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Author Topic: [ANN] XOV is creating a global decentralised banking platform  (Read 22625 times)
xov (OP)
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July 24, 2018, 11:39:08 AM
Last edit: October 15, 2018, 11:34:45 AM by xov
 #1




The XOV Vision

The XOV project will produce the world’s first stable cryptocurrency banking platform for the blockchain by using a range of financial controls that stabilise the circulating supply of currency (XOVnet). These controls will be delivered using human and artificial intelligence methods.

The project will deliver a Central Bank that issues the XOV currency (a Central Bank Cryptocurrency – CBCC) and a Retail Bank that offers a range of decentralised banking services.

Unlike traditional Central Banks, XOV will be politically agnostic, be without geographical limitations and will be accountable to anyone using XOVnet.

The banks will operate within an academically backed stable currency network (XOVnet) that everyone has the trust and confidence in using. This highly secured environment will ensure that the value of the currency is price stabilized, can be easily used to make payments, and be used as security.



XOVnet

XOVnet will be a powerful digital currency stabilisation network that delivers highly stabilized digital currency. The infrastructure will be patented, underpinned and maintained by the XOV Research and Development Academy – employing leading academics.

The XOV currency will be asset backed against low risk tokenized reserves that are independent of the banks and supervised by market experts, against a risk management framework.



 
Token Supply + Distribution
Total Tokens: 70,000,000
Total Distributed via Airdrop and Team: 24,000,000
Remaining Tokens: 46,000,000


Distributed tokens available on the Mercatox Exchange.



XOV Management and Academic Support Team

The management team for the project comprises of our project team, professional advisors, and academic support team. We are actively consulting with representatives from the London School of Economics and the Imperial College, London. Once our project has concluded its initial Research and Development Phase and is fully funded, we will start to expand the team to include a full technical development team and appoint the Board of Governors (BoG) for the Central Bank, and the Open Market Operations Board (OMOB) for the control of the reserves.

The project is continually seeking new academic expertise and to expand its management team, to realise the potential growth of XOV.

David Alexander-Knowles, Chief Executive Officer, leads the project and is responsible for its overall commercial, financial and technical success. David has worked in senior roles in project management (PRINCE2 qualified practitioner), marketing and information technology. He has qualifications in business, finance, law, information technology, social sciences, project management and psychology. David is a keen advocate of decentralised banking.


Demelza Hayes
is one of our digital economists and is on the Forbes DACH Under 30 list. She is a Doctoral student in the Department of Economics at the University of Liechtenstein. Demelza is a research assistant to Professor Andrei Kirilenko at the Centre for Global Finance and Technology at the Imperial College, London.

Max J. Heinzle
is our Global Investment Director and holds a Masters’ degree in Global Banking and Finance. He completed his Bachelors’ degree in Global Business Management in London. Max has worked for a Swiss Investment Bank, an Austrian Venture Capital Fund and a German Corporate Finance Company and is the founder of the 21.finance Group in Liechtenstein.

Dan Feaheny
is a commercially focused executive with international business development and channel partnership experience. His background spans retail, energy, recruitment and Fintech. Dan also currently consults with Ripple.

Dr Andrei Kirilenko is a Professor in Finance and is the Fintech Centre Director at the Imperial College, London. His work focuses on the intersection of finance, technology, and regulation. He is a recognised world expert on technology in markets, including algorithmic and high frequency trading.

Jaspar Crawley is our Gold Markers Advisor. Formerly the Director of The Royal Mint, he is an experienced top-level professional in banking and the gold markets. He also worked previously as a Director at UBS Investment Bank and as a commodities trader for Deutsche Bank.
Dr Ania Zalewska is a Professor of Finance at the University of Bath, and part of our academic support team. She is also Director of the Centre for Governance, Regulation and Industrial Strategy (CGR&IS) and a Board Member of the Oxford Noble foundation. Ania provides specific research activities.

Jackelin Godoy is a Professor of Mathematics and was an Economic Analyst for Central Bank of Venezuela. Jackelin has also taught statistics.

Our Digital Currency Architect is a Research Associate at the London School of Economics and has qualifications in economics and engineering. He works closely with Professor Jon Danielsson (who is not associated with the project).

Michael Truitt
, is the Private Secretary to the CEO, providing a vital communication link between the Board, management team and advisors. He is experienced in bank auditing processes and also performs a governance and transparency role within the organisation.

Joe Edlhuber is our Private Banking Director, and responsible for communication with potential investors wishing to open and utilise private banking facilities in the future. Joe also performs the role of investor relations with the public and with influencers and co-ordinates token listings on cryptocurrency exchanges.

Arno Schalke is our Technical Operations Manager. Arno is a Director of a Dutch based IT company and is responsible for consulting on technical matters, especially networking and operating systems.

Richard Trostel
is our Social Networking Manager. Richard is a specialist in the cryptocurrency markets and is well versed in the marketing of digital currencies, particularly using social media channels. Richard also performs a role in communication with our public communities.

Additional appointments to be confirmed on updating of this post.

Roadmap 2.0 Release

The XOV team is proud to announce its roadmap for the XOV Global Financial Network. We have been working tirelessly behind the scenes and will soon be sharing the details of all we have been working on with our community.

At XOV our goal is to provide a range of financial services to our customers with the underpinning support of a stable currency.

The current XOV ERC-20 token will be swap-able for the XOV.DIV token (ratio of 1 XOV : 3 XOV.DIV) where users can then earn dividends from the XOV Decentralised Asset Management Platfrom (DAMP).

This has to be one of the most exciting cryptocurrency projects in some time that has the potential to add great value to the crypto market place. No longer will investors have to risk extreme falls in the value of their crypto, and will soon be able to earn interest on the stabilised cryptocurrency they hold with XOV.



We are very excited to launch XOV Bank! Feel free to comment and ask any questions below - we look forward to engaging with the community! We will update this thread with further details as the project develops!

Website : http://www.xov.io/
Telegram : https://t.me/xovercoin
Discord: https://discordapp.com/invite/dkJVJHB
Twitter : https://twitter.com/xovercoin
Email: info@xov.io



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July 24, 2018, 11:50:44 AM
 #2

This is a well research product that looks like it's taken the time to recruit a strong team that will be capable of delivering on the roadmap. Great work. I'm exciting to see where XOV goes from here.
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July 24, 2018, 11:54:45 AM
 #3

Why, ETH token?
If this is true, I think that the ability is insufficient.

xov (OP)
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July 24, 2018, 11:58:45 AM
 #4

The current XOV currency on the exchanges is not the eventual stabilised XOV currency via XOVnet. The XOV token currently in circulation is an investment token that is linked to the progress of the project.
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July 24, 2018, 12:10:05 PM
 #5

Great looking team and very interesting project  Smiley
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July 24, 2018, 12:25:36 PM
 #6

Is every single tool you use to manipulate the circulating supply for stability decentralized or are there any centralized control points within your system?

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xov (OP)
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July 24, 2018, 12:31:28 PM
 #7

There are centralised control points that will be transparent to the XOVnet community.
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July 24, 2018, 12:54:56 PM
 #8

I think to simplify their work, need centralized control, and also, with it, it's easy for them to cope with the security risks that will arise
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July 24, 2018, 01:56:45 PM
 #9

Very interested to see the completed whitepaper.
xov (OP)
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July 27, 2018, 02:58:55 PM
 #10

The XOVnet stabilisation model will be ready within approximately 6 weeks (economic theory) and we have completed a critical appraisal of other stable coin projects including Saga, Basis, and Tether. Our model capitalises on weaknesses in these projects and will deliver the most truly stable coin solution available on the market. Without this you cannot have a stable blockchain bank. The two components are essential.
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July 27, 2018, 03:17:36 PM
 #11


I am surprised to know that this project will deliver a Central Bank that issues the XOV currency as a future Central Bank Cryptocurrency. And further, this will be a Retail Bank that offers a range of decentralised banking services. It will be amazing if the plan can be implemented. But It seems not easy to control and manage the crypto currencies. As a future Central Bank Cryptocurrency to be, you should to think how to make the proper policy system for the management of crypto currencies as a whole.   

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July 27, 2018, 03:33:47 PM
 #12

allocation of toke distribution. for an airdrop program really big, it catches my attention, where can i join to airdrop him sir?
I can not wait to join soon, and my hope, hopefully this project is successful and growing for the future
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August 02, 2018, 05:53:48 AM
 #13

Total token supply is 70Million tokens. Current token price is $ 0.00444286. Therefore the marketcap is $311,000.

Is this possibly the most undervalued coin out there?
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August 03, 2018, 01:12:17 PM
 #14

Price just shotup to 0.032USD per token

https://www.worldcoinindex.com/coin/xovbank

xov (OP)
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August 03, 2018, 05:15:58 PM
 #15

XOV had a meeting with the Union Bank of Philippines today and discussed the possibility of collaborative working. Partnership opportunities are available on different levels, and further meetings are being scheduled to progress further. The option of the XOV Retail Bank being based within this opportunity has not been ruled out.
xov (OP)
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August 03, 2018, 05:20:01 PM
 #16

XOV is working with a large investment group that has decided to invest in the long term future of the project which is reflected in the current market conditions. This group is committed to helping us reach our development goals with further investments.

At the time of publication the current price is $0.04 per XOV. The volume and price are rising, which is expected to continue.
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August 04, 2018, 06:35:58 PM
 #17

Very detailed OP, the pics look great – that's enough to convince me; no mediocre projects puts effort into their OP/ whitepaper. Such projects can be listed on the fingers and I think for them this is a very important indicator
xov (OP)
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August 07, 2018, 06:45:45 AM
 #18

07 Aug 18 - The XOV project has been listed on Coinmarketcap (https://coinmarketcap.com/currencies/xovbank/). XOV is building a global decentralised banking platform and stable coin which will be controlled via XOVnet (it's currency stabilisation network). New project update is due for release later today. The XOV has a low max supply of 70m coins and can be bought from the Mercatox exchange.

The XOV supply is not expected to last for long which may cause demand to outstrip supply.
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August 07, 2018, 06:46:36 AM
 #19

The team and the project will be top-level. Now the crypts in the world are just not enough. reliable and well-respected project. I'm for it!
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August 07, 2018, 06:56:30 AM
 #20

Very detailed OP, the pics look great – that's enough to convince me; no mediocre projects puts effort into their OP/ whitepaper. Such projects can be listed on the fingers and I think for them this is a very important indicator


The fact that there is a very good description of the picture and plans is excellent. Obviously, it is not a scum but a real working project. But they lack a comparison table so that investors can quickly understand and evaluate what they are better than other similar projects.
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