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Uncover the enigmatic world of international banking with "OFFLINE BANKING - The Holy Grail of creating M1 Funds from Off Ledger Servers." This book is your passport to a realm shrouded in intricacies and veiled behind the complexities of global finance. Drawing upon years of hands-on experience, meticulous research, and cultivated industry relationships, we present a journey through the transformation that revolutionized the banking landscape between 1998 and 2000. At its core, this book unravels the pivotal shift that birthed the Offline Banking Network (Off-Ledger System) and its interdependence with the Online Banking Network (On-Ledger System). We explore the heartbeat of the modern financial ecosystem, the "Server Farm," an entity managed by the private sector, beyond government control. This network serves as the foundation upon which all banking servers and systems operate. Our journey takes us into the intricacies of the Online Network (On-Ledger Network), responsible for connecting bank branches, SWIFT rooms, and regulatory bodies. Discover how these systems, built on Microsoft Windows OS, have reshaped international banking. Learn how the online network relies on the offline (Off-Ledger) network for its operations. Enter the world of the Offline Network (Off-Ledger Network), powered by UNIX OS servers, where transactions range from server-to-server (S2S) to server-to-bank (S2B). This network plays a critical role in managing, creating, and transferring substantial funds, often inaccessible to the public. Explore processes like DTC, IP/IP, IP/ID, and the authorizations required for access. Delve into the altruistic side of finance as we unveil how a significant portion of these funds is channeled into humanitarian "Green Projects." Discover the intricate web of licenses, certificates, and authorizations, and the involvement of entities like the Federal Reserve Bank, European Central Bank, Euroclear, International Monetary Fund, International Treasury Control, central banks, and receiving banks. Our focus on offline banking sheds light on its primary purpose: the creation and delivery of money to consumers. Understand how real money is produced using offline banking resources and transformed into spendable currency, benefiting governments, the private sector, and the general public. The forthcoming chapters will take you on a deep dive into the role of the Server Farm in creating real money, the origins of offline money data, and the journey to monetization. We'll explore taxation, expenses, and the intricate processes that enable money to flow into the online banking network and ultimately drive economic growth. For those curious about alternative methods of converting offline funds, we will navigate the realms of bank guarantees, bonds, loan and credit guarantees, and participation in the banking trading system. Each chapter will unveil new facets of a financial world few have had the privilege to explore. Get ready for a profound and enlightening journey into the heart of global finance, revealing the secrets of the 21st century's financial landscape. Review: A waste of paper, time and money! - This book is truly a waste of paper and reading time. It was probably written with AI, and even with a poor AI. It doesn't really uncover the details of creating off-ledger value, other than explaining how banks use their ledgers, when compared to their controlling entities, such as the DEF, IMF, etc. It should be priced at USD 5.00 at most.
| Best Sellers Rank | 1,831,014 in Books ( See Top 100 in Books ) 16,293 in Professional Finance |
| Customer Reviews | 3.0 out of 5 stars 2 Reviews |
J**I
A waste of paper, time and money!
This book is truly a waste of paper and reading time. It was probably written with AI, and even with a poor AI. It doesn't really uncover the details of creating off-ledger value, other than explaining how banks use their ledgers, when compared to their controlling entities, such as the DEF, IMF, etc. It should be priced at USD 5.00 at most.
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