Topic: ANN:Providence, Pier launching January 14th! - page 2. (Read 6394 times)

Should be some new articles coming out about Providence this week!

Unless it is in the context of this thread, from the Providence PR account, or directly related to the topic of Providence, I assume nothing to do with that account was done directly "for" Providence, and further, I am not really sure what you are saying he is doing.  We are not doing a consulting service, and are building a platform for enterprises to have the tools to grow.  You can read the business plan here: https://providence.solutions/ProvidenceBusinessPlan.pdf

Dear Providence PR;

This looks like an interesting project and I'm happy to see real business get involved with BTC. However I am concerned to see that AcoinL.L.C (Matt) who works for you is making posts like this one in my own business' thread, or this one or this one, among others -- but the last one in particular because he seems to be going after someone who posted their businss certificate. There are a couple of real, Federally Incorporated businesses just like yours behind KPS, and I am beginning to wonder if Matt's posts are part of some kind of Corporate Agenda to discredit startups who have not gone through your (consulting service?). Far fetched I know, but I am struggling to understand what the reason is behind Matt making so many negative comments on other startups could be. Can you comment on whether or not these posts were made as an employee or associate of Providence or if they were made on his own? Thanks.

Here is an interview with Jared from Bitcoinist:



"Touting several services (which are listed below), and an angle that only helps Bitcoin and cryptocurrencies in general, Providence may be a one stop shop that you were looking for. The pictures below are some of the projects Providence is working on, and will only benefit Providence and the end user.

1.       What is Providence Solutions?

Providence is a next generation financial services provider.

2.       What services do you offer?

Providence offers multiple products. Currently we have a currency exchange, stock exchange, p2p credit, and p2p insurance platform built. Were planning on developing a reputation engine over the coming months. The expected launch dates for our platforms can be seen on our site: https://providence.solutions


3.       Instead of improving on other services, you decided to start your own. Why?

A favorite saying of mine, is “build the better mouse trap”. We got rid of the mouse trap, and created a permanent solution. Utilizing Ripple Trade, our products allow users to use our services with any currency. We even have the ability to accept fiat currencies built in.

For example, “John” could purchase shares in company “x” with Litecoin, and company “x” would receive compensation in their preferred currency, say Bitcoin. In addition, we are the most complete provider on the market. We also merged social media with finance. You can now follow your favorite investors, and follow their trades on the market. You can invite your facebook friends, or linkedin connections, chat with other traders and much more. Our products are the most complete financial tools the world has ever seen.

4.       How did Providence come about?

Providence came through the collaborative efforts of myself and Jared Mimms. Jared started developing Providence’s platforms well over a year ago, under the name PeerCover. Jared and I met over 4 months ago, and realized that we work well together. Thats how Providence came to be.


5.       How do you feel Providence will impact the cryptocurrency world?

Providence offers financial products that were otherwise not available to the crypto-currency industry. Since we are able to cross trade any currency through Ripple Trade, all crypto-currencies will benefit from us, not just Bitcoin.

It also greatly increases the liquidity of our markets. Our insurance platform offers a service unheard of, even in the fiat world. Providence’s suite of platforms enable every man, woman, and child to earn a passive income. Providence will not only impact the crypto-currency industry, but will change the world of financial services.

6.       How did you get into Bitcoin?

I first discovered Bitcoin in 2012, immediately after hearing about it I read everything I could find on it, and purchased a few. Its been amazing watching the industry get to where it is today.


7.       How is Providence in its current stages?

Currently were preparing our products for v1.0 launches, we completed Beta market tests last year. Were also in the process of raising funds from angel investors in order to hire more developers and purchase dedicated hosting hardware.

8.       What can we expect in the future?

Were going to be working on creating a decentral reputation engine for Android and iOS. Were also working on building decentralized Internet “random access operation” computing, more information is available on this at www.webmata.org. Finally, were working on developing a contract client.
Photo Source: Providence
For more information: https://providence.solutions/"

Jared just did a very informative interview yesterday for Denver Bitcoin Center that should be published soon.  

Realistically, one of the major problems with Ethereum is while their focus on the platform itself is necessary for the project to be built, their overall strategy puts the onus of developing the economic infrastructure on the app developers; where as Providence has a plan to create intrinsic value within the market place by giving access to real stock exchanges and real insurance.  This concerted effort at establishing not only the code infrastructure, but actual economic infrastructure creates an environment more conducive to the success of a small business than Ethereum.  Decentralized Autonomous Organizations and businesses getting into crypto will have better access to complimentary markets.
  

I have not studied much of Ripple. Providence is a very ambitious project. I think on the lines of Ethereum or even more. Good luck with the project! When will you have more updates for us?

Explain how you can take on Ethereum.

Personally I really like the Ethereum concept and hope they get their situation figured out.  I think it's bad that they aren't getting the proper time they need to deliver their project, but a lot of Ethereum investors are clearly upset.  I think it would be unwise to not learn from their mistakes, as even Vitalik has acknowledged he miscalculated the market response.

what's going on everyone going after Ethereum??! Yesterday was the Bitcoin foundation badmouthing them now you guys.

TALKING TO THE ARCHITECT OF THE PROVIDENCE PROJECT


As blockchain technology moves beyond simple peer to peer currency transfer to full on decentralized autonomous organizations, the Providence project has emerged as one of the most promising initiatives within the digital property landscape.

Genomicist, coder, eccentric, tycoon; Jared Mimms, the founder of Providence was inspired by his exceptional understanding of genome theory to start coding smart contracts.

Mimms expanded the scope of the project from smart contracts to an entire ecosystem. One of the goals is to empower individuals to be able to start businesses, then find capital without violating laws due to ignorance and inability to afford legal counsel.

In addition to this, another goal is to provide intrinsic value to the market by having affiliations with small stock exchanges, allowing exchange of cryptocurrency for stocks in real companies.

Another part of the project is to develop a currency exchange to add the element of multiple-denomination fiat and digital reserves to bolster the eco-system. Mimms wanted to make sure that the the larger vision could be realized, and this meant making sure that digital currencies and stocks can be transitioned into multiple fiat currencies.

Some digital currency purists avoid incorporating fiat into their processes, but Providence plans to have global reach and wants to avoid shutting out markets.

Within this all comes a complex reputation system to provide decentralized and objective credit ratings. This sets the stage for a direct loan system, and additionally the possibility for peer to peer insurance coverage. Using the credit and insurance systems to bolster start-ups and empower individuals alike, Mimms hopes the Providence eco-system can provide a decentralized solution to making access to capital fair for everyone.

To get a better understanding of the project, I was able to talk directly to Mimms about his plans for Providence.

Tell us about yourself and your educational/work background.

I began coding young. Knowing the discipline would increase in ease, I didn’t get too deep. I received extensive exposure to P2P technologies in extracurricular computing courses. Later, I sought mentorship. Mentored by traders in La Jolla California, I started trading forex and options in high school as my senior project. I also did basic bioinformatics.

I went to liberal arts school at Davidson College & swapped over to University of California, San Diego and took my technical stack with ease, inventing genomic-interpretation script approval guidelines and submission protocol for regulatory bodies. I am here to ensure decentralized genomic interpretation. I’m also here to make sure anyone can economically enterprise.

What tools will Providence give users?

Providence will allow people to create their own self sustaining enterprises limited by their own creativity and salesmanship. We have already built an alpha version of our technologies in a test suite called Peercover. Providence is a pathway from alternative exchange, to globalized small securities market, to reputation engine, to P2P insurance, to contract credit, to gestalten contract client.

LeadDynamo is an internalized sales tool on my other thread Omega Genomics. It allows me to email blast every published M.D., Ph.D., and researcher simultaneously about a new product launch. Omega Genomics shares the Providence strategy in the buildout of tools prior to a gestalten result.

Quite a mouthful I know but we have done this once already and have the chops to shoot straight through. Everything leading up the contract client (Paladin, Pecunia, Pilgrim, Peercover, Pier, LeadDynamo) we consider tools. The end result, the Providence platform, visually and technically portrays entire user controlled enterprises.

Although we launched many of these concepts first in our trials, first doesn’t mean best. We use a series of concepts including entropic causation and entropic resolution as well as advanced political defensive realism to make competition work in our favor.

How will these tools help users take control of their finances?

Users, or partners as we like to say, control all their funds client side across platforms, have access to a publicly auditable and cryptographically verifiable API, have access to both physical and virtual assets.

We call users partners because we are enabling “partners in life.” Partners in life is a new paradigm meaning anything you do, any value you create in our economy will produce continuous equity you can later sell or reap dividends on. We have cut time of direct public offering dramatically. We are publicly launching clients over the course of a year on an open decentralized API.

This means anyone can raise funds, anyone can invest capital, and the system enables regulatory streamlined open investment. Raising capital and investment is only one small part of the story. I don’t want to spoil it for everyone but I will say Providence places enterprising contracts in line with life and produces equity in life for everyone using the platform.

Please like the Facebook Page and follow the Twitter page:

https://www.facebook.com/ProvidenceOPS
https://twitter.com/OurProvidence

If your from the US or Australia, you must be accredited. We can accept non-accredited foreign investors if it complies with your local law. Were currently seeking a syndicator so we can accept investment as low as $1000.

Accredited investor:
http://www.investor.gov/news-alerts/investor-bulletins/investor-bulletin-accredited-investors#.VH8geaTF_K0

Sophisticated investor:
http://www.investopedia.com/terms/s/sophisticatedinvestor.asp

We can only take accredited or sophisticated investors and investments over $10,000 unless syndicated.

What sort of qualification does it need to invest privately in this project NOW? e.g. minimal amount...

We actually have over 500,000++ lines of code. As Jared (datz) mentioned were not asking for money from the community, this is an announcement of our services to come. Were planning on offering a DPO (Direct Public Offering) within 6-8 months in the spirit of P2P, as well as to offer our investors liquidity. Until then were privately funded.

Just to clarify, as we have received several PM's, this is not an alt-coin offering. We offer various FinTech products that enable people to enterprise.

If anyone has any questions, were easily reachable.

Not from the community per se, from private investors.

We have plenty of code, just not open source. We ran public trials on Peercover for a year.

There is NO section of code and you want money from community, good luck guys!

I am the main developer on Providence back from six months of intensive training in a hyperbolic time chamber. Here is the initial private investment thread. In the spirit of P2P, we plan to DPO early on our Pecunia exchange the right way.

If everyone could please vote for Webmata here:

http://brandmecrypto.com/

Indeed! I'm working on a cool video Exciting stuff, Providence is going to be huge.

Peercover was a valuable first step in executing the Providence project.  Peercover will play a major role in the ecosystem, as providing insurance is a necessary element to establishing a safe environment to foster new enterprises.  If you read through the business plan here, you will see a plan for phased construction so that we do not make the same mistakes as Ethereum and fail to deliver anything in an attempt to deliver everything.  More detailed information about partners can be found in the long form business plan.