Launch of GoldMoney for the iPhone
Summary
Concentric Sky founder Wayne Skipper said: "This technology allows individuals and businesses to easily exchange small units of gold and silver.Orders and payments are made through a secure online system and processed by GoldMoneys servers, which record transactions and store currency and metal balances."Gold is a globally-recognised form of money, so enabling its transfer on a widely-available mobile payment device like the iPhone is an important step in restoring golds traditional role as currency, using 21st century technology," said GoldMoney founder and chairman, James Turk.The application is one of the first electronic finance software programs that has been written for the iPhone, and the first mobile application that allows the direct exchange of bullion between individuals and businesses.Concentric Sky founder Wayne Skipper said: "This technology allows individuals and businesses to easily exchange small units of gold and silver.Orders and payments are made through a secure online system and processed by GoldMoneys servers, which record transactions and store currency and metal balances.