W3C home > Mailing lists > Public > public-webpayments@w3.org > May 2013

monetas overview

From: Melvin Carvalho <melvincarvalho@gmail.com>
Date: Wed, 15 May 2013 20:11:20 +0200
Message-ID: <CAKaEYhLudJDAnFJo6QV24QYZ1U0tSL8gsq9nR7xizV=bnG9JZg@mail.gmail.com>
To: Web Payments <public-webpayments@w3.org>
 Products Overview

 We’re building a digital finance platform that greatly advances the state
of the art, enabling a new generation of amazing finance applications for
consumers and businesses.

The first two products we’re developing are:

   - A consumer mobile phone app that enables everyone, including the
   world’s 2.5 billion “unbanked”, to buy and sell and participate in the
   world economy—no bank account required.
   - A turnkey enterprise platform that enables anyone, anywhere to set up
   a business from scratch, complete with legal entity, payment system, and
   website, within minutes and at negligible cost—no merchant account required.

*All that’s required is a mobile phone.* Everyone in the world now has
access to a mobile phone. Mobile payments are projected to reach one
trillion US dollars by 2015. Global payments already exceed 10 quadrillion
US dollars.

Our products will enable people to do business easier, faster, cheaper,
safer, and with greater freedom than ever before.
 Key Features

   - *Open-source* › trust, but verify
   - *Decentralized* › not controlled by any person or entity
   - *Peer-to-peer* › no intermediaries—your hands, your eyes only
   - *Global* › trade worldwide using jurisdictionless digital currencies
   such as Bitcoin
   - *Fast* › instant settlement—less than a second
   - *Reliable* › no settlement risk, non-repudiable
   - *Secure* › theft-proof wallet, unforgeable transactions, secure
   architecture
   - *Private* › privacy architecture, KYC compliance functionality
   - *Sophisticated* › supports all types of assets, financial instruments,
   and markets
   - *Automated* › algorithmic execution of payments and contracts
   - *Scalable* › millions of simultaneous users
   - *Platform* › integrated digital finance and digital law infrastructure
   and ecosystem

 http://monetas.net/products
Received on Wednesday, 15 May 2013 18:11:52 UTC

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