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
Regardless of what business you’re in, it’s increasingly a software-driven business. Consumers’ rising expectations for connected digital and physical experiences are driving what some are calling the "Customer Experience Challenge.” In his session at @DevOpsSummit at 20th Cloud Expo, Marco Morales, Director of Global Solutions at CollabNet, will discuss how organizations are increasingly adopting a discipline of Value Stream Mapping to ensure that the software they are producing is poised to o...
SYS-CON Events announced today that delaPlex will exhibit at SYS-CON's @CloudExpo, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. delaPlex pioneered Software Development as a Service (SDaaS), which provides scalable resources to build, test, and deploy software. It’s a fast and more reliable way to develop a new product or expand your in-house team.
For financial firms, the cloud is going to increasingly become a crucial part of dealing with customers over the next five years and beyond, particularly with the growing use and acceptance of virtual currencies. There are new data storage paradigms on the horizon that will deliver secure solutions for storing and moving sensitive financial data around the world without touching terrestrial networks. In his session at 20th Cloud Expo, Cliff Beek, President of Cloud Constellation Corporation, w...
With major technology companies and startups seriously embracing Cloud strategies, now is the perfect time to attend @CloudExpo | @ThingsExpo, June 6-8, 2017, at the Javits Center in New York City, NY and October 31 - November 2, 2017, Santa Clara Convention Center, CA. Learn what is going on, contribute to the discussions, and ensure that your enterprise is on the right path to Digital Transformation.
SYS-CON Events announced today that EARP Integration will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. EARP Integration is a passionate software house. Since its inception in 2009 the company successfully delivers smart solutions for cities and factories that start their digital transformation. EARP provides bespoke solutions like, for example, advanced enterprise portals, business intelligence systems an...
IBM helps FinTechs and financial services companies build and monetize cognitive-enabled financial services apps quickly and at scale. Hosted on IBM Bluemix, IBM’s platform builds in customer insights, regulatory compliance analytics and security to help reduce development time and testing. In his session at 20th Cloud Expo, Tom Eck, Industry Platforms CTO at IBM Cloud, will discuss how these tools simplify the time-consuming tasks of selection, mapping and data integration, allowing developers ...
SYS-CON Events announced today that Progress, a global leader in application development, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Enterprises today are rapidly adopting the cloud, while continuing to retain business-critical/sensitive data inside the firewall. This is creating two separate data silos – one inside the firewall and the other outside the firewall. Cloud ISVs oft...
SYS-CON Events announced today that Outscale, a global pure play Infrastructure as a Service provider and strategic partner of Dassault Systèmes, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Founded in 2010, Outscale simplifies infrastructure complexities and boosts the business agility of its customers. Outscale delivers a secure, reliable and industrial strength solution for its customers, which in...
Interested in leveling up on your Cloud Foundry skills? Join IBM for Cloud Foundry Days on June 7 at Cloud Expo New York at the Javits Center in New York City. Cloud Foundry Days is a free half day educational conference and networking event. Come find out why Cloud Foundry is the industry's fastest-growing and most adopted cloud application platform.
In order to meet the rapidly changing demands of today’s customers, companies are continually forced to redefine their business strategies in order to meet these needs, stay relevant and continue to see profitable growth. IoT deployment and development is integral in this transformation, and today businesses are increasingly seeing the value of investing their resources into IoT deployments. These technologies are able increase ROI through projects such as connecting supply chains or enabling sm...
Most DevOps journeys involve several phases of maturity. Research shows that the inflection point where organizations begin to see maximum value is when they implement tight integration deploying their code to their infrastructure. Success at this level is the last barrier to at-will deployment. Storage, for instance, is more capable than where we read and write data. In his session at @DevOpsSummit at 20th Cloud Expo, Josh Atwell, a Developer Advocate for NetApp, will discuss the role and value...
SYS-CON Events announced today that Cloud Academy will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Cloud Academy is the industry’s most innovative, vendor-neutral cloud technology training platform. Cloud Academy provides continuous learning solutions for individuals and enterprise teams for Amazon Web Services, Microsoft Azure, Google Cloud Platform, and the most popular cloud computing technologies. Ge...
When NSA's digital armory was leaked, it was only a matter of time before the code was morphed into a ransom seeking worm. This talk, designed for C-level attendees, demonstrates a Live Hack of a virtual environment to show the ease in which any average user can leverage these tools and infiltrate their network environment. This session will include an overview of the Shadbrokers NSA leak situation.
As cloud adoption continues to transform business, today's global enterprises are challenged with managing a growing amount of information living outside of the data center. The rapid adoption of IoT and increasingly mobile workforce are exacerbating the problem. Ensuring secure data sharing and efficient backup poses capacity and bandwidth considerations as well as policy and regulatory compliance issues.
SYS-CON Events announced today that delaPlex will exhibit at SYS-CON's @ThingsExpo, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. delaPlex pioneered Software Development as a Service (SDaaS), which provides scalable resources to build, test, and deploy software. It’s a fast and more reliable way to develop a new product or expand your in-house team.