ExNet Daily News
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2010-07-24 17:52:04
LINDA IVERSON-PRESIDENT
With ExNet having set up its ARIN-LACNIC Regional Master Licensing base in Silicon Valley (San Jose) and the completion of the IPCOM process through Panama as the Intellectual Property hub for global licensing purposes, Linda Iverson was appointed as President of the Company. An avid shopper and member of the development team since the very early days of the development in ExNet in Malaysia way back in 1999, Linda returned home to the US in 2005 where she teamed up with her mother in Good Service Realty, a realty firm operating in Ft Lauderdale for over 35 years and started early planning for the possible use of ExNet's Currency Credits in the property sector. The financial crisis of 2008, created the ideal environment of the launch of Currency Credits for use by the end Consumer on a B2C basis, a move that represents the convergence of the tradiional B2B (barter) sector into the end of chain, consumer space. Linda has no doubt that as the ExNet currency credits system gains traction, it will become the leader in the emerging currency virtualization space as the ExNet Currecy Credit has a tangible asset backing. something that none of the new wannabee crop of "social currency" issuers (late stage dot coms) can lay claim to. In Linda's words, "ExNet is in the process of delivering on the vision of the Governor of the Bank of England who was quoted as saying at a 1999 International Bankers conference, that there was no reason why products and services could not be swapped directly between consumers and producers, all it needed was a virtual Unit of Account". Linda is admanant that ExNet's Currency Credits will be that "Unit of Account"
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