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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>
</div>
{% endblock body_content %}