backs up a cryptocurrency by gold, such "creation of continuous demand" cannot be achieved as easily as we could.

AML Feature
Finally, I would like to say. Our team have been working very hard. We are finalizing the AML features of Aten Coin. Right.. we plan to launch in January.  By then, one can purchase Aten Coin from a designated exchange market. However, we wouldn't launch Aten Coin if our AML (anti-money laundering) feature is not ready.

Aten Coin - A Cryptocurrency being created with time & effort
It has been a long journey for creating Aten Coin. I remembered that I first met Marcus, Founder & CEO of National Aten Coin Foundation, in Dec 2013. We already spent one year from nothing to the current stage. We do not want to launch any cryptocurrency in rush. Instead, we want to launch a cryptocurrency which is solid. Similarly, we won't rush to launch Aten Coin now.

I hope that when Aten Coin is officially launched, everybody will say
"Hey! This is a new cryptocurrency going to change the whole cryptocurrency world! Aten Coin is a cryptocurrency that we must buy!".
legendary
Activity: 1960
Merit: 1010
This is such interesting project combining the production of oil and gas with cryptocurrency. I think many people are gonna like this adventure.
Is it true that it will launch for public participation in Januari? I've heard some rumour about this.

Could you tell anything about the wells that are currently being drilled? A little different from mining digits, this crypto is gonna be backed by real valuable commodity. Now the crowd that has been begging for gold backed currencies can make a choice. Max Keiser is gonna like this  Cheesy
full member
Activity: 167
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Well, well! We are waiting!
full member
Activity: 126
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whats the innovation? Huh

Innovation?

In Phase 1, we are not aiming at creating a new coin with innovative cryptocoin technologies. Our innovation is our business model. Indeed I should not say innovation. I should say we provide a "solution".

Bitcoin as well as other alternate cryptocurrencies are not backed by real assets. The values of current cryptocurrencies can be considered as perceived values. When people lose confidence on a cryptocoin, its value can vanish overnight.

With our unique relationships in oil and gas industry and unique combination of backgrounds, we are able to provide a practical solution to this fundamental problem (i.e. perceived value) of cryptcurrencies. We use the revenue from our oil and gas production project to back the value of Aten Coin.    

There are still a lot of discussions going on in the NAC Foundation about how we can use the revenue from our oil and gas production project to back the value of Aten Coin.  Even we have revenue from the project. We still need a good method or business model to support the value of Aten Coin. I believe that we should be able to come up to a final business model within a week.

In Phase 2, we will focus on improving the cryptocurrency technologies of Aten Coin, so that it can meet the future need. Of course, future is future. We should focus on what we should do at this moment.

We have changed our plan a bit. Instead of launching around June/July this year, we have decided to hold on, and wait until we complete our anti-money laundering (AML) system. You could say this is our innovation.

I am sure that nowadays more and more people aware of the importance of AML and KYC. Our AML system is also KYC compliance, but user friendly.  It is not possible for people to provide the his/her name and address while buying a cup of coffee with bitcoin. For Aten Coin, one can use it painlessly (i.e., without providing the his/her name and address at the time of spending).

I hope our AML system will be ready soon. Then we could launch Aten Coin asap.
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Photo of an AtenCoin Oil Well (taken in early October 2014)

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Activity: 126
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okay,
more where this information about a coin?
And how it will be distributed ??

You could visit www.atencoin.com for more information.

It has taken us about a year to develop the full features of AtenCoin as well as investing in oil wells.

At this moment, we are fine tuning and testing AML feature. Once it has been completed, we will officially launch AtenCoin.

Its maximum cap will be 26 millions. 24 millions are premined. 12 millions will be sold to public through a designated exchange market.
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