Hi I was hoping you could answer my last question :
How will the iata coin be priced vs the Lykke coin?
Will they be priced on par ? or will the Lykke be worth more? How will the two be used I thought Lykke was going tobe the coin used in the global marketplace?
Iata would be a coin traded on Lykke exchange. LKK price is unrelated to Iata price.
Iata is International Air Transport Association (IATA), right? Will they issue a coin?
It seems that way. Some informations I've found about it:
This is also something that can give an impression about the potential of this project:
And just btw:
Would be good if this Account would get more followers and retweets: https://twitter.com/LykkeCityJust found something interesting:
Above can be seen that Richard Olsen was on the IATA-conference. What is IATA?
It's the
International Air Transport Association https://en.wikipedia.org/wiki/International_Air_Transport_AssociationAnd there is an interesting tweet:
IATA shared an inspirational idea at #WFS2016 - IATA digital coin. Lykke is proud to have had a chance to contributehttps://twitter.com/LykkeCity/status/779223316452167680Including this video:
IATA Digital Coinhttps://www.youtube.com/watch?v=Kip-uUa6h6oWho published that video? Lykke.
What will this Digital Coin be about? In short: To make money-transfer easier, more secure, faster etc.
There is also a PDF about the IATA-conference:
World Financial Symposium - Supporting Sustained Airline Financial Healthhttps://www.iata.org/events/Documents/wfs16-program.pdfJust two quotes:
17:10 – 17:20
Industry cryptocurrency
See the proof of concept comparing international wire transfers and blockchain payments around the world. Could this technology enable the creation of an industrial currency such as the “IATA Coin”? What would be the advantages and what would be the limits? Can this be the payment of the future?Right after:
17:20 – 17:45
Panel discussion:
FinTech - Impact on the CFO and the finance team
What is the finance department looking like in the future? what is their role, or they still needed, what skills are needed in the new Fintech organization. With the help of Fintech, can we turn the finance department into a profit center focusing on decision support and strategic partnership.
Moderator:
∗ Tim Grosser, Head of Digital Transformation, IATA Panelists:
∗ Gautam Jain, Global Head, Digitisation & Client Access, Transaction Banking, Standard Chartered Bank
∗ Marcel Koppes, VP Airlines & Travel, Adyen
∗ Natasha Lala, Managing Director Solutions for
Business, Oanda
∗ Richard Olsen, Professor, Zurich University and founder of Lykke************
With other words: Connections are already obvious. That's not a guess anymore. Will this IATA-Coin come? Most likely it's already in development or even finished. I doubt that there would be a first PR-video if it's just about an idea. Will that Coin launch on Poloniex or any other crypto-exchange we know? They obviously call it
"Industry cryptocurrency". It's safe to say "no". Will it be on Lykke - I believe the chance is high.
And that shows a lot of the potential of this project. Crypto won't stay in the Poloniex-world. And Lykke, as a platform that is easy to use, secure and like a bridge between both-worlds could very well be one of a few platforms that already have a foot in the door. All of the above is much more than just a little hint.
