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Old Yesterday, 03:42 AM   #1
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Gold on the Blockchain

Iíd like to introduce in the discussion a new way to invest in precious metals.
Kinesis is a new monetary system being developed using the latest blockchain technology to digitize precious metals.
With cryptocurrencies currently overwhelmed by speculation and volatility, being backed 1:1 with gold and silver deposits brings stability to a blockchain based currency.

Kinesis was born out of the Allocated Bullion Exchange.
The ABX is an institutional marketplace with offices in Brisbane, Hong Kong, Bangkok, New York and Limassol, set up in 2011 for the trade of physical precious metals.
Through the ABX, physical precious metals participants are able to trade, deliver or store physical precious metal in 7 global locations around the world, Zurich, London, NY, Singapore, Hong Kong, Dubai and Sydney.
ABX will be responsible for quality, storage and audits of the precious metals represented by the Kinesis currencies.

Iím going to update this thread as news about this project come up.
Comments and discussion are welcome.
Iím neither an ABX nor a Kinesis affiliate, this is not advertising
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Old Yesterday, 09:33 PM   #2
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Allocated Bullion Exchange announces exclusive strategic partnership with Indonesian Government Post Office Ė PT POS Indonesia

Kinesis has already won the backing of the Indonesian Post Office, which has signed up to use it in handling its $12.5 billions of assets.
This was possible because Kinesis, unlike most cryptos, is Sharia compliant, given that it makes its yield from transaction fees not interest.

Kinesis CEO: POS (Post of Indonesia) runs the countryís largest transportation, logistics and non-bank financial services operation through both online channels and over 4,000 physical post offices, and serves hundreds of millions of Indonesians each year.
Bringing innovative gold trading and investment products and cutting-edge technologies in partnership with POS is a very powerful platform and will be able to serve the millions of existing and future POS customers who are un-banked or under-banked
.

Even more important POS and ABX have also agreed to cooperate together to replicate the offering to the ten ASEAN countries through each of the government-owned post office entities.
The 10 ASEAN-countries are Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam.


European Commodity Clearing announces partnership with Allocated Bullion Exchange

ABX has also a partnership with Deutsche Bourse, the biggest exchange in the eurozone.
DB is set to become a liquidity provider to ABX and in my opinion will probably run Kinesis on one of their platforms


Kinesis Money Partners With TicketSocket for Real-World Application of Gold-Based Currencies

Kinesis Money has today announced a partnership with TicketSocket, a powerful and highly customizable white label ticketing, registration and event management platform.
This partnership will see Kinesis currencies integrated as a payment option within the TicketSocket platform.
TicketSocket provides software to pro sports teams, tours and large venues around the world, meaning that individuals will now be able to buy tickets for world-leading events using Kinesis digital currencies.



Kinesis Money and Allocated Bullion Exchange Explore Creating a Joint Commercial Blockchain Venture with Jakarta Futures Exchange in Indonesia

London, 13.11.2018 Ė Today, Jakarta Futures Exchange (JFX), the leading futures and derivatives exchange group in Indonesia, have announced an expanded Memorandum of Understanding (MOU) with Kinesis Money and Allocated Bullion Exchange (ABX). The partnership will seek to develop an Indonesian based and regulated blockchain exchange using Kinesis technology.


Kinesis expands the advisory team in the United Arab Emirates with Tariq Al*Habtoor

Tariq is a significant member of the Al Habtoor Group, one of the regionís most respected conglomerates with interests in the hospitality, automotive, real estate, education and publishing sectors. The Al Habtoor Group has earned itself a solid reputation both locally and internationally.
The Al Habtoor Group is one of the UAEís most respected and successful businesses.

Tariq will be assisting in driving investment from a number of areas as well as facilitating the adoption of Kinesis currencies through a number of businesses and conglomerates within the region. Due to his status and influence, he has also been able to introduce Kinesis to a number of members of the various royal families across the United Arab Emirates as well as the rest of the Middle Eastern region.

Tariq Habtoor comments ó ďKinesis is truly one of the more interesting projects Iíve come across, particularly the way Kinesis is utilising blockchain technology to leverage precious metals as a stablecoin. Iím very excited to participate in building upon their success by increasing exposure and investment from the United Arab Emirates, as well as the rest of the Middle East.Ē
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Old Today, 12:10 AM   #3
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Old Today, 12:45 AM   #4
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I’d like to introduce in the discussion a new way to invest in precious metals.
Kinesis is a new monetary system being developed using the latest blockchain technology to digitize precious metals.
With cryptocurrencies currently overwhelmed by speculation and volatility, being backed 1:1 with gold and silver deposits brings stability to a blockchain based currency.

Kinesis was born out of the Allocated Bullion Exchange.
The ABX is an institutional marketplace with offices in Brisbane, Hong Kong, Bangkok, New York and Limassol, set up in 2011 for the trade of physical precious metals.
Through the ABX, physical precious metals participants are able to trade, deliver or store physical precious metal in 7 global locations around the world, Zurich, London, NY, Singapore, Hong Kong, Dubai and Sydney.
ABX will be responsible for quality, storage and audits of the precious metals represented by the Kinesis currencies.

I’m going to update this thread as news about this project come up.
Comments and discussion are welcome.
I’m neither an ABX nor a Kinesis affiliate, this is not advertising
Dear Peter36,
FCS message below specifically for you...


Last edited by ForexChartingSexpert_351; Today at 01:12 AM..
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Old Today, 02:27 PM   #5
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Why kinesis and not DIGIXDAO?
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