SETTLEMENT

GSF System offers instantaneous electronic settlement via the latest in digital technology. Loom based transfers are in operation via the web wallet interface at loom.cc. TruLedger and Voucher Safe technology are both in private beta test.

These transfer systems are operated independently of GSF and provide an Application Programmers Interface (API) for integration by others into their gadgets and applications such as a mobile phones. They make possible advanced technology such as economically viable, self-extending wireless mesh networks as well as SWANsat.

LOOM

Loom is a system which enables people to transfer ownership of GSF System vouchers at will.

In Loom, these vouchers sit at various locations in a giant digital space. They stay there until someone moves them to another location. To own an asset means that you are the only one who knows its location. It's like burying a gold bar deep in the woods where only you can find it.

To transfer ownership of a voucher to someone else, you first move the voucher from your own secret location to another location or 'drop point', which you then reveal to the recipent. It's like moving your gold bar to a place under a certain bridge in the park. The recipient then visits the drop point and moves the asset to his or her own secret location. Now the recipient owns the voucher and you don't.

That is the essence of Loom in a nutshell. If you can understand these concepts, you can understand how to operate the Loom. FAQ. API.

TRULEDGER

Truledger is an anonymous, digitally-signed general ledger and trading system. Like Loom, it allows anyone to issue assets. Unlike Loom, Truledger's digital signatures allow the server and the client to prove to each other that they agreed at a particular time on their balances. It does this while allowing destruction of transaction history for closed trades. GSF System is an issuer within the TrueLedger system.

VOUCHER SAFE

Voucher Safe is a Java based digital safe for the safe storage of and transfer of vouchers. The Voucher Publisher facilitates 'making change', and transfer of vouchers independent of the issuer. GSF System is an issuer within the Voucher Safe system.