Yes i understand that,
on top of not keeping records, it is also not possible to track payments made with vouchers,
nor is it possible to know who owns an actual voucher and or how much balance it made contain.
This includes the Voucher Issuer.

The system only keeps track of valid vouchers numbers and balances, no actual name, identification
is linked to any vouchers thus making each voucher in circulation anonymous.

The only person who will know you own a voucher is a recipient in trade, merchant, exchange.
and they will only know once you transact a voucher with them.

So it would be impossible to track any payments or to find out who owns an actual voucher or what a balance is
on a "said" voucher.

My proposed system would also have that 1up over mtgox, as no transaction records are kept.

Ive looked at OT before and it does seem very impressive,
its just a shame i suck at installs, as i would of liked to try this.

Hello BTC'ers

Now i know we already have a voucher system in place created by MtGox which works and performs pretty well,
but i wonder how the community would feel with another voucher system implementation in place along side
the already well established MtGox voucher system.

Would you say..

OR

Would you say..

For those who would say "Whats the point, we already have established system that everyone trusts"
thanks for your time i guess you won't want to read any further.

My proposed system:

~System

Each Voucher is comprised of a unique
*33-alphanumerical code
*Face value amount - (Displayed in BTC)
*Issuance date
*(1) year expiration date.

The voucher system is centralized and administered by the Voucher Issuer.
Each voucher created and in circulation is underwritten 100% at all times by actual Bitcoins held in reserve by the Voucher Issuer.
Transactions made with the Vouchers are private, anonymous, in-reserve-able and completely segregated from the Bitcoin Blockchain.
so transactions made with the vouchers are instant.
In essence the vouchers are a fully Bitcoin backed digital instrument/asset.

~How it works

Notes: If you needed to give someone a specific amount
for example: you have a single 10BTC voucher and you need pay someone 5BTC.
You would simply split the voucher into 2x 5BTC vouchers, keep one for your self and send the other
to person you need pay 5BTC to.

Merchants:
The merchant system would be similar to how transactions are handled person-to-person (like above)
but for approved third party merchants this would be a automated process of collecting voucher payments for merchants
and giving new vouchers (change) to the merchants customers when need be.

~Redemption
To withdraw the actual bitcoin face value that a voucher has left on it is handled by the Voucher Issuer and or approved
third party Exchangers, Resellers, Wholesalers contacted to issue and redeem the vouchers

~Fee's
There will be no transaction fee's charged to send or receive payments with vouchers.
The only charges associated with the usage of the vouchers will be the issuance and redemption of vouchers from
the Voucher Issuer and or official third party Exchangers, Resellers, Wholesalers contacted to issue and redeem the vouchers

~Pro's
*Instant payments
*Anonymous
*Non-reverse-able
*Split, Merge multiple vouchers
*Merchant system and customer change - (to do) 
*100% Bitcoin backed digital certificate/asset
*Fully redeemable for actual Bitcoins
*No client downloads or installs needed to use the vouchers.
*No website website registrations, logins, username/passwords to remember
*Send and receive vouchers in various way IE:
email, sms, qr code, paper, voice, fax etc

~Con's 
MtGox has an establish system already in place
Centralized system
Trust issuers

 
~Possible solutions 
Voucher Issuer is regularly audited by a trusted third party member of the community
to prove and provide evidence of physical backing.

Voucher Issuer to contract official third party Exchangers, Resellers, Wholesalers for issuance and redemption
services to distribute trust.


I have the system pretty much ready to go but still need to sort out a automated merchant system
and a few other things.

Please share your thoughts and criticisms here.

Thanks
   

Its not really that hard at all, in fact you have a quite a few options like

nanaimogold
bitinstant
aurumxchange

Plus some others that i can't quite remember right now.

Good luck

Wow, what a time for my PS to stop working.
Will enter if i can hold of a working copy of PS.

I also provide re-loadable virtual visa cards which require no id and are valid for one year.

Services available today!

Apologizes for missing you there,
if your still in need for card services just let me know.

Regards
idev

 

If your still looking i can provide you with the amount you required on the card.

So does aurumxchange

The closest thing to a BTC debit card is probably aurum xchanges re-loadable 
mastercard. Which you can load gox coupons codes on to the card and withdraw
the cash from the ATM.

You could use ikobo, and use your credit card to fund
an ikobo ATM card which will be sent to your intended recipient.

How much LR you need ?

That's all at the moment, but thanks for letting me know.

I mean can i get some of your LR with my AP = Alertpay ?

You dealing with AP at all ?

If your still looking for a card please feel free to contact me.

Best Regards
idev

Edit: Sorted.

Plus new products added to the inventory, but will be made available
to the wider public soon.

Regards
idev

No problem.


Yes the cards are international visa's available for world wide usage online.


I have quite a few customers and have sold many cards at the current rates
to many people, none have commented on the fee's being high, only you guys
here so far.

As i also stated in an earlier post, i will be actively seeking new issuers
to provide a wider range of cards and additional services with different fee structures in place to suite multiple budgets.
But of course this will take time to source and implement before offering the said services to the general public.

On another note.
Im happy to announce that i have added some new products which will available soon to purchase.

New products:
*US/CAN Paypal, Alertpay VBA verifications
*Paypal instant verification cards.

Sales threads for the new additions will be up soon,
also the official website is currently being built and hopefully will be ready soon

Best Regards
idev