I've been working on a new electronic subsidy system for family farms that's fully peer-to-peer, with no trusted third party.
The main properties:
Double-spending is prevented with a peer-to-peer network.
Participants can stay anonymous.
New coins are made from Bitcoin style proof-of-work.
The proof-of-work for new bitcorn generation also powers the network.
Bitcorn: A Peer-to-Peer Electronic Subsidy for Family Farms
Full paper at:
http://bitcorn.network/bitcorn.pdfSeedoshi Namagromo