Billions of world citizens entrust their quality of life to hundreds of leaders whose Nation-States are members of the United Nations General Assembly. Collectively, the heads of these United Nations Generally Assembly members lead thousands of elected officials, appointed officials, policy makers, regulatory bodies and enforcement officials to make sure that their respective citizens enjoy a good quality of life and are not exposed to unnecessary risk.
At least as early as April 9, 2005, the world's first peer-to-peer electronic cash system was created by Santosh Bungay, for the creation of PrivateLender.org (www.privatelender.org); a rudimentary service built on a global computer network, programmed in classical computer programming paradigm programming language known as C++. By 2008, the underlying system was transformed by A. K. (Anoop) Bungay from a commercialized classical computer based process to a commercialized quantum computer based process by applying principles, concepts and core methods of non-novel (exact) conformity science.
The generic name for the goods and services that allow for the cash to transfer from one person to another is known as a conformity science-based management system and, when used-in-commerce, is known by a family of world famous marks; source identifier trademark brand names, including:
BUNGAY INTERNATIONAL TECHNOLOGY CONFORMITY OF ORGANIZATION AND INDIVIDUAL NETWORK: BITCOIN™; BITCOIN™ brand of conformity science-based applications.
BUNGAY INTERNATIONAL TECHNOLOGY CONFORMITY OF ORGANIZATION AND INDIVIDUAL NETWORK MORTGAGE: BITMORTGAGE™; BITMORTGAGE® brand of finance.
BUNGAY LOGIC AND ORDER CONFORMITY KERNEL; CYBER/NON-CYBER HARMONIZED ARTIFICIAL/NON-ARTIFICIAL INTELLIGENT NETWORK: BLOCKCHAIN™; BLOCKCHAIN™ brand of conformity science-based applications.
The process of operating a peer-to-peer electronic cash system is requires specialized education that takes at least 4 years for a "Bachelor" level of education from an accredited or ACCREDITED CLASS® educational institution; and an additional 2-3 years for a "Master" level of education and an additional 2-4 years for a "Doctorate" and more years for ongoing research.
The underlying commercial system is classified as an EXPERT SYSTEM and follows a prescribed implementation and must be used as directed.
Between at least as early as 2018 and 2022, virtually all leading linguists, lexicographers, dictionary publishers and laypersons world-wide, have an incomplete understanding of "what is correct and proper BITCOIN™ brand and BLOCKCHAIN™ brand goods and services 'are' and 'do'. This misunderstanding is perpetuated by the linguists.
When asked about this misunderstanding, some lexicographers stated that "we only follow what the people say". The reality is, that people once thought asbestos was safe; and people once thought lead gas was safe. The people can be wrong.
In the case of genericized and improper forms of "BLOCKCHAIN™", BITCOIN™ (also known as 'crypto'); millions of mainstreet consumers and mainstreet investors are losing their shirts (ie: money $$$) by being exposed to investments and projects that are experimental in nature and do not conform to the originating standards established by Anoop Bungay; standards that are recognized in part by 118+ countries because the world's Original Authentic Originating™ OAO™ BLOCKCHAIN™ and BITCOIN™ system have been continuously registered to ISO 9001:2000; ISO 9001:2008 and the risk based ISO 9001:2015 since at least as early as May, 9, 2008; which means that correct and proper "crypto" or goods and services marketed under the trademark source identifier brand names BLOCKCHAIN™ and BITCOIN™ and BITMORTGAGE® are SAFE, RELIABLE, GOOD; BETTER, SAFER AND MORE EFFICIENT™.
Hopefully, the dictionaries will correct their entries or modify their entries for safety and quality purposes; to reduce risk
Canadian based business person; developer of Conformity Science: the science of transforming stakeholder expectations into reality. Borne out of nearly two decades (commencing at least as early as August 2001) of scientific-method-based primary research, discovery, 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), continual operation and continual improvement of the world’s first application of the “principles of ‘BlockChain’” (Bungay Unification of Quantum Processes Algorithm)-in-commerce. Specifically, development of the world’s first Non-Bank, Non-Institutional, Non-Syndicated, Non-Regulated or Regulatory Exempt, Free Trading Securities and Related Financial Instruments; also known as a Peer-to-Peer (P2P)/Private/Crypto/Secret/