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    <title>Bankcoin Reserve, BCR - Latest Press Releases on ReleaseWire</title>
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      <title>Bankcoin Reserve's Patented Product Promises Huge Potential</title>
      <link>http://www.releasewire.com/press-releases/release-3.htm</link>
      <description><![CDATA[<div class="newsleft"><div class="newsbody"><p class="subheadline">An opportunity to maximize growth and expansion</p><p>Brisbane, QLD -- (<a rel="nofollow" href="http://www.sbwire.com/">SBWIRE</a>) -- 10/28/2014 --  Banks across the world now have something unique to look forward to, a mechanism that will transform the manner in which they conduct their business and give them an opportunity to explore untapped markets. <br />
<br />
Bankcoin Reserve of Australia has now made its patented product accessible to banks giving them the tried and tested alternative they need to foster growth. Traditional bank transactions which enable a bank to render its services often come with a liability that restricts a bank&apos;s reserves and compels it to use its existing reserves to make arrangements to accommodate such services. The down side to this approach is, considering how volatile world markets are, banks are left no choice but, to undertake a huge risk. <br />
<br />
With this new approach, banks can acquire Bankcoin&apos;s value of the deposit accepted by customers and then proceed to mint an equal amount as per the levied interest rate. This way, by the time the term deposit comes to a close, the bank will have the adequate reserves to make the payment and not have to rely on its resources to fill the gap. <br />
<br />
Bankcoin Reserve&apos;s Chairman Gary McAlister is also in conversations with those in the Islamic banking sector as this new product does not have an interest component, what is seen to be interest/usury is actually the minting of new coin. What this means is banks all around the world can adopt this new product and attract those in the Islamic sector and give them the opportunity to open up savings and term deposits at their banks. This is a huge untapped market.<br />
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This is great news for banks in the US as well which have been affected by the recent economic meltdown. The <a class="extlink"  target="_blank"  rel="nofollow noopener" title="400 distressed banks" href="http://problembanklist.com/fdic-reveals-that-over-banks-remain-on-the-problem-bank-list-0661/">400 distressed banks</a> which were badly hit can use this opportunity to bounce back and rebuild their businesses. <br />
<br />
About Bankcoin Reserve<br />
The Bankcoin Reserve (BCR) does not sell Bankcoin; it was instituted to provide the Bankcoin community with security and a stable price &amp; mechanism. The Bankcoin Reserve has 10M Bankcoin as a security position should any issues arise throughout the Bankcoin network. <br />
<br />
The Bankcoin Reserve is a self-regulated Reserve and complies with all national and international regulations. Talks are currently being arranged with the <a class="extlink"  target="_blank"  rel="nofollow noopener" title="FDIC" href="https://www.fdic.gov/bank/individual/failed/banklist.html">FDIC</a> to discuss this new product, insurance etc. To know more and to get in touch with a spokesperson, you can write to <a class="extlink"  target="_blank"  rel="nofollow noopener" title="support@bankcoinreserve.com" href="mailto:support@bankcoinreserve.com">support@bankcoinreserve.com</a><br />
<br />
Media Contact:<br />
Bankcoin Reserve, BCR<br />
51 Adelaide Street Brisbane,<br />
Queensland, Australia, 4001<br />
Nina Taylor, Enquires<br />
Phone: (61) 0403963399<br />
Email: <a class="extlink"  target="_blank"  rel="nofollow noopener" title="support@bankcoinreserve.com" href="mailto:support@bankcoinreserve.com">support@bankcoinreserve.com</a><br />
<a class="extlink"  target="_blank"  rel="nofollow noopener" title="http://www.BankcoinReserve.com" href="http://www.BankcoinReserve.com">http://www.BankcoinReserve.com</a></p><p>For more information on this press release visit: <a rel="nofollow" href="http://www.releasewire.com/press-releases/release-3.htm">http://www.releasewire.com/press-releases/release-3.htm</a></p></div><h2>Media Relations Contact</h2><p>Nina Taylor<br />Enquires<br />Bankcoin Reserve, BCR<br />Telephone: 61 0466 826 313<br />Email: <a rel="nofollow" href="http://www.sbwire.com/press-releases/contact/557316">Click to Email Nina Taylor</a><br />Web: <a rel="nofollow" href="http://www.bankcoinreserve.com">http://www.bankcoinreserve.com</a><br /></div><div><p><img src="https://cts.releasewire.com/v/?sid=557316&amp;s=f&amp;v=f" width="1" height="1" alt=""><span></span></p></div>]]></description>
      <pubDate>Tue, 28 Oct 2014 19:00:00 -0500</pubDate>
      <guid>http://www.releasewire.com/press-releases/release-3.htm</guid>
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      <title>Islamic Market Open to Banks That Use Bankcoins Patented Product</title>
      <link>http://www.releasewire.com/press-releases/release-3.htm</link>
      <description><![CDATA[<div class="newsleft"><div class="newsbody"><p class="subheadline">400 distressed banks in the US now have an opportunity to rebuild& grow</p><p>Brisbane, QLD -- (<a rel="nofollow" href="http://www.sbwire.com/">SBWIRE</a>) -- 10/24/2014 --  Bankcoin Reserve announced today byitsChairman, Gary McAlister,that they have just been granted the patent on a new method for Banks &amp; Financial Institutions using crypto currency for savings &amp; deposit taking. Example Bankcoin mines/mints interest/new coin, mines/mints transaction fees, proof of stake, POS. Patent number: 2014101156 priority date 18 September 2014.<br />
<br />
An innovation patent lasts up to 8 years and is designed to protect inventions that do not meet the inventive threshold required for standard patents. This patent is unique and only possible because the technology inside it is so new, the wallet houses the fraud &amp; security protection, block chain statistics &amp; block explorer mix that with the Bankcoin Reserve Insurance, fixed cap 100Mall mined, fixed price $1300, ability to mint new coin and mine transaction fees meaning no usury and you have the perfect product for the banks and financial institutions to engage, easily implement and profit from. A full description of the process is available to representatives in the banking and financial sector.<br />
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When asked how it works McAlister says: Think of it like this, a customer client comes into your bank and asks for a Bankcoin term deposit over 12 months. At the end of that term the bank pays the customer client 4%they earned on top of what theydeposited; now the bank has to find that from somewhere else take from Peter to pay Paul. Well not with this new method.The bank acquires Bankcoin to the value of the term deposit which is allocated to the customer clientand lets it mint new coin up to 10% pa and mine the external network transaction fees. So the bank uses what it&apos;s minted and mined, converts it to fiat and pays the term deposit out. So it saved 4% and actually makes up to an additional 6% free and clear. Now this starts to get your attention when you are talking about 10% of $1.3B $130M.10% of $13B $1.3B.First moverswill gain the most advantage.<br />
<br />
McAlister is also in conversations with those in the Islamic banking sector as this new product does not have an interest component, what is seen to be interest/usury is actually the minting of new coin. What this means is banks all around the world can adopt this new product and attract those in the Islamic sector and give them the opportunity to open up savings and term deposits at their banks. This is a huge untapped market.<br />
<br />
Also the <a class="extlink"  target="_blank"  rel="nofollow noopener" title="400 distressed banks" href="http://problembanklist.com/fdic-reveals-that-over-banks-remain-on-the-problem-bank-list-0661/">400 distressed banks</a> that the <a class="extlink"  target="_blank"  rel="nofollow noopener" title="FDIC" href="https://www.fdic.gov/bank/individual/failed/banklist.html">FDIC</a> mentioned in an article not so long ago now have access to a new product and new markets of which they can take full advantage. A lot of these banks are community banks and building societies, family run generational banks that build communities and know everyone by name.These banks could definitely use this new product to rebuild and get back to sound money ethical principles.<br />
<br />
About Bankcoin Reserve<br />
The Bankcoin Reserve (BCR) does not sell Bankcoin; it was instituted to provide the Bankcoin community with security and a stable price &amp; mechanism which we have delivered. The Bankcoin Reserve has 10M Bankcoin as a security position should any issues arise throughout the Bankcoin network. The Bankcoin Reserve is a self-regulated Reserve and complies with all national and international regulations. We can work with the FDIC in relation to this new product, insurance etc.<br />
<br />
Gary is now available for speaking engagements covering the patent, process and setup with real time wallets that are minting and mining to prove the process can be implemented immediately.<br />
<br />
Media Contact:<br />
Bankcoin Reserve, BCR<br />
51 Adelaide Street Brisbane,<br />
Queensland, Australia, 4001<br />
Nina Taylor, Enquires<br />
Phone: (61) 0403963399<br />
Email: <a class="extlink"  target="_blank"  rel="nofollow noopener" title="support@bankcoinreserve.com" href="mailto:support@bankcoinreserve.com">support@bankcoinreserve.com</a><br />
<a class="extlink"  target="_blank"  rel="nofollow noopener" title="http://www.BankcoinReserve.com" href="http://www.BankcoinReserve.com">http://www.BankcoinReserve.com</a></p><p>For more information on this press release visit: <a rel="nofollow" href="http://www.releasewire.com/press-releases/release-3.htm">http://www.releasewire.com/press-releases/release-3.htm</a></p></div><h2>Media Relations Contact</h2><p>Nina Taylor<br />Enquires<br />Bankcoin Reserve, BCR<br />Telephone: 61 0466 826 313<br />Email: <a rel="nofollow" href="http://www.sbwire.com/press-releases/contact/556972">Click to Email Nina Taylor</a><br />Web: <a rel="nofollow" href="http://www.bankcoinreserve.com/">http://www.bankcoinreserve.com/</a><br /></div><div><p><img src="https://cts.releasewire.com/v/?sid=556972&amp;s=f&amp;v=f" width="1" height="1" alt=""><span></span></p></div>]]></description>
      <pubDate>Fri, 24 Oct 2014 19:15:00 -0500</pubDate>
      <guid>http://www.releasewire.com/press-releases/release-3.htm</guid>
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    <item>
      <title>Bankcoin to Be the World's First Crypto Currency on Gold Standard</title>
      <link>http://www.releasewire.com/press-releases/release-3.htm</link>
      <description><![CDATA[<div class="newsleft"><div class="newsbody"><p class="subheadline">Major Move for Crypto Currency World; Reduces Volatility, Adds Stable Price</p><p>Brisbane, Australia -- (<a rel="nofollow" href="http://www.sbwire.com/">SBWIRE</a>) -- 07/18/2014 --  Bankcoin Reserve announced today that crypto currency exchanges are able to peg Bankcoin to the 1oz gold price approx. $1300US on the stock market from the 1st of August – an industry first designed to reduce volatility for traders, investors, and the broader community. This is a major move for the crypto currency world as Bankcoin was specifically designed to address the issues associated with crypto currencies, particularly volatility due to not being pegged to anything.  The move is expected to increase mainstream adoption of Bitcoin. The decision follows market testing over the last 6 weeks that revealed strong interest in a gold valuation-based crypto-currency.<br />
<br />
"Bankcoin is not just any crypto currency," said Gary McAlister Terry, Chairman of the Bankcoin Reserve. "It is coded BANK for good reason. This is a crypto coin that people all around the world can identify with immediately." Mr. McAlister notes that he was not the developer of Bankcoin. Rather, he mined the coin. However, after seeing how much time the financial industry is putting into Bitcoin, he knew Bankcoin could support stakeholder efforts and address their concerns.<br />
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Banks, financial institutions, investors, traders, including exchanges and all those supportive of crypto currency now have a store of value and a stable price which can be used to do business. Bankcoin will provide the store of value part of the equation while Bitcoin remainsthe medium of exchange that can grow exponentially in value, as it should, to cover the huge demand that is going to be placed on it in the coming years.<br />
<br />
With Bankcoin, banks now have access to the crypto currency market and can be proactive in the spaceas Bankcoin is a Proof of Stake coin with interest rate up to 10% pa.<br />
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10000 BANK allocated to each exchange that confirms the peg for the 1st of August to start them off on a positive balance sheet.100 million Bankcoins were mined in 10 days. This provides security of knowing that there is a market place for Bankcoins that aretransactable, investable and tradeable, <br />
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Bankcoin is still available from miners on the following exchanges:<br />
<br />
<a class="extlink"  target="_blank"  rel="nofollow noopener" title="https://bittrex.com/Market/?MarketName=BTC-BANK" href="https://bittrex.com/Market/?MarketName=BTC-BANK">https://bittrex.com/Market/?MarketName=BTC-BANK</a><br />
<a class="extlink"  target="_blank"  rel="nofollow noopener" title="https://c-cex.com/?p=bank-btc" href="https://c-cex.com/?p=bank-btc">https://c-cex.com/?p=bank-btc</a><br />
<br />
CONTACTS:<br />
<br />
Bankcoin Reserve, BCR<br />
51 Adelaide Street Brisbane,<br />
Queensland, Australia, 4001<br />
Nina Taylor, Enquires<br />
Phone: (61) 0466 826 313<br />
Email: <a class="extlink"  target="_blank"  rel="nofollow noopener" title="support@chuptu.com" href="mailto:support@chuptu.com">support@chuptu.com</a></p><p>For more information on this press release visit: <a rel="nofollow" href="http://www.releasewire.com/press-releases/release-3.htm">http://www.releasewire.com/press-releases/release-3.htm</a></p></div><h2>Media Relations Contact</h2><p>Nina Taylor<br />Enquires<br />Bankcoin Reserve, BCR<br />Telephone: (61) 0466 826 313<br />Email: <a rel="nofollow" href="http://www.sbwire.com/press-releases/contact/530901">Click to Email Nina Taylor</a><br />Web: <a rel="nofollow" href="https://bittrex.com/Market/?MarketName=BTC-BANK">https://bittrex.com/Market/?MarketName=BTC-BANK</a><br /></div><div><p><img src="https://cts.releasewire.com/v/?sid=530901&amp;s=f&amp;v=f" width="1" height="1" alt=""><span></span></p></div>]]></description>
      <pubDate>Fri, 18 Jul 2014 03:15:00 -0500</pubDate>
      <guid>http://www.releasewire.com/press-releases/release-3.htm</guid>
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