MQCC™

BlockChain Definition

The originating, litigation-tested, corporate risk insurable, regulatory-recognized, dictionary-correct definition of the "Principles of 'BlockChain'"


(www.BlockChainDefinition.org)


 2001 - 2020: Celebrating 20 years of the Originating Body of Knowledge™


Welcome to BlockChainDefinition.org; an initiative of MQCC Bungay International LLC (MortgageQuote Canada Corp. and Bungay International Inc.); for over 20 years, the world's trusted, authoritative source for "What is 'BlockChain'" - a subordinate abstracted concept system - from the originating source.


The internet, regulators, legislators, policy-makers, lawyers, scholars, dictionaries, corporate risk insurance professionals, students and millions of MAINSTREET  RESIDENTS (students, investors, business people)  have the WRONG - INCORRECT - understanding and definition of the concept system known as 'BlockChain'. Unqualified people are knowingly or unwittingly perpetuating a false or incorrect narrative resulting in nonconformity that is causing  MAINSTREET RESIDENTS to LOSE $$$ millions of dollars (financial loss). 


Stop the madness; slow down and learn from the originating source.

The correct definition of the subordinate concept 'BlockChain', or terminologically knowns as the Bungay Unification of Quantum Processes Algorithm also represented as the "Principles of 'BlockChain'" or simplified to the generic compound equivalent terms: 'block-chain' or 'Block-Chain' is formed out of the originating body of knowledge that created the "World's first globally accessible, internationally trusted, regulatory-integrated, professional liability insured, commercialized peer-to-peer electronic finance system' at least as early as April 9, 2005 at PrivateLender.org Canada: Canada's Private Lending Network®" (www.privatelender.org).


Learn correctly, learn from the originating source; learn from BlockChainDefinition.org.

 

To learn the fully history of the origin of the concept of 'BlockChain', go to your local public library, university library, higher center of education library or law library and access the encyclopedic authoritative reference entitled: Origin of a Specie™;  part of the Father of BlockChain™ trademark brand, series of printed publications and encyclopedias; found at origin.mqcc.org.

The MQCC's Business Enterprise Quality Management System is Registered to the Canadian Equivalent of ISO 9001:2015 published by:

 Canada's National Standard for Quality Management ISO 9001:2015
CSA Group: "Helping improve the safety and quality of the products and services that touch your life." 



Welcome to the MQCC System




   



           

          














BITMORTGAGE™ (bitmortgage.com)

MQCC BITCOIN™ (www.bitcoin.eco)

.eco profile for bitcoin.eco

After reading all of the foregoing, ask yourself: Who would YOU trust your money with?

MQCC: A new system, a new standard, a new benchmark in Canadian and global finance.

Yes, there is a "better way" to trust & confidence in Finance; the MQCCapproach is your "better way". 

The domain MQCC.org is the primary information page for the Money Quality Conformity Control Organization, MQCC™ incorporated as MortgageQuote Canada Corp., headquartered in Calgary, Alberta, Canada and trading in up to 119 countries. MQCC™ is an organization classified by the United Nations (UN), Department of Economic and Social Affairs (DESA), Statistics Division (UNSD) International Standard Industrial Classification of All Economic Activities (Revision 4) involved in the following industry classification sections or classes:

  • Section J (Information and communication)
  • Section K (Financial and insurance activities
    • Class 6492 > credit granting; money lending outside the banking system
    • Class 6619 > activities auxiliary to financial service activities; activities of mortgage advisers and brokers 
  • Section M (Professional, scientific and technical activities)  This section includes specialized professional, scientific and technical activities. These activities require a high degree of training, and make specialized knowledge and skills available to users
  • Section N (Administrative and support service activities)
  • Section P (Education)
  • Section S (Other service activities)
The North American Industry Classification System (NAICS) equivalent classification to the UNSD Classes is:
  • non-depository credit intermediary 
  • mortgage and non-mortgage loan brokers
Similar industry equivalencies exist in all countries who participate in the United Nations.

Subject to the jurisdiction, from a governance (statutory or regulatory) perspective, MortgageQuote Canada Corp. MQCC™ business activity, namely, real-estate-secured (mortgage) intermediary activity, are deemed to be:
  • a regulated activity
  • non-regulated activity
  • regulatory exempt activity
  • free trading activity
In its country of origin, Canada, MortgageQuote Canada Corp. MQCC™'s real-estate-secured (mortgage) intermediary activity is regulated by three provincial or territorial jurisdictions:
  • Alberta - regulated by the Real Estate Council of Alberta (RECA)
  • British Columbia - regulated by the British Columbia Financial Services Authority (BCFSA)
  • Ontario - regulated by the Financial Services Regulatory Authority (FSRA fka FSCO)  (FSRA #12279)
MortgageQuote Canada Corp. MQCC™ may trade in other Canadian provincial or territorial jurisdictions, subject to statutory or regulatory requirements or exemptions.

In Canada, education in private equity mortgage (PEM®) subject matter, competency and proficiency credentialing is an unregulated activity. Providing advice respective specific financial transactions, might be subject to regulatory oversight.

      Canada Provincial Mortgage Broker Regulators: (RECA - Alberta)(FICOM - BC)(FSCO Ontario - Brokerage License #12279).  Non-Canada Residents and international visitors, please read "Website Terms of Service", below.  All items with a ® or ™ symbol or, some items in UPPER CASE are registered or unregistered (common law) trademarks of MortgageQuote Canada Corp.  (MQCC™) or licensed by same. Some third party trademarks are used pursuant to nominative fair use principles.  See Intellectual Propertyfor full details.  Deconstruction of a Claim (Internal Use Only). MQCC™Data Artifacts, Privacy (PIPEDA), Data Security, Website Terms of Service, Legal, Disclosures: Statements, Consumer Electronic Message Preferences (CEMP). Money Quality Conformity Control Organization is a registered or unregistered trademark of MortgageQuote Canada Corp. All MQCC Systems, Technologies, Services and Products conform to WFT™ MQCC BlockChain Technology, and is licensed by MQCC Bungay International LLC. 

      *Accredited Class® Licenses are issued by MQCC Bungay International LLC or Bungay International Inc.


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