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Development Update #1
We are proud to present the first proof of concept for encointer ceremonies. The following video guides you through the steps of registering for a ceremony with a mobile phone app through to participating at a meetup where only humans are able to provide each other with a proof of personhood by signing their id, …
encointer as a development aid multiplier
Today, development aid gets diluted by administration, advertisement and corruption before it reaches its target, the individuals. Encointer provides a direct and egalitarian distribution channel from donors to individuals. Moreover, it potentially multiplies the economic impact of donations for the same reasons why fractional reserve banking works. Encointer aims to provide every human with a …
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A Global Universal Basic Income
A universal basic income (UBI) is a modest amount of money paid unconditionally to individuals on a regular basis (Standing). Most advocates of UBI aim at introducing it at a national level, as a monthly income to all legal (fiscal) residents and paid out in cash (denominated in national currency). Usually, a UBI is suggested …