Click here to close now.




















Welcome!

News Feed Item

Gold Crypto Company Icon Capital Lists on GXG First Quote

LONDON, August 7, 2014 /PRNewswire/ --


ICON Capital Reserve SA ("ICON") the Panama based financial services company behind AUREALS™, a crypto-currency fungible with physical gold, is pleased to announce that its common shares have been admitted to trade on First Quote of GXG Markets in Europe (http://www.gxgmarkets.co.uk).

ICON CEO J. Bradley Hall commented, "Voltaire was famously quoted as saying 'Paper money eventually returns to its intrinsic value - zero' and the fiat currencies of the world seem to be in a race to see who will be next. Of the 775 fiat currencies launched throughout history, 559 have disappeared completely, so the continued debasement of the $USD, appears to be assured and we have launched ICON to participate in shaping what may come next. Listing our shares on GXG Markets is an important step in our corporate development."

ICON COO John Gainor observed, "I think we can agree that the 20th century was an industrial revolution where resources were centralized and automation was used to extract efficiencies. Our current, closed financial system reflects this approach where trust is achieved through access control, encryption, firewalls, strong authentication, and careful vetting (KYC) all aimed at excluding bad actors. This centralized financial system is being disrupted through innovation and internal decay."

Mr. Hall added, "The full faith and credit of fiat currency issuers is being eroded. 'The Emperor Has No Clothes' is a growing sentiment but another explanation may have to do with applied mathematics and the 21st century's technology revolution, which now includes a shift to a peer to peer computing architecture."

ICON's Hall also observed, "In the 21st century, decentralized financial model, auditors and enforcers are replaced by 'consensus trust', which involves increasingly difficult computational calculations that are solved by harnessing the computing power of millions of peers on the network. Applied mathematics alone may one day create the trust required for peer to peer transactions of any asset but today AUREALS™ denominated in gold, marry the promise of math based trust to a 6000 year old store of value that in 1912 JP Morgan famously observed 'Money is GOLD - Nothing else'."

Common code: 109034886

ISIN: PAL3006571A1

CBL long name: SHS ICON CAPITAL RESERVE ORD REG    

About ICON CAPITAL RESERVE SA:

ICON is a 'buy and build' licensed financial services firm based in Panama. The Company is led by a management team with international finance, digital cryptography, risk management, governance and gold trading experience.

ICON is launching AUREALS™ a decentralized, digital currency fungible with physical gold. Each AUREAL™ can be redeemed for 1 gram of physical gold, perfecting a secure and discrete digital medium of exchange by attaching a real asset that has been accepted as a trusted store of value for 6000 years.

AUREALS™ represent an historic break-though in applied mathematics and cryptography. They are sophisticated, proprietary DIGITAL BEARER BONDS™ built on the distributed application layer of the open source, ledger book protocols called the block chain that have been battle tested for almost 5 years and are now globally accepted as the secure and discrete foundation for decentralized currencies.

For more information:
J. Bradley Hall
Chairman and CEO
Email:    [email protected]
Web:      http://www.iconcapitalsa.com

Axiom Capital Limited - Corporate Adviser
David Sinclair FCA, CF
Phone:   +44-020-3114-2128
Email:   [email protected]     
Stock market symbol: ICON 3G

SOURCE Icon Capital Reserve SA

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
DevOps Summit, taking place Nov 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 17th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long development...
Akana has announced the availability of the new Akana Healthcare Solution. The API-driven solution helps healthcare organizations accelerate their transition to being secure, digitally interoperable businesses. It leverages the Health Level Seven International Fast Healthcare Interoperability Resources (HL7 FHIR) standard to enable broader business use of medical data. Akana developed the Healthcare Solution in response to healthcare businesses that want to increase electronic, multi-device acce...
Mobile, social, Big Data, and cloud have fundamentally changed the way we live. “Anytime, anywhere” access to data and information is no longer a luxury; it’s a requirement, in both our personal and professional lives. For IT organizations, this means pressure has never been greater to deliver meaningful services to the business and customers.
In 2014, the market witnessed a massive migration to the cloud as enterprises finally overcame their fears of the cloud’s viability, security, etc. Over the past 18 months, AWS, Google and Microsoft have waged an ongoing battle through a wave of price cuts and new features. For IT executives, sorting through all the noise to make the best cloud investment decisions has become daunting. Enterprises can and are moving away from a "one size fits all" cloud approach. The new competitive field has ...
Advances in technology and ubiquitous connectivity have made the utilization of a dispersed workforce more common. Whether that remote team is located across the street or country, management styles/ approaches will have to be adjusted to accommodate this new dynamic. In his session at 17th Cloud Expo, Sagi Brody, Chief Technology Officer at Webair Internet Development Inc., will focus on the challenges of managing remote teams, providing real-world examples that demonstrate what works and what...
eCube Systems has released NXTmonitor, a full featured application orchestration solution. NXTmonitor, which inherited the code base of NXTminder, has been extended to support multi-discipline processes and will act as a DevOps utility in a heterogeneous enterprise environment. Previously, NXTminder was packaged with NXTera middleware to configure and manage Entera and NXTera RPC servers. “Since we are widening the focus of this solution to DevOps, we felt the need to change the name to NXTmon...
SYS-CON Events announced today that the "Second Containers & Microservices Expo" will take place November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Containers and microservices have become topics of intense interest throughout the cloud developer and enterprise IT communities.
The 17th International Cloud Expo has announced that its Call for Papers is open. 17th International Cloud Expo, to be held November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, APM, APIs, Microservices, Security, Big Data, Internet of Things, DevOps and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding bu...
SYS-CON Events announced today that IceWarp will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. IceWarp, the leader of cloud and on-premise messaging, delivers secured email, chat, documents, conferencing and collaboration to today's mobile workforce, all in one unified interface
The web app is agile. The REST API is agile. The testing and planning are agile. But alas, data infrastructures certainly are not. Once an application matures, changing the shape or indexing scheme of data often forces at best a top down planning exercise and at worst includes schema changes that force downtime. The time has come for a new approach that fundamentally advances the agility of distributed data infrastructures. Come learn about a new solution to the problems faced by software organ...
SYS-CON Events announced today that Micron Technology, Inc., a global leader in advanced semiconductor systems, will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Micron’s broad portfolio of high-performance memory technologies – including DRAM, NAND and NOR Flash – is the basis for solid state drives, modules, multichip packages and other system solutions. Backed by more than 35 years of tech...
Skeuomorphism usually means retaining existing design cues in something new that doesn’t actually need them. However, the concept of skeuomorphism can be thought of as relating more broadly to applying existing patterns to new technologies that, in fact, cry out for new approaches. In his session at DevOps Summit, Gordon Haff, Senior Cloud Strategy Marketing and Evangelism Manager at Red Hat, discussed why containers should be paired with new architectural practices such as microservices rathe...
SYS-CON Events announced today the Containers & Microservices Bootcamp, being held November 3-4, 2015, in conjunction with 17th Cloud Expo, @ThingsExpo, and @DevOpsSummit at the Santa Clara Convention Center in Santa Clara, CA. This is your chance to get started with the latest technology in the industry. Combined with real-world scenarios and use cases, the Containers and Microservices Bootcamp, led by Janakiram MSV, a Microsoft Regional Director, will include presentations as well as hands-on...
SYS-CON Events announced today that Pythian, a global IT services company specializing in helping companies leverage disruptive technologies to optimize revenue-generating systems, has been named “Bronze Sponsor” of SYS-CON's 17th Cloud Expo, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Founded in 1997, Pythian is a global IT services company that helps companies compete by adopting disruptive technologies such as cloud, Big Data, advance...
In his session at @ThingsExpo, Lee Williams, a producer of the first smartphones and tablets, will talk about how he is now applying his experience in mobile technology to the design and development of the next generation of Environmental and Sustainability Services at ETwater. He will explain how M2M controllers work through wirelessly connected remote controls; and specifically delve into a retrofit option that reverse-engineers control codes of existing conventional controller systems so the...