XOV: creating a central bank for cryptocurrency markets

[thocon456]

I like certain qualities of BTC, but the masses will never adopt it as is. It is too volatile for the average investor and the average merchant. If I'm am trying to build wealth and savings, selling something, I'd want to know what you paid me was going to have the same value tomorrow

[adsduozn188]

It's necessary to have a Crypto Bank for all. I hope XOVERCOIN project will be succeeded. Good luck dev team

[jedlhuber]

Why is there no information about any of the people backing this project? You are happy to name drop by saying that the XOV CEO met with Emin Gun Sirer, but don't mention the name of the CEO or anyone else involved in this project

https://twitter.com/xovceo

This is the CEO....David Alexander-Knowles.

[jedlhuber]

Totally useless system for cryptocurrencies
Main idea of crypto is decentralized structure

That's the entire premise of XOV.....a global decentralized banking structure. There will be a decentralized central banking structure (XOVnet) that will have a stabilized, asset-backed digital currency. Then, XOVBank will be able to offer decentralized banking services (lending, savings, etc).

[quandang821]

XOV creating a central organization blockchain world  ,i think many people would doubt the credit  in a  central  bank  by  private company.
For me thıs project will be good and ı thınk we earn and win.

[AVAMONEY]

Joining the project right now will be at ground floor. We have an interesting research phase before our white paper is released, so that any economics sceptics can be sure that the solution we implement will do as it says on the tin. There were some good comments about centralisation/decentralisation. Great project. The XOV team has surrounded themselves with experts in the academic world that study cryptocurrency, the bank regulation world, the software engineering world, and legal world. They're making sure everything is done right from the start.

[blackblue986]

The most beautiful project. The  team consists of specialists in technology, marketing, legal and financial professionals with a wide range of experience. I will follow you and your share.

[yourselfe99z9]

It sounds interesting, I like you very interesting project awsome good.

[sontung09]

I am truly loving the concept of XOV coin eing the  first project to turn the banking world upside down, and provide a Central Bank function in the blockchain ecosystem. All The best

[Jimboqs]

and how do you imagine the success of the project work when the main advantage of cryptocurrency is anonymity.

[jedlhuber]

and how do you imagine the success of the project work when the main advantage of cryptocurrency is anonymity.

The main advantages of cryptocurrency are transparency and a trustless society. If I go to Chase Bank, Wells Fargo, or Bank of America and deposit $100k, there is no telling what they actually do with my money. In a decentralized bank, you'll have YOUR funds in YOUR account and they'll remain there.

This can still be done under the cover of 'anonymity'. The reality is the broad markets aren't going to accept the same risk you're willing to take, so a true stable coin (issued by our XOV central bank) will work in tandem with our retail bank.

[adutlf88xn]

The difference between this product and xrp would be the stability in value of the token itself. Xrp has been a useful tool for banks but the price has been far from stable.

[vova.andreyan.94]

The whole point of bitcoin is that it is a decentralized coin, the sense of supporting a centralized mechanism!

[sugarlady43]

The XOV project is creating a crypto-central banking infrastructure to stabilize the crypto markets which quite interesting and support it. This is new kind of project for which we are looking for...

[nguyentrangg333]

This is just the beginning of the road, I want to wish good luck to this new project , the project came up with an interesting and necessary, technical documentation at a high level ,written in accessible language

[jedlhuber]

Xov is listed on CoinRanker. Your platform for streaming real time prices: https://www.coinranker.net/cryptocurrency/Xovbank

Thanks! Great platform!

[xov]

XOV is meeting with Wirex in July 2018 to explore partnership to add the future stable version of the XOV currency to the Wirex card for crypto purchases.

[nicesun260]

I agree with people who say that there is no need of a central bank for cryptocurrency markets because people like it and invest in it as it is decentralized. Central bank gives ownership to a particular bank and it will increase documentation process. Few people want to be anonymous in crypto world and few countries also may not like this concept.

[iaxakov]

I agree with people who say that there is no need of a central bank for cryptocurrency markets because people like it and invest in it as it is decentralized. Central bank gives ownership to a particular bank and it will increase documentation process. Few people want to be anonymous in crypto world and few countries also may not like this concept.

For me, the beauty of cryptocurrency is that people are not included in the process of performing key actions. Because in the world there is no person who wouldn't want to have something to fuck with what dominates.

[honghai0730]

Looks like a very interesting project. Creating a crypto bank it a little "suspicios" as crypto pretty much is trying to stay away from banks.I hope this project becomes a great success.