The Pen  –   is all that you will ever need… to take on the Digital World!

Virtual Wallet   –    to carry your whole world with you, anywhere & everywhere… effortlessly !!

Your Own Key   –   to open each & every door on this planet… but just for you !!!

Brief outline

Sign on Gold  is a futuristic concept for the digital world, In short, it is a concept dealing with creating a fool-proof Global Individual Identity to empower the digital revolution taking place all around us. Taken to its Logical Conclusion, Sign on Gold  can provide an all-encompassing Digital solution to the problems facing mankind today.

If we analyze the root cause for all major man-made problems facing mankind today, it will lead us to the following major causes given below:

Unaccountability leads to irresponsible behavior and actions of people in power and position.

Free flow of unaccounted money, leading to Corruption all-round and degradation of all present systems of governance.

Faulty and delayed administration of the justice system leads to intolerance.

Inequality in opportunities for growth and prosperity leads to disenchantment.- Terrorism and a sense of deprivation and insecurity all-round.

Insufficient and lack of strategic approach to solving the health problems.

Lack of proper checks and balances in the monitory systems worldwide.

Lack of Truly representative democratic systems and practices results in a lack of credibility.

Lack of respect and value for human life: leading to uncivilized behavior all-round.

Digital revolution if properly harnessed has the power to rectify many of the above shortcomings and deviations in human behavior we see today.

To realize the real power and potential of the digital revolution we need to go back in time to the stage when mankind had only Oral communication………

Imagine the tremendous effort mankind had to make and the apparently insurmountable difficulties it must have faced to crossover the bridge to Written communication, and we all are witness to the advancement this cross-over brought to all aspects of life on this planet.

If the above-mentioned cross-over was a quantum leap for mankind, I feel with the digital revolution mankind is on the threshold of another quantum leap forward to a higher level of civilization…

Today the crossover will be from Written Communication to what can be called Registered communication which is made possible with the Digital revolution bringing along with it universal, unlimited, unalterable, and indestructible as well as remote storage possibility.

Add to this the possibility of easy and instant retrieval from any location on this planet, and what we have is a Base from which we can build an entirely new system for all human activity and interactions.

With the technological and human advancement, mankind has already made as of today, The difficulties of the second cross-over mentioned above will appear insignificant when compared to the difficulties mankind had to go through to cross over from Oral communication to Written communication.

Sign on Gold  could possibly be one of the tools to be explored to help in this great

change that can be achieved in the foreseeable future for the benefit of all mankind.

Any new concept has the possibility of universal acceptance only if the time for the concept has arrived, Today everyone is talking about a need for fool-proof individual identity, Individualized database, remote centralized computing, Paperless, and instant communications and transactions, Instant global reach and access to opportunities for individuals, businesses and organizations, Comprehensive health data storage and retrieval for a quick and appropriate response to health emergencies for the in dividual as well as the society at large.

All these preferably need to be achieved without causing security and privacy concerns, to individuals, businesses, organizations, and governments.

The concept of  Sign on Gold along with the new  PEN taken to its logical conclusion will establish once again that.

“The Pen is mightier than the Sword “

Perhaps with the implementation of the concept  Sign on Gold  the new slogan could be

“The pen is mightier than a Nuclear missile“

Sign on Gold Leverages the already universally accepted and practiced method of using the signature for individual identity and commitment, By superimposing it on a secure and original golden background having a repeated impression of a fool-proof global identification number having say 16 characters issued by a single source.

The above-mentioned superimposing of the signature being a Two-stage process to be carried out within a specified short interval of say 30 seconds between the stages further increases the authenticity, reliability, and un-deniability of the Identity and commitment.

Sign on Gold converts all written digital communication, on the signing of the document by an individual into an unalterable and inerasable permanent registered document and permanently stored in the individual’s virtual wallet ( or in the organization’s virtual wallet as the case may be ) with the possibility of instant retrieval, but only by the concerned individual: From any location on this planet.

Sign on Gold has the potential to eliminate unaccountability in all spheres, Eliminate corruption, Eliminate 99% of unaccounted money: Terrorism will be eliminated, the World will become a safer place to live in, people’s trust in each other will increase several-fold, Increase tax revenues several fold, Reduce tax collection and enforcement expenses by 90%, Bring about an interactive and responsive democracy and governance, health services will improve several fold, Movement of people across borders will become easy and less cumbersome, Will bring about quick response and foolproof justice system,

Honest and efficient people who constitute the majority of any population will have nothing to fear and obstruct them, allowing them to perform to their optimum level in all fields to contribute to the welfare and benefit of all mankind.

In short Sign on Gold can empower the digital revolution TO reach its true potential of

moving our civilization to a higher level in the new millennium.

With so much at stake.. …….

Sign on Gold concept deserves serious consideration by all global players.

Global identity

Sign on Gold   makes it possible to assign a single fool-proof global identity for an individual that eliminates the need for all other forms of individual identity.

Use it everywhere ! ….. Get it right every time !! ….. Nothing to memorize !!!

Nothing secret about it ! ……….. No one else can ever use or misuse it !!!

Sign on Gold   concept with the built-in facility to automatically create a 16-digit character (pre-assigned) impression that can easily form the basis for a global identity for an individual, which is expected to become an essential requirement in the near future.

The golden metallic background with repeated impressions of the 16 digits ID along with the signature of the individual will be most suitable for digital scanning and will open up limitless possibilities/applications.

In this digital age to make optimum use of the IT revolution, it will become imperative sooner than later for everyone to think global and make maximum use of the existing and future developments expected in the field of facilities such as the internet, e-commerce, e-business e-governance, e-banking, etc., etc .,

One of the basic requirements for the above will be for an individual to have a fool-proof Global Identity, which is possible only by assigning A definite 16-digit number by a single global source.

Sign on Gold     – can accommodate 16 digits
Once the number is assigned there will be a need for the individual to reproduce this exact number in each and every one of his dealings with the society, there must be an absolutely fool-proof method to ensure this, especially keeping in mind that it will be impossible for anyone to reproduce this number exactly every time from memory.

Sign on Gold      – Engraved roller ensures this

Another aspect to be absolutely made sure of is that the above-mentioned 16-digit Global identity of an individual will be used only by that particular individual and by no one else, intentionally or otherwise.

Sign on Gold      – Global ID becomes Valid only when it is in combination with the individual’s superimposed signature
Another aspect to be ensured is that First-hand reproduction of this global identity by the individual shall be distinctly different from any copy of the same made by use of any presently available or future copying/scanning techniques.

Sign on Gold       – The originals, as well as the copies, will themselves proclaim as original or copy
Another aspect to be ensured is that there is a fool-proof possibility of scanning by electronic means the 16-digit Global Identity without any ambiguity whatsoever.

Sign on Gold       – Repeated embossed impressions of the Global ID on pre-determined standard gold background
Apart from the above the has several other unique possibilities, For Example – Every time an individual uses his/ her global identity for any given transaction whatsoever, there will be a permanent record of the date, time, and exact location for that transaction.

Global database

Sign on Gold   with global individual identity opens up the possibilities for a global individual database situated at centralized global data bank.

An individual database……. It can accommodate everything !!!

You can access it……. From anywhere and at all times !!!

Others can access it……. But will need your consent EVERYTIME !!!

Sign on Gold   provides the unique possibility of individuals alone having the key to access the database which will be in the form of a “virtual wallet”. This virtual wallet will contain different layers of data such as general info, health records, educational records, travel records, financial transactions, assets, shares, also cash, etc.

Others can access each of these layers only after they register their own global ID and after getting the individual’s express consent every time.
Once the individual is given a fool-proof global identity, it opens up the following possibilities:

This Individual global identity along with a globally accessible individual’s data bank situated at a centrally controlled global database will empower the person to have unrestricted access to all types of goods, services, and places all over the world as well as help that person in all his / her interactions with the society to contribute to a higher quality of life in all respects.

Naturally, the person in return for this empowerment will be more than willing to voluntarily forgo some privacy as well as to conduct all the normal activity in a responsible and transparent manner.

Universal acceptance of this will be possible ONLY when the individual is FULLY convinced that there will be ABSOLUTELY no possibility of unauthorized access to his/her database. Express permission will need to be taken EVERY TIME before anyone can access his/her database stored in this centrally controlled global data bank. This global data bank may be situated at multiple locations or even in outer space for faster and tamper-proof connectivity.

Apart from this, the individual should have the power to decide which portion of this data bank can be assessed, as well as have control over the transfer & alteration of such data being accessed by others, while giving permission for access.

Technology is available today to have a central global database with say even 7 billion (world population) individual detailed profiles etc.,

With expected future advancements in Information Technology and global networking, it should be easily possible to assign an Individual identity, an Individualized data bank of 100 GB or more at the above-mentioned centrally controlled global database with the definite possibility of instant access from anywhere in the world.

Sign on Gold   will be in a position to satisfy fully all the above-mentioned needs as well as many other expected needs of the future.

Digital signature

Sign on Gold   concept can easily become a far superior single and most effective all-purpose signature solution to the needs of all types of E-documents.

No need of password !… No need of authentication… !!!

No need of third party !!! … No possibility of denial… !!!

sign on gold will ensure authenticity, confidentiality, security from misuse, proof and permanent record of the communication both for the sender and the receiver with automatic registration of all transactions / agreements etc. with central authority.

Possibility of operating effectively with selective access etc., an organizational database apart from the global database

And many other limitless possibilities …

 Sign on Gold   concept involves the creation of the following equipments and facilities to meet the basic requirements.

Writing pen with special Roller provision at the opposite end.
Roller with Global identity made by specialized process and centrally controlled by a global source.
Specially developed and standardized gold paste with appropriate qualities.
Specialized high resolution scanner with built in gold check included.
Centrally controlled Global data base.
Specialized soft ware linking / operating the scanner and data base along with the present and future available computer hardware and networking facilities.
The necessary global protocol & administrative set-up.
The individual who has the power to ” Sign on gold ” is expected (by way of example) to use this power in the following ways.

For electronically signing a particular e-document, the person first prepares a document on the computer, then uses a pre-cut paper and on it Sign on Gold   paper with signature is passed through the scanner which in turn is linked to the internet as well as the computer being used, The scanner in coordination with the software based at the global data base server does the gold check as well as detailed check on the global identity, number of golden stripes in the under layer of the signature, correctness of signature, relationship of the position of several points on the signature with position of the several Impressions of the global identity etc. and assigns a code with say 20 characters which may include the global ID plus 5 digits, this will be called Golden signature ID code (GSID) which will be unique to that particular signature.

The 5 digits provides for an individual “ Signing on Gold ” Up to 99,999 times during the person’s lifetime. Here it can be mentioned that there is absolutely no possibility of a person signing in an identical manner taking into consideration all the parameters in the above mentioned scanning and checking.

Once the GSID is assigned, the document to which the signature has to be attached gets registered at the global data base and there after an exact scanned copy of the signature gets attached to the document at the assigned place and just below this will appear The logo SIGNED ON GOLD with the GSID code. The document can thereafter be transmitted anywhere by the available secure means. The receiver can be absolutely sure of the authenticity of the document in all respects.

Once a GSID is assigned to a signature and the same is used for attaching to a document or used for any other specified transaction through the global data base, that particular signature will become invalid and cannot be used again.

Successive GSID assigned to an individual’s signature will be in a pattern not possible to be deciphered by others as it will be unique to that individual.

If the receiver has the slightest doubt about the document, The receiver who will also be a person empowered with “ sign on gold ” can use the same to interact with the global data base and cross-check the validity of signature by referring to the GSID.

The above is given only as small example to explain a single Possibility out of several hundred possibilities with the concept of “ Sign on Gold

Sign on Gold   is expected to eliminate the need for digital signatures, third party authentication, private key, public key, undeniable signatures, multi party protocol, all sorts of connected legal problems, all sorts of hacking problems, all unreliable verifications systems Etc.,

It may also be possible in the example mentioned above to Create the  Sign on Gold   on the precut paper in two steps.

First the golden under layer could be applied, then scanned, which in turn connects and initializes the global database. As a second step the paper is withdrawn from the scanner and the signature is applied on this layer and passed through the scanner again. This may have to be done say within ONE minute interval, which may be used as further proof of that particular individual’s presence at that spot and at that time. The time delay between the application of under layer and the signature as well as the heat from the scanner could, if so desired be used as means to ensure drying of the paste forming the golden under-layer before the individual’s ink signature is applied on it. This might also help in the creation of the gold paste with appropriate quality to prevent drying-up of the paste in the pen roller due to exposure to air etc.

The above 2 stage creation of the “ sign on gold ” may if required help in better reading of the global ID repeatedly embossed into the golden under-layer by the Scanner, as the ink signature is not yet super imposed during the first stage scanning.

Sign on Gold    will completely eliminate problem with hackers etc, because unlike the password based security systems where it is possible to experiment with several thousand password combination to make illegal entry , there is a built in cost involved for the gold paste when illegal attempts of entry is being made.

As per the description given above it appears that every time the signature along with the gold under-layer (which is on a cut paper as in the above case or bills etc) gets scanned to serve a particular purpose, it will become useless for any other purpose. This is a fact, but it must be understood that the cut paper or Bill etc could very well be disposed off for a value of say 60% to 70% of the cost incurred in Sign on Gold   as major part of the Gold content can be reclaimed by some suitable process.

Global Security

Sign on Gold   might very well have many security advantages to handle many future unforeseen global security threat scenarios.

Keep out the terrorists ! Track the criminal elements !!

Avoid hassles to the law-abiding citizens !!!

Sign on Gold  concept will help in keeping track of people who are entering the country and keep out undesirable persons from entering the country. It will also be easier to track wanted persons and their dealings on a worldwide basis. It will help in avoiding unnecessary harassment of law-abiding citizens who have nothing to hide.

In times of crisis, there is also the possibility of insisting as a necessity on all letters and parcels sent through post to pre-empt any mischief.

Sign on Gold   concept when implemented along with necessary Infrastructure etc., can become a powerful security feature and contribute toward long-time antidote for the destructionists in this world.

As the Sign on Gold   is expected to be implemented in stages, in the first stage it can cover people in advanced countries which are increasingly becoming the targets of terrorist acts which are in turn financed by powerful and mobile people. This could very well be stopped at the starting stage itself by insisting that only people with global ID etc., will have travel access to the above-mentioned countries. This will greatly help law-abiding citizens who have nothing to hide from being subjected to unnecessary hardship in the name of security.

Once traceability of funds becomes fast and reliable it could lead to the possibility of a Person / Organization being permanently debarred from using the facility of  “ sign on gold ”, thereby becoming completely marginalized in all respects. This will act as a powerful deterrent and make the world a safer place for everyone.

Sign on Gold   with its built-in features will also ensure that Unauthorized entry into security-related information databases can be completely eliminated.

It can be easily foreseen that a chemical or biological attack is most likely to happen through letters and post parcels originating in a far-off place/country. Insisting on letters/parcels to have Sign on Gold   will allow for faster movement avoiding elaborate security checks etc.

As the Sign on Gold   will be a powerful tool with great advantages to the individual, law-abiding citizens who have nothing to hide are likely to have the least objection to the requirement of voluntarily disclosing all sorts of information to acquire the power to make use of this “ Sign on gold ”. Once an individual acquires and starts enjoying this power, there is every possibility of that person conducting all his / her interactions with the society in an upright manner so as not to loose this privilege, which will result in a more civilized society evolving in the future.

Naturally, it is expected that once Sign on Gold  comes into practice there will be some dispute-solving arrangement in place. But it will be possible to keep disputes to the minimum by evolving certain arrangements wherein when a dispute is pending between two parties, it may be possible to state the same in the “general information” cover page of their respective Global database. This itself could deter individuals from resorting to protracted legal proceedings etc., and would choose some sort of simpler and quicker methods of dispute settling mechanism which need to be evolved.

Virtual wallet

Sign on Gold  will usher in a new era where everyone will carry a Virtual Wallet. This Virtual Wallet will contain compartments for anything and everything of value. You can reach out for it anytime and make use of it anywhere and everywhere.

You can’t loose it, ever…

No one else but you … 

Can place anything in it … or take anything out of it….!!

One of the major advantages of  Sign on Gold   is that the possibility of eliminating all other forms of individual identity such as credit / debit cards, driving license, health card, citizen cards, passport, visa , etc.

All the relevant information of the individual will be available at all times at the individual’s Global data base, which can be accessed from anywhere in the world. The relevant information can be in layers.

As an example say the individual goes to a doctor, and he needs to show his health records to his doctor, the individual will  Sign on Gold  in an earlier assigned pattern on say a pre-printed paper given by the doctor (which can later become a form of record / bill for the doctor ). The doctor can then access the individual’s global data base (general information layer and health information layer only ).

If the doctor needs to enter new data / alter data or transfer the individual’s health data to his own computer records etc the individual should have pre-enabled the doctor by adding say a “ hash ” in the above mentioned Sign on Gold .

The doctor himself may need to register his global identity with the global data base before he can make the alterations etc.,

It may also be possible for making special arrangements to take care of opening an individuals health data etc under special circumstances such as the individual not being in position to Sign on Gold  in a specific given situation such as accident / unconscious condition etc.

By way of another example say an individual arrives at a given airport and needs to pass through immigration etc. all he may have to do will be to

Sign on Gold   in pre-assigned pattern (along with a hash etc.) on say a pre-printed declaration form. Using this and the specialized scanner etc., the immigration authority can access his / her global data base ( general information & travel detail layer only ) and also be in a position to make automatic entries / transfer data to the say airport data base etc, and pass the individual through immigration.

It is also possible that in some special cases based on the individuals background given, there may be need to go more thoroughly through that particular individual’s global data base, then the immigration authority may ask the individual to open-up his / her entire data base etc.,

Which is possible when the individual again Sign on Gold  in a pre-assigned manner (say 3 golden stripes with 3 signatures across it) to open-up his / her entire data base etc.,. It may also be possible to
Incorporate that in such special cases as given above, The Individual who represents the immigration authority needs to register himself with the global data base using his / her own Sign on Gold .

By way of another example, say an individual buys some item and he needs to pay for it, the seller produces a bill on which there is an appropriate place earmarked for Sign on Gold . The customer applies the 2 stage Sign on Gold in a pre-assigned pattern, the general information layer only of the individual’s global data base gets displayed on the sellers monitor, where his financial status for that transaction is given as valid or not valid.

When the transaction gets the valid signal the seller ( who will have the bill in the form of electronic document on the sellers computer ) is able to attach the signature of the buyer to that particular bill and may be by attaching his / her own signature by means of  Sign on Gold  on another specific portion of the same bill, will be able to automatically transfer the bills value from the buyer’s account to his / her account situated at the global data bank in their respective individual data bases.

More examples of Sign on Gold  being able to eliminate other forms of Individual identity requirements are not given as they can be easily visualized based on the few examples given above.

The concept of “ VIRTUAL WALLET ” With the Sign on Gold   in practice, it is expected that every person empowered with the same will be in position to carry with him / her at all times and everywhere a pilfer-proof giant sized “ wallet ” which will have compartments to accommodate everything of value, acquired during the entire lifetime. Example – starting from say the parents details, marriage license of parents, pre-natal health records, Birth certificate, schooling certificates, sports certificates, college degrees, Inheritance records etc., including cash, shares, title-deeds, licenses, health records, work records, travel records, financial records, purchase records , expense records, tax records, insurance records, marriage records, family records etc.,

There is every possibility of arranging these records in the proper order for easy location and reference as and when required / desired by the individual.

It will also be possible to have say a “ Virtual Outer Enclosure ” for the above mentioned “Virtual Wallet” for receiving incoming valuables etc., which can stay there till the individual decides to Place the same inside the       “ Wallet ”, once placed inside nothing can come out of this or seen by any one without the express consent of the individual.

It can be further explained that movable and immovable assets when created or demarcated (as in the case of land etc.,) will have only one original document to represent them, so that when a transaction is carried out the original document representing that asset will have to be removed from one individual’s wallet to another individual’s wallet.

Here it can be explained the concept of assigning every individual with global identity can also be applied to businesses / Corporate / other organizations.

In the case of an organization the global ID may start with a letter “O” to denote the same and transactions may require TWO signatures or more signed on gold, that is the organization’s and the controlling authority represented by an individual / individuals signing with their own Global identity etc.

Few examples of patterns that may be used :

1. To operate organizational database:

2. To operate Global database (minimum two GOLD lines):

a) Open General Info layer.

b) Open General Information Layer and health records.

c) Open General Information Layer + Fluid Financials

d) Open General Information Layer + Fluid Financials + Assets

e) Open General Information Layer + Fluid Financials + Assets +Personal

f) Open General Information Layer + Fluid Financials +Travel records.

g) Open all layers

The above are just a few suggested applications. Ultimately, some sort of a globally acceptable protocol has to be established .

The Pen *

The ultimate empowering tool of the digital age !!!

  • US patent no. 7,083,353 B2
  • Indian patent no. 200259

Almost like a normal writing pen but with a roller arrangement provided at the opposite of the writing end.

The roller arrangement is in the form of a cartridge mounted on the body of the pen.

The cartridge is an assembly of embossing cum coating roller and the means to store and uniformly supply the coating substances to the coating roller.

The embossing cum coating roller when pressed and moved over paper will produce on it a uniform & quick drying band of the said coating substances.

This band of coating on paper will have within it embossed impressions of the characters inscribed on the periphery of the above mentioned roller.

The length of band created will decide the number of rotation of the roller and therefore the repetition of the embossed impressions within the band.

The coating substance which may preferably be “gold paste” is provided in a container in the form of a replaceable sub-cartridge inside the main cartridge.

The roller can have upto 16 characters engraved as projections on its periphery thereby it can create 16 depressed impressions per rotation.

The gold paste when applied on paper will have appropriate qualities to ensure quick drying, non-peeling, clear impressions, compatibility with ink signature.

Why incorporate gold?

Sign on Gold    concept uses gold paste for the background coating purpose as it is most appropriate material to use in this case.

Retain the supremacy of Gold forever…!!

It cannot be reproduced by any photocopier exactly …!!!

Gold Standard ”  for freedom and convenience !!!

Sign on Gold  concept provides the individual with a single tool which gives him/her enormous power and the ultimate in freedom and convenience.

Indirectly this will bring about a new way of gold usage in a consumable manner by a large section of population world wide (could easily reach more than 1500 tons per year) thus contributing for a permanent solution to the problem of glut in gold and prevent gold from loosing its primacy causing billions of dollars loss to governments, central-banks, and others around the world.

Sign on Gold   concept intentionally uses gold for the background Under-layer as it will be the most appropriate material to use in this case keeping in mind the following :

1.It will not be possible to reproduce the “Gold” metallic color and finish by any of the present or future copying/scanning techniques.

2. The built in Gold check feature of the proposed specialized scanner will be an additional security advantage.

3. The “ Sign on gold ” which will become such a powerful multi-purpose tool in the hands of an individual empowering him / her to enjoy ultimate in freedom & convenience in all interactions with the society need necessarily be associated with the primacy of Gold. Here it should be mentioned that

Sign on Gold   will involve very small quantity of gold per signature and about 80% of the gold can / will be reclaimed by suitable process etc., The cost factor will also prevent frivolous use of “ Sign on gold ” also in this digital age most of normal computer documents will not need a signature.

4. Another indirect but major advantage of the ” Sign on gold ” will be its contribution towards finding a permanent solution to the glut in gold availability to retain the primacy of gold for a long time to come for every one’s benefit.

There seems to be NO other Way for a long term solution to the Problem, except by bringing in some new way of Gold usage in a consumable manner by a large Section of the population world-wide.

Sign on Gold  concept if appropriately promoted could easily create this required new Gold usage, in ten years it could easily turn out to be a segment consuming more than 1500 tons of gold in a year.

In fact the estimate of 200 million users in the initial stages world wide is a conservative estimate if viewed from the following angle :

It is estimated that in the past 10-15 years more than a Billion computers have been sold world wide, Out of which more than 750 million has been paid out by corporate bodies, Now if it is assumed that most of this is used by individuals and the computer itself has been paid and bought by the corporate is an indication that “ the TOOL to work with has been provided by the corporate to ultimately serve its own purpose ”

Now is it possible to think of any other “ TOOL ” in the hands of more persons, more widely used than a “PEN ”

So there is every possibility that ultimately every Corporate body would be more than willing to empower their employee and foot the bill for the “PEN” as well as the gold paste cartridge used in this “sign on Gold ” concept.

So based on the above mentioned logic, it is very safe to assume that more than 200 million people will be using this concept in the initial stages and on an average use two cartridges of gold paste in a year, each cartridge having say 4 gram of gold content.

This will translate into :

8 gram X 200,000,000 = 1600 Tons per year,

It can reasonably be expected, this segment of users will continuously increase year after year to absorb the increase in gold mined in future ensuring that that the value of the gold will remain at its high value for a very long time to come.

Some collected data connected with gold ( may need correction)

75% of gold usage is for Jewellery.
5-10% industrial uses.
Rest used as monitory reserve
World Gold production approx 4000 tons/year.
Gold held officially as monitory reserve approx 40,000 tons.
Gold held by USA as official reserve approx 10,000 tons( 25% of total world official reserve) Value approx – 500 Billion Dollars.

Just imagine the asset depreciation if and when the gold price falls by say 20%!!!

Golden opportunity

Sign on Gold    concept pre-supposes the creation of certain requirements and is expected to be a great opportunity for some global players.

Golden Opportunity for Major Global Players !!!

The following requirements offer great opportunities:

1. Assigning global Identity/supply of the embossing cum coating roller.
2. Setting-up and Managing the centrally controlled Global data base.
3. Design/ manufacture the specialized scanner with gold check built-in.
4. Design and supply the software content for all the above.
5. Developing and supplying the gold paste with appropriate qualities.
6. Manufacture & supply of pen / main cartridge with sub-cartridge etc.
Now coming to the first steps in implementation it is imperative that the intellectual Property rights to this product should be appropriately safe-guarded world wide, and we expect the major global players to implement and take advantage of the opportunities created by this concept will be forth coming with their proposals for joint development of the concept at the earliest.

1.Roller with Global Individual Identity engraved :

This aspect of Sign on Gold  pre-supposes that a powerful body such as World trade organization will be backing this concept and as such will involve creating a consensus and acceptance of a global protocol in assigning the Global individual identity as well as Global corporate identity etc., etc.,

Example : up-to 16 characters are possible.

I-AMR-1234567890
(Individual US citizen)

C-AMR-1234567890
(Corporate Headquartered in US)

G-AMR-1234567890
(Government US organization)

O-AMR-1234567890
(Organization US other than Govt.)

Universal acceptance of this concept is possible as there are powerful built-in advantages to the individual. In the long run it would be possible to cover the whole world, initially it could be possible to cover all US / INDIAN citizens and all who need to enter US / INDIA or do business with any US / INDIA administration / corporate / Individuals etc.,

The Pre-requirement for assigning the global identity will naturally involve thorough screening by competent authority and their associates world wide etc.

There is also the possibility of designating US dollar as the standard Currency for all transactions carried out through the global data base.

Once the concept is accepted as practical, and the necessary infrastructure and protocol etc is in place, the Roller with the assigned Global identity may be produced by a central authority by specialized process using specialized material and may be using special techniques such as one explained below:

Example : The roller itself could be made out of special hard alloy with the characters engraved using special CNC laser cutting using specially developed software which will allow for super imposing with fuzzy logic which will keep changing for every roller made which will cause intricate and minute differences ( normally untraceable ) being built into each roller as well as the fonts / spaces used in the engraving. This particular logic unique to that roller will form as the unique filter for that particular roller while it is being used to access the global database etc.

The above gives an overall brief description regarding the “ Roller with global individual identity ” incorporated in the “Sign on gold “ concept.

2. Setting up and Managing the global database:

There already existing major players like Google, Meta, and others who already have sufficient experience with hosting global databases, etc. This also could be an area that could be under the purview of large Democratic governments like the USA & INDIA for the long-term advantage of all the people around the world. ( here it can be mentioned that as it stands today even though the US & INDIA have been the pioneer and the major contributor to the IT revolution taking place around the world, they have failed to convert this golden opportunity into a long-time strategic advantage to its global interests.)

Built-in provision can easily be made to cover the cost aspect of the whole proposal as everyone will be willing to pay towards this as the concept will empower the individual with enormous privileges.

The global database itself could be located in several distributed locations ( may preferably include Outer space etc for easy access etc.,) but will have the back-up and will be centrally controlled and work under a universally accepted protocol, etc.,

Special provision can be made to access the global data base (virtual wallet) and transfer out the valuables etc, in case of death etc to the inheritors etc.,

Once the Sign on Gold  concept along with The “ Virtual Wallet ” comes into practice, provisions can be made for the individual if he /she so wishes to instantly convert his / her monitory receivables into shares of his / her choice and reconvert them instantly into cash when he/she needs to pay out. Thus eliminating the need for holding cash in banks, thereby eliminating the concept of “ Interest ” on holdings etc., every individual will have the freedom in choosing his / her risk and profit regime or holding in cash ( but without the present situation of fear or insecurity ).

This concept can cause major changes in some sectors of the economy but overall it is expected to give a great boost for a long time to the global economy by making purposeful and effective use of the Information technology revolution.

3.Design/Manufacture the specialized scanner with gold-check built-in:

Technology already exists for scanners with high resolution and this is expected to further improve in the future, there are already major Global players like HP, cannon, Epson etc., supplying scanners world wide.

Technology already exists for fast non-destructive checking the Gold purity of gold coating etc., by using lasers.

Combining the above technologies is within the capacity of the industry specialized in these fields.

Miniaturizing the above “visualized” combined scanners in the future for incorporation into hand-held devices is also a distinct possibility, Mass-production of these devices would keep the costs reasonable in-spite of the expected complexities involved.

4.Design and supply of the Software content for all the above:

The software required for all the conceived equipment’s / facilities and their working can very well be developed by any one of the existing major Global players in this field, No major problems expected here.

5.Developing and supplying the gold paste with appropriate qualities:

The required Gold Paste with appropriate qualities could be easily developed with the resources available with the World Gold Council, and Once developed several players around the world could be licensed to produce the same to the exact specifications, under control of WGC to ensure consistency etc.

The sub-cartridge with the above mentioned gold paste could also be standardized for use globally.

Some of the expected Qualities of the conceived gold paste can be as follows :

Reasonably economical.
Possibility to apply as a thin coating on paper.
Possibility of creating clear embossed impressions.
Non-drying under exposure to air.
Quick-drying under exposure to the media in the scanner.
On drying leaving a compatible surface for ink signature.
Possibility of recovery of major part of gold content, etc.
6.Manufacture & supply of pen / Main cartridge with sub-cartridge etc :

The manufacture and supply of the pen used in this Sign on Gold  concept can be easily taken-up by several major existing pen manufacturers around the world with the pen having provision for accommodating the Main cartridge assembly at the pen’s non-writing end.

The “ Main cartridge assembly ” is expected to have provision for accommodating within it the earlier mentioned “ Sub-cartridge ” with gold paste, as well as appropriate provision for installing the earlier mentioned “ Embossing cum coating Roller ” which incorporates the Global Individual Identity and supplied and controlled by a central authority as explained earlier.

The above mentioned “ Main cartridge assembly ” also can be made by several major existing watch manufacturers world wide adhering to some established standard.