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.
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.
Discovered by embedding cosine similarity (sentence-transformers MiniLM, 384-dim).