News Column

Icon Capital Lists on GXG First Quote

August 3, 2014



----------------For Immediate Release---------------- GOLD CRYPTO COMPANY ICON CAPITAL LISTS ON GXG FIRST QUOTE LONDON, AUGUST 04, 2014ICON 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 the First Quote of GXG Markets in London (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 raceto see who will be next. Of the 775 fiat currencies launchedthroughout history, 559 have disappeared completely, so the continued debasementof the $USD,appears to be assured and we have launched ICON to participate in shaping what may comenext.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 that last century was an industrial revolution where resources were centralizedand automation was used to extract efficiencies. Our current, closed financial systemreflects 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 disruptedthrough innovation and internal decay." Mr. Hall added "The full faith and credit of fiat currency issuersis being eroded. `The Emperor Has No Clothes' is a growing sentiment but another explanation may have to do with applied mathematics and this century'stechnology revolution,which now includes a shift to a`peer to peer' architecture." ICON's Hall also observed,"In thenew,decentralized financial model, auditors and enforcers are replaced by `consensus trust',which involvesincreasingly difficult computational calculations that are solved by harnessing the computing power ofmillionsof peers on the network. Applied mathematics alone may one day create the trust required for peertopeertransactionsofany assetbuttodayAUREALS™ denominated in gold,marrythe promise of mathbased trust to a 6000 year old store of valuethat in 1912 JP Morgan famouslyobserved is` Money is GOLD - Nothing else'." For more information: J. Bradley Hall Chairman and CEO Email: brad@iconcapitalsa.com Web: www.iconcapitalsa.comAxiom Capital Limited - Corporate Adviser David Sinclair FCA, CF Phone: +44 020 3114 2128 Email: david.sinclair@axiomcapital.co.uk Stock market symbol: ICON 3G Common code: 109034886 ISIN: PAL3006571A1 CBL long name: SHS ICON CAPITAL RESERVE ORD REG About ICON CAPITAL RESERVE SA: ICONis 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. -End- END The content and accuracy of news releases published on this site and/or distributed by PR Newswire or its partners are the sole responsibility of the originating company or organisation. Whilst every effort is made to ensure the accuracy of our services, such releases are not actively monitored or reviewed by PR Newswire or its partners and under no circumstances shall PR Newswire or its partners be liable for any loss or damage resulting from the use of such information. All information should be checked prior to publication.




For more stories on investments and markets, please see HispanicBusiness' Finance Channel



Source: PR Newswire TOD Wire


Story Tools






HispanicBusiness.com Facebook Linkedin Twitter RSS Feed Email Alerts & Newsletters