Quahl
Sign in to saveQuahl ( ), formerly known as Initiative Q, was an attempt to create a new payment network and digital currency. It was created by Israeli entrepreneur Saar Wilf, who previously founded Fraud Sciences, a payment security company acquired by PayPal. Quahl is backed by Cato Institute economist Lawrence H. White. The initiative has indicated it will not take measures to evade state regulation.
Wikidata facts
- Instance of
- payment system
- Platform
- iOS
- Official website
- quahl.com
- Has use
- e-commerce payment system
Show 4 more facts
- input device
- touchscreen
- distributed by
- Google Play
- operating system
- iOS
- social media followers
- 91983
via Wikidata · CC0
~3 min read
Encyclopedic overview
6 sectionsContents
- Payment system
- Marketing and rollout
- Criticism
- Cessation
- References
- External links
Quahl ( ), formerly known as Initiative Q, was an attempt to create a new payment network and digital currency. It was created by Israeli entrepreneur Saar Wilf, who previously founded Fraud Sciences, a payment security company acquired by PayPal. Quahl is backed by Cato Institute economist Lawrence H. White. The initiative has indicated it will not take measures to evade state regulation.
==Payment system== Quahl's goal was to create a new payment system rather than replace payment cards and paper money. It is "creating a new currency (Quahl) and distributing it to anyone who helps speed up adoption." Quahl is not a cryptocurrency and is not decentralized, but will instead be overseen by an independent monetary committee, similar to a central bank.
Excerpted from Wikipedia’s “Quahl” article, available under the CC BY-SA 4.0 licence.