Copyright © 2019 MQCC™ Money Quality Conformity Control Organization, incorporated as MortgageQuote Canada Corp. www.mqcc.org
All Rights Reserved. No part of this publication may be reproduced without prior written permission from the publisher. For permission requests, please email info@mqcc.org.
Ebook Edition: August 2019
English Language
ISBN: ISBN: 978-1-9991884-7-4 (E-Book)
ISBN: 978-1-9991884-8-1 (Hardcover Book)
Published by MQCC™, Money Quality Conformity Control Organization, incorporated as MortgageQuote Canada Corp.
548 Rundleridge Drive NE
Calgary, Alberta T1Y 2K7
Publisher: A. K. (Anoop) Bungay
https://orcid.org/0000-0002-0297-4656
Registered trademarks of Bungay International Inc. and MortgageQuote Canada Corp. are used with permission.
Cover Image Credit: Sung-Kyu Ha (South Korea) & Pixabay.com: The Milky Way Boy is Original.
Citation: This document may be cited as: Bungay, Anoop. (2019). Origin of a Specie™. Calgary, Alberta: MQCC Money Quality Conformity Control Organization.
FSRA #12279. (Edit Version)
For Global Fiduciary Professionals including lawfully elected or duly appointed public officials, regulatory professionals and members of Top Management[1] of any sized public or private organization: from a one (1) person owner-operator to an organization with millions of employees; may your vision and the dreams of the global citizens whom you serve, come true.
To Mom, Darsho; my late Father, Chaman Lal Bungay; Wife, Deepti; and Rosmina Aneesh, Akshaay, Hemani and Aishwarya; my reasons to be. And, to my Nanke and Dadke (extended family); love you all. And to the country of my parents' birth: India; the country of my birth: the United Kingdom of Great Britain and Northern Ireland (UK); and the country of my children’s birth: Canada. Finally, thank you, too, Mr. Santosh Kumar Bungay; dad would be proud.
The Bungay Unification of Quantum Processes Algorithm also represented as the “Principles of ‘BlockChain’” meets Electronic Intellectual Property Distribution (EIPD™[2]) via Utility Token
Author’s Confirmation: The Chief Scientist of the United Kingdom of Great Britain and Northern Ireland (UK) is Correct about the Intellectual Property
On December 2015, Sir Mark Walport, Chief Scientific Adviser to HM[3] Government, noted in his introduction to the UK Government Office for Science publication, Distributed Ledger Technology: beyond block chain A report by the UK Government Chief Scientific Adviser[4] noted the following:
- Distributed ledgers [a concept subordinate to the “Principles of ‘BlockChain’”] can provide new ways of assuring ownership and provenance for goods and intellectual property[5]. [Emphasis added]
Sir Mark is correct about assuring ownership and provenance for intellectual property.
At its core, this document is an “intellectual property utility token”[6] (also known by the MQCC trademark brand name: InPUT™[7]) delivered to you, via a binary digit-based, global computer network transmission process, through a third-party service provider named Google LLC[8], a subsidiary of a company named Alphabet Inc[9] which has cloaked this utility token with a digital rights management (DRM)[10] subroutine.
So, here comes the Intellectual Property Rights notice in the “MQCC Age of BlockChain: ABC™,[11] [12]”
Intellectual Property Utility Token (IP-UT) Notice: MQCC InPUT™: Primary Source Document Notice in the MQCC Age of BlockChain: ABC™
NOTICE: This Intellectual Property Utility Token created by MQCC (MQCC InPUT™) serves as a primary source document for expressing historically accurate and current information on the subject matter contained herein. As a primary source document, the content is subject to change pursuant to the principle of “continuous improvement”, so the document is classified as a PSDD™ (PRIMARY SOURCE DYNAMIC DOCUMENT). Changes are made on an “ongoing basis”. This document is published by Anoop Bungay, Bungay International Inc. (BII™) and MortgageQuote Canada Corp. (MQCC™) as a matter of historical, commercial and intellectual property record. Calgary, Alberta, Canada.
NOTICE TO READER
You are about to read a document protected by copyright law in your country. The unauthorized reproduction or distribution of this copyrighted work is illegal and may be punishable by criminal law.
The document is a single-user, non-revisable portable document file (PDF). You are not permitted to download nor store this file on your personal computer beyond the rights licensed to you by Google LLC. Under no circumstances may the electronic file you are reading may be printed, copied, transferred, or placed on a network of any sort without the authorization of the copyright owners, namely Anoop Bungay, Bungay International Inc. (BII™) and MortgageQuote Canada Corp. (MQCC™).
This content of this file including: primary source data, original thought and applicable cited works, is fully protected by national and international copyright laws, and may not be photocopied or reproduced in any form. Under no circumstances may it be resold.
While all reasonable care is taken in the preparation and review of the content in this document, Anoop Bungay, Bungay International Inc. (BII™) and MortgageQuote Canada Corp. (MQCC™) do not warrant that the content of the document is accurate or up to date or that the document will be suitable for your purposes. Please remember: This document is published by Anoop Bungay, Bungay International Inc. (BII™) and MortgageQuote Canada Corp. (MQCC™) as a matter of historical, commercial and intellectual property record.
To the extent allowed by applicable law, in no event shall Anoop Bungay, Bungay International Inc. (BII™) and MortgageQuote Canada Corp. (MQCC™) be liable for any direct, indirect, punitive, incidental, special, consequential damages, or any damages whatsoever arising out of or connected with the use or misuse of this document.
This transaction is governed by and construed in accordance with the laws of Canada. If you have any difficulties concerning the above terms or if you have any questions regarding copyright, please contact Anoop Bungay, Bungay International Inc. (BII™) and MortgageQuote Canada Corp. (MQCC™) at info@mqcc.org.
MQCC Open for Business!
If you, the reader, are a person who is classified as a public official; regulator; regulatee; Chief or Executive Officer, director , owner or employee of a public sector (government), private sector (commercial, trade, business) or non-government (NGO) organization and you seek to incorporate the “Principles of ‘BlockChain’” into your organization, please contact MQCC at info@mqcc.org. An immediate-benefit, turn-key solution awaits you.
As with all great human discoveries, when correctly understood, the “Principles of ‘BlockChain’” are easy to make sense of and easy to apply anybody at any age of reason can do it. And no, you do not need to be a computer programmer.
The Teacher Appears.
If you, the reader, are a person who is classified as a member of an educational institution (school, college, university, polytechnic; Accredited or non-Accredited, Public, Private, Corporate; Profit, non-profit; Open or Closed) and you are in the role of professor, researcher, student (grade-school, secondary, post-secondary, undergraduate, graduate); and you would like to incorporate this formal body of knowledge of the field of conformity science, the “Principles of ‘BlockChain’” and related concept matter into your education organization or personal education program, please contact MQCC at info@mqcc.org for collaboration, visiting lecture; or to enroll in the MQCC Corporate University.
Scholarly, Regulatory and Business Required Reading: International Standards-Based Units of Knowledge[13]
MQCC: Trusted Global Knowledge Benchmarks and Standards
“Simple-to-use, high-quality, better, safer and more efficient systems like the MQCC System-Network™ are the most complex-to-create”.
-Anoop Bungay (Friday, September 13, 2019)
In the past few years, many trusting people have lost lots of money and time entrusting companies who confidently say “don’t worry, I know about “BlockChain” or “Crypto”-finance or the process of regulatory-integration. These companies advertise that they have the best people, they have the best lawyers, the best systems and the best product yet the outcome often, regrettably, is sad. The world is riddled with stories of persons starting an “exchange”, raising capital or doing something “innovative” and untold trusting persons suffer catastrophic financial loss and a real fear of innovation. Indeed, in a world where the public regulators are “learning as they go”[14] who do you trust?
“You know what ‘BlockChain’ is, by what ‘BlockChain’ does”.
-Anoop Bungay
How about trusting the discoverer of the phenomena and creator of the first and most trusted BlockChain Company - with over 14 years of sustainable, stable, National and International Standards-based, regulatory-integrated, defense-standard, military-grade, commercial application in a finance sector business; at all levels:
- Governance Systems,
- Management Systems and
- Operations Systems;
and all functions:
- Strategic Systems,
- Operational Systems and
- Tactical Systems,
within a risk-based framework built on technology-neutral, seminal "Principles of 'BlockChain'".
This encyclopedic[15] reference (encyclopedia[16]) is both a historical document and a scholarly[17] source of primary[18] (therefore authoritative) information containing seminal, pioneering concepts - which are defined in two parts:
- units of thought and
- units of knowledge[19].
You could also consider this as an authoritative encyclopedic reference on the subject of the journey of discovery of the “Principles of ‘BlockChain’”.
The information you find here is not elsewhere disclosed in a compendium format; and the information is derived in part, out of over 19 years of primary, independent experience and over 12 years of continuous registration of higher-level[20] business systems to standards developed on a consensus basis, by International governments for the operation of Quality Management System (QMS). A QMS designed to integrate with the world’s first peer-to-peer electronic finance system, comprised of the world’s first commercialized utility token and commercialized securities tokens.
The standards include principles and methods published by international standards setting bodies and incorporated directly in a regulatory-integrated, defense-standard, military-grade, commercialized, finance sector business system-network whose subordinate, International Standards-registered Quality Management System[21] (sub-system) is audited by third-party independent auditors, designated by an accreditation authority.
Much of the knowledge was made public many years ago but not all. This authoritative encyclopedic reference, a compendium of the knowledge in one location, now that it is published, serves as a global knowledge benchmark for any person who seeks to present themselves as an expert on the origin of the subject matter contained in this book, namely, conformity science, peer to peer electronic finance, “the Principles of ‘BlockChain’” and related subject matter.
Further, you, the reader will discover and understand that the regulatory-integrated, defense-standard scope of the financial system-network (which pre-dates the commonly recognized “peer-to-peer electronic cash system”[22]) requires that any practitioner or employee of an organization seeking to educate, provide advice or offer expertise on the topic items of this authoritative encyclopedic reference - as described herein - must meet minimum competency or proficiency standards as described in the United States of America (US) Department of Defense (DoD), General Services Administration (GSA), and the National Aeronautics and Space Administration (NASA) - and international Government-equivalent - jointly issued Federal Acquisition Regulation[23] (FAR) for use by executive agencies in acquiring goods and services. Namely, as described under the Certificate of Competency (COC)[24] requirements:
- stating that the holder is responsible (with respect to all elements of responsibility, including, but not limited to, capability, competency, capacity, credit, integrity, perseverance, tenacity, and limitations on subcontracting) for the purpose of receiving and performing a specific Government [or non-government] contract.
This authoritative encyclopedic reference is a primary source document and contains a body of knowledge which may only be applied in a commercial or educational setting by an individual person or a person employed by an organization which possesses evidence equivalent to a Certificate of Competency (COC) or a valid, original MQCC Applied-Knowledge Token™ (A-KT™)[25] indicating proper training and testing of competency and proficiency, of the knowledge contained in this authoritative encyclopedic reference published by MQCC - within a defined scope. A reader of this authoritative encyclopedic reference is neither qualified nor permitted to utilize the information contained in this authoritative encyclopedic reference for personal commercial use, third-party commercial use or third-party instructional purpose without formal education by MQCC or express approval from MQCC; or, an MQCC-Authorized™ party.
Remember: the body of knowledge of the new field of study conformity science, the “Principles of ‘BlockChain’” is over 19 years old. This authoritative encyclopedic reference only covers SOME marginal percent of the historical and traceable body of knowledge. The main "textbook" whose working title is: Theories, Principles, Protocols, Laws, Math and Litigation-Tested Applications of the Bungay Unification of Quantum Processes Algorithm also represented as the “Principles of ‘BlockChain’” from August 14, 2001 to Present Day is not yet completed (with no date for completion) and will be much bigger than this authoritative encyclopedic reference.
- Scholarly citations are naturally required however scholars are recommended to visit MQCC Head Office in Calgary, Alberta, Canada (by appointment or prepaid-in-full registration only) to learn first-hand about the new field of study: conformity science and find out what’s been going on for nearly 20 years.
Moreover, the knowledge contained herein is meant for first-party use; specifically, for your personal information in order to advance your personal understanding of the field of conformity science, the “Principles of ‘BlockChain’” and related conceptual matter within the overarching concept system found in the topics of this authoritative encyclopedic reference.
Finally, if you are a trusting person; before you entrust your hard-earned money or your valuable time to a person or organization presenting themselves as “expert” on the “Principles of ‘BlockChain’”; since MQCC is the world’s singular source of pioneering, originating, seminal body of knowledge on the “Principles of ‘BlockChain’”, ask them first:
- Do you know how and why the first application of the “Principles of ‘BlockChain’’” successfully disintermediated the global population and the global public regulators for over 10 years before a disparate, global awareness was being formed?
- Have you read “Origin of a Specie™”
- Do you have a comprehensive understanding of the authoritative encyclopedic reference and subject matter and how it applies to commercial applications of the “Principles of ‘BlockChain’” in terms of hot it benefits me and my organization not at a computer-programming[26] level but at a System-Level?
- Please show me your valid Certificate of Competency (COC) or your valid, original MQCC Applied-Knowledge Token™ (A-KT™) for the scope of your expertise.
- And here is the best question to ask someone trying to sell you a “cryptocoin” is:
- Do you know what a binary digit specie is?
- If you sense that they do not know, the legally basic definition (base technical-terminology) for what a “crypto” of Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow[27] currency instrument, then ask yourself: “what other basic knowledge does this person not have?”.
By the way, according to Merriam-Webster, specie, is pronounced in two ways[28]:
- spe·cie | \ ˈspē-shē
- spe·cie | \ ˈspē-sē\
Should you be interested in working with MQCC, licensing MQCC’s System, Technology, Services or Products; or, become formally educated in conformity science, the “Principles of ‘BlockChain’” and related subject matter, please contact info@mqcc.org and introduce yourself and your situation or requirements.
“Describe the quality characteristics of your idea and I will let you know if it is a ‘BlockChain’ or not”; does it meet the seminal, primary research-based, litigation-tested criteria?
-Anoop Bungay
Organization of this Works; Glossary; Index Notice
This authoritative encyclopedic reference does not contain a Glossary or Index at this time because the purpose of publishing it is to provide the “world” with an “Edition One”, first-hand account of “what’s been going on” for the past nearly-20 years since as early as 2001. Subsequent versions will have improved cross referencing of data and information. You gotta start somewhere.
With this authoritative encyclopedic reference, the global benchmark is now published; and the international standard, though advertised and promoted for years at www.mqcc.org, is now codified in authoritative encyclopedic reference format.
You will learn the terminology in the manner it was formed by reading this authoritative encyclopedic reference and learning how the practical application and long-term, functional, National & International Standards-level, frictionless and functional use of the “Principles of ‘BlockChain’” and related concept system matter was discovered, commercialized and introduced to world leaders, years before many “cryptoinvestors” experienced catastrophic financial losses by investing in non-standard, non-MQCC conforming entities.
Most terminological references (terms) are either italicized or in “quotations”. You will understand the meaning or definition based upon the application of use.
Detailed Headings Part 1: Table of Contents
Organization of this Works; Glossary; Index Notice
Detailed Headings Part 1: Table of Contents
Detailed Headings Part 2: Table of Contents
Detailed Headings Part 3: Table of Contents
Detailed Headings Part 4: Table of Contents
Detailed Headings Part 5: Table of Contents
0.0 Personal Note from Anoop Bungay Before Starting
0.1 Enter the BlockChain: Bungay Unification of Quantum Process Algorithm
Binary Digit Electronic Distributed Ledger
0.2 A Message for You & MQCC™ and the International Community
MQCC™ Organization Information
WTO, OECD and other International Organizations
Taxonomy of Educational Objectives: MQCC “Principles of ‘BlockChain’” and Concept System
Many from One: the MQCC Scale of Learning Expansion
Expert: What is One and What makes One
To be considered Competent or not to be considered Competent; this is the question.
Suggested Number of Years for Education and Work Experience
The “Worlds’” Self-Learned Level of Understanding is Incorrect
The Author’s Bona Fides/Credentials: Who Am I
Creations Speak > Louder than Actions which Speak > Louder than Words™
Expertise (Legal Standard) of Anoop Bungay
UK Common Law Standard and UK Law Commission Recommended Standard
Anoop Bungay Prior Expert Analysis History
Anoop Bungay Primary Research: Comment regarding Validity and Reliability
Peer Review and Publication of Anoop Bungay’s Primary Research is Not Required
A Global Misunderstanding is Not Surprising
A Defense-Standard, Military-Grade Problem Demands a Defense-Standard, Military-Grade Solution
Learn from the Best: Seminal Experience Matters
Regulatory Missing Link: MQCC MOS™ (Meta-Operating System)
Binary Digit Financial Information Delivered via Token System: What 19 Years of Experience Shows
The Age of Litigation (LawSuits) Has not Yet Started: But Will
de facto Quality Characteristics: Binary Digit Terroir
The Bungay Test 1: Competency and Proficiency Level
CryptoFinance Letter of Prevention; MQCC: Foreshadowing Problems with Shadow Finance
Investing In or Purchasing Complexity or Criticality, without Competency or Proficiency
The Bungay Test 2: Is it Complex or Critical?
What Level is Your Focus On: Industry? Technology?
The Rush to Get In Is the Fatal Flaw
Discovering a Tire and Attempting to Build a Car out of Rubber
The Professional BlockChaineer™: Transforming the Mundane to Transmundane
2.0 A Word About Necessity, Discovery & Understanding
What this authoritative encyclopedic reference Is
Notice to the Global Scientific Community
What were YOU doing between August 14, 2001 and April 9, 2005 and beyond?
Observation then Abstraction of Terminology
5.0 Financial Empirical Benefits of the “Principles of ‘BlockChain’”
Savings for Banks and Confidence for CEO and Shareholders
Billion Dollar Opportunity Cost for Canadian Banks
Stock Exchanges & Publicly Traded Companies
6.0 The Reason for Writing Now
7.0 A Traceable, Auditable, Immutable: TimeLine
8.0 Private Commercialized Research and Innovation and the Academic Community: A Disconnect
From “God Particle” to “God System”; MQCC Trademark Brand: GODS™ System
Detailed Headings Part 2: Table of Contents
Detailed Headings Part 2: Table of Contents
10.0 Commerce Researchers and Commerce (Finance) Regulators: Leading Indicators and Lagging Indicators
Some researchers are not always wrong the first time; some regulators are not always right the first time.
Pool-to-Peer “Passing Off” as Peer-to-Peer; Not Past This Securities Regulator: United States Securities and Exchange Commission SEC®
United States Securities and Exchange Commission SEC® News, Speeches & Testimony referencing: “Peer-to-Peer” Finance; “BlockChain”
“Peer-to-Peer” Finance
2008
2011
2013
2014
2015
2016
“BlockChain”
2015
2016
2017
2018
2019
11.0 The Bungay-MQCC Originating “Principles of ‘BlockChain’”: Helping Global Regulators and Regulatees and the Public whom both Serve: Sleep Well at Night™.
2001 -2015
2016
2017
2018
2019
12.0 Overcoming Securities Regulator Scrutiny while engaged in Token-Based Finance Commerce for over 14 Years Using BOTH Free Trading Security Tokens and Quality Managed Utility Tokens
Overcoming Litigation commenced by Lawyers for Lawyers
13.0 More than 12 Years of Proven Trust at a Standard Trusted by Global Regulators, Family Offices, Organizations and Individuals
14.0 Free Knowledge is not always Correct Knowledge: You Get What You Pay For
Corrective Action: Correcting a Common Misunderstanding
MQCC: maker of the Regulatory-Recognized, Insurable, Bankable: CEO Operating System™
The “Principles of ‘BlockChain’”: A Graduated Definition from Child to CEO
15.0 Trademarks and Patents: Global Public Intellectual Property Priority Searches & Records
Trademark Searches & Records
Generic Term “blockchain”, “bitcoin” and “Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow finance related (lending, investing, borrowing)” Google Patents Records
BlockChain
Bitcoin
Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow finance related (lending, investing, borrowing)
Patent Searches and Records
Generic Terms “peer-to-peer currency”, “bit currency”, “blockchain”, “bitcoin” and “Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow finance related (lending, investing, borrowing)” Google Patents Records
Peer-to-Peer Currency (Bit Currency)
Peer-to-Peer Currency
BlockChain
Bitcoin
Bitcoin, BlockChain, Peer-to-Peer
16.0 Quality Starts at the Top: United Nations (UN), Canada, United States of America (USA), United Kingdom of Great Britain and Northern Ireland (UK) & International Organization for Standardization ISO
United Nations (UN)
A Little History: MQCC & UN (UNGA/ECOSOC/DESA/UNSD/ISIC)
When foreshadow meets realization: the convergence of the “principles of ‘blockchain’” and the trade in “non-bank, non-institutional, non-syndicated, non-regulated or regulatory exempt, free trading securities and related financial instruments also known as Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow securities and related financial securities”
MQCC & the United Nations (UN)
Helping to make the world “better, safer and more efficient”™
Manage (Prevent, Identify, Mitigate) Corruption with MQCC through Prevention, Identification & Corrective Action; and MQCC Blockchain Systems, Technology, Services & Products
MQCC: Leadership in Canada; Leadership in the World
Certified BlockChain Quality Management Systems (BCQMS™) to assure sovereign-level (member-state) global, integrated statutory, regulatory and process (SRP™) conformity.
UNDP: GOVERNANCE
ECOSOC: RULE OF LAW
UNS CEB: CHIEF EXECUTIVE BOARD FOR COORDINATION (CEB)
Select MEMBERS of CEB
All Members of CEB
CHIEF EXECUTIVES BOARD FOR COORDINATION (CEB) Mandate:
United Nations General Assembly (UNGA): “Delivering as One” using the MQCC Organization Conformity Operating System (MQCC OCOS™) brand of Meta-Operating Systems (MOS™)
Canada
Parliament of Canada: Privy Council
Cabinet Directive on Regulation
Canada DEFENCE ADMINISTRATIVE ORDERS AND DIRECTIVES
Defence Administrative Orders and Directives (DAODs) - 3000
DAOD 3009-0, Quality of Materiel and Services
DAOD 3009-1, Quality Management
DAOD 3009-2, Government Quality Assurance (GQA)
Innovation, Science and Economic Development Canada
Office of Consumer Affairs (OCA)
National Standard of Canada (NSC)
United States of America (USA)
Quality Starts at the Top: Authority provided by the US President and Authority provided by the US Congress.
PRESIDENT: White House, the Executive Office of the President of the United States (EOP) and it's largest office, the Office of Management and Budget (OMB): OMB Circular A-119, October 20, 1993.
OMB Circular A-119 and the NTTAA
MQCC - USA Government Departments, Agencies and Sector Participants: Public Policy Outreach
National Institute of Standards and Technology NIST
Stewards of USA Quality Management: American National Standards Institute ANSI
US Department of Defense (DOD), General Services Administration (GSA), National Aeronautics and Space Administration (NASA)
United Kingdom of Great Britain and Northern Ireland (UK)
Quality Starts at the Top: Royal Charter: British Standards Institution
King George IV: Westminster (Parliament of the United Kingdom), 22 April, 1929; original Charter.
Elizabeth II: Westminster (Parliament of the United Kingdom), 5 November, 1931; 1968, 1974; Supplemental Charters.
MQCC - UK Government Departments, Agencies and Sector Participants: Public Policy Outreach
UK National Standards Body (NSB)
Stewards of UK Quality Management: British Standards Institute
UK Ministry of Defence (MOD)
International Organization for Standardization ISO
Nigel H. Croft: Chairman of ISO's Technical Committee TC 176/SC 2: Comments
Implications
17.0 MQCC™ Origins: Let's Start with the Finance Sector
Message to Existing and Prospective Finance Sector Company Investor-Shareholders (Chief, Major and Minor)
What are the implications to stakeholders (consumers, investors, regulators) who do not insist on this quality management level of performance?
What Some Finance Regulators Say About the Importance of Strong Systems
Ontario Securities Commission (OSC) Comments
Duty of Board of Directors & Senior Management to Shareholders
Message to Chartered Banks and Finance Sector Company Directors and Shareholders
MQCC's Leadership Role
Detailed Headings Part 3: Table of Contents
Detailed Headings Part 3: Table of Contents
18.0 The Business Case for Certified Levels of Quality Management in Finance
Above, Average Public Market Returns; Below, Average Public Market Risk
Longitudinal Study Benefits & Real-World Experience Benefits
Litigation Prevention & Mitigation
522299 - All other non-depository credit intermediation
Canadian Securities Administrators (CSA) Member-Regulated Mortgage Banking Entity
522310 Mortgage and non-mortgage loan brokers (USA)
Mortgage Brokers Regulatory Council of Canada (MBRCC) Member - Regulated Mortgage Brokerage Entity
Regulator Operating System (MQCC ROSOR™)
91 - Public administration
Response to Governance Review: Corrective Action System at a National, International Standards-Class NISC™.
19.0 What the Founder of MQCC™ Says
20.0 MQCC™ Solutions
Consumer, Investors, Business, Industry, Regulators, Government
Canadian and International
21.0 Brands, products, services and technology either delivered by MQCC™ directly or licensed by MQCC™or licensed to qualified third parties
Financial Products & Services
Government, Regulators, Standards-Setting Bodies, Professional, Scientific & Technical Services
Finance and Insurance Sector, Sub-Sector, Industry Group & Industry
22.0 Professional, Scientific and Technical services - Subsector
Engineering Firms
Accounting & Assurance Firms
Securities Regulator (member of IOSCO)
Risk Insurers (Captive and Commercial) - Professional Liability Risk Insurers (Errors and Omissions)
Federal Bank Regulator (Canada)
Information Technology (IT) Firms and Developers
The US Department of Defense (DoD), General Services Administration (GSA), and the National Aeronautics and Space Administration (NASA)
Law Society Regulator
Finance Advisor Regulators
Medical Physicians and Surgeons Profession
23.0 MQCC™ Finance Sector, Sub-Sectors, Industry Groups, Industries & Regulatees
Stock Exchanges (Recognized or Designated) and Securities Issuers: Reporting and Non-Reporting; Public and Private
WFE: Members of the World Federation of Exchanges (WFE)
Benefits to Listed Public Companies: With MQCC™ Certified Systems™, standards-based, empirical longitudinal studies demonstrate a public company may
Recognized or Designated Stock Exchanges
MQCC™ Stock Exchange & Securities Issuers (reporting and non-reporting), Public Companies Benefits
Securities Issuers: Start-Up or Existing
The MQCC Trusted Person™ Test
Empirical Facts re: MQCC™ Systems, Technology, Services and Products for Stock Exchanges
FRFI Federally Regulated Financial Regulations - Banks & Regulated Financial Institutions (Regulatees)
MQCC Bank Dollar Savings Benefits
“Principles of ‘BlockChain’”-Based Financial Regulatory Compliance & Operations Technology for Banks
2016 Bank Sector Open Letter: Banking Sector - Global; How MQCC Revolutionized Quality using a Seminal “Principles of ‘BlockChain’”-Based Knowledge Base for the Global Banking Sector: One Bank at a Time
24.0 MQCC SPECTRE: AMS™: NonConformity Prevention, Correction, Control
Nonconformity Avoidance & Mitigation Service; Regulatory Solutions for Finance Sector Regulatees
MQCC SPECTRE: AMS™ - Proven Solution - Immediate Regulatory-Obligation and Regulatory-Scrutiny Relief with MQCC™
Case Study MQCC Spectre
MQCC SPECTRE: AMS™ - Beyond ISO 9001:2015
ISMS - Information Security Management System (ISO 27001:2013)
BCMS - Business Continuity Management System (ISO 22313:2012)
QMS - Quality Management System (ISO 9001:2015)
3 Lines of Defense in the Finance Sector
Spectre AMS™ for Investigations
OSC - Ontario Securities Commission
IIROC - Investment Industry Regulatory Organization of Canada
MQCC Spectre™: AMS - Regulatory Recognized Internal Control System
25.0 Peer-to-Peer (P2P) & Private Lending Systems for Institutions
26.0 MQCC Global Sandbox™
The convergence of “Principles of ‘BlockChain’”, REGUTECH, FINTECH, QMSTECH, SUPERVISORYTECH, STANDARDSTECH™ & Recognition
27.0 MQCC™ Global Country Federation of Systems Network (MQCC FOSNET™)
World’s First WTO-TBT Standard, OECD-Standard, G-7 Grade "Eight Element Principle™" & NIST Framework-Core Cybersecurity Standards, "Principles of 'BlockChain'"-based, Customizable Enforced Conformity System
◙ Global Federation of Systems Network MQCC (FOSNET™)
◙ Regulatory Harmonized Meta-Operating System (MQCC-MOS™)
◙ Commercial Innovation Development Environment
◙ Global Sandbox for testing & deploying innovations in international trade
28.0 Controlling Shareholders of Public or Private Companies: Private Equity & Public Equity Investors-Shareholders
ISOS™: Investor-Shareholder Oversight System
Managing, Non-Managing, Majority and Minority Investor-Shareholders: Enforce your rights to disclosure with: MQCC ISOS™
MQCC BAR™: Be Application Ready: Private Equity Investment Intake Evaluation (PEIIE™)
Ourcompanyplan.com™
.ocp™: Active BlockChain Corporate Data Electronic File™ (ABCDEF™)
29.0 Systems Level (AI (Artificial Intelligence) - “SL”
30.0 Evolution of Controlled Disclosure: Published MQCC Case of Application™ Examples & Additional Global Leader & CEO Introductions
SUNDAY, 29 SEPTEMBER 2019 - An Unexpected 18 Year Case Study: A Public Answer to a Public Question Re: the REALITY OF PRIVATE LENDING RISK to the General Public, Consumers, Government Licensed Credit Intermediaries (Mortgage Brokers) & their Professional Liability Risk Insurers (Errors and Omission: EO): A Tale of Two CEO's,Two Companies and Two Approaches
Detailed Headings Part 4: Table of Contents
Detailed Headings Part 4: Table of Contents
FRIDAY, 23 AUGUST 2019 - MQCC Compound Interest Money Machine™: A Proven, Tested, Trusted 14 Year-Old Resource that Every Financial Advisor, Wealth Guru, Investment Coach, Master Motivational Speaker Needs to Offer His or Her Followers
MONDAY, 12 AUGUST 2019 - One (1) International Science Council; One (1) International Organization; Seven (7) Continents; 25 Global Scientists: Prior Art Notice: the Origins of the "Principles of 'BlockChain'": Commencing on April 9, 2005 and Continuously Registered to ISO 9001 from May 9, 2008 to 2019, Onward
Email Introduction Page Content
Formal Letter Start
0 - PROLOGUE:
1 - INTRODUCTION:
2 - CLAIMS & COMMENTS:
3 - PURPOSE OF THIS EMAIL:
SUNDAY, 11 AUGUST 2019 - Well, believe it or not, it's true; MQCC.org has confirmed that Central Bankers DO Care: pursuit of "Quality" outperforms a pursuit of "Profit" by 152% at the Bank for International Settlements BIS.org
TUESDAY, 9 JULY 2019 - Letter to a Lawyer: a Memo re: the terminology "lossless investing" - Origin of a Term; Application and Use in Public Commerce in Canada
FRIDAY, 17 MAY 2019 - CMHC Director [Redacted]- MQCC.org/Anoop Bungay - CMHC: Making Canada's Real Estate Housing "Better, Safer & More Efficient™" with Inventor of First Application of "Blockhcain" Principles in Commerce
MONDAY, 29 APRIL 2019 - MQCC BlockChain™ for Real Estate Projects for Corporate/Commercial, Private Business Owner, Construction, Renovation & Developers (anywhere in the world)
THURSDAY, 28 MARCH 2019 - MQCC responds to the "Canadian Mortgage Brokers Association" response to "The Advisory Committee to the Open Banking Review Financial Institutions Division; The Financial Sector Policy Branch; Department of Finance Canada"
TUESDAY, 12 FEBRUARY 2019 - MQCC response to Finance Minister William (Bill) Morneau; “A Review into the Merits of Open Banking”: Department of Finance, Canada-February 11, 2019
WEDNESDAY, 30 JANUARY 2019 - MQCC.org™: International, Interoperable, Defense Standard, Meta-Operating System for Complex & Critical Engineering, Procurement & Construction (EPC) global trade; built on the Principles of "Blockchain"
TUESDAY, 29 JANUARY 2019 - Is your regulated "crypto" or traditional "private lending" financial organization, "Regulatory Future-Proof?"™ More proof of the Efficacy of MQCC™ BlockChain Systems & Technology in the international regulated and non-regulated "cryptofinance world".
WEDNESDAY, 23 JANUARY 2019 - MQCC: What is more important: the name of an Innovation or the results of what an innovation will achieve: A Social Experiment on the World.
MONDAY, 21 JANUARY 2019 - Introduction to MQCC.org and Clarification of a Journalistic Descriptive Claim regarding 'the "World's First" RE: An Application of the Principles of "BlockChain" in Commerce". April 9, 2005 Free Trading Securities of a Financial & Electronic Nature, Begins
MQCC™ BlockChain Principles: Definition
Detailed Headings Part 5: Table of Contents
Detailed Headings Part 5: Table of Contents
SUNDAY, 20 JANUARY 2019 - In 2019 The World's First BlockChain Quality Management System Celebrates 11 Years of Certification
FRIDAY, 18 JANUARY 2019 - Professional Liability Insurers: Private (peer-to-peer (p2p)/crypto/shadow/secret/private ) Finance Transactions: Liability and Risk Reduction through Regulatory Compliance Certification via the MQCC Enforced Compliance Conformity System - (MQCC EC2S™)
MONDAY, 14 JANUARY 2019 - Bungay International Inc. (BII): Developer of the World's First Application of "BlockChain Principles" in Commerce; the British Standards Institute (BSI) - Registrar to MQCC: Registrant of the World's First "Blockchain Principles" Based Organization Conformity Operating System (ISO 9001) in the Finance Sector; 6 months prior to Bitcoin
WEDNESDAY, 2 JANUARY 2019 - The Rt Hon. Lord Woolf (UK); the future of Law, Science (information technology, conformity, BlockChain), Governance, Finance, Society & realization of the Immediate Benefit Systems & Technology (IBS&T™) "Distinguishing Mark" developed by MQCC
TUESDAY, 25 DECEMBER 2018 - MQCC Introduces itself to The Committee on Science, Technology, and Law; National Academies of Sciences, Engineering, and Medicine, in the USA
SUNDAY, 23 DECEMBER 2018 - Introduction to ICLR (International Conference of Legal Regulators) by Anoop Bungay; MQCC: The nexus of Law, Legal Regulation and First Application of "BlockChain Principles" in Commerce & Litigation Tested by Legal Regulators
THURSDAY, 29 NOVEMBER 2018 - Academic Clarification: MQCC Introduces 15 year old, World's First "Self Learning AI (Artificial Intelligent) System" to Purdue University (USA)
THURSDAY, 29 NOVEMBER 2018 - MQCC provides historical correction to Fox News; Mr. Stuart Varney regarding: "BlockChain Helping to Buy A House"
TUESDAY, 23 OCTOBER 2018 - MQCC offers suggestions to US Congressional Research Service respecting: a Peer-to-Peer Finance Ontology in relation to: Marketplace Lending: Fintech in Consumer and Small-Business Lending
SUNDAY, 14 OCTOBER 2018 - MQCC responds and introduces itself to the UK Financial Conduct Authority (FCA) and International Members of the Global Financial Innovation Network GFIN
FRIDAY, 19 OCTOBER 2018 - Royal Canadian Mounted Police (RCMP) - Secretariat e-Crime; RCMP Technical Investigative Services - Introduction
SATURDAY, 13 OCTOBER 2018 - Canadian Cyber Incident Response Centre (CCIRC) - Fwd: [“USA-based Defence Contractor”] - Canadian "Defined Hacking Event" - Fiduciary Officer & Board Notice - Fwd: [TICKET]Abuse reporting concern for [web-hosting company]
SATURDAY, 13 OCTOBER 2018 - Courtesy Notice to CEO and President of Billion-Dollar US Defense Contractor - Fwd: Canada Federal Government (CCIRC) "Defined Hacking Event" - Fiduciary Officer & Board Notice
THURSDAY, 17 MAY 2018 - Jimmy Wales; Wikimedia Foundation, Wikipedia Division: “FA Class" Article Update for Blockchain (sic) Page
Reply 31-JAN-2019
FRIDAY, 11 MAY 2018 - Law Enforcement Agency (LEA) Canada - Legal Professionals Training - Peer to Peer vs Non Peer to Peer Corporate Profiles
MONDAY, 25 SEPTEMBER 2017 - WEDNESDAY, MAY 25, 2018 - Introduction to Canadian Designated Stock Exchange Senior Management and Top Management Division Employees
Mon, Sep 25, 2017 - Introduction
Wed, Sep 27, 2017 - MQCC: Hello & Thank You: ISO 9001:2015 Certified Management & Oversight Systems (uQMS™) for Public (Reporting & Non-Reporting Issuers)
Saturday, Nov 4, 2017 - Credit for Cooperation
Fri, Dec 1, 2017 - Certified Continuous Conformity™
Monday, Mar 12, 2018 - TMX/[TMX Group Division] - MQCC: 2018 - Re: Catch up
Tue, Mar 20, 2018, 11:05 AM - TMX/[TMX Group Division] - MQCC: Memo re TMX/[TMX Group Division] Strategy Meetings 2018 & Request for Introduction to Mr. Louis V. Eccleston
Thu, Apr 12, 2018, 12:45 MQCC for Public or Pre-Public Companies; WHY MQCC? - Answer to [REDACTED]’s Question
Wed, May 23, 2018, 7:32 AM - Re: Introduction
MONDAY, 26 JUNE 2017 - If your financing transaction is mission critical to you or your organization, who can you trust? Do what the GSA, DOD & NASA do - hire an ISO 9001:2015 Registered finance organization like MQCC.
WEDNESDAY, 7 JUNE 2017 - Certified Levels of Quality in Accounting; Integration of ISO 9001:2015 with ISQC 1, ISA 220 (Revised) & NOCLAR
FRIDAY, 5 MAY 2017 - The Company You Keep: "For Whom the Certified Quality Management Bell Tolls": CQMFA.org
WEDNESDAY, 26 APRIL 2017 - Canadian First - Integration of Certified ISO 9001:2015 Quality Management Systems with CMHC & Canada's Mortgage Industry
SUNDAY, 12 MARCH 2017 - How Anoop Bungay Pioneered Certified Levels of Quality Management in Finance: QualityGuard™: The Finance Sector Safeguard System for Investors-Lenders & Borrowers
WEDNESDAY, 22 FEBRUARY 2017 - Found it! The Wells Fargo of Canada is.......President's Choice Bank (PC) Financial - Fake Account Creation - Credit Card
SUNDAY, 29 JANUARY 2017 - Introduction to MortgageQuote Canada Corp - ISO 9001:2015 solution for the finance sector: to a Securities Regulator member of IOSCO.org International Organization of Securities Commissions
WEDNESDAY, 7 DECEMBER 2016 - Re: MortgageQuote Canada Corp: ISO 9001:2015 Certification in the Finance Sector - Secretariat for ISO/TC 176: International Organization for Standardization ISO.org
TUESDAY, 11 OCTOBER 2016 - The Benefits of ISO 9001:2015 (Quality Management-in-Finance) or; Non-Compliance versus Statutory and Regulatory Compliance versus Certified Statutory, Regulatory and Process Compliance (aka Quality Management): in Pictures for EVERYONE TO UNDERSTAND
WEDNESDAY, 5 OCTOBER 2016 - If your Bank, Mortgage Broker or Investment Advisor is not certified for Quality, then your Bank, Mortgage Broker or Investment Advisor is not Quality Certified.
THURSDAY, 29 SEPTEMBER 2016 - LEA (F) - Federal Law Enforcement Agency (Canada): Competition Bureau: Competition Bureau Fintech Market Study
WEDNESDAY, 21 SEPTEMBER 2016 - CBA Canadian Bankers Association: RE: A Canadian Technology, World’s First: ISO 9001:2015 Certified Statutory and Regulatory Compliant Integrated Quality Management System for the (Mortgage Banking) Finance Sector
WEDNESDAY, 14 SEPTEMBER 2016 - MortgageQuote Canada Corp.: ISO 9001:2015 or the Wells Fargo Online Financial Services Group & Home Capital Group: Balanced Scorecard Approach? What does over 10 Years of History Tell Us?
MONDAY, 12 SEPTEMBER 2016 Finance Minister of Canada: A Canadian Technology, World’s First: ISO 9001:2015 Certified Statutory and Regulatory Compliant Integrated Quality Management System for the Finance Sector
Email Introduction Page Content
Formal Letter Start
FRIDAY, 9 SEPTEMBER 2016 Investors: Invest in Financial Sector Companies that have CERTIFIABLE Quality Management Systems that Prevent Home Capital Group and Wells Fargo Bank Situations
MONDAY, 8 AUGUST 2016 - OSFI - Office of the Superintendent of Financial Institutions: A Canadian Technology First: ISO 9001:2015-Certified Quality Management Systems for Residential Mortgage Underwriting & Credit Intermediation
TUESDAY, 19 APRIL 2016 TCS Bern- Canadian Trade Commissioner Service: A Canadian Technology First: ISO 9001:2015-Certified Quality Management Systems the Global Credit Intermediation Subsector
WEDNESDAY, 13 APRIL 2016 CCC - Canadian Commercial Corporation: A Canadian technology first: Certified ISO 9001:2008/ISO 9001:2015 Quality Management System for Mortgage Banking and Mortgage Brokering
MONDAY, 4 APRIL 2016 Professional Liability (Errors and Omissions E&O) Insurance Industry Member: Introduction to MortgageQuote Canada Corp. - ISO 9001:2008 Certified, 100% Regulatory Compliant - Risk Management & Mortgage Processing Technology: mortgagequote.ca
SUNDAY, 3 APRIL 2016 - Don't Believe the BS: The "Business" of Risk Management for Investors in Financial Products
FRIDAY, 1 APRIL 2016 - MBRCC - Mortgage Broker Regulator's Council of Canada: Introduction to MortgageQuote Canada Corp. - ISO 9001:2008 - 100% Regulatory Compliant - Mortgage Processing Technology
SATURDAY, 23 JANUARY 2016 - Risk Management for Mortgage Industry Professionals Trading in Private Mortgages
THURSDAY, 1 OCTOBER 2015 - Quality Let's You Trust the Process, Not the Person
TUESDAY, 31 MARCH 2015 - Why provide full disclosure on a mortgage application and what's the use when "all" lenders seem to say "no"
FRIDAY, 17 OCTOBER 2014 - CORPORATE APPLICANTS AND MORTGAGE BROKERS: THE DEFINITIVE GUIDE TO CHOICE
WEDNESDAY, 3 SEPTEMBER 2014 - 2014 and Onwards: The Dawn of a New Area in Canadian Bank Refusals
WEDNESDAY, 29 JANUARY 2014 - Why is my mortgage broker sending me to MortgageQuote.ca?
MONDAY, 2 JANUARY 2012 - 2012 - Borrower-Driven Global Economic Stimulus
TUESDAY, 18 OCTOBER 2011 - The Accredited Mortgage Professional - what is it?
TUESDAY, 18 OCTOBER 2011 - What's on your title? Illegal mortgages? Undischarged mortgages?
2009 and Prior Years
31.0 Schedule A (Source www.mqcc.org - page 1)
32.0 Appendix 1 - MQCC Global Country Network™
Disclaimer/Important Information for You
MQCC END USER LICENSE AGREEMENT (EULA)
0.0 Personal Note from Anoop Bungay Before Starting
About the transfer of knowledge, it is said that:
“When the student is ready, the teacher will appear.”
Here is the corollary, that your sincerely learned as this authoritative encyclopedic reference was being continually improved:
“When the student is learned, the teacher will a peer, become.”[29]
Among various reasons, this is the time to write this authoritative encyclopedic reference. The world was simply not ready until now and frankly speaking, even before writing this authoritative encyclopedic reference, the world simply did not understand. The purpose - among many - for this authoritative encyclopedic reference is to let the learned professionals, academics, country leaders, public officials, policy makers and the unknowing (lay) community of students and global consumers know that the “Principles of ‘BlockChain’” were discovered and applied for a regulatory-integrated financial peer-to-peer process - a regulatory integrated process? - who would have thought? And, over the course of time - long before ‘bitcoin’ was introduced, standardized to internationally accepted, consensus-based Quality Management Principles-based standards starting with ISO 9001:2000 (then ISO 9001:2008 and the risk-based ISO 9001:2015); so the originating methods and products are “better, safer and more efficient”. Don’t take my word for it, ask your local Professional Engineer® or your public official, regulatory professional or public policy maker.
What took so long for this authoritative encyclopedic reference? As explained, the world was not ready. Another reason is that it was thought that “if you build it, they will come”. Well, guess what, yours sincerely “built it” but frankly speaking, if you build a peer-to-peer system built on principles that disintermediate traditional brokers of authority, successfully, well, don’t be surprised that “nobody knows”.
Before you get entangled any further in matters of “BlockChain” or “crypto-whatever” and spend or invest another quantum of your fiat capital in an unknown project, read this text book. And if you need help, contact yours sincerely, at info@mqcc.org.
This authoritative encyclopedic reference (eauthoritative encyclopedic reference/document) on the subject field and much of my technical writing (see www.mqcc.org) are written in a certain way, which to some, may appear as a complication. This is ironic because the “Principles of ‘BlockChain’” when understood correctly, are easy to make sense of, and anybody can apply them.
Yours sincerely writes in this manner because I know what “BlockChain” is and I know what “BlockChain” does: keeps the honest honest and keeps the rest out. You are a current or future: Head of State, public official, regulator, CEO, business owner, customer or investor; you want the people or organizations who are accountable to you for their scope of responsibility and proficiency, to “do what they say and say what they do”. That’s what the “Principles of BlockChain” when correctly understood and correctly applied, does; transforms expectations and promises into reality within a fully accountable, trust-worthy environment.
When your organization (government (public), inter-government, non-government or private sector) implements the “Principles of ‘BlockChain’” using the National and International Standards-Based, MQCC BlockChain™ which over at least 14 years has become the internationally accepted de facto global standard, and you have a proven record of at least three (3) years of sustainable operation (this time frame is from my personal experience); then you, too, will be able to earn the right to promote yourself as worthy of trust on a “prima facie” or “at-a-glance” basis - for the scope of activity in which you operate - to the benefit of third parties including: public officials, regulators, prospective customers, customers, employees, shareholders, citizens.
Once you take the time to learn the origins of this subject matter and gain a level of comprehension and understanding, you will appreciate. Welcome to your world of conformity science, the Future of Commerce™[30].
-AKB.
0.1 Enter the BlockChain[31]: Bungay Unification of Quantum Process Algorithm
BlockChain Zero One™[32]
Binary Digit Electronic Distributed[33] Ledger[34]
Ledger Zero One™[35]
For a “Principles of ‘BlockChain’”-based, commercialized “peer-to-peer[36] electronic finance system”; the subordinate concept of “ledger” is one of many partitive aspects of a superordinate concept represented by the terminological phrase: Bungay Unification of Quantum Process Algorithm also represented as the “Principles of ‘BlockChain’”[37]. Both concepts are component elements of a larger, body (corpus) of knowledge consisting of a plurality of subject fields, formed out of the formalization of a commercialized peer-to-peer electronic finance system, between the years of 2001 through 2005, 2008 and present-year (2009); by yours sincerely, as conformity science: the science of transforming stakeholder expectations into reality[38].
MQCC™ Global Public BlockChain/Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow Knowledge Register of Articles & Entities (Responses)
From the world’s first “peer-to-peer electronic finance system” at least as early as August 14, 2001 through April 9, 2005 to September 2019; how did you get here and where are you going? When correctly understood and correctly applied, among the many wonderful concepts within the overarching “Principles of ‘BlockChain’” are the subordinate principles of:
- unit of knowledge origin-point traceability,
- unit of knowledge verifiability and
- unit of knowledge immutability
- creation of a system of trust[39]
So it should hardly come as a surprise to you that the originating body of knowledge abstracted from the observations leading to the discovery of the “Principles of ‘BlockChain’” and first applied to a peer-to-peer electronic finance system, is itself traceable, verifiable and, naturally, as you would expect from any functional “system of trust”: immutable. The implication is clear: you can easily track how you got here - or someone can - and someone did. The exciting part and the great unknown is where will you go from here after you read this authoritative encyclopedic reference and make sense of “what is really going on”; long before you even heard of the term “BlockChain” - let alone your understanding of the originating object or observed phenomena - which this authoritative encyclopedic reference will provide. And don't worry, long before the global public securities regulators, banking regulators, lawyers, consultants and very clearly - the promoters of all-things-crypto - heard of the term “BlockChain” - let alone their understanding of the originating object or observed phenomena - which this authoritative encyclopedic reference will provide.
As proof, please see Table 0.001. A binary digit electronic distributed ledger (Ledger Zero One™) which consists of a record of the key-words related to the originating body of knowledge in relation to a peer-to-peer electronic finance system and principally “related-things-thereafter”.
Table 0.001 |
bitcoin Block Block Chain BlockChain (as a compound term) Chain Continuity Certainty Decentralized/Decentralised Ledger Peer-to-Peer Cryptofinance Cryptocurrency Private Lending/Lender Virtual Currency Non-Regulated/Unregulated Person to Person Lending Payment System Virtual Money Token Electronic Cash Electronic Money Network Digital Money Digital Cash Digital Currency Digital Asset Virtual Asset Smart Contract Electronic Asset Distributed Shadow Finance (investing, borrowing, lending, banking) Secret Finance (investing, borrowing, lending, banking) Utility Token Digital Trading Token \Utility\Token as a functional "folder path" in a computer program - not as a term. Securities Token Token System Trust Framework |
By the way, the first company to functionally trade or create a platform that incorporates virtually all keywords in table 0.0001 within a functional, commercially available application is, as you would expect, MQCC.org.
Not every article or record of information is listed, only those deemed by yours sincerely to meet the test as follows:
- being the first to “do” it; (verifiable and traceable)
- being the first to “talk” about it; rightly or wrongly; (verifiable and traceable)
- An article or record of information otherwise worthy of note.
Early years are more important than later years (post 2016)
Date of Publicly Traceable Item or Entity Origination Point | Keyword | Title of Item | Publisher on the Internet |
6/18/1996 | Token, Electronic Cash | HOW TO MAKE A MINT: THE CRYPTOGRAPHY OF ANONYMOUS ELECTRONIC CASH | US National Security Agency NSA |
5/1/2001 | Block, Chain, Continuity, Certainty, Decentralized/Decentralised, Ledger, Peer-to-Peer, Payment System, Virtual Money, Token | Making Money: Notes on technology as environment | Felix Stalder, 2001 |
August 15 2001 | Licensure and research starts | Bank and Private Lending | Licensed Private Individual/Bungay International Inc. |
October 9 2003 | Private Lending | Bungay International Inc. | |
April 9 2005 | Peer-to-Peer, Private Lender | Bungay International Inc. | |
2/15/2007 | Continuity, \Utility\Token as a functional "folder path" in a computer program - not as a term in relation to n-bank, non-institutional, non-syndicated, non-regulated or regulatory exempt, free trading securities and related financial instruments; also known as Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow securities and related financial instruments | use the Dell OpenManage™ Deployment Toolkit (DTK), Dell OpenManage Server Administrator (OMSA), or the BIOS setup utility to update the token | |
April 15 2008 | Private Lender | PrivateLender.org: Canada's Private Lending Network™/® | Bungay International Inc./MortgageQuote Canada Corp. MQCC™ (MQCC .org) |
April 20 2008 | Peer-to-Peer, Payment Dependent Notes | LendingClub.com Stopped Operations | |
May 9 2008 | Peer-to-Peer, Private Lending | MQCC: Registration of the total MQCC operations; Top to Bottom (T2B™) and End to End (E2E™) for MQCC and PrivateLender to ISO 9001:2000 (T2B™ E2E™ are trademarks of MortgageQuote Canada Corp.) | |
7/14/2008 | Peer-to-Peer; Payment Dependent Notes | Peer-to-Peer Loans May Be Classified As Securities | |
October 31 2008 | Bitcoin | Bitcoin white paper {no useof the word: Ledger or Decentralized} | metzger-dowd |
11/24/2008 | Peer-to-Peer; Payment Dependent Notes | Prosper Marketplace, Inc. ORDER INSTITUTING CEASE-ANDDESIST PROCEEDINGS PURSUANT TO SECTION 8A OF THE SECURITIES ACT OF 1933, MAKING FINDINGS, AND IMPOSING A CEASE-AND-DESIST ORDER | SEC® |
12/26/2008 | Peer-to-Peer | https://techcrunch.com/2008/11/26/sec-outlines-its-reasoning-for-shutting-down-p2p-lender-prosper/ | TechCrunch |
Jan 8, 2009 | Bitcoin, Block, Chain, Peer-to-Peer | Bitcoin program | metzger-dowd |
2/1/2009 | Peer-to-Peer | Forget Citibank—Borrow from Bob by John Sviokla | HBR |
March 5, 2009 | Peer-to-Peer Lending | Physiognomy and economics About face | The Economist |
April 18 2009 | Peer-to-Peer | Medicine goes digital | The Economist |
January 30 2010 | Virtual Currency | Special report: A world of connections Profiting from friendship Social networks have a better chance of making money than their critics think | Economist |
January 30 2010 | Virtual Currency | Special report: A world of connections A peach of an opportunity Small businesses are using networks to become bigger | Economist |
April 22 2010 | Peer-to-Peer Lending | Peer-to-peer car rentalsCollaborative consumption | Economist |
July 22 2010 | Virtual Currency | Social networks and statehoodThe future is another country Despite its giant population, Facebook is not quite a sovereign state—but it is beginning to look and act like one | Economist |
12/13/2010 | Peer-to-Peer | Informed Investor Alert: Peer-to-Peer Lending | NORTH AMERICAN SECURITIES ADMINISTRATORS ASSOCIATION NASAA |
1/15/2011 | Trust Framework | Personal Data: The Emergence of a New Asset Class | WEF |
2/28/2011 | Block Chain | SciWhys: What is DNA and what does it do?; Jonathan Crowe | Oxford University Press's Academic Insights for the Thinking World |
3/25/2011 | bitcoin | What is Bitcoin? | |
4/18/2011 | bitcoin | Namecoin - a distributed naming system based on Bitcoin | |
5/30/2011 | bitcoin, Block Chain, Ledger | Bitcoin: The Cryptoanarchists’ Answer to Cash | |
June 13 2011 | Bitcoin, Block, Chain, Decentralised, Virtual Currency | Science and Technology: Virtual currency Bits and bob Technically, the world's first fully fledged open-source virtual currency is a marvel. It remains to be seen whether its economics make sense | Economist |
7/1/2011 | Person to Person Lending | PERSON-TO-PERSON LENDING New Regulatory Challenges Could Emerge as the Industry Grows | United States Government Accountability Office |
August 6 2011 | Virtual Currency | Internet companiesAttack of the clones American web firms are battling foreign hordes that look remarkably similar | Economist |
10/9/2011 | bitcoin | Litecoin - a lite version of Bitcoin. Launched! | |
October 21 2011 | Bitcoin | Virtual currencies The bursting of the Bitcoin bubble Briefly the world's favourite digital currency, Bitcoin is in trouble | Economist |
11/22/2011 | bitcoin, Block, Block Chain, Chain, Decentralized/Decentralised, Peer-to-Peer, Virtual Currency | Bitcoin for beginners, Part 1: The economics and use of Bitcoins | JAVA World from IDG |
11/23/2011 | bitcoin, Block Chain, Decentralized/Decentralised, Ledger, Peer-to-Peer, Virtual Currency | THE RISE AND FALL OF BITCOIN | Wired |
12/6/2011 | Block Chain | Bitcoin for beginners, Part 2: Bitcoin as a technology and network | JAVA World from IDG |
12/18/2011 | bitcoin, Block, Block Chain, BlockChain (as a compound term), Peer-to-Peer | ||
12/31/2011 | bitcoin, Chain, Decentralized/Decentralised, Peer-to-Peer, Virtual Currency, Non-Regulated/Unregulated, Payment System, Virtual Money, Network, Digital Currency, Virtual Asset | A Virtual Fortune: Consumer Protection for Banking and Consumer Fraud in Virtual Worlds | The Public Interest Advocacy Centre (PIAC) |
Feb 4 2012 | Virtual Currency | Floating FacebookThe value of friendship Facebook is likely to become a gargantuan company. That will bring risks as well as rewards | Economist |
2/28/2012 | bitcoin | Bitcoin Adoption Opportunity: Teenagers | Bitcoin Magazine |
2/28/2012 | bitcoin | The Wasted Electricity Objection to Bitcoin | Bitcoin Magazine |
3/24/2012 | bitcoin, Block Chain | Bitcoin Doesn't Need A Dongle | Forbes |
4/26/2012 | bitcoin, BlockChain (as a compound term) | Be Your Own Bank: Bitcoin Wallet for Apple | Forbes |
Sep 22 2012 | Virtual Currency | The British Museum’s new money galleryFrom shells to mobile phones You do not have to be a coin-collector or a miser to enjoy the British Museum’s newly refurbished money gallery | Economist |
10/15/2012 | bitcoin, Block, Chain, Continuity, Decentralized/Decentralised, Peer-to-Peer, Cryptocurrency, Virtual Currency, Non-Regulated/Unregulated, Payment System, Virtual Money, Electronic Cash, Electronic Money, Network, Digital Money, Digital Currency | VIRTUAL CURRENCY SCHEMES, OCTOBER 2012 | European Central Bank ECB |
Dec 12 2012 | Continuity | Your solution to organizing & controlling your business knowledge. {What Vitalik Buterin envisioned as "smart contracts" - systems which automatically move digital assets according to arbitrary pre-specified rules and the logical extension of this is decentralized autonomous organizations (DAOs) - long-term smart contracts that contain the assets and encode the bylaws of an entire organization.} | Bungay International Inc. |
Feb 17 2013 | Virtual Currency | Value and the virtual worldAmazon coins v trillion-dollar coins As the concept of value becomes detached from physical objects, the economy takes on an air of queasy ephemerality | Economist |
Apr 11 2013 | Bitcoin, Chain, Decentralised | Exchange rates Inside the Bitcoin economy On the volatility of Bitcoin-dollar rates | Economist |
Apr 12 2013 | Bitcoin, Decentralised, Virtual Currency | The Economist explainsHow does Bitcoin work? The virtual currency is decentralised, which is part of its appeal [No reference to Ledger, BlockChain] | Economist |
5/1/2013 | bitcoin | ||
May 18 2013 | Peer-to-Peer Lending | The Important Role of Immigrants in Our Economy Commissioner Luis A. Aguilar {To the extent properly structured, the business of “peer-to-peer” lending (a form of crowdfunding for debt capital) may be conducted in the U.S. without registration under the Securities Act of 1933 or the Securities Exchange Act of 1934.} | |
6/26/2013 | Shadow Finance (investing, borrowing, lending, banking) | Shedding Light on Shadow Banking | Bank of Canada |
Jul 1 2013 | Bitcoin, blockchain (sic), Decentralised, Ledger, Virtual Currency | WINKLEVOSS BITCOIN TRUST | |
7/1/2013 | Token System | The Token Economy: A Recent Review and Evaluation | International Journal of Basic and Applied Science |
7/13/2013 | bitcoin | SEC Charges Texas Man With Running Bitcoin-Denominated Ponzi Scheme | SEC |
7/23/2013 | bitcoin, Virtual Currency | Ponzi schemes Using virtual Currencies | SEC |
11/15/2013 | bitcoin, Peer-to-Peer, Virtual Currency, Payment System, Network, Digital Currency | Some Economics of Private Digital Currency | Bank of Canada |
Nov 28 2013 | Bitcoin, "Block Chain", Virtual Currency | Bitcoin under pressure Virtual currency: It is mathematically elegant, increasingly popular and highly controversial. Bitcoin’s success is putting it under growing strain | Economist |
Nov 29 2013 | Bitcoin, Virtual Currency | Digital moneyThe Bitcoin bubble It looks overvalued. But even if this digital currency crashes, others will follow | Economist |
12/4/2013 | bitcoin | Alberta woman willing to trade $1-million property for Bitcoins — the volatile new digital currency | National Post |
Dec 26 2013 | Bitcoin | Libertarian enclaves Bitcoin paradise Will a new libertarian enclave succeed where others have failed? | Economist |
Jan 23 2014 | bitcoin | Ethereum: Welcome to the Beginning | |
Jan 28 2014 | Bitcoin, blockchain (sic), decentralised, ledger, | Computer corporations DAC attack; As Mr Larimer puts it,"Bitcoin is a shareholder-owned, employee-run, not-for-profit crypto-corporation." In some ways, he's right. Bitcoin is an autonomous system that engineers a rational incentive for people to do things—host nodes, build infrastructure, write code and promote the crypto-currency. | Economist |
Mar 10 2014 | Bitcoin | The Economist explainsWhat doxxing is, and why it matters | Economist |
Mar 13 2014 | Bitcoin, blockchain (sic), Decentralised, Ledger | Bitcoin’s futureHidden flipside; How the crypto-currency could become the internet of money | Economist |
Mar 15 2014 | Bitcoin | Free exchangeMoney from nothing Chronic deflation may keep Bitcoin from displacing its fiat rivals | Economist |
Mar 17 2014 | Bitcoin, Block, blockchain (sic), | Bitcoin New money Bitcoin may not be the future of money, but it is a look at what might be | Economist |
Apr 3 2014 | Bitcoin | Money Bitcoin's deflation problem Zero inflation is not necessarily a strength for a would-be monetary system | Economist |
4/24/2014 | Bitcoin | Bitcoin’s Promise Goes Far Beyond Payments | HBR.org |
5/1/2014 | \Utility\Token as a functional "folder path" in a computer program - not as a term. | Add a UI for browsing tokens | |
5/7/2014 | bitcoin | INVESTOR ALERT: BITCOIN AND OTHER VIRTUAL CURRENCY-RELATED INVESTMENTS | SEC |
May 8 2014 | Bitcoin, Chain, Virtual Currency | Special report: Shadow and substance PaymentsThe end of a monopoly And no end of new ways to pay your bills | Economist |
5/15/2014 | bitcoin, Decentralized/Decentralised, Peer-to-Peer, Cryptocurrency, Electronic Money, Network, Digital Currency | Decentralized E-Money (Bitcoin) | Bank of Canada |
Jun 12 2014 | Bitcoin, Decentralised, Virtual Currency | Bitcoin in ArgentinaIf it can’t make it there The crypto-currency is less popular in the South-American country than one might expect | Economist |
7/4/2014 | bitcoin, Block, Block Chain, BlockChain (as a compound term), Chain, Continuity, Decentralized/Decentralised, Ledger, Peer-to-Peer, Virtual Currency, Non-Regulated Finance, Payment System | EBA Opinion on ‘virtual currencies | European Banking Authority EBA |
August 29, 2014 | Bitcoin, Blockchain (sic) | A Next-Generation Smart Contract and Decentralized Application Platform {The commonly cited applications using on-blockchain digital assets to represent custom currencies and financial instruments , the ownership of an underlying physical device ("smart property"), non-fungible assets such as domain names ("Namecoin") as well as more advanced applications such as decentralized exchange, financial derivatives, peer-to-peer gambling and on-blockchain identity and reputation systems. Another important area of inquiry is "smart contracts" - system; logical extension of this is decentralized autonomous organizations (DAOs) - long-term smart contracts that contain the assets and encode the bylaws of an entire organization. {ourcompanyplan.com - was created for this} | Vitalik Buterin |
12/22/2014 | bitcoin, BlockChain (as a compound term), Decentralized/Decentralised, Ledger, Peer-to-Peer, Token, Network | Nxt [CORE]: Asset Exchange | NXTER |
January 20 2015 | Bitcoin, blockchain (sic), Decentralised | The Economist explainsHow bitcoin mining works | Economist |
2/15/2015 | bitcoin, Block, BlockChain (as a compound term), Chain, Continuity, Decentralized/Decentralised, Ledger, Peer-to-Peer, Cryptocurrency, Virtual Currency, Non-Regulated/Unregulated, Payment System, Electronic Money, Network, Digital Money, Digital Currency | Virtual currency schemes – A further analysis | European Central Bank ECB |
4/22/2015 | bitcoin, Block Chain, BlockChain (as a compound term), Decentralized/Decentralised, Ledger, Virtual Currency, Payment System, Virtual Money | 2015-532_call_for_evidence_on_virtual_currency_investment.pdf | European Securities and Markets Authority ESMA |
5/5/2015 | Digital Trading Token | Gambit Token | Supply Burning | Trading Fund | Hedging | Asset Acqusitions | |
May 7 2015 | Bitcoin, blockchain (sic), ledger | BlockchainThe next big thing Or is it? | Economist |
Jun 12 2015 | blockchain (sic) | Final Commissioner Votes, June 2015 - SEC.gov RE: Sand Hill; Hall and Ou. | |
Jun 17 2015 | blockchain (sic) | Sand Hill Exchange, Gerrit Hall and Elaine Ou - SEC.gov | |
Jul 1 2015 | Bitcoin, blockchain (sic), decentralised, ledger, | Device Democracy A technology breakthrough that has fundamentally changed our notions of centralized authority, the blockchain is a universal digital ledger that functions at the heart of decentralized financial systems such as Bitcoin, and increasingly, many other decentralized systems. The blockchain holds a record of every transaction made by every participant. Cryptography is used to verify transactions and keep information on the blockchain private. Many participants verify each transaction, providing highly redundant verification and are rewarded for the computational work required. By confirming transactions using decentralized consensus, the blockchain eliminates the need for trust {incorrect for MQCC ---it might be true for their application} While the blockchain may carry regulatory and economic risk as a long-term store of value (as in the case of Bitcoin), it can be quite revolutionary as a transaction processing tool.15 {wrong; IBM it is use to PREVENT regulatory and economic risk}. Figure 5 The blockchain functions as a universal digital ledger facilitating various types of IoT transactions between devices {false: BC is not a universal digital ledger; it is a technology-neutral, set of principles}. The role of manufacturers For device manufacturers and service providers too, a blockchain-based IoT is attractive. It allows them to transfer maintenance ownership and responsibility to a community of selfmaintaining devices, making the IoT future-proof and saving infrastructure costs on a massive scale, both during the life of a device and long past its obsolescence. {MQCC Regulatory Future Proof™} | IBM |
Jul 31 2015 | Bitcoin, blockchain (sic), ledger | Overstock.com, Inc. Amendment No. 1 to Registration Statement on Form S-3/A Filed June 15, 2015 File No. 333-203607 | |
9/10/2015 | Utility Token | What is MKR? | |
Oct 31 2015 | Bitcoin, Block, Chain, blockchain (sic), decentralised, ledger, | The promise of the blockchainThe trust machine The technology behind bitcoin could transform how the economy works To understand the power of blockchain systems, and the things they can do, it is important to distinguish between three things that are commonly muddled up, namely the bitcoin currency, the specific blockchain that underpins it and the idea of blockchains in general. [Machine for Creating Trust: MQCC - registered to ISO 9001:2015) | Economist |
Oct 31 2015 | Bitcoin, Block, Chain, blockchain (sic), decentralised, ledger, | BlockchainsThe great chain of being sure about things The technology behind bitcoin lets people who do not know or trust each other build a dependable | Economist |
Oct 31 2015 | Bitcoin, blockchain (sic), ledger, | A BRIEF INTRODUCTION TO BLOCKCHAIN NANCY LIAO ’05 JOHN R. RABEN/SULLIVAN & CROMWELL EXECUTIVE DIRECTOR YLS ASSOCIATE RESEARCH SCHOLAR IN LAW {HOW MIGHT A DISTRIBUTED LEDGER WORK? } - not exactly correct---the MQCC way is the way it works. | |
Nov 9 2015 | Bitcoin, blockchain (sic), ledger, | Kara M. Stein, Commissioner; Surfing the Wave: Technology, Innovation, and Competition – Remarks at Harvard Law School’s Fidelity Guest Lecture Series | |
Nov 19 2015 | blockchain (sic) | Visa Inc. FORM 10-K | |
11/25/2015 | BlockChain (as a compound term) | Blockchain | United States Patent and Trademark Office USPTO |
Dec 1 2015 | Bitcoin, blockchain (sic), Decentralised, Ledger, Virtual Currency | SEC Complaint - SEC.gov | |
12/14/2015 | bitcoin, BlockChain (as a compound term), Chain, Ledger, Peer-to-Peer, Cryptocurrency, Private Lending/Lender, Digital Currency, Distributed, Shadow Finance (investing, borrowing, lending, banking) | Financial System Review - December 2015 | Bank of Canada |
12/17/2015 | BlockChain (as a compound term), Ledger | Annual Report 2015 | INTERNATIONAL ORGANIZATION OF SECURITIES COMMISSIONS IOSCO |
Dec 31 2015 | Blockchain (sic) | UBS Group AG Form 20-F Commission file number: 1-36764 | |
January 1, 2016 | 2016: "Global Public: 'Knowledge Inflection Year'" Commences | ||
1/19/2016 | bitcoin, Block Chain, Ledger, Digital Cash | Distributed ledger technology: beyond block chain | The United Kingdom of Great Britain and Northern Ireland Gov.uk |
1/19/2016 | bitcoin, Block, Block Chain, BlockChain (as a compound term), Chain, Certainty, Decentralized/Decentralised, Ledger, Peer-to-Peer, Cryptocurrency, Virtual Currency, Non-Regulated/Unregulated, Payment System, Token, Electronic Cash, Network, Digital Money, Digital Cash, Digital Currency, Digital Asset, Smart Contract, Electronic Asset | Distributed Ledger Technology: beyond block chain | The United Kingdom of Great Britain and Northern Ireland Gov.uk |
Mar 19 2016 | Bitcoin, Block, Chain, blockchain (sic), ledger, | The blockchain in financeHype springs eternal Distributed ledgers are the future, but their advent will be slow | Economist |
March 26 2016 | Bitcoin, blockchain (sic), ledger | The signaland thenoise SPECIAL REPORTTECHNOLOGY AND POLITICS | Economist |
4/20/2016 | bitcoin, Block, Block Chain, BlockChain (as a compound term), Chain, Decentralized/Decentralised, Ledger, Cryptocurrency, Token, Network, Digital Asset | Global Insight: Blockchain in Banking: DisruptiveThreat orTool? | Morgan Stanley |
May 21 2016 | Bitcoin, blockchain (sic), ledger | Clinical trialsBetter with bitcoin Blockchain technology could improve the reliability of medical trials | Economist |
6/17/2016 | bitcoin, BlockChain (as a compound term), Certainty, Decentralized/Decentralised, Ledger, Peer-to-Peer, Cryptocurrency, Electronic Money, Network, Digital Currency, Digital Asset, Smart Contract, Distributed, Shadow Finance (investing, borrowing, lending, banking) | Fintech and the Financial Ecosystem: Evolution or Revolution? | Bank of Canada |
Jul 20 2016 | Bitcoin, blockchain (sic), ledger | 5 applications for blockchain in your business | Economist |
8/15/2016 | bitcoin, BlockChain (as a compound term), Chain, Certainty, Decentralized/Decentralised, Ledger, Peer-to-Peer, Non-Regulated/Unregulated, Network, Smart Contract | Financial Market Infrastructures and Distributed Ledger Technology | World Federation of Exchanges (WFE) with the Affiliate Members Consultative Committee (AMCC) of the International Organisation of Securities Committees (IOSCO) |
8/25/2016 | BlockChain (as a compound term), Ledger | The World Federation of Exchanges publishes results of Distributed Ledger Technology survey | World Federation of Exchanges |
January 12, 2017 | Bitcoin, blockchain (sic), ledger | Who owns the blockchain?A rush to patent the blockchain is a sign of the technology’s promise Financial firms and assorted startups are rushing to patent the technology that underlies bitcoin | Economist |
January 15, 2017 | Bitcoin, blockchain (sic), Ledger, Virtual Currency | TECHNOLOGY The Truth About Blockchain | Harvard Business Review |
5/31/2017 | Ledger | R3 | |
June 1, 2017 | Bitcoin, blockchain (sic), ledger | Land grabGovernments may be big backers of the blockchain An anti-establishment technology faces an ironic turn of fortune | Economist |
July 15 2017 | Bitcoin, blockchain (sic), Chain, ledger | If blockchains ran the worldDisrupting the trust business The trust business is little noticed but huge. Startups deploying blockchain technology threaten to disrupt it, and much else besides | Economist |
Aug 22 2017 | Bitcoin, blockchain (sic), decentralised, ledger | The Economist explainsWhat are initial coin offerings? Proponents of crypto-currency-based projects hope that they could one day replace today’s tech giants | Economist |
Oct 7 2017 | Bitcoin, blockchain (sic), ledger | Free exchangeManias, panics and Initial Coin Offerings Crypto-coin mania illustrates the crazy and not-so-crazy sides of bubbles | Economist |
11/11/2017 | bitcoin, BlockChain (as a compound term), Cryptocurrency, Utility Token | Token resistanceRegulators begin to tackle the craze for initial coin offerings | The Economist |
Nov 21 2017 | Bitcoin, blockchain (sic) | Greater fool theoryThe bitcoin bubble There may be good reasons for buying bitcoin. But the dominant reason at the moment is that it is rising in price | Economist |
Dec 11 2017 | blockchain (sic), ledger | Jay Clayton: Statement on Cryptocurrencies and Initial Coin Offerings | |
May 2, 2018 | bitcoin, blockchain (sic) | Beaches and Bitcoin: Remarks before the Medici Conference {We have staff who are much better versed than I am in blockchain technology and the coding principles that underlie it, but for many of us in the lifeguard station there is a steep learning curve ahead. } | |
June 14 2018 | bitcoin, blockchain (sic), decentralised, ledger | William Hinman: Digital Asset Transactions: When Howey Met Gary (Plastic) {Can a digital asset that was originally offered in a securities offering ever be later sold in a manner that does not constitute an offering of a security?”....cases where there is no longer any central enterprise being invested in or where the digital asset is sold only to be used to purchase a good or service available through the network on which it was created? I believe in these cases the answer is a qualified “yes.” } | |
6/15/2018 | Utility Token | Tokens for personal mobility | IBM |
June 28 2018 | blockchain (sic), decentralised | The art of the possibleThere is no single solution to making the internet more decentralised Stopping the internet from getting too concentrated will be a slog, but the alternative would be worse | Economist |
June 28 2018 | blockchain (sic), decentralised, ledger | Special report: Fixing the internet The ins and outsHow to fix what has gone wrong with the internet The internet was meant to make the world a less centralised place, but the opposite has happened. Ludwig Siegele explains why it matters, and what can be done about it | Economist |
7/30/2018 | Token | Utility backed digital tokens,: A decentralized digital token whose value is derived from the usefulness of its application rather than just being a value transfer system. | |
February 8, 2019 | bitcoin, blockchain (sic) | Hester M. Peirce: Regulation: A View from Inside the Machine {Blockchain-based networks offer a new way of coordinating human action that does not fit as neatly within our securities framework. Satoshi Nakamoto, in the white paper that introduced bitcoin to the world, envisioned a “network [that] is robust in its unstructured simplicity.”} | |
July 26, 2019 | blockchain (sic), decentralised, ledger | How Blockchain Will Change Construction | Harvard Business Review |
0.2 A Message for You & MQCC™ and the International Community
To the Residents of countries who are members of the United Nations (UN), World Trade Organization (WTO) & Organisation for Economic Cooperation and Development (OECD)
-and -
Government (Public) Regulators (GPR) Self-Regulatory Organizations (SRO) in all forms: Hybrid SRO (government-mandated, private or non-government) Regulators & Private SRO (non-government-mandated, private or non-government) whose common goals are to keep the global public in "better, safer and more efficient" conditions.
General Public, Consumers, Customers, Prospective Customers, Industry, Regulators, Regulatees, Investors, Shareholders, Stakeholders, Public Official & Government
RE: Certified Quality, Conformity Management-in-Commerce through the application of the "Principles of 'BlockChain'".
MQCC™: Recognized - Respected - Trusted
As a Consumer in an Interconnected Global World, in matters of National or International Commerce, does "Good Quality" Matter to You?
It should, because "Good Quality" matters to your home government, the international governing community (countries) and global regulators; since that's the common goal they seek to achieve for you.
Remember the last time you ordered something, convinced by a vendor that the quality of their product or service was good. After receiving the goods or services, you discover the quality was nothing near what you expected and your trust was lost. For example, many consumers feel that the Canadian (and global) finance sector has a similar problem. Studies show that a significant number of Canadians (and global consumers) are dissatisfied with their current experience with their existing banking and finance providers; from customer service to failing to meet customer requirements.
Implementing a Registered Quality Management System, built from the ground up, applying seminal "BlockChain" principles first discovered by the founder of MQCC, Anoop Bungay, pursuant to the development and commercialization of a "peer to peer electronic finance system" in the early 2000's, solves the problem of poor quality and loss of trust.
Welcome to MQCC™:The Future of Global Commerce™
Where Quality Lives™.
Registered to National (Canada) & International Standards for Quality Management: "Risk Reduction, Accountability, Transparency and Efficiency through Certified Quality Management".
MQCC: Pan-Industry, Pan-Functional, Regulatory-Integrated: Quality, Conformity, Command, Control Systems, Technology, Services and Products.
The Money Quality Conformity Control Organization (MQCC™) [incorporated as MortgageQuote Canada Corp.] is the world leader in providing real-time transparent, accountable and efficient, OSFI/OSC(Canada), SEC®/OCC (USA), FCA/PRA (UK)) and Other Regulatory Body (IFAC/IIROC/RECA/FICOM/FSCO/MSC - Canada & International), certifiably statutory-, regulatory- and process- (SRP™) conformity, operational, reporting & audit technology to the banking & finance sector; to help businesses and organizations be more efficient and improve customer satisfaction.
Commencing in September 16, 2006, MQCC™ developed what is today described in Article 1 of Page 1 of this website, www.mqcc.org.
Patent-pending and proprietary, continually improving, world-class MQCC systems and technology creates measurable levels of efficiency, quality, trust & confidence for the three critical risk management functions of a regulated and non-regulated financial sector company: "Macro" functions: Business (Operations), Enterprise (Conformity) and Governance (Audit); and "Micro" functions: processes. All within a transparent, "BlockChain" principles-based, proof-of-work" organization conformity meta-operating system consisting of integrated internal controls for risk management, governance, legal and operational processes.
In good company. MQCC™ is the only organization in Canada's finance sector, whose risk based, unified Quality Management System technology is built on Standards that are both: recognized by 163 countries, including the Canadian Federal Government and all finance sector regulators; and registered thereto, by an Accredited Certification Body: "to safeguard consumers and users of [financial] products and services ..."
MQCC: Making the Difficult Easy Since 2006™.
Origins in Finance from 2001-2006, to present-day.
The original need/challenge/problem solved by Mr. Anoop Bungay, Founder of MQCC™, was to create an environment that makes your financial processes, "safe", "reliable" and "good" for:
- traditional mortgage and non-mortgage financing from organizations, namely, Banks, Institutional and Regulated financial entities who trade in non-digital regulated financial instruments.
- non-traditional mortgage and non-mortgage financing from individuals and organizations, namely, non-bank, non-institutional, non-syndicated, non-regulated or regulatory exempt, free trading entities; also known as Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow entities who trade in digital and non-digital non-bank, non-institutional, non-syndicated, non-regulated or regulatory exempt, free trading securities and related financial instruments; also known as Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow securities and related financial instruments.
This resulted in the development of a regulatory-recognized, regulator audited, unified Quality Management System (uQMS™) which was designed to enable a continual statutory and regulatory conformity and to prevent statutory and regulatory nonconformity events, for the following scope: "provision of mortgage banking ("lending" in Canada) and mortgage brokerage services".
As improvements were continually discovered, the MQCC uQMS™ evolved into a sub-system within an overarching system of organization conformity and control, MQCC OCOS™ (also known as the brand name: "Archangel™").
At the MQCC™ Finance Division, "We do what we say and say what we do"; this approach "Makes Banking, Finance & Investing Better" Better."
MQCC™ Organization Information
Domiciled in Canada (domicile.mqcc.org) with divisions that operate at global, regional and country levels; government and non-government levels primarily within the following North American and International Equivalent, Industry Classes:
- NAICS: 81399 - MQCC.org serves as an international non-governmental organization (INGO), as defined by the United Nations Economic and Social Council Resolution 288(X); pursuant to Section B, Part 1, Paras. 8 & 9, of February 27, 1950. Source[40]
- NAICS 522 - Finance Sector; Credit intermediation & Related Activities
- NAICS 54 - Professional, scientific and technical services
- NAICS 55 - Management of companies and enterprises
- NAICS 62 - Educational Services
- NAICS 51 - Information and cultural industries
MQCC: Safer, Better and More Efficient Organizations & Processes.
Incorporated in 2006 and developer of the world's first "Principles of BlockChain"-based, commercialized, regulatory recognized, litigation tested, systems and technology.
Continually registered to an ISO 9000 Quality Management System standard since May 9, 2008 to the National and International standard of 119 countries, MQCC is also the world's most trusted "BlockChain" company.
Empirically Tested, Empirically Trusted™
WTO, OECD and other International Organizations
MQCC Systems and Technology may be influenced by, compliant with, or registered to the:
- agreements
- annexes
- decisions
- understandings
- general principles
- guidelines
- recommendations
- standards
of the following International Organizations (not a complete list):
- World Trade Organization (WTO)
- Use of International Standards to help reduce "technical barriers to trade" (TBT) (source: ISBN 978-92-870- 3836-4)
- Organisation for Economic Cooperation and Development (OECD) & Group of Twenty (G20)
- G20/OECD Principles of Corporate Governance (Source: ISBN 978-92-64-23687-5)
- Group of Seven (G7)
- 7 Fundamental Elements of Cybersecurity in the Financial Sector
- The Digital 9 (D9)
- Source: (https://www.digital.govt.nz/digital-government/international-partnerships/the-digital-9/)
- United Nations (UN)
- UNDP United Nations Development Programme RE: Governance
- ECOSOC United Nations Economic and Social Council RE: Rule of Law
- UNS CEBC United Nations System, Chief Executives Board for Coordination RE: "Unification of Disparate International Organizations" (defined by MQCC).
- United Nations Development Programme (UNDP); Governance for Sustainable Human Development – A UNDP Policy Document.
- International Organization for Standardization (ISO)
- International membership at a country-level.Source: (www.iso.org)
World’s First Global Commerce Federation of Systems (FOS) Network: MQCC FOSNET™[41] with in-built National, International Standards based upon Traceable Trust™[42] Functionality
Integration Hierarchy is Equivalent and Applicable to at least 119 Countries (See Annex A of this authoritative encyclopedic reference).
Quality Starts at the Top for a Country, Organization, Family or Person.
- Office the President of the United States of America (USA)
- Parliament of Canada Cabinet Directive
- Royal Charter of the United Kingdom and Great Britain and Northern Ireland (UK)
Read the section of this authoritative encyclopedic reference named: Quality Starts at the Top: United Nations (UN), Canada, United States of America (USA), United Kingdom of Great Britain and Northern Ireland (UK) & International Organization for Standardization ISO
1.0 Prelude
Nine (9) Years Minimum Education (Learning)[43] & Experience Required in matters related to the “Principles of ‘BlockChain’” Concept System[44]; Stages of Education, Knowledge, Skills, Work Experience[45], Competency[46], Proficiency[47] Organizational[48] Knowledge[49]
119 countries (at least[50]) agree with the guidelines prepared by the International Organization for Standardization (ISO) that consultants[51] “should have the appropriate education needed to acquire the knowledge and skills relevant for the consulting services to be provided. A typical example is provided in Annex B.”[52] This typical example in Annex B indicates at least four (4) to six (6) years of EXPERIENCE (BEFORE the minimum three (3) year secondary level education) plus at least two (2) years of additional subject field[53] (system, technology, product or service)[54] work experience plus additional implementation experience (a subordinate concept of work experience) in a specific subject field.
Before any organization (government, private or public company, regulatory body, regulated entity, trade association, non-government organization) is deemed competent or proficient to act within a subject field, for example: the “Principles of ‘BlockChain’”, the organization must be able to demonstrate to its:
- Top Management
- Owners
- Shareholders (Private, Public, Government, Non-Government)
- Stakeholders
That the organization possess the relevant Organizational Knowledge “necessary for the operation of its processesses and to achieve conformity of products and services.”[55] Such knowledge may come from internal sources (employees and internal experience), external sources (consultants, academia, standards). When it comes to the “Principles of ‘BlockChain’” and the related concept system, MQCC is the pioneering:
- Consultant
- Academic Entity
- Standards-setting Body
So, if your organization seeks to learn knowledge in the subject field of the “Principles of ‘BlockChain’” and its broader, concept system, the MQCC is your natural source of such knowledge.
The subject matter is easy to understand however it will take years to teach the world because every organization is comprised of people; and the people who will be appointed to work in the subject field of the “Principles of ‘BlockChain’” and its broader, concept system, will need to learn the principles, concepts and core processes. Only once a sufficient quantum of people have the necessary knowledge, can the organization be able to establish that it has the Organizational Knowledge to effectively proceed to achieve its objectives[56]. ISO defines objectives broadly to include those of a strategic, tactical or operational nature; and, those at an organization, project, product or process level.
Taxonomy of Educational Objectives: MQCC “Principles of ‘BlockChain’” and Concept System
As Benjamin Bloom and his colleagues presented, the subject field which “deal with the recall or recognition of knowledge and the development of intellectual abilities and skills”[57] is a function of human cognition, or what Dr. Bloom conceptualized as the cognitive domain. There are two other domains however for the purpose of this entry-level introduction, the focus is on the cognitive domain.
Dr. Bloom and his colleagues developed an ordered taxonomy based upon a hierarchy (consistent with research findings), such that “objectives of one class are likely to make use of and be built on the behaviours found in the preceding classes in the list.”[58]
The Bloom’s Taxonomy which is recognized and adopted globally, looks like this[59]:
Bloom’s Taxonomy
1.00 Knowledge
2.00 Comprehension
3.00 Application
4.00 Analysis
5.00 Synthesis
6.00 Evaluation
The implication is clear: every consultant or member (employee, volunteer) within an organization that desires to trade in, incorporate or otherwise learn about the “Principles of ‘BlockChain’” and the broader concept system; must progress and be tested throughout these phases of learning. Once the learning and measurement (testing) is done, after an additional period or work experience (at least nine (9) years of work experience, as defined above), will a consultant or employee be deemed at least competent to advise or practice in the “Principles of ‘BlockChain’” and the broader concept system.
Many from One: the MQCC Scale of Learning Expansion
If each person with sufficient knowledge - at a competence standard - is named an “Individual-Person Knowledge Unit”; then the following expansion scale applies:
- One Individual-Person Knowledge Unit
- Group of Individual-Person Knowledge Units
- Organization of Individual-Person Knowledge Units
Regulatory Bodies (National and International; Public and Private) Don’t Know and are only Learning; the Trade Associations Don’t Know and are only in the Knowledge Stage of Learning
What the “world” including global (national and international) public and private regulatory bodies, trade associations and lay consumers, investors and business persons [Interested Parties] know as the object or observed phenomena commonly misunderstood as “blockchain”, is borne out of the need - between at least as early as August 14, 2001 and April 9, 2005 - to create an overarching system of control to regulate and govern the digital (HOT™[60]) Network-based and non-digital (COLD™[61]) Network-based trade of:
- non-bank, non-institutional, non-syndicated, non-regulated or regulatory exempt, free trading securities and related financial instruments; also known by the method of trade, or Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow securities and related financial instruments.
The origins of the object or observed phenomena commonly misunderstood as “blockchain”, is a function of:
- Private Regulation
- Self Regulation
- Private Standards
- National Trade
- International Trade
- Quality Management
- Conformity Enforcement
- And more (not an exhaustive list of functions)
The historical record shows that public regulatory bodies and trade associations are “recent arrivals to the scene” of the object or observed phenomena commonly misunderstood as “blockchain”; and until this authoritative encyclopedic reference was written, no singular source of knowledge provided a scientific-based, historically-accurate, information timeline. Regulatory bodies, trade associations and Interested Parties have learned most of what they know from third party sources (consultants, advisors, business persons) who themselves do not possess a scientific-based, litigation-tested understanding of the subject matter concept system[62] and its origins.
For this reason, it should come as no surprise to the reader that there is confusion and misunderstanding surrounding the very private and very functional origins of the object or observed phenomena commonly misunderstood as “blockchain” - originally abstracted into the concept terminological phrase[63]: Bungay Unification of Quantum Process Algorithm; synonymous with (also represented as) the “Principles of ‘BlockChain’”; and related concept system matter.
Indeed, it was inevitable that this document would be written, resulting in the correction of a common misunderstanding of what is perceived reality and the uncommon understanding of what is actual, over 19-year old, litigation-tested reality.
Quantitative, Empirical, Traceable, Verifiable and Immutable Evidence of a 19-Year, 3-Step, Controlled, Global Disclosure Process: First through Commercialization, Second through Commercial-Based Advertising, Third through Formal Publishing
At some time between 2001 and present day (2019)[64], when the commercial-grade trade or business[65] problem in the finance industry sector[66], which lead to the discovery of the object or phenomenon principally[67] conceptualized as the Bungay Unification of Quantum Processes Algorithm [also represented as the “Principles of ‘BlockChain’” - among other synonymous abstracted concept terms[68]] was observed in its full form[69] [for achieving, among other things, the ability to prevent “double lending” within a peer-to-peer electronic finance system] the implications were immediately apparent. Nonchalantly, the business continued as a going concern, serving the needs of its customers, clients and shareholders while meeting its obligations to regulators, liability insurers and related third parties.
As of publishing the original public version of this authoritative encyclopedic reference (August 2019) - with some subsequent updates - it is neither unfair nor unreasonable to suggest that MQCC and its predecessor organization Bungay International Inc. have - and will always have - a nearly 10 to 20 year headstart on the “world”.
As explained in a blog article earlier this year[70], MQCC was trading in the benefits of the “Principles of ‘BlockChain’” as least as early as April 9, 2005, when the world’s first commercialized, regulatory-integrated Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow system-network was created for the trade in non-bank, non-institutional, non-syndicated, non-regulated or regulatory exempt, free trading securities and related financial instruments commenced operations online at PrivateLender.org: Canada’s Private Lending Network™/®; (www.privatelender.org), it was the benefits that were being advertised, not the name of the object or observed phenomena which created the benefits.
19 years of pioneering experience and global leadership has shown the Author that the“world” seems more interested in investing real money and valuable personal time and limited sovereign or organization resources in “names and experimental untested concepts” and not in “traceable, verifiable, immutable deeds and proven commercial, sustainable, litigation tested, regulatory-integrated, liability-insurance conforming, revenue-generating, turn-key solutions”.
Like the beverage maker that added “Blockchain” (sic) to its name resulting in a 289% share price increase.[71] There was nothing more than a name, not a proven traceable, verifiable, immutable deed; nothing to do with the “Principles of ‘BlockChain’’’ other than in name only. A BINO™[72] as it were. It is hoped that by publishing this authoritative encyclopedic reference, this will focus on the superficial will change and MQCC may license its intellectual property to the global community. MQCC is OPEN FOR BUSINESS.
You cannot expect a kindergarten student to understand complex business models where the end product or service is not wholly visible (more on this in later sections). This authoritative encyclopedic reference will take you, the reader, through the journey of how the disclosure of the “Principles of ‘BlockChain’” transitioned through the MQCC Simple to Complex Marketing Paradigm™[73] into the MQCC Market-Understandable Marketing Paradigm™[74]
MQCC Simple to Complex Marketing Paradigm
- Simple Concept Expression: marketing the deliverable service and product - circa 2005; with the expectation that the audience had an inherent understanding of the benefits:
- PrivateLender.org: Canada’s Private Lending Network™ (www.privatelender.org); April 9, 2005; although trade prior to this date was effected at www.mortgagequote.ca at lease as early as October 2013[75].
- Compound Concept Expression: marketing the benefits of one or some functional aspect (subsystem) of the overarching concept system[76] that created the deliverable service and product - circa 2011; with the expectation that the audience will have a secondary reason to become customers, not because of WHAT service or product is being offered but HOW the service or product is being formed/created.
- World Class Quality Leadership: MortgageQuote Canada Corp. is internationally recognized as Canada's leader in quality mortgage origination. As an ISO 9001:2008 registered mortgage brokerage company, it is the only firm in Canada with a proven, internationally recognized and accepted, quality management system. This means you can expect the very highest quality mortgage service available to anyone, in Canada. At MortgageQuote Canada Corp.: "We do what we say and we say what we do"; www.mortgagequote.ca. At least as early as December 4, 2011.[77]
- Complex Concept Expression: marketing the trinity; including marketing the overarching concept system by name or definition or both; with the expectation that the audience will have a full understanding of why to become customers, not because of WHAT service or product is being offered but HOW the service or product is being formed/created and WHY [Authors Note: this authoritative encyclopedic reference recounts the WHEN and WHERE - but not the HOW; the HOW my reader, remains licenseable intellectual property - contact MQCC to get your license at info@mqcc.org (end of advertising)].
- marketing the deliverable service and product
- marketing the benefits of one or some functional aspect (subsystem) of the overarching concept system
- marketing the overarching concept system by name or definition or both
- Originally designed to assure statutory, regulatory and process (SRP™) conformity of global trade within the world's first token-based peer-to-peer electronic finance system; MQCC™ is developer of the world's first internationally recognized, pan-industry, pan-functional, cross-cutting, energy-efficient, resource-efficient, quantum computing-ready, platform agnostic (technology neutral) , bespoke, unified, defense standard, military/law enforcement-grade, rules-based federation of systems (FOS)/system of systems (SOS)-scalable, turn-key, plug 'n play (PnP), top-to-bottom (T2B) and end-to-end (E2E), interoperable, "secure, risk-based meta-operating system" designed to provide frictionless, real-time assurance of statutory, regulatory and process conformity for any public sector (GOVERNMENT), private-sector (regulated and non-regulated COMMERCE) and non-government organization (NGO). A functional system built in accordance to the MQCC Automated Artificial Algorithmic Intelligent (AAAI™) brand of pioneering self-learning, "systems-level AI". MQCC systems are founded upon seminal standards and seminal MQCC "Principles of 'BlockChain'" which establishes "at-a-glance" levels of trust, accountability, transparency, responsiveness and efficiency. Empirical longitudinal studies, 12 years of annual systems audit by independent auditors and 12 years of continual registration to the National and International Quality Management System standard of 119 countries: ISO 9001:2015, empirically proves that MQCC systems and technology provide immediate benefits, may be rapidly deployed, may be scaled to any size entity; and result in increased revenue and profitability; increased cost savings; and reduced risk of loss and expenditure. Celebrating over 19 years of successful scientific-method-based primary research, discovery, development, commercialization, litigation testing, regulatory audit, regulatory scrutiny and regulatory recognition (through registration to National and International Quality Management System Standards), continual operation and continual improvement; www.mqcc.org; at least as early as 10, 2018[78].
Notice the evolution of the domain name; each successive increasing level of complexity coincided with a new website domain name”
MQCC Market-Understandable Marketing Paradigm
Notwithstanding the logical and temporal MQCC Simple to Complex Marketing Paradigm, when the market started paying attention to the object or phenomenon simply known as “BlockChain” the focus was not on the proven, profitable, sustainable, safe business peer-to-peer electronic finance system; the focus became the novel, experimental, peer-to-peer electronic cash system.
And history has proven people are quick to jump on the bandwagon of a name they understand: “BlockChain”; “utility token”, “securities token” instead of taking the time to understand “what is really going on”. This authoritative encyclopedic reference, now that it is published, sincerely, hopes to change the current state of affairs in the world, in this regard.
Before you invest one more fiat currency unit into a “BlockChain”; “utility token”, “securities token”, invest to read this authoritative encyclopedic reference and understand that the “Principles of ‘BlockChain’” are simple, easy to apply and provide wonderful benefits in any application for any scope; the “Principles” did not require computer programming language at the time of origination (2001), and still do not require computer programming language, nearly 20 years later (2019).
Expert: What is One and What makes One
Before you spend any money or time on a company or consultant or prospective employee to provide you services or knowledge on the subject of “cryptofinance” or the “Principles of ‘BlockChain’”, conformity science and related concepts, ask the prospective party the following five-word question:
WHAT MAKES YOU AN EXPERT?
- Then validate the response in order to verify its veracity (this is a truth system, remember?)
According to the timeline found in MQCC™ Global Public BlockChain/Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow Knowledge Register of Articles & Entities (Responses) at the end of this authoritative encyclopedic reference, it is clear that it is less than 4 years ago (2015-2016) since the public regulators at the highest government levels only began to take notice of this subject matter. And in today’s climate (July 2019), regulatory organizations that are considered word leaders are looking for people to educate them on the topic[79].
As the discoverer of:
- the “Principles of ‘BlockChain’” pursuant to the world’s first application of the “Principles of ‘BlockChain’” (Bungay Unification of Quantum Processes Algorithm)-in-commerce for the public regulatory-integrated commercial trade in Non-Bank, Non-Institutional, Non-Syndicated, Non-Regulated or Regulatory Exempt, Free Trading Securities and Related Financial Instruments; transacted on a Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow Free Trading Securities and Related Financial Instruments, within a Global Electronic Finance System-Network on April 9, 2005; and subsequent registration thereof, of a subordinate Quality Management System, to ISO 9001:2000, on May 9, 2008. To learn more, visit www.mqcc.org.
It is not unreasonable to consider yours sincerely, Anoop Bungay, as the world’s foremost authority on the subject. An expert, beyond competency and proficiency with over 19 years of experience starting at least as early as August 14, 2001.
Indeed, Merriam-Webster dictionaries[80] define expert as:
- having, involving, or displaying special skill or knowledge derived from training or experience
Adjectives include the following definitions:
- PROFICIENT, ADEPT, SKILLED, SKILLFUL, EXPERT mean having great knowledge and experience in a trade or profession.
- PROFICIENT implies a thorough competence derived from training and practice. proficient in translating foreign languages
- ADEPT implies special aptitude as well as proficiency. adept at doing long division
- SKILLED stresses mastery of technique. a skilled surgeon
- SKILLFUL implies individual dexterity in execution or performance. skillful drivers
- EXPERT implies extraordinary proficiency and often connotes knowledge as well as technical skill; ie: expert in the evaluation of wines.
To be considered Competent or not to be considered Competent; this is the question.
ISO 10019:2005 - Guidelines for the selection of quality management system consultants and use of their services[81] published in 2005 provides guidance to the general public, regulatory bodies, commerce and industry on “how to distinguish a competent... system consultant from one who is not competent.”
If you are looking to hire a consultant or a company to provide you with “Principles of ‘BlockChain’”, cryptofinance and related help - at a system level (which is the de facto minimum implementation reference scale), your organization or company shareholders require that you are satisfied - at a demonstrable, traceable, verifiable standard - that the candidate is able to do the following roles by keyword; contact MQCC for the complete requirements in accordance with the MQCC Standards™:
- Assist
- Illustrate
- Communicate
- Advise
- Identify processes
- Identify documentation needed for planning, operation and control
- Evaluate
- Promote
- Train
- Connect
Attribution-based Competence
- Personal
- Education [ideally from MQCC]
- Knowledge and Skills
- Work Experience [in a direct field, which is likely not possible]
- Ethics
Suggested Number of Years for Education and Work Experience
Total Work Experience for “Principles of ‘BlockChain’”-based systems[82]:
NOTE 1: It is essential that the experience of the consultant be relevant to the “Principles of ‘BlockChain’’” system realization.
- 4 years for people who have graduated from a university.
- 7 years in total when you add at least a 3 year university undergraduate degree.
- 6 years for people who have graduated from secondary education.
Evaluation of References
- Previous assignments
- Publication of books and articles
- Professional reference
- Prior project documentation review
- Interviews with prior system clients
- Review of prior experience timeline
- Knowledge of field of competitors
- Professional certifications and qualifications
- Direct competency interview with the consultant
Competency Level Assessment
Definition of competency in the binary digit, information technology, “Principles of ‘BlockChain’” domain:
Proficiency Level Assessment
Definition of proficiency in the binary digit, information technology, “Principles of ‘BlockChain’” domain:
Final comments on expertise:
Save your limited sovereign, family or personal cash and your valuable time, ask the following 5 word question before you take on a consultant or pay money to an investment sales person or solution provider in matters related to “Principles of ‘BlockChain’”, cryptofinance, and related concepts.
WHAT MAKES YOU AN EXPERT?
- Then validate the response in order to verify its veracity (this is a truth system, remember?)
The “Worlds’” Self-Learned Level of Understanding is Incorrect
Claim:
- The world’s first application of the “Principles of ‘BlockChain’” (Bungay Unification of Quantum Processes Algorithm)-in-commerce for the public regulatory-integrated commercial trade in Non-Bank, Non-Institutional, Non-Syndicated, Non-Regulated or Regulatory Exempt, Free Trading Securities and Related Financial Instruments; transacted on a Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow Free Trading Securities and Related Financial Instruments, within a Global Electronic Finance System-Network on April 9, 2005; and subsequent registration thereof, of a subordinate Quality Management System, to ISO 9001:2000, on May 9, 2008.[85]
Implication:
The “world’s” current, self-learned common understanding of the origins and underlying, non-novel science in matters related to the subject matter of this book, namely, the Bungay Unification of Quantum Processes Algorithm also known as the “Principles of ‘BlockChain’”; and the birth of Binary Digit, Non-Bank, Non-Institutional, Non-Syndicated, Non-Regulated or Regulatory Exempt, Free Trading Securities and Related Financial instruments also known (because of the manner in which they are delivered) as Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow Securities and Related Financial Instruments; “Principles of ‘BlockChain’”-based, Regulatory-Integrated, Risk-Based Systems, Technology, Services and Products[86]; including many of the items listed in MQCC Table 1, is, regrettably, incorrect.
MQCC Table 1
Bitcoin Block Block Chain BlockChain (as a compound term) Chain Continuity Certainty Decentralized/Decentralised Ledger Peer-to-Peer Cryptofinance Cryptocurrency Private Lending/Lender | Virtual Currency Non-Regulated/Unregulated Person to Person Lending Payment System Virtual Money Token Electronic Cash Electronic Money Network Digital Money Digital Cash Digital Currency Digital Asset | Virtual Asset Smart Contract Electronic Asset Distributed Shadow Finance (investing, borrowing, lending, banking) Secret Finance (investing, borrowing, lending, banking) Utility Token Securities Token |
The Author’s Bona Fides/Credentials: Who Am I
My name is Anoop Bungay, of Calgary, Alberta, Canada and you will discover that yours sincerely:
#1 - naturally discovered the "Principles of 'BlockChain'" as a result of seminal, primary scientific-method-based research, development, testing, commercialization and National and International registration to ISO 9001:2000; ISO 9001:2008 and ISO 9001:2015, from at least as early as August 14, 2001, in order to develop the world's first Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow[87] electronic finance system for the trade in "non-bank, non-institutional, non-syndicated, non-regulated or regulatory exempt, free trading financial securities[88], namely, the “cryptoloan” and “cryptomortgage”; commencing on April 9, 2005, at the internet domain name www.privatelender.org and operating as PrivateLender.org: Canada's Private Lending Network®. Marketed globally pursuant to the Singapore Treaty, Nice Agreement, Madrid Protocol and World Intellectual Property Office protocols, under the international registered trademark brand name the BITMORTGAGE®. This occurred five (5) years before the experimental, alpha-state subordinate-network for payment transfer, a digital "cryptocurrency" network (generically marketed globally as 'bitcoin') was made available to the public on January 8, 2009.
#2 - defined a new field of study named conformity science. Learn more, including the dictionary definition at www.conformity.org.
Creations Speak > Louder than Actions which Speak > Louder than Words™[89]
#3 - Commercialized (created) and developed pending commercialization for intellectual property reasons or pending technology readiness (but most things are commercialized) - This list is found in Schedule A, however you may as well know now in order to understand what 19 years of the “Principles of ‘BlockChain’” body of knowledge created:
The MQCC™: An organization of "Firsts", starting first with the Finance Sector, including:
- +First developer of BlockChain systems, technology, services and products in Finance (2001 onward); designed to assure National and International Standards-Class of conformity to statutory, regulatory and process requirements for regulated organizations and regulated processes. REGULATOR-PROOF your Business Operations.
- +Developer of the world's first meta-BlockChain protocol; an inherently "non-mining" solution. FYI: The "mining solution" was created over 4 years after the MQCC BlockChain protocol.
- +Inventor of the First Application of BlockChain-in-Finance; serving the global community since at least before April 9, 2005.
- +Inventor of the world's first BlockChain quality management system (BQMS™) and certified BlockChain quality management system (CBQMS™) - trademark branded as the MQCC uQMS™ Unified Quality Management System - registered to ISO 9001:2000, ISO 9001:2008, ISO 9001:2015; and the latest version: Quantum Unified Quality Management System™ QuQMS™ trademark brand.
- +Developer of the MQCC BlockChain Conformity Management System (BCMS™) Standards.
- +Inventor of the world's first Secure Risk-Based meta-Operating System.
- +Inventor of the world's first BlockChain platform network (MQCC BlockChain aka MQCC Network) registered to the international standard of Quality Management Systems since May 9, 2008.
- +Developer of the first commercially available, pan-industry, pan-functional, self-correcting, regulator-audited, hybrid-regulated, enterprise level, top-to-bottom (T2B) and end-to-end (E2E), Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow finance global, interoperable, meta-operating system built on MQCC™ Blockchain Principles (The technical title is the "Bungay Unification of Quantum Processes Algorithm") first identified by MQCC's founder: Anoop Bungay (2005 onward). Read every page of "authoritative encyclopedic referenceBlockChain.com" to learn more.
- +Inventor of the world's first National and International Standards-class, global, Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow credit intermediation & financial system; based upon MQCC Transmundane™ version of the World's first "global meta-operating system"; for 119 countries.
- + Developer of the world's first 12 Year old, BlockChain-based, Regulatory-Integrated, USA DoD Conforming, Rules-Based ,Global Internet Sub-network of Autonomous and Heterogeneous Federation of Systems (FOS) and System of Systems (SOS) designed for regulatory bodies, regulatees and the public whom both serve.
- +Developer of the world's first "open banking systems" protocol that integrates the "Principles of 'BlockChain'" with a pan-industry, pan-functional, self-correcting, regulator-audited, hybrid-regulated, enterprise level, top-to-bottom (T2B) and end-to-end (E2E), Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow finance global, interoperable, meta-operating system.
- +Inventor of the world's first National and International Standards-class, global, institutional credit intermediation & financial system; based upon MQCC Transmundane™ version of the World's first "global meta-operating system"; registered to the National Standard of 119 countries for Quality Management Systems.
- + World's first functioning System of System (SOS) and Federation of Systems (FOS) integrated meta-system structure; independent autonomous organizations inter-operating with other organizations on the basis of consensus-based rules, not technology, resulting in the utmost levels of autonomy, heterogeneity and independent control.
- +Developer of the world's first "application of "Principle's of 'BlockChain'" in commerce with seminal, functional-level, knowledge base including: ontology; and seminal controlled language (vocabulary), including: taxonomies, thesauri, terminology; concepts; principles; formulas; theorems, logic, proofs and related, 'first-level' core knowledge.
- +World's First integrated Principles of 'BlockChain'"-based system-network built on higher-level, consensus-based system standards and competency standards resulting in higher states of integrity and quality.
- +Developer of the world's first conformity system ontology based upon multi-discipline convergence of science, engineering, law and finance.
- +Developer of the world's first litigation tested meta-operating system; litigation tested by member organizations of the ICLR (International Conference of Legal Regulators) in 2013, for a transaction originated in 2010.
- MQCC: Tested by Lawyers; Trusted by Lawyers™[90]
- +Developer of the world's first integrated, unified, governance-function, legal-function and operation-function based BlockChain protocol, within a Quality Management System layer.
- +Developer of the world's first "proof-of-quality" (POQ™) token process.
- +Developer of the MQCC "Highest and Best System State™" Standards
- +Inventor of the world's first Defense Standard, Military/Law Enforcement-Grade, NIST (National Institute of Standards and Technology) Framework Core-Standard, Integrated Policies & Procedures (IPP™) Cybersecurity Core BlockChain System (MQCC IPP™ Cyberlockchain™) & Engineered Privacy BlockChain algorithm.
- +Developer of the world's first "global sandbox" meta-operating environment that may be customized to "enforce compliance" to principles, guidelines and standards of the United Nations (UN), World Trade Organization (WTO), Organisation for Economic Cooperation and Development (OECD), International Organization for Standardization (ISO) and more.
- +Developer of the world's National and International Standards based, safest peer-to-peer (P2P)/private/crypto/secret/shadow financial syste
- +Developer of the world's first "cold-crypto" network integration protocol, for traditional "hot crypto" networks.
- +Developer of the Two-Phase Trust™ 2PT™ Protocol that underpins a good blockchain.
- +Developer of the Bungay TITO™- Squared (TITO²) Truth Trust Protocol: a "Truth In Truth Out" protocol which creates a "Trust In Trust Out" system.
- +First developer of a commercially available, fully regulated, enterprise level, top-to-bottom (T2B) and end-to-end (E2E) , global institutional banking and finance meta-operating system (2005 onward).
- +First & only developer of the world's oldest, safest and most trusted crypto- and noncrypto financial system continuously registered to ISO 9001:2000, ISO 9001:2008, ISO 9001:2015. Bringing quality, transparent, accountable and efficient methods and process to ANY financial transaction between industry and consumer (2008 onward).
- +Developer of the world's first pan-jurisdiction (national and international) harmonized regulatory BlockChain protocol, assuring "cross-border" conformity of disparate regulations on a digital basis (digital conformity)..
- +Developer of the world's first self-learning/self-correcting system built on and in AI (artificial intelligence) algorithm-based ecosystem. With component systems built on the meta-operating system MQCC (R)evolution.
- +Developer of the world's first Intellectual Property Utility Token protocol MQCC InPUT™
- +Developer of the world's first "systems-level AI" (artificial intelligence/computer intelligence) functional, self-learning, self-correcting system & technology designed at an organization level, for a high-quality, 'overarching system of control' for management of complex and critical projects. MQCC proprietary "Systems Learning" (SL) proprietary knowledge-base is beyond machine learning (ML) , Deep Learning (DL) and Neural Networks (NN).
- +Developer of the world's first "self-learning management system" and "self-learning quality management system" built on "Principles of 'BlockChain'" and "AI".
- ++ Developer of the technology neutral "open commerce standard" extension (.ocst™) protocol and the OurCompanyPlan.com™ .ocp™: Active BlockChain Corporate Data Electronic File™ (ABCDEF™) Standard.
- +Developer of the globally recognized "Certified BlockChain System CBCS™ Standards".
- +Developer of the world's first (deployed in 2008) "Governance & Operating Decentralized System" (MQCC GODSNET™) deployed on a Federation of System (FOS) network (MQCC FOSNET™) interoperable with a System of Systems (MQCC SOSNET™) subordinate network. MQCC GODSNET™ is a secure, Federal Government Recognized, Canadian and USA Department of Defense-grade, National and International standards-class, easy-to-deploy, cost-efficient, technology neutral, overarching system of command, control and quality (CCQ™), designed to assure the highest level of transparent, measurable and sustainable good governance practice, effectiveness, trust and confidence within Government-Regulator-Regulatee organizations for the benefit of General Public /Constituents. The proven, 12 year old MQCC FOSNET™ helps federal, provincial and civic governments realize Canada's Federal Directive on Regulations (public policy) because it is built from the ground-up on seminal "Principles of 'BlockChain'" - first discovered by the Founder of MQCC between 2001 and 2005) - and enables independently managed Regulators (Regulatory Body) within any discipline or industry group to coexist with other independently managed Regulators (Regulatory Body) within other disciplines or industry groups; and enables all Regulators to create and manage their own respective System of Systems (SOS) Network (MQCC SOSNET™) comprised of decentralized autonomous organizations (MQCC DAO™) or Regulatees (Regulated Entities) within a rules (policy) based environment. Both the MQCC FOSNET™ and the MQCC SOSNET™ are built with National and International equivalent Quality Management System standards and incorporate best-in-sector governance industry (public administration) practice protocols allowing for all parties (Regulator and Regulatee) to function in a manner that conforms to statutory, regulatory, shareholder (government or investor) and customer (government, general public/constituent or corporate) requirements. The MQCC FOSNET™ has no central authority and each member Regulator (Regulatory Body) functions independently in accordance with their constating requirements to their shareholders, normally, a Government Ministry or Government Department. The MQCC SOSNET™ is hierarchical in nature (Regulator over Regulatee) and a customizable level of interoperability and integration to allow for regulated audit, regulated disclosure and reporting while maintaining high levels of regulated privacy, regulated anonymity and regulated autonomy. While MQCC SOSNET™ has hierarchical relationships, there is no central authority and direction, each Regulated Entity (Regulatee) has its own independent management and purpose based upon a set of applicable rules. Both MQCC FOSNET™ and MQCC SOSNET™ incorporate, measurable, consensus-based National and International Quality Management System standards (recognized in at least 119 countries), so Regulators (Regulatory Bodies) can prove to their stakeholders (Government, Shareholders, General Public, and the Regulatees whom they regulate) that they function in a manner that certifiably conforms to statutory, regulatory, process, customer and National Quality Management System requirements for its intended scope of Regulatory Operations. Obversely, Regulatees (Regulated Entities) can also prove to their respective stakeholders (Government, Shareholders, General Public/Constituents, and the Regulators who regulated them) that they, too, function in a manner that certifiably conforms to statutory, regulatory, process, customer and National Quality Management System requirements for their intended scope of Regulated Operations. Effectively, MQCC has developed a Regulator Operating System (MQCC ROSOR™) and a Regulatee Operating System (MQCC ROSEE™). When the General Public Constituents within a jurisdiction understand that both their Regulatory Bodies and Regulated Bodies function within a Regulatory Governance Framework recognized by the Federal Government to conform to their countries highest standards of Quality Management Systems - standards which transform both Regulator and Regulatee into "better, safer and more efficient" entities - the General Public/Constituents will experience the highest degree of trust and confidence in their Government's stewardship of the Regulatory Environment within their jurisdiction.
- +Developer of the "lossless commerce" and "lossless investing principles"; pursuant to discovery of the "Principles of 'BlockChain'".
- +Developer of the "NOCLAR - NOPROBLEM™" MQCC™ BlockChain subsystem application; the world's first system for organizations who employ third party, fiduciary-standard, independent auditors whose role is to ensure conformity to statutory and regulatory (laws and regulations) requirements; and report instances of non-conformity to laws and regulations (NOCLAR.org) to fourth parties including: boards of directors, shareholders, regulatory bodies, law enforcement entities.
- +Developer of the world's first commercially available MQCC Quantum BlockChain Framework™ for transforming "classical organizations" into safer, better and more efficient, "quantum organizations". Quantum Computing Ready: once user-friendly technology is made available, the classical MQCC process algorithms can be converted to quantum MQCC process algorithms on future MQCC Quantum™ server appliances.
- +Developer of MQCC Quantum™ Management Excellence: A methodology for early adopting Multinationals, to have a have permanent - MQCC BlockChain-based systems - that offer quantum competitive advantage; including: organization resiliency, increased profitability, permanent loss/waste prevention and continuous improvement.
- + Developer of a BlockChain-based protocol to demonstrably achieve six sigma level 6 or higher (7) in financial organizations. Registered to the National Standard of 119 Countries.
- Please take the time to read this entire website for all the proof you might need. You may need to register and pay a fee for access to intellectual property.
- + Developer of the Globally Trusted NISC™ Designation for Environments and Professionals (National Standards-Class and International Standards-Class)
- +Developer of the world's first learning space (based in Calgary, Alberta, Canada) to impart the "Principles of 'BlockChain'" subject pedagogy; integrating Blooms taxonomy [91] for classification educational goals; and a systems-level curriculum based upon the DACUM[92] method and SCID[93] method. A rigorous multi-year program that incorporates the scholarly method with real-world activities within the MQCC System-Network active environment.
Proven BlockChain based Quality-in-Finance is limited and therefore at a premium.
You have not heard of a company like MQCC™ before, because it has not existed before.
Here to Serve You™
Expertise (Legal Standard) of Anoop Bungay
Pursuant to the legal standard of generally accepted rules of competence, and expert evidence, Anoop Bungay, the individual who first applied the principles of “BlockChain” to a peer-to-peer electronic financial system for unregulated or regulatory market-exempt (free-trading) securities, is considered an expert in the fields of:
- Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow Finance
- Conformity Science
- Principles of BlockChain
- Defense Standard (Military & Law Enforcement Grade) Quality Management Systems
- Quantum Organization Unification Theory of Enterprise (QUOTE™[94]) and Practice of Meta-Operating Systems
This is not an exhaustive list.
While the primary research, developed since pre-2001 and present-day is not publically available, the commercial businesses borne of the primary research are going concerns and litigation tested. Namely:
- MortgageQuote Canada Corp. - Financial Products
- The MQCC Money Quality Conformity Control Organization - Conformity Science related technology, systems, products and services.
UK Common Law Standard and UK Law Commission Recommended Standard
UK Common Law Standard
Excerpt from “Expert Evidence in Criminal Proceedings in England and Wales” prepared by the Law Commission of UK[95]:
2.1 Four requirements relating to the admissibility of expert evidence in criminal proceedings have developed at common law, principally with reference to expert opinion evidence.
2.2 In this Part we first provide a summary of these requirements (“assistance”, “relevant expertise”, “impartiality” and “evidentiary reliability”) and then set out our view on whether they apply, and whether they should apply, to expert evidence of Fact.
In addition to the UK Common law standard, the UK Law Commission recommended additional standards, include three “tests” described in a draft bill entitled: “Expert Evidence in Criminal Proceedings in England and Wales HC 829”[96].
United Kingdom (UK) Draft (unenacted) Bill: Recommended Standard by the UK Law Commission regarding: Expert Evidence in Criminal Proceedings in England and Wales HC 829
THE QUALIFICATION (EXPERTISE) TEST
Of the three tests:
- The Turner Test
- The test merely requires that the court (the trial judge or magistrates’ court) be “satisfied” that the expert evidence “is likely” to be outside a judge or jury’s experience and knowledge and that the evidence would provide help. This is not a requirement which would need to be proved[97].
- The Qualification (Expertise) Test
- Clause 1(1) of our draft Criminal Evidence (Experts) Bill also provides that expert evidence is admissible in criminal proceedings only if –
(b) the person who gives it is qualified to do so … - 4.16 Clause 2(1) provides that, for the purposes of clause 1(1)(b), “a person may be qualified to give expert evidence by virtue of study, training, experience or any other appropriate means”. Clause 2(2) provides that, for that person’s evidence to be admissible, the court “must be satisfied on the balance of probabilities that [he or she] is so qualified”.
- 4.17 This standard of proof provides the minimum acceptable level of knowledge, experience or skill which must be established before an individual can provide expert evidence. The extent of the expert’s expertise beyond this minimum threshold goes to weight. That is to say, all other things being equal, the greater the level of expertise borne by an expert witness, the more likely it is that the fact finding tribunal will accept his or her evidence[98].
- The Impartiality Test
- the starting point is that there is a presumption of impartiality, based on
the common-sense assumption that expert witnesses generally tend to
comply with their duty to the court[99].
General UK Comment
3.6 We proposed that there should be a new admissibility requirement along the following lines[100]:
(1) The opinion evidence of an expert witness is admissible only if the court is satisfied that it is sufficiently reliable to be admitted.
(2) The opinion evidence of an expert witness is sufficiently reliable to be admitted if:–
(a) the evidence is predicated on sound principles, techniques and assumptions;
(b) those principles, techniques and assumptions have been properly applied to the facts of the case; and
(c) the evidence is supported by [that is, logically in keeping with] those principles, techniques and assumptions as applied to the facts of the case
Definition of “what is” Relevant Expertise
According to the Law Commission of UK, “Expert Evidence Report”[101] respecting the “relevant expertise” of a prospective expert: The individual claiming expertise must be an expert in the relevant field. This was described in the South Australian case of Bonython[102] as a requirement that the individual “has acquired by study or experience sufficient knowledge of the subject to render his [or her] opinion of value”[103], a description which has found favour in England and Wales.[104]
Further, the Law Commission of UK, “Expert Evidence Report”[105] states:
Generally speaking, it is the expertise itself which determines whether this admissibility requirement is satisfied, not the route by which the expert came to have it.[106] A recent judicial comment suggests, moreover, that the threshold for demonstrating expertise is quite low.[107] Against those points, however, it should be noted: first, that the threshold cannot (we suggest) be any lower than a requirement of proof on the balance of probabilities; secondly, that amateurs are not qualified to give some types of expert evidence;[108] and, thirdly, that explicit guidelines for determining expertise are now being formulated for certain scientific fields.[109]
In UK: Registration of the System which embodies the technology, services and products related to Anoop Bungay’s discovery and inventions, to ISO 9001:2001, ISO 9001:2008, ISO 9001:2015: The Basis for Demonstrating “Evidentiary Reliability”
According to the Law Commission of UK, “Expert Evidence Report”[110] respecting “evidentiary reliability”:
The expert’s opinion evidence must in other respects satisfy a threshold of acceptable reliability.[111] The existence of a further common law admissibility requirement of some sort can be discerned from the cases where the Court of Appeal (Criminal Division) has:
(1) held that the field of expertise must at least be “sufficiently well established to pass the ordinary tests of relevance and reliability;”[112]
(2) cited the admissibility test for expert opinion evidence in Bonython which has a reliability component, albeit one which has never been properly analysed in England and Wales; and
(3) suggested a particular type of reliability test.
USA Standard
Federal Rules of Evidence › ARTICLE VII. OPINIONS AND EXPERT TESTIMONY › Rule 702[113] [114]
Rule 702: Testimony by Expert Witnesses
A witness who is qualified as an expert by knowledge, skill, experience, training, or education may testify in the form of an opinion or otherwise if:
- the expert’s scientific, technical, or other specialized knowledge will help the trier of fact to understand the evidence or to determine a fact in issue;
- the testimony is based on sufficient facts or data;
- the testimony is the product of reliable principles and methods; and
- the expert has reliably applied the principles and methods to the facts of the case
1923 - The Frye standard (superseded by the Federal Rules of Evidence)[115]
Prior to the ruling by the US Supreme Court (In Daubert v. Merrell Dow Pharmaceuticals, 509 U.S. 579 (1993)) the Frye standard for expert testimony was followed, and still applies in some US States.(FRYE v.UNITED STATES. 293 F. 1013 ( D.C.. Cir 1923))[116] [117]
The rule is that the opinions of experts or skilled witnesses are admissible in evidence in those cases in which the matter of inquiry is such that inexperienced persons are unlikely to prove capable of forming a correct judgment upon it, for the reason that the subject-matter so far partakes of a science, art, or trade as to require a previous habit or experience or study in it, in order to acquire a knowledge of it. When the question involved does not lie within the range of common experience or common knowledge, but requires special experience or special knowledge, then the opinions of witnesses skilled in that particular science, art, or trade to which the question relates are admissible in evidence.
Numerous cases are cited in support of this rule. Just when a scientific principle or discovery crosses the line between the experimental and demonstrable stages is difficult to define. Somewhere in this twilight zone the evidential force of the principle must be recognized, and while courts will go a long way in admitting expert testimony deduced from a well-recognized scientific principle or discovery, the thing from which the deduction is made must be sufficiently established to have gained general acceptance in the particular field in which it belongs.
1993 - Rule 702 Amendment:[118] The Daubert ruling (standard); Daubert v. Merrell Dow Pharmaceuticals, Inc.[119]
This is the standard used by a trial judge to assess whether an expert witness’s scientific testimony is based on scientifically valid reasoning that which can properly be applied to the facts at issue. This standard comes from the Supreme Court case, Daubert v. Merrell Dow Pharmaceuticals Inc., 509 U.S. 579 (1993)[120] and supersedes the Frye standard.
Under the Daubert standard, the factors that may be considered in determining whether the methodology is valid are:[121]
- whether the theory or technique in question can be and has been tested;
- whether it has been subjected to peer review and publication [though not required];[122]
- its known or potential error rate;
- the existence and maintenance of standards controlling its operation; and
- whether it has attracted widespread acceptance within a relevant scientific community.
The Daubert standard is the test currently used in the federal courts and some state courts. In the federal court system, it replaced the Frye standard, which is still used in some states.[123]
The primary locus of this obligation is Rule 702 [governing expert testimony], which clearly contemplates some degree of regulation of the subjects and theories about which an expert may testify. "If scientific, technical, or other specialized knowledge will assist the trier of fact to understand the evidence or to determine a fact in issue" an expert "may testify thereto." The subject of an expert's testimony must be "scientific . . . knowledge." Footnote by Justice Blackmun regarding “technical, or other specialized knowledge."
Canada Standard
R. v. Mohan
In 1994, the Supreme Court of Canada, in R. v. Mohan, set out the following general criteria for the admissibility of expert opinion evidence:
1. The evidence is relevant to some issue in the case;
2. the evidence is necessary to assist the trier of fact;
3. the evidence does not violate an exclusionary rule; and
4. the witness is a properly qualified expert.[124]
A court must also weigh the benefits of the evidence against its potential costs (probative value versus prejudicial effect). An important factor in assessing the benefit of the evidence is its reliability, including:
- the extent to which the scientific theories on which it is based are accepted in the
relevant scientific community; - the potential rate and nature of errors associated with a scientific technique relied
Upon; and - whether the scientific technique or theory has been tested via the scientific method.
It should be noted that, for “non-novel science”, evidence must be “necessary”, but for “novel” or “junk” science Mohan has established that the evidence must be “essential”.[125]
The main cost is the prospect of uncritical acceptance of the opinion by the trier of fact. Especially:
- if the scientific theory cannot be explained clearly;
- if there is no realistic opportunity of an opposing party conducting independent tests
- or calling experts in reply or;
- if the evidence could be presented in less conclusive or inflammatory terms than
proposed.
Anoop Bungay Prior Expert Analysis History
Apart from the pro bono work with some legal professionals over the years, MQCC has two major projects under its belt:
1 - Canada: a lawsuit by a member of the International Council of Legal Regulators (ICLR), wherein a member Law Society sued a mortgage brokerage for negligence because of a claim that the mortgage brokerage acted in a manner that did not conform to statutory, regulatory or process requirements resulting in a loss to a "private lender" (a term of art). By comparing the correspondence and documents provided by the target of the lawsuit, to the MQCC National Standards' registered systems and technology for the scope of real estate secured credit intermediation, MQCC was able to demonstrably show that statutory, regulatory and applicable process requirements were maintained. The member of ICLR asked MQCC to be a witness for the case, which ended up being settled before MQCC was needed.
- MQCC had a non-arms length relation with the subject mortgage brokerage.
- MQCC processed and analysed hundreds of documents from the point of origination to the point of transaction hand-off.
- MQCC was involved from May 2013 until April 2016 (letter of settlement with claimant)
- Time was not tracked; however the non-arms' length subject used MQCC's National, International Standards-class (NISC™) systems and technology for processing mortgage transactions so 99% of records were digital in nature and the time to collect, analyse and report was hyper-accelerated. Experience suggests that the time frame was approx. 40 hours of work over the two years - most of the work at the beginning. A traditional business model would take no less than 40 hours just to make sense of the "deal" because most mortgage firms do not work at the National Standard's-class level. Making sense of the deal includes digitizing all documents and mapping out each step of the transaction against the applicable statutory, regulatory and process requirements.
2 - Canada: a complaint was filed against a mortgage brokerage to the mortgage regulator (regulatory body) by a consumer for an allegation of fraudulent conduct. MQCC reviewed all applicable correspondence - provided to MQCC by the mortgage brokerage subject to the complaint - (including written documents, email correspondence, text messages) between all parties to the transaction (Lender, Lender's Agent, Originating Broker, Applicant, Co-Applicant, Co-Applicant 2, Appraiser, Former Lender's Lawyer, Former Lender's Legal Assistant, Borrower Lawyer 1, Borrower Lawyer 2, Borrower Lawyer 3, Borrower Lawyer 4, Borrower Lawyer 5, Borrower Lawyer 6) from the point of origination to the point of complaint. By comparing the correspondence and documents provided by the target of the regulatory complaint, to the MQCC National Standards' registered systems and technology for the scope of real estate secured credit intermediation and real estate secured mortgage "banking" (while banking is the internationally accepted term, "lending" is the term used in Canada.) MQCC was able to demonstrably show that statutory, regulatory and applicable process requirements were maintained. The regulator provided a letter to the mortgage brokerage stating that "evidence was not found supporting the consumer's claim of fraudulent conduct".
- MQCC had a non-arms length relation with the subject mortgage brokerage.
- Applying the “Principles of ‘BlockChain’” using BLOCKCHAIN VISUALYZER™[126] MQCC processed over 900 lines of transactions; representing over 3000 sheets of pages, from August 2016 (point of origination), to November 2017 (point of complaint to regulator).
- MQCC was involved from November 2017 until May 2018 (letter of clearance from regulator)
- Time as not tracked; however the non-arms' length subject used MQCC's National. International Standard-class (NISC™) systems and technology for processing mortgage transactions so 99% of records were digital in nature and the time to collect, analyse and report was hyper-accelerated. Experience suggest that the time frame was approx. 40 hours of work over the 6 months - most of the work at the beginning. A traditional business model would take no less than 40 hours just to make sense of the "deal" because most mortgage firms do not work at the National Standard's-class level. Making sense of the deal includes digitizing all documents and mapping out each step of the transaction against the applicable statutory, regulatory and process requirements.
3 - Please see this link re: MQCC's expert witness services, for law societies and law firms, found at the MQCC.org website.
https://mqcc.org/Industry-Member-&-Professional-Services/
4 - Yours sincerely research, analysis and reporting is undertaken in accordance with the principles of conformity science. A non-novel, new field of study, first identified by yours sincerely and fully described at conformity.org. Conformity science is defined as:
The above definition is based upon ontology engineering, linguistic and lexicographic principles (and primary research) conducted by Anoop Bungay from between 2001 to present-day.
Simple definition: Conformity Science: "The science of making sure organizations and their employees function in accordance with statutory, regulatory, process and customer /stakeholder requirements."
Even more simple definition: Conformity Science: "the science of transforming stakeholder expectations into reality."
Resulting in a system that has:
- unified transparency,
- Accountability,
- transaction immutability,
- regulated permanence,
- transactional validity,
- quality,
- Auditability
- efficiency and
- allows for the governance, management and control of organizations and their operational processes in a manner that continuously conforms to statutory, regulatory, process and stakeholder (investor/customer/employee) requirements, resulting in the elimination or prevention of loss caused by nonconformity events.
- Enables organization-level quantizing (one of the subordinate concepts of the “Principles of ‘BlockChain’” concept system.
4.1 - Yours sincerely experience meets the UK (Turner, Qualification, Impartiality), USA (Rule 702. Testimony by Expert Witnesses) and Canada (R. v. Mohan) expert witness standards
Anoop Bungay Primary Research: Comment regarding Validity and Reliability
An additional footnote re: Validity and Reliability in Daubert v. Merrell Dow Pharmaceuticals Inc., 509 U.S. 579 (1993):
“We note that scientists typically distinguish between "validity" (does the principle support what it purports to show?) and "reliability" (does application of the principle produce consistent results?). See Black, A Unified Theory of Scientific Evidence, 56 Ford. L. Rev. 595, 599 (1988). Although "the difference between accuracy, validity, and reliability may be such that each is distinct from the other by no more than a hen's kick," Starrs, Frye v. United States Restructured and Revitalized: A Proposal to Amend Federal Evidence Rule 702, 26 Jurimetrics J. 249, 256 (1986), our reference here is to evidentiary reliability--that is, trustworthiness. Cf., e. g., Advisory Committee's Notes on Fed. Rule Evid. 602 (" `[T]he rule requiring that a witness who testifies to a fact which can be perceived by the senses must have had an opportunity to observe, and must have actually observed the fact' is a `most pervasive manifestation' of the common law insistence upon 'the most reliable sources of information.' " (citation omitted)); Advisory Committee's Notes on Art. VIII of the Rules of Evidence (hearsay exceptions will be recognized only "under circumstances supposed to furnish guarantees of trustworthiness"). In a case involving scientific evidence, evidentiary reliability will be based upon scientific validity”.[127]
Peer Review and Publication of Anoop Bungay’s Primary Research is Not Required
- “Proof is the implementation within an international commercial enterprise.”
- Secondary proof is the registration to ISO 9001:2000, ISO 9001:2008 and the risk-based ISO 9001:2015 with third party audit by accredited auditors or accredited authorities.
Pursuant to Footnote 59 of The Law Commission Consultation Paper No 190: “THE ADMISSIBILITY OF EXPERT EVIDENCE IN CRIMINAL PROCEEDINGS IN ENGLAND AND WALES A New Approach to the Determination of Evidentiary Reliability A Consultation Paper”[128], published by the Law Commission of the United Kingdom,[129] Rule 702 and scientific evidence Daubert v. Merrell Dow Pharmaceuticals, Inc.
509 U.S. 579 (1993), 593. Karl Popper’s view (see, eg, The Logic of Scientific Discovery, 4th ed, 1980) was that the scientific method is underpinned by a principle of falsifiability or refutability; that is to say, generating hypotheses and testing them by experimentation or observation to see whether they are false (for the problem of induction holds that propositions as to the workings of the universe inferred from experience cannot be proved to be true). If a given hypothesis does not stand up to experimental scrutiny it will be reworked into a new hypothesis which will again be tested, and so on, producing successively better approximations to “truth”.
A hypothesis which repeatedly withstands experimental scrutiny will be regarded as corroborated but not proven, and so come to be generally accepted by the relevant scientific community, perhaps achieving the grand status of a scientific “theory” or even a scientific “law”.
Excerpt from Daubert v. Merrell Dow Pharmaceuticals, Inc.[130]
60 509 US 579 (1993), 593 to 594. The Court’s view was that, while submission to the scrutiny of the relevant scientific community is a component of good science, because (amongst other things) it increases the likelihood that substantive flaws in methodology will be detected, publication is not to be regarded as a necessary requirement of admissibility. An innovative but nevertheless well-grounded theory may not have been published.
Extract from Daubert v. Merrell Dow Pharmaceuticals, Inc., 509 U.S. 579 (1993)
Another pertinent consideration is whether the theory or technique has been subjected to peer review and publication. Publication (which is but one element of peer review) is not a sine qua non of admissibility; it does not necessarily correlate with reliability, see S. Jasanoff, The Fifth Branch: Science Advisors as Policymakers 61-76 (1990), and in some instances well-grounded but innovative theories will not have been published, see Horrobin, The Philosophical Basis of Peer Review and the Suppression of Innovation, 263 JAMA 1438 (1990). Some propositions, moreover, are too particular, too new, or of too limited interest to be published. But submission to the scrutiny of the scientific community is a component of "good science," in part because it increases the likelihood that substantive flaws in methodology will be detected.[131] See J. Ziman, Reliable Knowledge: An Exploration.[132]
A Global Misunderstanding is Not Surprising
This global misunderstanding is not surprising because the objects or phenomena conceptualized as ‘BlockChain’, distributed/decentralized ledger and related ideas are commonly understood to have emanated from a set of programmatically coded rules that appeared deus ex machina, out of nowhere, in the form of an executable, alpha-state, experimental software program written in the computer language of C++, to create “peer-to-peer electronic cash system” for the transfer of payments, in January 8, 2009[133]. And over the course of seven (7) years, slowly and recently, captured the attention of the world, most notably in 2017[134]. And because the nebulous history of the “peer-to-peer electronic cash system”, most people were afraid to go near it.
With this book, the “world” will learn that when this independently created[135] “peer-to-peer electronic cash system” appeared, it actually or ostensibly become nothing more than subordinate routine or a subsystem of a larger, pre-existing, commercially available, peer-to-peer electronic finance system-network[136], [137] which was over five (5) years old by January 8, 2009. Further, six (6) months earlier (on May 9, 2008), the pre-existing peer-to-peer electronic finance system-network quality management subsystem earned registration to the globally trusted and respected, rigorous National and International Quality Management System (QMS) standard of at least 119 countries, namely ISO 9001:2000[138]. The QMS was independently audited by members of two of the most prestigious organizations of their kind: the internationally respected and trusted International Accreditation Forum (IAF); and, the equally respected and trusted: American National Standards Institute (ANSI), ANSI National Accreditation Board (ANAB) based in the United States[139].
Finally, the pre-existing, peer-to-peer electronic finance system-network is built on a combination of principles and rules that meet or exceed various recommended, endorsed or established requirements, guidelines and best practices by the World Trade Organization (WTO), the Organisation for Economic Co-operation and Development (OECD) and the United Nations Chief Executives Board for Coordination (CEB), International Organization for Standardization (ISO)[140].
The purpose of this document is to introduce the “world” to the origins of the Bungay Unification of Quantum Processes Algorithm also represented as the “Principles of ‘BlockChain’”; from at least as early as 2001 to present day (2019); and to show you how simple it is, how powerful it is, how stable it is and how comprehensive it must be, in order to effectively function.
Finally, the rules that created peer-to-peer electronic cash system, unlike the principles that create the peer-to-peer electronic finance system-network, are subject to change and already have changed. There are new forms of peer-to-peer electronic cash systems being created every day. What has not changed, are those things that are largely unknown: the “Principles” that created the world’s first peer-to-peer electronic finance system-network or correctly known as:
The world’s first system-network for trading in non-bank, non-institutional, non-syndicated, non-regulated or regulatory exempt, free trading securities and related financial instruments; transacted on a Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow basis.
When it comes to the difference between rules and principles, the United States of America President Franklin Delano Roosevelt said it best during his Radio Address to the Young Democratic Club (and the youth of the Republican party[141]) of America on August 24, 1935:
Rules are not necessarily sacred; principles are[142].
Finally, while there are many reasons this book is being written today - and remember - MQCC and Bungay International Inc. have been commercially doing peer-to-peer finance for over 17 years; ask yourself, would you have paid attention 10 years ago? MQCC was around then. What about five (5) years ago? MQCC was around then. Now that some of you have made money, the majority of you have most likely lost money, take the time to find out what the “Principles of ‘BlockChain’” are, what they have done (created a frictionless system of trust (SOT™)) and what more they will do.
Don’t Worry: Journalists or Members of the International Federation of Journalists (IFJ), Members of the International Science Council (ISC), Members of the Bank for International Settlements (BIS) and Members of the International Organization of Securities Commissions (IOSCO) also Unrecognized the Very Public Origins
A look through the articles registry in the Appendix of this book: MQCC™ Global Public BlockChain/Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow Knowledge Register of Articles & Entities (Responses) will show you that the mundane origins of “electronic peer-to-peer finance”, “blockchain”, “utility token”, “securities token” is largely unrecognized. The goods news with inventing the world’s first “Principles of ‘BlockChain’” commercial business is that all claims are (among other things) traceable, verifiable and immutable.
Some notable misunderstandings:
- Not recognizing that “pool-to-peer” (also known as ‘crowdfunding’[143]) business model companies are not “peer-to-peer” business model companies because the former trades in what are largely regulated securities and the latter trades in what are largely non-regulated securities[144].
- Once it made sense of “what was going on” the United States Securities Commission (SEC®) immediately grasped the understanding of the securities-regulated activity of “pool-to-peer” lending companies passing off (presenting themselves in a misdescriptive or deceptively misdescriptive manner[145]) as “peer-to-peer” lending companies, immediately invoked corrective action as early as November 24, 2008 through cease-and-desist orders.[146]
- Pooled funds in the form of payment dependent notes[147] or similar financial instruments do not meet the generally accepted definition of what is a “peer-to-peer” financial instrument[148] in terms of ingredient, quality, characteristic, function, feature, purpose, or use[149].
- Regrettably, the moniker of “peer-to-peer” continues to be used, which is one of the reasons for writing this book; to officially correct the public record on the difference between “pool-to-peer” and “peer-to-peer”.
- And this correction matters more than you think because the world’s first peer-to-peer electronic finance system-network became registered to the National and International Quality Management System standard ISO 9001:2000[150] on May 9, 2008[151], seven (7) months before the SEC® shut down an actual or ostensible “pool-to-peer” business company passing off as a “peer-to-peer” business model company.
- The implication is clear: to be registered as an ISO 9001:2000 company, means that your business model conforms to applicable statutory, regulatory, process, customer and stakeholder requirements, so any company that does not fit the profile cannot be classified as the same. On May 9, 2008, MQCC became the de facto benchmark for all aspects including Quality Management Systems, of peer-to-peer electronic finance. Inclusive of its subordinate concepts: “Bungay Unification of Quantum Processes Algorithm”, also represented as the “Principles of ‘BlockChain’”; “Distributed/Decentralized Ledger”; “Utility Tokens”; “Securities Token”; “Intellectual Property Tokens”; “Quality Tokens”; “Proof of Work”; “Proof of Record” and more[152].
- Registration of the MQCC peer-to-peer electronic finance-network to ISO 9001:2000 on May 9, 2008 actually or ostensibly transformed MQCC to the global de facto benchmark for all aspects including Quality Management Systems, of peer-to-peer electronic finance-network in at least 119 countries for:
- Standards-based consumer expectations
- Government-regulatory best-practice
- Commercial best-practice
because the ISO 9000 family of Quality Management System standards are adopted as National Standards in at least 119 countries, including, Canada, USA, Australia, UK, China, India, Russia, Finland, Peru, Nigeria, Saudi Arabia, Botswana, Malaysia, Fiji[153].
- Indeed regulatory bodies including securities regulators like the United States Securities and Exchange Commission and the Canadian Members of the Canadian Securities Administrators are encouraged by their respective federal governments. For example:
- United States of America
- ...with the approval of the National Technology Transfer and Advancement Act (NTTAA) of 1995 (Public Law 104-113), federal agencies [Authors note: like the SEC® - A member of the International Organization of Securities Commissions (IOSCO)[154]] are encouraged to utilize voluntary consensus standards where feasible and to participate as appropriate in voluntary consensus standards development activities.[155]
- Canada
- Pursuant to Canada’s Cabinet Directive on Regulation[156], Sub Clause[157] 5.2.5 regulatory cooperation: assessment should also include a review of work undertaken by international standard development organizations for possible incorporation by reference.
- Which is consistent with the Canadian Federal Legislation: Standards Council of Canada Act[158] which involves Ministers from all Canadian Provinces and Territories.
- And consistent with the Canadian Free Trade Agreement (CFTA)[159] whose goal is to align regulatory frameworks between federal-provincial-territorial bodies.
- And finally the Cabinet Directive on Regulation becomes implemented in real-world practice in Canada with bodies like the financial regulatory members of the Canadian Securities Administrators[160], whose members consist of members of the International Organization of Securities Commissions (IOSCO) and whose goals under the Provincial/Territorial Memorandum of Understanding Regarding Securities[161] include:
- work closely together to develop and sustain a provincial/ territorial framework for securities regulation that inspires investor confidence and supports competitiveness, innovation and growth;
- commitment to explore, on an ongoing basis, new opportunities to strengthen the Canadian securities regulatory framework.
- The Bank of Canada published a report on December 14, 2015, over seven (7) years after the United States Securities and Exchange Commission SEC® recognized that companies are actually or ostensibly passing off as peer-to-peer lenders by engaging in the “business of loans” capitalized through pooled financial instruments like payment dependent notes; and these companies are actually or ostensibly NOT “peer-to-peer” entities, but rather “pool-to-peer” (pooling funds from the public market) and therefore subject to securities regulation; which, necessarily, a correctly identified “peer-to-peer” investor-lender, is not. This position that “pool-to-peer” is the same as “peer-to-peer” was further confirmed by US SEC® Commissioner Luis A. Aguilar in a speech entitled The Important Role of Immigrants in Our Economy at the 2013 Annual Gala, Georgia Hispanic Chamber of Commerce, Atlanta, Georgia on May 18, 2013[162]; Commissioner Aguilar expressed his personal view[163] that:
- Currently, crowdfunding [Pool-to-Peer] may not be used to sell company shares in the United States. Under current laws, that would be a public offering and would require registration with the SEC, a process that, admittedly, can take time and money, but is designed to inform and protect investors. With the following very important footnote:
- To the extent properly structured, the business of “peer-to-peer” lending (a form of crowdfunding for debt capital) may be conducted in the U.S. without registration under the Securities Act of 1933 or the Securities Exchange Act of 1934.
- Although you can see that Commissioner Aguilar also did not recognize that the term “peer-to-peer” is not synonymous with the term “crowdfunding” given the prior litigation history of the SEC® on the matter. No problem; once again, this is why (among other reasons) this book is written; to correct current misunderstanding and prevent future misunderstanding.
- Now, back to the Bank of Canada, a member of Members of the Bank for International Settlements (BIS)[164].
- Disclaimer: the Author, Anoop Bungay and MQCC™ Money Quality Conformity Control Organization incorporated as MortgageQuote Canada Corp. have a direct and indirect relationship with one another because of the following:
- On Thursday, October 20, 2016, MQCC invited the Bank of Canada through its Agency Operations Centre division Management to Join the Certified Quality Management-in-Finance Association CQMFA™ (CQMFA.org) founded by MQCC; more about this in a later section.
- The Bank of Canada - at a divisional level - is registered to the risk-based Canadian National Standard[165] and International equivalent Quality Management System Standard ISO 9001:2015, just as MortgageQuote Canada Corp. is registered to the same risk-based International Quality Management System Standard ISO 9001:2015, but for a different scope.
- The Bank of Canada scope of ISO 9001:2015 registration covers “Processing and distribution services.”[166]
- The MortgageQuote Canada Corp. scope of ISO 9001:2015 registration covers “Provision of mortgage banking (“lending” in Canada) and mortgage brokerage services.”[167]
- The Bank of Canada switched one of its vendors of third-party services, to one that has a pre-existing, long-standing relationship with MortgageQuote Canada Corp. End Disclaimer].
To start with it is not unreasonable to think that central bankers most likely do not follow the enforcement actions of other non-central bank financial regulators ie: the United States Securities and Exchange Commission SEC®; with this in mind, consider the following; in a December 2015 report entitled Financial System Review[168] authored in part, by the Governor and Deputy Governor. Regrettably and most likely unintentionally, even as late as 2015, there remained a global misunderstanding of the very private and free-trading origins[169] of non-bank, non-institutional, non-syndicated, non-regulated or regulatory exempt, free trading securities and related financial instruments; also known as Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow securities and related financial instruments; this misunderstanding is perfectly highlighted by the following two points:
- Peer-to-peer (P2P) lending is the practice of individuals lending money to other individuals through websites[170].
- Authors note: Correct.
- In Canada, P2P lenders first appeared in late 2014[171].
- Authors note: Incorrect.
- Coincidentally, the Bank of Canada is based in Canada’s capital city, Ottawa; in the province of Ontario, where MQCC has been trading in the Ontario-government-regulated business of peer-to-peer (p2p) lending and investing services as PrivateLender.org: Canada’s Private Lending Network™ since at least as early as January 7, 2009[172].
- The International Science Councils ISC[173] associate body: the International Council for Scientific and Technical Information ICSTI[174] as late as 2018 hosted a knowledge seminar[175] entitled Blockchain’ (sic) for Science. The “Principles of ‘BlockChain’” were described by the ISC/ISCTI as:
- This first complimentary online seminar in the ICSTI 2018 Webinar series, takes an in-depth look at the opportunities and potential changes in the world of scholarly communication that may be stimulated by Blockchain.
- Authors note: This book is an “indepth” look at the real origins, real opportunities and real change in the world of scholarly communication because the “Principles of ‘BlockChain’” helped to disintermediate the global academic community by going directly from discovery to commercialization and subsequent International Standards registration while bypassing traditional Scholarly Communicative methods.[176]
- Blockchain is the technology behind Bitcoin and offers a peer-2-peer network for Trust that potentially can disintermediate traditional brokering authorities like banks, notaries, perhaps even publishers?
- Authors note: The “Principles of ‘BlockChain’” are not a technology[177]; and the “peer-2-peer network for Trust” does not potentially disintermediate traditional brokering authorities like banks, notaries, perhaps even publishers (and even traditional brokers of knowledge: Scholars), the “peer-2-peer network for Trust” does actually disintermediate traditional brokering authorities like banks, notaries, publishers and the traditional brokers of knowledge: Scholars.
- As for the Journalists and sub-members of the Members of the International Federation of Journalists (IFJ); read the Appendix of this book entitled: MQCC™ Global Public BlockChain/Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow Knowledge Register of Articles & Entities (Responses) and see some of the articles (which you will need to find on your own), and see for yourself how Journalists have also misunderstood the origins of “peer-to-peer” finance, the “Principles of ‘BlockChain’” and related topic matter.
- Yours sincerely emailed a large number of journalists over the years; most notably in an omnibus notice sent to some leading journalists and academics which may be seen in Volume 1:Issue 1 of the International Journal of Conformity Science IJCS™ at ijcs.mqcc.org and is entitled:
- Introduction to MQCC.org and Clarification of a Journalistic Descriptive Claim regarding 'the "World's First" RE: An Application of the Principles of "BlockChain" in Commerce". April 9, 2005 Free Trading Securities of a Financial & Electronic Nature, Begins.[178]
The implication of this section of the book is clear; most world leaders, scientists, thinkers and business leaders have gotten this wrong; at the highest levels. Do not worry if your current understanding of the world of “peer-to-peer finance”, “principles of ‘BlockChain’”, “utility token”, “security token’”, “conformity token”, “distributed/decentralized ledger”, “system of trust”, “ISO 9000” is not consistent with historical evidence and is quickly becoming deconstructed; while the commercialized phenomena is over 14 years old, the “world” only started getting interested in earnest, less than (5) years ago. A person cannot become even a Medical Doctor in five (5) years; so there is lots of time to learn. This book is one step in a “global corrective action” that started years ago by yours sincerely, but no one paid attention. Another reason, among many, that this book is written.
The “World” is “Inefficiently Expending” Valuable Money and Precious Time on an Incorrect Understanding: Walk don’t Run
“Inefficiently Expending” is polite term. Over a period of less than five (5) years[179], globally, hundreds of millions of dollars of government, sovereign, private company and retail investor wealth and valuable personal time is hastily expended because of a fear of missing out (‘fomo”) and an incorrect focus on “technology” not “principles”. And worse; because trusting members of Top Management[180] of organizations[181] (CEOs, Presidents, Boards of Directors), Major Shareholders, Shareholders and retail investors are being bombarded with investment opportunities, technology upgrade opportunities or innovation consulting from people who are either “self taught”[182], or have limited or no credentialed or practical experience in matters related to the subject matter of this book, including items listed in MQCC Table 1.
You are not Learning about Baking, Buying A Loaf of Bread or Investing in a Bakery: Not Wholly Visible
Have you ever seen a “BlockChain”? Have you ever touched a “binary digit securities token”? Have you ever seen all the places where a distributed ledger is actually located?
The subject matter of this book or First Edition authoritative encyclopedic reference, includes information on the origin of the discovery of the principles “BlockChains” [Bungay Unification of Quantum Processes Algorithm also represented as the “Principles of ‘BlockChain’”], “digital assets”, “utility tokens” and some of the items listed in MQCC Table 1. These items are not visible to you; you cannot wholly “see”, “hold” or “touch” a “BlockChain” or related terminological items, in specie or in their real, precise, or actual form[183]. The implication is clear: if you cannot visualize an item or concept then you cannot, in a simple manner, determine if the item or concept conforms[184] to your requirements as a customer, shareholder, investor, regulator, public official, policymaker, or prospective party. So, what do you do? As a start, do what yours sincerely learned to do: ask lots of questions and then implement a process of precise measurement, testing and control protocols.
What are the right questions and the precise measurement, testing and control protocols? Well, this book is only meant as an introductory authoritative encyclopedic reference, not the "main textbook"; whose working title is: Theories, Principles, Protocols, Laws, Math and Litigation-Tested Applications of the Bungay Unification of Quantum Processes Algorithm also represented as the “Principles of ‘BlockChain’” from August 14, 2001 to Present Day; which is not yet completed and will be much bigger than this book and will come one day (not sure when); nonetheless, the rest of the sections of this authoritative encyclopedic reference will give you an excellent idea; or, you can always contact MQCC and request a personal consultation - which is another reason for writing this book - to let you know MQCC is open for business to license its over 19 years of intellectual property, systems, technology, services and products.
A Defense-Standard, Military-Grade Problem Demands a Defense-Standard, Military-Grade Solution
In the early 2000’s when setting up the system, it was quickly discovered that when it comes to non-bank, non-institutional, non-syndicated, non-regulated or regulatory exempt, free trading securities and related financial instruments; transacted on a Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow basis, Bungay International Inc. (BII) is dealing in Top Secret, classified information. Specifically, what is called today: Personally Identifiable Information (PII)[185]. This why international structures were created:
- PrivateLender.org: Canada’s Private Lending Network™/®
- PrivateLenderCheck.org
- MQCC.org Money Quality Conformity Control Organization
- OSBSO.org: Office of the Shadow Banking System Ombudsman/person
- And more. See Image A.
Image A: (next page)
Source MQCC Twitter Account (@mymortgagequote)
Visit www.mqcc.org to learn more about the international structures created.
And this is why there was a need to model best practice of organization and information command, control and quality (CCQ™) from the world’s best regulations and standards for command, control and quality, including but not limited to:
- United States Department of Defense (DOD)
- United States General Services Administration (GSA)
- National Aeronautics and Space Administration (NASA)
- International Standards Organization (ISO)
Learn from the Best: Seminal Experience Matters
How do you deal with concepts or innovations that are not wholly visible? Learn from the experts whom yours sincerely learned from: the United States Department of Defense (DOD), General Services Administration (GSA) and National Aeronautics and Space Administration (NASA). These three globally respected organizations collaborated to develop a nice terminology that best describes items that are not wholly visible, like the subject matter of this book, namely, the Bungay Unification of Quantum Processes Algorithm also known as the “Principles of ‘BlockChain’”; and the Birth of Binary Digit, Non-Bank, Non-Institutional, Non-Syndicated, Non-Regulated or Regulatory Exempt, Free Trading Securities and Related Financial instruments also known (because of the manner in which they are delivered) as Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow Securities and Related Financial Instruments; “Principles of ‘BlockChain’”-based, Regulatory-Integrated, Risk-Based Systems, Technology, Services and Products; including many of the items listed in MQCC Table 1; the terminology is:
- Complexity
- Complex items have quality characteristics, not wholly visible in the end item, for which contractual conformance must be established progressively through precise measurements, tests, and controls applied during purchasing, manufacturing, performance, assembly, and functional operation either as an individual item or in conjunction with other items[186].
If you are a public official, policy maker, regulator, member of an organization Top Management, shareholder, investor, business owner or retail investor and you want to purchase or invest in a “Principles of ‘BlockChain’” related matter, then how do you really know what you are getting if:
- What you are learning, buying or investing in, is not wholly visible.
- You - as the buyer or investor - did not establish contractual conformance through implementation of precise measurement, testing and control protocols.
People in leadership roles in the world do not have this precise, defense standard, military grade level of understanding because nobody, other than yours sincerely is talking like this. And why is that? Most likely because nobody, other than yours sincerely established the internationally accepted global standards and benchmark for trade related to the “Principles of ‘BlockChain’”.
Internationally Accepted Global Standard and Benchmark for Consumer Expectations: MQCC is the de facto Global Standard
Why? Because yours sincerely:
- First discovered the “Principles of ‘BlockChain’” through a natural process (between at least as early as August 14, 2001 and April 9, 2005; then,
- Abstracted and developed a Concept System for the “Principles of ‘BlockChain’” and its superordinate domain of science: Conformity Science; then,
- Researched the “Principles of ‘BlockChain’” using the scientific-method; then,
- Developed the “Principles of ‘BlockChain’”; then,
- Commercialized the “Principles of ‘BlockChain’” at least as early as April 9, 2005 at www.privatelender.org; then,
- Created a commercialized non-bank, non-institutional, non-syndicated, non-regulated or regulatory exempt, free trading securities and related financial instruments business tokenization system to be transmitted over a global computer network as least as early as April 9, 2005[187].
- Created a commercialized Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow securities and related financial instruments business tokenization system to be transmitted over a global computer network at least as early as April 9, 2005[188].
- Registered a subordinate Quality Management System consisting of
- Vocabularies
- Terminologies
- Ontologies
- Systems Architecture
- Reference Models, Reference Architectures, Reference Implementations
- Related Intellectual Property
to the International Quality Management System ISO 9001:2000, ISO 9001:2008 and ISO 9001:2015[189].
- Maintained over 12 years of continuous registration to ISO 9001:2000, ISO 9001:2008 and ISO 9001:2015 from at least as early as May 9, 2008 until present day (September 2019)[190].
- Satisfied over 12 years of independent audit from members of the internationally respected and trusted of American National Standards Institute (ANSI), ANSI National Accreditation Board (ANAB) based in the United States[191].
- Satisfied over 12 years of independent audit from members of the internationally respected and trusted of International Accreditation Forum; with global members[192].
- Satisfied over 12 years of independent audit from members of the internationally respected and trusted of United Kingdom Accreditation Service (UKAS), based in the United Kingdom of Great Britain and Northern Ireland[193].
- Created a commercialized “Principles of ‘BlockChain’”-based system-network that conforms to the National Standard of at least 119 countries[194].
- Created a commercialized “Principles of ‘BlockChain”-based system-network that meets or exceeds recommended guidelines established by the World Trade Organization (WTO), the Organisation for Economic Co-operation and Development (OECD) and the United Nations Chief Executives Board for Coordination (CEB)[195].
- Litigation tested the commercialized “Principles of ‘BlockChain’” by some members of the International Conference of Legal Regulators, successfully.
- Satisfied Repeated Regulatory Audits
- Satisfied Repeated Regulatory Scrutiny
- This is an incomplete list.
A global corrective action must take place and this book is one step of the corrective action process. Note to the world: Stop wasting your time and money.
The good news is that the current state of common understanding (though more or less nonconforming) is less than a few years old (maybe 3) - see MQCC™ Global Public BlockChain/Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow Knowledge Register of Articles & Entities in the Appendix, so it is not late to implement global corrective action.
Regulatory Missing Link: MQCC MOS™ (Meta-Operating System)
As explained to the Royal Society of UK on August 29, 2019[196];
- The Royal Society Fellows will also discover that yours sincerely defined a new field of study, named: Conformity Science. You may learn about this new field of study at www.conformity.org. A field of study that is recognized and appreciated by regulatory bodies as "the missing link" between regulatory and regulatees for the benefit of the public whom both serve.
While the origins of the “Principles of ‘BlockChain’” are rooted in non-bank, non-institutional, non-syndicated, non-regulated or regulatory exempt, free trading securities and related financial instruments; transacted on a Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow basis , because this business is non-regulated or regulatory exempt, free trading, Bungay International Inc. and MQCC needed to create its own:
- Private standards
- Private regulations
- Private enforcement mechanisms
- Cross-cutting[197] protocols to integrate with third-party regulatory requirements
- An easy-to-use, cost effective, scalable system with global access
- A risk-based approach to reduce, mitigate or eliminate risk which is the effect of uncertainty[198].
- A private, globally accessible network consisting of a federation of systems (FOS)[199] that consists of heterogeneous organizations that function decentrally and autonomously, trademark registered by its brand-class DHAO™[200]. MQCC System-Network™[201] DHAO™ entities function independently within their own industry-specific, system of systems (SOS) constituency; using a common (uniform), consensus-based set of principles and continually improving rules which function in an interoperable, technology-neutral, single architectural framework designed to work with protocol-based integrations so that each DHAO™ in the MQCC System-Network™ functions in a manner that conforms to statutory, regulatory and system requirements at all levels (top - down[202]) and all phases (end-to-end).
- Organizational level
- Professional level
- Employee level
For example:
- USA DODD-FRANK WALL STREET REFORM AND CONSUMER PROTECTION ACT[203]
- Organization for Economic Co-operation and Development OECD Common Reporting Standards[204]
- Canadian Interest Act[205]
From as early as August 14, 2001, yours sincerely, Bungay International Inc. and MQCC are currently or were previously, deemed to be regulated entities because some facets of Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow finance had regulatory obligations. The implication is clear: the Bungay International Inc. and MQCC System-Network™ needed to interoperate with regulatory systems; which it has done successfully for over 14 years.
This concept being described involved into a higher-order; “Principles of ‘BlockChain’”-based, inherently technology-neutral, risk-based, regulatory-integrated, defense-standard, military-grade, command, control, quality (CCQ™[206]) operating system built on a knowledge kernel[207] (MOS™[208] Kernel) that itself, is built on the seminal “Principles of ‘BlockChain’”; and marketed to regulators and regulatees throughout the world under the trademark brand-class name MQCC MOS™[209] integrates with all lower-order, technology-specific operating systems (OS) and the hierarchy looks like this:
- Higher Order Operating System (OS)
- “Principles of ‘BlockChain’”-based, Inherently Technology-Neutral, Risk-Based, Regulatory Integrated, Command, Control, Quality, MQCC MOS™ Brand Operating System
- MQCC MOS™/® OS (www.mqcc.org)
- Lower Order Operating System (OS)
- Non-Inherently Technology-Neutral, Defense-Standard, Military-Grade, Regulatory-Integrated, Command, Control, Quality Operating System
- MICROSOFT® OS (www.microsoft.com)
- APPLE® OS (www.apple.com)
- ANDROID® OS (www.android.com)
- LINUX® OS (www.linux.org)
Regulating the Regulators: How the “Principles of ‘BlockChain’” helped a Private Regulator Teach Public Regulators that “It Can Be Done”
On July 2019, the United States Department of Treasury, Office of Inspector General (OIG)[210] Council of Inspectors General on Financial Oversight[211] published a report entitled: Top Management and Performance Challenges Facing Financial-Sector Regulatory Organizations (July 2019)[212]
The purpose of the report was to:
- ...identify cross-cutting Challenges faced by Financial-Sector Regulatory Organizations.
The utility of the “Principles of ‘BlockChain’” in their commercially available form developed by MQCC, when properly understood and applied, empower regulatory organizations to manage challenges in a manner that is better, safer and more efficient; to paraphrase the words of the internationally respected Canadian Federal Crown Corporation: Standards Council of Canada (SCC)[213].
Remember, though a private entity, MQCC is itself actually or ostensibly a private regulatory body with self-regulating protocols to govern the non-regulated or regulatory exempt, free trading facets of all transactions; and the applicable class of participants involved in each transactions:
- Investor
- Lender
- Applicant
- Borrower
- Credit Intermediary (if applicable)
For the benefit of reducing, mitigating or eliminating risk for:
- All participants listed above and,
- Public Official
- Regulators
- Professional Liability Insurers
- Affected Stakeholders
In the July 2019 report, the Council of Inspectors General on Financial Oversight identified seven challenges facing the Financial-Sector Regulatory
Organizations including the below items with arrows. The list items with diamonds show the brand of the MQCC system, technology, service or product that addresses this need.
- Enhancing Oversight of Financial Institution Cybersecurity
- MQCC MOS™; risk-based, meta-operating system of overarching command, control, quality.
- MQCC CYBERLOCKCHAIN™[214] Protocol (complying with the NIST[215] Cybersecurity Framework Core)
- Managing and Securing Information Technology at Regulatory Organizations
- MQCC CYBERLOCKCHAIN™ Protocol
- Sharing Threat Information
- MQCC Federation of System (FOS) Communication Network; for both public and private transmissions.
- Ensuring Readiness for Crises
- MQCC MOS™; risk-based, meta-operating system of overarching command, control, quality.
- Strengthening Agency Governance
- MQCC MOS™; risk-based, meta-operating system of overarching command, control, quality.
- Managing Human Capital
- MQCC MOS™; risk-based, meta-operating system of overarching command, control, quality.
- Improving Contract and Grant Management
- MQCC MOS™; risk-based, meta-operating system of overarching command, control, quality.
The MQCC’s Suite™ of “Principles of ‘BlockChain’’-based systems, technology, services and products are empirically proven to effectively tackle the problems. You could call the MQCC System a “regulatory operating system”, but it is better to call it a “regulator-regulatee operating system” - if anything.
By this moment, you should be getting the idea why this introductory book is over 300 pages; remember, over 19 years of history of a business and field of study (conformity science) never before seen, working together to serve the public. And from what you are gathering by now, Bungay International Inc. and MQCC commercialized the “Principles of ‘BlockChain” first and commercialized “Principles of ‘BlockChain” right.
The corollary is that the “Principles of ‘BlockChain’” (and the superordinate and subordinate concepts ie: distributed/decentralized ledge, utility token, securities token) did not first appear deus ex machina, out of nowhere, in the form of a peer-to-peer electronic cash system without thought, explanation or consideration; rather, the “Principles of ‘BlockChain’” (and the superordinate and subordinate concepts ie: distributed/decentralized ledger; utility token, securities token) were formed from research commencing as early as August 14, 2001 and commercialized least five (5) years earlier at www.mortgagequote.ca a website registered October 10, 2003[216] and later at www.privatelender.org, a website registered on April 9, 2005[217]. And the reason that most people don’t know is because - something that the International Science Council (council.science) assumed was just a potentiality[218] - the world’s first network for trust actually, successfully and sustainably, over the course of nearly 20 years, disintermediated the “world”.
The "main textbook" whose working title is: Theories, Principles, Protocols, Laws, Math and Litigation-Tested Applications of the Bungay Unification of Quantum Processes Algorithm also represented as the “Principles of ‘BlockChain’” from August 14, 2001 to Present Day is not yet completed and will be much bigger than this authoritative encyclopedic reference; but truth be told (pardon the pun) focus at the MQCC Head Office is licensing the MQCC Systems, Technology, Services and Products to its “highest and best use”, which means to Heads of States, governments, regulatory bodies, and the Top Management of regulated entities. And by now, you should be realizing why a practitioner in the subject matter of conformity science and the “Principles of ‘BlockChain’” requires at least four (4) years of formal training to achieve an undergraduate level of knowledge, and two (2) to four (4) more years of study for graduate, doctoral and post-doctoral research.
Banks, Regulators, Professional Liability Insurers, Credit Intermediaries, Investors and Investees have Benefitted from MQCC and it’s “Principles of ‘BlockChain’”-Based System and the “Token Concept”: So Can You
Over the past 14 years and longer, banks, regulators, professional liability insurers, credit intermediaries, investors and investees have unknowingly or knowingly (the majority are unknowing), benefitted from MQCC’s “Principles of ‘BlockChain’” based systems, technology, products and services as follows:
- Reduction in risk due to conformity to statutory and regulatory requirements.
- Trading in Personal (peer/private/secret/non-public) Financial Data in a token environment via a global computer network on a peer-to-peer basis (utility token).
- Trading in non-bank, non-institutional, non-syndicated, non-regulated or regulatory exempt, free trading securities and related financial in a token environment via a global computer network on a peer-to-peer basis (free trading securities token).
What is a “token”
ISO/IEC 2382:2015(en) published by the International Organization for Standardization (ISO) and the International Electrotechnical Commission (IEC)[219] indicates that the term and definition of token was standardized in 1992 within the document published as ISO /IEC 2382-25:1992[220]. The current standardized definition is:
- In a local area network, specified group of bits serving as a symbol of authority passed successively from one data station to another to indicate the station temporarily in control of the transmission medium.
- Note 1 to entry: All information is conveyed by frames. Some frames contain a token and no user data, others contain data and no token.
Binary Digit Financial Information Delivered via Token System: What 19 Years of Experience Shows
Binary digit (electronic) financial information for a lending system comes in several classes based upon the type of lender[221]:
- Bank/Non-Bank (Regulated)
- Private Individual or Private Company (Non-Regulated)
Representing several origination-classes of money/wealth[222]:
- Pooled (Syndicated/Regulated) Funds
- Non-Pooled (Peer/Non-Regulated) Funds
Utility Token (and types)
The first non-bank, non-institutional, non-syndicated, non-regulated or regulatory exempt, free trading, Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow binary digit utility token consisted of information representing loan application details (personally identifiable information PII) and was sent via email from Bungay International Inc. to an investor-lender at some point between August 14, 2001 and April 9, 2005. In most of the world, generally speaking, an organization must be licensed by a regulator to trade in loan applications where the loan is secured by real estate[223].
- This is called a utility token because the information transmitted does not include evidence of an acceptance of a financial obligation; the token only contains personally identifiable information PII.
- Other types of utility tokens include:
- Intellectual Property Tokens
- Quality Tokens
- Conformity (Active, Enforced Compliance) Tokens
Securities Token
The first non-bank, non-institutional, non-syndicated, non-regulated or regulatory exempt, free trading, Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow binary digit free trading securities token consisted of information representing the details of a signed, legal binding document accepting the terms of a financial debt (personally identifiable information PII) and was sent via email from Bungay International Inc. to an investor-lender at some point between August 14, 2001 and April 9, 2005. In most of the world, generally speaking, an organization must be licensed by a regulator to trade in loan applications where the loan is secured by real estate[224].
- This is called a securities token because the information transmitted includes evidence of an acceptance of a financial obligation in addition to personally identifiable information PII.
- Depending on the jurisdiction, the sender or the recipient or both may be subject to regulatory oversight, which is why it is in a class of its own.
MQCC markets its financial products globally under the trademark brand-class BIT BRAND™ financial services; and the binary digit loan system, technology, services and products for loans (secured, and unsecured) is marketed under the registered trademark brand name: BITMORTGAGE™/®.[225]
Some Global Banks are “BlockChain-Ready™”: As the CQMFA™ Certified Quality Management-in-Finance Association
Created in 2016 by MQCC, the CQMFA™ Certified Quality Management-in-Finance Association [226](www.cqmfa.org) lists entities including global banks and central banks, that are “BlockChain Ready™” in accordance with MQCC’s seminal, originating standards and many of them (all of them) don’t even know it. (Notice the Bank of Canada on the list).
- NOTICE: The banks listed on the list are not members, they are QUALIFIED MEMBERS. This list is created pursuant to the regulations set forth by the International Standards Organization (ISO) that requires all entities registered to an ISO 9001 standard to be publicized by their auditing body[227].
It’s Only Been About Three (3) Years Since the “Global Public Knowledge Inflection Year”; It’s Not Late to GO RIGHT™
A review of the MQCC™: Global Public "BlockChain/Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow" Knowledge Register of Articles & Entities (a register of public information stored in a binary digit decentralized ledger) found in the Appendix of this Book (ebook/document) shows that it is only about three (3) years since 2016, the year that yours sincerely calls the "Global Public: 'Knowledge Inflection Year'"[228]. The year in human history where published content on the subject of matter this book, the list items in MQCC Table 1 transitioned from a low incidence-of-appearance rate to an exponential rate of increase of published content.
Afterall, it's only been about three (3) years since rapidly increasing levels of curiosity by the “global public” have been realized. For example
- The objects abstracted into concepts, terminologically communicated[229] as “security tokens“ and “utility tokens” only entered the at-large global vernacular in the past 12 months or in 2018. Until then, even initial coin offering companies were not using these terms. Indeed, yours sincerely has undertaking extensive archival research and some companies updated their websites to include the terms “utility token” or “security token” even though they were marketing “digital currency” or a “blockchain” (sic) system without these terms for many years. An internet archive search can show you; there will not be any name dropping at this moment.
The Age of Litigation (LawSuits) Has not Yet Started: But Will
Once a customer, investor or a lawyer fully understands “what is going on” and realizes that when it comes to many of the items listed in MQCC Table 1 (not including at least “the computer science aspects of bitcoin”) what they were “sold” or were investing in, is not what they thought or expected; or, did not meet the over 14 year old globally accepted, de facto standard of “what a “Principles of ‘BlockChain’”-based business or system is. MQCC established the de facto standard because of:
- over 19 years of primary research,
- over 14 years of successful regulatory-integrated, peer-to-peer electronic finance system
- Over 14 years of successful commercial operations,
- litigation-tested body-of-knowledge by members of the International Conference of Legal Regulators (ICLR) - not your every-day litigants;
- over 12 years of trusted reliance by credit intermediary professional liability risk insurance companies under a program of integrating the “Principles of ‘BlockChain’” system within the framework of an errors and ommissions insurance policy.
- Over 12 years of continuous registration to ISO 9001:2000; ISO 9001:2008 and the risk-based ISO 9001:2015.
- Over 12 years of registration to National and International Standards, interoperable in over 119 countries and built on a consensus basis at a country-level.
- Over 12 years of independent, first party, second party and third party audits by members of international Accredited Conformity Assessment Bodies or Accreditation Authorities.
- NOT a complete list.
de facto Quality Characteristics: Binary Digit Terroir
The MQCC BlockChain Standards™ commercialized for financial trade related to the “Principles of ‘BlockChain’” concept system meets the international Quality Management System standard of at least 119 countries for over 12 years, so investors, customers and legal advisors from around the world need to understand that there is a mature, litigation-tested, trusted, seminal reference body of knowledge in a commercialized form, that is:
- Developed by an individual who first discovered the object, abstracted the concept and first commercialized a business system within a financial regulatory-integrated setting.
- Developed by an individual who has expertise in an non-novel science and commercial activity, at the UK Legal Standard; the US Legal Standard and the Canadian Legal Standard; and has provided expert advice - within a scope-of-proficiency - to licensed and unlicensed lawyers[230] employed by:
- private practice law firms
- federal law enforcement agencies
- financial regulatory bodies
- Litigation Tested (by some members of the International Conference of Legal Regulators ICLR)
- The basis of a successful litigation defense by Professional Liability Insurers in a matter related to trade in non-bank, non-institutional, non-syndicated, non-regulated or regulatory exempt, free trading securities and related financial instruments; also known as Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow securities and related financial instruments.
- Regulatory Scrutinized
- Regulatory Recognized
- At least 14 year-old, commercially available precedent
- For at least 12 years, Military Grade (meets or exceeds United States Department of Defense (DOD), General Services Administration (GSA) and National Aeronautics and Space Administration (NASA) Standards[231])
- International and National Standards Registered to a trusted and recognized Quality Management System standard, namely, ISO 9001:2000, ISO 9001:2008 and the current risk-based ISO 9001:2015, inclusive of a:
- Seminal Body of Knowledge for non-bank, non-institutional, non-syndicated, non-regulated or regulatory exempt, free trading securities and related financial instruments; transacted on a Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow basis and the discovery of a new, non-novel field of study named conformity science (www.conformity.org) with their own respective:
- Vocabulary
- Terminology
- Ontology
- Systems Architecture
- Reference Model
- Reference Architecture
- Reference Implementation
- Descriptions (Quality, Characteristics and more)
- Theories, Principles, Protocols, Laws, Math
- Which makes the MQCC mature, tested, trusted, seminal reference body of knowledge in a commercialized form, the:
- De facto Global Standard
- De facto Commercial Standard
- De facto Consumer Expectations Standard
Identify Deceptive or Deceptively Misdescriptive Ideas or Promoters: That’s What de facto Standards Help Do
Though it took over 60 years, you can no longer advertise your sparkling wine as Champagne because of trademark litigation protecting the word Champagne as a trademark which has acquired its distinctive meaning because of a control of the ingredient, quality, characteristic, feature, function, purpose or use of the goods. An extension of the principle of terroir, which stated that only wines from the Champagne regioni (territory) could be marketed as Champagne because only those would possess qualities that you would expect from Champagne territory (terroir). So, too, is it for the “Principles of ‘BlockChain’”. The “Principles of ‘BlockChain’” were borne out of the domain (pardon the pun) of peer-to-peer electronic finance and the moment you enter the concept system of peer-to-peer electronic finance , which was formalized by yours sincerely, then you are literally, in the MQCC binary digit territory (binary digit terroir). This circumstance makes one subject to the rules of MQCC respecting:
- What is a “BlockChain”
- What is a digital ledger
- What is peer-to-peer finance
- What are the quality characteristics of a proper system
- What are the protocols to meet Defense Standards
- What are the protools to create a system that meets the National and International standard of 119 countries
- What are peer-to-peer finance utility tokens
- What are peer-to-peer finance securities token
- And so much more
By now you should have a good idea that the business related to the “Principles of ‘BlockChain’” is a mature business. And now that you know this new information about an old business, depending on the specific scope of application, you - in your role as the customer, investor or a lawyer - owe it to yourself to take the time to learn and understand the subject matter in further detail, before making any further financial, business or contractual decisions. Or, read this book in its entirety, then contact MQCC.org.
After all, commercialized peer-to-peer finance and related concepts, like those items found in MQCC Table 1 have an ingredient, quality, characteristic, function, feature, purpose or use[232] but must be correctly described or else may be seen as being misdescriptive, deceptively misdescriptive or fraudulent, when compared to de facto (in practice) or de jure (in law) standard.
The implication of knowing that a mature, regulatory-recognized, litigation tested, globally trusted, body of knowledge (de facto standard) exists, means that if you are a customer, investor or lawyer and have received commercial services or professional advice on matters related to the keywords listed in MQCC Table 1 and if you have invested real money and valuable personal time in a project that does not meet the de facto Global Standard or the de facto Commercial Standard or the de facto Consumer Expectations Standard, and you have suffered a financial loss, catastrophic financial loss or worse, your loss of personal time; then you may have a cause of action against the party who created the loss.
No Excuses
Now that this book, Origin of a Specie™ is written, there should be no reason that global:
- Individual investors seeking to invest in items listed in MQCC Table 1
- Organizations seeing to invest in items listed in MQCC Table 1
- Individual’s professing expertise in the items listed in MQCC Table 1
- Organizations professing expertise in the items listed in MQCC Table 1
Can say that they do not know about the origin of the items listed MQCC in Table 1 within the scope of digital and non-digital, non-bank, non-institutional, non-syndicated, non-regulated or regulatory exempt, free trading securities and related financial instruments; also known as Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow securities and related financial instruments created within a meta-operating system (MOS™[233]) with a subordinate Quality Management System continuously registered to ISO 9001:2000, ISO 9001:2008 and the current risk-based ISO 9001:2015.
The Bungay Test 1: Competency and Proficiency Level
Before you write a cheque, wire transfer more, sign a contractual obligation or spare your valuable personal time to a person or organization professing to you that they are an expert in the subject matter of at least 10 or more keywords found in MQCC Table 1, ask the person or organization the following:
- Are you licensed to trade in {insert name of item found in MQCC Table 1}.
- Just like my professional organizations in the following industry groups
- Accounting
- Architecture
- Creative
- Dental
- Engineering
- Financial
- Medical
- Media
- Technology
Have professional liability insurance, do you or your organization have professional liability insurance from a professional liability insurer to cover the organization or its workers, and other professionals against defense costs, judgement, settlements and fines or penalties resulting from the allegations of misrepresentation, breach of professional services, wrongful business practices, misleading advice and conflict of interest[234] for as long as you are providing me services related to the trade in {insert name of item found in MQCC Table 1}?
- {insert name of item found in MQCC Table 1} has only been around for a few years, who taught you about about {insert name of item found in MQCC Table 1}?
- Who taught your teacher about {insert name of item found in MQCC Table 1}?
- What makes you competent in {insert name of item found in MQCC Table 1}?
- What makes you proficient in {insert name of item found in MQCC Table 1}?
End of Test
You may add your own questions to this list. If you are not fully satisfied with the answers to the above questions, and if your proposed professional cannot provide you with traceable, verifiable, immutable proof of competency and proof of proficiency, then you may want to look for a different solution provider for your {insert name of item found in MQCC Table 1} requirements.
MQCC Foreshadowed Problems QuadrigaCX and offered Prevention Solutions to some Canadian CryptoExchanges 12 Months Earlier: The Need for PEMX™/® (www.pemx.com)
At least as early as December 7, 2017, MQCC foreshadowed the problems that might beset investors in Canadian Crypto/Virtual/Electronic/Digital/P2P/Secret/Shadow/Private Currency/Money/Token Exchanges and introduced itself to some members of Top Management (Chief Executive Officers) of Candian exchanges to licensed the MQCC Suite of Systems, Technology, Services and Products in order to safeguard their public customers.
Regrettably, no CEO accepted MQCC’s offer, at least not as of this writing, today. Tomorrow may be different.
CryptoFinance Letter of Prevention; MQCC: Foreshadowing Problems with Shadow Finance
Here is what the letter to one Canadian CEO of a crypto exchange, or money services business as they are called by Canada’s Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) - Sent on December 7, 2017: (Highlights added for this document). This is the real letter so any typing or grammar errors are included; MQCC is all about transparency (obviously…).
LETTER START
(TOP MANAGEMENT PERSON NAME),
I noticed you are the (ROLE IN TOP MANAGEMENT )
My name is Anoop Bungay (you already know); and the recognized by the United States Patent and Trademark Office (w/certificate) inventor of the BITMORTGAGE® Brand of Peer-to-Peer (& Private) Real Estate Finance and Peer-to-Peer Electronic Cash (Cryptocurrency) Products and Services.
Developed by MQCC (www.mqcc.ca) in 2006 and certified continuously to the National Standard of Canada for Quality Management (ISO 9001:2015); the MQCC ecosystem is the only one of it's kind to provide Canadian and International consumers with certifiable levels of safety, reliability and efficiency for consumers of financial services.
As I say to my friends, now that you have your bitcoin and you have bought all of your toys, what else are you going to do with it? The answer is, real estate transactions.
Why Consumers will come to MQCC, is because of the trust we have established - see www.mqcc.org (or see below) to get an idea.
What I was thinking about this afternoon (after I saw your email) was to ask you what you think about the following idea:
1 - I own the PEMX® (Private Equity Mortgage Exchange/Private Electronic Money Exchange) (www.pemx.com) for the past 5 years (Since Sep 5, 2014, 10:46 PM).
2 - PEMX® the only PEMX® is the only global network of online market exchanges built on the internationally recognized principles of the ISO 9000 family of quality management standards', namely ISO 9001:2015; developed and published by ISO, the International Organization for Standardization; based in Geneva, Switzerland.
3 - As "newbie" bitcoin buyers enter the market, the consumer does not know who to trust nor where to go (since the industry is not regulated); so the way I see it, if a consumer goes to a "private electronic money exchange" that is certified to the National Standard of Canada for Quality Management which means that the exchange operates at certifiable levels of statutory, regulatory and process conformity, resulting in safer, better and more efficient operations - they will feel more confident.
4 - QUESTION TO YOU:
Do you think there is scope to work together?
4.1 - one thing I was thinking of, is having seminars and teaching people about buying and selling bitcoin; with our hard-earned ISO 9001:2015 credentials, we will instill immediate confidence in the community. How you can help me, is by supplying me with Bitcoin. Or, selling me bitcoin at a discount and in turn, MQCC sells it to it's network.
4.2 - another thing, is possibly licensing the MQCC BITMORTGAGE® technology or otherwise providing you a way of differentiating yourself by offering your clients a way to deploy their bitcoins towards real estate secured financial instruments.
Anyhow, this is a start- at the least, I thought I would let you know that I exist.
Your thoughts, (MEMBER OF TOP MANAGEMENT NAME)
Anoop Bungay
LETTER END
As of today - August 5, 2019 - the CEO of this cryptoexchange (money services business) has not replied to MQCC, despite the very public loss of consumer confidence in the quality of cryptoexchange services. Perhaps tomorrow will be different and CEOs of crypto, noncrypto and hybrid financial companies will realize MQCCs seminal work in making non-bank, non-institutional, non-syndicated, non-regulated or regulatory exempt, free trading securities and related financial instruments; also known as Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow securities and related financial instruments, “Better, Safer and More Efficient”™.
The Need for PEMX™/®[235] (www.pemx.com) - Private Electronic Money Exchange; Private Equity Money Exchange; Private Electronic Mortgage Exchange
Yours sincerely, the author foreshadowed catastrophic nonconformity events encountered by “crypto” or Private Electronic Money PEM™/® and Private Electronic Money Instrument PEMI™/® exchanges which is why the PEMX™/® was created.
To provide global consumers, public officials, regulators and business entities a “Principles of ‘BlockChain’”-based, risk-based, rules-based, quality-managed environment to prevent nonconformity and provide stakeholders confidence with measurable, traceable and effective standards of quality and accountability for transaction and management in order to assure long term organizational resilience.
PEMX ™/® is open for business for “crypto” exchanges around the world and once Heads of States of countries who desire to be leaders for quality and conformity in and safety in “Crypto” (Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow securities and related financial instruments) finance and their advisors read this introductory text, it is hoped that more exchanges will be added for the benefit of the global consumer public. Learn more at your leisure at www.pemx.com™/®
Investing In or Purchasing Complexity or Criticality, without Competency or Proficiency
If the contents of this book catch you off-guard, don’t worry. You are not alone. Remember, the discovery of digital and non digital non-bank, non-institutional, non-syndicated, non-regulated or regulatory exempt, free trading securities and related financial instruments; also known as Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow securities and related financial instruments (because of the manner in which they are delivered) coincided with the discovery of a new field of study, namely, conformity science.
The problem is that a Ph. D. (Doctorate) in computer scientist cannot be an expert in rocket science; and a Ph. D. (Doctorate) in rocket science cannot be an expert in medicine or law; without proper training.
The study of digital and non digital non-bank, non-institutional, non-syndicated, non-regulated or regulatory exempt, free trading securities and related financial instruments; also known as Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow and related financial instruments is less than 19 years old and most of the serious interest in the subject occurred in the last three (3) years. It takes over 5 years to earn your first Ph. D., you do the math. What is the likelihood of your professional possessing expertise - at a proficient level - in the subject matter?
What is Complexity and Criticality? Don’t Ask Me: Ask the United States Department of Defense (DOD), General Services Administration (GSA) and National Aeronautics and Space Administration (NASA)
Most of the items listed in MQCC Table 1 are complex in nature; and, when it comes to preventing unnecessary loss of your organization’s money, your personal money or personal time, there is nothing more critical to you.
What is a complex item? Well, according to the DOD, GSA and NASA’s standards listed in the Federal Acquisition Register[236] (FAR) of 2019 (and earlier versions), according to Clause 46.203 Criteria for use of contract quality requirements:
Complexity.
(1) Complex items have quality characteristics, not wholly visible in the end item, for which contractual conformance must be established progressively through precise measurements, tests, and controls applied during purchasing, manufacturing, performance, assembly, and functional operation either as an individual item or in conjunction with other items.
(2) Noncomplex items have quality characteristics for which simple measurement and test of the end item are sufficient to determine conformance to contract requirements.
What is a critical item? Well, according to the same clause, 46.203:
Criticality.
(1) A critical application of an item is one in which the failure of the item could injure personnel or jeopardize a vital agency mission. A critical item may be either peculiar, meaning it has only one application, or common, meaning it has multiple applications.
(2) A noncritical application is any other application. Noncritical items may also be either peculiar or common.
What do these definitions mean to you? Simple; this leads you to The Bungay Test 2: Is it Complex or Critical?
The Bungay Test 2: Is it Complex or Critical?
Ask the following questions:
- Can I see what I am buying in specie (in the form that it is made)?
- If Yes - noncomplex; if No - Complex.
- Will I be upset if lose some or all of my organization’s money, my personal money or my personal time?
- If Yes - critical; if No - noncritical.
End of Test
You may add your own questions to this list. If the answer is No, then you are making a complex purchase and before you sign the contract and send money, make sure you are fully confident of your vendor or your investee. How can you be sure? Read this book to learn some introductory information; or contact MQCC, the seminal pioneer in commerce related to:
- “Principles of ‘BlockChain’”
- Conformity Science
- digital and non digital non-bank, non-institutional, non-syndicated, non-regulated or regulatory exempt, free trading securities and related financial instruments; also known as Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow and related financial instruments
- Related Systems, Technology, Services and Products
What Level is Your Focus On: Industry? Technology?
Industry Focus
The North American Industry Classification Code (NAICS[237]), and its international equivalents is a hierarchy of economic activity based upon industry sectors. In the current year 2017 edition of the US version there are 20 Sectors and, when expanded, display 2218 industry sectors, subsectors, industry groups, industries and country-specific industries.
The “Principles of ‘BlockChain’” were discovered when developing a functional business model for the trade in non-bank, non-institutional, non-syndicated, non-regulated or regulatory exempt, free trading securities and related financial instruments; also known as Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow securities and related financial instruments.
This activity appears in NAICS industry codes:
- 22292 Real Estate Credit
- 522310 Mortgage and Nonmortgage Loan Brokers
By the time May 9, 2008 arrived and the subordinate Quality Management System was registered to the National and International ISO 9001:2000 Quality Management System standard, it was discovered that the primary, overarching command and control - a meta-operating system (MOS™[238]) - built on the technology neutral (agnostic) “Principles of ‘BlockChain’”, could be applied for ANY organization, for ANY process in ANY industry sector.
In January 9, 2008 when the “bitcoin” computer program became the world’s second peer-to-peer electronic utility token[239] to allow for a payment transfer function. This payment transfer function is classified in the NAICS industry code as :
- 522320 Financial Transactions Processing, Reserve, and Clearinghouse Activities
Which includes
- Electronic funds transfer services
Technology Focus
Most (if not all) early payment transfer cryptofinancial products formed after bitcoin were based upon the bitcoin C++[240] computer program language, including in 2011 April namecoin[241], in 2011 October litecoin[242] and in 2014 January ethereum[243].
The Rush to Get In Is the Fatal Flaw
Since 2016 when global intrigue in all things bitcoin, “BlockChain” started to increase, public official, regulators, scientists, computer developers, business investment promoters and the like, are focusing on the bitcoin C++ computer program as the goal. In the rush to “not miss out”; obtain some patent, get a new customer who has money but no experience; increase stock price due to market intrigue; no person has stopped to think what is being accomplished and how is it being accomplished.
Author Note: And while MQCC is here to educate the “world”; remember, the origins of the “Principles of ‘BlockChain’” come from the world of “peer-to-peer” commerce. With over 7 billion people on earth, yours sincerely will be long past mortality before contacting all 7 billion persons on a peer-to-peer basis; hence this book.
Discovering a Tire and Attempting to Build a Car out of Rubber
What Satoshi Nakamoto[244] did was show the world a “tire” using a “rubber compound” which allowed for a means of “transport” from point A to point B.
The “tire” is executable program named “bitcoin.exe[245]” and the “rubber compound” is the C++ computer language[246] use to create the program code.
The subsequent developers of subsequent utility tokens, like the namecoin, litecoin and other tokens (programmed in the computer language of C++) improved on the “tire” using the same, or variations of the “rubber compound”; by introducing their own computer programs using C++ (or different and hybrid languages).
What the world sees in the “bitcoin” as benefits - which they did not see before (unless they were customers of MortgageQuote Canada Corp. and Bungay International Inc.) is the prevention of double expenditure, immutability, transparency, verifiability and extensions thereof; is simplifying and overstating the benefits of the bitcoin computer program (or the “tire”).
Millions of dollars and time is spent in experimenting and developing applications based on the original bitcoin program in order to realize on the broader benefits without realizing that it is on the “principles” which designed the “tire” where the focus should be, not the “rubber compound” (the C++ programming language) that formed “tire” (executable software program) itself. It is by correct understanding and correct application of the “principles” which will result in the formation of a “car”; not from the “rubber compound”. You cannot discover a tire and build a car out of rubber.
A Question of Trust
Ah, the reason-to-be for the “Principles of ‘BlockChain’”. So why is it that the “world” is focussed on looking at “BlockChain” as a singular concept in the form of a “technology”?
The problem is that CEO’s - who already have a busy schedule - don’t know any better; nor do investors, regulators, public officials or the average person. This is not fault of their own. Remember the United States Department of Defense definition of complexity within a commercial setting:
- “Complex items have quality characteristics, not wholly visible in the end item…”,
So the best thing that the CEO, investor, regulator, public official or the average person can do is to meet someone who professes to be an expert in the subject matter of “Principles of ‘BlockChain’”; trust what is being “said” and then deciding to accept the information and proceed to a contract.
Question First
Now that this book is written, CEO’s, investors, regulators, public officials or the average person can see that the “Principles of ‘BlockChain’” are beyond computer programming and are about turning “representations” into “reality”. If you make a promise, prove you the competency and proficiency to keep your promise and then deliver them, as promised using whatever tools you need: computer science tools, engineering tools, organizational development tools, and on. This is the “system-network of trust” that the “Principles of ‘BlockChain’” creates.
Finally on this section, a person - in the role of a CEO of any size organization - who wants to deploy the “Principles of ‘BlockChain’” should be asking questions as follows:
What is the business problem you are trying to solve?
- Do you want transactional immutability?
- Do you want transactional or organizational transparency?
- Do you want transactional or organization verifiability?
- Do you want efficiency and sustainability (hint: you won’t get it with a mining-based computer program).
- Do you want asset traceability?
- Do you want information control?
Depending on your role, investor, regulator, public official or your business industry, the questions you will need to ask will differ.
The Professional BlockChaineer™: Transforming the Mundane to Transmundane
The problems solved using a technology neutral, “principles”-based approach is first designed by a specially trained professional. MQCC has coined and trademarked the professional designation as:
- Professional BlockChaineer™[247]
A profession borne out of a mastery and understanding of “Conformity Science”.
The role of a Professional BlockChaineer™ is to understand the problem, from organization ‘top to bottom” and customer service “end to end”, then draft the plan for solving the problem drawing on methods or tools and techniques from all fields of study based upon the question being asked:
- Do we need a computer program process; perhaps a ledger or a distributed ledger maybe?: a computer science function
- Do we need a physical assembly-line process: a manufacturing function
- Do we need to invoke a human being to act: a human resources/behavioural science/anthropological function
- Do we need to create a new machine or modify an existing machine: an engineering function
- Do we need to change the organization structure?: an organization design function.
The “Principles of ‘BlockChain’” go beyond the mundane or singular field of computer science into the pan-discipline, transmundane. And so ends the Prelude.
2.0 A Word About Necessity, Discovery & Understanding
The interesting thing about the history of the discovery, commercialization and continual improvement of the object which was abstracted into a concept commonly communicated as “something about ‘blocks’ and ‘chains’” (or, by its working, technical title: Bungay Unification of Quantum Processes Algorithm; or, by it’s non-technical title: “Principles of ‘BlockChain’”) is riddled with irony, coincidence and hard focussed-work.
Humans do not like uncertainty; it does not matter if you are a public official, regulator, scientist, investor, parent or spouse; so a comforting thing about the history of the “Principles of ‘BlockChain’” is that it did not have uncertain origins, appearing deus ex machina - suddenly, out of nowhere - in the form of an environmentally unsustainable[248], [249], executable, alpha-state, experimental computer science program coded in the programming language of C++[250] by a person or persons named “Satoshi Nakamoto” for a peer-to-peer electronic cash system[251]. The simple, traceable, verifiable, immutable, public (transparent) and incontestable truth, is that the discovery of the “Principles of ‘BlockChain’” was borne out of the discovery of a new field of study (concept system[252]): conformity science, itself discovered out of a need to create an overarching system of trust (OSOT™[253]) to trade in:
- Non-bank, non-institutional, non-syndicated, non-regulated or regulatory exempt, free trading securities and related financial instruments; transacted on a Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow basis.
Although, this was not the only need.
See the MQCC™ Global Public BlockChain/Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow Knowledge Register of Articles & Entities (Responses) section at the end of this document. This non-distributed ledger (pardon the pun) is a record of some of the publicly available information published in the early years - before “the world started to pay attention at an exponentially increasing rate (around the year 2016) - on the subject matter of this e-book/document.
Intellectual Property
Those who know yours sincerely personally, know that I am particular about intellectual property rights, so don’t be surprised that this “first edition[254]” book (e-book/document) was published in year 19 of the journey. And this leads me to commenting about the matter of intellectual property. The history of the world is riddled with stories of people who become inventors, discoverers and innovators but whose contribution to the advancement of human knowledge was overlooked or minimized by those people who document history; or credit was assumed by another person.
If the “God of Opportunity” did anything good, it was for yours sincerely to naturally discover, build, curate and continually improve a body of knowledge (corpus) which consists of subordinate concepts that include the characteristics of traceability and temporal permanency. So if a claim or representation is made by yours sincerely, for any given claim, there is a high degree of probability that the claim may be followed to its point of origin in order to verify that the claim is valid and immutable. Having this degree of confidence in a claims-making ability, is one of the many benefits of working in an environment that creates a continuous state of inferred trust[255]. [Individuals employed in Top Management[256] of an organization who implement the MQCC Body of Knowledge™-based systems, technology, services and products within their organizations enjoy the benefit of creating an environment that fosters a continuous state of inferred trust[257]].
Indeed, in December 2015, Sir Mark Walport, Chief Scientific Adviser to Her Majesty’s Government, in a report[258] published in January 2016, recognized the subordinate concepts of traceability and temporal permanency (though in different wording), when it comes to intellectual property, namely:
- The business community has been quick to appreciate the possibilities. Distributed ledgers can provide new ways of assuring ownership and provenance for goods and intellectual property.
- Authors Note: Correct; hence there was no “need” to aggressively pursue publicity at an earlier state. Indeed, it is because of the conformity science concepts of traceability and temporal permanency discovered and documented by yours sincerely, that Sir Mark is able to confidently conclude that the “Principles of ‘BlockChain’” when correctly understood and correctly applied (to use a terminologically[259] correct phrase) will allow for assuring ownership and provenance for goods and intellectual property can be achieved and maintained.
- Reducing transaction costs for SMEs [small to midsize enterprise] when dealing with local and national government would enable these businesses to move more freely within the market and face lower overall operating costs. At the same time, enabling these companies to register their intellectual property (IP) within a distributed ledger, rather than through traditional patent applications, may reduce the overall number of contract disputes. Contract disputes make up 57% of all litigation in the UK, more than any other category of legal action.
- Authors Note: Internationally too, not merely locally and nationally.
- Now you know why there was no need to register a patent application. The MQCC business operations as a whole, is itself, evidence of prior art for a binary digit (electronic) global computer network-based commercial trade in Non-bank, non-institutional, non-syndicated, non-regulated or regulator y exempt, free trading non-bank, non-institutional, non-syndicated, non-regulated or regulatory exempt, free trading securities and related financial instruments; also known as Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow securities and related financial instruments.
- As cybercrime and international intellectual property theft increase (involving sums of more than $7 trillion globally), supply chains are coming under increasing regulatory, market and societal pressures for stronger assurance based on collaborative risk management, including accountability and federated identity management.
- The Anoop Bungay Body of Knowledge was borne out of a need to reduce commercial and financial risk caused by uncertainty.
- The Body of Knowledge allows for creation of fully accountable, transparent, traceable systems of control of both content and identity; at all three levels of systems control: local systems, systems of systems (SOS) and federations of systems (FOS).[260]
- Yours sincerely is also creator of the MQCC CYBERLOCKCHAIN™ which is a cybersecurity protocol that conforms to the United States National Institute of Standards and Technology (NIST) Cybersecurity Framework which is core standard upon which the Canadian[261] Cybersecurity Framework is based.
- The MQCC CYBERLOCKCHAIN™ works in artificial intelligent environment relying on a new ontology in artificial intelligence named Systems Level AI (Artificial Intelligence), a concept system developed by yours sincerely. You may read about Systems Level AI in an announcement made on the MQCC Social Media account, or see the section later in this book with a copy of the announcement.
In the interest of transparency, Sir Mark[262] had one non-trivial misunderstanding respecting “distributed ledger technology’[263]:
- Underlying this technology (distributed ledger) is the ‘block chain’, which was invented to create the peer-to-peer digital cash Bitcoin in 2008.
Here, Sir Mark is incorrect. The “Principles of ‘BlockChain’” were first discovered, scientific-method-based researched, developed and commercialized by yours sincerely, out of seminal work between at least as early as August 14, 2001 and April 9, 2005, for the binary digit (electronic) trade in:
- Non-bank, non-institutional, non-syndicated, non-regulated or regulatory exempt, free trading securities and related financial instruments; on a Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow basis, secured by real estate (or unsecured) using a global computer system-network at PrivateLender.org: Canada’s Private Lending Network™/®, at the internet uniform resource locator: www.privatelender.org™/®.
- The domain name privatelender.org was registered with the Internet Corporation for Assigned Names and Numbers (ICANN) on April 9, 2005. Note: before www.privatelender.org was registered; trade had already commenced years earlier, at the parent website: www.mortgagequote.ca. So yes, the actual commercial trading activity precedes April 9, 2005 however for ease of expression yours sincerely confers the date of first commercialization to the date of registration of privatelender.org. [For the purpose of reducing public confusion respecting dates, yours sincerely quantized[264] the events and the dates to all for a smooth (frictionless) understanding[265]]
- Yes, what you are thinking is correct:
- A utility token was created and commercialized at least as early as April 9, 2005; with the eventual quality characteristics of:
- Proof of Work (POW)
- Proof of Stake (POS)
- MQCC BlackBox™ (Proprietary) Protocol for
- Proof of Quality (POQ™)
- MQCC BlackBox™ (Proprietary) Protocol for
- Proof of Competency (POC™)
- MQCC BlackBox™ (Proprietary) Protocol for
- Proof of Proficiency (POP)
- MQCC BlackBox™ (Proprietary) Protocol for
- Proof of Trust (POT)
- And more (this is not the "main textbook").
- A non-bank, non-institutional, non-syndicated, non-regulated or regulatory exempt, free trading securities (financial security) token was created and commercialized at least as early as April 9, 2005.
- All of the utility token characteristics
- With attachment to a financial instrument.
- And more (this is not the "main textbook").
In the years leading to May 8, 2008, yours sincerely spent his time developing a binary digit (electronic) quality management system routine which became a subordinate system within the primary, overarching command and control meta-operating system (MOS™[266]) for the trade in:
- non-bank, non-institutional, non-syndicated, non-regulated or regulatory exempt, free trading securities and related financial instruments; also known as Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow securities and related financial instruments, secured by real estate (or unsecured) using a global computer system-network.
In order to assure that the organization (by then, incorporated as MortgageQuote Canada Corp.) on a “top-to-bottom basis” (Top Management to Line Staff) and its methods and products on an “end-to-end basis”[267] (point of customer entry to customer exit) conformed to one, some or all[268] of the following requirements:
- Legislative
- Statutory (Federal, Provincial/State/Regional, Civic)
- Regulatory
- Process
- Customer
- Shareholder
On May 9, 2008, MortgageQuote Canada Corp. registered its subordinate system (subsystem) the Quality Management System, to the Canadian National Quality Management System standard CAN/CSA-ISO 9001:00[269] and International Equivalent Quality Management System standard: ISO 9001:2000[270].
One additional point respecting the “Principles of ‘BlockChain’” is that the principles are a core element of a new field of study, discovered and defined by yours sincerely; namely, conformity science. The principles are not a technology; indeed the principles are technology neutral. Further, the principles are not a part of computer science; on the contrary, computer science is one method of application of the “Principles of ‘BlockChain’”.
The “dictionary definition” of conformity science developed by yours sincerely, is:
Source: A Brief History & Future of the Development of Global “Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow” Binary Digit Finance (BIT™ Brand Suite: BITFINANCE™, BITDEBT™, BITMORTGAGE®), “Principles of ‘BlockChain’" & Conformity Science: Systems, Technology, Services and Products: Before August 14, 2001 to Present Day by A. K. (Anoop) Bungay (Unpublished).
You may learn more about conformity science at www.conformity.org.
What this authoritative encyclopedic reference Is
This authoritative encyclopedic reference is not an autobiography. That book may come later. Further, this authoritative encyclopedic reference is not the “Originating BlockChain "main textbook". The "main textbook" is slowly being made; between life, family and work and intellectual property considerations, there is no set date for the publication of the "main textbook". At present - and for the past 19 years - your only real and practical way to learn about the subject matter in this document is to fly to Calgary, Alberta, Canada and learn from the author: as a customer, employee, agent, investor, lender, investee or borrower - directly; or, to have your organization license the Bungay-MQCC intellectual property including systems, technologies, services and products.
Also, it is not easy to sum over 19 years of primary research in an introductory document when you are not a professional author; and, as you would expect of the person who first discovered and applied the “Principles of ‘BlockChain’”-in-Commerce; yours sincerely has disintermediated editors, publishers and designers. The goal of this document is to get a message to you in a functional and frictionless manner; format and design is not a priority - traceable, verifiable and immutable content is. The book in later chapters includes content that was once published on the website www.mqcc.org but was removed.
If you would like me to sum this document for you in one sentence, here it is:
The concept known as “BlockChain” is easier than you think and harder than you know”. Save your valuable time and your limited cash. Rely on MQCC for guidance on your “Principles of ‘BlockChain’” initiatives (projects, investments), whether you are a government entity, a regulatory body, private enterprise (business, family office, individual). And as you would expect, this claim is traceable, verifiable and immutable.
Okay, let’s proceed.
Notice to the Global Scientific Community
On Monday, August 12, 2019, in a letter sent to the International Science Council[271] (council.science), a United Nations organ body and an ad hoc group of scientist peers, consisting primarily of Chief Scientists on Earth’s seven continents; and, for purposes of utmost transparency, a letter subsequently published as an article in the August 2019 Issue of the International Journal of Conformity Science IJCS™ entitled:
One (1) International Science Council; One (1) International Organization; Seven (7) Continents; 25 Global Scientists: Prior Art Notice: the Origins of the "Principles of 'BlockChain'": Commencing on April 9, 2005 and Continuously Registered to ISO 9001 from May 9, 2008 to 2019, Onward[272]
Yours sincerely wrote the following introduction:
Not everyone wakes up one day and says, "I am going to discover a new field of study, today". Nor does everyone wake up one day and say, "let's change the paradigm of how global commerce is transacted." Well, this is the experience of yours sincerely. My name is Anoop Bungay, of Calgary, Alberta, Canada and you will discover that yours sincerely;
#1 - naturally discovered the "Principles of 'BlockChain'" as a result of seminal, primary scientific-method-based research, development, testing, commercialization and National and International registration to ISO 9001:2000; ISO 9001:2008 and ISO 9001:2015, from at least as early as August 14, 2001 and today (August 12, 2019 Mountain Standard Time); in order to develop the world's first Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow electronic finance system for the trade in "non-bank, non-institutional, non-syndicated, non-regulated or regulatory exempt, free trading financial securities namely, the cryptoloan and cryptomortgage; commencing on April 9, 2005, at the internet domain name www.privatelender.org and operating as PrivateLender.org: Canada's Private Lending Network®. Marketed globally pursuant to the Singapore Treaty, Nice Agreement, Madrid Protocol and World Intellectual Property Office protocols, under the international registered trademark brand name the BITMORTGAGE®. This occurred five (5) years before the experimental, alpha-state subordinate-network for payment transfer, a digital "cryptocurrency" network (generically marketed globally as 'bitcoin') was made available to the public on January 8, 2009.
#2 - defined a new field of study named conformity science. Learn more, including the dictionary definition at www.conformity.org.
What were YOU doing between August 14, 2001 and April 9, 2005 and beyond?
Now, think back to your life between August 14, 2001 and April 9, 2005. How old were you? Were you even born? Were you in school, university, working? Who were you in love with; what were your dreams?
Observation then Abstraction of Terminology
It was between these years that seminal work was undertaken to achieve a functional[273] business goal that history has proven that no one else - other than yours sincerely - has achieved and discovered along the journey:
- Conformity Science: discovery of a new field of study (a subject field, domain or field of special knowledge[274]), namely, conformity science (www.conformity.org) within the application of a regulated or non-regulated commercial application for the transmission of (among other things) blocks of binary digit packets of information containing traceable, pre-verifiable, immutable, units of knowledge (“TRUTH TOKENS™[275]”); and,
- Bungay Unification of Quantum Processes Algorithm; a term synonymous with a plurality of terms[276] including: “Principles of ‘BlockChain’”: a multi-word term (designation/appellation) attributed to an individual concept (a unit of knowledge created by a unique combination of characteristics and corresponds to only one object) abstracted (differentiated and named) from an object (anything perceived or conceived)[277] categorized into a class.
- Proof that the multi-word term: “Principles of ‘BlockChain’” is a correct synonym for the Bungay Unification of Quantum Processes Algorithm is to first consider the intensional definition[278] (representation of the concept by a descriptive statement which serves to differentiate it from related concepts within the concept system[279]) which describes the concept.
- Bungay Unification of Quantum Processes Algorithm; “Principles of ‘BlockChain’”:
- A controlled process of recorded, cumulative, sequential, verifiable, cross-platform, cascading workflows.[280]
- This intensional definition includes the following:
- Synonymous terms (superordinate, comprehensive concepts): Bungay Unification of Quantum Processes Algorithm; “Principles of ‘BlockChain’”
- Partitive delimiting characteristics (subordinate or partitive concept): controlled process of recorded, cumulative, sequential, verifiable, cross-platform, cascading workflows.
- The partitive delimiting characteristics are considered essential characteristics of the concept; the set of characteristics are all necessary and sufficient to determine the extension (the set of objects conceptualized as a concept) of the concept[281].
- Proof of synonymy of Bungay Unification of Quantum Processes Algorithm; “Principles of ‘BlockChain’”:
- Abstracting from the Bungay Unification of Quantum Processes Algorithm title, each quantum process is a "block" and the unification of each block creates a "chain”.
- Hence: “Principles of ‘BlockChain’”.
- Out of recognition that ‘Block’ and ‘Chain’ have equal value (they are coordinate concepts); and are both essential in order for the concept to be complete, the first letter of each word is capitalized.
- The concept system, terms and definitions were created by analysis of discourse texts and the body of primary research that was developed, commencing at least as early as August 14, 2001; and proven by over 19 years of iterative, scientific-method-based research (plan (hypothesize), do (experiment), check (evaluate), act (conclude)[282]) and over 12 years of inclusion of the body (corpus) of knowledge into a regulatory-integrated, litigation-tested, commercial environment (system-network) comprised of a subordinate, consensus-based, risk-based Quality Management System continuously registered to ISO 9001:2000; ISO 9001:2008 and the risk-based ISO 9001:2015 since May 9, 2008 for commercial trade within the scope of North American Industry Classification System (NAICS) class number 522, namely, Credit intermediation and related activities.
- Registration of the system-network to a subordinate, consensus-based, risk-based Quality Management System continuously registered to ISO 9001:2000; ISO 9001:2008 and the risk-based ISO 9001:2015 empirically, and on a prima facie (at-a-glance) basis showed public officials, policymakers, regulators, professional liability insurers, prospective customers, customers, investors, lenders, borrowers and investees that the MQCC methods and products were better, safer and more efficient; according to the internationally renowned, respected and trusted: Standards Council of Canada (SCC); a Canadian Federal Government Crown Corporation.
- The terminology meets the general principles for term/appellation formation as described in ISO 704:2009 (E) Terminology work — Principles and methods[283]:
- Transparency
- Consistency
- Appropriateness
- Linguistic economy
- Derivability and compoundability
- Linguistic correctness
- Preference for native language
- Benefits of Conformity Science and Bungay Unification of Quantum Processes Algorithm; “Principles of ‘BlockChain’” and the underlying body of knowledge (principles, concepts, core processes), when correctly understood and applied, is empirically proven to enable better, safer and more efficient way for an organization to trade in high-value, complex or critical items by developing a set of principles that integrates higher-level contract quality requirement protocols within an organization as a whole: from “top to bottom” and “end to end” (T2B 2E2™)[284].
- This is a very simplified definition of the benefits. If you want to see the real benefits, visit www.mqcc.org and read the website, end to end; or see the MQCC Social Media Posts; or read the MQCC Blog at blog.mortgagequote.ca.
- The MQCC Website on page one says
MQCC.org Page 1 & Article 1
EXCERPT START
Welcome to the Convergence of Global Governance, Regulation, Finance, Trade, Technology & Society
Attention: Countries, Organizations and Individuals; the MQCC™ is Global Network Administrator (GNA™) of the First Application of the "Principles of 'BlockChain'"-in-Commerce (for a financial/legal/regulatory application), first developed by Mr. Anoop Bungay, Founder of Bungay International Inc. (based in Calgary, Alberta, Canada), serving the global community since at least before April 9, 2005.
Article 1: MQCC™, originally incorporated to assure statutory, regulatory and process (SRP™) conformity of national and international trade within the world's first token-based peer-to-peer electronic finance system developed by Bungay International Inc. (BII); MQCC™ evolved into the developer of the world's first internationally recognized, pan-industry, pan-functional, cross-cutting, energy-efficient, resource-efficient, quantum computing-ready, platform agnostic (technology neutral) , bespoke, unified, defense standard, military/law enforcement-grade, rules-based, scalable federation of systems (FOS) with system of systems (SOS)-nesting, turn-key, plug 'n play (PnP), top-to-bottom (T2B) and end-to-end (E2E), interoperable, "secure, risk-based meta-operating system" designed to provide frictionless, real-time assurance of statutory, regulatory and process conformity for any public sector (GOVERNMENT), private-sector (regulated and non-regulated COMMERCE) and non-government organization (NGO). A functional system built in accordance to the MQCC Automated Artificial Algorithmic Intelligent (AAAI™) brand of pioneering self-learning, "systems-level AI". MQCC systems are founded upon seminal standards and seminal MQCC "Principles of 'BlockChain'" which establishes "at-a-glance" levels of trust, accountability, transparency, responsiveness and efficiency. Empirical longitudinal studies, 12 years of annual systems audit by independent auditors and 12 years of continual registration to the National and International Quality Management System standard of 119 countries: ISO 9001:2015, empirically proves that MQCC systems and technology provide immediate benefits, may be rapidly deployed, may be scaled to any size entity; and result in increased revenue and profitability; increased cost savings; and reduced risk of loss and expenditure. Celebrating over 19 years of successful scientific-method-based primary research, discovery, development, commercialization, litigation testing, regulatory audit, regulatory scrutiny and regulatory recognition (through registration to National and International Quality Management System Standards), continual operation and continual improvement.
-
As of May 9, 2019 - the intellectual property and underlying suite of MQCC BlockChain™-based Systems, sub-systems and Technology celebrates over 12 Years of continuous registration to the International and National Standard for Quality Management Systems of 119 Countries.
--
Since 2006, the MQCC™is the world's first and only Canada-based, international organization that helps federal and non-federal, government and non-government organizations; regional, national and international regulators; regulatees, non-regulated and regulatory exempt organizations (government, commercial and non-commercial) to improve general public trust and reduce regulated and non-regulated industry risk, through development and implementation of conformity systems based upon seminal BlockChain¹ Principles and "proof-of-work" (MQCC™ proprietary "proof-of-quality" (POQ™)token) technology [BlockchAIn Zero One™] . is both a global leader and standard-setter, with Quality Management Systems registered to meet both the rigorous 'National Standard of Canada' for Quality Management Systems, published by the CSA Group (Canadian Standards Association) and USA equivalent: 'American National Standard' (ANS) for Quality Management Systems published by ANSI (American National Standards Institute). The Standard is recognized and trusted by Canadians, USA residents and consumers in over 119 countries including UK & AU.
---
Confirmed by the equivalent National Standards Bodies of 119 countries: according to the Standards Council of Canada (SCC), a Canadian federal Crown corporation which reports to Canadian Parliament through the Minister of Innovation, Science and Economic Development Canada: Standards help to ensure BETTER, SAFER and MORE EFFICIENT methods and products, and are an essential element of technology, innovation and trade.
--
In accordance with the Government of Canada’s Cabinet Directive on Regulation (and its equivalent in 119 countries), the National Standard of Canada for Quality Management is adopted from world-class international standards, namely, the quality management system standard ISO 9001, published by the International Organization for Standardization (ISO) [based in Switzerland], of which Canada is a founding member.
-
The MQCC™: Celebrating 14 Years of pioneering advances in the MQCC™, Defense Standard, Military/Law Enforcement-Grade, Litigation-Tested, Regulatory-Recognized, Regulator Audited, BlockChain Conformity Management Standard™ (BCMS™) Brand of
- BlockChain Conformity Management System
- Pan-Industry, Pan-Functional Higher-Order Artificial Intelligence (AI)BlockChain, Regulatory Harmonized & Secure, Risk-based Organization Conformity meta-Operating Systems
- BlockChain Systems, Technology, Products and Services
- Financial Products
- Financial Services
- Conformity Science Standards
- Quantum-Ready
Developer of the MQCC (R)evolution™; the next level generation of Secure, Risk-Based, Statutory, Regulatory & Process (SRP)™Organization Conformity Operating Systems (MQCC RB-SRP™-OCOS™), built on seminal "BlockChain" Principles and technology developed by Anoop Bungay, Founder of MQCC™in the early 2000's (visit www.bitmortgage.org to see the cursory-level white paper introduction).
The world's first, safest and most trusted BlockChain operating system. MQCC: the standard by which all BlockChain algorithms are measured.
END EXCERPT
- You are encouraged to read the journal articles at the International Journal of Conformity Science IJCS™ at ijcs.mqcc.org; and finally, read some responses to speeches, news and statements issued by the United States Securities and Exchange Commission SEC® in this document.
- The obverse: What the “Principles of ‘BlockChain’” is NOT:
- An individual concept of “technology”.
- An individual concept of “hardware” or “software”.
- A series of benefits that may be achieved from an executable software program coded in C++ computer language, creating a peer-to-peer network.[285]
- Additional Discoveries
- Beyond the preceding two discoveries are a host of additional discoveries publicly disclosed at www.mqcc.org on page one (the website for the company which is now named as Money Quality Conformity Control Organization MQCC™ incorporated as MortgageQuote Canada Corp.); or, see Schedule “A” of this document.
Finally, take a moment to think about the name of any traditional brokering authority of knowledge, namely, a university, college, technical school, professional school, vocational school or other organizations (companies, governments, industry associations) that promote themselves as:
- Teaching a subject named "Principles of 'BlockChain'" or,
- "How to build a Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow Electronic Finance System-Network" or,
- How to develop "International Standards-based Quality Management Systems built on the "Principles of 'BlockChain'" ;
- Creating and trading in regulatory-conforming securities tokens and utility tokens.
An internet archive search will show the following results:
- Zero Universities
- Zero Colleges
- Zero Schools
- Zero Organizations (companies, governments, industry associations)
Finally, ask yourself, how many companies do you know that, at least as early as April 9, 2005, were advertising the trade of:
- non-bank, non-institutional, non-syndicated, non-regulated or regulatory exempt, free trading securities and related financial instruments; also known as Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow securities and related financial instruments, secured by real estate (or unsecured) using a global computer system-network.
A system-network that integrated a subordinate, consensus-based, risk-based Quality Management System continuously registered to ISO 9001:2000; ISO 9001:2008 and the risk-based ISO 9001:2015 since May 9, 2008?
An internet archive search will show the following results:
- One company: MortgageQuote Canada Corp. MQCC™ (Money Quality Conformity Control Organization).
While you, my gracious reader, may only be discovering this information today, from Zero to One™[286]; the traceable, verifiable and immutable history, continues.
Sincerely Yours,
/s/
A. K. (Anoop) Bungay
Calgary, Alberta, Canada
August 29 - September 6, 2019
3.0 Introduction
While Charles Darwin, Fellow of the Royal Society (The United Kingdom of Great Britain and Northern Ireland) wrote On the Origin of Species by Means of Natural Selection, or the Preservation of Favoured Races in the Struggle for Life to introduce “evolutionary biology” to the world[287] in his role as an observer and discover; yours sincerely wrote Origin of a Specie™ to introduce “evolutionary digital commerce and conformity science” as an observer, discoverer and creator.
Moreover, on the subject of “progress” (or innovation); as learned peers at the Royal Society explained in an August 2015 article[288]:
To make progress, scientists must specify phenomena that require explanation, identify causes and decide on what methods, data and analyses are explanatorily sufficient. In doing so, they may inadvertently create a ‘conceptual framework’—a way of thinking for their field, with associated assumptions, concepts, rules and practice, that allows them to get on with their work.
This concept of progress formed by the learned peers, in part, was derived from an understanding of the prior work of three earlier scholars[289]; and nicely sums up yours sincerely’s experience over the past 19 years. Indeed, it was not possible to “get on with my work” without stopping along the way to “make sense” of “what is going on” in respect to any given phenomena (“object or concept[290]”) that I was working on at the time. In retrospect, albeit slow, this “stop and go” approach was necessary in order to document the understandings for downstream activity. Out of this painstaking factual approach[291] and the application of a scientific-method-based process methodology known as PDCA[292] (plan, do, check, act), was created a of body (corpus) of work out which a formidable conceptual framework and new way of thinking was formed.
A conceptual framework, you will find, that creates a paradigm shift on how human beings may now interact with one another during formally organized interactions for the purpose of exchanging-value; within an environment where the concept of trustworthiness is proven and accepted on a prima facie (at-a-glance basis) because uncertainty is managed through traceable protocols of identification, mitigation and prevention. All parties the value-exchange transaction are working in accordance to the same set of consensus based rules within a decentralized, overarching system of control that consists of higher-level management systems based standards integrated with competency based standards in a technology-neutral manner.[293]
This work of scientific-commercial-regulatory-financial literature is an introduction to the foundational body of knowledge that led to the discovery of the Field of Conformity Science, the "Principles of 'BlockChain'" and binary digit financial instruments also known as digital assets; is a foundational document providing introductory-level insight on the evolution of digital commerce and the processes related to the discovery of the "Principles of 'BlockChain'" which produced a commercialized binary digit financial instrument (digital asset) and the related systems, technologies, services and products. The body of evidence - as you would expect from the creator of the system built on principles that creates trust through transparency, immutability, validation, traceability and verifiability - is itself, traceable, verifiable, immutable and transparent.
On April 9, 2005, the world’s first binary digit financial instrument “system” for the trade in assets, namely, non-bank, non-institutional, non-syndicated, non-regulated or regulatory exempt, free trading securities and related financial instruments in digital form (digital assets) using an electronic, global computer “network” transacted on a Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow basis for a mortgage and loan instrument commenced operations. The system-network, for the past 14 years, is continuously accessible to the global public 24 hours a day, 7 days a week at www.privatelender.org™/®; and is trademark registered as PrivateLender.org: Canada’s Private Lending Network™/®.
With over 19 of history (including over 4 years of primary discovery, research and scientific-method-based testing), the MQCC Suite™ of systems, technology, services and products are a revolutionary-first because the underlying MQCC principles, concepts and core processes includes functionality that consists of inbuilt quality, inbuilt management system based standards, inbuilt competency based standard and validated conformity to statutory, regulatory, process and customer requirements. As the pioneer, MQCC the global standard-setter for quality and conformity in binary digit financial instruments (digital assets), systems, technology, services and products.
In addition to non-financial binary digit (tokenized/utility token[294]) commercial products, the MQCC BlockChain™ System-Network as the underlying delivery structure is now called, globally trades in the trademark brand-class of financial instruments distinctively named: “BIT BRAND™”. The digital assets representing debt instruments are marketed globally (subject to applicable regulatory conformity) under a distinctive trademark registered brand name in Canada, United States of America and globally under the rules of the World Intellectual Property Organization (WIPO) and the Madrid Protocol as BITMORTGAGE®.
The BITMORTGAGE® registered-trademark global brand pre-dates the generic bitcoin by over 4 years. When created, the subordinate, alpha-state, experimental bitcoin network became a candidate digital payment transfer subsystem for the MQCC BlockChain™ System-Network; but history has shown that the bitcoin computer program core algorithm may simply not be sustainable enough to be integrated into the parent, MQCC “Principles of ‘BlockChain’” suprasystem-network, in order to safely serve the needs of the global community for the long-term.
As a member of the global public, why might you not have heard of the name Anoop Bungay, PrivateLender.org: Canada’s Private Lender Network™/® earlier? Well, as explained to the International Science Council and a group of up to 25 Chief Scientists around the world: the “Principles of ‘BlockChain’” disintermediates all parties who are not privy to a peer-to-peer transaction. Over 14 years of successful disintermediation has proven that “Principles of ‘BlockChain’” based-disintermediation is real and it works AND more importantly: globally accessible trade in digital peer-to-peer assets works, is stable, can be integrated to regulatory requirements and really makes money for investor-lenders while offering a creative range innovative (revolutionary some might say) non-bank, non-institutional, non-syndicated, non-regulated or regulatory exempt, free trading financial products for consumers.
Don’t believe me: See what over 14 years of validated, transparent, traceable, immutable “Principles of ‘BlockChain’”-based financial investor rates of return charts for MQCC.org for the past 10 years.
4.0 Organization (System) Level Benefits of the “Principles of ‘BlockChain’”: Command, Control, Quality (CCQ™[295])
A combination of efficiency and financial gains. From page 1 of the MQCC website, these images will give you a brief idea:
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5.0 Financial Empirical Benefits of the “Principles of ‘BlockChain’”
While some of the following benefits were published and unpublished from the MQCC website, most of this information has remained private until this summer of 2019. The goal over the past decade and longer was to build up enough evidence and backup to be able to affirm, without a doubt, that MQCC is the leader in this field of conformity science, the “Principles of ‘BlockChain’” and in the field of non-bank, non-institutional, non-syndicated, non-regulated or regulatory exempt, free trading securities and related financial instruments; also known as Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow securities and related financial instruments, secured by real estate.
- how do you prove sustainability if you have only been around for 3 years or if you are a startup; or a concept?
- how do you prove low volatility without at least 10 years of data to back up your words; which covers at least 3 economic cycles and two series of federal level elections.
- how do you prove stability without at least 10 years of data to back up your words?
Retail Investor in Non-bank, Non-institutional, Non-syndicated, Non-regulated or Regulatory Exempt, Free Trading Securities and Related Financial instruments; also known as Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow Securities and Related Financial Instruments, Secured by Real Estate.
Over 10 Years of Financial Returns Proof: the Traceable, Transparent, Immutable Truth of the “Principles of ‘BlockChain” within a Financial Application-in-Commerce
See Charts below
Chart 1: Source MQCC.org (investor.mortgagequote.ca)
See the original at investor.mortgagequote.ca.
Chart 2: Source MQCC.org (investor.mortgagequote.ca)
See the original at investor.mortgagequote.ca.
Savings for Banks and Confidence for CEO and Shareholders
Billion Dollar Opportunity Cost for Canadian Banks
The information below was prepared about 3 years ago.
For Fiscal Year 2015 only.
If your organization worked with MortgageQuote as early as five years ago in 2011, [using our calculation based on research of over 2500 companies by a Standards Council of Canada-Accredited Management Systems Certification Body] of $300M per year, the saving for your organization with MortgageQuote's expertise is estimated to be $1.5 Billion.
MortgageQuote Canada Corp.'s ISO 9001:2015 Risk Based Integrated Quality Management Systems is designed to prevent the statutory, regulatory and process (SRP™) nonconformity which typically evolves into major cases of contingent and provisional liabilities. Source data are from the public available annual reports for each bank.
- Average Saving over 5 banks (assuming all debts consist of contingent liabilities caused by statutory, regulatory or process nonconformity (SRP™) and that CIBC pays $500M), is $384.8M.
- Aggregate total provisional costs for five chartered banks is up to (or exceeding): $2.6267 billion dollars in fiscal year 2015, alone.
See the Bank section of this document to see the research.
Stock Exchanges & Publicly Traded Companies
With MQCC™, empirical longitudinal studies demonstrate a public company may:
Outperform S&P 500 by 192% over 10 years
Earn Material Risk Reduction when Compared to the S&P 500
Empower your Exchange listed organizations or your Exchange listed public company with instant credibility and confidence of regulators, investors, customers and consumers with MQCC™.
See the Stock Market section of this document to see the benefits.
After you read this document, might you have some additional questions; over 98% of your answers should be found by reading www.mqcc.org or, in some recent articles published by the International Journal of Conformity Science IJCS™ found at ijcs.mqcc.org, or the MQCC blog at blog.mortgagequote.ca; or the MQCC Social Media feeds; the twitter feed in particular is excellent (twitter handle: @mymortgagequote).
One article that will be of particular interest to you, especially students, scholars, academics (graduates, undergraduates, doctoral, post-doctoral researchers) and researchers, is Article 2 of the August 2019 Issue of the International Journal of Conformity Science IJCS™ found at ijcs.mqcc.org, entitled:
One (1) International Science Council; One (1) International Organization; Seven (7) Continents; 25 Global Scientists: Prior Art Notice: the Origins of the "Principles of 'BlockChain'": Commencing on April 9, 2005 and Continuously Registered to ISO 9001 from May 9, 2008 to 2019, Onward[296]
This is a detailed letter to the International Science Council (council.science), the United Nations and an ad hoc global peer group consisting primarily of Chief Scientists across the Earth’s seven continents introducing yours sincerely and yours sincerely’s contribution to the advancement of the state of world knowledge.
This document is neither meant to be long nor comprehensive[297] it is meant to effectively share an “idea” with you[298]. Since one of the reasons that this document is being written, is in relation to an article published by Harvard University’s Harvard Business Review; it is authored in a manner that seeks to conform to the five quality guidelines of authorship set by the Editor of HBR.org and the Editor of Harvard Business Review, namely[299]:
- Expertise
- Evidence
- Originality
- Usefulness
- “Pleasurably persuasive” [a bespoke variation of the Editor’s terminology]
Further, this document seeks to conform to the “process notes” of both HBR.org and Harvard Business Review, namely. By the time you reach the end of this document, you should have a reasonable series of answers to the below five “process note” list items[300]:
- What is the central message of the article you propose to write?
- What is important, useful, new, or counterintuitive about your idea?
- Why do managers need to know about it? How can your idea be applied today?
- What is the source of your authority? On what previous work (either your own or others’) does this idea build?
- What academic, professional, or personal experience will you draw on?
When preparing this document for you, the article authored by Reddi Kotha, Phillip H. Kim and Oliver Alexy, entitled: Turn Your Science into a Business published by Harvard Business Review[301] on November 2014, comes to mind.
So, too, comes to mind, the recent article authored by Gary P. Pisano, Professor, Harvard Business School, entitled: The Hard Truth About Innovative Cultures published by Harvard Business Review in the January-February 2019 publication.
The missing element within the “idea” described in Gary P. Pisano’s article is not untrue, and, indeed, reasonably accurate; namely[302],
The Frustration: [Beyond] the conventional wisdom ... that successful innovation depends on providing an environment where there’s a tolerance for failure and a willingness to experiment, it’s safe to speak up, and it’s highly collaborative and nonhierarchical.
What’s Missing: Each of these easy-to-like behaviors must be counterbalanced by tougher behavior that’s less fun:
- an intolerance for incompetence,
- rigorous discipline,
- brutal candor,
- a high-level of individual accountability, and
- strong leadership.
The Leader’s Role: Such a culture generates tensions that must be carefully managed. Uncertainty and confusion must be addressed with decisiveness and transparency. People who can’t adapt must be ushered out. The temptation to take shortcuts must be resisted.
Indeed, one of the reasons every organization on earth will transform their operations to a 100% MQCC “Principles of ‘BlockChain’”-based, Risk-Based Meta-Operating System (MQCC MOS™) using the principles, concepts and core processes pioneered by MQCC is because the “Principles of ‘BlockChain’” at a base level, identifies instances of nonconformity to established, higher-level quality standards which assure a continuous state of organization conformity (at all levels, from end-to-end) to statutory, regulatory, process, customer and stakeholder requirements; and implements a corrective action protocol in order to mitigate the nonconformity and prevent future occurrence.
Employees - no matter where they live in the world - appreciate a good system when they work within one. As a leader of an organization, whether you are a President of a Country (government), Executive Director of a national or international benevolent organization (non-government) or Chief Executive Officer of a company with one employee or 2.2M employees[303] (private enterprise), with the “Principles of ‘BlockChain’”, you are able to set your leadership standards as high as you want for your organization and rest assured that your team members, your customers and your stakeholders will be able to manifest you and your organization’s mission, vision and values, in a manner that lets everyone, “Sleep Well at Night™[304]”.
6.0 The Reason for Writing Now
This document is being written for two reasons. Reason number two will explained later; reason number one is because there is a need to clarify a general (world-wide) misunderstanding about a certain subject matter, namely, the “Principles of ‘BlockChain’”; or, as the concept[305] is expressed by its terminological entry, [borne out of [19 years] of knowledge (corpus) development (including: terminology, vocabulary, ontology) commencing at least as early as August 2001, resulting from natural discovery, scientific-method-based primary research, development, commercialization, litigation testing, annual professional liability insurer underwriting and regulatory audit, scrutiny, reporting and recognition (through registration to National and International Quality Management System Standards of 119 Countries)[306]]:
And as explained earlier:
- The originating entry term, terminological phrase[307]:
- Bungay Unification of Quantum Processes Algorithm
- "Bungay Unification of Quantum Processes Algorithm"; each quantum process consists of a "block" and the unification of each block, creates a "chain".
- A synonymous, less technical terminological phrase:
- “Principles of ‘BlockChain’”
- A secondary, synonymous, less technical terminological phrase:
- BlockChain Principles
- A preferred series of synonymous terms exist but will not be disclosed in this document.
As for the definition (a statement describing what the concept is[308]) of the terminological phrases: "Bungay Unification of Quantum Processes Algorithm"; “Principles of ‘BlockChain’”; “BlockChain Principles, here it is:
Definition
- A controlled process of recorded, cumulative, sequential, verifiable, cross-platform, cascading workflows.
- Defined by Mr. Anoop Bungay.
- Submitted to all Major Dictionaries.
- Part of a monolingual controlled vocabulary of a meta-system comprised of a subsystem continuously registered to the National and International Quality Management System standards: ISO 9001:2000, ISO 9001:2008 and ISO 9001:2015; from at least as early May 9, 2008 until present day (August 2019).
- Used as the definition of a body of work prepared for judicial proceedings in Canada at least as early as 2013 for a transaction originated in 2010.[309]
- This is an intensional (stipulative, lexical) definition.[310]
If this document comes as a surprise to you, don’t worry, you are not alone; indeed, the majority of “learned persons” in the public domain, including academics, scholars, researchers and individuals employed in national and international leadership positions in the four (4) Functional Structures of the Global Economy[311]:
- Public Organizations (Government)
- Private Organizations (Industry)
- Non-Government Organizations NGO: National, International (Pan-functional)
- Intergovernmental Organizations IGO (Pan-functional)
and the five (5) branches of governments[312]:
- Executive
- Legislative
- Judicial
- Regulatory
- Science Advisory
Have also misunderstood the origins of the “Principles of ‘BlockChain’” and the origins of the world’s first application of the “Principles of ‘BlockChain’”-in-commerce for a Non-Bank, Non-Institutional, Non-Syndicated, Non-Regulated or Regulatory Exempt, Free Trading Securities and Related Financial Instruments; also known as Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow Free Trading Securities and Related Financial Instruments, within a Global Electronic Finance System-Network commencing commercial operations on at least as early as April 9, 2005[313]
The second reason this document is being published is because of a chance encounter with a person. Last week (third week of August 2019), yours sincerely met with a fellow Founder, Chair of the Board, President and Chief Executive Officer (CEO) of a Canada-domiciled corporate entity. Whose entity is regulated by a plurality of regulatory bodies including members of the International Organization of Securities Commissions (OICU-IOSCO) (www.iosco.org) and North American Securities Administrators Association (NASAA) (www.nasaa.org). The CEO also happens to have earned his or her Masters of Business Administration (MBA) from Harvard University, Harvard Business School.
The CEO and I were discussing why his or her regulated financial services company needs to immediately learn, comprehend, license and deploy MQCC’s intellectual property which consists of a turn-key, 14 year old, mature suite of pioneering, risk-based systems, technology, services and products built on seminal “Principles of ‘BlockChain’”, first identified, researched, commercially applied, tested, and registered to the National[314] and International Quality Management System Standards[315] (ISO 9001:2000, ISO 9001:2008, ISO 9001:2015) of 119 countries including the United States of America, by yours sincerely between at least as early as August 14 2001 through May 9, 2008 and into present year, 2019.
The discussion with the CEO included how integration of the seminal “Principles of ‘BlockChain’” with state-of-the-art technology led to further discoveries including statistically significant, non-trivial benefits obtained through functional convergence of the constructs of money, quality, conformity and control within an organization system application (OSA™). Successful convergence of these constructs delivers a risk-based, regulatory-recognized, defense-standard, military-grade, commercially-available, sustainable, stable, ultra-efficient, accountable, transparent, non-repudiable, statutory, regulatory and customer requirements-conforming, higher-level-quality[316], higher-level-integrity, two-element “system-network” comprised of:
- A “system for creating trust”
- A “network for transmitting trust”
When combined, the two elements create an overarching “Principles of ‘BlockChain’”-based “trust system” which may be applied in any government, non-government and industry application[317]. The “trust system” allows for effective command, control and management of risk, which is an effect of uncertainty[318], for any organization's high-value, complex and critical; profit-making, non-profit-making and governance functions. The first application-of-use, of the commercialized “Principles of ‘BlockChain’” commenced at least as early as April 9, 2005[319], [320], for a “Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow”[321] financial intermediation business model[322].
7.0 A Traceable, Auditable, Immutable: TimeLine
Between at least as early as:
- Wednesday, August 15, 2001
- Identification of the Need
- A need for a global computer system-network-based, stable, sustainable, fast, efficient, traceable, immutable, verifiable, transparent, technology neutral, INEXPENSIVE, easy-to-use, trusted, fail-safe, end-to-end, top-to-bottom, standards-based, competency-based, self-regulating, regulatory-integrated, self-correcting, state-of-the-art, state-of-the-science, overarching system of control for a business that had not regulatory oversight and no national or international standards, namely: non-bank, non-institutional, non-syndicated, non-regulated or regulatory exempt, free trading securities traded in a Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow manner.
- To allow for prima facie or ‘at-a-glance’ levels of trust, a “badge or icon image” [which, after 19 years became an MQCC source identifying, trademark logo] was needed to allow third-parties to have utmost trust in the quality of the “system-network” for BOTH organization process and transaction:
- Quality
- Product or Process Traceability
- Measurability
- Auditability
- Transparency
- Control
- And more.
- A concept system of national and international private standards
- A concept system of national and international private regulations
- National and International Market infrastructure including:
- National and International Industry and Consumer Associations
- National and International Ombudsman/persons
- National and International Education, Professional Training, Competency and Credentialing
- Consumer and Industry public awareness program
- As of 2019, essentially all of this infrastructure is created; visit www.mqcc.org to see a part of it.
- Saturday, April 9, 2005
- Commencement of the “World’s First Application of the “Principles of ‘BlockChain’”-in-Commerce for the trade in Non-Bank, Non-Institutional, Non-Syndicated, Non-Regulated or Regulatory Exempt, Free Trading Securities and Related Financial Instruments; also known as Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow Free Trading Securities and Related Financial Instruments, within a Global Electronic Finance System-Network.
- Friday, May 9, 2008
- Registration of the “World’s First Application of the “Principles of ‘BlockChain’”-in-Commerce System of a subordinate Quality Management System, to the United States National Standard (and equivalent National Standard of 119 countries) ISO 9001:2000, on May 9, 2008 from “Top to Bottom (T2B) & End-to-End (E2E)” for the scope of financial intermediation[323].
- Friday, October 31, 2008
- Introduction of the Satoshi Nakamoto Paper entitled: Bitcoin: A Peer-to-Peer Electronic Cash System[324]
- Thursday, January 8, 2009
- Introduction of the alpha state, experimental, non-commercialized Bitcoin computer program[325]; a subordinate, payment transfer system at least 1/1000th[326] size of the MQCC BlockChain™ System-Network.
8.0 Private Commercialized Research and Innovation and the Academic Community: A Disconnect
Public records (internet and non-internet-based) related to PrivateLender.org: Canada’s Private Lending Network™/® (www.privatelender.org) owned by Bungay International Inc. (www.bungays.com) and MQCC™ the Money Quality Conformity Control Organization incorporated as MortgageQuote Canada Corp. (www.mqcc.org), show that there is no available evidence of proof that any traditional brokering authority of knowledge, specifically, accredited or non-accredited, public or private:
- corporate university
- college
- traditional university
- Polytechnic
- vocational school
- Professional studies institute
- center of learning
- Members, Affiliates, Associates of the International Association of Universities (iau-aiu.net)
Offered its students any form of formal research, education or training in the subject of regulatory-integrated, commercialized systems, technologies, services and products related to:
- Non-Bank, Non-Institutional, Non-Syndicated, Non-Regulated or Regulatory Exempt, Free Trading Finance
- Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow Finance
- Defense Standard, Military Grade (in accordance with United States Department of Defense (DOD), General Services Administration (GSA) and National Aeronautics and Space Administration (NASA) Regulations[327].
- The “Principles of ‘BlockChain’”; Bungay Unification of Quantum Processes Algorithm.[328]
- “Principles of ‘BlockChain’”-based Quality Management System, registered to the National Standard of 119[329] countries including the United States of America[330].
- Planning, Designing, Building, Testing, Commercialization and International Standards-Registration of Regulatory Integrated and Regulatory-Exempt Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow Finance finance business systems that may be conducted in the United States of America without registration under the Securities Act of 1933 or the Securities Exchange Act of 1934 because inbuilt conformity to the United States Securities and Exchange Commission SEC® requirements.[331]
- Designing “Principles of ‘BlockChain’”-based financial systems and financial networks that are engineered to successfully withstand regulatory scrutiny from National and International financial regulators and withstand formal litigation events by third parties including professional liability insurers and members of the International Council of Legal Regulators (ICLR).
- Decentralized Ledger Creation, Access and Control
- “Non-mined” binary digit financial instrument (digital asset)-based commerce protocols; the MQCC Utility Token
- Binary Digit Assets[332]
- Binary Digit Asset Global Computer Network & System
- Conformity Systems, Technology, Services and Products
- See Schedule A at the end of this document, for a partial list of subject matter items; many of which were developed and commercialized by MQCC.org.
9.0 MQCC: Origin of the Electronic, Token-Based, Global, Private Meta-Regulatory System with Private Functional Standards integrated with Public Consensus-based Regulatory and Voluntary Standards
When creating the system-network to trade in:
- non-bank, non-institutional, non-syndicated, non-regulated or regulatory exempt, free trading securities and related financial instruments; also known as Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow securities and related financial instruments.
At least as early as April 9, 2005 the Bungay International Inc. System-Network™ (BIISYN™)[333] (www.privatelender.org) eventually named the MQCC Overarching System of Quality, Conformity, Command & Control™[334] (marketed globally by its trademark name: Archangel™[335]) required standards in order to function and in order to be used as the basis for scaling the network in depth and breadth. At the time, there were no courses, classes, or manuals so all MQCC Standards™ were discovered through the scientific process of making educated guesses, implementing, testing and documenting. This process was repeated for every process and every function. The processes that worked were included in the functioning system and the processes that did not work, were set aside.
Afterall, we could not have risk which is the effect of uncertainty, caused by major and minor nonconformity events including:
- Double lending by investor-lenders
- Double borrowing by applicants-borrowers
- Exposure of the MQCC System-Network™ to predatory investor-lenders or fraudulent investor-lenders’; money launderers or proceeds of crime.
- Exposure of the MQCC System-Network™ to fraudulent applicants-borrowers
- Loss of control due to reliance on a singular computer technology, programming language or vendor.
Over the course of time a compendium of knowledge was created, a library - if you will - was formed which consisted of the MQCC Standards derived out of functional efficacy.
Naturally, because the financial instruments were non-bank, non-institutional, non-syndicated, non-regulated or regulatory exempt, free trading in nature, as a private company, MQCC needed to create a system of regulation too, so that MQCC could maintain control over the nature and quality of the goods or services[336]. And because MQCC inquiries came from around the world, a global approach was required.
Through registration to a relevant International Standard, namely ISO 9001:2000 (and subsequently ISO 9001:2008 and ISO 9001:2015), MQCC transformed into what is called a system owner[337] and system operator (SYSOP); so became responsible for its own system management and operating framework schemes; with their own rules, procedures, management and conformity assessment subroutine. Through this transformation process, MQCC expanded to included the following functional roles:
- voluntary, private-sector, self-regulating organization (SRO)
- A Self-regulatory organization (SRO) is an organization that represents its members and is organized for the purpose of regulating the operations, standards of practice, and business conduct of its members and their representatives with a view to promoting the protection of investors and the public interest through the establishment of rules that promote ethics and equality.[338]
- A 2007 study, over two years after PrivateLender.org platform was brought online, a study indicated that SRO model is more efficient than a regulatory model.[339] And it appears that MQCC is the pioneer of shared economy regulation [340] , [341], [342], [343].
- voluntary, private-sector, private-regulating organization (PRO)
- Also known as a “private regulator”[344] because MQCC regulates the members of the private MQCC System-Network™ for a variety of purposes from trade by its members in non-bank, non-institutional, non-syndicated, non-regulated or regulatory exempt, free trading securities to control of protocols that govern the business between member organizations at a global scale[345].
- voluntary, private-sector, standards development organization (SDO)
- In the Age of MQCC: where the age of “social media” world converges with the age of meets “social regulation[346]”; an SDO is any organization whose main purpose is developing, coordinating or issuing mandatory or voluntary technical standards[347]; and may be a private entity[348]. In some applications, a SDO is also known as a Standards-Setting Body (SSB).
- As a private SDO, MQCC develops its own private standards for assuring long term organizational resilience for itself, its members and the customers who entrust system, technology, services and product needs to MQCC.
- voluntary, private-sector, conformity assessment body (CAB)
- A technical recognition[349] earned through competency in developing financial, token-based ISO 9001:2000, ISO 9001:2018 and ISO 9001:2015 registered Quality Management Systems; a conformity assessment body is designed to perform activities related to being “accredited to do something” or, a CAB is able to provide an attestation that an entity is competent to carry out a specific task, through a functional approach-based[350] conformity assessment activity, including but not limited to:
- Testing
- Calibration
- Inspection
- Certification of
- management systems
- Persons
- Products
- Processes
- Services
- Provision of proficiency testing
- Production of reference
- Materials
- Validation
- Verification
- A CAB may create what the International Organization for Standardization ISO, Committee on Conformity Assessment CASCO, call: conformity assessment schemes[351] described as.
- voluntary ‘self-regulation’ or commercial marketing purposes such as to improve market perception[352]
- a method of allowing industry to regulate itself as [an] alternative to formal regulation.
- voluntary, private-sector, Accreditation Authority (AA)
- To assure that member organization nodes (member node) within the MQCC Federation of Systems (MQCC FOSNET™), classified as governing nodes; and nested member organizations within systems of systems, classified as participating nodes, possess the necessary competence to carry out specific tasks.
- In its role as private Accreditation Authority, as the MQCC System-Network™ administrator (Global Network Administrator - GNA™[353]) MQCC provides attestation related to a system-network member node, conveying formal demonstration of its competence to carry out specific tasks[354] within their scope of operations, namely:
- Governance (government offices) or
- Regulatory (government, non-government, private)
- Federal banking (central banks) or
- Consumer or commercial investing-lending, or
- Regulated and unregulated credit intermediation or
- Private equity or
- Federally Regulated Financial Institutions (Banks, national or international)
- Engineering, Manufacturing, Technical Firms
- Any business function, in any industry within the MQCC System-Network™.
From “God Particle” to “God System”; MQCC Trademark Brand: GODS™ System[355]
The system MQCC created became an overarching system of control which is able to provide the Top Management or user, complete control and insight into what is happening to his or her domain (organization); in real-time; from organization “top to bottom” (T2P™[356]) and process “end to end” (E2E™[357]) [The MQCC Conformity Code™[358]: T2P E2E™[359]]. Further, the system assures that the organization conformed to statutory, regulatory and process (SRP™[360]) on a continuous basis; seeking out and mitigating nonconformity when identified, resulting in an organization that becomes “self-correcting” in nature and form.
A Governance & Operating Decentralized System" (MQCC GODSNET™[361]) deployed on a federation of systems (FOS) consisting of systems of systems (SOS) meta-network (cloud[362]) comprised of technology-neutral nodes (organizations) working within a consensus-based-rules environment so that each so that network (cloud) member (node) may interoperate with one another despite being wholly independent of one another (a high degree of heterogeneity).
This system can be summarized as follows: G-O-D-S
Government-rules integrated (statutory, regulatory)
Organization-integrated (governance, audit, operations)
Decentralized (distributed, cloud, network)
System of Systems
An overarching system of control, that meets US DOD and Canadian Defence and National Quality Management System standards. A fitting play on words; also a “God system”, because the highest-and-best use is for Top Management of an Organization to see everything that is happening in the organization with the ability for the organization to give confidence to the Top Management, that incidences of nonconformity to statutory, regulatory or process requirements will be prevented or identified and mitigated.
The system trademark brand-name for global marketing is GODS System™[363]; a common law or registered trademark of MortgageQuote Canada Corp.
Described in Schedule A as:
+Developer of the world's first (deployed in 2008) "Governance & Operating Decentralized System" (MQCC GODSNET™) deployed on a Federation of System (FOS) network (MQCC FOSNET™) interoperable with a System of Systems (MQCC SOSNET™) subordinate network. MQCC GODSNET™ is a secure, Federal Government Recognized, Canadian and USA Department of Defense-grade, National and International standards-class, easy-to-deploy, cost-efficient, technology neutral, overarching system of command, control and quality (CCQ™), designed to assure the highest level of transparent, measurable and sustainable good governance practice, effectiveness, trust and confidence within Government-Regulator-Regulatee organizations for the benefit of General Public /Constituents. The proven, 12 year old MQCC FOSNET™ helps federal, provincial and civic governments realize Canada's Federal Directive on Regulations (public policy) because it is built from the ground-up on seminal "Principles of 'BlockChain'" - first discovered by the Founder of MQCC between 2001 and 2005) - and enables independently managed Regulators (Regulatory Body) within any discipline or industry group to coexist with other independently managed Regulators (Regulatory Body) within other disciplines or industry groups; and enables all Regulators to create and manage their own respective System of Systems (SOS) Network (MQCC SOSNET™) comprised of decentralized autonomous organizations (MQCC DAO™) or Regulatees (Regulated Entities) within a rules (policy) based environment. Both the MQCC FOSNET™ and the MQCC SOSNET™ are built with National and International equivalent Quality Management System standards and incorporate best-in-sector governance industry (public administration) practice protocols allowing for all parties (Regulator and Regulatee) to function in a manner that conforms to statutory, regulatory, shareholder (government or investor) and customer (government, general public/constituent or corporate) requirements. The MQCC FOSNET™ has no central authority and each member Regulator (Regulatory Body) functions independently in accordance with their constating requirements to their shareholders, normally, a Government Ministry or Government Department. The MQCC SOSNET™ is hierarchical in nature (Regulator over Regulatee) and a customizable level of interoperability and integration to allow for regulated audit, regulated disclosure and reporting while maintaining high levels of regulated privacy, regulated anonymity and regulated autonomy. While MQCC SOSNET™ has hierarchical relationships, there is no central authority and direction, each Regulated Entity (Regulatee) has its own independent management and purpose based upon a set of applicable rules. Both MQCC FOSNET™ and MQCC SOSNET™ incorporate, measurable, consensus-based National and International Quality Management System standards (recognized in at least 119 countries), so Regulators (Regulatory Bodies) can prove to their stakeholders (Government, Shareholders, General Public, and the Regulatees whom they regulate) that they function in a manner that certifiably conforms to statutory, regulatory, process, customer and National Quality Management System requirements for its intended scope of Regulatory Operations. Obversely, Regulatees (Regulated Entities) can also prove to their respective stakeholders (Government, Shareholders, General Public/Constituents, and the Regulators who regulated them) that they, too, function in a manner that certifiably conforms to statutory, regulatory, process, customer and National Quality Management System requirements for their intended scope of Regulated Operations. Effectively, MQCC has developed a Regulator Operating System (MQCC ROSOR™) and a Regulatee Operating System (MQCC ROSEE™). When the General Public Constituents within a jurisdiction understand that both their Regulatory Bodies and Regulated Bodies function within a Regulatory Governance Framework recognized by the Federal Government to conform to their countries highest standards of Quality Management Systems - standards which transform both Regulator and Regulatee into "better, safer and more efficient" entities - the General Public/Constituents will experience the highest degree of trust and confidence in their Government's stewardship of the Regulatory Environment within their jurisdiction.
Part 1
MQCC™ Money Quality Control Organization Incorporated as MortgageQuote Canada Corp.
Head Office: 548 Rundleridge Drive NE, Calgary, Alberta, Canada T1Y 2K7
Services available to Canadians, Non-Resident Canadians, Foreign Investors and Foreign Nationals
www.mqcc.org
Email is preferred method of communication: info@mqcc.org
© 2006-2020 Copyright MQCC MortgageQuote Canada Corp. FSCO #12279. All Rights Reserved. Single user license only. Copying, networking, distribution or transmission is prohibited. An ISO 9001:2015 Registered Company.
[1] Top Management: person or group of people who directs and controls an organization (with objectives) at the highest level. ISO 9000:2015(en) Quality management systems — Fundamentals and Vocabulary; 2015-09, International Organization for Standardization (ISO).
[2] EIPD™ is a common law or registered trademark of Bungay International Inc.
[3] Her Majesty’s
[4] Distributed Ledger Technology: beyond block chain A report by the UK Government Chief Scientific Adviser; 2016. Government Office for Science; London, UK.
[5] Ibid. Page 7.
[6] Intellectual Property Utility Token: a utility token containing intellectual property.
[7] InPUT™ is a common law or registered trademark of MQCC MortgageQuote Canada Corp. .
[8] Google LLC; https://policies.google.com/terms
[9] Alphabet Inc.; abc.xyx.
[10] https://support.google.com/books/partner/answer/3309439?hl=en
[11] MQCC Age of BlockChain: ABC™ is a common law or registered trademark of Bungay International Inc.
[12] ABC™ is a common law or registered trademark of Bungay International Inc.
[13] ISO 704:2009(en) Terminology work — Principles and methods; International Organization for Standardization. Geneva, CH.
[14] United States Securities and Exchange Commission SEC®; SEC Seeking Digital Asset Experts for Visiting Scholars Program https://www.sec.gov/sec-seeking-digital-asset-experts-for-visiting-scholars-program
[15] Dictionary: adjective: comprehensive in terms of information. Source: google.com.
[16] Dictionary: noun: a work that contains information on all branches of knowledge or treats comprehensively a particular branch of knowledge usually in articles arranged alphabetically often by subject. Source: https://www.merriam-webster.com/dictionary/encyclopedia.
[17] Scholarly source: Accurate; Authoritative; Fact-based; Written for people with a desire to become experts; Current. https://onesearch.library.utoronto.ca/faq/what-counts-scholarly-source
[18] https://www.library.unsw.edu.au/study/information-resources/primary-and-secondary-sources
[19] Ibid. Page 3.
[20] United States of America (USA) Code of Federal Regulations (CFR); 48 CFR § 246.202-4 - Higher-level contract quality requirements.
[21] CAN/CSA-ISO 9001:16 Quality management systems - Requirements (Adopted ISO 9001:2015, fifth edition, 2015-09-15); CSA Group. (csagroup.org); 2016; Toronto, CA. ISO 9001:2015 Quality management systems — Requirements; 2015; International Organization for Standardization ISO (iso.org). 2015. Geneva,CH.
[22] Satoshi Nakamoto, “bitcoin”; peer-to-peer electronic cash system.
[23] Federal Acquisition Regulation (FAR). VOLUME I-PARTS 1 TO 51. 2019. United States of America, General Services Administration, Regulatory Secretariat Division (MVCB). Washington, DC
[24] Ibid. 19-6.1.
[25] MQCC Applied-Knowledge Token™ (A-KT™) are common law or registered trademarks of MortgageQuote Canada Corp.
[26] Computer language C++; the language the bitcoin experimental, alpha state program was written in.
[27] International Peer-to-Peer and Private Finance Association IP2PFA™; ip2pfa.org an initiative of MortgageQuote Canada Corp.
[28] https://www.merriam-webster.com/dictionary/specie
[29] “When the student is learned, the teacher will a peer, become.”; Anoop Bungay- September 17, 2019.
[30] A common law or registered trademark of MQCC™ Money Quality Conformity Control Organization incorporated as MortgageQuote Canada Corp. and/or Bungay International Inc.
[31] Enter the BlockChain™ is a common law or registered trademark of MortgageQuote Canada Corp.
[32] Zero One™ is a common law or registered trademark of MortgageQuote Canada Corp.
[33] For a “Principles of ‘BlockChain’”-based, commercialized peer-to-peer electronic finance system; in accordance with ISO 704:2009 (e) Terminology Work - Principles and methods; the object or phenomenon abstracted as the concept term: “distributed” is synonymous with decentralized, network, network-based, cloud, cloud-based; see: Theories, Principles, Protocols, Laws, Math and Litigation-Tested Applications of the Bungay Unification of Quantum Processes Algorithm also represented as the “Principles of ‘BlockChain’” from August 14, 2001 to Present Day. Bungay, Anoop. MQCC.org. (Unpublished).
[34] For a “Principles of ‘BlockChain’”-based, commercialized peer-to-peer electronic finance system; in accordance with ISO 704:2009 (e) Terminology Work - Principles and methods; the object or phenomenon abstracted as the concept term: “ledger” is synonymous with spreadsheet, visicalculator, sheet; see: Ibid.
[35] Ledger Zero One™ is a common law or registered trademark of MortgageQuote Canada Corp.
[36] Synonymous with Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow; Ibid. See also International Peer-to-Peer and Private Finance Association IP2PFA.org (an initiative of MQCC.org).
[37] ISO 704:2009(en) Terminology work — Principles and methods; International Organization for Standardization. Geneva, CH.
[38] International Journal of Conformity Science IJCS™. ijcs.mqcc.org
[39] Theories, Principles, Protocols, Laws, Math and Litigation-Tested Applications of the Bungay Unification of Quantum Processes Algorithm also represented as the “Principles of ‘BlockChain’” from August 14, 2001 to Present Day. Bungay, Anoop. MQCC.org. (Unpublished).
[40] https://docs.google.com/a/mortgagequote.ca/viewer?a=v&pid=sites&srcid=bW9ydGdhZ2VxdW90ZS5jYXxzcHAtc3RydWN0dXJhbC1wb2xpY2llcy1hbmQtcHJvY2VkdXJlc3xneDo1MDZhNmY2Yjg1OWIwZDRk
[41] FOSNET™ is a common law or registered trademark of MortgageQuote Canada Corp.
[42] Traceable Trust™ is a common law or registered trademark of MortgageQuote Canada Corp.
[43] Educational objectives and learning theories are concepts from the subject field of education.
[44] 0.2 Conventions and notation. ISO 704:2000(E) Terminology work - Principles and methods; International Organization for Standardization. Geneva, CH
[45] Education, Knowledge, Skills defined in ISO 10019:2005(E) Guidelines for the selection of quality management system consults and use of their services; International Organization for Standardization. Geneva, CH
[46] Competency definition: ISO IEC 20006-1 2014(E) Information technology for learning, education and training - Information model for Competency - Part 1: Competency general framework and information model; International Organization for Standardization. Geneva, CH
[47] Proficiency definition: ISO IEC 20006-1 2014(E) Information technology for learning, education and training - Information model for Competency - Part 2: Proficiency level information model; International Organization for Standardization. Geneva, CH
[48] Organization defined in ISO 9001:2015(E) Quality management systems — Requirements; International Organization for Standardization. Geneva, CH
[49] Organizational Knowledge defined in Ibid.
[50] Full members of the International Organization for Standardization (ISO).
[51] Consultant (essentially: a person giving advice or information) defined in ISO 10019:2005(E) Guidelines for the selection of quality management system consults and use of their services; International Organization for Standardization. Geneva, CH
[52] 4.2.3 Education, knowledge and skills. Defined in Ibid.
[53] 0.2 Conventions and notation. ISO 704:2000(E) Terminology work - Principles and methods; International Organization for Standardization. Geneva, CH
[54] www.mqcc.org
[55] 7.1.6 Organizational knowledge; ISO 9001:2015(E) Quality management systems — Requirements; International Organization for Standardization. Geneva, CH
[56] Objectives defined in Ibid.
[57] Page 7; Bloom, B. S.; Engelhart, M. D.; Furst, E. J.; Hill, W. H.; Krathwohl, D. R. (1956). Taxonomy of educational objectives: The classification of educational goals. Handbook I: Cognitive domain. New York: David McKay Company.
[58] Page 18; Ibid.
[59] Ibid.
[60] Hybrid Ordinated Technology™ and HOT™ are common law or registered trademarks of MortgageQuote Canada Corp.
[61] Collated Ordinated Logical Directory and COLD™ are common law or registered trademarks of MortgageQuote Canada Corp.
[62] Concept System definition in ISO 704:2009(en) Terminology work — Principles and methods; International Organization for Standardization. Geneva, CH
[63] Concept Term; definition. Ibid.
[64] A Brief History & Future of the Development of Global “Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow” Binary Digit Finance (BIT™ Brand Suite: BITFINANCE™, BITDEBT™, BITMORTGAGE®), “Principles of ‘BlockChain’" & Conformity Science: Systems, Technology, Services and Products: Before August 14, 2001 to Present Day by A. K. (Anoop) Bungay (Unpublished)
[65] The United States of America Internal Revenue Service IRS defines "Trade or Business" as: A trade or business is generally an activity carried on for a livelihood or in good faith to make a profit. The facts and circumstances of each case determine whether or not an activity is a trade or business. The regularity of activities and transactions and the production of income are important elements. You do not need to actually make a profit to be in a trade or business as long as you have a profit motive. You do need, however, to make ongoing efforts to further the interests of your business.
[66] United Nations Industry Classification (ISIC) and North American Industry Classification (NAICS) equivalent.
[67] ISO 704:2009 Terminology Work: Principles and methods; International Organization for Standardization ISO. Geneva, CH.
[68] See later sections of this authoritative encyclopedic reference.
[69] Full form or the Concept System, as a whole; ISO 704:2009 Terminology Work: Principles and methods International Organization for Standardization ISO. Geneva, CH.
[70] MQCC: What is more important: the name of an Innovation or the results of what an innovation will achieve: A Social Experiment on the World. 2019; MortgageQuote Canada Corp; WEDNESDAY, 23 JANUARY 2019. blog.mortgagequote.ca..
[71] Long Island Iced Tea Soars After Changing Its Name to Long Blockchain; 2017. Bloomberg.
[72] BlockChain in Name Only. BINO™ is a common law or registered trademark of MortgageQuote Canada Corp.
[73] Simple to Complex Marketing Paradigm™ is a common law or registered trademark of MortgageQuote Canada Corp.
[74] Market-Understandable Marketing Paradigm™ is a common law or registered trademark of MortgageQuote Canada Corp.
[75] WHOIS search on the internet for www.mortgagequote.ca.
[76] ISO 704:2009 Terminology Work: Principles and methods; International Organization for Standardization ISO. Geneva, CH
[77] World Class Quality Leadership: MortgageQuote Canada Corp. is internationally recognized as Canada's leader in quality mortgage origination. As an ISO 9001:2008 registered mortgage brokerage company, it is the only firm in Canada with a proven, internationally recognized and accepted, quality management system. This means you can expect the very highest quality mortgage service available to anyone, in Canada. At MortgageQuote Canada Corp.: "We do what we say and we say what we do".
http://web.archive.org/web/20111204064628/http://www.mortgagequote.ca:80/
[78] www.mqcc.org; http://web.archive.org/web/20180110141759/https://mqcc.org/
[79] SEC Seeking Digital Asset Experts for Visiting Scholars Program; https://www.sec.gov/sec-seeking-digital-asset-experts-for-visiting-scholars-program
[80] https://www.merriam-webster.com/dictionary/expert
[81] ISO 10019:2005 - Guidelines for the selection of quality management system consultants and use of their services; International Organization for Standardization ISO. (ISO.org)
[82] Ibid. Annex B.
[83] ISO/IEC 20006-1:2014(E) - Information technology for learning, education and training - Information model for competency; Part 1: Competency general framework and information model; International Organization for Standardization (ISO) and the International Electrotechnical Commission (IEC). Geneva, CH.
[84] ISO/IEC 20006-2:2015(E) - Information technology for learning, education and training - Information model for competency; Part 2: Proficiency level information model; International Organization for Standardization (ISO) and the International Electrotechnical Commission (IEC). Geneva, CH.
[85] See www.mqcc.org or read the International Journal of Conformity Science IJCS™ at ijcs.mqcc.org.
[86] Source: A Brief History & Future of the Development of Global “Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow” Binary Digit Finance (BIT™ Brand Suite: BITFINANCE™, BITDEBT™, BITMORTGAGE®), “Principles of ‘BlockChain’" & Conformity Science: Systems, Technology, Services and Products: Before August 14, 2001 to Present Day by A. K. (Anoop) Bungay (Unpublished).
[87] Principle of Synonymy; Page 25; ISO 704:2009(en) Terminology work — Principles and methods; International Organization for Standardization. Geneva, CH.
[88] Ibid.
[89] Creations Speak > Louder than Actions which Speak > Louder than Words™ is common law or registered trademark of MortgageQuote Canada Corp.
[90] MQCC: Tested by Lawyers; Trusted by Lawyers™ is a global, common law or registered trademark of Anoop Bungay, Bungay International Inc. or MortgageQuote Canada Corp.
[91] Bloom, B. S.; Engelhart, M. D.; Furst, E. J.; Hill, W. H.; Krathwohl, D. R. (1956). Taxonomy of educational objectives: The classification of educational goals. Handbook I: Cognitive domain. New York: David McKay Company.
[92] Norton, Robert E.; DACUM Handbook. Second Edition. Leadership Training Series No. 67. (1993). Center on Education and Training for Employment; The Ohio State University; https://files.eric.ed.gov/fulltext/ED401483.pdf
[93] Norton, Robert E.; SCID: Model for Effective Instructional Development; (1993). Center on Education and Training for Employment; The Ohio State University; https://files.eric.ed.gov/fulltext/ED359338.pdf
[94] QUOTE™ is a common law or registered trademark of MortgageQuote Canada Corp.
[95] The Law Commission (LAW COM No 325) EXPERT EVIDENCE IN CRIMINAL PROCEEDINGS IN ENGLAND AND WALES https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/229043/0829.pdf
[96] ibid.
[97] Expert Evidence in Criminal Proceedings in England and Wales HC 829 https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/229043/0829.pdf Page 59 of 222
[98] Ibid. Page 60 of 222
[99] Ibid. Page 63 of 222.
[100] Consultation Paper No 190, paras 6.10 and 6.78. The Law Commission Consultation Paper No 190 THE ADMISSIBILITY OF EXPERT EVIDENCE IN CRIMINAL PROCEEDINGS IN ENGLAND AND WALES A New Approach to the Determination of Evidentiary Reliability A Consultation Paper https://s3-eu-west-2.amazonaws.com/lawcom-prod-storage-11jsxou24uy7q/uploads/2015/03/cp190_Expert_Evidence_Consultation.pdf
[101] https://s3-eu-west-2.amazonaws.com/lawcom-prod-storage-11jsxou24uy7q/uploads/2015/03/lc325_Expert_Evidence_Report.pdf
[102] [1984] 38 SASR 45. [SUPREME COURT OF SOUTH AUSTRALIA] THE QUEEN V BONYTHON http://netk.net.au/Australia/Bonython.pdf
[103] ibid.
[104] Stubbs [2006] EWCA Crim 2312, [2006] All ER (D) 133; Leo Sawrij v North Cumbria Magistrates’ Court [2009] EWHC 2823 (Admin), [2010] 1 Cr App R 22.
[105] https://s3-eu-west-2.amazonaws.com/lawcom-prod-storage-11jsxou24uy7q/uploads/2015/03/lc325_Expert_Evidence_Report.pdf
[106] See, eg, Silverlock [1894] 2 QB 766.
[107] See R (Doughty) v Ely Magistrates’ Court [2008] EWHC 522 (Admin) at [24]: “Whether the claimant is a good expert or not is neither here nor there. The quality of his report is neither here nor there. … These matters are not a sufficient basis for having ruled the claimant to be simply not competent to give expert evidence at all.”
[108] See Robb (1991) 93 Cr App R 161, 164, where Bingham LJ said that the opinion evidence of an amateur psychologist would be inadmissible
[109] See Henderson and others [2010] EWCA Crim 1269, [2010] 2 Cr App R 24 at [207] and [208] (medical experts) and Weller [2010] EWCA Crim 1085 at [49] (experts on DNA)
[110] https://s3-eu-west-2.amazonaws.com/lawcom-prod-storage-11jsxou24uy7q/uploads/2015/03/lc325_Expert_Evidence_Report.pdf
[111] See Consultation Paper No 190, para 3.1.
[112] Dallagher [2002] EWCA Crim 1903, [2003] 1 Cr App R 12 at [29]; Luttrell [2004] EWCA Crim 1344, [2004] 2 Cr App R 31 at [37]; see also Reed [2009] EWCA Crim 2698, [2010] 1 Cr App R 23 at [111] and Broughton [2010] EWCA Crim 549 at [32].
[113] https://www.law.cornell.edu/rules/fre/rule_702
[114] https://www.uscourts.gov/sites/default/files/evidence-rules-procedure-dec2017_0.pdf
[115] https://en.wikipedia.org/wiki/Frye_standard
[116] https://www.casemine.com/judgement/us/5914a828add7b049346f82ce
[117] https://www.law.ufl.edu/_pdf/faculty/little/topic8.pdf
[118] https://www.law.cornell.edu/rules/fre/rule_702
[119] https://www.law.cornell.edu/wex/daubert_standard
[120] https://www.law.cornell.edu/supct/html/92-102.ZO.html
[121] https://www.law.cornell.edu/wex/daubert_standard
[122] Daubert v. Merrell Dow Pharmaceuticals, Inc., 509 U.S. 579 (1993); Para. 593. https://supreme.justia.com/cases/federal/us/509/579/
[123] https://www.law.cornell.edu/wex/daubert_standard
[124] https://www.perrierlaw.ca/pdfs/Criteria_for_the_Admissibility_of_Expert_Opinion_Evidence.pdf
[125] http://www.bottomlineresearch.ca/pdf/challenging_expert_evidence.pdf, Page 3 of 16. David M. Paciocco, supra, note 2, at para. 31, citing R. v. Terceira (1998), 15 C.R. (5th) 359 (O.C.A., leave to appeal to S.C.C. granted 127 C.C.C. (3d) vi
[126] BLOCKCHAIN VISUALYZER™ is a common law or registered trademark of MortgageQuote Canada Corp.
[127] https://www.law.cornell.edu/supct/html/92-102.ZO.html
[128] http://www.lawcom.gov.uk/app/uploads/2015/03/cp190_Expert_Evidence_Consultation.pdf
[129] https://www.lawcom.gov.uk/
[130] http://www.lawcom.gov.uk/app/uploads/2015/03/cp190_Expert_Evidence_Consultation.pdf. Page 35; Footnote 60.
[131] Registration to ISO 9001:2000 and beyond validated that the system worked and methodology was sound; and internal and external audits identified substantive flaws; so did nonconformity events.
[132] Daubert v. Merrell Dow Pharmaceuticals, Inc., 509 U.S. 579 (1993); Para. 593. https://supreme.justia.com/cases/federal/us/509/579/
[133] Satoshi Nakamoto; Bitcoin v0.1 released, Thu Jan 8 14:27:40 EST 2009; Metzdowd.com. https://www.metzdowd.com/pipermail/cryptography/2009-January/014994.html
[134] https://www.sec.gov/news/public-statement/statement-clayton-2017-12-11
[135] The author has no knowledge of who “Satoshi Nakamoto” is.
[136] Correctly known as the system-network for trading in non-bank, non-institutional, non-syndicated, non-regulated or regulatory exempt, free trading securities and related financial instruments; on a Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow basis.f
[137] See www.mqcc.org for proof; A Brief History & Future of the Development of Global “Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow” Binary Digit Finance (BIT™ Brand Suite: BITFINANCE™, BITDEBT™, BITMORTGAGE®), “Principles of ‘BlockChain’" & Conformity Science: Systems, Technology, Services and Products: Before August 14, 2001 to Present Day by A. K. (Anoop) Bungay (Unpublished)
[138] ibid.
[139] ibid.
[140] ibid.
[141] Title: The public papers and addresses of Franklin D. Roosevelt. Volume four, The court disapproves, 1935: with a special introduction and explanatory notes by President Roosevelt. [Book 1]
Author: Roosevelt, Franklin D. (Franklin Delano), 1882-1945. Collection: Page 337. Public Papers of the Presidents of the United States. University of Michigan. umich.edu.
[142] Ibid. Page 343.
[143] Ginsberg Jacobs LLC; UNDERSTANDING DEBT AND EQUITY
CROWDFUNDING FROM A LEGAL PERSPECTIVE, September 2014; https://crowdfundinglegalnews.files.wordpress.com/2014/09/cba-presentation-blog2.pdf
[144] Visit Private Equity Mortgage Institute PEMI™/® to learn more about the difference.
[145] United States Patent and Trademark Office USPTO; Trademark Manual of Examining Procedure
October 2018; Para. 1209.04.
[146] United States Securities and Exchange Commission SEC®: Litigation: https://www.sec.gov/litigation/admin/2008/33-8984.pdf
[147] UNITED STATES SECURITIES AND EXCHANGE COMMISSION SEC® https://www.sec.gov/Archives/edgar/data/1409970/000089161808000318/f41480orsv1.htm
[148] International Peer-to-Peer and Private Finance Association IP2PFA.org.
[149] United States Patent and Trademark Office; Paragraph 1209.01(b); https://tmep.uspto.gov/RDMS/TMEP/current#/current/TMEP-1200d1e7074.html
[150] International Organization for Standardization ISO.org.
[151] Visit www.mqcc.org or read the article Introduction to MQCC.org and Clarification of a Journalistic Descriptive Claim regarding 'the "World's First" RE: An Application of the Principles of "BlockChain" in Commerce". April 9, 2005 Free Trading Securities of a Financial & Electronic Nature, Begins, in Volume 1:Issue 1 of International Journal of Conformity Science IJCS™ at ijcs.mqcc.org.
[152] Visit www.mqcc.org to learn more.
[153] International Organization of Standardization ISO/members
[154] International Organization of Securities Commissions (IOSCO) https://www.iosco.org
[155] American National Standards Institute ANSI; Domestic Programs (American National Standards) Overview: https://www.ansi.org/standards_activities/domestic_programs/overview?menuid=3
[156] Treasury Board of Canada Secretariat
[157] Canada Department of Justice: Legistics Paragraphing https://canada.justice.gc.ca/eng/rp-pr/csj-sjc/legis-redact/legistics/p3p1.html
[158] Canada Department of Justice: https://laws-lois.justice.gc.ca/eng/acts/S-16/FullText.html
[159] https://www.canada.ca/en/treasury-board-secretariat/services/regulatory-cooperation/ canada-regulatory-cooperation-activities.html
[160] Learn about the Canadian Securities Administrators at https://www.securities-administrators.ca/
[161] Canadian Securities Administrators; A Provincial/Territorial Memorandum of Understanding Regarding Securities Regulation. Interprovincial Securities Framework - Memorandum of Understanding
[162] U.S. Securities and Exchange Commission SEC®/Speeches: The Important Role of Immigrants in Our Economy; Commissioner Luis A. Aguilar; May 18, 2013
[163] Commissioner Aguilar was careful to preamble his speech with the following disclaimer: Before I begin my remarks, let me issue the standard disclaimer that the views I express today are my own, and do not necessarily reflect the views of the U.S. Securities and Exchange Commission (“SEC” or “Commission”), my fellow Commissioners, or members of the staff.
[164] Bank for International Settlements BIS: (BIS.org) https://www.bis.org/about/member_cb.htm
[165] CAN/CSA-ISO 9001:16 Quality management systems - Requirements (Adopted ISO 9001:2015, fifth edition, 2015-09-15); CSA Group. (csagroup.org); 2016; Toronto, CA. ISO 9001:2015 Quality management systems — Requirements; 2015; International Organization for Standardization ISO (iso.org). 2015. Geneva,CH.
[166] Certified Quality Management-in-Finance Association CQMFA™ (CQMFA.org)
[167] ibid.
[168] Bank of Canada; December 2015; Financial System Review; https://www.bankofcanada.ca/wp-content/uploads/2015/12/fsr-december2015.pdf
[169] MortgageQuote Canada Corp. MQCC™ subdivision: PrivateLender.org: Canada’s Private Lending Network™: www.privatelender.org; Commencing April 9, 2005; though transactions were being done before the “PrivateLender.org™” brand was created, at www.mortgagequote.ca.
[170] Bank of Canada; December 2015; Financial System Review; Page 30; https://www.bankofcanada.ca/wp-content/uploads/2015/12/fsr-december2015.pdf
[171] Ibid.
[172] MortgageQuote Canada Corp. MQCC™ is registered in Ontario with the Financial Services Regulatory Authority of Ontario (FSRA) (fsrao.ca): License #12279.
[173] International Science Councils ISC; council.science.
[174] International Council for Scientific and Technical Information ICSTI; http://www.icsti.org/
[175] International Science Councils ISC; ICSTI Event: Blockchain for Science
https://council.science/events/icsti-webinar-blockchain-for-science
[176] One (1) International Science Council; One (1) International Organization; Seven (7) Continents; 25 Global Scientists: Prior Art Notice: the Origins of the "Principles of 'BlockChain'": Commencing on April 9, 2005 and Continuously Registered to ISO 9001 from May 9, 2008 to 2019, Onward; Volume 1:Issue 2; 2019; International Journal of Conformity Science IJCS™; ijcs.mqcc.org.
[177] ibid.
[178] Introduction to MQCC.org and Clarification of a Journalistic Descriptive Claim regarding 'the "World's First" RE: An Application of the Principles of "BlockChain" in Commerce". April 9, 2005 Free Trading Securities of a Financial & Electronic Nature, Begins; Volume 1:Issue 1; 2019; International Journal of Conformity Science IJCS™. ijcs.mqcc.org
[179] Anoop Bungay; MQCC™ Global Public BlockChain/Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow Knowledge Register of Articles & Entities (Responses); 2019. MortgageQuote Canada Corp.
[180] Top Management: person or group of people who directs and controls an organization (with objectives) at the highest level. ISO 9000:2015(en) Quality management systems — Fundamentals and Vocabulary; 2015-09, International Organization for Standardization (ISO).
[181] Organization: person or group of people that has its own functions with responsibilities, authorities and relationships to achieve its objectives (3.7.1); ISO 9000:2015(en) Quality management systems — Fundamentals and Vocabulary; 2015-09, International Organization for Standardization (ISO).
[182] On a certain date in 2018 (not disclosed to protect the party), yours sincerely met the President of a “bitcoin” company, whose founder is an Officer or Director of Candian Federally Regulated Financial Institution and when asked how they learned of the business, the person said: “the internet”. Out of respect, the next natural question: “how did you get your job?” was not asked.
[183] https://www.google.com/search?q=in+specie&rlz=1C1CHBD_enCA765CA765&oq=%22in+specie&aqs=chrome.2.69i57j0j35i39l2j0l2.5406j0j7&sourceid=chrome&ie=UTF-8
[184] Conformity Science: www.conformity.org.
[185] Top Management and Performance Challenges Facing Financial-Sector Regulatory Organizations; Page 3; July 2019; Council of Inspectors General on Financial Oversight.
[186] Complexity: United States Federal Acquisition Register, 2019.General Services Administration
Regulatory Secretariat Division (MVCB)
[187] Visit www.privatelender.org for proof.
[188] Ibid.
[189] Visit www.mqcc.org for proof.
[190] Ibid.
[191] Ibid.
[192] Ibid.
[193] Ibid.
[194] https://mqcc.org/MQCC-Countries-Global-Country-Network
[195] See www.mqcc.org for proof.
[196] See Government, Inter-Government, Regulators & Public Policy: National and International Introductions section of this book.
[197] Concepts that unify the study of science and engineering through their common application across fields: National Research Council 2012. A Framework for K-12 Science Education: Practices, Crosscutting Concepts, and Core Ideas. Washington, DC: The National Academies Press. https://doi.org/10.17226/13165
[198] ISO 9000:2015(en) Quality management systems - Fundamentals and vocabulary; 2015-09; International Organization for Standardization ISO.
[199] Annette J. Krygiel; Behind the Wizard’s Curtain; 1999. Institute for National Strategic Studies,
Washington, D.C; National Defense University and United States Department of Defense C4ISR Cooperative Research Program.
[200] DHAO™ is a common law or registered trademark of MortgageQuote Canada Corp.
[201] MQCC System-Network™ is a common law or registered trademark of MortgageQuote Canada Corp.
[202] ISO/IEC 2382:2015(en) Information technology - Vocabulary; 2015-05; International Organization for Standardization ISO and the International Electrotechnical Commission IEC
[203] https://www.govinfo.gov/content/pkg/PLAW-111publ203/html/PLAW-111publ203.htm
[204] https://www.oecd.org/tax/automatic-exchange/common-reporting-standard/
[205] https://laws-lois.justice.gc.ca/eng/acts/i-15/index.html
[206] CCQ™ is a common law or registered trademark of MortageQuote Canada Corp.
[207] Kernel: the most basic level or core of an operating system of a computer, responsible for resource allocation, file management, and security. Google.com Keyword Search
[208] MOS™ is a common law or registered trademark of MortageQuote Canada Corp.
[209] MQCC MOS™ is a common law or registered trademark of MortgageQuote Canada Corp.
[210] https://www.treasury.gov/about/organizational-structure/ig/Pages/default.aspx
[211] https://www.treasury.gov/about/organizational-structure/ig/Pages/Council-of-Inspectors- General-on-Financial-Oversight.aspx
[212] https://www.treasury.gov/about/organizational-structure/ig/Audit%20Reports%20and%20Testimonies/ CIGFO%20TMPC%20Final%20Report%202019.pub.pdf
[213] Standards Council of Canada: https://www.scc.ca/en/about-scc/what-we-do
[214] CYBERLOCKCHAIN™ is a common law or registered trademark of MortgageQuote Canada Corp.
[215] US National Institute of Science and Technology (www.nist.gov)
[216] See ICANN Whois database.
[217] ibid,
[218] See the International Science Council webinar re: “BlockChain”. Blockchain is the technology behind Bitcoin and offers a peer-2-peer network for Trust that potentially can disintermediate traditional brokering authorities like banks, notaries, perhaps even publishers? https://council.science/events/icsti-webinar-blockchain-for-science
[219] ISO/IEC 2382:2015(en) Information technology - Vocabulary; 2015:05; International Organization for Standardization (ISO) and the International Electrotechnical Commission (IEC). Genevia, CH.
[220] ISO/IEC 2382-25:1992 INFORMATION TECHNOLOGY -- VOCABULARY -- PART 25: LOCAL AREA NETWORKS; 1992-04; International Organization for Standardization (ISO) and the International Electrotechnical Commission (IEC). Geneva, CH.
[221] Private Equity Mortgage Institute PEMI® www.pemi.org.
[222] Ibid.
[223] Privatelender.org: Canada’s (Global) Private Lending Network™/®. www.privatelender.org.
[224] Privatelender.org: Canada’s (Global) Private Lending Network™/®. www.privatelender.org.
[225] www.bitmortgage.com and MQCC.org.
[226] Learn more at CQMFA™ Certified Quality Management-in-Finance Association (www.cqmfa.org)
[227] International Organization for Standardization ISO.
[228] Anoop Bungay; MQCC™ Global Public BlockChain/Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow Knowledge Register of Articles & Entities (Responses); 2019. MortgageQuote Canada Corp.
[229] ISO 704:2009(en) Terminology work — Principles and methods; International Organization for Standardization.
[230] During a training session, it was discovered that one legal professional was flagged by their law society as not being licensed; which was subsequently confirmed in writing by the law society.
[231] For Higher-level contract quality requirements; Federal Acquisition Register, 2019.
[232] Para. 1209.01(b); Trademark Manual of Examining Procedure October 2018; United States Patent and Trademark Office.
[233] MOS™: a common law or registered trademark of MortageQuote Canada Corp.
[234] https://www.hubinternational.com/en-CA/products/business-insurance/errors-and-omissions/
[235] PEMX™/® is a common law or registered trademark of Anoop Kumar Bungay and/or Bungay International Inc.
[236] Federal Acquisition Regulation (FAR). VOLUME I-PARTS 1 TO 51. 2019. United States of America, General Services Administration, Regulatory Secretariat Division (MVCB). Washington, DC
[237] https://www.census.gov/cgi-bin/sssd/naics/naicsrch?chart=2017
[238] MOS™ is common law or registered trademark of MortgageQuote Canada Corp.
[239] MQCC Token™ is the world’s first commercial-use Peer-to-Peer (P2P) electronic utility token; and the world’s first utility token with an inherent sub-protocol that allows for the represented entity to prove conformity to a Quality Management System Standard (Proof of Quality; POQ™) - more on all of this later in this book.
[240] Satoshi Nakamoto; Bitcoin v0.1 released, Thu Jan 8 14:27:40 EST 2009; Metzdowd.com. https://www.metzdowd.com/pipermail/cryptography/2009-January/014994.html
[241] https://bitcointalk.org/?topic=6017.0
[242] https://bitcointalk.org/index.php?topic=47417.msg564414#msg564414
[243] https://bitcointalk.org/index.php?topic=428589.0
[244] At the Metzger-Dowd Cryptographic Mailing list; A Peer to Peer Electronic Cash System; October 2008. https://www.metzdowd.com/mailman/listinfo/cryptography
[245] Satoshi Nakamoto; Bitcoin v0.1 released, Thu Jan 8 14:27:40 EST 2009; Metzdowd.com. https://www.metzdowd.com/pipermail/cryptography/2009-January/014994.html
[246] Ibid.
[247] PROFESSIONAL BLOCKCHAINEER™ is a common law or registered trademark of Bungay International Inc.
[248] Vitalik Buterin, The Wasted Electricity Objection to Bitcoin; Bitcoin Magazine; February 28, 2012. https://bitcoinmagazine.com/articles/the-wasted-electricity-objection-to-bitcoin-1330409176
[249] Peter Fairley, Ethereum Plans to Cut Its Absurd Energy Consumption by 99 Percent; IEEE.org; 02 Jan 2019 https://spectrum.ieee.org/computing/networks/ethereum-plans-to-cut-its-absurd-energy-consumption-by-99-percent
[250] Satoshi Nakamoto; Bitcoin v0.1 released, Thu Jan 8 14:27:40 EST 2009; Metzdowd.com. https://www.metzdowd.com/pipermail/cryptography/2009-January/014994.html
[251] Satoshi Nakamoto; Bitcoin P2P e-cash paper, Jan 8 14:27:40 EST 2009; Metzdowd.com. https://www.metzdowd.com/pipermail/cryptography/2008-October/014810.html
[252] ISO 704:2009(E) Terminology work - Principles and methods; International Organization of Standards.
[253] SOT™: A common law or registered trademark of Bungay International Inc.
[254] When time permits, an updated version will be created and published but there is enough information in this first version to keep most interested persons busy.
[255] This is not supposed to be the "main textbook"; sorry.
[256] Top Management: person or group of people who directs and controls an organization (with objectives) at the highest level. ISO 9000:2015(en) Quality management systems — Fundamentals and Vocabulary; 2015-09, International Organization for Standardization (ISO).
[257] This is not supposed to be the "main textbook"; sorry.
[258] Distributed Ledger Technology: beyond block chain; A report by the UK Government Chief Scientific Adviser; January 2016. Government Office for Science.
[259] ISO 704:2009 (E); Terminology work — Principles and methods; International Organization for Standardization (ISO).
[260] Annette J. Krygiel; Behind the Wizard’s Curtain; 1999. Institute for National Strategic Studies,
Washington, D.C; National Defense University and United States Department of Defense C4ISR Cooperative Research Program.
[261]Public Safety Canada; Fundamentals of Cyber Security for Canada’s CI Community; 2016. Her Majesty the Queen in Right of Canada, 2016
[262] http://www.formsofaddress.info/Knight.html
[263] Ibid. Page 5.
[264] “Organizational Quantizing” and “Process Quantizing” is a concept and unit of knowledge of “Conformity Science”.
[265] This is not supposed to be the "main textbook"; sorry.
[266] MOS™ is common law or registered trademark of MortgageQuote Canada Corp.
[267] Top-to-Bottom and End-to-End concept is referred to by its MortgageQuote Canada Corp./Bungay International Inc. distinctive common law or registered trademark brand name: T2B E2E™ and The Conformity Code™.
[268] The term for this concept is OSA™ Protocol; a common law or registered trademark of Bungay International Inc.
[269] CAN/CSA-ISO 9001-00 (R2005); Quality Management Systems - Requirements (Adopted ISO 9001:2000, third edition, 2000-12-15); CSA Group.
[270] ISO 9001:2000 Quality Management Systems - Requirements; 2000-12; International Organization for Standardization (ISO).
[271] About Us: A non-governmental organization with a unique global membership that brings together 40 international scientific Unions and Associations and over 140 national and regional scientific organizations including Academies and Research Councils Council.Science
[272] International Journal of Conformity Science IJCS™; Issue 2; August 2019; Article 2. ijcs.mqcc.org.
[273] “Functional” definition: capable of effectively servicing the purpose for which it was designed. ISO 6966-1:2005(en) Aircraft ground equipment — Basic requirements — Part 1: General design requirements;
[274] ISO 1087-1:2000 (EF) Terminology work - Vocabulary - Part 1 - Theory and application
[275] TRUTH TOKENS™ are a common law or registered trademark of MortgageQuote Canada Corp.
[276] Some synonymous terms are not disclosed for intellectual property (patent rights; trademark rights) or other reasons.
[277] ISO 704:2009(E) Terminology work - Principles and methods; International Organization of Standards.
[278] ibid.
[279] ISO 1087-1:2000 (EF) Terminology work - Vocabulary - Part 1 - Theory and application.
[280] Introduction to MQCC.org and Clarification of a Journalistic Descriptive Claim regarding 'the "World's First" RE: An Application of the Principles of "BlockChain" in Commerce". April 9, 2005 Free Trading Securities of a Financial & Electronic Nature, Begins; International Journal of Conformity Science. 2019-Month:July-Volume:1- Issue:1. ISBN: 978-1-9991884-2-9.
[281] ISO 704:2009(E) Terminology work - Principles and methods; International Organization of Standards ISO.
[282] ISO 9001:2015(en) Quality management systems — Requirements; International Organization of Standards ISO.
[283] ISO 704:2009(en) Terminology work — Principles and methods; International Organization for Standardization. Geneva, CH.
[284] Trademark of Bungay International Inc. Bungay T2B E2E™ Protocol Code
[285] See Metzdowd Cryptographic Mailing list where “Satoshi Nakomoto explains that the executable program is created in C++.
[286] Zero to One is a trademark of Bungay International Inc.
[287] Science in the Making: Charles Darwin. People. The Royal Society; https://makingscience.royalsociety.org/s/rs/people/fst00029136
[288] Kevin N. Laland, Tobias Uller , Marcus W. Feldman , Kim Sterelny , Gerd B. Müller , Armin Moczek , Eva Jablonka and John Odling-Smee; The extended evolutionary synthesis: its structure, assumptions and predictions. The Royal Publishing Society. 2015. https://doi.org/10.1098/rspb.2015.1019
[289] Lakatos I. 1978The methodology of scientific research programmes. Cambridge, UK: Cambridge University Press; Fleck L. 1979The genesis and development of a scientific fact. Chicago, IL: Chicago University Press; Kuhn TS. 1962 The structure of scientific revolutions. Chicago, IL: Chicago University Press.
[290] An object is defined as anything perceived or conceived. ISO 704:2009 TERMINOLOGY WORK -- PRINCIPLES AND METHODS; International Organization for Standardization ISO.org. 2009-11.
[291] Factual Approach: (factual approach to decision making) ensures administrative decisions based on clearly understood facts and not on convenient speculation. To this end, information and wisdom are combined with analysis, logical thinking, and the scientific approach. One of nine Quality Management Principles; ISO/IWA 2:2007(en); Quality management systems — Guidelines for the application of ISO 9001:2000 in education. International Organization for Standardization. https://www.iso.org/obp/ui/#iso:std:iso:iwa:2:ed-2:v1:en
[292] Methodology of a Process Approach: the methodology known as “Plan-Do-Check-Act” (PDCA) can be applied to all processes. ISO 9001:2008 Quality management systems – Requirements; International Organization for Standardization; 2018-11.
[293] MQCC: the Convergence of Functionality resulting in Trust. www.mqcc.org.
[294] Public Statement on Cryptocurrencies and Initial Coin Offerings; Chairman Jay Clayton; United States Securities and Exchange Commission; Dec. 11, 2017.
[295] CCQ is a common law or registered trademark of MortgageQuote Canada Corp.
[296] Bungay, Anoop. 2019. One (1) International Science Council; One (1) International Organization; Seven (7) Continents; 25 Global Scientists: Prior Art Notice: the Origins of the "Principles of 'BlockChain'": Commencing on April 9, 2005 and Continuously Registered to ISO 9001 from May 9, 2008 to 2019, Onward. International Journal of Conformity Science IJCS™. Volume 1, Issue 2 (August 2019) 15-59. MQCC.org.
[297] The Bungay Unification of Quantum Processes Algorithm "main textbook" (the “Principles of ‘BlockChain’” "main textbook") will be published one day.
[298] https://hbr.org/guidelines-for-authors
[299] ibid.
[300] ibid.
[301] Kotha, R., P. H. Kim and O. Alexy. 2014. Turn your science into a business. Harvard Business Review (November): 106-114.
[302] Pisano, Gary P. "The Hard Truth About Innovative Cultures." Harvard Business Review 97, no. 1 (January–February 2019): 62–71.[Harvard_Business_Review]_Harvard_Business_Review_(z-lib.org).pdf
[303] Walmart; Annual Report; 2019. https://s2.q4cdn.com/056532643/files/doc_financials/2019/annual/Walmart-2019-AR-Final.pdf
[304] “Sleep Well at Night™ is a trademark of MortgageQuote Canada Corp.
[305] ISO 704:2009(en) Terminology work — Principles and methods; International Organization for Standardization. Geneva, CH.
[306] International Journal of Conformity Science IJCS™; MQCC.org; ijcs.mqcc.org.
[307] ISO 704:2009(en) Terminology work — Principles and methods; International Organization for Standardization. Geneva, CH.
[308] ibid.
[309] See President of MQCC for details of litigation (which is sealed due to settlement).
[311] MQCC Definition of the Functional Structures of the Global Economy; Anoop Bungay; https://mqcc.org/A-Message-to-You-Consumer-Industry-Government/
[312]The fifth branch: Science advisers as policymakers, by Sheila Jasanoff. Cambridge, MA: Harvard University Press, 1990, 302 pp.
[313] International Journal of Conformity Science IJCS™; MQCC.org; ijcs.mqcc.org.
[314] In USA: American National Standards Institute (ANSI). ansi.org.
[315] International Organization for Standardization ISO. iso.org.
[316] The “Higher-Level” standard MQCC functions at, is the standard established by The Department of Defense (DoD), GSA, and the National Aeronautics and Space Administration (NASA) jointly issue the Federal Acquisition Regulation (FAR). VOLUME I-PARTS 1 TO 51. 2019. United States of America, General Services Administration, Regulatory Secretariat Division (MVCB). Washington, DC; for use by executive agencies in acquiring goods and services. Namely, 46.202-4 Higher-level contract quality requirements. Visit acquisition.gov.
[317] United Nations Industry Classifications (ISIS) and global equivalents, including the NAICS North American Industry Classification.
[318] https://www.iso.org/obp/ui/#iso:std:iso:9000:ed-4:v1:en
[319] Whois Domain History Lookup: www.privatelender.org.
[320] United States Patent and Trademark Office: http://tsdr.uspto.gov/documentviewer?caseId=sn78740365&docId=OOA20061117155504#docIndex=8&page=14
[321]International Peer-to-Peer (P2P) & Private Finance Association (www.ip2pfa.org); a Bungay International Inc. and MQCC initiative.
[322] PrivateLender.org: Canada’s Private Lending Network®.
[323] Visit www.mqcc.org or Contact MQCC Top Management team to learn more.
[324] At the Metzger-Dowd Cryptographic Mailing list; https://www.metzdowd.com/mailman/listinfo/cryptography
[325] ibid.
[326] The actual scalar difference is more however the minimum average is 1/1000th.
[327] Visit www.mqcc.org to learn more.
[328] Technically described using the “working title”: Bungay Unification of Quantum Processes Algorithm.
[329] MQCC Global Country (Decentralized) Network: https://mqcc.org/MQCC-Countries-Global-Country-Network
[330] National Institute of Standards and Technology www.nist.gov
[331] Contact MQCC.org Top Management team for consultation engagement.
[332] William Hinman Director, Division of Corporation Finance; United States Securities and Exchange Commission; Remarks: June 14, 2008.
[333] BIISYN™ is a common law or registered trademark of MortgageQuote Canada Corp.
[334] MQCC Overarching System of Quality, Conformity, Command & Control™ is a common law or registered trademark of MortgageQuote Canada Corp.
[335] Archangel™ is a common law or registered trademark of MortgageQuote Canada Corp.
[336] US TMEP Trademark Manual of Examining Procedure October 2018; 1201.03(c) Common Stockholders, Directors, or Officers; United States Patent and Trademark Office. Alexandria , VA.
[337] Annex 2 - Conformity assessment - Conformity assessment schemes; 05-Nov-2014; Page 1. International Organization for Standardization ISO; COMMITTEE ON CONFORMITY ASSESSMENT (CASCO)
[338] Alberta Securities Commission; Registrant and Market Regulation; Self-Regulatory Organizations. www.albertasecurities.com.
[339] Grajzl, Peter; Murrell, Peter; "Allocating lawmaking powers:
Self-regulation vs government regulation" (2007). Journal of Comparative Economics 35 (2007) 520–545. https://doi.org/10.1016/j.jce.2007.01.001
[340] Scott, Colin. "Private Regulation of the Public Sector: A Neglected Facet of Contemporary Governance." Journal of Law and Society 29, no. 1 (2002): 56-76. http://www.jstor.org/stable/4489081.
[341] Vanessa Katz, Regulating the Sharing Economy, 30 Berkeley Tech. L.J. 1067 (2015). https://doi.org/10.15779/Z38HG45
[342] Ranchordas, Sofia, Public Values, Private Regulators: Between Regulation and Reputation in the Sharing Economy (September 20, 2018). 13 Law & Ethics of Human Rights (2019, Forthcoming); University of Groningen Faculty of Law Research Paper No. 27/2018. Available at SSRN: https://ssrn.com/abstract=3252524
[343]Ranchordas, Sofia, Online Reputation and the Regulation of Information Asymmetries in the Platform
Economy (September 20, 2018). Critical Analysis of Law 5:1 (2018) ISSN 2291-9732
[344] Wang, Yong; Feng, Hua; Liu, Hang; Rong, Ke, "Platform Governance in the Platform Economy:
Interplay between Public and Private Regulators" (2017). Academy of Management Annual Meeting Proceedings. DOI: 10.5465/AMBPP.2017.13219abstract
[345] Verbruggen, Paul and Havinga, Tetty, "The Rise of Transnational Private Meta-Regulators" (2014). Osgoode Legal Studies Research Paper Series. 5. http://digitalcommons.osgoode.yorku.ca/olsrps/5
[346] The importance of the participatory processes involving public and private actors at various levels ('social regulation'), including the standard-setting practices that provide essential voluntary agreements supporting the dissemination of knowledge, best practices and monitoring tools. EDUCATION ABOUT STANDARDS; International Organization for Standardization ISO https://www.iso.org/education-about-standards.html
[347] Glossary; International Organization for Standardization ISO; www.iso.org.
[348] THE ABC’s OF STANDARDS ACTIVITIES, August 2019; Page 11. Maureen A. Breitenberg, Standards Services Division, Technology Services, National Institute of Standards and Technology NIST; Gaithersburg, MD
[349] Conformity Assessment Tools to Support Public Policy; Recognition of Conformity Assessment bodies International Organization for Standardization ISO; COMMITTEE ON CONFORMITY ASSESSMENT (CASCO)
[350] Selection; determination; review and attestation; surveillance (not in all cases).Annex 1 - Conformity assessment - Functional approach; Draft 1; 03/04/2014; Page 1. International Organization for Standardization ISO; COMMITTEE ON CONFORMITY ASSESSMENT (CASCO)
[351] Annex 2 - Conformity assessment - Conformity assessment schemes; 05-Nov-2014; Page 1. International Organization for Standardization ISO; COMMITTEE ON CONFORMITY ASSESSMENT (CASCO)
[352] Ibid.
[353] GNA™ is a common law or registered trademark of MortgageQuote Canada Corp.
[354] Annex 3 - Conformity assessment techniques - Accreditation; Draft 1, 22-02-2014; International Organization for Standardization ISO; COMMITTEE ON CONFORMITY ASSESSMENT (CASCO).
[355] GODS™ is a common law or registered trademark of MortgageQuote Canada Corp.
[356] T2P™ is a common law or registered trademark of MortgageQuote Canada Corp.
[357] E2E™ is a common law or registered trademark of MortgageQuote Canada Corp.
[358] Conformity Code™ is a common law or registered trademark of MortgageQuote Canada Corp.
[359] T2P E2E™ is a common law or registered trademark of MortgageQuote Canada Corp.
[360] SRP™ is a common law or registered trademark of MortgageQuote Canada Corp.
[361] GODSNET™ is a common law or registered trademark of MortgageQuote Canada Corp.
[362] For those who do not know, “cloud” is a term-of-art that means “network”.
[363] GODS System if a common law or registered trademark of MortgageQuote Canada Corp.