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PUBLISHED ONMarch 28, 2024 12:00 PM
NEW YORK and LONDON, March 28, 2024 (GLOBE NEWSWIRE) —
World Telephony Provider Webtel.mobi has published a detailed article describing the accurate ache and remedy for fulfillment of World Monetary Reform, required to total the unusual “Enhance and Bust” cycles.
Additionally, a public model of the article follows below
Hypothesis as to the capability ending of the US Dollar’s reign as World Reserve Forex – or the need of that – are both misplaced, per the World Telecommunications Company Webtel.mobi. This is, it says, because it’s now no longer a World Forex (any considered one of them) that creates any world imbalances, weighted advantages or possible reform alternatives. It is miles terribly the World Intention over which all currencies are transacted that creates all world imbalances, weighted advantages or possible reform alternatives.
The fresh World Intention is rather younger. It came into being after the stay of World Struggle Two, and became as soon as offered to the enviornment (or imposed on the enviornment – reckoning on level of view) by the major victorious energy of that battle. As such, it’s now no longer merely the geographic unit denominations (i.e. currencies) at some level of the World Intention that carry out imbalances or weighted advantages.
These outcomes are rather (unilaterally) certain by the participants and entities up to the designate of the World Intention – the homeowners / controllers of which unilaterally desire the stage of desire or detest / advantages or disadvantages of any particular geographic fashions of substitute (currencies), or other Intention Rulesthat are (also unilaterally) utilized or altered. Thru these selections, so-called Reserve Currencies, Illiquid Currencies, Alternate Rates, Forex Flows, Forex Alternate and all other facets of the World Financial and Monetary Intention are certain.
Since the provision / imposition of this Intention on the enviornment after WW2, the Intention has been unilaterally role to permanently desire the homeowners and their allies / satellites, and detest all others. This ache is – and will be – inconceivable to change without reform of the World Monetary Intention.
The World Monetary Intention functions love a railway community, with:
- A Network Owner (i.e. tidy financial entities),
- A Intention of Railway Tracks on which all Carriages (i.e. Nationwide Systems and Currencies) must scoot, with Centralized Indicators Maintain an eye on and recording (i.e. SWIFT – and Fedwire, IBAN, CHIPSand heaps others, all of which trail off SWIFT – and over which all funds / transactions must waft, and which expose all connected parties of / sage all transactions),
- Licensors for the a few subdivided Native Railway Line Network Operators, with Centralized Ticket Volume, Worth/Pricing and Issuing Planning and Terms oversight (i.e. the Management Crew representing the Network Owners, that authorize and support an eye on Nationwide / Regional Currencies’ ache, quantity and payment for the World Monetary Intention – being the Basel Committee and Basel Consultative Neighborhoodas immediate by their GHOS Committee),
- Subdivided Native Railway Line Network Operators that attain Ticket Gross sales and Distribution for their piece of subdivided Network (i.e. Nation / Forex), and offer the Railway Carriages on their Subdivided piece of Railway Network (i.e. the Commercial Banks in international locations that carry out “retail money” by issuing credit ranking – which most folks regard as “money” – and by providing retail banking companies, basically in expose to present / distribute this credit ranking),
- Centrally-organized Network Logistics, Repairs and Relief Services and products (i.e. the CLS Neighborhood, TCH, CME, LCH, CHIPSand other identical entities, that provide total RTGS, FX Conversion, Liquidity, Processing, Clearing and other make stronger companies to your total community),
- Subdivided Native Network Logistics, Repairs and Relief Services and products (i.e. de-facto white-designate middleman entities – from first to tenth middleman stage), that provide local entry to the local and/or user variations of the Centrally-organized Network Logistics, Repairs and Relief Services and products (i.e. a good deal of national FX Conversion entities, Payment Services and products entitiesPayment Card entitiesand connected companies – all of that are in actuality white-designate intermediaries for the major entities, as are over 95% of all entities within the Monetary Sector worldwide).
Despite having many sub-ingredients, this methodology is an absolutely closed system, of which each and every and every component is controlled by its Owners. Therefore, despite the incontrovertible truth that the Subdivided Native Railway Network Operators would per chance furthermore impartial seem to safe A or B advantages over yet every other (and despite the incontrovertible truth that one’s label prices – or forex label / energy – would per chance furthermore impartial seem like, or be, better than yet every other), here’s all per the structuring of the Owners of your total Railway Network Intention. Moreover, this would – as can every other component of the Intention – be altered on the closing Owners’ will. It is miles because regardless of any forex’s or currencies’ upward push or tumble – or every other variation between Native Networks (i.e. Countries or Currencies), the stay-Owners and the tidy Important Participant Network Provider Suppliers will continue to present exactly the same earnings and earnings, because they obvious / swap all currencies, commodities and instrumentsand due to this truth accrue the same margins, always, regardless of the financial / forex / financial phases, strengths or weaknesses of any financial cycle, in any country or international locations.
In this total system, the numerous Currencies are identical finest to the assorted label forms that the Subdivided Native Railway Network Operators are allowed (by the Network’s Owners) to ache. Furthermore, the currencies’ (tickets’) a good deal of and fluctuating values / strengths / advantages / disadvantages are fully reckoning on the desires of the total Network’s Owners, as thereafter utilized by their Management Crew (overseen by GHOS), with other factors playing finest a rather minor role.
As such, substituting one forex (label) for yet every other would per chance per chance safe absolutely no reform or balancing produce on the total fresh Intention at all, and it never would per chance per chance. It would be love deciding to budge on one Native Network’s insist carriage or buy one Native Network’s insist label as a replace of yet every other. It is miles continuously pointless and futile to accomplish so in appreciate of Network Reform issues. Somewhat, if one wants to accomplish reform, one wants to first reform your total Intention – now no longer lawful a (small and inappropriate) inform thereof, impartial like one forex.
Nonetheless, simply attempting to reform the Intention by creating yet every other Intention per the same structures, processes and ingredients also has no likelihood of success. It is miles because lawful as an Present Railway Network already has all of its railway tracks and other infrastructure in role – with actually no role for a duplicate to be constructed next to it – to copy it would require building a duplicate Railway Network with Stations on a strengthened elevated metal and concrete platform above it for its total size. These mountainous building requirements and fees would be replicated in any try to reconstruct any facets of the fresh World Monetary Intention in its fresh structure. Not finest would the fees of this be prohibitive (or must be passed onto users / customers), this process would doubtlessly also role off provider disruptions and consequent chaos for the fresh users of the Intention.
Better, as an illustration, would be lawful to make a Centrally Managed high-trail solar-powered monorail, raised on a mono-platform using contemporary, more considerable and exponentially more payment-efficient materials, alongside a fresh Network Route. Not finest would this be payment-doable, it would be ready to scoot to now no longer lawful the total Cities that the Present Network covered, and likewise all of the fresh Towns and Villages that the Extinct Network’s usual feeble route now missed (and offer many more, and more indispensable, on-board companies). AI-Assisted and streamlined Centralized Management of all facets would render your total Unique Network design more efficient, more fast, and safer than the Extinct one. It is miles because Centralized AI-curated Maintain an eye on of all processes would permit removing of the 95% of intermediaries that are now no longer vital for operations or users / customers. This would due to this truth decrease Intention working fees and passenger fees exponentially.
By doing this, one uses a particular methodology, however achieves the same (or a wiser) stay-result that advantages all parties. This is comparable in some respects to what Uber did when revolutionizing avenue transport – impartial like reducing fees, rising accessibility and repair-protection, bettering trail of provider and environmentally friendly vehicles and democratizing a in actuality vital provider. It would also permit the addition of a few extra layers of considerable security.
There might be certainly be no level in replicating all of or section of the Extinct Intention by simply applying the same worn methodologies, structures or processes. That is because to accomplish so would result merely in replicating a variation of the Extinct Intention’s same worn, out of date and monopolistic system, and these are hopelessly out of date because they trail off a combination of (the identical of) 19th and 20th Century Railway Tracks and Signal Systems. True replication – within the same structure – of the Extinct Intention would require applying these out of date methodologies, structures and processes, because the opposite ingredients of the Intention (i.e. the Supporting Entities) – in their entirety – are also structured to characteristic off and from these worn 19th and 20th Century infrastructural pillars, in expose so that you can suit in and characteristic with the (fresh) Extinct Intention.
To this level, on the other hand, efforts to reform the Extinct Intention safe centered on kinds of replication in line with its fresh structures and processes. Nonetheless, as soon as confronted with the fact of the exponential payment and logistics issues required to merely replicate kinds of one thing that already exists, the realization fashions in that these are insurmountable boundaries, and stasis and paralysis almost about reform result, and stay. Consequently, the ideal “fresh” or “modern” aspects of the Extinct Intention that would per chance also be, and are, are periodically rolled out, dispute merely superficial and/or cosmetic “innovations”. These superficial and cosmetic “innovations”, within the major, comprise the identical of merely inserting extra fresh-having a search railroad carriages onto feeble out of date tracks, or modernizing the interior of feeble carriages so as t hat one can join to Wi-Fi while travelling. Despite the incontrovertible truth that these safe superficial cosmetic outcomes, they can’t, and assign now no longer, modernize or make stronger the Extinct Intention (and its corresponding excessive barriers, very high fees, very gradual speeds and most critical security risks; or risks of abuse).
Consequently, if one desires to try to lift about any style of balancing of the sizzling imbalanced World Monetary Intention – be this in appreciate of the inevitable, unusual “Enhance to Bust” financial cycles precipitated (and, certainly, required) by the sizzling Intention’s structure, or unusual inevitable bouts of Inflation, Deflation, Forex Depreciations, Forex Imbalances, or one thing else (with their associated consequences of periodic tidy-scale unemployment, deindustrialization, lack of commercial prosperity, and heaps others), the requirements are as follows:
- To Reform your total World Monetary Intention
- By making a Unique Intention, using fit-for-aim 21st century structures and processes,
- By an entity applying 21st Century capacities and capabilities – ideally alongside with AI-curated processes integration,
- In an economical design, to render it possible, and to now no longer hurry on creation-fees to users / customers,
- That provides safer, more fast and exponentially cheap (or zero payment) companies to users / customers,
- By eliminating the 95% of Intermediaries that are non-vital for accessibility, functionality and security,
- And enforcing design more stringent AI-curated Security and Controls to beef up user safety and security,
- Initially establish functioning similtaneously the Extinct Intention, to permit neat voluntary transition to the Unique Intention,
- Structured to now no longer conflict with the Extinct Intention at some level of transition, to lead obvious of inflicting chaos for users / customers,
- And to first safe tested it globally in operations – for now no longer lower than a decade – to be obvious it’s a long way accurate and fit for aim.
Webtel.mobi has accomplished this, and accomplished all of the above targets and dreams. It has brought about the accurate, perfect and completely operational model – despite the incontrovertible truth that mighty improved, design more efficient and design more extensive-reaching because of the capacities of 21st Century AI-driven capabilities – of John Maynard Keynes’ “Global Clearing Union”, alongside with its “Banking” World Unit of Alternate; in an already-functioning and operational Unique World Financial Intention.
The utilization of a combination of traditional industry and financial structuring and tips – coupled with what are recognized as Radically Transformative AI (RTAI) ingredients – the Webtel.mobi Intention has accomplished and surpassed all of the above benchmarks and requirements, and a range of more. Moreover, none of this entails or comprises any aspirations, or future-basically based mostly hope or hypothesis. It comprises, rather, already-fresh, tested, due diligenced, proven and completely-operational truth, worldwide, which is furthermore on hand in over 100 languagesto facilitate corpulent world accessibility and employ.
The Webtel.mobi Intention has been tested in discreet, however corpulent, World Operations for over a decade, at some level of which it has passed by design of 60+ rigorous exterior opinions and due diligences – a range of which had been some years in length – by global corporations of Attorneys and IT Experts, Main Macroeconomic Learn Entities, Main Macroeconomists, Multidisciplinary Consulting corporations and other Sector-Main entities worldwide. It has also been authoritatively commented on by world-leading consultants in these fields, after their comprehensive opinions of the Intention in its entirety.
Its “Bancor”-identical World Unit of Fable (the “TUV”), furthermore achieves and surpasses all requirements insofar as establishing parity amongst currencies internationally and making a balancing produce amongst currencies and economies – and without interfering with any States’ or Monetary Authorities’ authority, sovereignty or policy, or creating any possible destabilization.
All of this became as soon as, on the other hand, finest made doable by building a Unique Intention firstand finest thereafter structuring the World Unit of Fable (i.e. what is being sought by design of replacement of the US Dollar as the World Reserve Forex) thereafter –now no longer vice versa. This is the vital – and finest doable – sequence.
Webtel.mobi has furthermore accomplished this from at some level of the Telecommunications Sector – now no longer the Monetary Services and products Sector. All of Webtel.mobi’s merchandise and companies trail off, and from, a World Telecommunications Intention basis.
This too is merely a continuation of pure progression. ALL phases of innovation at some level of the World Monetary Intention safe ALWAYS been basically Conversation / Telecommunication-basically based mostly. From hand-offer financial couriers, to stagecoach financial couriers, to horseback financial couriers, to financial Telegraph Communications (for “Telegraphic Transfers”), to SWIFT’s Monetary Telecommunications (SWIFT is also a Telecommunications Sector entity) – the ideal design that such Systems can and assign characteristic is by design of efficient Communications / Telecommunications. Monetary Services and products entities are, in comparability, merely the worker-bees, that attain the subordinate logistical make stronger companies connected to Monetary Communications / Telecommunications.
The effects of Webtel.mobi’s 10+ years of discreet – however completely operational – world discovering out and proving furthermore resulted in it deciding to pre-emptively rebuild its total Intention’s Platform (from its Platform 1 to its enhanced Platform 2) sooner than its initiation of Unrestricted World Operations. This became as soon as accomplished to consist of non-vital however Most interesting Practice / Particular person-Friendly facets, identified as doable-to-notice at some level of its world operations. This became as soon as accomplished to guarantee that the Webtel.mobi Intention will now no longer need extra upgrades or modifications in expose to stay the World Chief on this field for now no longer lower than the following 50 years.
It is miles for that reason ache that Webtel.mobi has already got requests for internships and/or guidance and comment from Central Banks and other High-Tier global Financial Entities worldwide, almost about their studying from Webtel.mobi’s abilities.
For the time being, Webtel.mobi is – since polishing off the upgrade of its enhanced Platform 2 – getting sharp for the recommencement of unrestricted World Operations on the initiating of Q3 2024, while simultaneously maintaining discussions with some States which safe indicated their possible curiosity to safe the Intention.
As such, forthcoming reform of the World Monetary Intention is at hand, however now no longer by design of the replacement of finest one FIAT Forex with yet every other, that is also merely a section of the same total Intention. Somewhat, it’s a long way by design of the world provision of an absolutely fresh, 21st Century and fit-for-aim corpulent World Monetary Intention, that now no longer finest replicates, in a decrease-payment, more fast and more accurate design, all facets and ingredients of the sizzling World Monetary Intention, however, furthermore, surpasses them.
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Media Contact
Cut Lambert: [email protected]
Photographs accompanying this announcement are on hand at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/e803a0d8-6329-4a24-885c-39d59a04b830
https://www.globenewswire.com/NewsRoom/AttachmentNg/e1acec5a-31fe-4454-9b73-f7524f7afd50
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