Havven will offer a digital method of payment that fulfils the same three functions that traditional forms of money and asset - ownership do:
act as a unit of account, a medium of exchange, and as a store of value, states the company.
Not exact matches
To accomplish that, the bill adds a definition
of virtual currency to the state's money services statute (8 V.S.A. § 2500 et seq.): «stored value that (A) can be a medium
of exchange, a
unit of account, or a store
of value; (B) has an equivalent value in money or
acts as a substitute for money; (C) may be centralized or decentralized; and (D) can be exchanged for money or other convertible virtual currency.»
But,
as its own constitution suggests, that's exactly what it is: «The Scottish Labour party is registered with the Electoral Commission
as an
Accounting Unit (AU)
of the UK Labour party and is therefore not a registered political party under the terms
of the Political Parties, Elections and Referendums
Act 2000.»
Therefore, the High Court passed undertakings by which traders committed not to «create the false impression that the consumer has already won, will win or will on doing a particular
act win, a prize or equivalent benefit, when in fact taking any action recommended by the [trader] in relation to claiming the prize or other equivalent benefit is subject to the consumer paying money or incurring a cost which is either: (a) a substantial proportion
of the
unit cost to the defendant
of the provision to the consumer
of the thing described
as a prize or other equivalent benefit; or (b) in the case
of a charge stated to be for delivery and insurance, used by the defendant to finance in whole or in part its acquisition, handling or other cost
of the making available
of that thing, other than the actual cost
of its delivery to the consumer and insurance (if any) in transit» (
account rendered by the CJEU in C - 428 / 11 at para 20, emphasis added).
To accomplish that, the bill adds a definition
of virtual currency to the state's money services statute (8 V.S.A. § 2500 et seq.): «stored value that (A) can be a medium
of exchange, a
unit of account, or a store
of value; (B) has an equivalent value in money or
acts as a substitute for money; (C) may be centralized or decentralized; and (D) can be exchanged for money or other convertible virtual currency.»
This ideal cryptocurrency would achieve the following properties
of a currency, namely, be used for transactions and payments,
act as an asset or store
of wealth and used
as a
unit of account.
While some people use bitcoin or other cryptocurrencies simply because they have no other option available to them for a particular type
of transaction, Peetz and Mall argue that bitcoin is not a transactional currency — mainly due to its inability to
act as a reliable
unit of account.
SUMMARY
OF QUALIFICATIONS • Over 3 years of experience working in accounting field • Competent at processing various types of accounts payable transactions using preset imaging software • Hands on experience in ensuring accurate general ledger posting and responding to vendor queries • Known for acting as back up to all accounting unit functions • Working knowledge of Microsoft Office applicatio
OF QUALIFICATIONS • Over 3 years
of experience working in accounting field • Competent at processing various types of accounts payable transactions using preset imaging software • Hands on experience in ensuring accurate general ledger posting and responding to vendor queries • Known for acting as back up to all accounting unit functions • Working knowledge of Microsoft Office applicatio
of experience working in
accounting field • Competent at processing various types
of accounts payable transactions using preset imaging software • Hands on experience in ensuring accurate general ledger posting and responding to vendor queries • Known for acting as back up to all accounting unit functions • Working knowledge of Microsoft Office applicatio
of accounts payable transactions using preset imaging software • Hands on experience in ensuring accurate general ledger posting and responding to vendor queries • Known for
acting as back up to all
accounting unit functions • Working knowledge
of Microsoft Office applicatio
of Microsoft Office applications
Early Loss Mitigation Supervisor (9/2008 — 4/2010) • Managed
unit of approximately 8 to 15 collectors while ensuring the achievement
of unit objectives and related standards • Compiled and analyzed statistical data relative to
unit productivity, monitoring live calls while providing feedback to staff • Provide advice and question resolution concerning collection activities, reviewing the status
of severely delinquent
accounts and handling all loss mitigation efforts • Advised staff
of any changes in policy and procedures, allocated critical resources, and developed work schedules • Train current and new staff members
as well
as conduct performance reviews, making recommendations
as needed regarding corrective actions and suggested dismissals • Assist departmental manager with training course scheduling for entire department • Create and distribute various reports to staff and peers on a regular and ad - hoc basis • Traveled to Chatsworth, CA
as supervisor, developing observations and recommendations which led to facility improvements •
Acted as representative to the Washington Mutual conversion to early loss mitigation in Albion, NY, sharing best practices from Chase