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Corporate
History
e-gold Ltd. Is a Nevis, West Indies company created to serve as the General Contractor responsible for performance of the e-gold Account User Agreement. e-gold under its charter is completely dissociated from the business risks relating to exchange. This clarity of roles further assures e gold's freedom from default risk and finality of settlement. e-gold was developed and deployed as an Internet payment system by Gold & Silver Reserve (G&SR), Inc., a Delaware Corporation in 1996. The e-gold roles of Issuance and Settlement were devolved to e-gold, Ltd. in January 2000. G&SR, Inc continues to
serve as the operator of the e-gold payment system. G&SR, Inc. also
offers its own innovative set of hybrid currency exchange services, known
as OmniPay. |
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| Founder
Dr.
Douglas Jackson - Founder In 1995, based on private study regarding monetary influences on credit and the business cycle he conceived of e-gold as remote payment system that did not require an obligatory financial intermediary. The e-gold system was deployed online in November 1996. In 1998, Dr. Jackson sold his interest in Florida Oncology to devote full time attention to the e-gold enterprise.
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