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

Re: monetas overview

From: Melvin Carvalho <melvincarvalho@gmail.com>
Date: Wed, 15 May 2013 20:38:52 +0200
Message-ID: <CAKaEYhKS6vu0u+oztUO_Z0CwPQkb8Sxa3yPz60ngCoLzPG-oaA@mail.gmail.com>
To: Web Payments <public-webpayments@w3.org>
Monetas is building a powerful, open, standards-based platform that will
enable digital finance entrepreneurs to build amazing new products and
services. By introducing breakthrough technological innovations and
dramatically lowering the cost of doing business, whole new classes of
businesses become viable…

   - *Global remittances* at a fraction of what they cost today
   - *Community currencies* on a fully-featured, reliable, secure, open
   - *Virtual currencies* for online games with advanced features available
   nowhere else
   - *Digital currencies* immune to political interference, inflation, and
   - *Crowd-funding platforms* that are truly borderless and globally
   - *Digital escrow services* that are highly secure and require no
   - *Electronic contracting services* with automated algorithmic contract
   - *Electronic voting systems* that offer provable security and privacy
   - *Micro-payments* to solve resource allocation and tragedy of the
   commons problems for digital infrastructure services such as mesh networks
   and decentralized storage
   - *Social networks* that are decentralized and peer-to-peer, where you
   retain full and exclusive control over your information
   - *Prediction markets* that surface information more efficiently and
   accurately than opinion polls or any other method
   - *Financial markets* that are jurisdictionless, globally accessible,
   and highly liquid
   - and many, many more.

[[ All built on top of opentransactions (fellowtraveller) ]]

On 15 May 2013 20:11, Melvin Carvalho <melvincarvalho@gmail.com> wrote:

>  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 18:39:24 UTC

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