Union Plus Coin English Powerpoint presentation UPC
- 2. Changes of Currency Goat Shell Old Coins Gold & Silver Credit Cards Paper noteCurrent Currency
- 3. Bank ATM Machine Online Banking Mobile Banking WHAT IS NEXT? ??
- 4. Development of Ages and Cultures = Changes in currency 1st generation Silver currency, Bronze currency in Lydia 3000 years ago 2nd generation Bank and paper money in Italy in the 18th Century Checks, Notes, Gift cards 3rd generation Digital currency Credit card Telebanking Internet banking Electronic currency Electronic check Electronic notes
- 5. What is the New-Known Trend?
- 6. Volume of global cash flow in 2006 = $45 billion (Now expected to be over $60 billion) Paper currency and coins currently existing = $5 billion Only 10% is being used globally Where is the money for about ($40 billion ~ $45 billion)? 90% of money already exists only as number on the computer!! Whole world is already using Digital Currency.
- 7. T h i s a g e r e q u i r e s a new currency system. A company which made KRW 5 billion by exporting to China last year has made payments through the medium of the USD. When it received payment in Yuan, it had to be changed to USD and then to KRW, so fee was paid twice.
- 8. Banks are making enormous profit through such a system. The world is getting smaller with the development of internet and transportation, but the outmoded financial system grants banks enormous fee profit and customers still bear enormous financial expenses for the fees. Daily FX foreign exchange currency transaction volume in the world $45-billion/Day <Foreign currency exchange system at banks> This age requires a new currency system Domestic bank Transfer fee Overseas intermediary bank fee Overseas bank feeWire fee
- 11. Thomas Frey: Futurist Cryptocurrencies are an organic technology. Much like planting a thousand new seeds into the ground, a significant percentage of these fledgling new currencies will begin getting traction. With Bitcoin being the flag bearer for this emerging industry, it will bear the brunt of most of the attempts to control it. The same cryptography that makes cryptocurrencies secure, is what makes it anonymous. Even though many think that “fiat” money, based on trust, has no inherent value, the same cryptography that makes every transaction safe, gives it its inherent value. In a digital age where cash is the only remaining form of anonymous currency, and even cash is being heavily monitored, cryptocurrencies have become a solution to “intrusive big government” issues. Even though many Bitcoin transactions are for nefarious purposes, the advantages still outweigh the disadvantages. Cryptocurrencies are on the verge of reinventing our global monetary systems in ways we can’t yet imagine. And the Central Bank of Bitcoin will be one of the key players making that happen.
- 13. The Recent Global Financial Community's Most Popular Topic No.1 widely applied Electronic Money in International Base The initial starting price in Year 2010 less than USD $0.01 In December 2013 valued over $1,200 USD BITCOIN FACTS
- 14. PRICE CHART OF BITCOIN * DEC 2013: 1 BITCOIN VALUED AT $1,203* USD
- 16. The meteoric rise in bitcoin has meant that within the space of four years, one Norwegian man’s $27 investment turned into a forgotten $886,000 windfall. Kristoffer Koch invested 150 kroner ($26.60) in 5,000 bitcoins in 2009, after discovering them during the course of writing a thesis on encryption. He promptly forgot about them until wid espread media coverage of the anonymous, decentralized, peer-to-peer digital currency in April 2013 jogged his memory. Bitcoins are stored in encrypted wallets secured with a private key, something Koch had forgo tten. After eventually working out what the password could be, Koch got a pleasant surprise: "It said I had 5,000 bitcoins in there. Measuring that in today's rates it's about NOK5m ($886, 000)," Koch told NRK.
- 17. BREAKING NEWS!!! California legalize digital currency June 30, 2014 “This bill makes clarifying changes to current law to ensure that various forms of alternative currency, such as digital currency, points, coupons, or other objects of monetary value do not violate the law when those methods are used for the purchase of goods and services or the transmission of payments,” • Amazon • Dell • Expedia • NewEgg • Overstock • 1-800-Flowers • Cars.com • Zynga Gaming
- 18. What is Union-Plus Coin? Union-Plus Coin is the Digital Currency with encrypted, network based digital currency such as Bitcoin or Litecoin.
- 19. 1. Algorithm – anybody can mine 1. Algorithm – anybody can mine 2. 14 million out of 21-million 2. 700-million out of 999-million 3. Mining period: 100 years 3. Mining period: 10 years 4. Block chains 4. Block chains. 5. $280 per coin 5. Investment timing: $0.48/Coin 6. 4~5 years. No exclusive shopping mall. 6. Exclusive shopping mall www.allcoinmall.co.kr Union-Plus CoinBitcoin
- 20. Total balance About 999 millions Block reward 1190 blocks Block target 2 Min. 30 Secs Difficulty retarget 8100 blocks(About 13 days) Genesis block open April 14th, 2014 Mining method SHA256 Union-Plus Coin Specification
- 21. Features: 1. The value of the coin is changing every time. 2. Everyone can apply this technology. 3. Obtain the coins from mining or buy / sell from exchanges. 4. A fee only occurs in sending coins with 0.002. 5. It is an open source and free to use.
- 22. UPC Vision Provide purchasing system in whole country with Online / Offline, and stabilize it. And held a lot of events to promote that everyone in the world to face our power of the digital currency. Internationalization The Union-Plus will support a variety of the languages for foreign countries so this infrastructure can be used. Our goal is to show our power of digital currency to gain the same reputation of the Bitcoin.
- 23. UPC Global Debit Card
- 24. UPC Global Debit Card * Fill out and email to upcacct2015@gmail.com
- 25. UPC ATM
- 30. Blockchain-info
- 31. Union-Plus Coin Price Chart (11/25/2014 ~ 07/312015) Increased by 544%
- 32. UPC Sites: Marketing Site: www.u-innov.com Individual Wallet: www.up-coin.com Online Shopping Mall: www.allcoinmall.co.kr UPC Business Search: www.godo.asia