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{% extends "common/base.j2" %}
{% block body_content %}
<div class="jumbotron">
<div class="container text-center">
<h1>{{ _("Invest in Taler!") }}</h1>
<div class="col-lg-12">
<p>
{% trans %}
We have created a company, Taler Systems SA in
Luxemburg.<br>
Please contact <tt>invest@taler.net</tt>
if you want to invest in Taler.
{% endtrans %}
</p>
</div>
</div>
</div>
<div class="container">
<div class="row">
<div class="col-lg-4">
<h2>{{ _("The Team") }}</h2>
<p>{{ _("Our team combines world-class business leaders,
cryptographers, software engineers, civil-rights
activits and academics. We are unified by a vision
of how payments should work and the goal of
imposing this vision upon the world.") }}</p>
<p>{{ _("We are currently supported by Inria, the French
national institute for research in informatics and
automation, and the Renewable Freedom Foundation.") }}</p>
</div>
<div class="col-lg-4">
<h2>{{ _("The Technology") }}</h2>
<p>{{ _("All transactions in Taler are secured using modern
cryptography and trust in all parties is
minimized. Financial damage is bounded (for
customers, merchants and the exchange) even in the
case that systems are compromised and private keys
are stolen. Databases can be audited for
consistency, resulting in either the detection of
compromised systems or the demonstration that
participants were honest. Actual transaction costs
are fractions of a cent.") }}</p>
</div>
<div class="col-lg-4">
<h2>{{ _("The Business") }}</h2>
<p>{{ _("The scalable business model for Taler is the operation
of the payment service provider, which converts money from
traditional payment systems (Mastercard, SEPA,
Visa, Bitcoin, ACH, SWIFT, etc.) to anonymous
electronic coins in the same currency. The customer
can then redeem the electronic coins at a merchant,
who can exchange them for money represented using
traditional payment systems at the exchange. The
exchange charges fees (to the customer,
merchant or both) to facilitate the transactions.")
}}</p>
</div>
</div>
<div class="col-lg-12">
<h2 id="overview">{{ _("Taler as seen by the payment service operator") }}</h2>
<p>{{ _("The payment service operator runs a <em>Taler
exchange</em>, which is a Web service portal that
keeps databases with transaction details and
cryptographic proofs. Its operational expenses are
thus related to its interactions with the banking
system and the operation of the computing
infrastructure, while its income is based on
transaction fees it may charge for the various
interactions. Key interactions of the exchange
include: ") }}</p>
<p>
<img src="{{ url('images/exchange.svg') }}" alt="operator perspective" style="float: right; margin: 50px 5px 5px 5px;" width="50%">
</p><ul>
<li>{{ _("Create a <b>reserve</b> based on an incoming
wire transfer from a customer.") }}</li>
<li>{{ _("Allow customers to withdraw (and refresh)
digital coins from their reserve.") }}</li>
<li>{{ _("Accept and validate deposits from merchants.") }}</li>
<li>{{ _("Execute wire transfers to merchants in
response to validated deposits.") }}</li>
<li>{{ _("Preserve and provide cryptographic proofs of
correct operation for audits by financial regulators.") }}</li>
</ul>
<p></p>
</div>
{% endblock body_content %}
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