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Author Topic: XMLGold.eu (Perfect Money, Bank wire, Bitcoin, Litecoin, MoneyPolo, HDMoney...)  (Read 14717 times)

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The Very First Peer-to-Peer Bitcoin Transactions that Ever Happened in Space!



The Genesis Mining has been triumphant and also had made its path to settle the very first peer-to-peer Bitcoin transaction right on the space with the assistance of a weather balloon.
Couple of months ago, the developing team at the Genesis Mining, in which was a Bitcoin mining company in which was founded in the year of 2013; and has travelled all the way through the United Kingdom to just to be able to launched a 3D model of a Bitcoin embedded together with a Bitcoin paper wallet in which makes its way right into the stratosphere. And in its very firsts space balloon that may have ever reached the Armstrong Limit, or to be exact was the altitude of 20 kilometers. And at the accurate and same time has successfully taken the physical Bitcoin right into space just to be able to complete and yet settle a Bitcoin transaction. And right in its second launched the space balloon happened to surpass the 34 kilometers margin and as well as defeating its very own previous record and straighten out its second peer-to-peer transaction in space...

Read the full article here: https://www.xmlgold.eu/en/news/article/390/the-very-first-peer-to-peer-bitcoin-transactions-that-ever-happened-in-space


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Good News!



We added new currency! From now you can exchange BTC-E Code EUR at XMLGold as well.
More: www.xmlgold.eu

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How to order XMLGold PrepaidCard(anonymous)!



1. How to order?

You must meet the following requirement(s):

    -To order a Prepaid Debit Card, go to XMLGold.eu
    -  Must be at least 18 years old
    -  Register on site XMLGold.eu
    - Then go to the Prepaid card section...
 
Read the full instruction here: https://xmlgold.eu/en/news/article/328/how-to-order-xmlgold-prepaid-card

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Digital Payment: Popularity is Shooting Up!



In spite of the fact that a selection of headlines to the divergent, bricks-and-mortar is yet still relevant at this very moment right in the digital payments consumer, even though it is not laying on the side of the traditional sense, as mentioned in the Visa’s 2016 Digital Payments Study. The study, for which Visa had surveyed for over more than 36,000 online consumers residing in 19 European countries, state that this is an addition to the summation of Europeans regularly using their mobile devices such as the smartphone, tablet or even wearable for the payments having tripled since the year of 2015. It certainly remarks that “showrooming” in which is the act of seeing an item in –store right before purchasing via online and it is an devastatingly well-known shopping means for firmly seven out of 10 in of which garners a percentage 69 consumers to select for the acquisition of medium to high-value items in specifically in the United Kingdom in which garners 80 out of a hundred...

Read the full article here: https://www.xmlgold.eu/en/news/article/401/digital-payment-popularity-is-shooting-up

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Money or Not: Does the Bitcoin Can Be a Cash Equivalent?



The United Kingdom Gambling Commission views the Bitcoin as cash equivalent! The question still lingers in the corners of the Bitcoin community and society, on whether the Bitcoin is money or not, has enormous and massive implications concerning the anti-money laundering rules and regulation, the taxation and also the legal arguments, etc. The United Kingdom Gambling Commission has just made the view and speculations on this case and issue.

The UK Gambling Commission is an independent regulatory body, in which is sponsored by the United Kingdom Department for Culture, Media, and Sports. It was assembled and set up under the Gambling Act of the year 2005 to regulate the gambling in the Great Britain. It regulates and facilitates a broad range of variety of gambling activities in including the lotteries, the casinos, the arcades, the bingo, the betting, etc. The insights and views on the digital currencies in the license conditions in which are being issued by the Commission in the month of July the same year 2016, the Commission mentions and amended that the licenses should have appropriate and civil policies and procedures concerning the use of cash and the cash equivalents. Crucially and yet also remarkably, the definition of the cash equivalents includes the bankers’ drafts, the cheques, the debit cards and the digital currencies like the Bitcoin. The licenses must have controls in the place to minimize the risks and dangers to crimes in such as the money laundering.

The new license conditions are being valid from October same year 2016. The new license requirements are effective this coming 31st of October year 2016 as mentioned. A 3-month period has been given for the gambling operators to familiarize themselves with the changes that will occur immediately, the changes made were to ensure compliance. The license holders are expected to keep themselves informed regarding the developments and progress in the gambling legislation, the Gambling Commission guidance and codes of practices and procedures.

Read the full article here: https://www.xmlgold.eu/en/news/article/406/money-or-not-does-the-bitcoin-can-be-a-cash-equivalent
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Japan’s Bitcoin Sales Tax



An anticipated plan to end the sales-tax collection on the purchases of the virtual currencies in Japan will similarly impel the development growth of the Bitcoin and the other digital currencies as the alternatives to the fiat according to a report by Nikkei.
Right after the news, there are more exchange traders claimed on joining the Bitcoin’s bandwagon. The market research firm in which is the Seed Planning was estimating the Bitcoin’s annual trading quantity will climb to 2 trillion in this year. This positive move could slash costs for the buyers and will be another incentive that would probably motivate the existing Bitcoin users in the entire country that has depicted as one of the first to officially is acquainted with the digital currencies as money. And it could also raise the adoption by new users and the impact on the price of the top cryptocurrency. Last March 4, 2016, the cabinet in Japan had approved a series of bills in which would assist the banking sector and also expand their reach when it comes regarding information technology business and the new era of technologies. And it was the very first step on the path for the Bitcoin and the other digital currencies to play a role in Japan’s financial system. In this certain way, these currencies can be probably improved regulated and also managed within the entire country...

Read the full article here: https://www.xmlgold.eu/en/news/article/411/japan-s-bitcoin-sales-tax
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The Forthcoming Financial End for Europe as the Central Banks Overlook Red Lights!



Theresa May presaged in her conference dialogue regarding the very low-interest rates that keeps on fueling the inequity. And to talk about at the fact that Donald Trump truly wreaths against the chair of the Federal Reserve, Janet Yellen. And also the Germans are fidgety on the subject of the lax monetary policy of the ECB. Then a question remains in the statement of, what has gone wrong?

Read the full article here: https://www.xmlgold.eu/en/news/article/416
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Growing Industry Sector of Bitcoin Debit Cards!



The Bitcoin keeps on maintaining its confidence in making its way to mass adoption. The replication of the traditional financial system elements was constantly an inevitable attribute of this process and finally it came into debit cards. And someone thinks that entering the debit cards make spontaneous sense regarding making the Bitcoin spending mainstream, and someone thinks of it as of a temporary solution in a way to something more.

The Bitcoin debit card market is entirely novel, and there is not that much to spill regarding its history. And it is ordinarily presumed that every single thing of it had begun in way back year 2014 when the mass media had talked about the Xapo which is the company that debuted with the very first Bitcoin debit card. And soon, it was no longer something only one of its kind as the niche had begun developing and growing dynamically and already in this very year the segment had become diversified enough to showcase and provide an excellent opportunity to select among several varieties of solutions. And up to this date, there are more than 20 companies who can be able to provide the Bitcoin debit card services for tens of thousands cardholders all around and across the world. The launched of an owned Bitcoin debit card was also the initial idea of the United Kingdom-based financial solutions provider in which was the Spectro Finance. The company came with this particular idea in which was probably earlier than anyone else in the market in the time table of the year 2013.

Read the full article here: https://www.xmlgold.eu/en/news/article/426

You can order XMLGold Prepaid Card here: http://www.xmlgold.eu/en/prepaid_card

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This Is What PerfectMoney Guarantees Each And Every One Of Us!



In the matter of unstable moments, it is exceptionally tricky to set any only financial guarantees. And the circumstances right in the global markets right from now and then changes headlong, and it is frequently occurring at the currency rates, and also the cost of the raw materials and metals solely depends right on the essential aspects and are not the individual subject right into the technical analysis and also forecasting. Several first-rate payments have tried their very best upon guaranteeing their constancy but suddenly had failed to fulfill their obligations and responsibilities given a right to the users and also the contractors. The myopic investment guidelines and the court claims of the tax agencies have regularly adversely affected the work of the Electronic Payment Systems.

The fact that we cannot stand aside right with a thought that nevertheless been a reliable and secure payment system should ever exist. And that is the firm reason the PerfectMoney has ever been created to be able to work with the finance; and furthermore give a full satisfaction clients; also pay some respect right of the competitors and thousand of daily registrations and also the astronomical quantities of the currencies trusted to PerfectMoney by the users are the very best guarantee that the tomorrow’s financial day will embark good with the PerfectMoney and that the PerfectMoney has a bright future… or it is better to say that the upcoming future has PerfectMoney.

A group of the PerfectMoney legal representatives have analyzed the experience of the other payment system and also developed a one of a kind system together with the security and also can be able to satisfy and can exclusively guarantee of the customer’s funds are in the right hands at the same time. Bearing in mind that a prudent risk distribution the analysis of the PerfectMoney have made its way to being able to evaluate all of the possible dangerous moments and also the threats to the system security. The PerfectMoney does not practice investment activity and has refused the system tools that undeniably achieve the revenues by putting an investment at the user’s funds; and owing to this particular fact that the PerfectMoney is absolutely protected right from the majority of the risks that may, without doubt, affect the standard banks and also the payment systems.

The steadfastness and immovability of the PerfectMoney are fundamentally based on the collaboration together with dozens of exchangers on the internet that fully run their businesses for an extended period already and have also showcase each and everyone and themselves as approved, secure and also stable partners in the field of the electronic currency exchange. The trade partners sincerely cooperate with the PerfectMoney by exchanging PM right within the frame of partner interrelations. And they are the system guarantors that are providing the exchange of any amount of the PerfectMoney just within the duration of 24 hours.

And there is another guarantee of the security of the customer’s funds is multi-plan and also multi-currency accounts that provide the PerfectMoney system right with the apex level of flexibility and also the resistance to the macro-economical fluctuations and also changes of the currency rates and the metals. The security of the PerfectMoney customers’ funds can be also guaranteed by the multistage intellectual safety system based on up-to-date scientific researches and studies right in the fields of the data security. For more information and certainty on the PerfectMoney, kindly please read the article entitled with “PerfectMoney’s Wonderful Operating Features.”

Beyond doubt, PerfectMoney fully understands that the level of the financial security of the user's impacts that the reputation of the entire company. And since the reputation and the name always come first for any single company, and PerfectMoney considers the financial guarantees provided to the users as the premier priority task, so the PerfectMoney try to sternly pursue all business ideologies and the traditions while working with the finances.

More: https://www.xmlgold.eu/en/news/article/430
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No More WebMoney, Yandex.Money, QIWI, and Wallet One in Ukraine!



It was tilting at the windmills as the Ukraine banks the Russian payment services! A month before the year 2016 ends, the National Bank of Ukraine introduces a ban right on the usage of the payment services that was being provided by WebMoney, Yandex.Money, QIWI, and Wallet One. The state authority has already clarified that it was because the rules of the digital money usage were not coordinated by the companies’ right with the National Bank of Ukraine that their stipulation of their services was perched.

Right in these particular circumstances the service users are the ones license affected the most; as it will become impossible to be able to pay right for the goods and the services and also withdraw money right from their eWallets operated by the banned payment services providers. The PR Manager of QIWI, Aleksander Dzhabarov has already made their statement of, “We are really flabbergasted regarding the fact that QIWI has got right into the list of the banned payment services with just one simple reason in which the company does not licensed to operate right in Ukraine since of the year 2012.”

The Press Secretary of Yandex.Money who’s been puzzled has expressed their thoughts regarding the situation that, “The Yandex.Money has been operating and spreading our world class services all around and across the globe, at any single place where there is an internet connection and as according to with the licensed issued by the Central Bank of Russia in the acquiescence right with the national policies.” Then the spokesperson continues their statement by uttering that, “Nevertheless, we do not have any single subsidiaries right in Ukraine; and unluckily, we cannot persistently take the full control right on how our services act in agreement with the legislation of the countries where our services had become known. And every single country has its very own legislation and breathing with the rules each and every second of the day is the responsibility of the populace of particular countries. And Yandex.Money has not introduced every single restriction for the services that we are providing to the users right from Ukraine.”

As according right with the legislation of Ukraine, the issuing of the digital money can be only done by the National Bank f Ukraine. And the Press Office of the National Bank of Ukraine has spoken their side with this regulation that, “Taking right into the account had introduced precautions that the National Bank of Ukraine has ordered the banks and the other financial institutions to prohibit the provision of the services of the international payment systems in which was created by the residents of the Russian Federation, and to finalized the reciprocal payments and also return the licenses right for the participation of the institutions with the international payment systems right to the National Bank of Ukraine.”
The recent measures are right only a part of the national campaign for restricting of the banks and the financial institutions that was established by the Russian residents on the sovereign territory of Ukraine. Right in this year’s late October a draft of the law right on the amendments to the regulations of the banking activities was brought to the table right for a discussion at the Verkhovna Rada. The explanatory note that is attached right to the draft of law has stated that Russia as the aggressor country keeps on maintain a significant impact right on the Ukrainian economy and lives the citizens by trusting their companies and banks right in the country...

Read the full article here: https://www.xmlgold.eu/en/news/article/434
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Why do customers trust XMLGold?



As a customer, how would you trust a company that involves money? That would be a tough question to answer. However, we will be focusing on one of the oldest yet most trusted e-currency exchange websites out there: XMLGold.eu. Some individuals are skeptical and keep asking questions like “is XMLGold.eu scam/fraud?” or “is XMLGold.eu trusted or just a bunch of scammers/rippers?”. We are about to find out...

XMLGold continuously adapted to the changes around the electronic currency world. The company managed to build good reputations as a result of their outstanding service from their reliable security measurements up to their 24 hours a day, 7 days a week customer support.
XMLGold provides instant exchange between AdvCash, Bitcoin, Payeer and PerfectMoney and the other e-Currencies and crypto currencies; Bank transfers are also instant if you complete the verification process that they require you to do. That process is a one-time procedure only and you will never be required to do it again unless under several circumstances (please read website’s FAQ).

As time goes by, XMLGold has proven its legitimacy and good business intention to people and companies that regularly uses their service. As a result, they are considered to be a pioneering company in the exchange world. Together with the support of hundreds of thousands of customers, they build their reputation online via top online forums, exchanger monitoring sites and they’ve made their way in Press as well! Let us show you the reasons on why you should trust us.

Security
We all know security is important to each and every website. Not just website but also in every individual or pretty much everything that involves something precious or expensive. That is why all of XMLGold transactions are secured and protected with the protocol of SSL 256-bit encryption. Therefore, it is clean and safe and crystal clear for every single person who is dealing with XMLGold.
XMLGold also offers different login security measurements for your convenience. One of them is the pin card system. This is a login system where you will receive a list of codes directly to your email ID. They are numbered from 1 to 64 and when enabled, you will be asked to enter the unique codes of a certain number upon logging in to the website.

Feedbacks from customers
Some of our forum threads and exchange monitor statistics:

XMLGold Thread: http://mmgp.ru/showthread.php?t=22333
One of the biggest Russian forum about how to make money via internet.
XMLGold’s thread started way back in October 2008.
The thread in present got 212 feedbacks from satisfied customers with almost a hundreds of thousands of thread views.

XMLGOLD Thread: http://www.talkgold.com/forum/r331600-.html
One of the biggest English forum about how to make money online.
XMLGold started their thread from July 2011 and still being updated as of today.
The thread is one of the most responded threads in Talkgold. With over 1600 comments from our satisfied new and returning customers. The thread got over 200,000 views up to date.

XMLGOLD Page: https://www.bestchange.com/xmlgold-exchanger.html
The oldest exchange monitoring website that is still up and running.
XMLGold has been listed here for 5 years.
We are one of the trusted exchangers that still operates and provides customer satisfaction.

XMLGold Page: https://www.okchanger.com/exchangers/xmlgold-eu
Recently opened but the website is being recognized well and growing fast.
XMLGold ranks 2nd at popularity on this website. Don’t just take it from us! Take it from the feedbacks from our satisfied customers.

Page: https://perfectmoney.is/business-partners.html
XMLGold has been accredited by PerfectMoney as one of their exchanger partners.
We have the highest trust score among the websites on that list. With a trust score over 6000!

We’ve also made publications and exposures on Press Release websites and news sites such as ADVFN, wall street online, Reuters, NY Business Journal and a lot more. They talk about us in the niche that we are in and we are happy to hear positive feedbacks from giant Press and News sites. You can read more here and learn how it all started and know how you can put your trust on XMLGold here: http://xmlgold.eu/en/Xmlgold_trust

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In India, Debit Card Users Are In Colossal Risk!



The banks are perceived are the safest at the significant number of people. The common public is wary of the risky investments and tends to gravitate further towards the familiar and what could be more familiar than the neighborhood bank together with a cash machine sticking out of the wall? And the month of October has brought a quite shocking news right for the Indian debit and credit card users as more than the summation of over 3.2 million debit cards are now known to have been compromised. Indeed it said that card compromised has been recorded as the massive breach of the security right in the Indian banking system. The largest Indian bank in which is the Bank of India has been the very worst hit with the summation of more than 600,000 debit cards has been quite affected.

The Indian banking is reeling right from the cyber attack! And it has been reported by the Indian Express newspapers that there are 19 banks have had their complaints right from their customers that their cards were used abroad while they were exactly in India. These cards were mostly used to access funds in the locations in China and the United States of America. The Additional Secretary of Financial Services, Government of India GC Murmu told that the Indian Express have compromised for over 0.5% of total debit cards in the entire country. And a person that is being involved right in the investigation of the debit card scam told right in the Business Standard newspaper that, “One of the processors of the Hitachi Payments’ central switch had been severely attacked and the malware has been deployed onto it switch and was active for the summation of six weeks. The data of all the transactions had passed all the way through the switch and had been possibly compromised. This indeed occurred at the YES Bank, the White Label Operator ATM (WLA) and also to a Korean bank ATM.”

The question that lingers was how the debit cards were being compromised? The National Payments Corporation of India in which is the NPCI had further explained in a press release happened on the 20th of October in this same year, how the scam has unfolded. The banks had made their complaints that their customer’s cards were being fraudulently used in various locations such as China and the United Stated of America and also feared that there had been a compromise of card data. There are three significant payments processors right in India in which was the MasterCard, Visa and also the RuPay starting onto the collaboration on this issue in the September of 2016. The investigations have revealed that the frauds were due to a probable compromise at a payment switch provider’s system.

The further analysis has revealed that the feasible card numbers that may have been compromised. The RuPay cardholders have not complained, but as of now it is not that possible to use a RuPay card outside of India. Also the NPCI states that the fraudulent withdrawals are limited to cards of the 19 banks and also possibly the summation of over 641 customers and the total summation amount being involved in 13 million Rupees.

More: https://xmlgold.eu/en/news/article/444
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A Dream of a Cashless Society in India



How do you take hew right into one of the rapidly growing economies in the world? It is quite easy and yet simple, just remove the 86% of the circulating currency and call it an anti-corruption precaution. As Prime Minister Modi of India and his subordinate, Urjit Patel, the Governor of the Reserve Bank of India, appears to have gone right ahead and just done that. And at this very moment, that you do not have any circulating cash, right then, you have a cashless economy. Then we must all say that “Welcome to the fearless and new face of India.”

The Indians are noticing that without their familiar 500 Rupees and 1000 Rupees of banknotes that made up closely to the 86% of all circulating cash, their life is very thorny. The middle class and the upper class of Indians have now taken right into debit cards and credit cards. The India’s Hindu Business Line Newspaper had reported that there has been a surge in which garners at the 65% right in the transactions of the less than 500 Rupees in which that made all the way through the debit and credit cards and the post has been published on 8th of November, this year of 2016. As it stated that, “The overall usage of the debit cards has gone viral and up in 70% and the credit card was up by 40% in which suggests a marvelous jump right in the first-time users.” The part of this particular surge can be attached together with that fact that the government has waived off the charges that are commonly linked right with these form of cashless transactions.

The post-demonetization muddle has been beneficial to one company in which pertains to the PayTM in which is a wallet operator that is funded by China’s Alibaba Group. And a day after the demonetization was declared, the wallet provider has taken out the full page of advertisements right in the major Indian newspaper in which giving thanks to Prime Minister Modi together with the advertisement’s that featured an enormous image of the bearded Prime Minister. Paradoxically, the PayTM has been caught up right in a controversy as the India is waging a war on the Chinese goods. The Diwali Festival in which was celebrated all over and across India had made Indians shunning goods and the made in China as the India’s northern neighbor keeping on to the side of Pakistan right over the variety of issues in which includes the Himalayan clash in Jammu and Kashmir.

The first post has recently sheltered on how the Alibaba Group and its affiliate Ant Financial have backed up the PayTM with funding to the tune of $680 million. The very same story had the PayTM’s Founder and Chief Executive Vijay Shekhar Sharma defended his enterprise in stating that, “We are as Indian as Maruti is… We are the India story in every single sense and whatsoever.” Vijay Shekhar Sharma was referring right into the Maruti-Suzuki which is the manufacturer of the India’s iconic Maruti cars that are omnipresent right on the nation’s roadways.

More: https://xmlgold.eu/en/news/article/448
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It Is All About The BTC-E Code



BTC-E Code has started in a Big Four Bitcoin exchange in the whole wide world with the market for trading right between the Bitcoins and the other currencies in which includes the US Dollar, the Russian Ruble, and the other cryptocurrencies.

The site was first released for a test mode on the 17th of July year 2011 and the live trading had begun on the 7th of August with the same year. Right in its next year, in which occurred on the 31st of July, the service has reported an incident of a security in which has stopped the progress of the trading and brings the financial lost right into the exchange. Right, there the exchange covered the losses right from the reserves and the trading and resumed within after hours. A few days later, on the 2nd of August, the service has added an API right for the trading but remains an API right for the Bitcoin withdrawals in which was something that is offered by the every single major exchange at that time. In almost three weeks later, in which has occurred on the 20th of August, the service has added the BTC/RUR and also the USD/ RUR trading markets. Several days later, on the 3rd of September, the service has added various RUR deposit and withdrawal methods just similarly with the USD deposit and withdrawal methods. Truly the BTC-E lives and breathes together with the progress.

From there, BTC-E Code was born and was released right in the digital currency universe. BTC-E Code is a financial mechanism whose worth is achievable by the means of redeeming its code. Redeemable codes are in general considered as the bearer tools such that whichever the party is the first to redeem the code will be able to become the very owner of the funds that the BTC-E Code are entitled to. Several Bitcoin exchanges are offering the redeemable codes as a means that focused on allocating the funds to be transferred right from the first user into another. And these particular codes perhaps are denominated in Bitcoins or they may possibly be denominated right in a government currency such as the US Dollars.
The phrase redeemable code was very first brought on the table right into the Bitcoin community by the Mt.Gox but the very concept had been in use previously right under a variety of terms. The [censored], for example, refers right into the code bury underneath a scratch-off protective layer as the [censored] Number. The other term that may refer right into the very same concept are the recharge codes, the scratch codes and also the single-use vouchers or etc.

The one who is selling the redeemable code will be able to have the terms of how the code is used. And the funds being redeemed in using the [censored] just for an example maybe not be accessible immediately or are the subject right into being clawed back if the seller felt that the party that redeemed the particular code had violated their terms of usage. And asking for a copy of the receipt at the moment of BTC-E Code may be able to help secure you right from the very risks. The code only has worth if the seller will grant the funds right into the party that redeems it. And the code can be measured to be a digital currency as it is issued by the seller and also can be able to use right into the transfer value electronically.

And now XMLGold proudly offers you the service of the BTC-E Code EUR and the BTC-E Code USD. Just simply visit the website of https://www.xmlgold.eu/ and you can purchase, exchange and sell the BTC-E Code together with the other digital currencies at any place and any time of the day. Even if it is holidays, there will be no day-offs. Plus the customer care service of the XMLGold is happy to serve you 24 hours a day and 7 days a week. So what are you waiting for? Go now, visit, purchase, exchange or even sell the BTC-E Code EUR and BTC-E Code USD with the assistance of XMLGold where digital currencies are always available and on the go! With just one click, one tap, there you can have it as fast as one wink of an eye…

More: https://xmlgold.eu/en/news/article/458
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SWIFT-Like Blockchain-Powered Money Transfer Network



At this very moment, Stellar is introducing one of the very first Blockchain applications in which may be able to uphold a latent to influence right into a massive quantity of people were living outside the digital currency universe and all the way through its global money transfer network together with a target goal of the various world’s biggest remittance markets.

And as it has been pictured by CTO Jed McCaled as an open-source SWIFT alike network in which allocates the associated organizations to be able to transact with one and another; therefore assisting to lessen the friction that contributes right into the higher cost of fees. Plus the platform also unites with the various financial systems together with one technical integration. He also emphasizes that given the diverse environment of the global financial services these days with this interoperability can effusive significantly lower the global remittance cost of fees by making transactions that cross the national boundaries, the currencies, and the financial institutions are further competent. The transactions that are mold and processed right in the Stellar network can only take within just 3-5 to be entirely accomplished and also are extremely in a low cost of fees and in spite of the size of the payment amount, the qualities that make the platform exceptionally appropriate right for the international remittances.

The Stellar has amalgamated the four key institutions to be capable of making the low cost of fees of the global money transfers into India, the Philippines and also Europe as well as the cross-border M-Pesa payments right into and from Kenya, Ghana and also Nigeria. These particular new joint ventures are predominantly evocative right into the company due to the fact that it is one of the very first applications to ever use the Blockchain technology right into the positive impact a massive quantity of populace who are not already well-established right in the digital currency universe.

The Coins.ph also allows the individuals to be able to send remittances right into every single person in the Philippines in utilizing the Stellar wallet or from any single institution that is associated with its network. In supplementary with these facts, the ICICI Bank in which is the India’s biggest private sector bank will provide for the Indian market and also the Tempo Money Transfer will give their service right into the summation of 35 countries all across the world. The Flutterwave will also utilize the network to be able to sustain the cross-border payments for the M-Pesa in which is a mobile platform for the money transfer and the financial services used by about the summation of over 21 million subscribers in Kenya. These particular new services will be able to expand the users’ capability to send the payments despite the consequences of whether they are bases right in Kenya, Ghana or even Nigeria.

As based on the World Bank, the global remittances into rising countries has amounted right into the summation of over $431.6 billion in the year of 2015, and the Stellar together with their newest remittance service that is aiming right for the new and fresh markets. This particularly includes the three of the top five remittance receiving countries in which pertains with the India, the Philippines, and Nigeria together with a joint market value of more than the summation of $118 billion.

The Stellar in which is a non-for-profit network and truly operates right on the belief that the world’s financial infrastructure is much imperative that it must function further similarly to a public utility such as the internet. And in supplementary with these verities, they also deemed that it must not be owned by one for-profit entity and must be able to showcase the financial services to the entire populace in which also includes the underbanked. CTO Jed McCaled also adds up that the Blockchain-based solution will seek to be able to eradicate the necessity for all of the intermediaries and allocating the entire consumers and the businesses to fully interact together with each and everyone directly as they are actually doing it by the means of emailing them. As he quoted that one of the essential applications is entirely highlighted regarding the Blockchain technology and its latent to be able to cater the financial services right into the underbanked. On the other hand, he also underscores that up until this very moment, the benefits of the Blockchain have largely served the technologists and also the Bitcoin community. And together with this certain project, the Stellar.org targets to take a collective step ahead in gratifying the pledge of utilizing the Blockchain technology towards the financial inclusion right for the summation of over the 2.5 billion of the underbanked populace all across and around the world.

Read more: https://xmlgold.eu/en/news/article/459
www.xmlgold.eu


 

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