Celebrating 10 years right here

In January 2018, I celebrated another milestone that didn’t cross my mind, this personal website/blog is 10 years old, having being founded and started in January 2008. This 10 years milestone completely slipped my mind until fellow photographer Joseph Goh congratulated me on LinkedIN, I login and checked and I read “Celebrating 10 years at www.tangenghui.com”.

It was like déjà vu, a bit like Star Wars: The Force Awakens (almost)! This dawned upon me that I had been writing over a period of 10 years, it was just like the blink of an eye, when I first started writing on my personal website/blog in January 2008. Looking back and reflecting on my past 10 years here, while I am celebrating my personal milestone, my personal website/blog is the less well-known websites/blogs that I currently manage. On the other hand, a lot of my most in-depth personal thoughts, views, feelings and emotions were penned down and published here.

This personal website/blog of mine is not a glamourous nor colourful or flamboyant website. It’s all about personal growth, personal development, entrepreneurship, business, finance, social media, information technology news, products and devices announcements/updates, social causes, sports science and training.

What’s next for the year ahead in 2018? I always set a personal goal to improve on my level and quality of content/topics published here inside my personal website/blog. I am going to make some changes (some subtle, some might be distinct) reflecting the growth and maturity in my writing over the past 10 years.

Celebrating 10 years right here, striving forward and marking my timeline ahead in the near future for my next milestone.

To all my readers and supporters over the past 10 years, I sincerely thank you from the bottom of my heart, for faithfully reading and supporting a “boring” personal blog/website.

Setting my Goals for year 2018

I have been setting my goals for the past few years (probably 10 years or more if I recalled correctly), yet when I looked back and searched for my goal settings articles, it was like all over the place inside here, maybe under a different heading and different stages in my life and timeline.

Today, I would be writing and sharing on my personal goals settings for the year 2018, my goal settings for my photography business, personal photography and travel would not be published inside here, they should be published soon.

Over the past month, December 2017, I did quite a fair bit of personal reflection, preparing myself what I wanted to do and achieve for my goals in the year 2018. Some of my goals were more inner and personal goals than monetary or achievement goals.

  • Healthy and active sporting lifestyle (Disciplined exercise regime) – No excuses for myself, I had been lazy, slacking and ill-disciplined in this aspect. I need to get my lazy self up and exercising regularly and consistently again. With a healthy mindset, body, mind and soul, it would assist me in taking on all the challenges, stress and pressure of running a small photography business in an era of highly disruptive and competitive economy. Not to forget mentioning that being healthy and active is something that money can’t buy.
  • Read more books – Reading helps to soothe my mind, heart and soul, as well as adding knowledge, skills and understanding of things/matters in different industries, societies and people. I haven’t been reading more than I would love to. Moving forward in the year 2018, I want to read more books from a diverse nature and genres.
  • FOREX / Alternative Investments / Trading – These alternative investments areas were something that I embarked upon a few years back, however, I didn’t have the persistency and discipline to maintain and continue the journey due to a different direction and goals settings during that period of time. Thanks to Pro Traders Academy in 2017, I am back, revising and preparing to enter into these alternative investments again, building up a side income and funds for my future.
  • Learn new skills and knowledge – Learning is a lifelong philosophy and we must keep on learning and gaining new skills and knowledge, changing and adapting in this climate of constant and highly disruptive economy and society. I started using SkillsFuture in 2017 and I would continue to find new courses to learn new skills and knowledge, adding them to my existing skills and knowledge setup.
  • Avoid and stay away from negative and nasty people – I had seen my fair share of negative and nasty people, who just have a knack for imposing everything of themsleves on other people. There are times whereby they don’t want you to succeed, they want you to fail, their words are nasty and hurting. These type of people really affect me, while people beside me can easily said that I can don’t listen to them and let them affect me, I still got infected and got affected by them, resulting in some hindrance in my journey. The time has come to protect myself from the negative and nasty people by avoiding and staying away from them.
  • Decluttering + Minimalist – It didn’t occur to me how therapeutic it can be for me, decluttering the many physical items in my life. Sometimes, the human race is chasing a lot of physical goods and commodities, there’s no internal and emotional fulfillment at times. Decluttering started in mid 2017, when I did spring cleaning of my room, re-arranging of my cabinets before helping to rearrange some of the cabinets in my living room. There’s some progress, there’s still a lot of work to be done. Next up is Minimalist, would I ever be able to achieve it? I don’t know, to be honest. It’s like an utopia somehow, however, it can be done, the question is, do I want to achieve it?
  • Embrace change and disruption – Although I mentally, emotionally and psychologically prepared myself for change in 2017, the huge waves of changes and disruptions were even more higher and powerful than I initially prepared myself for. Year 2017 became another learning curve for me, I am telling myself and preparing myself again, to embrace change and disruption (reminder that it might even get bigger, higher and powerful than previous editions)
  • STOP Overthinking – It’s one of my flaws that I personally and publicly acknowledged. Taking the steps to stop overthinking, it might not be easy and I am taking the first step.
  • STOP Putting Myself Down – Many a times, I let the words of negative and nasty people into my head, mind and soul, the Bad Wolf started to eat me up inside, transforming into thoughts that made me put myself down. The time also come for me to put a STOP to this.
  • Ikigai – ????, this is something that I am going to discover myself and search for it, the reason.
  • The subtle art of not giving a f*@k – There are a few, maybe a number of people out there that I will not be giving a damn of what you say, comment, feedback or criticize. It’s not that I can’t take criticisms, feedbacks or comments. It’s not the same at all.

To some of you, this may not be the “standards” of goals settings. It’s not for you, this is for me and myself only.

Happy New Year 2018!

1st January 2018, the first day of a brand new year. It’s time for me to start a new chapter, a fresh new beginning, a fresh new start to the year 2018. With all the things that happened in years 2016 to 2017, it’s now over.

I would share briefly on my goals and plans for this year 2018 in another article, coming soon. Due to the amount of disappointments, failures, difficulties and challenges that I faced in 2016 to 2017, I must be nimble, ready for change and adapt as fast as I can.

I just want to wish everybody Happy New Year 2018, with compliments from my cute, adorable and fat family dog (I didn’t head out and take New Year Eve Countdown fireworks on 31st December 2017).

Happy New Year folks! Good luck and all the best in the year 2018!

2 zines for reading and inspiration

Many years ago, when I first started learning photography, I only thought of capturing moments through my photographs, I didn’t think beyond that. Likewise when I started writing/blogging in the blogsphere and social media platforms as the internet evolves in the past 10+ years, I didn’t think beyond publishing my articles/stories beyond the digital space.

During the journeys inside the blogging/social media/digital landscape, I learned new things, knowledge, skills and unearth my talents that I do not thought that I possessed. Meeting and knowing talented creatives in their own respective fields such as music, writing, photography … ete etc … opened up new adventures into a few new worlds.

One of the new worlds that I was opened to was in the world of publishing and printing. I am still learning and finding my way around it, some years back, I had a plan to convert my blog posts/articles into an e-magazine, somehow or another, due to lack of knowledge, fear, inadequate resources (I am a one person operation) and know how, I didn’t embark on it and this plan didn’t materalise. Fast forward a few years later after that, I visited Hokkaido during November 2014 and I came back, wanting to do more with my travel photographs. An inspiration and a huge personal goal was set, to produce my own photo book. This maiden journey was very exciting (stressful too) and very humbling, while the layout may not be the most “professionally” done, it was my through my hard work and determination, with some help from friends in the photography curation.

With this achievement, I was planning to advance further. Life sometimes never makes things easy for everyone of us, circumstances and life situation changes from 2016 to 2017. These two years were some of the toughest life lessons that I ever have till date. If you had been following my articles here, you would know what happened between 2016 and 2017.

Walking down this lonely road from 2016 to 2017, I picked myself up from the rock bottom and decided to move on, learn more, improve more and challenge myself more (it wasn’t a smooth journey at all, it was slow, difficult and tough). Along the way, I saw posts by creative industry friends based in Tokyo, Japan, on publishing their zines. I followed their updates and developments, soon, I am going to fulfill my goal of publishing my own zines, most likely photography zines. Some years back, I did have a goal of publishing my own zine, something that I did not embark upon.

In the blink of an eye, I got 2 zines from Craig Atkinson and Fernando Gros, in front of me right now, giving me the inspiration on how I want to go about producing and publishing my own zine in year 2018. The style, flow, type of my zine is still in the midst of planning, I won’t be revealing or announcing much as stage in time.

Let me present to you the 2 zines that I just received

By Craig Atkinson

Website

Twitter

Instagram

By Fernando Gros

Website

Twitter

Instagram

If you are into self publishing and zines, do check out their works by my 2 friends!

Looking forward to year 2018 with one of my goals is to publish my own zines.

1st December 2017 – Time to reflect and plan

Time flies, too fast too furious. In the blink of an eye, 11 months have gone by in the year 2017 and today is 1st December 2017. As I start counting down to the end of 2017 and I will be very happy to bring a closure to year 2017. For those who have been following my updates via my article posts here, thank you for following, reading and supporting me along this journey.

This journey that I embarked on, was much much more tough and difficult than I prepared myself for. Behind all the scenes, I hide my pain, sorrow, stress and pressure from some friends, some people. Having to deal and handle people who passed on (6 people in a 1 year time frame from 2016 to 2017 if you had been following and reading my stories here), a very emotionally and mentally draining life experience and journey.

Taking the first step to reflect year 2017, wrapping up year 2017 and planning ahead for year 2018. Changes will take place, new strategies and directions. While it might not be too private and confidential, it will not be too openly shared, might not even be shared at all.

One of the areas that I am working on is my computer workstations setup for year 2018

  • Photography workstation
  • Business / Admin / Digital / Social Media marketing workstation
  • Trading / Forex investing workstation
  • Tablet
  • Photography printer
  • SOHO printer
  • Monitor (For photo editing and trading)

Business development directions and strategies, it’s still in the thought and planning process (some preliminary, some advanced, some still thinking further ahead). I am most likely not (and unlikely) going to share much into them. Not so much of competitors or copying, it’s more of keeping the “big loud noises” around me out of my ears, I need anti-noise cancellation in-ear monitors.

Next year 2018, I am going to upgrade myself, gain more new skills and knowledge, looking into these few areas:

  • Advanced drone flying
  • Learning videography and short film making
  • Improving and learning photography genres that I haven’t embark on
  • Learning Adobe Photoshop

There are many people out there whose full time job is to judge and criticise other people, telling other people what to do, how to do, when they themselves are not in the other person’s shoes and situation, as well as, thinking that they have/are successful and more knowledgable than others when they are not and they have not.

Why can’t we spend the time to upgrade and improve on ourselves, knowledge, skills and experience, instead of spendng time to judge and criticise people?

Imagine a society with citizens constantly and willingly upgrading their skills and knowledge. We worry less about disruption and displacement. Together, we can make a difference to the future ahead in many different ways possible.

Alright, it’s time to wrap up, finish my backlogged technology related articles, get my photographs uploaded into my Flickr, 500px and Tan Geng Hui Photography portfolio websites.

In our current world and society norms today, if you are still reading up till this last paragraph, thank you for taking the time to read my article that I wrote. Considering our attention time span is probably a minute or less, it really takes something to read an article online (or a hard copy book) today.

Singtel first in Asia to launch Razor Phone

A smartphone that has attracted a lot of interest in the market, a smartphone by gamers for gamers. The Razor Phone is coming to Asia, with Singapore being the first in Asia to get the Razor Phone through Singtel.

SITEX 2017 is taking place this coming weekend 23rd November to 26th November 2017 at the Singapore EXPO Halls 7 & 8 from 11am to 9pm daily. If you are keen on the Razor Phone, head down to Singtel booth at SITEX 2017 and you can take a look at the Razor Phone! At the Singtel booth, you can pre-order the Razor Phone!

For gamers by gamers, the Razor Phone is going to interest you, getting your attention! Share this wonderful news with your fellow gaming friends and community, pass it on this Razor Phone news!

Let me share more information below –

Singtel, the exclusive carrier partner of Razer Phone, will unveil the highly anticipated Android smartphone, at its SITEX 2017 booth on Thursday, 23 November, providing customers with a first look at its groundbreaking features. Customers will be able to pre-order the device at the booth and stand the chance to win limited Razer premiums.

Singtel is celebrating the launch with days of exciting activities and giveaways.

  • The first 200 customers in line for pre-orders at the Singtel booth will receive a Razer Hammerhead Bluetooth Headset worth S$169. On each day of SITEX 2017, 50 lucky customers who visit the booth to try out Razer Phone will receive a Razer premium.
  • Avid gamers can also try their hand at a mobile gaming challenge, where the top scorer of the day will win a Kraken Pro v2 Gaming headset.
  • One lucky winner with the best Facebook selfie post taken at the Razer photo wall, will walk away with Asia’s only Razer Phone Special Edition emblazoned with Razer’s iconic green triple-headed snake logo.

Pre-orders for the Razer Phone are available at the Singtel booth during SITEX 2017, Singapore Expo, Hall 7, Booth 7D25. Doors open at 10.30am, Thursday, 23 November 2017.

Thereafter, Razer Phone will continue to be available for preview and pre-order at all Singtel Retail Shops and Singtel Exclusive Retailers until launch.

* Information and picture courtesy of Singtel Corporate Communications *

20th November – Remembrance + Other Updates

Today on the 20th November 2017, it’s a day of significance and rememberance for me.

Remembrance Day

Exactly 1 year ago on 20th November 2016, my paternal grandmother passed away at a ripe old age of 99 years. My matriarch had always been the pillar and foundation of the extended family, someone that I had the utmost respect and admiration. Her sharpness, observations, along with her meticulous nature, were some of the life skills set that she had passed on down to her future generations, I am one of those that inherited those traits of my grandmother!

While her anniversary will be based on the Chinese Lunar Calendar (early December for year 2017), I used both calendars to remember her and what she did for the entire family under leadership and guidance. While it had been a year, we all missed her.

Other Updates

Collaboration project – Love At Second Sight

For the past few weeks, I was involved in a collaboration shoot with my friends Tiffany and Peps, for their Love At Second Sight short films project. I was shooting behind the scenes and another segment on lifestyle product shoot. Shot over a 4 days period in a two weeks time frame, I had a great time, tiring at the end of the day, managed to capture some really nice photos, for the short films, on behind the scenes, for marketing and publicity. Keep a look out for Love At Second Sight short film on Tiffany and Peps FB page, as well as my FB page for more updates!

Editorial Coverage

Editorial coverage for some of the events that I attended, in technology, lifestyle and musuems events, my coverage had been slower than I would like it to be. I promise to get my backlogged editorial coverage published and shared in the coming 2 weeks. Thank you to all for your understanding.

95th Dinner Anniversary Celebrations

95 years is not a small milestone and I am very happy to be part of this celebrations and this special family, the Gan Eng Seng Dragon Scout Group, along with my old boys and girls club a.k.a Dragon Chapter. I hope to share more photographs and stories soon, it’s just a small shout out first! 95 not out, next monumental milestone, 100! Onward Dragon Scouts!

Marketing, branding, publicity, partnerships and collaborations

An era of disruptions, more to come in the years ahead, running a business has changed, my personal opinion and view is the traditional ways of running a business may not be that applicable, adapt, change, disrupt or get left behind in this fast and furious pace. Redefining, reorganising and restructuring my business, building up more partnerships and collaborations with different groups of friends.

Some inner most private thoughts

It had been a very tough two years for me, if you had been reading my stories and updates from 2016 till today in 2017. All these life experiences shaped my in many different ways and aspects. Losing 6 people from your life within a 1 year time frame from 2016 to 2017 had quite a big impact on me. At times, when friends were celebrating their happy milestones, big travel holidays, delicious expensive restaurant food on a weekly basis, I just kept quiet and hide away.

Running a small business in this year, are more long long stories to share, some of my stories on running a small business, you might have read in my updates/stories along the way. I leave this segment for my future story telling and sharing.

As a photographer, I faced quite a number of times of unpleasant comments, remarks, sometimes dislike, sometimes asking u along the line of “when are u going to fail”. To receive credits and acknowledgement from friends, partners and supporters for the photography works that I do is a blessing.

There are times when not everything is about $$, it’s about giving thanks, gratitude, giving back and pay it forward! Giving back to my alma mater Dragon Scout Group is one of them.

Tough times never last, tough people do. A constant reminder to myself, be thankful and grateful for everything that I have at this point in time, stay humble and grounded. Keep learning and improving.

Singtel launched Apple iPhone X

The Apple iPhone X was a highly anticipated smartphone in the Singapore market when it was first announced by Apple in California. The iPhone 8 and iPhone 8 Plus first arrived into the market, followed by the iPhone X. Although I am in the midst of upgrading from my iPhone 7 Plus, I am quite curious to see, feel and touch the iPhone X.

On the morning of 3rd November 2017, I attended Singtel’s launch of the eagerly anticipated Apple iPhone X at ComCentre, catching the official launch and the first Singtel customer to get the much coveted iPhone X from Singtel.

Mr Wang Wei Hong, 33, arrived at Singtel Shop Comcentre at 6am this morning, making history as the first Singtel customer to get the much coveted iPhone X. The bank service manager is a huge Apple fan – he has every iPhone model made and also queued up early to be third in line for the iPhone 8 Plus when it was launched two months ago in September.

Mr Wang purchased the 256GB iPhone X in Space Grey and is most excited about its “all screen” design and the “optical image stabilisation” feature on the smartphone’s cameras.  He added, “I’ve taken the day off and will spend time exploring all the features of my new iPhone X”.

There was high demand for the iPhone X among Singtel customers, with pre-order stocks snapped up in minutes. Singtel customers who pre-ordered successfully will be collecting their iPhone X at a special three-day iPhone X launch event at Singtel Shop Comcentre.

Customers who are interested in purchasing the iPhone X can check for updates on availability at www.singtel.com/iphone.

* Information courtesy of Singtel Corporate Communications *

After the official Singtel iPhone X launch was over, I stayed around for a while more with fellow tech blogger friend Hisham, to check out the features of the iPhone X, trying it out, testing the video quality, comparing the size and features of the iPhone X with my iPhone 7 Plus. Thanks to Hisham for posing with the iPhone X and helping me with holding the iPhone X and my iPhone 7 Plus together for comparisons!

I am probably going to continue and stick it out with my current iPhone 7 Plus (still working good) for now, till my 2 year Singtel contract expires next year and I shall wait for the next iPhone model.

If somebody is going to give me an iPhone X as a Christmas (December) + birthday (January) gift for me, I will accept it with open arms!

Huawei Mate 10 series launched in Singapore

The Huawei Mate 10 Series smartphones are now in Singapore! On October 26, 2017, it was officially launched in Singapore at a prestigious event at the Funan Showsuite. I had the opportunity to touch, feel and try out the Huawei Mate 10 series smartphones during the official launch, asking questions on the Huawei Mate 10 series smartphones and listening to the presentations by Cheng Jiangfei, Country Head of Huawei Singapore, Consumer Business Group (CBG) and Clement Wong, Director, Product Marketing, Huawei CBG.

Earlier, I shared about the official news on the Huawei Mate 10 series launch in my article here. For this article, I am going to share more on the pricing and availability as well as some personal views and thoughts on the Huawei Mate 10 series smartphones from my very short hands on experiences during the official launch.

One exciting news for those who are eagerly waiting for the Huawei Mate 10 series smartphones, Singapore will be the FIRST country in the world to officially launch the Huawei Mate 10 Pro for sale!

“We are dedicated to our Singapore customers, which is why they will be the first in the world to be able to purchase and experience the HUAWEI Mate 10 Pro smartphone,” said Cheng Jiangfei, Country Head of Huawei Singapore, Consumer Business Group. “With breakthroughs in AI, our customers will quickly realise why our new HUAWEI Mate 10 Series devices are the best smartphones of 2017.”

During the official launch event, we were taken through five experiential zones to explore and discover the Huawei Mate 10 Series ultimate camera, experience, power and speed.

Experience 1: Intelligent Photography

Expanding on Huawei’s partnership with Leica, the HUAWEI Mate 10 Series’ dual lens camera is now further enhanced using AI through Real- Time Scene and Object Recognition. The camera is able to detect up to 13 different objects and scenes and intelligently optimises picture settings to deliver unbelievable image clarity.

Experience 2: Intelligence Smartphone Experience

Powered by Huawei’s all-new Kirin 970 processor, the HUAWEI Mate 10 Series incorporates AI enhancements that deliver a speedier, more user-friendly mobile experience. One example is the real-time text translation across a wide range of foreign languages that does not require an Internet connection. Simply take a picture of the text and the translation will be completed without the usual delay that is attributed to a phone requiring an Internet connection.

Experience 3: Replace your PC with Easy Projection

The HUAWEI Mate 10 Series provides a ‘plug-and-play’ virtual PC experience with the Easy Projection feature1. Simply connect a display, keyboard and mouse to the Mate 10 Series smartphone, using an optional USB-C-to-HDMI cable or adapter, to recreate a seamless PC experience on-the-go. The feature is great for making presentations, sharing videos and even updating spreadsheets. During projection, personal notifications, calls and messages are kept on the smartphone device to prevent potential embarrassments and distractions.

Experience 4: Speed and Stamina with SuperCharge

The HUAWEI Mate 10 Series packs a best-inclass 4000mAh high-capacity battery and features a smart battery management system that understands user behaviour and intelligently maximises battery life. The HUAWEI SuperCharge technology ensures safe end-to-end charging and has been certified to the highest standards by TÜV Fast-Charge Safety Certification.

Experience 5: Porsche Design Gallery

The PORSCHE DESIGN HUAWEI Mate 10 offers the ultimate in luxury and performance. The gallery showcases Porsche Design’s legendary aesthetic craftsmanship coupled with Huawei’s mobile engineering expertise via an infinity display.

I didn’t manage to experience all the five experiential zones to discover and explore the Huawei Mate 10 Series smartphones. I went to the two experience zones that I am most interested in – Intelligent Photography and Intelligence Smartphone Experience.

Personal thoughts and views on the Huawei Mate 10 series smartphones

  • Although it was a very short hands on time with the Huawei Mate 10 Series smartphones, I reckon the AI powered Huawei Mate 10 Series smartphones would make it easier for us in our daily life, during work or leisure time.
  • From reviewing (to owning) the Huawei P9 smartphone, this was the one (for me) that sets the foundations and standards for the subsequent Huawei dual lens camera smartphone models in the Huawei P10 series and Huawei Mate 10 series. After recently reviewing the Huawei P10 Plus, I saw the improvements in the overall aspects of the Huawei dual lens camera smartphone software technology and hardware. The dual lens camera inside the Huawei Mate 10 series smartphones co-engineered with Leica, is just getting better.
  • The Porsche Design Huawei Mate 10 Pro is really sleek and beautiful, showcasing the quality and aesthetic craftsmanship of Porsche design and Huawei’s engineering expertise. However, the price is way out of my budget.
  • Personally, I would prefer the Huawei Mate 10 over the Mate 10 Pro because I can put a Micro-SD card inside the Mate 10. This would allow me to store my photographs separately without taking up my smartphone storage (from a photographer perspective).
  • It would really be nice that I have choices to upgrade from my current Huawei P9, to either the Huawei P10 Plus or Huawei Mate 10. It would be even more awesome if I can upgrade to either one of them now although I am contemplating whether I should hold it out for an AI powered Huawei P11 series smartphones (Yes, I am currently speculating into the very near future)
  • Oh yes, if you are a business user, planning to own a Huawei smartphone, the Huawei Mate 10 series is definitely worthy for your consideration!

Pricing and Availability in Singapore 

HUAWEI Mate 10:

The HUAWEI Mate 10 will be available for sale in Singapore from October 28, 2017, in two colours, Mocha Brown and Black.

HUAWEI Mate 10 Pro:

Singapore will be the first country in the world to officially launch the HUAWEI Mate 10 Pro for sale. It will be available in two colours, Mocha Brown and Midnight Blue. The Mate 10 Pro in Mocha Brown will be available in stores and online retailers from November 11, 2017, while the Mate 10 Pro in Midnight Blue will be available in stores and online retailers from November 25, 2017.

PORSCHE DESIGN HUAWEI Mate 10:

The exclusive PORSCHE DESIGN HUAWEI Mate 10 – in its signature Diamond Black finish – will be available for sale in Singapore from November 24, 2017.

Huawei Mate 10 Huawei Mate 10 Pro Porsche Design Huawei Mate 10
Colours Mocha Brown

Black

Mocha Brown

Midnight Blue

Diamond Black
Memory 64GB ROM + 4GB RAM 128GB ROM + 6GB RAM 256GB ROM + 6GB RAM
Price (Incl. Tax) S$888 S$1,098 S$2,298
Availability October 28, 2017 Mocha Brown: November 11, 2017

Midnight Blue: November 11, 2017

(previously November 25, 2017)

November 24, 2017
Where to buy Huawei Concept Stores

• Telcos: M1, Singtel and StarHub Stores Islandwide

• E-commerce: Lazada.sg

• All Major Consumer Electronic Stores (Best Denki, Courts, Harvey Norman and Sprint Cass) and Selected

Huawei Authorised Resellers

Huawei Concept Stores

• Telcos: M1, Singtel and StarHub Stores Islandwide

• E-commerce: Lazada.sg

• All Major Consumer Electronic Stores (Best Denki, Courts, Harvey Norman and Sprint Cass) and Selected

Huawei Authorised Resellers

Selected Huawei Concept Stores

• E-commerce: Lazada.sg

• Sprint Cass Outlets

Within Changi Airport Transit Areas

* Information courtesy of Huawei Consumer Business Group Singapore and Allison+Partners *

 

Copernicus Gold launched digital payments system linked to gold

One of my previous professional working experiences was in the financial advisory industry. While my professional training was in financial planning and advisory, I was also exposed to alternative investments in the financial industry that were of strong interest to me too, one of them was gold investments.

This area of gold investments, is probably not as well publicised nor well known to the public. It is not as widely and openly traded in the mass consumer markets versus at the institutional level. Nonetheless, I reckon there are a small group of consumers in the market who have invested in gold and there are more who wish to have started investing in gold investments.

Most recently, I received information on this new company Copernicus Gold setting up their headquarters office in Singapore. I was very interested to learn more about them, a combination of a traditional alternative investment product (gold) with modern technology using Blockchain.

In my article, I am sharing more about Copernicus Gold and their new digital payments system linked to gold. Please do your own due diligence, read up more about investing, alternative investing, gold investments before you start any form of investing in the financial markets.

I have started to read up more about them and what they do, they have a pretty good FAQ on their website for those who have queries in your mind on what they do and how they do it. Personally, I hope to learn more in-depth about them and share more articles on investing in gold, that is now more openly available and easier to do in Singapore.

If you like to know more about Copernicus Gold, check out the various Copernicus Gold links below to their website and social media channels:

Let me share with you more about their new digital payments system linked to gold from their press release information below:

Copernicus Gold offers a reliable global system for gold trade that is simple, of mass, and is cheap; solving, for the first time, Gresham’s Law which states that ‘bad money drives out good’.

For instance, if there are two forms of commodity money in circulation and both are accepted by law as having similar face value, the more valuable of the two will disappear from circulation. For example, from the 1920s to today, fiat currency drove out gold backed currency, simply because a few who could have wanted to own all the gold.

By developing formulae based on a strict mathematical statement of the necessary size of the company’s gold reserve, Copernicus Gold has determined and been granted a patent by the US Patent Office for an algorithm that forms the basis of a global payments system business model, linking a digital asset or currency to a reserve of a commodity such as gold. The algorithm ensures that the reserve of the commodity is at an optimal level to fulfil all incoming orders, as well as to issue, and maintain in reserve, sufficient amount of that commodity, in this case gold, and currencies based on several general requirements.

Professor Vladmir Nikolaevich Frolov, the founder of Copernicus Gold says, “The mathematical model, or algorithm, accounts for the market price of gold, the bullions’ weight and other conditions. This ensures that the amount held in reserve is satisfactory for operational continuity, plus avoids the emission of unreasonably large or insufficient amounts of electronic gold.”

As such, Copernicus Gold has launched a global payments system of digital gold, which is linked to a store of gold bullion in Singapore. The system operates as a cloud-based multi-currency platform that issues digital gold in any measure, enabling anyone, anywhere, to acquire, save or pay with digital gold.

PATENT ISSUED

Copernicus Gold has successfully lodged and been granted a patent for its mathematical model by the US Patent Office. The patent was granted for a “System and method for issuance of electronic currency substantiated by a reserve of assets”. The invention is classified as an electronic currency and particularly, a system for, and the means of, using currency issuance and circulation, where the value of the currency is backed by a material reserve.

GOLD RESERVES

To substantiate the issue of digital gold, Copernicus Gold stores gold bullion in a vault at Freeport in Singapore.

Significantly, the speed at which transactions are made – the faster the circulation of funds – means that less gold is needed for the financial system’s operation.

Rapidly transferring payments offline (into bank accounts) decreases the need for circulating funds, which means less gold is needed and that the risk of failure to pay is avoided. Critically, this also relaxes the requirements of reserves of the commodity, such as gold, or any other commodity, as transactions that occur online take far less time to complete than those of existing payment systems.

In this sense, Copernicus Gold offers a revolutionary system to overcome Gresham’s Law, by providing a currency system that circulates gold.

BLOCKCHAIN

To enable operations, Copernicus Gold uses cutting edge, proprietary private blockchain to hold a transaction and financial instrument ledger with a powerful API that enables secure, transparent and safe real-time transactions at the speed of several hundred transactions per second, with the potential for greater speed.

The transactions are safe because there is no single transaction core in the blockchain. Instead, each node can potentially participate in processing transactions, which protects the system more than any system with a centralised core. Moreover, the authors of the system imposed the strictest known operation reliability and stability requirements on the system.

The company also offers open API that can be integrated into existing transaction systems and will permit fully automated payment settlements in digital gold.

SINGAPORE

Copernicus Gold chose to headquarter its operations in Singapore, as it is one of the world’s strictest jurisdictions for financial trade. The company operates as Copernicus Gold Singapore Pte. Ltd. which is registered as a stored value facility.

The CEO for Copernicus Gold Singapore Pte Ltd, Sergei Vozchikov says, “Copernicus Gold do not offer physical gold in exchange for payment. We do not issue loans or work in speculative markets, nor place client money in any tools. Instead, our system allows for transactions with two types of assets: digital gold and digital currencies (at present USD, EURO, SGD). The digital currency is linked to the currency kept in our bank accounts and similarly, the digital gold is secured by gold bullions kept in a vault in Singapore Freeport.”

“Moreover, your money is secure,” he adds, as “Being based in Singapore, we are required to identify our customers and conduct a financial monitoring procedure in full compliance with the requirements of the supervisory authorities.”

Copernicus Gold is available on the web, or as an iOS application for iPad and iPhone as well as an Android application for tablets and smartphones. The app can operate on any GSM phone as the system uses USSD (Unstructured Supplementary Service Data) to issue authentication codes.

* Information courtesy of Copernicus Gold *