[ANN] XOV is creating a global decentralised banking platform

[3dyx]

reserved. I think this is the first project that has a very clear purpose and I am sure it will grow better.

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[cryprourlbull]

Hi, please tell me, are there any countries that are forbidden from participating in the project?
In which country is it planned to start using it first time?
Also what's the total years that will be completed?

[darrenwgray]

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.

Yes, you need to show how your project differs for the better from others. Without this, it is difficult to assess

[BitPotus]

so this is just a project to "investigate if cryptocurrency is compatible with fractional reserve banking"...

we don't need fractional reserve banking in crypto.

there.

take that to your phd supervisor and sod off...

[wadeo007]

XOV is now listed on CoinMarketCap

https://coinmarketcap.com/currencies/xovbank/

[wadeo007]

You can now watch XOV on the BitScreener app

Available from the Play Store and iOS App Store

[xov]

XOV PROJECT UPDATE RELEASED

Research

XOV has been working closely with our Academic Support Team including our Digital Currency Architect on the economic model for our currency stabilisation. This has also been discussed with the Imperial College in London. The model is expected to be ready within 4-6 weeks. The model will then be patented and converted into a technical specification for development. Research is an ongoing activity within XOV. We plan to develop an XOV Research and Development Academy in the future responsible for the ongoing development of XOVnet.

Development

The development of XOVnet will start once our economic model has been completed. We will soon be appointing our Chief Technology Officer (CTO), blockchain architects and developers to start work on the technical specification. The banking and stable currency network will then be documented in a White Paper for publication and we hope to have developed an MVP by Q4 2018. The website will undergo some redevelopment work this month including the Management Team area for greater transparency.

Exchanges

XOV is currently looking for suitable exchange opportunities that will enhance the accessibility of the XOV token to our investors, and provide additional trading volume. We have a number of options and have been considered for listing on Coinex. Please join our bounty program to vote to get us listed.

Partnerships

XOV met with Wirex in July to explore a payment card for XOV banking customers in the future. These negotiations are still ongoing, and we are confident that our customers will be able to apply for a XOV payment card in the future.

XOV has also met with the Union Bank of Philippines (UBP) to discuss collaborative working. These discussions are extremely positive, and there are several possible scenarios including a retail bank presence in the Philippines, and a blockchain banking arm or XOVnet integration into UBP. XOV Loans All banks offer loans to their customers and XOV is no exception. We are exploring a decentralised preferential loan service to XOV investors in the near future. This will be one of the many components of our retail banking arm in the future. More details to follow

[D1jay]

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?

Yeah, in terms of having a small total supply of just 70million tokens seem to make this token undervalued but in the case of usability to also match with price can't really say much yet, but i think with such small supply XOV is definitely a good buy at this present time, imagine when development is achieve with such supply it will surely worth the hodl.

[Mr.Krot]

Now the whole market is falling, so there is no opportunity to prove yourself, but in General I see the growth potential of this token,now it is not very appreciated and it is a good time to buy and keep it!

[Cryptodiscuss]

I just cant believe that this coin have daily vol more than 12BTC! Even if its just dumping its significant vol for young coin.

[cptnSolo]

why not just using BitShares smart assets like bitUSD, etc. ? there is _already_ a decentralized central bank in BitShares, just check them out, no big deal. and more than 1K TX/s

[homez]

Latest update from the XOV telegram channel.....



XOV is researching and developing a stable digital currency network (XOVnet) and a global decentralized banking operation (incorporating a Central and Retail Bank) that the currency will operate within. The Central Bank Cryptocurrency (CBCC) will be asset backed with fractional reserves and held and controlled independently by a reserve entity (RE) with full transparency.

Once the economic and technical model is finalized, XOV is poised to be a leading force in the decentralized banking sector, and likely to make an important contribution to a new banking revolution.

Learn more: xov.io
Discord: https://discord.gg/TuzvkkU
Twitter: @xovercoin

Soon you will see a new website, new exchanges and an upcoming bounty program to go along with the release of our new White Paper 2.0. Our community is active, engaged, and ready to serve you.

[Kangheri]

Hopefully third time lucky, c'mon people no moon and lambo talk, keep it clean and spam free. Please add constructive posts here that adds value to the project or that engage in healthy discussion. Good luck!

[BitPotus]

Hopefully third time lucky, c'mon people no moon and lambo talk, keep it clean and spam free. Please add constructive posts here that adds value to the project or that engage in healthy discussion. Good luck!

Spam free?

maybe you need to tell that to the OP who keeps spamming bitcointalk by opening new threads about his fucking shitcoin.

 

[marysay12]

Wow great raffle of xov great project to dev buy more guy's moon is coming i love this project

[timenewroyal]

This is interesting, is there a whitepaper? Am curious to understand how we would know the clocking on and off time being entered to be correct? Or if the right person is clocking on and off?

[CORNEL]

This is interesting, is there a whitepaper? Am curious to understand how we would know the clocking on and off time being entered to be correct? Or if the right person is clocking on and off?

No there is whitepaper link available in OP and as well as on official website too. I don't like the distribution system and the idea of this project it not looking serious project.

[homez]

The whitepaper is being worked on as we speak. It's not often you get the opportunity to invest in a project before the whitepaper is out.

Soon there will be a new website with lots of news about the progress of the project, just check out how active the team are in Telegram and Discord.

The project is already listed on Mercatox and just last weekend Bitexbay with more exchanges coming in the near future.

[homez]

The latest message on Telegram.....


Now trading on Bitexbay.com!!!

XOV is researching and developing a stable digital currency network (XOVnet) and a global decentralized banking operation (incorporating a Central and Retail Bank) that the currency will operate within. The Central Bank Cryptocurrency (CBCC) will be asset backed with fractional reserves and held and controlled independently by a reserve entity (RE) with full transparency.

Learn more: xov.io
Discord: https://discord.gg/TuzvkkU
Twitter: @xovercoin

Max Supply: 70m (circulating around 35m)

Trading at:
https://mercatox.com/exchange/XOV/BTC

https://www.bitexbay.com/Home/Orders/index/currency/XOV-BTC.html

CMC: https://coinmarketcap.com/currencies/xovbank/

Soon you will see a new website, new exchanges and an upcoming bounty program to go along with the release of our new Light Paper 2.0 (including updated road map). Our community is active, engaged, and ready to serve you.

[homez]

More great progress from the project on twitter....

https://twitter.com/XOVercoin/status/1031469991474880512

"Revolutionising the world’s global financial system is always going to be a challenge but here at XOV we have spent months rewriting it in theory. The outcome of this is a revolutionary roadmap and XOVnet. We also now have two reputable longstanding banks on our tail."