_Post for Dinar Recaps Blog [From Dave Plaskett at Dinar Registry]
Dinar Registry security issues have been addressed and many investors are now taking advantage of the new www.dinarregistry.com website’s unique Arabic Keypad and the opportunity to make a printed record of their Iraqi Dinar Serial Numbers. Each subscriber to the website has their own private secure Member Account where their serial number record can be made using an on-screen Arabic Keypad, and this record can be printed then either (1) deleted permanently, if security is a concern, or (2) encrypted (a 2048 bit encryption) and stored electronically on secure mainframe servers in Los Angeles. All data transmission between the member’s computer and the mainframe servers is encrypted and the website’s SSL certificate verifies this. Importantly, a member’s private account is only accessible to the unique account holder when using their own User ID and Password.
Question: What about privacy, I don’t want to give my name or address when registering on the website? Since the Dinar Registry website charges a small annual subscription fee, payment by credit card requires the name on the card and billing address for verification. This information transmits directly from your computer thru an encryption service, Authorize.net, and on to the credit card processor. The Dinar Registry website never sees your name or address and it is not linked to your member account. If you use PayPal to make the subscription payment the website does not ask for your name or address. For those persons who totally do not trust the system, payment can be mailed to the website address along with a preferred User ID and Password and the member account will be accessible within 24 hours of receipt of payment.
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Question: Why should I use Dinar Registry? Because it is the safest, most secure way to make an accurate and printable record of your Iraqi Dinar banknote serial numbers. You then can have this printed serial number record independently verified and notarized. Even those who have made photocopies of their banknotes would agree that a printed serial number record is a more convenient record. This Dinar Registry record is your safeguard against counterfeit swapping, currency mixing, fraudulent transactions and even a record to use in the case of theft.
Some say when the RV occurs they will just take their banknotes to a bank that accepts foreign currency for exchange and therefore a record of the serial numbers is not necessary. It may not be that simple. Sure the exchange may occur but the currency you are receiving may be placed in a hold account until your Iraqi Dinar banknotes are verified as authentic and not counterfeit. A DeLaRue machine does not authenticate all the anti-counterfeit security features on the banknotes. Meanwhile your banknotes are out of your hands. Since this is potentially the most important investment of your life wouldn’t you want a printed serial numbers record in your hands while your banknotes are not!
Let’s look at another possible scenario where your Dinar Registry printed record would be not only prudent but essential. Let’s say the Central Bank of Iraq has dropped zeros from the currency and issued a new series of Iraqi Dinar Banknotes, making your banknotes obsolete unless you exchange for the new. And let’s say the RV has not yet occurred. Where are you going to go to make the exchange of the old currency for the new? Probably thru a Dinar Broker or other middleman. Again your banknotes will need to leave your hands to be exchanged. Would you prefer to do this without a printed record of your banknote serial numbers?
For more information visit www.dinarregistry.com