Summary
The decentralized monetary system using charitable grants as banknotes can afford to make not only the electronic transaction between the parties directly, but send seigniorage on the implementation of targeted social support programs for the needy populations. This problem is solved by the use of peering service and use of grants trusted charities. When peer addressing this issue, the monetary system will keep the network performance with any number of available nodes. Grants are subject to the provision of follow-up reports on the distribution of allocated funds. The use of the platform for the creation of online services on the basis of blockchain will allow to conduct a distributed database of all completed transactions. Also, the database can produce a record of all transactions related to the issue of grants and it moves through the chain within the financial system up to the final recipient of grants from charities. Completely eliminate the human factor may allow the possibility of using smart contracts. charity cryptocurrency and decentralized environment is required for their full use. An example of clever contract can be: some electronic algorithm that allocates funds system in cashless form to charity or to another charitable foundation, but the recording of the payment in blockchain exercise only after the set described in the contract conditions. These conditions may be the introduction of e-reporting charitable organization in a decentralized environment of the work done, and the execution of this condition entails entry in blockchain and receipt of funds to the accounts of the charity fund.
Course
Mobile Commerce applies a decentralized single virtual machine will greatly simplify the introduction blockchain technology. Using the platform to create a decentralized online services based on blockchain allows you to create electronic tokens, which in turn may be analogs of charitable grants. Creation of digital charitable grants - a profitable economic activity due to the receipt of seigniorage, which receives the one with whom the issuer carries out charity tokens first transaction. Share premium resulting from the establishment of charitable grants advances the creation of added value, generating an economic power, the rate of which can be directed to charity. In this paradigm, the beneficiaries of the monetary system of net seigniorage is the whole sphere of charity as a whole. the system will be the foundation-egregor altruism. These concepts should make a well-established and generally accepted in society because of the transparency and publicity of the monetary system to create charitable tokens. This can be achieved by creating an intelligent contract to make entries in blockchain the transfer of charitable grants from the system in the address of the user only after the confirmation by one or another charitable organization to receive charitable donations from the aforementioned user. The donations can be used not only fiat money, but cryptocurrency that affect the development of decentralized systems as a whole by increasing their capitalization on the stock exchanges. The catalyst for the spread of the charitable monetary system will not only open, but also one of the most important qualities of distributed computer networks: it is the stability and sustainability, as well as the equality of all participants. Under equality should also be understood net competition among charities for the flow of money in the address by the donators. This way or another, ultimately affect the more efficient use of fiat funds among charities. The use of currency exchanges for the secure transfer of charitable tokens from the system to the participants or to share grants to the participants with each other will allow online to determine the objective value of the tokens in various charitable fiat or cryptocurrency according to the law of supply and demand.
Actions
Ethereum define a platform for the establishment of decentralized online services based on blockchain as a virtual machine, in which we will create a charity token. Oboznachenie- "charity token A". Pricing-stock exchange with the help of digital currency exchanger, as well as receive tokens at confirmation of purchase or charitable grants certificates in those or other charities. Markings on the online servisah- "A". The number of coin-daily creation and transfer of a token. Divisibility-1 \ 100. Ticker 0.01- "I". To use the charity A token must be received at the Ethereum platform your personal purse of this kind 0x81c739112dab275BFDaaeE02A4D5Cf94a0ca785D. You also need to add to the list of contracts displayed smart token A. Address 0x1A9aA302400B100968451d95A13Fd0795317EcEA contract in Ethereum platform for transfer of tokens within the system the calculation is made for the internal exchange unit, Gas, measured on the air. In this connection, for use as a token of exchange and transfer funds from your purse to other purse-users we recommend that you have in the account at least 0.01 ether. In carrying out the transaction, you have the ability to visually see your translation from the specified hash, block number and the transfer time in the form of entries in blockchain platform. Thus, when making a transaction from your addresses to any address the system-you can send a link to your post in blockchain sender. Link allows your recipient will receive comprehensive information on the transfer, including the number of purses and destination, as well as data on the volume of transactions. Another important factor is the speed of the token receipt A to the recipient purse: 1-2 minutes from the moment of the transfer of tokens. You as a user can be sure that when making a transaction from you to your recipient tokens A will be guaranteed to be credited to his purse and can not be frozen by any third party would.
Era
Every day, the system will create one token A. This principle will make tokens increasingly scarce commodity rather than a specific fiat funds that will have an effect on the results of trading on the exchange of digital currency services. It plays a key role in the monetary system. Each of the first transaction is associated with the transfer token A from system to users will be recorded in blockchain. Monitoring transaction block chain is open to all users of the system. Time in the system plays an important role as change the record to blockchain transaction is not given possible, as well as change the course of time, ie. change chain blocks, as well as the time-change is irreversible.
rationale
To implement the transfer token A from the system are two main methods to be used to the users: 1. The first method is the use of online services, with which you can exchange any fiat cryptocurrency cash and tokens to the user A. And when placing bids for the purchase of tokens in the online services will not be informed about who passes the tokens A, as counterparty to such an exchange request can be like the system itself, as well as an equal user wishing to exchange currently tokens and in exchange for fiat money or cryptocurrency. 2 The second method is direct, as is guaranteed that the user will receive tokens only by the system, when proof of purchase of the charity certificate or grant of priority charities. This principle will be more open and operational, for charity excludes the monetary system as an intermediary in the transfer of funds fiat between the user and a charitable foundation. Due to the fact that charitable donations and transfers tokens corresponding A from the system to the user are the same, charitable organizations should be strictly accountable, and be made public. That is why priority charities cooperating with the monetary system must provide quarterly reports on their activities, or fiat flow of money will be diverted to meet these criteria for charitable organizations. This criterion will generate competition among funds and gradually lead to more efficient spending of funds by charitable organizations for charitable purposes. Due to the fact that every day the system will issue only one token, which in turn will not only affect his course on online services for the exchange of digital currencies, but also the attention of the public for the expenditure and drafts fiat funds charities multiply will increase and lead to the emergence of trusted rating organizations, which will produce an analysis of the above activities and charitable organizations to conduct their rating, given the results of all the participants of the charitable sector. The appearance of such rating organizations will promote the increasing openness of the system for all users and will prove that the decentralized and open system have a greater perspective in comparison with the closed and centralized. We hope that in the future will stage the use of tokens What means of accumulation, which in turn will lead to the fact that tokens can be used as a means of exchange between users for economic relations with each other when making the purchase and sale of goods or provision of services. Upon the occurrence of this stage the use of tokens And in the international monetary system would be inevitable because the tokens will be part of the money supply.
Plexus
Thanks to the on-blockchain and surprisingly simple mechanism token system built into Ethereum platform on the one hand, and the charity campaign "The Giving Pledge", started in 2010 billionaires Warren Buffett and Bill Gates on the other hand absolutely definitely give understanding that to create a charitable the monetary system and the society is ready technically and morally. Ethereum platform features allow creators of tokens to decide where to direct seigniorage on their emissions, while the number of billionaires have joined the charity campaign "The Giving Pledge" only reflect the fact that people are by nature more altruistic than we think. Plexus two of these factors are given the chance to move humanity to the next phase of its development, and to send the cumulative economic power in the charity and altruistic direction. Through the use of a distributed transaction chains participating units will be aware of system transparency, openness and due to the distribution of charitable funds received fiat cash users will feel the true justice. The use of Web services to exchange digital currencies to national currency and cryptocurrency allow objectively evaluate the value of the tokens A online. All these means including Ethereum platform, the attention of the members and participants of the charitable sphere, as well as exchanges of digital currency may eventually elevate current monetary system and direct it in a more equitable direction.
Subject
By default, the first transaction of the system purses participants, subject to confirmation by the charitable organizations to receive a fiat funds for purchasing the certificates or charitable grants we do not commercialize. This topic is locked initially, ie the system will accrue at the rate of tokens A trading on online services for the exchange of digital currencies. Costs for transfers measured in Ether will be paid by charitable foundations. This is true, if we consider the fact that charities receive fiat flow of money for its activities. Open theme is to exchange tokens to online services, as the course will vary online and of course the users of the system will be able to profit not only from passive investment fiat cash or various cryptocurrency in exchange for tokens A, but also to benefit from changes in exchange rate time tokens. With proper cooperation of these electronic platforms cryptocurrency exchange with financial market participants, namely asset managers, hedge funds, commercial and investment banks and stock exchanges, the process of organizing trading in derivatives will be effective enough to determine objectively the value of tokens A. The use of derivative financial instruments with tokens as the underlying asset will make it more balanced rate and equilibrium for all users of the system.
completion
This paper proposed a system which includes the creation of tokens inside Ethereum platform to use it as a means of exchange and storage. The problem of openness and transparency we decided to use by monitoring blockchain platform and the possibility of verifying reports of charitable foundations and organizations on the distribution of fiat money received as donations from the participants in the system. After confirmation of receipt of funds from the users on the part of the system of charitable funds above automatically calculates the tokens A wallets to the participants in accordance with the rate of tokens on the various trade services to exchange digital currencies. In turn, it is the cooperation system with online services for the exchange of digital currencies and exchange tokens on fiat cash with users will reveal the objective value of tokens A token exchange on the above online service users to each other will help to increase capitalization and will increase tokens course over time. Our open position to consider any proposals ultimately leading to improvement of the system and its optimization, as well as the potential of cooperation with various charitable organizations and exchanges of digital currency will inevitably lead to the development of a single charity monetary system as a whole.
Census
1 Bitcoin: A Peer-to-Peer Electronic Cash System \ Satoshi Nakamoto /
2 Manifesto project Ethereum \ Vitalik Buterin.
3 In Search of seigniorage \ D. B. Tulin, PhD.
Thanks Aira project team, namely personally Sergei Lonshakova and Evgeny Radchenko.
Creator: Igor V. \
0x81c739112dab275bfda@aee02a4d5cf94a0ca785d.pwFirst published 100 tokens A.
