News By Tag
News By Place
ICON CAPITAL RESERVE SA Acquires Leading Digital Currency Developer Bits of Proof Zrt
ICON, a Panama based licensed financial services firm is pleased to announce that it has agreed to acquire leading digital currency developer Bits of Proof (BOP) Zrt and BOP founder Tamas Blummer has agreed to join ICON as CTO, effective immediately.
Tamas Blummer, the founder of Budapest based Bits of Proof Zrt. noted “In 2012, after a 20 year career, I left the lucrative world of investment banking and trading to follow my passion for creating an industrial strength platform that could deliver world class solutions in the digital currency space. When I started talking to Brad and his team, I realized they shared my passion, while coming at this with a vision for creating a decentralized financial platform and once we really got involved the synergies led us to conclude that we could have the greatest impact if we pursued this historic opportunity together.”
In closing Mr. Hall added “The decentralized computing wave has been disrupting a variety of industries and is now impacting the world of finance. The old models built around centralized, command and control hierarchies are imploding and this trend is irreversible. We are coming at this with a firm sense of history and an obligation that comes with a once in a generation type opportunity. We are building out a world-class team with the skills, experience and enthusiasm to execute our shared vision and plan. ICON is growing almost weekly and we expect to expand the Bits of Proof engineering team by 500% this year alone.”
For further information you are invited to contact ICON CAPITAL RESERVE S.A.:
J. Bradley Hall
Chief Executive Officer
Chief Technology Officer
AUREALS™, DIGITAL CURRENCY | GOOD AS GOLD™ and DIGITAL BEARER BONDS™ are trademarks of ICON CAPITAL RESERVE S.A
About ICON CAPITAL RESERVE S. A.:
ICON is a licensed financial services firm based in Panama. The Company is led by an experienced management team with international banking, finance, risk management, technology, governance and gold trading experience. ICON is preparing to launch AUREALS™ a decentralized, digital currency fungible with physical gold. Each AUREAL™ can be redeemed for 1 gram of physical gold, effectively attaching a numeraire that has been accepted as the most trusted store of value for 6000 years. AUREALS™ circulate and are traded on a peer-to-peer basis, meaning they can be aggregated and exchanged without any centralized hierarchy.
About Bits of Proof Zrt:
Budapest, Hungary based BOP operates a world class software development center that has built an industry leading platform to create, trade and store digital currencies. BOP’s leading exchange solutions include a Bitcoin payment solution for web and B&M merchants, a web wallet for the most secure Bitcoin storage, TREZOR and the first real-time auditable exchange Bullion Bitcoin.
ICON CAPITAL RESERVE SA
+1 949 302 9402