Hello Team,
As your read the below email, please take a moment to remember what you were doing between 2001 and April 9, 2005. This time phase matters.
CLAIM
Some of you are journalists, some are academics (scholars), others are employees of corporations in public relations, or simply employees of companies. My name is Anoop Bungay and when you choose to visit
www.mqcc.org and scour the website (not by electronic means, but as a human), you will discover that the first application of the "principles of 'BlockChain'" in commerce was for a multi-discipline computer application developed to assure a continuous state of statutory, regulatory and process (SRP™) conformity [yes, a convergence of the boring functions of "governance", "law" and "operations"] of digital and non-digital, real estate-secured and non-real estate-secured,
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; starting at least as early as April 9, 2005, at the website:
www.privatelender.org. Generically, you would refer to these "peer-to-peer" financial instruments as: "peer-to-peer mortgages", "P2P loan notes", "crypto-hypothecation", "private deed notes", "digital escrow instruments", "e-mortgages", "i-loans' [or any combination of related terminology].
PrivateLender.org (presently operated by MQCC.org) was (and remains today) a "peer-to-peer electronic finance system", for trading in "digital and non-digital mortgages", with "no trusted third party". That is to say, an entity (person or organization) may go to the MQCC™
privatelender.org website [or download a program to connect to the MQCC network (electronic finance system); or use the MQCC BlockChain Server™ Zero One™ brand of server appliance] and apply to borrow money from [or apply to invest in; lend money to] an other entity (person or organization), without - depending on the jurisdiction - a third party involved; namely, a regulator, bank, lawyer, licensed or unlicensed mortgage/loan broker, appraiser or title insurance/escrow company (and related parties). The MQCC™ "peer-to-peer electronic finance system" with in-built validation controls, tokenization protocols and cryptographic algorithms, removed the need for a "third party" and the system itself, becomes a "trusted first party" to the transaction to both peers, until the point an exchange is made (offer and acceptance) by the two peers. A true, "trusted, frictionless" trading environment.
The journalists and academics among you will appreciate that the technically correct phrase for a "peer to peer electronic finance system" - based upon the principles of "ontology" - is: a binary digit (electronic) finance system to effect 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 by and between 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. There are some exceptions, for example: quality-minded Private Banking, Wealth Management customers of some major international banks and trust companies [which are classified as "institutions"] integrate with the MQCC™ "peer to peer electronic finance system".
PROOF
When looking at the April 9, 2005 to determine a "prior use" claim, (which you can personally confirm by a visit to the Internet Corporation for Assigned Names and Numbers "whois" website), you will immediately notice that the MQCC™ "peer-to-peer electronic finance system" being described to you (
www.privatelender.org), was commercialized approximately four (4) years before our friend, Satoshi Nakamoto introduced the idea of a peer to peer electronic digital currency, generically named "bitcoin", to Perry Metzger and his members of the "cryptography" mailing list on Friday, October 31 at 14:10:00 EDT in 2008, in the form of a document entitled: Bitcoin: A Peer-to-Peer Electronic Cash System.
SUPPORTING INFORMATION
Over the course of the past 19 years (2001 to January 2019) much has been accomplished, but more work is on the way. For example:
(a) Some of the the financial products, related services, standards, systems and technology that are created or offered by MQCC™ are internationally marketed by the trademark registered brand of "BITMORTGAGE®. The BITMORTGAGE® trademark is registered in USA and Canada; and globally protected pursuant to the Madrid Protocol international treaty.
(b) The overarching system of control - which itself is built from the ground up on the basis of the "BlockChain principles" - and oversees all aspects of the MQCC™ operations, including (but not limited to)
- financial instruments
- systems
- technology
- products
- services
first earned registration to the globally respected and trusted, rigorously technical, national and international Quality Management System standard ISO 9001:2000 (of the ISO 9000 family of standards, published by the International Organization for Standardization based in Switzerland) on May 9, 2008. Importantly, this date of registration predates the appearance of both Satoshi Nakamoto and bitcoin by five (5) months.
(c) As of yesterday, January 21, 2019, the non-bank, non-institutional, non-syndicated, non-regulated or regulatory exempt and free trading; also known as the Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow "system" developed by your's sincerely, celebrates over 19 years of research, discovery, development, commercialization, national and international standardization, litigation testing, regulatory audit and regulatory recognition. To establish a local connection with you, you will appreciate that system developed by your's sincerely meets the national and international Standards of 119 counties, including those in which each of you live.
(d) As explained to most major dictionaries and the United States National Academies of Sciences, Engineering, and Medicine; Committee on Science, Technology, and Law: the scientific process which achieves the goal that the moniker "BlockChain" is normally attributed to; namely, prevention of double spending --- [by the way prevention of "double lending" was "the original 'peer-to-peer electronic finance system' problem", going back to pre-2005] --- is best described by it's principles, coined by yours sincerely as "MQCC™ [Money, Quality, Conformity, Control] Blockchain Principles"; a trademark definition developed on the basis of "Scientific Research", "Observation", "Ontological", "Linguistic" and "Lexicographic" principles, with original research and development commencing at least as early as August 2001.
MQCC™ BlockChain Principles:
(The technical title is the "Bungay Unification of Quantum Processes Algorithm"; each quantum process is a "block" and the unification of each block, creates a "chain").
/m/ /q/ /c/ /c/ /'blɒktʃeɪn/ /ˈprɪn.sə.pəlz/
Definition
A controlled process of recorded, cumulative, sequential, verifiable, cross-platform, cascading workflows.
IMPLICATION TO YOU
You are receiving this email because of a "google" search yesterday morning for "world's first BlockChain mortgage" and results associated with your name appeared (at least most of you; some of you are receiving this email because of your interest in the subject matter). To be clear: some of you are interested in "mortgages" and "BlockChain finance" and others are heralding a "world's first" in relation to "mortgages, or financing, or underwriting, or valuation, or related matter"; and still others are simply providing commentary on matters related to "BlockChain" based "things".
- As journalists or academics (or as an interested individual) when making a descriptive claim of the "world's first" for any article related to "BlockChain" and, or "mortgages" [or the topics noted below] please consider MQCC (and the originating company: Bungay International Inc.) and your's sincerely pursuant to the contents of this email including the "Claims", "Proof", "Supporting Information", and "Implications".
- As a point of reference, you can use April 9, 2005 as the "prior use" date because that is the date that "www.privatelender.org was activated online.
- If you have any questions about the claims in this email to you, feel free to do an internet search and independent research; then ask me whatever your public search cannot provide an answer to. I will answer as best as possible.
- If you are individually or collectively wondering "who is this guy and why have I not heard of him before?", Well, as a friend reminded me: "'crypto' means private or secret. Your system from day one was a crypto (private) system. So......what part of secret are you struggling with?"
- And yes, while MQCC™ and your's sincerely is a "secret in plain sight" and while the MQCC™ BlockChain System may be equally applied to both the "public sector" and "private sector" organizations, the "highest and best use" for the application of "BlockChain" is to effect "conformity" and assure integrated levels of "transparency, accountability, efficiency, immutability, trust, quality and end-user satisfaction" for complex or critical governing or regulatory systems, at a global scale. So most of my time is spent - apart from running MQCC's financial business operations - finding and introducing myself to government, legislators, regulators (securities and non-securities) and the lawyers employed by them. Let's not forget: development work, system improvement and responding to inquiries of a commercial or investment nature.
- Additionally, the "discovery" of the principles of "BlockChain" led to the creation of a new field of study: conformity science. Visit www.conformity.org to learn more. As a field of study, some underlying scientific and mathematic principles have already been observed, documented and tested (and commercialized); but as with all things related to "knowledge", there are improvements to the ontology almost every day.
- The practical reality is, while the "global zeitgeist" (collective spirit) is only recently coming to recognize the implications of the "principles of BlockChain", comprehension is not yet there, but will eventually follow. As with all "great" discovery's the principles are pretty simple to understand. For example, one problem with being human is that people tend to make sense of broad or complex ideas on the basis of a single word; ie: "BlockChain". When your's sincerely was introducing the "benefits" MQCC™ System to Government ministers and senior management of banking, central banking, financial and legal institutions, there were was a delta between comprehension and understanding. The moment your's sincerely introduced the term "BlockChain" to the conversation, then an "understanding of benefits" came into focus.
- Why did academics and journalists overlook your's sincerely, PrivateLender.org, Bungay International Inc. and MQCC.org? Scholarly unfamiliarity and subsequent misunderstanding of the underlying scientific (conformity science) and mathematic principles, including the ontology; and unfamiliarity with the principle of synonymity in relation to the interchangeable terms: Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow.
- Why not patent? As an intellectual property lawyer advised, a patent application would show the world what was done and how it was done. As a private, for-profit entity, there was no reason to "disclose" any intellectual property any time soon. Patent's will come "down the road" once MQCC™ finds a trustworthy, long-term financial or capital partner; or customer that can implement the MQCC™ systems and technology in accordance to "highest and best use" principle.
- This leads you to the "Bungay BlockChain Intellectual Property Disclosure Dilemma"; how did I (Anoop Bungay) "prove" a system whose "engine/kernel/core/architecture/algorithms" is not publicly disclosed, so that a person (or organization) with "ordinary skill in the art" would not be able to "copy" it for their personal or organization's financial gain? Enter the International Organization for Standardization. Registering the MQCC™ System to an internationally consensus-based Quality Management System, namely ISO 9001:2000, and it's subsequent standards (ISO 9001:2008 and ISO 9001 2015) your's sincerely achieved indisputable 'proof positive' of a "proven system" and a "trusted system". As a Canadian federal Crown corporation states: "better, safer & more efficient".
- While the "world" is fixated on "the distributed ledger"; the "distributed ledger" is only one aspect of the overall conformity science, "principles of 'BlockChain'", related ontology, business methods, techniques and technology and intellectual property.
OUTCOME
The goal today is to simply introduce the above facts, claims, comments, which the journalists among you can verify; either informally, or formally, in accordance with internationally recognized journalistic principles, standards and practice, referred to below (International Federation of Journalists - IFJ, American Press Association, World Journalism Education Council - WJEC) - so that when the term "World's First" is applied to some or all of the following topics:
- real estate secured binary digital financial instruments (mortgages)
- non-real estate secured binary digital financial instruments (loans)
- the "principles of BlockChain"
- matters related to 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.
- matters related to non-bank, non-institutional, non-syndicated, non-regulated or regulatory exempt and free trading entities; also known as Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow entities.
- "BlockChain quality management system"
- "BlockChain conformity management system"
- integrated, digitized, validated, irrevocable, contractual utility tokens
- "immediate benefit" BlockChain systems and technology
- hybrid regulated and self-regulated BlockChain systems
- this is not a complete list. [A visit to the MQCC.org website is a good start, and will give you an idea of the environment/ecosystem that the "principles of BlockChain" built, over the past 19 years. The website for Private Equity Mortgage Institute PEMI® (www.peminstitute.org) is also a good example of how a mature BlockChain principle's-based industry group, functions.]
you are considering the commercially available systems and technology of your's sincerely, MQCC.org and it's various products and services, whose provenance dates back to at least as early as before April 9, 2005. Going forward, if you are looking to provide future distinction on "who" did "what" first; please see below for a partial list of MQCC's "World's First's" - found at
www.mqcc.org. (this list is always being improved).
CONCLUDING POINTS
Anyhow, it's been 2 days to get all of your emails and write this letter, edit and re-edit. To be frank, I am at the "point of diminishing returns"; this email, although not perfect, will have to do. As explained earlier, feel free to email any questions you might have and I will respond, if possible; but please note, while you may have questions, "the body of work" written by me on the websites and found on the internet, speaks for itself.
Final points: Why yesterday/today? Over the past 19 years, there was a fine balance between "too much disclosure" and not enough. I have taken a conservative approach but today feels right. Why you? Would you have preferred that I reach out to someone else or a different organization? If so, please accept my apology and send me that person's or organization's contact information - if you are able.
