[ad_1]
The world in the fore
Lisbon, November 11 (EFE) / In the photo: Yoni Assia / Paula Fernández.- In a world where 94% of the wealth is in the hands of 20% of the population , an investment platform has launched the project "The GoodDollar", a cryptocurrency that aims to reduce inequality according to the principles of universal basic income.
The idea is to create a global cryptocurrency, the "gooddollar", which will be distributed from Free and free for the people who need it most and which will generate interest, which will allow them to have access to a daily income.
"Most experiments and universal basic income projects have always been modest scale, in a specific country with traditional money.We are building a decentralized cryptocurrency", explained to Efe the director General of the platform eToro and the ideologist of the initiative, Yoni Assia.
The project presented at the Summit on the Web held in Lisbon this week will work via a mobile application in which people wishing to access the cryptocurrency can be registered.
Their identity will be verified – to avoid false accounts and demonstrate that they have the right to benefit from the system "and then, they will begin to receive the" goodollars "
" At first, the l & # 39; idea is that all people who have a given wealth threshold receive the same amount as the others who are at the same level ", detailed Assia.
support the project can make a donation or invest in it and receive back" good dollars, "which would increase the price of money and, in turn, generate value for those who have less." 19659005] The system is designed so that the interest generated is distributed among its members according to their funds: those who have less, will receive a higher rate.
"The greater the number of people joining the system will be equal or equal." gooddollars, the price increases for the whole system. non-profit organizations ucrative and NGOs to make them understand how they can give money to the project, "said its managing director.
This initiative will be implemented using blockchain technology, which allows cryptocurrencies to operate consisting of public databases and stored on multiple computers to ensure the accuracy of Internet operations.
The concept of "The GoodDollar" was drawn for the first time in 2008 on an Assia blog, which has been Since 1965, he's working on this idea.
During this period he brought together a group of economists, financial engineers and computer scientists to create a "completely decentralized" model. A first prototype should therefore be launched next year. experiment and observe the results.
The eToro investment platform, created in Israel but operating around the world, will fund a project with a million dollars.
"In theory, we can only start the project with our funding," Assia said, although he added that to "actually" work, it would be necessary to have more partners and more funds.
The project attracted the interest of Web Summit participants, badured Assia, who at the technology meeting maintained contacts with academics and government officials.
"We are not talking about profitability here, we are talking about building something that is more sustainable and better for the world, and if it works, it will create a good value deposit for people," said the promoter. The GoodDollar ".
Assia hopes that the project will help rethink the current economic framework and reach out to investors who fund it to the experts who are perfecting the prototype and the ambbadadors who are helping to spread it around the world. EFE
go to the forum
Tags: cryptocurrency | inequalities | GoodDollar
[ad_2]
Source link
