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11 {% include "common/navigation.j2.inc" %} 11 {% include "common/navigation.j2.inc" %}
12 <!-- Jumbotron --> 12 <!-- Jumbotron -->
13 <div class="jumbotron"> 13 <div class="jumbotron">
14 <h1>{{ _("Operate a Taler exchange!") }}</h1> 14 <h1>{{ _("Invest in Taler!") }}</h1>
15 </div> 15 <div class="col-lg-12">
16 <p>{{ _("We have created a company, Taler Systems SA in
17 Luxemburgh.<br>
18 Please contact <tt>invest@taler.net</tt>
19 if you want to invest in Taler.") }}</p>
20 </div>
21 </div>
16 <div class="row"> 22 <div class="row">
17 <div class="col-lg-4"> 23 <div class="col-lg-4">
18 <h2>{{ _("Efficient") }}</h2> 24 <h2>{{ _("The Team") }}</h2>
25
26 <p>{{ _("Our team combines world-class business leaders,
27 cryptographers, software engineers, civil-rights
28 activits and academics. We are unified by a vision
29 of how payments should work and the goal of
30 imposing this vision upon the world.") }}</p>
19 31
20 <p>{{ _("Taler uses efficient cryptographic primitives (such as RSA 2048 and 32 <p>{{ _("We are currently supported by Inria, the French
21 EdDSA) and is thus expected to be able to handle large transaction 33 national institute for research in informatics and
22 volumes, only limited by the input/output capabilities of the 34 automation, and the Renewable Freedom Foundation.") }}</p>
23 database. Thus, running a Taler exchange should be profitable even
24 with very low (less than 1 cent) transaction fees (at appropriate
25 transaction volume).") }}</p>
26 </div> 35 </div>
27 <div class="col-lg-4"> 36 <div class="col-lg-4">
28 <h2>{{ _("Secure") }}</h2> 37 <h2>{{ _("The Technology") }}</h2>
29 38
30 <p>{{ _("All transactions in Taler are secured using modern cryptography and 39 <p>{{ _("All transactions in Taler are secured using modern
31 trust in all parties is minimized. Financial damage is bounded 40 cryptography and trust in all parties is
32 (for customers, merchants and the exchange) even 41 minimized. Financial damage is bounded (for
33 in the case that systems are compromised and private keys are stolen. 42 customers, merchants and the exchange) even in the
34 Databases can be audited for consistency, resulting in either the 43 case that systems are compromised and private keys
35 detection of compromised systems or the demonstration that 44 are stolen. Databases can be audited for
36 participants were honest.") }}</p> 45 consistency, resulting in either the detection of
46 compromised systems or the demonstration that
47 participants were honest. Actual transaction costs
48 are fractions of a cent.") }}</p>
37 </div> 49 </div>
38 <div class="col-lg-4"> 50 <div class="col-lg-4">
39 <h2>{{ _("Business model") }}</h2> 51 <h2>{{ _("The Business") }}</h2>
40 52
41 <p>{{ _("The basic business model for Taler is the operation of an exchange. An exchange converts money from traditional payment systems (Mastercard, 53 <p>{{ _("The scalable business model for Taler is the operation
42 SEPA, Visa, BitCoin, ACH, SWIFT, etc.) to anonymous electronic 54 of the payment service provider, which converts money from
43 coins in the same currency. The customer can then redeem the electronic 55 traditional payment systems (Mastercard, SEPA,
44 coins at a merchant, who can exchange them for money represented using 56 Visa, BitCoin, ACH, SWIFT, etc.) to anonymous
45 traditional payment systems at the exchange. The exchange can then charge 57 electronic coins in the same currency. The customer
46 fees (to the customer, merchant or both) to facilitate the transactions.") }}</p> 58 can then redeem the electronic coins at a merchant,
59 who can exchange them for money represented using
60 traditional payment systems at the exchange. The
61 exchange charges fees (to the customer,
62 merchant or both) to facilitate the transactions.")
63 }}</p>
47 </div> 64 </div>
48 </div> 65 </div>
49 <div class="col-lg-12"> 66 <div class="col-lg-12">
50 <h2 id="overview">{{ _("Taler as seen by the exchange operator") }}</h2> 67 <h2 id="overview">{{ _("Taler as seen by the payment service operator") }}</h2>
51 68
52 <p>{{ _("The exchange operator primarily operates a Web service 69 <p>{{ _("The payment service operator runs a <em>Taler
53 portal and keeps databases with transaction details and 70 exchange</em>, which is a Web service portal that
54 cryptographic proofs. Its operational expenses are thus related to 71 keeps databases with transaction details and
55 its interactions with the banking system and the operation of 72 cryptographic proofs. Its operational expenses are
56 the computing infrastructure, while its income is based on 73 thus related to its interactions with the banking
57 transaction fees it may charge for the various interactions. 74 system and the operation of the computing
58 Key interactions of the exchange include: 75 infrastructure, while its income is based on
59 ") }}</p> 76 transaction fees it may charge for the various
77 interactions. Key interactions of the exchange
78 include: ") }}</p>
60 79
61 <p> 80 <p>
62 <img src="{{ url('images/exchange.svg') }}" alt="operator perspective" style="float: right; margin: 50px 5px 5px 5px;" width="50%"> 81 <img src="{{ url('images/exchange.svg') }}" alt="operator perspective" style="float: right; margin: 50px 5px 5px 5px;" width="50%">
63 </p><ul> 82 </p><ul>
64 <li>{{ _("Create a <b>reserve</b> based on an incoming 83 <li>{{ _("Create a <b>reserve</b> based on an incoming
65 wire transfer from a customer.") }}</li> 84 wire transfer from a customer.") }}</li>
66 85
67 <li>{{ _("Allow customers to withdraw (and refresh) 86 <li>{{ _("Allow customers to withdraw (and refresh)
68 digital coins from their reserve.") }}</li> 87 digital coins from their reserve.") }}</li>
69 88
70 <li>{{ _("Accept and validate deposits from merchants.") }}</li> 89 <li>{{ _("Accept and validate deposits from merchants.") }}</li>
71 90
72 <li>{{ _("Execute wire transfers to merchants in 91 <li>{{ _("Execute wire transfers to merchants in
73 response to validated deposits.") }}</li> 92 response to validated deposits.") }}</li>
74 93
75 <li>{{ _("Preserve and provide cryptographic proofs of 94 <li>{{ _("Preserve and provide cryptographic proofs of
76 correct operation for audits by financial regulators.") }}</li> 95 correct operation for audits by financial regulators.") }}</li>
77 </ul> 96 </ul>
78 <p></p> 97 <p></p>
79 </div> 98 </div>