DaVinci Cash - New Irreversible Payment Processor w/ Bitcoin Denomination!!

[WiseOldOwl]

Hello,
I have been working with a company that has developed a E-Currency very friendly to the bitcoin community.
They are releasing it this week, and would like some feedback. What better spot than BitcoinTalk?

So I have been delegated as Davinci Cash Ambassador to these forums.

There are some stress testing bounties (of course payment will be in BTC for this forum) (PM me for info).

https://www.davincicash.com

DaVinci Cash has a API for integration. (40 Hex/Dec with a bunch of actions, here is the API FAQ - https://www.davincicash.com/index-2.html)
And has a "Payment Card" Generator - This allows you to generate (and delete) a 16 digit number at will, and set a spending limit for it. That way when you are at a merchants site, you can just generate a 16 digit number, set the spending limit, and pay them with the 16 digit number. That way a malicious merchant cant inject code and clear out more than the limit of the payment card # given.

There are four denominations currently:

-USD $
-EUR €
-g/Au (gram of gold)
-BTC (Bitcoin!)

The bitcoin currency account at the moment is not a functional bitcoin processor, but rather the bitcoins issued through DaVinci Cash are representing Bitcoins in the Davinci Cash Bitcoin Trust (This means that there are a limited amount of DavinciCash Bitcoins available, but they will constantly be adding more to the trust). This is the best I can do at the moment, I have been pushing for a full Bitcoin processor and it looks like this is in the plans for the future.

The site is currently running on SSL 256 Bit Encryption-
The site is hosted in one of the most information and data friendly jurisdictions in the world. (Recently Migrated, they are still setting up the mail server so the contact page has been taken down for the moment)

It is Instant, Automated, Non-Reversible, and has a bitcoin denomination!!

The whole reason I got involved is because I have agreed to sell it at my exchange. So you can buy and sell your DaVinci Currency's at https://BitcoinBux.com. Yes, you can trade Davinci Cash Bitcoins for actual Bitcoins at BitcoinBux.com and any participating exchanges.

Any merchants or companies that want to accept DaVinci Cash can start up easily!! I am happy to answer any questions you might have until they get their support server up and running.

[Stephen Gornick]

Hm ...

$ whois davincicash.com

Domains by Proxy, Inc.

Will there be information as to who the owner of the service is, and where (i.e., what jurisdiction) this is operated?

[WiseOldOwl]

From what I understand, It is hosted in Iceland, and the money is for a trust in Hong Kong. I don't believe they use the gold feature yet, but if someone wants to sell them gold so they can hold it and issues Davinci g/Au's I can relay your info, I assume it would have to be a good deal though. Their site is in the very early stages of launch, for instance their privacy policy is one of the best in the world because of Icelandic Law, but it is not up on the site until their lawyers finish it.
I guess due to the reason of lack of info, we have to tag it use at your own risk. But it seems like a lot of work for a scam, I bought some for the exchange $2000 in fact, and it is still their in my account.
I dont know Im not saying dont be skeptical.

*edit- I just noticed the domains by proxy thing, that is most likely because I said to go to godaddy and use this code i have to get a discount on the domain. I have been a part of the development on this. The domains proxy is a service they offer to protect info.

[WiseOldOwl]

Are there no services that could use a combo of companies the could literally put money into their customers accounts today?

1) Open DaVinci Cash Account (2minutes)
2) Add API to your deposit page at your site or service or process manually (5-60 minutes)
3) Customers buy DaVinci Cash from BitcoinBux (which takes a couple hours; cash deposit at bank, wu, mg, etc.)
4) Customer deposits to your Davinci Cash account and you credit them the applicable funds in your service or site.
Woila!
4) They can withdraw, Which would be you sending back whatever balance is left to their davinci cash account. Then they can cash out at bitcoinbux or participating exchanges. If you are left with DaVinci Cash profits you can cash them out at an exchange too!!

Its easy and fast and available right now. I can help merchants get setup if anyone is interested.

[WiseOldOwl]

Bounty for Davinci Graphics

https://bitcointalk.org/index.php?topic=45780.0

[WiseOldOwl]

Bump Bounty