Update:
CIRCULATING UNITS: 700,000,004.00 PUP
MARKET CAP: $36,400,000,208.00
source: Trading Portal+Wallet
Topic: [PUREPOUND] [PUP] The Next Generation Cryptocurrency – Philippines (Read 185 times)
June 04, 2018, 10:48:12 PM
Thanks for acknowledgement, but our vision is to lift up the lives of Filipino people in the Philippines. 
June 04, 2018, 09:53:31 PM
Nagbabago na talaga ang mundo ngayon at unti-unti ng binabago ang ating mga pananaw sa buhay lalo na as aspetong pang-ekonomiya at kaperahan. A a Filipino, it is my pride to my fellowmen getting into the blockchain technology and cryptocurrency as the new money in the new world order. I can see a big potential on this arena and I am sure that we Filipinos can get a stake on its future. The time has come for us to be part of the action and not anymore as spectator. With this newly introduced cryptocurrency called as PurePound...am concerned about the trillion tokens...is that not a big disadvantage as compared to other projects already in the marketplace and those still about to open themselves to the public? Marami pong salamat...
June 04, 2018, 09:33:39 PM
[PUREPOUND] [PUP] The Next Generation Cryptocurrency – Mobile Cryto!!!
Support our own cryptocurrency here in the Philippines
Initial Coin Offering (ICO) was first launched in Bacolod City, Philippines, with other areas coming shortly
Total Pre-mined Coins: 1.209 Trillion Units
Duration: 12 months
What is Pure Pound(PUP)?
- Pure Pound is the cryptocurrency for emerging markets. It prides itself as the medium of exchange for the 4th Industrial Revolution and the Internet of Things. As an advocate of data mining and agriculture, it is uniquely positioned as a tool for improving lives in the fastest growing region in the world. We envision SE Asia as the next center of economic and technological development in the world.
- Pure Pound uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of purepounds is carried out collectively by the network. Pure Pound is open-source; its design is public, nobody owns or controls Pure Pound and everyone can take part. Through many of its unique properties, Pure Pound allows exciting uses that could not be covered by any previous payment system.
- Pure Pound wants to address crushing poverty by creating a new standard of wealth, distributing monetary supply, changing rules of fiscal policies, thereby decentralizing power. We believe that the capacity and ability to create money should be given to the people. Since money should be a servant of society, it should be put into serving its true master - the community who created it.
Who created Pure Pound(PUP)?
Pure Pound is an application of the POUND Protocol. It is an implementation of a concept called "cryptocurrency", which was first described in 1998 by Wei Dai on the cypherpunks mailing list, suggesting the idea of a new form of money that uses cryptography to control its creation and transactions, rather than a central authority. It is inspired by the block-chain technology that powers the BTC network. The first Pure Pound specification and proof of concept was based in the 2009 open-source cryptography mailing list by Satoshi Nakamoto, called as the White Paper for Bitcoin. The crypto-community has since grown exponentially with many developers working on similar projects like Bitcoin, Ethereum, Ripple, Iota, and the like.
Who controls the Pure Pound network?
Nobody owns the Pure Pound network much like no one owns the technology behind e-mail. Pure Pound is controlled by all Pure Pound users around the world. While developers are improving the software, they can't force a change in the Pure Pound protocol because all users are free to choose what software and version they use. In order to stay compatible with each other, all users need to use software complying with the same rules. Pure Pound can only work correctly with a complete consensus among all users. Therefore, all users and developers have a strong incentive to protect this consensus.
Vision
TEN-POINT PLATFORM OF DEVELOPMENT FOR EMERGING MARKETS
PUP Development. This includes the polishing and full-integration of features. Pure Pound is directed to facilitate faster transactions using the CHTT derivative of the POUND Protocol. This also allows for off-line transfers using 2G network, bluetooth, NFC, and WiFi-Direct;
PUP Stability. Development, speed, and scalability are three areas where PUP needs to thrive to become a digital asset;
Dominance. There is a need for PUP to expand in prime markets to sustain its personal development as a competitive currency;
Decentralization. The need to distribute coins, mining operations, and decision-making are the three key-points needed to ensure unbiased development of PUP thereby maintaining its competitive advantage;
Liquidity. The release of desktop wallets in Windows and Mac systems along-side the mobile application on the Android and iOS platforms is seen to increase the community behind PUP, attracting other investors in the process;
Exchanges and Trading Portals. To become a truly global cryptocurrency, the community must assert for the establishment of Virtual Currency Exchanges (VCEs) and Trading Portals (TPs) to provide an efficient venue for exchanging PUP units to fiats, other cryptocurrencies, products, services, and other commodities;
Distributed Coins. The PUP Foundation will ensure fair distribution of PUP units to target organizations (TOs). This mechanism will infuse capital to TOs which is seen to spark their businesses allowing them to generate jobs for the community where they operate;
Sales. The PUP Cooperative will fully integrate the payment system and e-commerce set-up to help TOs achieve business growth, resultive
Marketing. To sustain growth and development, the PUP Community must organize a dedicated channel to facilitate advertisement of products from its TOs. This method is seen to produce self-sustaining SMEs in the community;
Innovation. For PUP to become a truly global currency of the future, the PUP Community must preserve its competitive advantage by opening doors for steady development anchored on competitive ideas and technological innovation.
Read Our
PROSPECTUS
Features
REVOLUTIONIZING INTERNET PAYMENT SYSTEMS
The Pure Pound protocol is not just about sending money from Client A to Client B. It has many features and opens many possibilities that the community is still exploring. Here are some of the technologies currently being researched and in some cases, turned into real products and services. The most interesting uses of Pure Pound are probably still to be discovered.
Control against fraud
An unprecedented level of security is possible with Pure Pound. The network provides users with protection against most prevalent frauds like charge backs or unwanted charges, and pounds are impossible to counterfeit. Users can backup or encrypt their wallet and hardware wallets could make it very difficult to steal or lose money in the future. Pure Pound is designed to allow its users to have complete control over their money using the ever popular mobile computing technology.
Global accessibility
All payments in the world can be fully inter-operable. Pure Pound allows any bank, business or individual to securely send and receive payments anywhere at any time, with or without a bank account. Pure Pound is available in a large number of countries that still remain out of reach for most payment systems due to their own limitations. Pure Pound increases global access to commerce and it can help international trades to flourish.
Cost efficiency
With the use of cryptography, secure payments are possible without slow and costly middlemen. A Pure Pound transaction can be much cheaper than its alternatives and be completed in a short time. This means Pure Pound holds some potential to become a common way to transfer any currency in the future. Pure Pound could also play a role in reducing poverty in many countries by cutting high transaction fees on workers' salary.
Tips and donations
Pure Pound has been a particularly efficient solution for tips and donations in several cases. Sending a payment only requires one click and receiving donations can be as simple as displaying a QR code. Donations can be visible for the public, giving increased transparency for non-profit organizations. In cases of emergencies such as natural disasters, Pure Pound donations could contribute to a faster international response.
Crowdfunding
Pure Pound can be used to run sourced crowd-funding campaigns, in which individuals pledge money to a project that is taken from them only if enough pledges are received to meet the target. Such assurance contracts are processed by the Pure Pound protocol, which prevents a transaction from taking place until all conditions have been met.
Micro payments
Imagine listening to Internet radio paid by the second, viewing web pages with a small tip for each ad not shown, or buying bandwidth from a WiFi hot spot by the kilobyte. Pure Pound is efficient enough to make all of these ideas possible. Discover more about the technology behind Pure Pound micro payments or about future upgrades currently being designed and implemented to make micro payments more accessible.
Dispute mediation
Pure Pound can be used to develop innovative dispute mediation services using multiple signatures. Such services could make it possible for a third party to approve or reject a transaction in case of disagreement between the other parties without having control on their money. Since these services would be compatible with any user and merchant using Pure Pound, this would likely lead to free competition and higher quality standards.
Multi-signature accounts
Multiple signatures allow a transaction to be accepted by the network only if a certain number of a defined group of persons agree to sign the transaction. This could be used by a board of directors to prevent any member to spend parts of their treasury without other members' consent. This can also be used by banks to prevent theft by blocking payments above a threshold if the user does not provide additional credentials.
Trust and integrity
Pure Pound offers solutions to many of the trust problems that plague banks. With selective accounting transparency, digital contracts, and irreversible transactions, Pure Pound can be used as a ground to restore trust and agreement. Crooked banks cannot cheat the system to make a profit at the expense of other banks or the public. A future in which major banks would support Pure Pound could help to reinstate integrity and trust in financial institutions.
Resilience and decentralization
By its high decentralization, Pure Pound created a different form of payment network with an increased level of resilience and redundancy. Pure Pound can handle millions of dollars in trades without requiring military protection. With no central point of failure such as a data center, attacking the network is a more difficult project. Pure Pound could represent an interesting step forward in securing local and global financial systems.
Flexible transparency
All Pure Pound transactions are public and transparent and the identity of the people behind the payments is private by default. This allows individuals and organizations to work with flexible transparency rules. For instance, a business can choose to reveal certain transactions and balances only to certain employees just like a non-profit organization is free to allow the public to see how much they receive in daily and monthly donations.
Automated solutions
Automated services usually have to deal with costs and limitations of cash or credit card payments. This includes all kinds of vending machines, from bus ticket booths to coffee machines. Pure Pound is suited to be used in a new generation of automated services as well as to cut their operating costs. Imagine self-driving taxis, or a store where your basket lets you pay your purchases without waiting at the queue. Many ideas are possible.
Innovation
SUPPORT PURE POUND
Pure Pound is a protocol that was born from a small community and has grown fast since. There are a lot of things you can do to help Pure Pound to spread and improve over time.
FAQ
How does Pure Pound work?
From a user perspective, Pure Pound is nothing more than a mobile app or computer program that provides a personal Pure Pound wallet and allows a user to send and receive pure pounds with them. This is how Pure Pound works for most users. Behind the scenes, the Pure Pound network is sharing a public ledger called the "APL". This ledger contains every transaction ever processed, allowing a user's computer to verify the validity of each transaction. The authenticity of each transaction is protected by digital signatures anchored on the Cryptographic Hash Algorithm (CHA) 1024-bit hashing technology which was developed uniquely for PUP. This process corresponds to the sending addresses, allowing all users to have full control over sending pounds from their own Pure Pound addresses. In addition, anyone can process transactions using the computing power of specialized hardware, with key focus on using mobile phones, and earn a reward in pounds for this service. This is often called "mining" or "digital minting".
Is Pure Pound really used by people?
Yes. There are a growing number of businesses and individuals using Pure Pound. This includes brick-and-mortar businesses like restaurants, apartments, and law firms, as well as popular online services. While Pure Pound remains a relatively new phenomenon, it is growing fast and an incredible rate,
How does one acquire Pure Pound?
- As payment for goods or services.
- Using URS card to soft-mine PUP units.
- Purchase pounds at a Pure Pound exchange.
- Exchange pounds with someone near you.
- Earn pounds through competitive mining.
While it may be possible to find individuals who wish to sell pounds in exchange for a credit card or PayPal payment, most exchanges do not allow funding via these payment methods. This is due to cases where someone buys pounds with PayPal, and then reverses their half of the transaction. This is commonly referred to as a charge back.
How difficult is it to make a Pure Pound payment?
Pure Pound payments are easier to make than debit or credit card purchases, and can be received without a merchant account. Payments are made from a wallet application, either on your computer or smartphone, by entering the recipient's address, the payment amount, and pressing send. To make it easier to enter a recipient's address, many wallets can obtain the address by scanning a QR code or touching two phones together with NFC technology. An off-line payment system is also being developed.
What are the advantages of Pure Pound?
Payment freedom - It is possible to send and receive pounds anywhere in the world at any time. No bank holidays. No borders. No bureaucracy. Pure Pound allows its users to be in full control of their money.
Choose your own fees - There is no fee to receive pounds, and many wallets let you control how large a fee to pay when spending. Higher fees can encourage faster confirmation of your transactions. Fees are unrelated to the amount transferred, so it's possible to send 100,000 pounds for the same fee it costs to send 1 pound. Additionally, merchant processors exist to assist merchants in processing transactions, converting pure pound to fiat currency and depositing funds directly into merchants' bank accounts daily. As these services are based on Pure Pound, they can be offered for much lower fees than with PayPal or credit card networks.
Fewer risks for merchants - Pure Pound transactions are secure, irreversible, and do not contain customers’ sensitive or personal information. This protects merchants from losses caused by fraud or fraudulent charge backs, and there is no need for PCI compliance. Merchants can easily expand to new markets where either credit cards are not available or fraud rates are unacceptably high. The net results are lower fees, larger markets, and fewer administrative costs.
Security and control - Pure Pound users are in full control of their transactions; it is impossible for merchants to force unwanted or unnoticed charges as can happen with other payment methods. Pure Pound payments can be made without personal information tied to the transaction. This offers strong protection against identity theft. Pure Pound users can also protect their money with backup and encryption.
Transparent and neutral - All information concerning the Pure Pound money supply itself is readily available on the block chain for anybody to verify and use in real-time. No individual or organization can control or manipulate the Pure Pound protocol because it is cryptographically secure. This allows the core of Pure Pound to be trusted for being completely neutral, transparent and predictable.
The Pure Pound Cryptogovernance is a decentralized approach in managing its expanding community. Dubbed as the PUP Community, the supporters of PUP is divided into three: The PUP Foundation which handles community development through social enterprise, the PUP Cooperative which handles sales and marketing, and the PUP Merchant Group which is composed of businesses that handle PUP as a medium of exchange. The PUP Community is in direct control of the development team. Truly, PUP is a software marvel of the 21st century.
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FOR MEANINGFUL FREEDOMS. TO GOD BE THE GLORY.
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