[ANN] 🔥IVY🔥 FACILITATING SECURE, TRANSPARENT BUSINESS PAYMENTS GLOBALLY.

[AbrammFry08]

Do you plan to make Bounty campaign?

They already have bounty: https://bounty.ivykoin.com/

[AbrammFry08]

A lot of talk about blockchain, but not much blockchain (yet)
https://medium.com/@ivykoin/banking-fintech-conferences-419266dfe956

[olegkrouk]

I wanted to know what is your advantage over your competitors? There are many ways to do what you have to offer why should I use your product?

Advantages of Ivy Network over traditional payment networks
- Securely facilitate the transfer of cryptocurrency payments while associating KYC and KYT data via the trusted, distributed ivyKoin network
- Securely store an immutable reference to supporting transaction data in a public blockchain
- Embed more KYT & KYC information into the transfer than traditional payment methods
- Able to be integrated into existing banking software
- Offer easy integration into accounting software for bookkeeping efficiency
- Provide revocable access to KYC/KYT data to financial institutions, accountants, company managers and others, depending on the information they require

- Designed to break KYC/KYT/AML barriers between cryptocurrency and existing financial system
- Up to 74+ KYC, 120+ KYT data points and customer files per transaction
- Decentralized system of transaction validation
- Public coin economics driven by utility transaction volume on public ledger

[olegkrouk]

A lot of talk about blockchain, but not much blockchain (yet)
https://medium.com/@ivykoin/banking-fintech-conferences-419266dfe956

There is a lot of talk about the opportunity of blockchain to change the financial services sector but with the exception of the biggest banks in the US and globally, who are actively exploring the space and trialing use-cases, the vast majority of banks (there are over 6000 banks in the US alone) still do not yet fully understand what blockchain is (something we now plan to address at many of these conferences) and how it can be implemented for use in the financial services sector. Most banks are only now embracing API’s and Open Banking and many admitted services like blockchain and AI are on their radar, it is still a little way off and for many, dependent on how the big banks embrace it.

[investorgga]

Hi, the project seems to me very interesting, but what can you say about the architecture of the project?

[ivy_project]

Hi, the project seems to me very interesting, but what can you say about the architecture of the project?

It is intended that the Ivy Network will function through the use of a dual network architecture, where senders of Tokens operate on a public network (Ivy Public Network), and parties that provide the financial settlement to fiat currency participate on a private network (Ivy Private Network).

KYC/KYT/AML data supporting transactions will be captured in cryptographic containers that are generated from the Ivy Public Network interaction with the Ivy Network smart contracts and support the activities of the Ivy Private Network participants in facilitating transaction settlement.

This data will be stored and accessible by the financial institution and governing regulators of the fiat balance recipients.

[uyga78]

And what about identity in the project?

[WhiteRed44]

And what about identity in the project?

Sender Identity

Senders will register with the network prior to sending currency. It is assumed by the Ivy Network that recipients are identified by their respective financial institutions and intermediaries as part of establishing an account.

[WhiteRed44]

A lot of talk about blockchain, but not much blockchain (yet)
https://medium.com/@ivykoin/banking-fintech-conferences-419266dfe956

There is a lot of talk about the opportunity of blockchain to change the financial services sector but with the exception of the biggest banks in the US and globally, who are actively exploring the space and trialing use-cases, the vast majority of banks (there are over 6000 banks in the US alone) still do not yet fully understand what blockchain is (something we now plan to address at many of these conferences) and how it can be implemented for use in the financial services sector. Most banks are only now embracing API’s and Open Banking and many admitted services like blockchain and AI are on their radar, it is still a little way off and for many, dependent on how the big banks embrace it.

For the large banks, their thoughts on blockchain and cryptocurrency ranged from being against it — the CTO of Bank of America said is much in her keynote; to carefully trialing in the European market — Credit Suisse presented their recent lending transaction success and look forward to doing more; to fully embracing all aspects of fintech and blockchain — JP Morgan’s MD of Technology, Alex Carson gave a surprisingly fintech positive presentation for such a large institution and are eager to trial a lot more fintech solutions.

[WhiteRed44]

JAMES CASKEY - VP, Marketing & Communications
https://www.ivykoin.com/wp-content/uploads/bb-plugin/cache/James_Caskey-circle.jpg
James Caskey leads the Marketing & Communications for Ivy & Ivykoin™. Having spent almost a decade working for Red Bull leading some of its largest global projects across its Brand, Sports & Media properties, winning several awards for innovative Digital experiences in the process.

Having spent the last few years of his spare time researching and investing in several cryptocurrencies & ERC-20 projects, he brings to the table his passion for the blockchain space with his wealth of Marketing & Communications.

[RayXX18]

And what about identity in the project?

Sender Identity

Senders will register with the network prior to sending currency. It is assumed by the Ivy Network that recipients are identified by their respective financial institutions and intermediaries as part of establishing an account.

Financial Institution and Intermediary Identity

It is intended that Ivy will rely on the good hiring practice and vigilance of information security practices at the financial institutions and intermediaries where it communicates data. All activities of identified users can be centrally tracked and managed, and individual transaction container history viewed.

[RayXX18]

JAMES CASKEY - VP, Marketing & Communications
https://www.ivykoin.com/wp-content/uploads/bb-plugin/cache/James_Caskey-circle.jpg
James Caskey leads the Marketing & Communications for Ivy & Ivykoin™. Having spent almost a decade working for Red Bull leading some of its largest global projects across its Brand, Sports & Media properties, winning several awards for innovative Digital experiences in the process.

Having spent the last few years of his spare time researching and investing in several cryptocurrencies & ERC-20 projects, he brings to the table his passion for the blockchain space with his wealth of Marketing & Communications.

"Having spent almost a decade working for Red Bull leading some of its largest global projects across its Brand, Sports & Media properties, winning several awards for innovative Digital experiences in the process." - pretty impressive achievements!

[RayXX18]

A lot of talk about blockchain, but not much blockchain (yet)
https://medium.com/@ivykoin/banking-fintech-conferences-419266dfe956

There is a lot of talk about the opportunity of blockchain to change the financial services sector but with the exception of the biggest banks in the US and globally, who are actively exploring the space and trialing use-cases, the vast majority of banks (there are over 6000 banks in the US alone) still do not yet fully understand what blockchain is (something we now plan to address at many of these conferences) and how it can be implemented for use in the financial services sector. Most banks are only now embracing API’s and Open Banking and many admitted services like blockchain and AI are on their radar, it is still a little way off and for many, dependent on how the big banks embrace it.

For the large banks, their thoughts on blockchain and cryptocurrency ranged from being against it — the CTO of Bank of America said is much in her keynote; to carefully trialing in the European market — Credit Suisse presented their recent lending transaction success and look forward to doing more; to fully embracing all aspects of fintech and blockchain — JP Morgan’s MD of Technology, Alex Carson gave a surprisingly fintech positive presentation for such a large institution and are eager to trial a lot more fintech solutions.

Whilst this means that it could be some time before we see blockchain solutions become the norm for the majority of banks, we see this as an opportunity to continue to lead and innovate blockchain opportunities in the sector and fast-track some use-cases and services not only for financial institutions, but potentially directly to consumers as well.

[Cloud4Y]

What can you tell me about blockchain technology application in IVY?

[ivy_project]

What can you tell me about blockchain technology application in IVY?

The Company envisions the Ivy Private Network as consisting of validation nodes sponsored by entities other than itself. The Ivy Private Network will be validated directly by financial institutions and intermediaries, who are independent, yet aligned. This will greatly reduce thelikelihood of network spam and aligned incentives removes the need for block rewards that typically incentivize public blockchain networks.

[Marriot]

Fintech is one word on everyone’s lips, but Regtech is coming.
https://medium.com/@ivykoin/banking-fintech-conferences-419266dfe956

[Marriot]

What can you tell me about blockchain technology application in IVY?

The Company envisions the Ivy Private Network as consisting of validation nodes sponsored by entities other than itself. The Ivy Private Network will be validated directly by financial institutions and intermediaries, who are independent, yet aligned. This will greatly reduce thelikelihood of network spam and aligned incentives removes the need for block rewards that typically incentivize public blockchain networks.

For consensus, it is anticipated that a scheduled byzantine fault tolerant algorithm, such as Istanbul BFT will be used. In this consensus algorithm, each participant creates blocks on a scheduled, round-robin basis and submits its results to the rest of the network, which must vote with a 2/3 majority to approve the leader’s block calculation. Specific benchmarks of Istanbul BFT indicate that it is capable of ~1000 transactions per second, which reflects the total estimated network of interagency transactions that happen today between FedWire, SWIFT, and ACH today.

[Marriot]

This project is one with prospects. I believe it wilĺ do well and I believe in the team of experts behind the project. I encourage everyone to join this project
Thumbs up to the Team

They really have a very experienced and strong team!
GARY FAN - President
https://www.ivykoin.com/wp-content/uploads/bb-plugin/cache/Gary_Fan-circle.jpg
Gary Fan is the President of Ivy. He leads the Sales and Operations functions in North America. Previous to Ivy, Gary held numerous roles in banking including the Senior Vice President of Strategy and the Head of Consumer Lending for the US subsidiary of a large $100 billion global bank.

Gary’s experience spans industries including: Financial Services/Banking, Internet/E-Commerce, Manufacturing/Engineering and Supply Chain/Logistics. Gary has a Bachelor’s degree from the University of California, Berkeley and is a graduate of the Stonier Graduate School of Banking at the University of Pennsylvania.

"Financial Services/Banking, Internet/E-Commerce, Manufacturing/Engineering and Supply Chain/Logistics" - experience in different directions

[zencat]

Have you heard anything about IVY data containers?

[flexnbit]

Fintech is one word on everyone’s lips, but Regtech is coming.
https://medium.com/@ivykoin/banking-fintech-conferences-419266dfe956

Regtech isn’t that new but with both blockchain and cryptocurrency in the sights for regulators it is set to grow rapidly. Regtech companies are helping banks & financial institutions navigate regulatory challenges in the financial services sector through technology like blockchain, with the goal to help them comply with regulations efficiently and inexpensively. There were multiple interesting sessions that addressed Regtech.