Gary McAlister is a technical inventor and creative innovator who created the concept of decentralising clean and renewable electric power generation and distribution to homes, businesses and factories. He believed this to be a crucial cog in the wheel of both developed and developing nations.
Over the period from 2010 to 2013, McAlister realised that the lack of finance was a crucial component hindering the manufacture and implementation of major clean and renewable technologies. To remedy this, he set to work developing a KwH currency to self-fund the developments he had in his sector. At the same time, Bitcoin came onto the market and attracted McAlister’s attention.
The success of Bitcoin spurred McAlister to look at all issues surrounding this new technology and to work with developers on a new cryptocurrency that harnessed the positive aspects of Bitcoin as well as addressing limitations and issues of concern.
The Bankcoin Reserve Coin was born.
From 2014 to the present day, McAlister continues to design new products and processes based on the Bankcoin Reserve engine and as of early 2018, in association with AAA Blockchain Ltd, holds 8 granted patents covering a vast array of technology that can be utilised by all facets of government and financial institutions.
Bankcoin Reserve patents are all about bringing much needed fiscal relief to the populations of debt-plagued countries and to the mechanics of financial institutions. These instruments have the capacity to revolutionise the way we think about money and the accumulation and storage of wealth, and to facilitate the implementation of useful and innovative methods for ensuring prosperity for governments, entrepreneurs, investors and ultimately, the people.
These unique innovations stand to become models for best practice in financial markets, trade and distribution of wealth for years to come.
McAlister has written the book Blockchain Prophecy to explain the fundamentals of his patents.
Blockchain Prophecy has been written to explain the fundamentals of Bankcoin Reserve patents and their applications. The book is available from Amazon.com