English | 简体中文 | 繁體中文 | 한국어 | 日本語
Monday, 27 April 2020, 06:00 HKT/SGT

Source: Bankcoin Reserve
Bankcoin Reserve (BCR) Fintech Platform Partners with HomiEx

SINGAPORE, Apr 27, 2020 - (ACN Newswire) - Bankcoin Reserve (BCR), an independent liquidity platform, now works with Homiex to provide a unique hedge against volatility. BCR offers a transparent price mechanism from an external valuation source: USD Gold. The mainnet blockchain platform hedges against market manipulation by pegging the ceiling price of USD Gold each month. Furthermore, the BCR protocol is well established and operates as a consensus of sound money principles.

Bankcoin Reserve is on a mission to change the perception surrounding cryptocurrencies and is reimagining money as a financial instrument. This is accomplished by developing a monetary system that is inclusive, rewards the user, encourages the movement of capital while also acting as a stable anchor thereby fostering economic activity and growth.

BCR also provides its user with lucrative incentives as well as a prospective store of value, that helps attract capital into the BCR ecosystem. This is achieved by tethering the value of one BCR coin to the prevailing price of one troy ounce of gold. Here, the ceiling market price of one troy ounce of gold in the previous month becomes the floor price of Bankcoin Reserve for the following month until a new ceiling price is achieved.

Bankcoin Reserve also creates value for the user through its ability to mint up to 10% per annum of the principal amount when held in its proprietary digital wallet. In addition, what also makes Bankcoin Reserve unique is its ability to cater to any and all sectors. Bankcoin Reserve patents (a total of 9) explain BCRs vast capabilities to change and improve the financial system, when dealing with transactions, flow of funds, security holdings, interests and much more. The ethical uses for Bankcoin are endless.

BCR is enjoyed the world over by individuals and businesses alike. BCR wallets have been downloaded in Japan, Canada, France, Germany, Italy, United Kingdom, United States, United Arab Emirates, Israel, Ukraine, Indonesia, Singapore, Hong Kong, China, Philippines, Peru, Colombia, Mexico, Bahamas, Seychelles, New Zealand, Australia, Kenya, Ghana, Thailand, Vietnam, India, Jamaica, Latvia and other countries.

BCR is used to pay for groceries, food, pizza and a myriad of other services from the hair salon or barber to house improvement and plumbing services. Many merchants are offering services in exchange for BCR. Brick-and-mortar businesses accept Bankcoin Reserve (Australia), Bankcoin Global (Mexico) and often [email protected] (Hong Kong), while others in Germany, France, Hong Kong, Macau, Kenya, United Arab Emirates, Mexico, Greece and other countries are now accepting BCR.

Maarten Platenkamp,
General Manager, Bankcoin Reserve.
Tel: +61 459 305 005
Email [email protected]

Topic: Press release summary
Sectors: FX & Digital Currencies
From the Asia Corporate News Network

Copyright © 2020 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.


Latest Press Releases
Privity FZ LLE participates in Verofax pre-seed investment round  
July 5, 2020 18:00 HKT/SGT
Five Advisors With Focus Partner Firm Escala Partners Named to Australia's Top 100 Financial Advisers 2020 List  
July 3, 2020 11:00 HKT/SGT
NEC and JAMSTEC Develop AI-based System for Measuring Microplastics in the Ocean  
July 3, 2020 10:30 HKT/SGT
Gynesys Best Home Security Urges Businesses to Work with African-American Owned Commercial Security Firms in the Aftermath of CPI Security CEO's Remarks; Prepared to Work with Carolina Panthers, Charlotte Hornets to Replace CPI as Major Sponsor  
July 2, 2020 15:00 HKT/SGT
Singapore's Leading B2B Tech Event Stack Rescheduled to 2021  
July 2, 2020 10:52 HKT/SGT
MOG Recorded a YOY Earnings Growth for the year ended 31 March 2020 by leveraging its extensive retail network and strong brand recognition to capture new market opportunities  
July 2, 2020 08:25 HKT/SGT
Hua Medicine Announces Positive 24-Week Topline Results of Phase III Metformin Combination Trial of Dorzagliatin  
July 1, 2020 19:00 HKT/SGT
Black Wealth Matters Welcomes SEC Internal Investigation Into Racist Attack on Solomon Ali; Demands Transparency and Accountability  
July 1, 2020 15:00 HKT/SGT
Fujitsu Revamps Corporate Philosophy 'FUJITSU Way' to Achieve Our Purpose  
July 1, 2020 13:22 HKT/SGT
Remap-Cap to Partner With Eisai on Innovative Trial to Combat COVID  
July 1, 2020 13:02 HKT/SGT
More Press release >>
More events >>
Copyright © 2020 ACN Newswire - Asia Corporate News Network
Home | About us | Services | Partners | Events | Login | Contact us | Cookies Policy | Privacy Policy | Disclaimer | Terms of Use | RSS
US: +1 800 291 0906 | Beijing: +86 400 879 3881 | Hong Kong: +852 8192 4922 | Singapore: +65 6653 1210 | Tokyo: +81 3 6859 8575