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Topic: [ANN][NOTE]DNotes - Celebrating DNotes 3rd Birthday - Forum Now Open - page 294. (Read 814544 times)

hero member
Activity: 846
Merit: 535
Thanks, Qiwoman2.  We are looking forward to it.

I spent the entire day working on PR related matters yesterday. PR is most effective when we have a lot of people working together, and in DNotes case - to get out a clear, positive, and consistent message. It will be most helpful if our community can make an extra effort to send a positive email of appreciation to the writer of every crypto currency related article you enjoyed reading. Make mention of DNotes with an honest comment as to why the writer might be interested to checkout DNotes. Attach a link to our most current press releases, DNotes forum, CryptoMoms forum and DNotesVault.

Make it brief. Don't be shocked that many of them have not heard of DNotes. We must have done a better job in maintaining a "low profile" than needed. We have been working hard for a long time with a lot accomplished. It is time to let the world know that the next greatest technology revolution since the Internet is already in play:

“The world we live in has always been dynamic, constantly reacting and adjusting to the needs for change. What we could be underestimating this time is the massive potential for job and wealth creation. We are already living in a hyperconnected world with super-computing power at our finger tips. Over five billion people will be online equipped with significantly more powerful computing power by 2020. Technologies have always been ahead of regulations. This time around the speed of an accommodating regulatory environment to promote rather than to stifle the greatest innovation since the Internet could be the greatest competitive edge among nations. Bitcoin as a digital currency coupled with the immense power of the Blockchain is the solution to many global problems confronting mankind today. There may not be another global opportunity of this magnitude a single nation can exploit to gain an enormous advantage.”

We have two weeks to get ready to roll out "CRISP For Students" We will launch it in a small scale signing up 100 to 200 students in the first few months. This is a global project to grow our next generation of leadership. Most importantly we should use it as a platform to help solve a global problem and turn into an opportunity for the mutual benefits of many.

Student loan crises are very real global problems, with serious and damaging consequences. They bring about doubts if investing in one's education is still a good thing. Every parent will tell you that "Yes, it is." That is the message we are sending through CRISP For Students. Together we will help to solve another global problem and make it a global opportunity to mutually benefit millions around the word. After all, that is one of our highly scalable building blocks.




Agreed. Student loans are going to wreck the futures of Gen Y and Gen Z. Not only this, but social security will have long collapsed by the time Gen Y even get near retiring! This means that Gen Y and Gen Z will have to not only fund the retirement of the generations that lived before them, but also fully fund their own retirement - basically, have to fully pay for retirement twice, while juggling massive student loan debt!

Thankfully DNotes has provided CRISP for Retirement and CRISP for Students to ameliorate the difficulties that people from any generation will face!
legendary
Activity: 1610
Merit: 1060
Thanks, Qiwoman2.  We are looking forward to it.

I spent the entire day working on PR related matters yesterday. PR is most effective when we have a lot of people working together, and in DNotes case - to get out a clear, positive, and consistent message. It will be most helpful if our community can make an extra effort to send a positive email of appreciation to the writer of every crypto currency related article you enjoyed reading. Make mention of DNotes with an honest comment as to why the writer might be interested to checkout DNotes. Attach a link to our most current press releases, DNotes forum, CryptoMoms forum and DNotesVault.

Make it brief. Don't be shocked that many of them have not heard of DNotes. We must have done a better job in maintaining a "low profile" than needed. We have been working hard for a long time with a lot accomplished. It is time to let the world know that the next greatest technology revolution since the Internet is already in play:

“The world we live in has always been dynamic, constantly reacting and adjusting to the needs for change. What we could be underestimating this time is the massive potential for job and wealth creation. We are already living in a hyperconnected world with super-computing power at our finger tips. Over five billion people will be online equipped with significantly more powerful computing power by 2020. Technologies have always been ahead of regulations. This time around the speed of an accommodating regulatory environment to promote rather than to stifle the greatest innovation since the Internet could be the greatest competitive edge among nations. Bitcoin as a digital currency coupled with the immense power of the Blockchain is the solution to many global problems confronting mankind today. There may not be another global opportunity of this magnitude a single nation can exploit to gain an enormous advantage.”

We have two weeks to get ready to roll out "CRISP For Students" We will launch it in a small scale signing up 100 to 200 students in the first few months. This is a global project to grow our next generation of leadership. Most importantly we should use it as a platform to help solve a global problem and turn into an opportunity for the mutual benefits of many.

Student loan crises are very real global problems, with serious and damaging consequences. They bring about doubts if investing in one's education is still a good thing. Every parent will tell you that "Yes, it is." That is the message we are sending through CRISP For Students. Together we will help to solve another global problem and make it a global opportunity to mutually benefit millions around the word. After all, that is one of our highly scalable building blocks.


jr. member
Activity: 41
Merit: 10
Crypto
legendary
Activity: 2114
Merit: 1023
Oikos.cash | Decentralized Finance on Tron
As Credit Card Fraud Reaches New Highs Bitcoin Alternative DNotes Brings Banking Solutions, Stability, And Value


Bitcoin Press Release: As credit card fraud cases reach new highs, the legacy banking system may soon be challenged by Bitcoin Alternative DNotes with an impressive track record of stability and good store of value; two of the most commonly cited reasons that Bitcoin is not a viable threat.

There is an inherent tendency for promising emerging technologies to be deceptive at the formative stage, especially when perceived to be highly disruptive. According to DNotes Co-Founder Alan Yong, a well regarded pioneer and visionary during the early days of mobile computers, this has clearly been the case with Bitcoin, despite often being described as the greatest technology innovation since the Internet. The Bitcoin space has received a staggering investment of almost $500 million from Venture Capital funding in 2014 alone, followed by over $100 million during the first two months of 2015.

No matter how promising, emerging technologies are never perfect, providing room for critics to predict their early demise with sensational headlines. The legacy banking system – being an integral part of an outdated and costly credit and debit card payment network system – has been among those critics. Being the most direct targets of disruption, senior bank and credit card companies’ executives often discount Bitcoin as a threat because of its explosive volatility and poor track record as a store of value. Bitcoin as a medium of exchange has not gained meaningful scale to cause much pain either. In such an environment, the immensely promising Bitcoin with the potential to be the greatest technology revolution of our generation can be quite deceptive; causing many to look back a few years from now wondering how they could have missed the early promising signs.

DNotes can best be characterized, as a second generation Bitcoin alternative digital currency. Created over one year ago, it exploited the advantages of knowing the weaknesses and pitfalls that penalized Bitcoin as the pioneer. It objectively studied Bitcoin’s strengths and weaknesses as well as threats and opportunities. DNotes was created on February 18, 2014 with an objective to meet the full functions of fiat currency as a unit of account, store of value and medium of exchange within three years. It decided to take a very different path since day one in building a trustworthy stable digital currency with reliable long term appreciation.

Central to DNotes long term strategic plan is the creation of highly scalable building blocks, as the foundation of its own ecosystem. Those strategic building blocks include CryptoMoms; a currency neutral site dedicated to encourage women participation, DNotesVault; a free secure storage for DNotes’ stakeholders with 100% deposit guarantee with verifiable funds, and CRISPs; a family of Cryptocurrency Investment Savings Plans for everyone worldwide. The core mission of CRISP is to make the savings opportunity available to everyone; from the unborn to the most senior; from the unbanked to the super rich. The opportunity for anyone to participate irrespective of financial standing, coupled with combined charity efforts will bring about much needed financial freedom for millions worldwide.


Yong explained that,

“winning strategies are most effective when executed flawlessly in the right sequence and at the most opportune time. Until there is a stable digital currency everyone can understand, trust and feel comfortable about, attempts to promote it as a medium of exchange will cost more harm than good. In the case of DNotes, the medium of exchange function will not kick until its third year; at which time many small business owners and their employees are anticipated to be DNotes stakeholders and participants in one of its cryptocurrency savings plans.”


DNotes’ ecosystem is strategically linked and systematically executed towards the ultimate goal of mass consumer and mass merchant adoption of DNotes as a medium of exchange in global commerce. As a digital currency it is equal to and better than fiat currency and as a technology it holds enormous power to cause a quantum shift with world changing implications.

DNotes is a cryptographically created digital currency based on a novel decentralized peer to peer model, where trust is replaced by mathematical algorithms, eliminating the need of an intermediary such as a bank or an automatic clearing house. Assets of value such as Bitcoin, DNotes, and other digital assets can be sent and received in minutes anytime, anywhere, worldwide without the oversight of any central authority. It takes as little as two simple cell phones, or computers with an internet connection to send and receive funds. It does not require, transmit, or store any personal information and the two parties do not need to know or trust each other to successfully complete the transaction at little to no cost.

On the other hand, the legacy banking system, credit and debit card payment network systems are based on an absolute dependency on personal identity with multiple exposures that can be and have been compromised. With multiple intermediaries requiring proof of identity for the release of funds, loans and credit approval based of the “holder” of the required personal information, this has been proven repeatedly to involve high risk exposures.

The legacy credit and debit card payment network systems are costly. In addition digital currency nonreversible transactions offer a significant advantage in protecting businesses and online merchants from credit card fraud chargeback that plague many smaller online businesses dealing in credit card payments.

For more information please visit: DNotescoin.com

Media contact:

Name: Alan Yong

Email: [email protected]



Congrats good article !

Can I post this today on my blog? I been bit delayed but want to post a blog post tonight for DNOTES..  Smiley

Certainly and will be very much appreciated, qiwoman2. Thanks.

Great I will be on to it today.. Smiley
IMZ
legendary
Activity: 1498
Merit: 1000
Im thinking about one of the most replied thing by noobs when you first explain cryptos ----- what happen if i die - loose memory, its a shit nobody can take my cryptos

Resolving this problem/issue Dnotes should win a lot, specially for CRISP

ride the weekend fokers !  Grin

cheers

I shall follow your work on this problem, infovortice. My mob has encountered a mystifying resistance to even trialing cryptos -- which leads to figuring out how to manage your own security. (As 'grass-roots' guys -- pivoting on trust-alliances -- we have an 'in-house security-overlap structure' that would deal with the loss of a key player.)

To get people 'hands on,' we've tried 'mentoring' (offer of free open-ended tech-support). We've tried giving away cryptos. We've tried 'training-coins.'

'Red Dogs' were the most successful:

you get three or four $100 tablets; download (say) the Doge or Franko android wallet; pump insignificant amounts of coin into each wallet; set the tablet up so it latches onto any wi-fi it encounters; promise free tech-support (we opened a Website); and . . .

then just give them to a group of people who know each other: no contracts. no paperwork. "Take this. Enjoy! If you break it, I'll give you another one. If you lose the coin, I'll give you some more. We'll walk you through the security aspects later"

Mark (IndiaMikeZulu), Australia
legendary
Activity: 1932
Merit: 1111
DNotes
Heres something that really bugs me. This kind of crap hurts us all and should be fought against at every turn. Below is an unsolicited email I received today

------------------------------------------------------------
Incredible new banking system has the Feds rattled...
  
Dear Reader,
  
I haven't seen anything like this before…
  
  • An entirely new way to bank is exploding around the world.
      
    It's completely independent of the government and the central banking system.
      
    Best of all its being run entirely by ordinary people just like you...
      
    I call it the "underground banking system."
      
    As you can imagine, Wall Street, the Fed and Congress are freaking out at the benefits this is offering people.
      
    Not only are people getting an unprecedented level of privacy and security… many who have stuck with it had the opportunity to make as much as 5,000% on their investment.
      
    One U.S. senator even asked if this might "replace the Swiss Bank account."
      
    The truth is… it could be much bigger.
      
    You need to see this before they try to shut it down.
 
Click here now to learn how to take advantage of this incredible new banking system.
http://www.archater.work/l/lc1U2422SL429BI/491R1379SR2450R139I32618226DI3327745198
  
Sincerely,
  
Doug Hill
Director, Laissez Faire Club
------------------------------------------------------------

The reason I posted this is simple, we all need to do whatever we can to expose these things and inform people how Bitcoin and crypto really works. This guy is a hustler and con artist. He isn't doing crypto any favors. Anyone who invests because of what they will read in the presentation attached to this will be sorely disappointed. I feel we all have a duty to play a part in public education and debunking myths and misinformation so, please if your friends ask about this or receive this spam email, set them straight.




This type of practice is fairly common in the information marketing world, with all kinds of false information and fake statistics.
RJF
hero member
Activity: 616
Merit: 500
Online since '89...
Heres something that really bugs me. This kind of crap hurts us all and should be fought against at every turn. Below is an unsolicited email I received today

------------------------------------------------------------
Incredible new banking system has the Feds rattled...
 
Dear Reader,
 
I haven't seen anything like this before…
 
  • An entirely new way to bank is exploding around the world.
     
    It's completely independent of the government and the central banking system.
     
    Best of all its being run entirely by ordinary people just like you...
     
    I call it the "underground banking system."
     
    As you can imagine, Wall Street, the Fed and Congress are freaking out at the benefits this is offering people.
     
    Not only are people getting an unprecedented level of privacy and security… many who have stuck with it had the opportunity to make as much as 5,000% on their investment.
     
    One U.S. senator even asked if this might "replace the Swiss Bank account."
     
    The truth is… it could be much bigger.
     
    You need to see this before they try to shut it down.
 
Click here now to learn how to take advantage of this incredible new banking system.
http://www.archater.work/l/lc1U2422SL429BI/491R1379SR2450R139I32618226DI3327745198
 
Sincerely,
 
Doug Hill
Director, Laissez Faire Club
------------------------------------------------------------

The reason I posted this is simple, we all need to do whatever we can to expose these things and inform people how Bitcoin and crypto really works. This guy is a hustler and con artist. He isn't doing crypto any favors. Anyone who invests because of what they will read in the presentation attached to this will be sorely disappointed. I feel we all have a duty to play a part in public education and debunking myths and misinformation so, please if your friends ask about this or receive this spam email, set them straight.


legendary
Activity: 1932
Merit: 1111
DNotes
Drink too much is bad guys  Huh

about idea of what happen when one Dnotes CRISP holder die, is not a minor issue, how can CRISP solve it?

I don't think we need to have a specific solution. It's up to the account holder to make provision in their estate planning. If proper paperwork is presented, it can be turned over to the estate. Might be helpful to have some extra records attached to the accounts for executors to shortcut some of the red tape but, not typically DNotes responsibility.

"Typically, an executor must: Find the deceased person's assets and manage them until they are distributed to inheritors. This may involve deciding whether to sell real estate or securities owned by the deceased person. Decide whether or not probate court proceedings are needed."

Perhaps a downloadable document showing proof of ownership of an account with contact methods and information. Leave it up to the account holder to download and file with other important papers. That would work.


 

The advantage in this scenario, if the user is using a DNotesVault account, is that the funds are recoverable by the DNotes team if proper legal documentation is provided. Whereas using a any desktop wallet, the funds may be lost to a missing password.
RJF
hero member
Activity: 616
Merit: 500
Online since '89...
Drink too much is bad guys  Huh

about idea of what happen when one Dnotes CRISP holder die, is not a minor issue, how can CRISP solve it?

I don't think we need to have a specific solution. It's up to the account holder to make provision in their estate planning. If proper paperwork is presented, it can be turned over to the estate. Might be helpful to have some extra records attached to the accounts for executors to shortcut some of the red tape but, not typically DNotes responsibility.

"Typically, an executor must: Find the deceased person's assets and manage them until they are distributed to inheritors. This may involve deciding whether to sell real estate or securities owned by the deceased person. Decide whether or not probate court proceedings are needed."

Perhaps a downloadable document showing proof of ownership of an account with contact methods and information. Leave it up to the account holder to download and file with other important papers. That would work.


 
legendary
Activity: 1176
Merit: 1000
Drink too much is bad guys  Huh

about idea of what happen when one Dnotes CRISP holder die, is not a minor issue, how can CRISP solve it?
legendary
Activity: 1610
Merit: 1060
@ Dyna: I shall sit quietly and read for some time. In a word though: the discipline that I see here is unique in my experience of crypto communities.

Mark (IndiaMikeZulu), Australia

Mark, I appreciate that observation. There is a lot of truth to that. Without the discipline to hold back from reacting instinctively we would have made a lot of mistakes and created a very different culture, one that is not always productive or one that is as inspiring.

Our guiding principal is to treat everyone with respect and not quickly jump into the wrong conclusions. We make every effort to promote a supportive and respectful culture so that we all can work productively together for the mutual benefits of everyone. Such an environment is significantly more productive and stress free.

In contrast to our industry, that is a different mindset, a different philosophy and a different believe system. However, that defines DNotes as the currency we trust. With a level of trust that we can consistently depend on, many of us will help promote it, protect it, save it and use it as the medium of exchange. Its superiority over fiat currency will eventually makes it the preferred medium for the more fortunate to help those who are less fortunate. But that is not all. DNotes’ fundamental value will be supported with different for profit properties that have a healthy growth rate. Those are some of our highly scalable building blocks. The discipline to do the right things at the right time without taking advantage of some at the expense of others is an integral part of our model for success.



     The one quote that stands out among all others, sums up DNotes:

"With a level of trust that we can consistently depend on, many of us will help promote it, protect it, save it and use it as the medium of exchange".

     That is the ONLY way for DNotes to thrive, having EVERYONE pull on the rope, in the same direction!!

Smokey

Thanks, Smokey. I am glad it caught your attention. That indeed defined the DNotes' difference.  Of course, DNotes is different in many ways, making it difficult for others to replicate. That itself gives a great deal of confidence that DNotes will be very successful which in turn makes it more justifiable for us to go beyond the call of duty to support it.

DNotes is not just another digital currency. It is the Digital Currency of the Future with a Purpose. DNotes will be utilizing CRISP to make savings opportunities available to everyone; from the unborn to the most senior; from the unbanked to the super rich. The opportunity for anyone to participate irrespective of financial standing, coupled with combined charity efforts will bring about much needed financial freedom for millions worldwide.

sr. member
Activity: 452
Merit: 250
As Credit Card Fraud Reaches New Highs Bitcoin Alternative DNotes Brings Banking Solutions, Stability, And Value


Bitcoin Press Release: As credit card fraud cases reach new highs, the legacy banking system may soon be challenged by Bitcoin Alternative DNotes with an impressive track record of stability and good store of value; two of the most commonly cited reasons that Bitcoin is not a viable threat.

There is an inherent tendency for promising emerging technologies to be deceptive at the formative stage, especially when perceived to be highly disruptive. According to DNotes Co-Founder Alan Yong, a well regarded pioneer and visionary during the early days of mobile computers, this has clearly been the case with Bitcoin, despite often being described as the greatest technology innovation since the Internet. The Bitcoin space has received a staggering investment of almost $500 million from Venture Capital funding in 2014 alone, followed by over $100 million during the first two months of 2015.

No matter how promising, emerging technologies are never perfect, providing room for critics to predict their early demise with sensational headlines. The legacy banking system – being an integral part of an outdated and costly credit and debit card payment network system – has been among those critics. Being the most direct targets of disruption, senior bank and credit card companies’ executives often discount Bitcoin as a threat because of its explosive volatility and poor track record as a store of value. Bitcoin as a medium of exchange has not gained meaningful scale to cause much pain either. In such an environment, the immensely promising Bitcoin with the potential to be the greatest technology revolution of our generation can be quite deceptive; causing many to look back a few years from now wondering how they could have missed the early promising signs.

DNotes can best be characterized, as a second generation Bitcoin alternative digital currency. Created over one year ago, it exploited the advantages of knowing the weaknesses and pitfalls that penalized Bitcoin as the pioneer. It objectively studied Bitcoin’s strengths and weaknesses as well as threats and opportunities. DNotes was created on February 18, 2014 with an objective to meet the full functions of fiat currency as a unit of account, store of value and medium of exchange within three years. It decided to take a very different path since day one in building a trustworthy stable digital currency with reliable long term appreciation.

Central to DNotes long term strategic plan is the creation of highly scalable building blocks, as the foundation of its own ecosystem. Those strategic building blocks include CryptoMoms; a currency neutral site dedicated to encourage women participation, DNotesVault; a free secure storage for DNotes’ stakeholders with 100% deposit guarantee with verifiable funds, and CRISPs; a family of Cryptocurrency Investment Savings Plans for everyone worldwide. The core mission of CRISP is to make the savings opportunity available to everyone; from the unborn to the most senior; from the unbanked to the super rich. The opportunity for anyone to participate irrespective of financial standing, coupled with combined charity efforts will bring about much needed financial freedom for millions worldwide.


Yong explained that,

“winning strategies are most effective when executed flawlessly in the right sequence and at the most opportune time. Until there is a stable digital currency everyone can understand, trust and feel comfortable about, attempts to promote it as a medium of exchange will cost more harm than good. In the case of DNotes, the medium of exchange function will not kick until its third year; at which time many small business owners and their employees are anticipated to be DNotes stakeholders and participants in one of its cryptocurrency savings plans.”


DNotes’ ecosystem is strategically linked and systematically executed towards the ultimate goal of mass consumer and mass merchant adoption of DNotes as a medium of exchange in global commerce. As a digital currency it is equal to and better than fiat currency and as a technology it holds enormous power to cause a quantum shift with world changing implications.

DNotes is a cryptographically created digital currency based on a novel decentralized peer to peer model, where trust is replaced by mathematical algorithms, eliminating the need of an intermediary such as a bank or an automatic clearing house. Assets of value such as Bitcoin, DNotes, and other digital assets can be sent and received in minutes anytime, anywhere, worldwide without the oversight of any central authority. It takes as little as two simple cell phones, or computers with an internet connection to send and receive funds. It does not require, transmit, or store any personal information and the two parties do not need to know or trust each other to successfully complete the transaction at little to no cost.

On the other hand, the legacy banking system, credit and debit card payment network systems are based on an absolute dependency on personal identity with multiple exposures that can be and have been compromised. With multiple intermediaries requiring proof of identity for the release of funds, loans and credit approval based of the “holder” of the required personal information, this has been proven repeatedly to involve high risk exposures.

The legacy credit and debit card payment network systems are costly. In addition digital currency nonreversible transactions offer a significant advantage in protecting businesses and online merchants from credit card fraud chargeback that plague many smaller online businesses dealing in credit card payments.

For more information please visit: DNotescoin.com

Media contact:

Name: Alan Yong

Email: [email protected]



Best press release yet. Great job guys.
sr. member
Activity: 452
Merit: 250
It is becoming quite evident that Wall Street and the world of finance are about to line up to get a piece of digital currency action and other Blockchain related investment opportunities.

To a limited degree, Wall Street traders benefit from volatilities, giving them a wider spread for their trades, and the opportunity to making money in providing additional financial services such as currency hedging. Currency hedging does provide protection against currency loss. But there is an additional layer of cost that defeats any transaction cost savings using digital currency as a medium of exchange.

Here is my take, Bitcoin will become very popular as the currency of choice for traders; actively trading it like a commodity. It will become more stable over time, with room for further appreciation. Until it is sufficiently more stable, mass adoption of Bitcoin as a medium of exchange will be limited.

When there are options and choices; as a group, over an extended of time, people always make the right choice by picking the best option. DNotes firmly believes that it is best positioned to be the digital currency of choice in global commerce because of it stability and potential to yield the highest returns in its asset class.

Winning strategies are most effective when executed flawlessly in the right sequence and at the most opportune time.” Alan Yong 3-12-2015


+1

Winning strategies are most effective when executed flawlessly in the right sequence and at the most opportune time.” Alan Yong 3-12-2015

Words to live by.
legendary
Activity: 1610
Merit: 1060
The article below is worth reading:

"What was then considered as a threat to our traditional financial system, is now perceived as a field of opportunities. Bitcoin and other cryptocurrencies were not so long ago an exclusive playground for tech-savvies and libertarians, but have now caught the eye of Wall Street, which is certainly looking to make the best out of it".

It is becoming quite evident that Wall Street and the world of finance are about to line up to get a piece of digital currency action and other Blockchain related investment opportunities.

To a limited degree, Wall Street traders benefit from volatilities, giving them a wider spread for their trades, and the opportunity to making money in providing additional financial services such as currency hedging. Currency hedging does provide protection against currency loss. But there is an additional layer of cost that defeats any transaction cost savings using digital currency as a medium of exchange.

Here is my take, Bitcoin will become very popular as the currency of choice for traders; actively trading it like a commodity. It will become more stable over time, with room for further appreciation. Until it is sufficiently more stable, mass adoption of Bitcoin as a medium of exchange will be limited.

When there are options and choices; as a group, over an extended of time, people always make the right choice by picking the best option. DNotes firmly believes that it is best positioned to be the digital currency of choice in global commerce because of its stability and potential to yield the highest returns in its asset class.

Winning strategies are most effective when executed flawlessly in the right sequence and at the most opportune time.” Alan Yong 3-12-2015

********************************

By: Diana Ngo
Cointelegraph  -  2015-03-12 09:00 PM

Wall Street Bitcoin Alliance Looking to Shape the New 'Finance 2.0' Era

The Wall Street Bitcoin Alliance (WSBA), a trade advocacy group composed of financial market professionals, is looking to "guide and promote comprehensive adoption of digital currency and blockchain technology across financial markets."

The organization, which launched today, wants to educate and promote the usage of bitcoin and blockchain technology to financial professionals. Another part of the job will consist in engaging with regulators, policymakers and technology leaders to lead public discussions around digital currencies and blockchain technology, the organization said in a release.

According to Founder and Executive Director, Ron Quaranta:
"Bitcoin and blockchain technology and protocols represent a seismic shift in how financial markets, and all aspects of the global economy, will operate in the future."

Quaranta said his organization will be working to incorporate and adapt these "powerful technological advances" to the world of "Finance 2.0." He believes that in the long run, these innovations will lead to "more efficient markets, more cost-effective solutions for equity ownership, investment and trading, and ultimately greater value and wealth creation."

Quaranta is also the CEO of Digital Currency Labs, a financial technology and strategic advisory firm whose mission is to "bridge the gap between the emerging world of digital currencies and Wall Street."

In an interview with Bitcoinist, the executive defined "Finance 2.0" as what he believes to be "the future of global financial markets."

He explained:
"The ability to operate using blockchain technology and create trustless counterparty interactions on a global scale will reinvent how many long standing industries operate.

Finance 2.0 is the reinvention of capital allocation and movement on a global scale."

In addition to Quaranta, Executive Committee members include James Jalil, senior partner and head of the cryptocurrency practice at the law firm of Thompson Hine; Gil Luria, Managing Director at Wedbush Securities; and Christian Martin, Chief Executive Officer of TeraExchange, the world's first bitcoin derivatives exchange to receive approval from the US Commodity Futures Trading Commission (CFTC).

Tera Group, Inc., the owner of TeraExchange, LLC, announced last month it had entered into an agreement with MGT Capital Investments that would find the operator of TeraExchange's bitcoin derivatives platform, going public on the New York Stock Exchange (NYSE).

What was then considered as a threat to our traditional financial system, is now perceived as a field of opportunities. Bitcoin and other cryptocurrencies were not so long ago an exclusive playground for tech-savvies and libertarians, but have now caught the eye of Wall Street, which is certainly looking to make the best out of it.

In late-January 2015, Coinbase raised US$75 million in a funding round that included backers from large financial institutions such as USAA Bank and the New York Stock Exchange itself.

CoinTelegraph reached out to the Wall Street Bitcoin Alliance for comments, but did not receive a response at the time of writing.

 
http://cointelegraph.com/news/113693/wall-street-bitcoin-alliance-looking-to-shape-the-new-finance-era
full member
Activity: 157
Merit: 100
@ Dyna: I shall sit quietly and read for some time. In a word though: the discipline that I see here is unique in my experience of crypto communities.

Mark (IndiaMikeZulu), Australia

Mark, I appreciate that observation. There is a lot of truth to that. Without the discipline to hold back from reacting instinctively we would have made a lot of mistakes and created a very different culture, one that is not always productive or one that is as inspiring.

Our guiding principal is to treat everyone with respect and not quickly jump into the wrong conclusions. We make every effort to promote a supportive and respectful culture so that we all can work productively together for the mutual benefits of everyone. Such an environment is significantly more productive and stress free.

In contrast to our industry, that is a different mindset, a different philosophy and a different believe system. However, that defines DNotes as the currency we trust. With a level of trust that we can consistently depend on, many of us will help promote it, protect it, save it and use it as the medium of exchange. Its superiority over fiat currency will eventually makes it the preferred medium for the more fortunate to help those who are less fortunate. But that is not all. DNotes’ fundamental value will be supported with different for profit properties that have a healthy growth rate. Those are some of our highly scalable building blocks. The discipline to do the right things at the right time without taking advantage of some at the expense of others is an integral part of our model for success.



     The one quote that stands out among all others, sums up DNotes:

"With a level of trust that we can consistently depend on, many of us will help promote it, protect it, save it and use it as the medium of exchange".

     That is the ONLY way for DNotes to thrive, having EVERYONE pull on the rope, in the same direction!!

Smokey
legendary
Activity: 1610
Merit: 1060
CRISP Watch Board Game



Welcome to the DNotes forum, cojack. Nicely done on the board game. Thank you!

Thanks for participating in the contest, cojack. It shows great efforts. Good job.
legendary
Activity: 1932
Merit: 1111
DNotes
CRISP Watch Board Game



Welcome to the DNotes forum, cojack. Nicely done on the board game. Thank you!
legendary
Activity: 1610
Merit: 1060
@ Dyna: I shall sit quietly and read for some time. In a word though: the discipline that I see here is unique in my experience of crypto communities.

Mark (IndiaMikeZulu), Australia

Mark, I appreciate that observation. There is a lot of truth to that. Without the discipline to hold back from reacting instinctively we would have made a lot of mistakes and created a very different culture, one that is not always productive or one that is as inspiring.

Our guiding principal is to treat everyone with respect and not quickly jump into the wrong conclusions. We make every effort to promote a supportive and respectful culture so that we all can work productively together for the mutual benefits of everyone. Such an environment is significantly more productive and stress free.

In contrast to our industry, that is a different mindset, a different philosophy and a different believe system. However, that defines DNotes as the currency we trust. With a level of trust that we can consistently depend on, many of us will help promote it, protect it, save it and use it as the medium of exchange. Its superiority over fiat currency will eventually makes it the preferred medium for the more fortunate to help those who are less fortunate. But that is not all. DNotes’ fundamental value will be supported with different for profit properties that have a healthy growth rate. Those are some of our highly scalable building blocks. The discipline to do the right things at the right time without taking advantage of some at the expense of others is an integral part of our model for success.

newbie
Activity: 7
Merit: 0
legendary
Activity: 1176
Merit: 1000
Im thinking about one of the most replied thing by noobs when you first explain cryptos ----- what happen if i die - loose memory, its a shit nobody can take my cryptos

Resolving this problem/issue Dnotes should win a lot, specially for CRISP

ride the weekend fokers !  Grin

cheers
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