A New Fair Global Digital Currency System For Intangible Product Service From The Savior Vision
Full article, source: https://humanitywhole.wordpress.com/2022/07/03/a-new-fair-global-digital-currency-system-for-intangible-product-service-from-the-savior-vision/
The idea, solution belongs to me the Savior, no any entity allowed to use it without my permission.
So how a new fair global digital currency system for the intangible products services should be like?
In this article I will share my vision with you, mostly focus on working mechanism.
There will be 3 major objects in the global digital currency system:
– Buyer Account: for anyone who want to buy digital goods.
– Seller Account: for entity want to sell their digital products service.
– Exchange Center: the place for people to exchange fiat money for the digital coin/money/bit.
Let’s use the term “digital bit” as the name for the world common digital currency for example in this article.
The flow of the digital bit and major rules:
Sending:
– Buyer accounts can only send the digital bit to seller account and exchange centern not allow to send for any other buyer account.
– Seller accounts can only send the digital bit to exchange center, not allow to any other buyer account and seller account.
– Exchange center can only send the digital bit to seller account, not allow to send to any other exchange center or seller account.
Receiving:
– Buyer account can only receive digital bit from exchange center.
– Seller account can only receive digital bit from buyer account.
– Exchange center can receive from both buyer and seller account.
The flow of the digital bit will be like this:
Buyer account => Seller account => Exchange center => Buyer account.
Exchange center will based on each nation, 1 nation will only have 1 exchange center and only allow to using the local currency such as USD in USA, JPY in Japan, GBP in UK, etc.
too long........
Full article, source: https://humanitywhole.wordpress.com/2022/07/03/a-new-fair-global-digital-currency-system-for-intangible-product-service-from-the-savior-vision/
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