Gibraltar issues first Crypto Currency (QRG) Postage Stamps
Gibraltar, May 21, 2018
The first collectible crypto stamps have been issued on May 21st as a block of four stamps numbered from 1 – 50,000 depicting the Rock of Gibraltar with a two pound face value. Each block has a QR Code printed next to the stamps, which when scanned with a cell phone will generate 200 QRG Coins per block in an Ethereum wallet (My Ether).
"The collectables world, philatelic and Crypto communities will welcome the advent of block chain and distributed ledger technology to facilitate the transfer of value between buyers and sellers” said World Chess Champion Anatoly Karpov, a world renowned philatelist. “The Gibraltar QRG Coins will be a leading light in illuminating the transparency of such transactions and thereby increasing the trust and confidence of participants on both sides."
The goal of the QRG Coin is that philatelic markets and auction houses will be only the first of many collectables markets to adopt the QRG coin as the medium for the transfer of value. Sports memorabilia markets, fine art auction houses, antique car dealers and many others could benefit greatly from the increased efficiency and security inherent in QRG Coin transactions versus traditional payment systems. For many auction houses and online players, use of the QRG Coin will allow them to expand their market globally.
Gibraltar is at the forefront of this promising digital financial engineering and has received high acclaim within the global distributed ledger technology and cryptocurrency communities. On January 1, 2018, Gibraltar became one of the first jurisdictions in the world to regulate businesses and individuals who are using block chain or distributed ledger technologies to transfer value between parties.
QRG Coin will address the issues of trust between buyers and sellers by incentivizing appropriate behavior of all participants in a transaction. It will also dramatically reduce the cost associated with the global transfer of payments, while increasing transparency and creating a ledger that will in tracking lineage and provenance of valuable collectables. These advantages rise above local, national and even international politics in terms of facilitating transactions. To increase efficiency we leverage the innate abilities and powers contained in block chain technology based QRG Coin.
Company Name: RWH Advisors Inc.
Contact Person: Ron Henley
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