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WM’s TUV Potentially Eclipses all Cryptocurrencies

·2-min read

ST PETER PORT, Guernsey and NEW YORK, Sept. 21, 2021 (GLOBE NEWSWIRE) -- Global Telephony Company, Webtel.mobi, (“WM”) is about to recommence unrestricted Global Operations with a Global Digital Currency that it has been confidentially testing and refining since 2009.

WM first developed its TUV Digital Currency as a fully functional dual-use product – a Global Top-Up Voucher for Mobile Telephony Services and a fully transferable and convertible multicurrency Digital Currency.

Rather than rush it to market, WM then spent nine years carrying out restricted Global Operations to an intentionally limited market to ensure its TUV complied with all relevant legal, regulatory and security requirements; and a further three years rebuilding its Platform 2 incorporating all required refinements.

Now, with Platform 2 complete, the result is a Global Digital Currency with all the attributes of Cryptocurrencies, and many more that Cryptocurrencies do not have and cannot achieve. Some of the differences include the following:

CHARACTERISTIC

CRYPTOCURRENCIES

TUV

Functions with Distributed Ledger + Blockchain

Yes

Yes

Has Private Keys + Encryption

Yes

Yes

Can Recover Asset if Key is Lost

No

Yes

Has Price and Value Stability

No

Yes

Is 1:1 secured with Funds for a 100% Reserve

No

Yes

Securing Funds in a Regulated Bank Account

No

Yes

Can be Reconverted to Funds on Demand

No

Yes

On-Demand Conversions between Currencies

No

Yes

Is Environmentally Friendly

No

Yes

Is in a Regulated Environment

No

Yes

Can be used for Mainstream Payments

No

Yes

TUVs instantly Created from Mobile Phones

No

Yes

Functions PP2P with no Intermediaries

No

Yes

Cost

+/- USD 50 000.00

Free

Prior to recommencing unrestricted Global Operations, WM provided its System and TUV Digital Currency to the Levy Economics Institute – one of the world’s foremost economic Research Organizations – for review.
The Head of Research of the Levy Economics Institute – Professor Jan Kregel – concluded after a year of review that WM’s System and TUV had attributes that Cryptocurrencies did not have and could not achieve. Moreover, it had the capacity to reform aspects of the current Global Financial System.

This could spell the end of the recent clear run for Cryptocurrencies, which under such circumstances lose their reason for existing.

Media Contact:
Nick Lambert: wm@thoburns.com

More information on the TUV:
https://tinyurl.com/TUVinfo

Research Reports by Professor Kregel on WM and the TUV:
https://tinyurl.com/TUVresearch

WM’s urls
https://webtel.mobi/pc (Tablet / Laptop / Desktop)
https://webtel.mobi (Smart Phone)
https://webtel.mobi/wap (Pre-Smart Mobile Phone)

Professor Kregel’s Background and Biography
https://www.levyinstitute.org/scholars/jan-kregel
https://inctpped.ie.ufrj.br/internationalconference2018/Jan_Kregel_cv.pdf



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