I am still trying to understand the WebFunds wallet and the Systemics Trader software. I earlier posted about the need for a Nasdaq like exchange where e-gold can be traded against dollars. Now, that there is a dollar type contract available for the Webfunds wallet, can't the systemics trader be easily set up to trade Hansa dollars against digigold? Wouldn't that be a quick and easy solution to the need for an e-gold / dollar trading exchange??? ~ Vincent > Subject: digitaldollar from Hansa Bank > From: Bob <[EMAIL PROTECTED]> > Date: Mon, 19 Mar 2001 17:52:21 -0500 > X-Message-Number: 9 > > Edinburgh (UK), Anguilla (British West Indies), 15th March 2001: > > RECENT INTERTRADER AND SYSTEMICS > ALLIANCE BRINGS FORTH DIGITAL DOLLAR > FROM HANSA BANK > > Rachel Willmer, CEO of Intertrader Ltd (Edinburgh, UK), today became > the first purchaser of the new digital dollar issued by Hansa Bank > (Anguilla, British West Indies). > > This event marks the launch of the first online dollar to be based on > Systemics' Ricardo system, which is soon to be launched as a fully > supported payment method within the Intertrader CashBox payment > management system. > > Hansa Bank is the only offshore bank in Anguilla, a noted centre > for financial cryptography. Hansa has been a consistent supporter > of the conferences of the same name, held annually in the Caribbean. > > The Hansa Bank dollar is backed 100% by dollars held in a reserve > account at Hansa Bank, constructed in this way to eliminate financial > and credit risks. For every digital dollar issued, the Ricardian > contract requires the reserves to match that with a dollar on account > at the bank. "This adds no risk to the bank's operations," said > Lynwood Bell, Chairman of Hansa Bank and Hansa.net Global Commerce, > Inc. "Holding reserves that are one to one with the issued instrument > does more to reduce systemic risk in financial systems than any other > innovation." > > Lynwood Bell went on to say: "This represents an important step forward > in > the field of online payments. Hansa Bank and Hansa.net Global Commerce, > Inc. > are dedicated to incubating and accelerating technology in new > microfinance > and digital trading fields. Having digital dollars will add an important > trading facility in many B2B applications." > > Rachel Willmer, CEO of Intertrader (Edinburgh, UK), said "I am > delighted that the 'Hansa Bank dollar' is now a reality. The CashBox > suite of supported payment instruments will soon be enlarged to offer > the dollar and other Ricardian contracts, alongside Mondex and e-gold, > to enable easy usage of digital dollars in the online retail sector." > > Ian Grigg, CEO of Systemics, added: "Anguilla is a 'technology campus' > for innovations like ours. We needed to meld our governance model > into that of a forward thinking bank. We could only have done that > with an institution like Hansa who already model themselves on the > evolving Internet economy." > > The three companies involved all recognise that building the new > economy is about partnering. "It's a mistake to think you can build a > financial system with just one company, or even an alliance of similar > companies. Before we can build in the reliability needed to eliminate > risk, we must have an interlocking network of diverse institutions, > working together in separate roles, but all separately owned and > governed" said Ian Grigg. > > For more information, please contact : > > Lynwood S. Bell > Hansa Bank and Hansa Global Commerce Inc > Email: [EMAIL PROTECTED] > Tel: +1 (264) 497-3800 > Fax: +1 (264) 497-3801 > > Ian Grigg > Systemics Inc > Email: [EMAIL PROTECTED] > > Rachel Willmer > Intertrader Ltd > 5 John's Place > Edinburgh EH6 7EW > U.K. > Tel: +44 (0) 131 553 0380 > Fax: +44 (0) 131 553 0381 > Email: [EMAIL PROTECTED] > Web: http://www.intertrader.com > > -- > http://www.constructiongigs.com/ > > Use gold as money. It's easy. Create a free e-gold account here: > http://www.e-gold.com/e-gold.asp?cid=101670 > > ConstructionGigs.com's PGP public key is here: > http://www.constructiongigs.com/assets/DH-DSSkey.txt > Fingerprint: > 3C4D A63F 3C8B 2D7B 7E1A FFE8 9A2E 4D78 CAD6 66B7 --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
