World’s First Digital Currency Created at the Royal Mint

15th July 2019, London, UK – A new era of finance has arrived, as this week temtum used the Royal Mint to produce the next generation of currency in the form of cryptocurrency, temtum (TEM).

In a , Founder and CEO of currency temtum, Richard Dennis, and a private security adviser worked within the Royal Mint storing the cryptocurrency’s private crypto keys in its vault and creating its genesis block, signaling the birth of the TEM currency, ahead of its global launch on Wednesday 17th July. 

With the Royal Mint having minted the UKs supply of coins for over 1,100 years, alongside over 60 nations worldwide where British currencies are exported, the financial institution will forever be the home of the temtum genesis private keys and currency reserve.

Similar to the creation of a physical and traditional fiat currency, digital coins also need to be formed. With minting being the process of official creation, this is a significant milestone for the temtum (TEM) and the cryptocurrency industry, as appetite for digital currency clearly continues to grow within the mainstream.

By working within the Royal Mint alongside a private security adviser, temtum has ensured the highest security measures are in place for the currency. Firmly setting the benchmark for security within the industry, as crypto keys are often stored insecurely and irresponsibly, the temtum team have combined decades of security expertise to produce secure private keys for temtum, with the genesis block – the very first block of transaction data on temtum’s Temporal blockchain – and the original private keys of temtum forever stored in the Royal Mint vault.

Ensuring hacks and fraudulent activity is near impossible, in order for a cryptocurrency to be 100% secure, it requires a minimum of three key things; secure private keys of users, the founding team and exchanges, quantum secure cryptography to ensure those private keys stay private and cannot be calculated from a public key and a network that prevents any possibility of a 51% attack, where one party can fork the chain and take control of transactions. temtum achieves all of these.

Founder and CEO of temtum, Richard Dennis said: There should be no gimmicks or shortcuts when it comes to security and we see working directly from the home of the UK’s creation of coins over the last 1000 years, as the only place suitable for the launch of a new currency that we believe will have a significant value globally in the years to come. It just happens to come with such tradition and authority, once located just a stone’s throw from the Crown Jewels.”

We have been working with government grade security advisors to ensure that temtum is the most secure network in the industry and that any reserves of TEM are in one of the worlds most secure facilities. Our technology goes much further than simply making our code open source, our code has been tested and approved by Crest approved agency BSI, so you don’t need to be a cryptographer to know temtum is secure.

The creation of the temtum genesis block comes ahead of the impending launch, in which temtum will be available to purchase, trade and use worldwide via the CoinAll exchange. Rather than following the ICO and IEO norm of raising capital from users to build their technology, the temtum team have already built a completed blockchain and network and are now ready to implement an initial exchange distribution alongside CoinAll Super Project.

temtum has been created to challenge existing cryptocurrencies and financial institutions, which it sees as no longer fit for purpose for modern day use of payments. Operating on its own innovative and patented blockchain technology called Temporal, the temtum network surpasses market leading finance products, including the likes of VISA, and Nano and has been in development for 5 years. 

It’s quantum secure, currently delivering proven and 3rd party verified 3000 tps, with the capacity for theoretically unlimited tps and could run the globes entire payment networks on just 50 smartphones.

For more details please email [email protected] and more information can be found on the temtum website temtum.com.

If you would like to speak with Richard Dennis, please do get in touch.

About temtum http://www.temtum.com/

temtum was founded in 2014 by Dragon Infosec CTO Richard Dennis, the world’s youngest cryptography lecturer, and current CISO Dr Gareth Owenson – both world renowned cryptographers in their own right. With a team boasting more than 25 years of cryptography experience, multiple Silicon Valley C-Suite executives and holding the only blockchain PhD worldwide.

The temtum blog can be viewed here and the whitepaper here.

temtum Telegram: https://t.me/temtumcommunity 

temtum Discord: https://discord.gg/hs3v4g4 

temtum Twitter: https://twitter.com/wearetemtum 

temtum Reddit: https://www.reddit.com/r/temtum 

Disclosure: This is a sponsored press release

The post World’s First Digital Currency Created at the Royal Mint appeared first on NullTX.


Source: nulltx
World’s First Digital Currency Created at the Royal Mint

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World’s First Digital Currency Created at the Royal Mint

World’s First Digital Currency Created at the Royal Mint

This article was originally posted on The Merkel – with a dedicated cryptocurrency news section and also a variety of educational articles relating to , […]
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World’s First Digital Currency Created at the Royal Mint

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World’s First Digital Currency Created at the Royal Mint

15th July 2019, London, UK – A new era of finance has arrived, as this week temtum used the Royal Mint to produce the next generation of currency in the form of cryptocurrency, temtum (TEM).

In a , Founder and CEO of currency temtum, Richard Dennis, and a private security adviser worked within the Royal Mint storing the cryptocurrency’s private crypto keys in its vault and creating its genesis block, signaling the birth of the TEM currency, ahead of its global launch on Wednesday 17th July. 

With the Royal Mint having minted the UKs supply of coins for over 1,100 years, alongside over 60 nations worldwide where British currencies are exported, the financial institution will forever be the home of the temtum genesis private keys and currency reserve.

Similar to the creation of a physical and traditional fiat currency, digital coins also need to be formed. With minting being the process of official creation, this is a significant milestone for the temtum (TEM) and the cryptocurrency industry, as appetite for digital currency clearly continues to grow within the mainstream.

By working within the Royal Mint alongside a private security adviser, temtum has ensured the highest security measures are in place for the currency. Firmly setting the benchmark for security within the industry, as crypto keys are often stored insecurely and irresponsibly, the temtum team have combined decades of security expertise to produce secure private keys for temtum, with the genesis block – the very first block of transaction data on temtum’s Temporal blockchain – and the original private keys of temtum forever stored in the Royal Mint vault.

Ensuring hacks and fraudulent activity is near impossible, in order for a cryptocurrency to be 100% secure, it requires a minimum of three key things; secure private keys of users, the founding team and exchanges, quantum secure cryptography to ensure those private keys stay private and cannot be calculated from a public key and a network that prevents any possibility of a 51% attack, where one party can fork the chain and take control of transactions. temtum achieves all of these.

Founder and CEO of temtum, Richard Dennis said: There should be no gimmicks or shortcuts when it comes to security and we see working directly from the home of the UK’s creation of coins over the last 1000 years, as the only place suitable for the launch of a new currency that we believe will have a significant value globally in the years to come. It just happens to come with such tradition and authority, once located just a stone’s throw from the Crown Jewels.”

We have been working with government grade security advisors to ensure that temtum is the most secure network in the industry and that any reserves of TEM are in one of the worlds most secure facilities. Our technology goes much further than simply making our code open source, our code has been tested and approved by Crest approved agency BSI, so you don’t need to be a cryptographer to know temtum is secure.

The creation of the temtum genesis block comes ahead of the impending launch, in which temtum will be available to purchase, trade and use worldwide via the CoinAll exchange. Rather than following the ICO and IEO norm of raising capital from users to build their technology, the temtum team have already built a completed blockchain and network and are now ready to implement an initial exchange distribution alongside CoinAll Super Project.

temtum has been created to challenge existing cryptocurrencies and financial institutions, which it sees as no longer fit for purpose for modern day use of payments. Operating on its own innovative and patented blockchain technology called Temporal, the temtum network surpasses market leading finance products, including the likes of VISA, and Nano and has been in development for 5 years. 

It’s quantum secure, currently delivering proven and 3rd party verified 3000 tps, with the capacity for theoretically unlimited tps and could run the globes entire payment networks on just 50 smartphones.

For more details please email [email protected] and more information can be found on the temtum website temtum.com.

If you would like to speak with Richard Dennis, please do get in touch.

About temtum http://www.temtum.com/

temtum was founded in 2014 by Dragon Infosec CTO Richard Dennis, the world’s youngest cryptography lecturer, and current CISO Dr Gareth Owenson – both world renowned cryptographers in their own right. With a team boasting more than 25 years of cryptography experience, multiple Silicon Valley C-Suite executives and holding the only blockchain PhD worldwide.

The temtum blog can be viewed here and the whitepaper here.

temtum Telegram: https://t.me/temtumcommunity 

temtum Discord: https://discord.gg/hs3v4g4 

temtum Twitter: https://twitter.com/wearetemtum 

temtum Reddit: https://www.reddit.com/r/temtum 

Disclosure: This is a sponsored press release

Fidelity Digital Assets Hiring New Blockchain Professionals

Coinspeaker
Fidelity Digital Assets Hiring New Blockchain Professionals

Fidelity, which is a major asset manager in the , specifically created Fidelity Digital Assets branch which specializes in crypto-related . More recently, they announced that they are adding Bitcoin to their services and will offer crypto trading in the future.

However, now they are looking for more people with knowledge about the specific asset class.

The new positions include vice president, director, leading software engineer, blockchain software engineer, product designer, and others. Judging by a few of the leadership roles, it is clear that they are looking to cover a serious entity within their company. Possibly, creating yet another branch.

Although these leadership roles have been sitting around in their website for more than two months, they have reposted it and expanded their need for additional human resources.

The new vice president will be serving as a chief technology officer. The main responsibilities for the role would be design, architecture, and delivery of a new platform, maintenance of existing platforms and compliance with ’s security standards.

The requirements for the desired role are a practical experience developing on public blockchain platforms similar to and Ethereum, and experience with private blockchain platforms.

Additionally, director of product management role will be responsible for building new crypto-related offerings and maintaining relationships with Fidelity’s partners. They are asking for an experience with institutional clients, securities trading, and custody “as well as the operational and regulatory constructs around them,” reads the job description.

As regards developers, they need to be familiar with DLT platforms like Corda, Hyperledger Fabric, and Ethereum. Also, they will be the leader of a team of two to five engineers working on blockchain-based solutions.

Moreover, they are also looking for a blockchain software engineer with experience in Bitcoin and Ethereum in order to test “numerous blockchain projects and proposals, with an eye to which may be useful to Fidelity,” reads the job description.

Well, that much for blockchain-related positions, they are also hiring loads of other people like an associate analyst, which needs to be focused on trading. Also, a customer service representative, a senior quality engineer, a senior analyst for trade support, and an associate analyst for custody service.

These job positions will be “resolving trade breaks, proactively monitoring order flow, identifying and escalating trade discrepancies, resolving trading and exchange-related disputes, and providing key external client support,” says the description.

Fidelity Digital Assets Hiring New Blockchain Professionals


Source: coinspeaker
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