Topic: XOV: creating a central bank for cryptocurrency markets - page 58. (Read 68743 times)
I agree more with crypto Bank that can transact between all banks and all digital wallets, it's like universal exchanger for Fiat and cryptocurrency and cryptocurrency to cryptocurrency that is much better in my opinion.
Our project team will be uploaded this week. Demelza Hays is part of the research team. Some people have asked what the difference is between XRP and XOV. XRP is more of a centralised payments system and does not assume the role that a Central Bank would. XOV's core proposition is to stabilise currency by using a range of financial controls (human and non-human), and to implement these controls through the XOV network. The feasibility of controlling the price of digital currency will be proved from our research. Being able to stabilise digital currency, something that has never been done before and a purpose that Bitcoin was never designed to have. It will mean that for once, merchants can finally accept cryptocurrency as stable form of payment, and people holding the currency can keep it away from the mainstream banking system without fear of it completely depreciating. Bitcoin is a great technical concept and will continue to be used but is too volatile for merchants.
I do agree that there needs to be some kind of stabilisation, but I'm curious to know how does Xovercoin compare to the already existing SDR International Digital Currency?
Moreover SDR is already being recognised and used as a reserve currency.
Good to see that this is a real project. Too many scammers out there.
I hope that you do well in the year of the crypto 2018!
I hope that you do well in the year of the crypto 2018!
Its quite an ambitious project, but if it succeeds and stands out from others (e.g. Cryptokami), it will be exciting!
It seems to be a great project. Cant wait..
Would this be similar to what Crypterium wanted to achieve? What are the key differences?
you mean central bank like FED?
for centralized all crypto?
if crypto will be centralized what the different with another currency?
crypto is decentralized not centralized
for centralized all crypto?
if crypto will be centralized what the different with another currency?
crypto is decentralized not centralized
Good idea and interesting project. I wish you success!
A project with ambitious goals but a good solid team and community will ensure the Project's success
so many people know your project.
it makes your project success
it makes your project success
Big project
Good idea. But what sense in decentralized cryptocurrency - if we create central bank?
The plans and focus of the project look solid. I think the white paper will deliver solid returns
Cryptocurrencies were created to remove the banking system,are you kidding me? why are we going support the banking structure of your proejct? doesnt make sense because cryptocurrencies and banks are rivals and you cannot change the fact that cryptocurrencies has high vilatility because the marketcap is too small so that these manipulators can easily manipulate these coins.
I don't think there is need of any crypto-bank. In long-term, crypto bank will also control the cryptocurrency in the same way as Fiat is controlled by central bank and govt. The whole concept of decentralization will be ruined if such crypto banks came into existence.
This project is interesting and quite intriguing, interesting because it has great vision of stabilizing the volatile ups and downs of price of cryptomarket and intriguing at the same time because it contradicts the idea of engaging in crypto to be "decentralized". Looking forward to the development and implementation the project.
The market has only billions of marketcap,so it is easier to manipulate the market it only means that cryptocurrencies wont be stable like forex and stockmarkets because these markets are fiat backed up and it has trillions of marketcap compare to cryptocurrencies,it is impossible to have stable market because we only have very small total marketcap. 
Very exciting project, looking forward to this. A central bank for cryptocurrency markets is more then welcome !
Waiting for more news !
Keep up the good work.
How does it work? I gonna say if that doesn't make sense in my opinion. Crypto is only needed permission from the government to be entirely regulation. I don't think if we will need this one. The fact there are some projects are working on the banking platform. Do you wanna self-regulate crypto?Waiting for more news !
Keep up the good work.
It looks like so tricky because crypto has been building from various communities.
It seems to me that something is going wrong here, because, as we all know, cryptocurrencies are made / created in order to escape from the centralised sides ( banks, financial services, centralised exchanges... ) which act as a third party in any transaction we do , & this is not what crypto community is looking for
very nice is it very good project .good luck and nice future
Looks like a very interesting project.
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