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Author Topic: ANN:Providence, Pier launching January 14th!  (Read 6344 times)
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December 01, 2014, 11:08:24 PM
Last edit: January 14, 2015, 06:35:13 AM by Providence PR
 #1


Providence is proud to announce the forthcoming program launch.  Destined to be one of the strongest platforms for decentralized autonomous organizations to form, the Providence project is aiming to level the playing field for individuals and start-ups around the world.  By creating the proper economic infrastructure, Providence plans to embody the ideal decentralized ecosystem, and simultaneously create actual value within the marketplace.

One of the main tenets of the Providence project is to facilitate small business start ups with finding capital without violating laws due to ignorance and inability to afford legal counsel.  In addition to this, another goal is to provide intrinsic value to the market by having affiliations with small stock exchanges, allowing exchange of cryptocurrency for stocks in real companies.  

Another aspect of the project is to develop a currency exchange to add the element of multiple-denomination fiat and digital reserves to bolster the eco-system.

Within this all comes a complex reputation system to provide decentralized and objective credit ratings.  This sets the stage for a direct loan system, and additionally the possibility for peer to peer insurance coverage.  Using the credit and insurance systems to bolster start-ups and empower individuals alike, the Providence eco-system aims to provide a decentralized solution to making access to capital fair for everyone while providing the security and transparency of a smart oracle.  


Decentralized Tools Include:

   
Pier-

Pier is a simple, easy to use docking station onto the Ripple protocol. Pier allows users to send money over Snapchat, Facebook, Twitter, Linkedin, Email, and SMS. The receiver does not even need a Ripple wallet, or any crypto-currency experience! Pier generates revenue by charging a small fee on every transaction through the platform. Pier was formally launched as Simple Exchange, which had an active userbase of roughly 3,000 users.

Providence is pleased to announce the launch of Pier, click for more information.

       Pecunia-

Pecunia is our stock exchange that is built over the Ripple protocol.   In addition to the multi-currency support, Pecunia features numerous features that set it apart from its competitors. Users are able to follow their favorite investors and watch their trade activity. Users are also able to message other users via both public chat and private messaging. Pecunia Stock Exchange had a alpha stage launch, known as Simple Stocks, and had nearly 3,000 users.

       Paladin-

Paladin is a decentralized, stylized social rating system that utilizes the Ripple Protocol. Paladin protects the enterprise at the protocol level with an accompanying
project. Paladin will also boost Revenue by funneling users towards Pier.



      Peercover-

Peercover is a P2P insurance platform that enables existing insurance brokers to be their own bosses. Peercover will use a fee-less affiliate marketing model (third party investment offers) to provide a fair landscape for smaller brokers to connect with those in need of coverage.

Peercover in the news:
CoinTelegraph
New Scientist
Fairsights



        Pilgrim-

Pilgrim is a simple mobile application and API enabling contract credit that will work with Providence, our contract client.

Pledger Club-

Pledger Club is the first decentralized application to use unique per request middleware. Pledger Club is a e-signature tool that enables users to cryptographically prove their signatures. In order to create a pledge a Ripple account is needed, however no accounts are needed to sign pledges. Each pledge has a unique URL that makes sharing pledges simple, and keeping pledges private easy.

Pledger Club in the news:
Crypto-Coins News
CoinFinance
AllCoinsNews

Visit Pledger Club by clicking here


To read about the theoretical schema for security, click through


To visit the Providence home page, click through

To visit and follow the Twitter Page, click through

To visit and like Facebook Page, click through

To read the business plan for Providence, click through


Interview with lead developer, click through


For investment questions, click through


The Providence team is dedicated to helping you transcend the competition and make a name for yourself as an independent enterprise!
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December 01, 2014, 11:11:16 PM
 #2

IPO?
ICO?
POW?
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December 02, 2014, 12:46:07 AM
Last edit: December 02, 2014, 01:09:59 AM by Providence PR
 #3

IPO?
ICO?
POW?

Private investment only for now. 
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December 02, 2014, 01:38:37 AM
 #4

My name is Matt and Im part of team Providence. If you have any questions feel free to send me a PM  Smiley

IPO?
ICO?
POW?

Providence is not a crypto-currency, rather its a suite of FinTech products built to work with crypto-currencies.
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December 02, 2014, 07:38:03 AM
 #5

Good or bad, we all remember Peercover.

Who's your banking partner?
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December 02, 2014, 03:30:15 PM
 #6

Good or bad, we all remember Peercover.

Who's your banking partner?

Peercover was a valuable first step in executing the Providence project.  Peercover will play a major role in the ecosystem, as providing insurance is a necessary element to establishing a safe environment to foster new enterprises.  If you read through the business plan here, you will see a plan for phased construction so that we do not make the same mistakes as Ethereum and fail to deliver anything in an attempt to deliver everything.  More detailed information about partners can be found in the long form business plan.

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December 03, 2014, 12:10:09 AM
 #7

Hypercube Studios is proud to be a Providence partner !

Indeed! I'm working on a cool video Smiley Exciting stuff, Providence is going to be huge.

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December 03, 2014, 01:05:03 AM
 #8

If everyone could please vote for Webmata here:

http://brandmecrypto.com/
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December 03, 2014, 02:13:06 AM
 #9

IPO?
ICO?
POW?

I am the main developer on Providence back from six months of intensive training in a hyperbolic time chamber. Here is the initial private investment thread. In the spirit of P2P, we plan to DPO early on our Pecunia exchange the right way.
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December 03, 2014, 04:21:32 AM
 #10

There is NO section of code and you want money from community, good luck guys!
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December 03, 2014, 05:27:13 AM
 #11

There is NO section of code and you want money from community, good luck guys!

Not from the community per se, from private investors.

We have plenty of code, just not open source. We ran public trials on Peercover for a year.
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December 03, 2014, 06:46:20 AM
 #12

There is NO section of code and you want money from community, good luck guys!

We actually have over 500,000++ lines of code. As Jared (datz) mentioned were not asking for money from the community, this is an announcement of our services to come. Were planning on offering a DPO (Direct Public Offering) within 6-8 months in the spirit of P2P, as well as to offer our investors liquidity. Until then were privately funded.

Just to clarify, as we have received several PM's, this is not an alt-coin offering. We offer various FinTech products that enable people to enterprise.

If anyone has any questions, were easily reachable.
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December 03, 2014, 07:22:57 AM
 #13

There is NO section of code and you want money from community, good luck guys!

We actually have over 500,000++ lines of code. As Jared (datz) mentioned were not asking for money from the community, this is an announcement of our services to come. Were planning on offering a DPO (Direct Public Offering) within 6-8 months in the spirit of P2P, as well as to offer our investors liquidity. Until then were privately funded.

Just to clarify, as we have received several PM's, this is not an alt-coin offering. We offer various FinTech products that enable people to enterprise.

If anyone has any questions, were easily reachable.

What sort of qualification does it need to invest privately in this project NOW? e.g. minimal amount...

Sirx: SQyHJdSRPk5WyvQ5rJpwDUHrLVSvK2ffFa
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December 03, 2014, 09:05:54 AM
 #14

What sort of qualification does it need to invest privately in this project NOW? e.g. minimal amount...

We can only take accredited or sophisticated investors and investments over $10,000 unless syndicated.
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December 03, 2014, 02:42:16 PM
 #15

If your from the US or Australia, you must be accredited. We can accept non-accredited foreign investors if it complies with your local law. Were currently seeking a syndicator so we can accept investment as low as $1000.

Accredited investor:
http://www.investor.gov/news-alerts/investor-bulletins/investor-bulletin-accredited-investors#.VH8geaTF_K0

Sophisticated investor:
http://www.investopedia.com/terms/s/sophisticatedinvestor.asp
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December 04, 2014, 06:30:39 AM
 #16

Please like the Facebook Page and follow the Twitter page:

https://www.facebook.com/ProvidenceOPS
https://twitter.com/OurProvidence
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December 05, 2014, 04:48:27 AM
 #17

TALKING TO THE ARCHITECT OF THE PROVIDENCE PROJECT


As blockchain technology moves beyond simple peer to peer currency transfer to full on decentralized autonomous organizations, the Providence project has emerged as one of the most promising initiatives within the digital property landscape.

Genomicist, coder, eccentric, tycoon; Jared Mimms, the founder of Providence was inspired by his exceptional understanding of genome theory to start coding smart contracts.

Mimms expanded the scope of the project from smart contracts to an entire ecosystem. One of the goals is to empower individuals to be able to start businesses, then find capital without violating laws due to ignorance and inability to afford legal counsel.

In addition to this, another goal is to provide intrinsic value to the market by having affiliations with small stock exchanges, allowing exchange of cryptocurrency for stocks in real companies.

Another part of the project is to develop a currency exchange to add the element of multiple-denomination fiat and digital reserves to bolster the eco-system. Mimms wanted to make sure that the the larger vision could be realized, and this meant making sure that digital currencies and stocks can be transitioned into multiple fiat currencies.

Some digital currency purists avoid incorporating fiat into their processes, but Providence plans to have global reach and wants to avoid shutting out markets.

Within this all comes a complex reputation system to provide decentralized and objective credit ratings. This sets the stage for a direct loan system, and additionally the possibility for peer to peer insurance coverage. Using the credit and insurance systems to bolster start-ups and empower individuals alike, Mimms hopes the Providence eco-system can provide a decentralized solution to making access to capital fair for everyone.

To get a better understanding of the project, I was able to talk directly to Mimms about his plans for Providence.

Tell us about yourself and your educational/work background.

I began coding young. Knowing the discipline would increase in ease, I didn’t get too deep. I received extensive exposure to P2P technologies in extracurricular computing courses. Later, I sought mentorship. Mentored by traders in La Jolla California, I started trading forex and options in high school as my senior project. I also did basic bioinformatics.

I went to liberal arts school at Davidson College & swapped over to University of California, San Diego and took my technical stack with ease, inventing genomic-interpretation script approval guidelines and submission protocol for regulatory bodies. I am here to ensure decentralized genomic interpretation. I’m also here to make sure anyone can economically enterprise.

What tools will Providence give users?

Providence will allow people to create their own self sustaining enterprises limited by their own creativity and salesmanship. We have already built an alpha version of our technologies in a test suite called Peercover. Providence is a pathway from alternative exchange, to globalized small securities market, to reputation engine, to P2P insurance, to contract credit, to gestalten contract client.

LeadDynamo is an internalized sales tool on my other thread Omega Genomics. It allows me to email blast every published M.D., Ph.D., and researcher simultaneously about a new product launch. Omega Genomics shares the Providence strategy in the buildout of tools prior to a gestalten result.

Quite a mouthful I know but we have done this once already and have the chops to shoot straight through. Everything leading up the contract client (Paladin, Pecunia, Pilgrim, Peercover, Pier, LeadDynamo) we consider tools. The end result, the Providence platform, visually and technically portrays entire user controlled enterprises.

Although we launched many of these concepts first in our trials, first doesn’t mean best. We use a series of concepts including entropic causation and entropic resolution as well as advanced political defensive realism to make competition work in our favor.

How will these tools help users take control of their finances?

Users, or partners as we like to say, control all their funds client side across platforms, have access to a publicly auditable and cryptographically verifiable API, have access to both physical and virtual assets.

We call users partners because we are enabling “partners in life.” Partners in life is a new paradigm meaning anything you do, any value you create in our economy will produce continuous equity you can later sell or reap dividends on. We have cut time of direct public offering dramatically. We are publicly launching clients over the course of a year on an open decentralized API.

This means anyone can raise funds, anyone can invest capital, and the system enables regulatory streamlined open investment. Raising capital and investment is only one small part of the story. I don’t want to spoil it for everyone but I will say Providence places enterprising contracts in line with life and produces equity in life for everyone using the platform.
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December 05, 2014, 05:17:19 AM
Last edit: December 05, 2014, 05:35:38 AM by bitLeap
 #18

you will see a plan for phased construction so that we do not make the same mistakes as Ethereum and fail to deliver anything

what's going on everyone going after Ethereum??! Yesterday was the Bitcoin foundation badmouthing them now you guys.

.
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December 05, 2014, 02:27:25 PM
 #19

you will see a plan for phased construction so that we do not make the same mistakes as Ethereum and fail to deliver anything

what's going on everyone going after Ethereum??! Yesterday was the Bitcoin foundation badmouthing them now you guys.

Personally I really like the Ethereum concept and hope they get their situation figured out.  I think it's bad that they aren't getting the proper time they need to deliver their project, but a lot of Ethereum investors are clearly upset.  I think it would be unwise to not learn from their mistakes, as even Vitalik has acknowledged he miscalculated the market response.

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December 06, 2014, 02:14:45 PM
 #20

I have not studied much of Ripple. Providence is a very ambitious project. I think on the lines of Ethereum or even more. Good luck with the project! When will you have more updates for us?

Explain how you can take on Ethereum.
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December 06, 2014, 04:07:34 PM
 #21

I have not studied much of Ripple. Providence is a very ambitious project. I think on the lines of Ethereum or even more. Good luck with the project! When will you have more updates for us?

Explain how you can take on Ethereum.

Jared just did a very informative interview yesterday for Denver Bitcoin Center that should be published soon.  

Realistically, one of the major problems with Ethereum is while their focus on the platform itself is necessary for the project to be built, their overall strategy puts the onus of developing the economic infrastructure on the app developers; where as Providence has a plan to create intrinsic value within the market place by giving access to real stock exchanges and real insurance.  This concerted effort at establishing not only the code infrastructure, but actual economic infrastructure creates an environment more conducive to the success of a small business than Ethereum.  Decentralized Autonomous Organizations and businesses getting into crypto will have better access to complimentary markets.
  
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December 07, 2014, 05:28:49 PM
 #22

Here is an interview with Jared from Bitcoinist:



"Touting several services (which are listed below), and an angle that only helps Bitcoin and cryptocurrencies in general, Providence may be a one stop shop that you were looking for. The pictures below are some of the projects Providence is working on, and will only benefit Providence and the end user.

1.       What is Providence Solutions?

Providence is a next generation financial services provider.

2.       What services do you offer?

Providence offers multiple products. Currently we have a currency exchange, stock exchange, p2p credit, and p2p insurance platform built. Were planning on developing a reputation engine over the coming months. The expected launch dates for our platforms can be seen on our site: https://providence.solutions


3.       Instead of improving on other services, you decided to start your own. Why?

A favorite saying of mine, is “build the better mouse trap”. We got rid of the mouse trap, and created a permanent solution. Utilizing Ripple Trade, our products allow users to use our services with any currency. We even have the ability to accept fiat currencies built in.

For example, “John” could purchase shares in company “x” with Litecoin, and company “x” would receive compensation in their preferred currency, say Bitcoin. In addition, we are the most complete provider on the market. We also merged social media with finance. You can now follow your favorite investors, and follow their trades on the market. You can invite your facebook friends, or linkedin connections, chat with other traders and much more. Our products are the most complete financial tools the world has ever seen.

4.       How did Providence come about?

Providence came through the collaborative efforts of myself and Jared Mimms. Jared started developing Providence’s platforms well over a year ago, under the name PeerCover. Jared and I met over 4 months ago, and realized that we work well together. Thats how Providence came to be.


5.       How do you feel Providence will impact the cryptocurrency world?

Providence offers financial products that were otherwise not available to the crypto-currency industry. Since we are able to cross trade any currency through Ripple Trade, all crypto-currencies will benefit from us, not just Bitcoin.

It also greatly increases the liquidity of our markets. Our insurance platform offers a service unheard of, even in the fiat world. Providence’s suite of platforms enable every man, woman, and child to earn a passive income. Providence will not only impact the crypto-currency industry, but will change the world of financial services.

6.       How did you get into Bitcoin?

I first discovered Bitcoin in 2012, immediately after hearing about it I read everything I could find on it, and purchased a few. Its been amazing watching the industry get to where it is today.


7.       How is Providence in its current stages?

Currently were preparing our products for v1.0 launches, we completed Beta market tests last year. Were also in the process of raising funds from angel investors in order to hire more developers and purchase dedicated hosting hardware.

8.       What can we expect in the future?

Were going to be working on creating a decentral reputation engine for Android and iOS. Were also working on building decentralized Internet “random access operation” computing, more information is available on this at www.webmata.org. Finally, were working on developing a contract client.
Photo Source: Providence
For more information: https://providence.solutions/"
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December 07, 2014, 08:39:07 PM
 #23

Good or bad, we all remember Peercover.

Who's your banking partner?

Peercover was a valuable first step in executing the Providence project.  Peercover will play a major role in the ecosystem, as providing insurance is a necessary element to establishing a safe environment to foster new enterprises.  If you read through the business plan here, you will see a plan for phased construction so that we do not make the same mistakes as Ethereum and fail to deliver anything in an attempt to deliver everything.  More detailed information about partners can be found in the long form business plan.




Dear Providence PR;

This looks like an interesting project and I'm happy to see real business get involved with BTC. However I am concerned to see that AcoinL.L.C (Matt) who works for you is making posts like this one in my own business' thread, or this one or this one, among others -- but the last one in particular because he seems to be going after someone who posted their businss certificate. There are a couple of real, Federally Incorporated businesses just like yours behind KPS, and I am beginning to wonder if Matt's posts are part of some kind of Corporate Agenda to discredit startups who have not gone through your (consulting service?). Far fetched I know, but I am struggling to understand what the reason is behind Matt making so many negative comments on other startups could be. Can you comment on whether or not these posts were made as an employee or associate of Providence or if they were made on his own? Thanks.
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December 08, 2014, 12:08:26 AM
 #24

Good or bad, we all remember Peercover.

Who's your banking partner?

Peercover was a valuable first step in executing the Providence project.  Peercover will play a major role in the ecosystem, as providing insurance is a necessary element to establishing a safe environment to foster new enterprises.  If you read through the business plan here, you will see a plan for phased construction so that we do not make the same mistakes as Ethereum and fail to deliver anything in an attempt to deliver everything.  More detailed information about partners can be found in the long form business plan.




Dear Providence PR;

This looks like an interesting project and I'm happy to see real business get involved with BTC. However I am concerned to see that AcoinL.L.C (Matt) who works for you is making posts like this one in my own business' thread, or this one or this one, among others -- but the last one in particular because he seems to be going after someone who posted their businss certificate. There are a couple of real, Federally Incorporated businesses just like yours behind KPS, and I am beginning to wonder if Matt's posts are part of some kind of Corporate Agenda to discredit startups who have not gone through your (consulting service?). Far fetched I know, but I am struggling to understand what the reason is behind Matt making so many negative comments on other startups could be. Can you comment on whether or not these posts were made as an employee or associate of Providence or if they were made on his own? Thanks.

Unless it is in the context of this thread, from the Providence PR account, or directly related to the topic of Providence, I assume nothing to do with that account was done directly "for" Providence, and further, I am not really sure what you are saying he is doing.  We are not doing a consulting service, and are building a platform for enterprises to have the tools to grow.  You can read the business plan here: https://providence.solutions/ProvidenceBusinessPlan.pdf
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December 08, 2014, 02:43:14 PM
 #25

Should be some new articles coming out about Providence this week!
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December 09, 2014, 06:35:40 AM
Last edit: December 09, 2014, 07:59:31 AM by datz
 #26

Providence has enacted Regulation S to enable unaccredited investment from non U.S. citizens over Ripple.

Profile

Our Intentions

Introduction Letter

Business Plan

Deck













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December 10, 2014, 07:05:52 AM
 #27

you will see a plan for phased construction so that we do not make the same mistakes as Ethereum and fail to deliver anything

what's going on everyone going after Ethereum??! Yesterday was the Bitcoin foundation badmouthing them now you guys.

Personally I really like the Ethereum concept and hope they get their situation figured out.  I think it's bad that they aren't getting the proper time they need to deliver their project, but a lot of Ethereum investors are clearly upset.  I think it would be unwise to not learn from their mistakes, as even Vitalik has acknowledged he miscalculated the market response.

in other words... expect a massive dumping in the first few days. the question is will they survive this or will it continue to bleed until it dies?!

.
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December 10, 2014, 07:09:46 AM
 #28

I have not studied much of Ripple. Providence is a very ambitious project. I think on the lines of Ethereum or even more. Good luck with the project! When will you have more updates for us?

Explain how you can take on Ethereum.

I don't think it's wise to build anything on top of Ripple for the moment. Jed has stated there are major flaws that can't be fixed/ Jed is working hard with his entire team on solving this. I would wait a couple of months and wait the new updated Stellar code and build on top of that.

.
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December 11, 2014, 01:36:06 AM
Last edit: December 11, 2014, 02:01:49 AM by datz
 #29

I don't think it's wise to build anything on top of Ripple for the moment. Jed has stated there are major flaws that can't be fixed/ Jed is working hard with his entire team on solving this. I would wait a couple of months and wait the new updated Stellar code and build on top of that.

We already have pushed applications on the protocol to great success. I was a member of the rippled git pre open source invited by Jed himself. Jed created value by bringing together a team and extolling a vision. That is how he escaped from Mt. Gox. He received compensation for that value in XRP. Jed did not push code in the rippled git. He did not belong as CTO or any position. Stanford tried to capture too much value. Granted, they did produce value with the SJCL cryptographic library they have been compensated for. I personally created 100X the value of Stanford by architecting contract schemas and the new web. They attempted to domesticate me and force me into their business school to capture my value. I declined.

If Ripple blew up tomorrow, a few individuals would control the world economy. This is why Jed and his team forked. However, the Stellar fork won't work since it produces a value disparity. Although the distribution of Stellar seems fair, y-combinator companies and Paul Graham have positioned themselves to turn Stellar into a business. Furthermore, Stellar takes away compensation from real developers who created real value. The existence of the Stellar protocol produces confusion and inefficiency. The forking of the Stellar protocol happened as a symbol of the inefficiencies of its existence.

We are a special operations company that has produced technologies to limit centralized control on that protocol. We are the first individual independent enterprise enabling group. We can capture the value the wrong people stole and redistribute it to the right channels. We do not assign titles, we are all partners. This is why you need to support us and fund us. We can bring freedom and ensure proper value distribution.

Furthermore, we have made a pledge ensuring decentralization. Join us and attain freedom.











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December 14, 2014, 12:11:13 AM
 #30

Press Release in Cryptobiz Magazine:

http://cryptobizmagazine.com/providence-announces-revolutionary-software-suite/

Providence Announces Revolutionary Software Suite
Dec 13, 2014CBMPress Releases, Software0
California, December 11, 2014 — The Providence team is proud to announce the forthcoming package of software tools that aims to accelerate the evolution of the financial tech sector. They have planned a phased release of five programs that will work together to create the network necessary to sustain an enterprise. The team has closely studied the global economic landscape, and they have refined their tools to make starting and sustaining a business fair and accessible for everyone. To achieve this monumental task, the team has been strategic about their planning, and are ready to release their next wave of software.
 

Providence is bringing power to the Individual Independent Enterprise. Providence is a project developed during the last 1.5 years by Jared Mimms and is built through Ripple. They aim to shake up the financial sector by empowering people in a way that is not yet possible in the current financial system. Providence consists of five components:

 

Pier — a simple, easy to use asset and currency exchange, featuring over 2500 markets and 50 different currencies

Pecunia — the stock exchange that is built over the Ripple protocol

Paladin — a decentralized, stylized social rating system that utilizes the Ripple Protocol

Peercover — a P2P insurance platform that enables existing insurance brokers to be their own bosses

Pilgrim — a simple mobile application and API enabling contract credit that will work with Providence, the contract client

 

“Providence will allow people to create their own self-sustaining enterprises limited by their own creativity and salesmanship. This means anyone can raise funds, anyone can invest capital, and the system enables regulatory streamlined open investment. We sincerely declare our intentions to produce economic freedom worldwide and enable the decentralized web. We value every individual as a vital part of a greater whole. As such, every individual deserves the opportunity to enterprise. ”

~Jared Mimms~

 

Since 2008, private investment in fintech has risen to nearly $3 billion per year globally, on track to reach $8 billion per year by 2018. With a relatively small market to cover, the Providence team has plans to grab up to 50% of the cryptocurrency-exchange market share while it is in the booming stages. The Providence program suite will go much further than just simple token exchanges and eventually will consist of an expansive set of financial tools. The team hopes the Providence client will level the playing field for the smaller enterprises looking to make a bigger impact, and enable large enterprises to be more efficient. The CEO and lead coder, Jared Mimms, has his sights set on changing the global financial industry for the better.

 

Providence has publicly declared their intentions with their mission statement and business plan. You can read more about the project and learn about the coming fintech revolution by following the links:

 

Business Plan: https://providence.solutions/ProvidenceBusinessPlan.pdf

Providence Site: https://providence.solutions/

Mission Statement: https://providence.solutions/ProvidenceIntentions.pdf

For Direct Inquiries contact Matthew Neumeier at: matthew@providence.solutions
For Telephone inquiries call: (312)-952-1495
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December 14, 2014, 12:59:34 PM
 #31

Article about Providence in CryptoBiz Magazine (page 33):

http://cryptobizmagazine.com/crypto-biz-magazine-issue-07-december-2014/
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December 15, 2014, 09:32:27 AM
 #32

Why are there 5 parts? Seems like 1 is more than enough to have some enormous goals.

How will Peercover be improved from before?
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December 16, 2014, 04:03:49 PM
 #33

Why are there 5 parts? Seems like 1 is more than enough to have some enormous goals.

How will Peercover be improved from before?

There are 5 parts to reduce the risk of failure by spreading the revenue model.  Also, having individual tools that focus on their respective market makes for much more effective use of interfaces and information distribution.  Effective decentralization on the back end, with Providence having the capacity to access all the tools in one interface if desired.

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December 17, 2014, 03:14:00 PM
 #34

http://bravenewcoin.com/news/providence-building-a-new-economy/

“Providence will allow people to create their own self-sustaining enterprises limited by their own creativity and salesmanship. This means anyone can raise funds, anyone can invest capital, and the system enables regulatory streamlined open investment.” – Jared Mimms, CEO and lead coder at Providence

The Bitcoin Industry has seen a raft of economic tools released recently. Ethereum created quite the stir earlier this year, with its smart contract platform. Mimms is a great supporter of the Ethereum project, but believes there is an alternative approach that can better service small businesses and their future success.

“Providence has a plan to create intrinsic value within the market place by giving access to real stock exchanges and real insurance.  This concerted effort at establishing not only the code infrastructure, but actual economic infrastructure creates an environment more conducive to the success of a small business than Ethereum.  Decentralized Autonomous Organizations and businesses getting into crypto will have better access to complimentary markets.”

– Mimms

Private investment in FinTech, states a recent press release by Providence, has risen from $3 billion in 2008 and is on track to $8 billion in 2018. Providence is hoping to acquire 50% of the crypto-exchange market, and allow a low barrier of entry and the tools for smaller businesses to enter.

“The team hopes the Providence client will level the playing field for the smaller enterprises looking to make a bigger impact, and enable large enterprises to be more efficient. The CEO and lead coder, Jared Mimms, has his sights set on changing the global financial industry for the better.” States the recent Providence Press Release.

Mimms has been in the industry for some time, testing the market with Peercover, “In the short history of Peercover we have offered many innovative proofs of concept, and along the way have achieved some success.” explains Mimms, “We integrated a stock exchange, launched peer-to-peer insurance, spearheaded a new credit protocol at source, and invented turing complete contracts and autonomous corporations.”

Peercover was closed in June this year, with an announcement by Mimms stating, “The company is not currently positioned for success and we are unable to pay the server bills from the little revenue that we are generating.” Mimms claims a lack of funding, and specifically that funds were “frozen by our enemies in Google Wallet." Mimms continued in the announcement, “We plan to fragment the technologies we have built and spin off separate applications.”

In line with this plan Providence has added four additional projects to facilitate the enterprising ecosystem. These additional projects will consist of; Pier, an asset and currency exchange; Pecunia, a stock exchange built on the Ripple protocol; Paladin, a social rating system utilizing the Ripple Protocol and Pilgrim which is the mobile application and API providing contract credit that will work with Providence.

“With the Peercover trials we pioneered voting schemas [and] we have transitioned to decentralized formats beginning with Paladin, giving partners (Providence users) power. We have the technical means to ensure all Providence aficionados are revenue sharing partners in life.”

Mimms is confident in their decision to build on the Ripple platform, “We already have pushed applications on the protocol to great success.” There are specific reasons as to why Providence have chosen Ripple.

“Right now we, as a species, require a consensus ledger P2P financial framework for technical reasons regardless of the politics. Ripple can handle 1000 transactions per second on current hardware. The decentralized exchange and tokenization of three dimensionally backed assets as well as many lesser known features of the protocol requisite our serious financial suite.”- Mimms

Providence will be offering a direct public offering (DPO) in the next six to eight months. Until then, the project will be privately funded, with 20% of the company available. Providence will accept non-accredited foreign investors, so long as they comply with local laws. On the 9th December, Providence announced they had enacted Regulation S enabling unaccredited US investment over Ripple. "Providence is offering 1/5th of total shares, 4,000,000, over the ripple protocol" Mimms explains, "We have created a one click method if you hold SnapSwap or Bitstamp USD. Please see the redemption site for more information."

“Currently our society forces centralized education and employments that trap intelligences, producing inefficiency in the application of talent and ability to worldwide endeavors. Providence produces absolute freedom in ability to stretch individual salesmanship and creativity to the limits of value production. Providence is the first truly reap what you sow economy.”

– Mimms
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December 19, 2014, 02:10:53 AM
 #35

whats this pledge about?
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December 19, 2014, 08:12:08 PM
 #36

whats this pledge about?

At the core, the Pledge asserts that Providence aims to enhance the global financial tech industry through its actions.   

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December 23, 2014, 07:49:38 PM
 #37


Click to see the Providence trailer!

.The DeFi for Bitcoin Platform.            ███   ███
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December 25, 2014, 05:39:21 PM
 #38

I am not an accredited investor but would be interested in investing $3-$5k or so. I have looked at your business plan and have read about Jared Mimms. Decentralized stock exchanges like Pier really have a place. I am extremely disappointed with the lack of scalability of Counterparty and the fact that a few thousand transactions there could cripple the system.

Sorry, were only accepting investment from accredited investors at the moment. If you are a non-us resident you may qualify through reg S (http://www.sec.gov/rules/final/33-7505.htm). Pier is our currency exchange, Pecunia is our securities exchange Wink

Thanks for your support, we appreciate it!

Happy Holidays
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December 29, 2014, 06:01:34 PM
 #39

Providence is pleased to announce the launch of https://pledger.club! Pledger Club is a e-signature tool that allows users to cryptographically prove their signatures. Pledger Club is the first decentralized application to use unique per request middleware.

Features:
New Pledges: create new pledges that contain a legal statement or reference a document (HTML enabled)
Open Pledges: URL unique pledges enable both privacy and ease of signature
Share Pledges: share pledges over twitter
My Pledges: list and review pledges you have created or signed
Export Signatures to CSV (for creator)
https://i.imgur.com/Oh23nQM.png
https://i.imgur.com/hto7pct.png
https://i.imgur.com/JMFgbQT.png
https://i.imgur.com/YJw1Z1q.png
https://i.imgur.com/fsXvQil.png
https://i.imgur.com/rMCI32N.png
https://i.imgur.com/okZzlP2.png


Signature exports, signatures, new pledges, and my pledges retrieval costs are detailed here: https://pledger.club/ripple.txt

Pledge on!
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December 31, 2014, 06:27:16 PM
 #40

Were proud to announce https://Provichat.com, the decentralized messaging board!

https://i.imgur.com/2w3qTfK.png?1
https://i.imgur.com/bOKduXu.png?1
https://i.imgur.com/RDiv9FI.png?1


Providence is also pleased to announce the launch of Pier, Pier is the docking station onto Ripple.  Pier launches on January 14th, 2015

On launch, you can visit Pier at https://Pier.Exchange


https://i.imgur.com/vYJvzZt.jpg
https://i.imgur.com/0fBK1k3.png

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January 04, 2015, 08:38:09 AM
Last edit: January 04, 2015, 08:52:06 AM by Providence PR
 #41

We just launched a signature campaign! You can join here: Signature Campaign Thread
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January 08, 2015, 01:19:24 AM
 #42

Pier launches next Wednesday!
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January 11, 2015, 07:30:36 PM
 #43

We pay you for your signature space!

Signature Campaign

Visit the PRV Fountain here to receive 100 PRV for free!
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January 14, 2015, 02:14:05 AM
 #44

Pier launches tomorrow!

Pier allows users to send money over Snapchat, Twitter, Facebook, Linkedin, Email and SMS, the person receiving the money does not need to have any prior experience with crypto-currencies!
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January 14, 2015, 04:57:29 AM
 #45


I don't know whats wrong but until now I'm not receive 100PRV
my ripple already funded, using chrome browser and I didn't see PRV in rippletrade  Lips sealed
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