QFS operates on a Distributed Ledger Technology. It is NOT cryptocurrency or Blockchain technology.

• Quantum Qubits “interact” with every financial transaction anywhere in the world of finance to ensure that each transaction is legal, owner-intended and transparent. • Since Central Banks do not have the ability to “reconcile” old FIAT (paper) money into the new QFS system, all fractional reserve banking and central banking activities will cease.

• Every sovereign currency and every bank represents a separate Ledger in QFS.

• Data on all account holders, at all banks, in all 209 participating countries was downloaded into QFS in March 2017 and serves as a “Distributed Ledger”.

• QFS is designed for and ready to convert ALL bank accounts denominated in any Fiat currency anywhere in the world into a local asset-backed currency.

• QFS pings the originating Fiat currency bank account to ensure it is still valid, active, and operational at the time the exchange of fiat currency for asset-backed currency takes effect.

• After the successful ping of a local bank account, the fiat currency holdings are converted into the new local asset-backed currency on a 1:1 basis.It is NOT cryptocurrency or Blockchain technology.

• Quantum Qubits “interact” with every financial transaction anywhere in the world of finance to ensure that each transaction is legal, owner-intended and transparent. • Since Central Banks do not have the ability to “reconcile” old FIAT (paper) money into the new QFS system, all fractional reserve banking and central banking activities will cease.

• Every sovereign currency and every bank represents a separate Ledger in QFS.

• Data on all account holders, at all banks, in all 209 participating countries was downloaded into QFS in March 2017 and serves as a “Distributed Ledger”.

• QFS is designed for and ready to convert ALL bank accounts denominated in any Fiat currency anywhere in the world into a local asset-backed currency.

• QFS pings the originating Fiat currency bank account to ensure it is still valid, active, and operational at the time the exchange of fiat currency for asset-backed currency takes effect.

• After the successful ping of a local bank account, the fiat currency holdings are converted into the new local asset-backed currency on a 1:1 basis.