Topic: Locked Thread please visit the ARYZE Telegram (http://t.me/ARYZE) for updates - page 5. (Read 3115 times)

AMA with Jack Nikogosian on ETH.X
In case you were not able to join us the other day, Jack participated in an Ask-Me-Anything with the ETH.X online community. Check out this article and read the top Q&As.

Link: https://medium.com/aryze/ask-me-anything-with-aryze-ceo-jack-nikogosian-8b2754476a3f

ARYZE sat down with Per Lind, advisor and prolific business development expert with an extensive knowledge of the crypto space, for an update on the existing potential of digital advancement in Southeast Asia that will revolutionize the current payment landscape and create a sustainable safe space for the remittance economy.

Link to article: https://medium.com/aryze/interview-with-per-lind-on-payments-challenges-in-asean-region-efc183853052

Greetings, ARYZE community.

Jack Nikogosian, founder and CEO of ARYZE, will have an AMA on February, 1st at 18:30 CET.

Check the details here and join the discussion on Telegram.

ARYZE CEO Jack Nikogosian will feature on Millionærklubben on 24syv with Pernille Enggaard, (Journalist / TV and Radio Host
 at Radio24syv) on Tuesday the 29th of January from 09-10.

Click this link to join the live program.

Hello AmoreJaz,
here is an explanation of how ARYZE Digital Cash is backed from their official FAQ:
Cryptocurrencies in the form of stablecoins that are backed one-to-one by real underlying fiat currencies, issued by governments.

Corporations naturally prefer to receive a currency that is not volatile in return, and that is where ARYZE digital cash comes into play; a cryptographically secure token, linked to national money that will have the benefits of quick and immutable transactions through distributed ledgers, yet also the non-volatility of fiat currency. You get the best of both worlds.

Moreover, ARYZE collateralizes stablecoins by incorporating government risk. We’re essentially insuring deposits through short-term government bonds and bills and working towards drastically reducing credit risk. This is to provide considerably less risk for corporations seeking to exchange currencies, as well as provide an additional revenue stream for ARYZE.

Furthermore, as digital cash is built on distributed ledger technologies, we can implement smart contracts for digital contract management, trade financing, and other programmable API solutions.

Using the latest modern technology, we can facilitate near zero cost transactions on a domestic level, and maximum 1% foreign exchange fees for cross-border transactions.

By government backing, I think they mean bonds issued by the corresponding central bank. So government bonds that are essentially placed in the faith of the central bank. It's not a government backed project, but the fiat-collateral is placed 80%+ in these bonds that have higher credit rating than anything else (a bank for example).
For example, in Denmark (where the team is from), they could invest into short-term bonds into public infrastructure projects that are sponsored by the government authorities.

so whose government is backing this project? how did you come up with 80% as representation from your government?

Hello there nobytes!

Well, for starters, ARYZE is not "just" another stable coin. While traditional stable coins are backed in a way where they hold fiat value in a bank account, and then issue assets backed by that underlying value, these funda are at risk because they are solely under the bank's control, should they ever freeze, go bankrupt or any other possible harmful outcome. In order to minimize this risk, ARYZE stablecoin solvency will be managed by placing a vast majority of the liquidity in government or quasi-government bonds and bills, that way, there's never the risk of default by a sovereign nation that issues its free-floating currency and where its debts are denominated in that currency.

However, one must also consider that ARYZE is not just "another stablecoin" as well. Within the ecosystem, the team will also offer a corporate cash management platform for businesses to ease the entry point and erase the barrier of knowledge of Blockchain or Crypto, merchant tools to let businesses accept digital payments from any ARYZE user and merchants as well as manage their various funds, including foreign exchanges and payments and also a mobile payment application - codenamed MAMA: Multi-Asset Modular App - also a key element on the entire suite of ARYZE products, allowing it to be bent to the demanded usage, customized to experience based on the users needs. It can be compared to what we see in browsers like Chrome and Firefox in regards to customization by extensions.  

There's much more you can learn about ARYZE if you wish so, make sure you join the conversation at the Telegram Group so you can engage with the team and the rest of the community as well!

Ok, another stable coin? Can you elaborate on how is this government backed 80%+ while other stable coins are not?

Hello there everyone in the ARYZE Community! 🙌🏼

Today the team sat down for an intellectual discussion, with the Copenhagen Institute for Futures Studies (CIFS) which - as per their Twitter Bio - "creates awareness of the future and highlights its importance to the present."

@Futuresstudies and the ARYZE team discussed the impact that Blockchain will have on the financial sector and what challenges must be overcome.

From playing around with a new cryptocurrency to working towards developing a global platform for smarter and faster payments, the conception of ARYZE started with Bitcoin Jack.

Have a look at The Birth of ARYZE.


Join the discussion on Telegram and follow ARYZE on Twitter.

While it's pure genius to move ownership around instead of the currency itself, it's surely Aryze' vast network of partners that will make this project fly in the future. Having an inter-connected platform that allows for cost-less transfer of programmable money holds endless opportunities for the future of money.

Do follow the Telegram channel for updates - or just for the great community 

There has been a lot of talks on and off about central banks working on, considering, analyzing and planning a digital version of its national currency.

Check here what ARYZE CFO Morten Nielsen has to say about this topic.


Let us know your opinion in the Telegram group. 

Follow ARYZE on the social media to get the latest updates:

Medium blog: http://medium.com/ARYZE
Twitter: http://twitter.com/ARYZEofficial
Facebook: http://facebook.com/ARYZEofficial
LinkedIn: http://linkedin.com/company/ARYZEofficial
YouTube: https://www.youtube.com/channel/UC5d8wzn4aqTXeiVOPCvOFsg
Reddit: https://www.reddit.com/r/ARYZE/

Hello, iCarus92. Thanks for your interest in ARYZE.
Private sale is concluded and the soft cap is reached.
Please join the Telegram group for more updates regarding the crowdsale. 

Interesting project. Team and advisors seem very solid. No information about token sale?

Sound good bro !

Good team, good project but i think you should make it better !

You can creat discord platform. It help for your MN sale.
You can adverse with us. We are doing discord advertisement. https://discord.gg/2FmVKDY   

reserved for future Aryze announcements