ICON utilises Hedera Hashgraph to achieve the gold standard for security in the field of distributed consensus: Asynchronous Byzantine Fault Tolerance (ABFT). Other platforms that use coordinators, leaders, or communication timeouts tend to be vulnerable to Distributed Denial of Service (DDoS) attacks against those vulnerable areas. Hashgraph is resilient to these types of attacks against the consensus algorithm, and achieves the theoretical limits of security defined by ABFT. Achieving this level of security at a scale of hundreds of thousands of transactions per second is a fundamental advance in the field of distributed systems and it is the gold standard for security in this category.
Many applications require that the consensus order of transactions match the actual order in which the transactions are received by the network. It should not be possible for a single party to prevent the flow of transactions into the network, nor influence the order of transactions in the eventual community consensus. A fair consensus algorithm ensures that if a user can submit a transaction to the network at all, then the transaction will be received by the network and the order in which it was received will be a fair ordering. Hashgraph uniquely ensures that the actual order transactions are received by the community will be reflected in the consensus order. In other words, hashgraph ensures both Fair Access and Fair Ordering.
Formal proofs of the ABFT and fairness properties for the hashgraph consensus algorithm exist and have been available for public review since June, 2016. Furthermore, the hashgraph algorithm has been validated as ABFT by a math proof checked by computer using the Coq system in October, 2018.
Creators and Custodians of Intergenerational wealth readily acknowledge that new statutes and regulations targeting their wealth ensures that Privacy and Compliance are top of mind. There are four states of Privacy including:
In 2010, as part of FATCA, US Congress enacted new disclosure requirements for specified foreign financial assets (“SFFAs”). The types of reportable assets include: direct holdings of stock in foreign entities, interests in foreign funds, depository accounts, custodial accounts, or interests in financial institutions.
In 2018, the CRS was adopted across the G20 requiring the name and identifying number of the reporting foreign financial institution (FFI) as well as the name and the account number, year end balance, address, tax identification number, date and place of birth of each reportable person.
Interestingly, Gold held in a custodial account maintained by an FFI (bank) would be considered reportable, however, Gold held in an independent vault or safety deposit box is exempt from declaration provided (i) the vault is not in an FFI (bank) or (ii) the storage arrangement is not a financial account.
ICON CAPITAL RESERVE SA is not an FFI.
Fibonacci’s Golden Mean is a mathematical formula that permeates the fractal design of our world from subatomic DNA structures the patterns of the stars in the universe. The Golden Mean is embedded in the architecture of our most iconic buildings from the Great Pyramids to Sydney’s Opera House. Since the dawn of humanity, Trusted Sacred Symbols found in places of worship have been generating carrier waves that are literally broadcasting information.
Trust can be traced to the neurobiological activity of our human brain. Our increasingly complex world slows decision making, so we use heuristic defaults like intuition and common sense to help the process. Gold has become the heuristic default for 6000 years because across geography, language, culture and economics, it is the numeraire that the entire world agrees on. Gold is Value.
The stock of Gold refers to the available c200,000MT mined throughout history and the flow refers to the c2,700MT mined annually. Mathematically, Gold has a stock and flow ratio of 1.35%. The stock of our Planet refers to the c7.45b inhabitants and the flow is a net 80m people added per year. Mathematically, Humanity has a stock and flow ratio of 1.20%. As people move up through Maslow’s Hierarchy of Needs, they create surpluses that are stored in a trusted reserve asset like Gold. Hall’s Law suggests that the stock and flow ratios of Gold and Humanity have been correlated for centuries and the ratios are immune to manipulation.
ICON CAPITAL RESERVE SA was established in 2013 to empower UHNW and Family Office Private Clients to create, trade and reserve value using GOLD and the Blockchain. ICON is built on a foundation of Security, Discretion and Trust.
The Company has fully invested in future-proof software and encryption to create AUREALS™, a fusion of GOLD and the Blockchain that insulates holders from currency, institutional and systemic hazard.
ICON has established successful Private Client relationships in Europe, Asia, GCC, CIS and the Americas (excluding the USA) for several years.
The ICON Secure Exchange Platform was initially built with the Colored Coin Protocol of the Blockchain and has been updated now offering AUREALS™ (ERC20) and CINTAMANI™ (ERC721) as smart contracts on Ethereum.
Innovation is in our DNA and you are only as good as your next success. ICON is one of a handful of strategic partners of Hedera and early in 2019 the Company will be launching AUREALS™ on the Hedera Hashgraph Platform which provides a new form of distributed consensus. The platform is lightning fast, fair, and secure and unlike some blockchain-based platforms, doesn’t require proof of work.
J. Bradley Hall is the Chairman and CEO of ICON. Brad is the architect and driving force behind the launch of a number of successful companies and he enjoys a reputation as a focused, energetic entrepreneur with 33 years of finance, M&A, operational, Gold trading and fund management experience. Brad has deployed disruptive business models challenging outdated and often vulnerable incumbents across cultures and geographies including: the Americas, Brasil, Western/Eastern Europe, the CIS and Asia.
Mr. Hall graduated from Seneca College in Toronto where he focused on International Business, Finance and Economics.
A physical Gold trading platform that was ranked Hong Kong’s top new startup.
A listed Oracle partner that in less than 24 months raised USD$34.5m and grew to 1000+ customers and employees in 30+ emerging markets.
A Toronto based structured products fund that in less than 5 weeks raised an initial CDN$128m from 25,000 retail investors, and grew to CDN$1.8bn AUM when it was sold.
A USD$100m IBM channel push for OS2 that added 6m new customers, generating USD$1bn in new licensing revenue (in less than a year).
Integrity Software leveraged a ‘C’ code compiler into an automated software factory that was sold to a USD$20bn Indian managed services group.
A pre-Google, pre-GPS, location-specific search company, that pivoted to become the leading provider of real-time trading data for non-professional investors in North America. The company listed and then was sold.
Gabriel Perez is the Chief Financial Officer at ICON Capital Reserve, where he is responsible for the company’s overall financial strategy and direction.
Prior to joining ICON, Gabriel spent over 18 years in the financial services, banking and high-tech sectors holding several senior finance and strategic leadership roles for large global multinationals such as Bank of New York Mellon, The Co-Op Bank and RSA Insurance amongst others.
Gabriel holds an MBA in finance and is passionate about Fintech, AI and disruptive technologies. An advocate of blockchain technology and avid digital asset trader, he also lectures in blockchain, disruption, executive finance and advanced fintech innovation.
A blockchain based self-sovereign digital identity organization
A successful fintech start-up, where he was instrumental in building out the global finance business support capabilities and function as well as the treasury, accounting, tax, and internal audit functions to pursue the company’s aggressive growth strategy.
Dr. Demetrios Zamboglou is the Chief Operating Officer of ICON. Demetrios has attained more than a decade of experience in the financial services industry and has successfully impacted leading edge companies and helped shape financial markets. His growing expertise ranges from boardroom strategy to hands-on operational issues including: strategy, business development; market-making; risk management; and compliance.
Demetrios has held a series of directorships and has successfully founded companies in the highly competitive trading space including leadership roles at companies such as Alpari, ForexClub, ZebraFX, FXTM and Lykke. In addition to his professional accolades, Demetrios has attained multiple honors within academia which have empowered him to introduce disruptive and innovative solutions into global financial services. Demetrios is also a passionate advocate for various charitable causes, having worked for a wide range of charities and serving multiple non-profit organisations in Europe.
Demetrios obtained his MEng in Computer Systems Engineering with concentration in Formula Engines from Lancaster University, and his MSc from CASS Business School, where he specialized in IPOs and financial markets. Demetrios also holds a PhD from King’s College London in Behavioral Finance.
A blockchain marketplace for various financial products with zero fees.
A leading forex broker specializing in forex trading, CFDs, stocks, commodities and spot metals. The user base of the global brokers surpassed 1,000,000 registered accounts in 2018 – with more traders joining every day.
A new retail FX broker, fully compliant and authorized, with the distinction of offering institutional-level (B2B) trading capabilities to retail-only clients (B2C).
A Group of Companies that includes a range of companies, brokers, dealers, educational and IT-development centres which allow operating globally. The group serves more than 2.2 million clients worldwide, covering 40 countries through 700 employees working in more than 100 offices in various countries of the world, including Russia, Ukraine, Kazakhstan, Armenia, Azerbaijan, Belarus, China, Malaysia and other countries of Asia, the European Union and Latin America.
Alpari is in the list of the top 5 largest forex brokers in the world, serving more than two million customers from over 150 countries and holding the top spot in many international markets in terms of trading volume and number of clients. In the first 11 months of 2018, trading turnover exceeded 1.5 trillion USD.
Grant Van Wyk is the Chief Technology Officer at ICON Capital Reserve, where he is responsible for the company’s overall technical strategy and direction. An experienced Executive, Founder, Director, Technologist and Engineer with extensive knowledge working in the information technology and financial services industry. With more than a decade’s worth of experience in cutting edge Software Development, ITC projects and Operations, providing an excellent well-rounded understanding of the requirements for effective service delivery in the financial services and technology space. Grant has held a series of executive and leadership roles and has successfully co-founded companies that were responsible for building technologies, services and platforms that were ahead of their time in the fintech space including innovative products like virtual credit cards and micro lending. With his routes in mobile software development, Grant has been responsible for the delivery of mobile payment services and mobile engagement channels for a NASDAQ listed company. Grant holds a BSc.IT (Information Technology) degree and a B.Eng (Electrical and Electronic Engineering) Degree and is passionate about problem solving using disruptive technologies.
Executive in charge of global IT development and operational efforts. Responsible for the delivery and operationalization of fintech products globally. Oversee the development and operations teams.
Executive in charge of the operational aspects of Net 1 Mobile Solutions. Responsible for the internal and external operational aspects. Designed and implemented the processes and process management for the business. Built the operations and support teams and processes to support the products and business functions.
Initially responsible for the Mobile including the development and delivery of all mobile projects. Promoted to COO/CTO and was responsible for operational aspects of the business as well as delivery of all IT projects. Created required processes to facilitate effective project and software delivery.
Robert Flohr is the MD ~ Corporate Development for ICON. Bob has had a long career as a senior advisor and consultant to major banks, asset management firms, private investors and technology businesses. He spent over 20 years headquartered in London and continues to operate globally. He has worked with the boards and executive leadership of a number of banks, consulting on issues related to corporate restructuring and integration, strategic planning and business growth, management development, succession planning, leadership and change management. He has been a major catalyst in a number of the most significant transformations and growth stories in global banking over the past 25 years. He has assisted a European firm in raising capital and improving the performance of a portfolio company, as well as assisted in the restructuring of an important Middle East regional bank. He has served on the board of a European Payments business and of the holding company of a Bermuda bank.
Currently, he offers his sage experience as an advisor and board member for a number of entrepreneurial ventures specifically focusing on emerging technologies and businesses involving the Blockchain and distributed ledgers. These businesses are focusing on such diverse platforms as payments, e-commerce, mobility and commodities, among others.
He is a graduate of Princeton University and spent four years early in his career as an Assistant Dean of Admissions and Academic Advisor at the university.
Bob began his consulting career at McKinsey and Company, where he spent almost six years. He has a number of years of executive search experience, including working with Korn Ferry as the head of the Financial Services Practice for Europe and with responsibility for coordinating global coverage and client service for investment banks and asset management firms.
Marcus Grubb is the MD ~ Strategic Gold Partners for ICON. Marcus led the World GOLD Councils Investment team and was the global investment strategist and spokesperson for seven years. A key focus of his role was the oversight of new structured product innovation, which saw him initiate the WGC’s involvement with BullionVault and with ICBC, to launch a GOLD accumulation scheme in China. He played a key role in the marketing of the GOLD ETFs in the USA, Europe and Asia between 2008 and 2013.
Prior to the World GOLD Council, Mr. Grubb enjoyed a career in banking spanning more than 15 years. He was founding CEO of Swapstream, an inter-bank dealing exchange for interest rate swaps, now owned by the Chicago Mercantile Exchange. Mr. Grubb was also global head of equities at Rabobank and a top rated investment strategist at the investment houses UBS, Salomon Brothers and SBC Warburg.
Mr. Grubb holds a first class degree in modern history and economics from Queen’s College, Oxford.
Eurobond and swap origination and high yield asset portfolio manager.
International equity strategist responsible for global equity investment strategy.
Marcus built and managed the entire global equities business.
Founder CEO of the IRS derivative exchange. Sold to CME in 2006 for £50m.
Marcus led the World GOLD Councils Investment team and was the global investment strategist and spokesperson for seven years.
David Fritsche is the Chairman’s Advisor ~ Strategic Secure Communications for ICON. David has worked for 30 years in technology and is the Founder and CTO of Secured Communications, offering enterprise and government entities sophisticated mobile encryption using the Advanced Encryption Standard (AES).
He worked at NASA on Voyager II, Galileo and IRAS projects, where he won the Award of Excellence.
He has consulted for hundreds of companies including Intel, AT&T, Boeing and Microsoft where he was asked to transition the SQL Server to the web and also co-authored a book.
David is fluent in 100+ programming languages and holds a Bachelors Degree from Life Pacific College, taught Computer Science at the University of Nevada-Reno and has several software certifications from the NASA Jet Propulsion Laboratory.
Incubating USD$1bn+ in value creation as well as, the founder of the GSN Smart City Blockchain.
A full-stack software development company focused on database and Blockchain technology
Asif Adatia is the Chairman’s Advisor ~ Strategic Trading Platforms for ICON. Asif is a seasoned technology professional having over 28 years of experience at top tier investment banks. Asif had numerous leadership roles at Goldman Sachs including being part of the executive management team that setup Goldman Sachs India.
Asif graduated from Imperial College London, with a BSc(Eng) in Computer Science.
He was responsible for the transformation of the trading platform and creating the award winning mobile and web and trading platform.
Responsible for transformation of the business from various legacy and out-dated platforms to a scalable, low latency automated platform.
Once again transforming the business platform from out-dated legacy technology to modern, scalable, cloud based technologies, future proofing the bank and allowing a much simpler architecture and the ability to make change and innovate at a much lower cost.
George Kanaan is the Chairman’s Advisor ~ Strategic Arab Financial Institutions for ICON. George has been CEO and Director of the Arab Bankers Association in London since August 2009. The Association issues publications, conducts events and generally serves as a professional focus for Arab bankers in London, as well as to those working in Europe and across the Arab world.
Mr. Kanaan has been involved in banking and finance for most of his professional career and served in many capacities with Citibank and First Chicago. In London, he created and managed The Saudi American Bank branch and an associated investment company SCMI. He has written extensively on banking and finance and serves on the board of a number of Financial and Industrial companies.
Mr. Kanaan studied at the American University of Beirut, Carnegie-Mellon University, the University of Bridgeport and the Harvard Business School.
He holds degrees in Engineering and Business Administration.
Ali Rupani is the Chairman’s Advisor ~ Strategic Sovereign Wealth. Having spent 15 years in Investment Banking, 10 years at Goldman Sachs and 5 years at HSBC previously. Ali developed deep FICC (Fixed Income, Currency & Commodities) relationships across Sovereign, Institutional, Corporate and Family Office Client bases in various Emerging Markets with primary focus on the Middle East and Africa.
Mr Rupani graduated from University College London (UCL) with a BA (Hons) in Philosophy and Economics.
Peo Stromberg is the Chairman’s Advisor ~ Strategic Partners EMEA for ICON. Peo is a seasoned entrepreneur with 30 years experience in a broad range of technology industries with focus on business development. With a reputation for a deep understanding of the technology landscape, Mr Stromberg has been focusing on creating innovative synergies utilising a combination of cutting edge Blockchain, next generation sensors and asset backed smart contracts.
Mr Stromberg is currently Head of Strategic Partnerships, MENA region, at Hedera, the 4G Blockchain. He was also: CEO of record and publishing companies, working with business modelling on leveraging of IP rights. Peo also developed new streaming media formats for 3G Mobile Operators creating financial windfalls for participants including at MyQuran, which won industry several awards. Mr Stromberg is also active in leading and securing multi million financing deals for luxury condominium conversions. Mr Stromberg was Head of Innovation at Sweden’s fastest growing and most profitable IT Consultant where he established an extensive network in the Middle East and Southeast Asia. He is now based in Malta.
Mr Stromberg studied Programming and Business Economy at the University of Stockholm.
Ted Baker is the Chairman’s Advisor ~ Strategic Derivative Products. Ted has spent over four decades working in leadership roles in the financial services industry
where he developed an expertise in Specialist Trading, OTC Trading, International Sales Trading, Options and Equity Derivatives, Agency Equity Trading and Correspondent Clearing Services for Broker Dealers. He provided infrastructure outsource solutions, client accounting, end customer client and dealer information and business process platforms, electronic interfaces with hundreds of preferred financial product service providers and industry utilities, a broker neutral mutual fund platform and a comprehensive global securities execution and settlement platform.
Ted was Chairman of Pershing, a BNY Mellon company where he was responsible for oversight for all types of Agency trading desks including Equity Specialist, OTC and Fixed Income and Proprietary Trading activities and served on the Executive Committee of largest global financial services outsource provider. During his leadership, Pershing transformed the operating model of the financial services industry allowing over 1000 partners and clients including: broker dealers; banks; mutual funds; RIA’s; and independent money managers to leverage the Pershing platform to eliminate legacy inefficiencies and stale business models and focus on their core competency, resulting in dramatically improved financial performance.
Ted was also a Principal and CEO of Olson Global Markets, an independent research provider to the “Who’s Who” of portfolio managers including: Fidelity, Blackrock, Mass Mutual, Putman, Alliance, etc. Ted has served as: Past Vice Chairman of PHLX; Chair of SIA Options and Derivatives Committee; Board Member of Options Clearing Corp.; Options Advisory Committee – Montreal Stock Exchange; NASD Options Committee and the CBOE Retail Advisory Committee.
Ted graduated from Carroll University with a BS in Business Administration and went on to serve his alma mater as Vice Chairman of Board for close to 8 years.