LondonCoin (LDX/LDXG)

The LondonCoin Ecosystem will create a revolutionary value chain by Inter- linking a cryptocurrency with real value, backed by gold, with real world commerce.

LondonCoin will be an open, fast and fair decentralized public ledger built using Babble Core consensus, which is a new generation DAG.

LondonCoinGold (LDXG) will be minted to replace 100% of current LDXG on the new consensus core "Babble". Currently LDXG exists as an ERC20 token on Ethereum.

New Generation Distributed ledger technology (DLT) based on DAG (Directed Acyclic Graph) algorithm
Can be widely accepted and adopted across every industry and geography
Ideally suited to be the world’s first mass-adopted public distributed ledger
Can be supported by a vast array of applications
Patent pending proprietary technology designed to utilize cryptocurrency in real commerce environment
Planning to work with Babble core for minting LDXG

LDX Token Features

Physical gold is accumulated and controlled in a ‘reserve only’ by LondonCoin Systems foundation in Switzerland

10% of profits from ABM Systems, Ltd as well as affiliated units are allocated to increase gold reserve

LDX price is controlled and stabilized as gold reserve are not owned by LondonCoin Systems, Ltd, but LDX holders

LDX holders can exchange the cryptocurrency with actual gold

To stabilize the LDX price, LDXG will be minted to be exchanged with LDX 1:1 until the price stabilizes

Value of gold held

ABM Wallet

- Transfer crypto currencies with three easy and secure steps:

1. Enter telephone number of receiver
2. Enter type of crypto currency
3. Enter the amount

- Settlement is done with a credit card like VISA/MasterCard

- Secured by facial and/or fingerprint authentication to unlock the wallet as well as transferring the crypto currencies

ABM Anti-Counterfeiting System

- For each product, a NFT (Non-fungible token) is issued on the ABM blockchain. Transfers of the token reflect the change of ownership of the product, for example from manufacturer to regional wholesaler, then from regional wholesaler to local distributor from local distributor to retailer and finally from retailer to consumer.

- All of these transfers are visible on the blockchain

- These transfers will occur based on precise business rules, as defined by the manufacturer. For example, scanning in the final (consumer) QR code will automatically transfer the NFT to the consumer.

- In addition to transfers, the results of location checks will also be added to the blockchain. These will show that a product has been seen at a given time at a certain location.

LondonCoin Business Model

Insurance Industry

- Airplane accident coverage insurance on Blockchain

- Covers only death caused by airplane accident to provide supplemental coverage, not to compete with current flight insurances.

- Guaranteed within one day payment from the accident.

- Payment choices of mileage, fiat currency or Bitcoin to start which LDX will be included when LDX is traded on major exchange.

- LDX can be exchanged with gold at London, Dubai, Singapore, Toronto, and New York

- Backed by 100 million LDX for guaranteed payment

Game Industry

- Blockchain game publishing platform

- Blockchain based game independent item trading tools to be traded any time, anywhere, and any devices

- Re-usable game assets

- Minimum game player acquisition cost

- Plan to deploy with major Korean game publisher

- LondonCoin(LDX) to be used as flexible game promotion item for existing games, and built in features for the new games

Team

BK BRIAN KIM
Founder

Seasoned Executive experienced in IT, telecom, semiconductor, and fiber-optics. Active in Korean politics including Vice Chairman of Democratic Party. MS in Industrial & Systems Engineering from San Jose State University, San Jose Calif USA

Dr. Myongsu Choe
CTO

Experienced Professor with a demonstrated history of working in the telecommunications industry. Skilled in Computer Science, Deep Learning, Distributed Algorithms, Augmented Reality (AR), and Machine Learning. PhD in Computer Science from McGill University.

JG Lim
sr. VP

Expert in VoIP and billing systems as well as various IT projects with C++, Java, and other programming languages. MS in Computer Science from National KyungBuk University.

MoonWoong Lee
CMO

Marketing experts in e-commerce as well as other technology based projects as well as active in Korean political democratic party including the Presidential election camp with the current President elect Moon Jae In. BA in International Trade from Inha University

Dr. SeokHee Lee
CFO

Developed global business at Hanseoul Corp as well as business R&D at Korea Telecom, along with real estate development projects in Korea. PhD in Economics from University of Maryland.

Dr. Steve JH Park
CSO

IT strategy expert encompassing telecom and games with Korea Telecom and Samsung Electronics. PhD in IT from Mokwon University

Sungil Kim
Sr VP, Marketing

International marketing expert with various commodities with Vietnam and USA including COVID19 kits. BA Kyunghee University

Lucas Foster
Sr VP, Strategy

Precious metals specialist, investor, visiting professor, digital media & content developer.

BA in International Studies, UC San Diego, Calif. USA

SungChul Kim
Legal Counsel

Lawyer in Korea with many commercial and private litigations with branches in the Philippines and Vietnam. BA, Seoul National University.

Advisors

Dr. ChoonSik Kim
Advisor

Vast IT and Telecom Experiences with ETRI (Auditor General), Korea Broadcast Commission (Director), Korea Telecom (Director, New Business), Visiting Professor Seoul National Univ.) PhD in Management Science/MA in Economics, Stanford University. BA in Law/BS Electronic Engineering, Seoul National University, Korea.

Keith Rabin
Advisor

Extensive public-private sector experience as a manager and consultant with substantial expertise in economic, trade, business and investment development and promotion, research, public relations, public affairs and event management serving governments, corporations, development agencies, financial institutions, associations and service firms. MS from Columbia University

Martin Arrivets
Advisor

Entrepreneur and software engineer with a focus on blockchain and distributed systems. Creator of the Babble blockchain middleware and of EVM-Lite. Developed MONET, an open-source infrastructure for distributed mobile peer-to-peer applications. Martin holds an MS in Financial Mathematics from University of Chicago

Address

Kemp House
160 City Road
London EC1V 2NxX

Info

LondonCoin Systems Ltd is incorporated in England with the Number 13249829

Links

LDX Token
ABM Wallet
ABM Anti-Counterfeiting System
Business Model
Team